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Wednesday, July 16, 2008

Nomad aims Bangsar serviced apartments at expatriates

KUALA LUMPUR: The Nomad Residences Bangsar, the first serviced residency in the area, hopes to tap the rising number of expatriate business travellers converging in the city.

Nomad Group Bhd general manager of service residences, Jimmy Chow, said the apartments provided everything a hotel could offer with its fully furnished units and other services that suited this business group.

Nomad Group is the owner and manager of the residency.

“Bangsar is always a favourite area among the expatriates because of its location and easy access to shopping malls, dining and entertainment. However, there are no serviced residences in this area.

“We are the first to open, taking advantage of the location and people's lifestyle,” he said at the launch of the residency yesterday.

With the choice of 10 one-bedroom units and 48 three-bedroom units, the tenancy tenure is flexible.

A one-bedroom unit costs RM5,500 while a three-bedroom unit is RM9,500 per month. The rates include utility charges, housekeeping services and maintenance.

“Our philosophy at The Nomad Residences is simple – just bring your luggage and nothing else. Everything is provided here at a very affordable rate,” Chow said.

Formerly Bangsar Suria, The Nomad Residences Bangsar has recorded an average occupancy of 28% since it was refurbished and opened for business early this month. In two months, the occupancy is expected to double.

“After spending about RM15mil on renovations, we are really happy with the feedback. We are targeting 70% occupancy by year-end, based on the good response, especially from expatriates,” he said.

By The Star

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