Impiana and Singapore’s Selo Group to build private villas in Tioman Island

Impiana Hotels Bhd and Singapore-based Selo Group will develop beachfront and hilltop villas at the southern end of Tioman Island in Pahang.

Both Impiana and Selo will combine their expertise to collaborate on all aspects of the development from the design and operational aspects to the management of the property.

They will develop Samãja Selo Private Residences through a joint venture partnership. This will also mark Selo’s entry into the Malaysian real estate and hospitality market.

Samãja Selo Private Residence comprises a limited collection of private villas. It will combine vacation home ownership with numerous boutique hotel amenities.

There will be 23 villas up for sale and the preview is by invitation only. The hilltop lots are selling from US$388,000 (RM1.6 million), and the beach front lots are from US$1.29 million.

The villas will be managed by Impiana Hotels & Resorts Management Sdn Bhd, the hospitality operating arm of the Impiana group.

Impiana currently owns and manages nine hotels and resorts – three each in Malaysia, Indonesia and Thailand.

Selo chief executive officer Andrew Corkery said his company is thrilled to bring its exceptional style of hospitality to Malaysia, which now ranks among the top five preferred countries for Asian real estate investors.

“We have prioritised a luxurious living experience that enhances a true connection to the destination and instills a sense of belonging in a private vacation community with a focus on owner’s modern lifestyle choices that matter more than ever to our residents,” he said in a statement.

Corkery said Samãja Selo is a private lifestyle community curated for like-minded people who share common goals, interests, and experiences in proactively pursuing wellness.

“We are excited that residents will soon have the opportunity to unwind in one of Asia’s most unique beachfront island destinations,” he said.

Impiana executive chairman, Datuk Seri’ Ismail @Farouk Abdullah said his company is delighted to be partnering with Selo on this very exclusive development.

“We look forward to embarking on this project to develop one of our idle strategic land banks into this valuable gem of a resort, in the midst of this adversity we are now experiencing. We trust this partnership forged with Selo would bring out the best in the property and make it a popular holiday destination of choice in time to come,” he said.

Source: NST