SINGAPORE (Mar 11): Frasers Hospitality, the hospitality arm of Frasers Centrepoint Group, has opened its third property, Fraser Residence Kuala Lumpur.

The 445-unit serviced residence is both the city and Frasers Hospitality’s largest serviced residence to date, Frasers Centrepoint Limited said in an SGX filing.

Fraser Residence Kuala Lumpur is located at the heart of the city centre, within walking distance of the Petronas Twin Towers, Suria KLCC shopping centre and KLCC Convention Centre.

Close to multinational companies, embassies and tourist sites such as the National Art Gallery and the National History Museum, it is accessible via the Bukit Nanas monorail and Dang Wangi LRT stations and is only a 20-minute drive from KL Sentral.

Fraser Residence Kuala Lumpur offers a range of fully furnished apartments that are outfitted with modern conveniences.

Ranging from studios to expansive 4-bedroom penthouses, each residence features floor to ceiling windows, living, dining, kitchen, work and bedroom areas, and home entertainment systems.

The opening of Fraser Residence Kuala Lumpur, which follows the launch of Capri in 2014 and Fraser Place Kuala Lumpur in 2010, brings the hospitality group’s portfolio in Kuala Lumpur to 1,000 apartment units.

Frasers Centrepoint Limited closed 0.9% lower at $1.76.