RUMOURS

We keep an ear out for upcoming developments from our verified sources.

These rumours are only indications of intent from developers and therefore subject to change.

HARRODS SQUARE (to be renamed)

69  tradewinds harrods

The Harrods Hotel & Residence in Kuala Lumpur, announced in 2012, was scrapped in August 2015 without any reason given. It was to be the first of three Harrods Hotels in the world, with the oth...

The Harrods Hotel & Residence in Kuala Lumpur, announced in 2012, was scrapped in August 2015 without any reason given. It was to be the first of three Harrods Hotels in the world, with the other two in London and Italy. The "seven-star" Harrods Hotel was to be located on the 5.48-acre site between Jalan Raja Chulan and Jalan Conlay, which would have been called Harrods Square. Harrods Square was to comprise four blocks Harrods Hotel would be in one 27-storey block, with 102 rooms and 60 units of serviced apartments; a 31-storey office block; and two blocks (with 61 and 52 storeys, respectively) will have a total of about 1,000 units of serviced apartments and commercial retail space.The three largest parties behind the development were Qatar Holding LLC, Tan Sri Desmond Lim Siew Choon and Tradewinds Corp Bhd, which were supposed to set up a joint-venture company known as Jerantas Sdn Bhd.Global investment house Qatar Holding LLC, which pulled out, owns the rights to the Harrods brand.Tan Sri Demond Lim is the man behind the Pavilion KL mall, which directly front Harrods Square. The plan was to build a pedestrian bridge to connect the mall with Harrods Square.The Tradewinds group holds the Harrods retail franchise in Malaysia.The Harrods Square project is expected to be be renamed, with the rest of the mixed integrated development to go ahead as planned, with another international brand hotel.SIGN UP with Propertypricetag.com to check the latest transacted prices and to list your property for FREE today. You can also follow our Facebook page for more insights and updates on the property market in Malaysia.