article thumbnail

E&O to launch second serviced apartment building in Penang

Serviced Apartments

Arica is a 380-unit freehold serviced apartment development, offering unit built-ups ranging from 947 sq ft to 1,259 square feet and priced from RM800,000. The project has a gross development value of RM400 million and is slated for completion in 2027.

article thumbnail

Serviced apartment and BTR plans for Cardiff Bay office scheme

Serviced Apartments

UK: Property developer Rightacres has revealed £25 million plans to transform an empty office scheme in Cardiff Bay into serviced and BTR apartments. The Cardiff-based company plans to repurpose the Scott Harbour scheme to provide 30 serviced apartments and 70 BTR properties.