Hong Kong-based Shangri-La Hotels and Resorts launched its luxury residential project in Yangon eyeing to tap corporate travellers pouring into the burgeoning Southeast Asian city.
Situated in Yangon’s prime residential area on 15 acres of land, Shangri-La Residences are made up of 240 apartments overlooking Kandawgyi Lake and Shwedagon Pagoda.
The apartments are housed in twin towers and range from two-bedroom units to four-bedroom penthouses with rooftop terraces.
The apartments measure between 156 square metres and 209 square metres, while the penthouses are the largest units with 295 square metres to 434 square metres of space and unobstructed views of the city from the roof terrace, the company said.
Shangri-La said the residences offer the brand’s “signature level of luxury and legendary hospitality.”
“Shangri-La Residences, Yangon is a sanctuary with extensive lifestyle services. As more corporate travellers set up homes in Yangon, it is a natural progression for Shangri-La to provide residential facilities and to serve as an extended family to new members of the Yangon community,” said Phillip Couvaras, general manager of Shangri-La Residences, Yangon.
The residential facilities include a lounge and function room, gourmet shop, well-equipped gymnasium, tennis courts, swimming pool and covered car park.
All residential quarters are built-in with kitchen, laundry area with dryer, backyard with a live-in area for a domestic helper, complimentary wi-fi and high speed internet access, the company said.
Shangri-La Hotels and Resorts currently owns and manages more than 80 hotels under the Shangri-La brand with a room inventory of over 34,000. The group has a substantial development pipeline with upcoming projects in mainland China, India, Mongolia, Myanmar, Philippines, Qatar, Sri Lanka and the United Kingdom.
