19 Mar
2013

Ascott Opens First Citadines Serviced Residences In Indonesia And Malaysia

New properties increase number of Citadines properties in operation to 59 across 31 cities in Asia Pacific and Europe

Singapore, 19 March 2013 – CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has expanded its international network of Citadines-branded serviced residences with the opening of the first Citadines properties in Indonesia and Malaysia. With the 153-unit Citadines Rasuna in Jakarta and 215-unit Citadines Uplands in Kuching, Ascott has a total of 59 Citadines properties in operation across 31 cities in Asia Pacific and Europe.

Mr Chong Kee Hiong, Ascott’s Chief Executive Officer, said: “Ascott acquired the Citadines chain of apart’hotels in Europe in 2002 and brought the brand to Asia Pacific in 2006. We have increasingly been getting requests from property owners for the brand, due to its popularity amongst savvy independent travellers. These travellers value urban living in prime locations and the flexibility to choose the services they require to personalise their stay experience. To cater to the demand, we will be opening 13 more Citadines in China, India, Indonesia, Malaysia, the Philippines and Germany by 2015.”

Mr Alfred Ong, Ascott’s Managing Director for Southeast Asia and Australia, said: “Citadines Rasuna Jakarta and Citadines Uplands Kuching complement our existing Ascott and Somerset serviced residences in Indonesia and Malaysia, allowing us to reach out to a wider segment of customers. They also reinforce Ascott’s position as the largest international serviced residence owner-operator with 10 properties in each of these countries. This positions us for stronger growth in Indonesia and Malaysia, where demand for serviced residences continue to rise on the back of strong economic fundamentals and high foreign direct investments.”

About Citadines Rasuna Jakarta

Catering to expatriates, business and medical travellers, Citadines Rasuna Jakarta is strategically located in the city’s central business district, next to the Metropolitan Medical Centre. Within walking distance are embassies and office towers housing multinational companies such as PricewaterhouseCoopers, Rabobank and Petrochina. The serviced residence is also near retail and entertainment centres including Plaza Festival, Rasuna Epicentrum, Kota Kasablanka and Kuningan City Mall, offering residents a host of conveniences.

Citadines Rasuna Jakarta is part of a stylish 30-storey integrated development known as The H Tower that comprises offices, specialist clinics and premier medical care facilities. Residents can enjoy privacy as the serviced residence maintains its own distinct lobby and facilities.

Each of the studio, one- and two-bedroom apartments in Citadines Rasuna Jakarta provides a comfortable and homely environment with a fully-equipped kitchen, separate dining and living areas as well as modern amenities such as complimentary Internet access, home entertainment system with DVD player and flat-screen television with cable channels. The apartments are also designed to reflect a local touch, with artworks, carpets and fabrics influenced by traditional Indonesian batik designs.

Residents of Citadines Rasuna Jakarta can workout at the fitness corner or swim at the pool while overlooking the Jakarta skyline from the 21st floor of the property. Other facilities include a jacuzzi and sauna room, business corner, launderette, café and restaurant serving French and Indonesian cuisines. The serviced residence also offers 24-hour reception and security, housekeeping and business centre services as well as residents’ programmes to help guests settle comfortably into their new home.

About Citadines Uplands Kuching

Citadines Uplands Kuching enjoys a prime location in Jalan Simpang Tiga – a hub for education and local federal government administration. The property is a 15-minute drive from the Kuching International Airport, Borneo Convention Centre and Samajaya Free Industrial Zone housing many multinational and local companies. It is also opposite one of the largest shopping malls in East Malaysia, The Spring Shopping Centre. Furthermore, Citadines Uplands Kuching is part of an integrated development known as ST3, which encompasses a shopping mall that will have over 200 retail outlets.

Citadines Uplands Kuching caters to the city’s growing Meetings, Incentives, Conventions and Exhibitions groups, executives on project assignments from the nearby companies and government offices, as well as student groups and visiting professors from universities located around the property.

The serviced residence offers a range of studios to two-bedroom units. Residents have ample space to live, work and entertain as each apartment comes with a fully-equipped kitchen, separate dining and living areas complete with home entertainment system and Internet access. The property also offers a suite of facilities including a swimming pool, children’s wading pool, gymnasium, residents’ lounge, launderette and meeting room.

Besides round-the-clock reception and security, housekeeping service and residents’ programmes, residents can personalise their stay at Citadines Uplands Kuching with the flexible menu of optional services including courier, babysitting, laundry and dry cleaning.

Opening Specials

To celebrate the opening of Citadines Rasuna Jakarta, Ascott is offering special introductory rates from IDR 750,000+ per night from now till 29 April 2013. At Citadines Uplands Kuching, special promotional rates start from MYR168++ per night from now to 31 March 2013. For reservations or more information, please visit www.citadines.com, call (65) 6272 7272 or email enquiry@the-ascott.com.

New Properties To Open In Indonesia And Malaysia

In Indonesia, besides Citadines Rasuna Jakarta, Ascott will open Ascott Kuningan Jakarta later this year, Ascott Waterplace Surabaya and Somerset Kencana Jakarta in 2014 as well as Citadines Marvell Surabaya in 2015. Ascott currently manages Ascott Jakarta, Somerset Berlian Jakarta, Somerset Grand Citra Jakarta, Somerset Surabaya Hotel & Serviced Residence and Countrywoods Residences in Jakarta.

In Malaysia, besides Citadines Uplands Kuching, Ascott will open Ascott Sentral Kuala Lumpur this year, Citadines D’Pulze Cyberjaya and Somerset Puteri Harbour Iskandar in 2014, Somerset Medini Iskandar in 2015 and Somerset Damansara Uptown Petaling Jaya in 2016. Ascott currently operates Ascott Kuala Lumpur, Somerset Ampang Kuala Lumpur, Seri Bukit Ceylon Residences and Marc Service Suites in Kuala Lumpur.

About The Ascott Limited

The Ascott Limited is a Singapore company that has grown to be the world's largest international serviced residence owner-operator. It has more than 22,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as over 8,000 units which are under development, making a total of more than 31,000 units in over 200 properties.
The company operates three brands – Ascott, Citadines and Somerset. Its portfolio spans over 70 cities across more than 20 countries, 14 of which are new cities in Ascott’s portfolio where its serviced residences are being developed.

Ascott, a wholly-owned subsidiary of CapitaLand Limited, pioneered Asia Pacific's first international-class serviced residence with the opening of The Ascott Singapore in 1984. In 2006, it established the world's first Pan-Asian serviced residence real estate investment trust, Ascott Residence Trust. Today, the company boasts a 29-year industry track record and award-winning serviced residence brands that enjoy recognition worldwide.

Ascott's achievements have been recognised internationally. Recent awards include DestinAsian Readers’ Choice Awards 2013 for ‘Best Serviced Apartment/Residence Operator’, TTG Travel Awards 2012 for ‘Best Serviced Residence Operator’, TTG China Travel Awards 2012 for ‘Best Serviced Residence Operator in China’, Business Traveller Asia-Pacific Awards 2012 for ‘Best Serviced Residence Brand’ and ‘Best Serviced Residence in Asia-Pacific’, and Business Traveller UK Awards 2012 for ‘Best Serviced Apartment Company’.

Visit https://www.the-ascott.com for more information and connect with us on social media at www.the-ascott.com/connect.

About CapitaLand Limited

CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, the company's businesses in real estate and real estate fund management are focused on its core markets of Singapore and China.
The company's diversified real estate portfolio primarily includes homes, offices, shopping malls, serviced residences and mixed developments. The company also has one of the largest real estate fund management businesses with assets located in Asia. CapitaLand leverages its significant asset base, real estate domain knowledge, product design and development capabilities, active capital management strategies and extensive market network to develop real estate products and services in its markets.

The listed entities of the CapitaLand Group include Australand, CapitaMalls Asia, Ascott Residence Trust, CapitaCommercial Trust, CapitaMall Trust, CapitaMalls Malaysia Trust, CapitaRetail China Trust and Quill Capita Trust.


 

Joan Tan, Assistant Vice President, Corporate Communications

Tel: (65) 6823 3280    

Mobile: (65) 9743 9503    

Email: joan.tanzm@capitaland.com

 

Jasmine Sim, Manager, Corporate Communications

Tel: (65) 6823 3249    

Mobile: (65) 9686 2859    

Email: jasmine.sim@capitaland.com