The Ascott Limited, a lodging business unit wholly owned by CapitaLand Investment (CLI), officially announced its strategic partnership with PT Cemerlang Indo Properti, a subsidiary of PT Pakuwon Jati Tbk, to develop Ascott Batam, a landmark project poised to become the largest mixed-use development in the region. The official signing ceremony, held on 14 October 2024, marks a significant milestone in Ascott’s and Pakuwon’s continued expansion in Indonesia and reinforces its commitment to delivering world-class lodging experiences in key cities across the archipelago.
Strategically situated in Bukit Permata, one of Batam’s most sought-after locales, Ascott Batam will be the brand’s inaugural property in the city. The development is set to redefine Batam’s urban landscape, with its close proximity to major retail complexes, esteemed universities, and other essential amenities, creating an integrated destination that seamlessly blends residential, commercial, and leisure facilities. Guests can look forward to a range of top-notch facilities including a swimming pool, fitness center, business lounge, and multiple dining options. The property will also feature state-of-the-art meeting and event spaces, catering to corporate and social gatherings.
As Batam continues to grow as a gateway between Indonesia and neighboring countries, the development is poised to cater to the increasing demand from international visitors seeking both short and extended stays. This premier development is also expected to attract significant inbound tourism from Singapore, given Batam’s proximity and ease of access via ferry services.
Designed by internationally acclaimed architectural firm Benoy, known for their pioneering work in master planning and cutting-edge design, the property will epitomize innovation and elegance. Benoy’s visionary approach is expected to bring a sophisticated, contemporary aesthetic to Ascott Batam, while integrating sustainable elements that respond to the demands of modern urban living.
Philip Barnes, Country General Manager of The Ascott Limited Indonesia, expressed his enthusiasm for the groundbreaking collaboration, stating, “The partnership between The Ascott Limited and PT Cemerlang Indo Properti represents a convergence of industry expertise and a shared commitment to delivering excellence. Ascott Batam is set to be a landmark not only for Batam but for the entire region, offering a holistic living experience that balances luxury, convenience, and sustainability. This development is a testament to our vision of creating exceptional, future-forward destinations that enhance the quality of life for residents and visitors alike.”
Eiffel Tedja, Director of Pakuwon Jati Tbk. highlighted the significance of the development by stating “The development of Ascott Batam reflects our ambition to drive transformative projects that set new benchmarks in real estate landscape. Our partnership with The Ascott Limited reinforces our commitment to innovative, high-quality development that caters to the evolving needs of modern dwellers. We are confident that Ascott Batam will stand as a model of excellence and enhancing Batam’s standing as a thriving destination for business and leisure.”
The property will stand as a beacon of Ascott’s distinct approach to hospitality, embodying the highest standards of service, design, and innovation. Slated for completion in 2028, Ascott Batam will enhance the city’s appeal to both domestic and international travelers. Its unparalleled combination of luxury living spaces, retail outlets, and integrated facilities is expected to draw interest from both residents and investors, reinforcing Batam’s status as a pivotal gateway between Indonesia and neighboring countries.
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