RICHMOND ESTELAR

A Landmark Branded Hospitality Development in Kuala Lumpur City Centre

Richmond Estelar is a distinguished freehold commercial hospitality development strategically located in Bukit Bintang, Kuala Lumpur City Centre (KLCC). Rising within Kuala Lumpur’s prestigious Golden Triangle, Richmond Estelar represents a new benchmark in branded hotel-investment living, seamlessly blending international hospitality standards, refined design, and compelling investment fundamentals.

Developed by Richmond Asia Group, this iconic project is designed to serve discerning global investors and urban travelers seeking a premium lifestyle destination in the heart of Malaysia’s most vibrant commercial and tourism district.

Project Overview

• Project Name: Richmond Estelar
• Developer: Richmond Asia Group
• Development Type: Commercial – Branded Hotel & Retail
• Land Tenure: Freehold
• Location: Bukit Bintang, Kuala Lumpur City Centre
• Completion: Q4 2028

Development Components

• 1 block of 199-key hotel suites
• 3 levels of retail podium
• Sky Garden
• Rooftop Garden with Waterfall Feature

Richmond Estelar is positioned as a mid-range luxury hospitality asset, capturing strong demand from both international tourists and business travelers.

Strategic Location – Bukit Bintang, KLCC

Located within the KLCC–Bukit Bintang corridor, Richmond Estelar enjoys exceptional connectivity and proximity to Kuala Lumpur’s most iconic landmarks, lifestyle destinations, and transportation networks.

Nearby Landmarks & Attractions

• Pavilion Kuala Lumpur
• Jalan Alor Food Street
• Petronas Twin Towers
• Merdeka 118
• KL Tower
• The Exchange TRX

Accessibility & Transport

• Bukit Bintang MRT Station (Kajang Line) – minutes away
• Seamless connectivity to MRT, LRT, Monorail & major highways

This prime address enhances both rental appeal and long-term capital value, making it a highly sought-after hospitality investment location.

Architectural & Design Concept

Richmond Estelar is envisioned as a modern urban sanctuary inspired by Kuala Lumpur’s dynamic skyline. The architectural design emphasizes:

• Elegant vertical form with skyline presence
• Contemporary façade with premium materials
• Intelligent spatial planning for hotel efficiency
• Integrated green spaces within an urban setting

The development reflects a balance of luxury, functionality, and timeless design.

Unit Types & Sizes

Richmond Estelar offers fully furnished hotel suites, each meticulously designed to international hotel standards.

Unit Highlights

• Fully furnished (approx. RM350,000/2.7M THB worth of furnishings)
• International hotel-grade finishes
• Soundproof windows
• Jacuzzi shower (Type A & B)
• Jacuzzi bathtub (Type C, D, & E)

Facilities & Amenities

Residents and guests enjoy access to a comprehensive suite of hotel-grade facilities:

• Sky Garden
• Rooftop Garden with Waterfall
• Rooftop Bar & Lounge
• Fitness Centre
• Spa & Wellness Facilities
• Hotel-style Reception & Concierge
• 24-hour Security & Access Control

These amenities are designed to elevate lifestyle living while enhancing guest satisfaction and occupancy performance.

Hotel Services & Lifestyle Privileges

Richmond Estelar offers full hotel services managed to international standards, including:

• 24/7 Concierge & Security
• Daily Housekeeping & Turndown Service
• Room Service & In-unit Dining
• Laundry & Dry Cleaning
• Airport Transfers & Chauffeur Booking
• Owner & Guest Mobile App (Digital Check-in, Mobile Key, Services Booking)

Global Hotel Group Privileges

• Membership & benefits under international hotel loyalty programs
• Preferential rates at partner hotels worldwide
• Dining & lifestyle discounts at affiliated outlets

Investment Highlights

Richmond Estelar is designed as a hassle-free, income-generating hospitality investment.

Guaranteed Rental Return (GRR)

• 6.5% Guaranteed Rental Return (Initial Phase)
• 20-Year Rental Program with 10-Year Extension Option
• 70:30 Net Profit Sharing (Investor: Operator)

Sample Net Selling Prices

• Type A: RM1,088,000/ 8.3M+ Thai Baht
• Type B: RM1,288,000/ 9.9M+ Thai Baht
• Type C: RM1,488,000/ 11.4M+ Thai Baht
• Type D: RM1,588,000/ 12.2M+ Thai Baht
• Type E: RM2,088,000/ 16M+ Thai Baht

Maintenance Fee

• RM0.80/6.16THB psf + 10% sinking fund

Richmond Estelar benefits from strong tourism recovery, rising hotel occupancy, and sustained demand driven by Malaysia’s Visit Malaysia 2026 initiative.

About the Developer – Richmond Asia Group

Richmond Asia Group is an investment-led developer with a growing footprint in Malaysia’s high-value real estate and hospitality sector.

• Over RM6 billion in completed developments
• Over RM3 billion in upcoming projects
• Integrated business divisions covering development, investment, hotel management, and property management

Awards & Recognition

• PropertyGuru Asia Property Awards – Best Branded Development
• ASEAN Property Developer Awards – Best Hotel Suites Development
• Asia Architecture Design Awards – Asia Best Firm in Property Development

A Distinguished Opportunity in Kuala Lumpur

Richmond Estelar stands as a rare opportunity to secure a freehold, branded hospitality asset in Kuala Lumpur’s most prestigious urban corridor. Combining location excellence, international hotel standards, and structured investment returns, it is a compelling proposition for both lifestyle investors and global capital. This project will be managed by Barceló Hotels & Resorts, a well-established Spanish hotel brand known for upscale accommodations and an international footprint in popular urban and resort destinations. It combines comfort, cultural flair, and broad service offerings.

For an exclusive project preview and presentation, contact us today and enjoy the project promotions for the first early investors.