Samsung C&T to build $310m Malaysian development
Star Development will feature Malaysia’s first and only Star Walk of Fame – a 200m long stretch featuring both local and international celebrities, similar to Hollywood’s Walk of Fame and Hong Kong’s Avenue of Stars
Samsung C&T has signed a $310mn deal to construct Star Development in Kuala Lumpar.
The project will comprise Star Residences – luxurious residential homes, and Star Boulevard – signature retail F&B and an entertainment hub.
The contract was assigned by Alpine Return Sdn Bhd, a joint venture between United Malayan Land Bhd and Symphony Life Bhd.
It encompasses the construction of three high-rise towers – a 57-floor, 251m high tower and two 58-floor, 265m tall luxurious residential towers.
Once completed, the structures will be one of the tallest residential towers in Kuala Lumpur.
Star Residences will be located within the central business area in Kuala Lumpur.
Construction work began on 7 November and is expected to be completed by 2019.
Star Development will feature Malaysia’s first and only Star Walk of Fame – a 200m long stretch featuring both local and international celebrities, similar to Hollywood’s Walk of Fame and Hong Kong’s Avenue of Stars.
Samsung C&T previously built the Burj Khalifa in Dubai and also participated in the construction of the 452m Petronas Twin Tower.
“We are honored to be part of the Star Development project,” said Chi Hun Choi, president and CEO of Samsung C&T, said: “We look forward to continuing our support for Malaysia’s growth and development, having participated in large scale projects including Petronas Twin Towers. Though challenging, we are certain that by working closely together with our trusted partners and maintaining a strong emphasis on safety, the project will be successful.”