Government-backed urban luxury development opportunity

The project is a landmark, state-supported mixed-use development combining hotel, office, and retail components on a prime urban site, structured under an EPC+F framework with repayment secured by a government payment guarantee.​

With a total contract price of about USD 33.4 million and a gross built-up area of approximately 16,854 square meters, it aims to capture strong tourism growth, modern office demand, and premium retail spending, supported by multi-source revenue streams and disciplined risk management.

Development and operation of a luxury urban hotel

Hospitality space for international tourists, corporates and local affluent consumers

Prime government-backed urban site with secured payment guarantee upon completion, reducing counterparty and completion risk for investors.​

Integrated luxury hotel, Grade A offices, and high-end retail podium in a market where quality urban mixed-use supply is limited yet demand from tourists, expats, and NGOs is growing.​

Robust 10-year revenue projections driven by hotel rooms, F&B, events, office leasing, and retail rents, underpinned by rising visitor numbers and rental growth assumptions.​

Clear competitive edge versus mainly beach-focused resorts and small-scale malls, positioning the asset as a new commercial and hospitality landmark in the city.