Sky Residence Prai, The Ascott Limited's (Ascott) first serviced apartment in Penang, has opened.
Ascott is a wholly-owned subsidiary of CapitaLand Investment. Sky Residence Prai is its ninth operational property in Malaysia.
With over 6,700 units in 26 properties across 11 cities, the addition of the serviced apartment will strengthen Ascott's leadership position in Malaysia.
Sky Residence Prai, located in Bukit Mertajam near Icon City and Juru Sentral, is set to provide world-class hospitality standards.
Ascott's country general manager for Malaysia, Mondi Mecja, said in a statement that the apartments are intended to meet the needs of both business and leisure travellers.
There are 168 modern units ranging from studios to two-bedroom apartments.
The fully furnished apartments have a modern interior design.
The recreational area on levels 8 and 39 of the property also has a variety of amenities.