CapitaLand’s serviced residence business unit, The Ascott Limited (Ascott), has announced that it is expanding its presence in Surabaya, Indonesia with the scheduled opening in 2017 of Citadines Marvell Surabaya.
Situated in the business district of Ngagel, Citadines Marvell Surabaya will be close to shopping malls and the Surabaya Industrial Area Rungkut, where many manufacturing factories are located.
Citadines Marvell Surabaya will be part of an integrated development named Marvell City, which offers a multitude of shopping, dining and entertainment options. These include specialty restaurants and bars with alfresco dining, a supermarket, a cinema and other retail outlets. The development will also house commercial towers, educational institutions, as well as ballroom and banquet facilities.
Citadines Marvell Surabaya will offer business and leisure travelers a choice of studios, one- and two-bedroom apartments. Each furnished apartment comes with a fully-equipped kitchen, ensuite bathroom, separate work and sleeping areas and other modern amenities. Facilities in the 12-story serviced residence will also include a swimming pool and residents’ lounge.
Besides Citadines Marvell Surabaya, Ascott will open Somerset Medini Nusajaya in 2015 and Somerset Damansara Uptown Petaling Jaya in 2016. Ascott currently manages Ascott Kuala Lumpur, Ascott Sentral Kuala Lumpur, Citadines DPulze Cyberjaya, Citadines Uplands Kuching, Somerset Ampang Kuala Lumpur and the recently opened Somerset Puteri Harbour Nusajaya in Malaysia.
The Ascott Limited is a Singapore company that has over 26,000 operating serviced residence units in cities of Asia Pacific, Europe and the Gulf region, as well as over 12,000 units which are under development, making a total of more than 38,000 units in over 200 properties.