Kuala Lumpur, 31 October 2017 – The successful completion of The Mews Serviced Residences—256 custom-designed residential units in 38-storey twin towers on Jalan Yap Kwan Seng—marks the realisation of an ongoing partnership between Malaysia’s Eastern & Oriental Berhad (E&O) and Japan’s largest developer, Mitsui Fudosan Co., Ltd. (Mitsui Fudosan).
E&O and Mitsui Fudosan enjoy a long-standing collaboration. The development joint-venture between E&O and Mitsui Fudosan to build The Mews was inked in March 2013. Preceding this was a sales and marketing collaboration signed in 2011.
In a ceremony to commemorate this international alliance and celebrate the completion of The Mews, which is the first development joint-venture project between E&O and Mitsui Fudosan, E&O managing director, Kok Tuck Cheong said, “E&O’s first development partnership with Mitsui Fudosan has come to fruition with the successful delivery of The Mews.
“It has been an honour to have Mitsui Fudosan as our esteemed partner for this project where two different cultures have merged with a single aspiration of presenting an exceptional product to our customers.Echoing this sentiment, managing director of Mitsui Fudosan (Asia) Malaysia Sdn. Bhd. (MFAM), Takehito Fukui said, “We are delighted to establish the partnership with E&O to deliver The Mews which sets a new benchmark for high-end residences in Kuala Lumpur city centre. The completion of The Mews also demonstrates that both E&O and Mitsui Fudosan share the same philosophy of developing high-quality luxury residences.”
The event was attended by E&O board members and senior management, senior representatives from MFAM as well as a host of corporate guests.
The Mews is located in a prime spot within the Kuala Lumpur central business district, yet it has the ambience of a private haven tucked away from the main urban thoroughfare. Residents have a choice of units with built-up areas of 922 to 2,619 square feet in configurations of 1- and 2-bedroom serviced residences as well as penthouses.
Balancing superior form and efficient functionality, The Mews presents ample-sized master bedrooms with elegant ensuite bathrooms, synonymous with the E&O brand. The sixth floor of The Mews connects the community with an array of lifestyle facilities and an exclusive water sanctuary. The expansive 37th floor deck—with its vantage position offering spectacular 180 degree vistas of KL city complete with open lawn and private manicured garden—is perfect for entertaining or simply enjoying the view.
Kok highlighted that the final product of The Mews was a testimony to the stellar team of architects and designers who had conceptualised and crafted the project and meticulously brought the RM469 million project to life.
“The Mews is the result of the creative foresight of Malaysia’s GDP Architects and Seksan Design, an exemplar team of the nation’s foremost architects and landscape designers.
“Through their work, we have been able to articulate the desired concept of ‘understated stylish simplicity’ that is the essence of The Mews,” said Kok. Kok said that E&O’s marketing team was in the midst of handing over the completed units to owners.
(L-R) Mr. Wayne Wong, Senior General Manager, Marketing & Sales of E&O; Mr. Kok Tuck Cheong, Managing Director, E&O; Mr. Takehito Fukui, Managing Director, Mitsui Fudosan (Asia) Malaysia Sdn Bhd; Mr. Shigeki Komi, General Manager for Residential Dept, Mitsui Fudosan (Asia) Malaysia Sdn Bhd.
The E&O Group (东家集团)
The E&O Group (Eastern & Oriental Berhad) is a listed company on Bursa Malaysia that has established a reputation as the premier lifestyle property developer of exclusive addresses for the discerning.
In Kuala Lumpur, E&O’s landmark properties include The Mews, St Mary Residences, Dua Residency, Idamansara and Seventy Damansara, all located in the most prime and prestigious neighbourhoods of the capital city.
In Penang, the award-winning Seri Tanjung Pinang (STP) is the island’s first masterplanned seafront development that is now a highly sought-after and thriving community to locals as well as expatriates from over 20 nationalities. Reclamation of the second phase of STP started in 2016 and is on-going.
In Johor’s southern development corridor of Iskandar Malaysia, E&O has embarked on Avira, a 207-acre development within Bandar Medini Iskandar that has easy accessibility to the Second Link connection to Singapore.
In its expansion overseas, E&O’s international foray into real estate investment and development is focused within prime locations in London, including Princes House along Kingsway, ESCA House in Bayswater, and a commercial property in Hammersmith.
E&O’s leading position as a lifestyle developer is anchored by its niche in luxury hospitality derived from its namesake, the iconic Eastern & Oriental Hotel, a cherished heritage landmark in George Town established in 1885. The Group has further leveraged on its experience and expertise in hospitality management with the opening of E&O Residences serviced apartments in Kuala Lumpur.
Mitsui Fudosan Co., Ltd, (三井不动产株式会社)
The Mitsui Fudosan Group (collectively referred to as ‘Mitsui Fudosan’), listed with the first section of the Tokyo Stock Exchange, is the number one company in terms of revenue and profit (FY2016) in the Japanese real estate market.
The foundation of Mitsui Fudosan goes back to 1672, when Takatoshi Mitsui founded a shop called Echigo-ya in Nihonbashi, Tokyo. In 1941, the Real Estate division was split off from the Mitsui Company. This was where Mitsui Fudosan was given its wings. Now its business domain is spanning almost every areas of real estate business not only in Japan but globally.
Mitsui Fudosan has a lot of signature projects spreading from Kasumigaseki Building, the first skyscraper in Japan, Mita Tsunamachi Park Mansion, the first super high-rise condominium tower in Japan, MITSUI OUTLET PARK OSAKA TSURUMI, the first factory outlet mall in Japan, and Tokyo Disney Land.
The Mitsui Fudosan Group, in pursuing its mission to “bring affluence and comfort to urban living,” aims to provide services that satisfy customers by fully understanding diversifying customer needs and desires, and creating new value.