Malaysia: Sentoria develops Borneo Samariang Resort City

Malaysia: Sentoria develops Borneo Samariang Resort City

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Sentoria Group Bhd, the developer of Bukit Gambang Resort City in Pahang, said it intends to build a water park outside of Kuching in Sarawak as part of planned RM2 billion integrated resort city on a 500 acres site.

The project, to be known as Borneo Samariang Resort City in Bandar Samariang, will take 10 years to complete. The company said the water park component of the project will be fully operational by end of 2017.

“The development of the resort city is targeted to commence immediately upon obtaining all approvals from various relevant authorities,” Sentoria said in a statement.

On Friday, Sentoria entered into two separate agreements with landowner Projek Bandar Samariang Sdn Bhd to acquire the land for the project.

The company said the leisure and hospitality segment will take up 200 acres and is targeted to be fully developed over eight years. It will comprise of three resort accommodations, a water theme park, a safari park and a convention centre amongst others.

The development value of the project was estimated at RM730 million.

The remaining 300 acres is reserved for mixed development, with an estimated gross development value of RM1.27 billion over 10 years.

The Sun Daily

 

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