Chip Eng Seng partners Park Hotel to invest in Maldives resort

By Tan Chee Yuen
/ Chip Eng Seng, Park Hotel |
Join our  Telegram  channel and follow our  Facebook  for the latest update.
Chip Eng Seng Corporation and Park Hotel Group has entered into a joint venture agreement to invest in a Maldives resort project worth US$65 million.
Chip Eng Seng has 70% stake in the joint venture while Park Hotel holds the remaining 30%.
Park Hotel will manage the 120 all-villas resort, Grand Park Kodhipparu, which is scheduled to be opened in 2Q2017
This is Park Hotel Group's second tie-up with Chip Eng Seng, following the partnership for Park Hotel Alexandra, which opened last year.
Advertisement
Park Hotel will manage the 120 all-villas resort, Grand Park Kodhipparu

Source: Park Hotel


Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
EdgeProp Telegram
EdgeProp Facebook
Subscribe to our newsletter

Our Site

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

View More