King’s Park Development Sdn Bhd, formerly known as Highlands Park City Sdn Bhd, has officially unveiled its latest integrated mixed-use development, named King’s Park, in Genting Highlands. With a gross development value (GDV) of RM10 billion, King’s Park offers residential, commercial, and entertainment components.
The 150-acre King’s Park is situated next to Awana Genting Highlands Golf & Country Resort and is a partnership between the developer, Yuk Tung Group, and the Association for the Promotion of Higher Education in Malaysia (Aphem), the land owner of the 150-acre parcel.
According to King’s Park Development executive vice president Sean Chen, King’s Park will be developed in five phases. Phase 1, covering 21 acres, achieved a take-up rate of 70% prior to its official launch. This phase comprises 360 retail units spread across 12 integrated commercial lots.
Each unit measures 22ft by 75ft, and some ground-floor units feature high ceilings measuring 6.5 meters. Prices for these units range from RM2.5 million to RM3.2 million. Some commercial lots will house the Salaam Halal Hub, set to become an international retail halal hub and a halal luxury boutique hotel. Phase 1 is expected to be completed by 2026.
Chen stated, “King’s Park will be situated on one of Genting Highlands’ most gentle slopes, classified as Class 1 and 2 slopes. The development will be segmented into five phases, offering a one-stop center for shopping, relaxation, entertainment, and more.”
He highlighted that King’s Park stands out as an integrated entertainment hub with a significant presence of internationally acclaimed brands and new experiences not yet available in Malaysia.
In addition to retail lots, Phase 1 will see the development of two theme parks, scheduled for launch in the fourth quarter of 2023. More details will be announced later.
Phase 2, expected to launch next year, will comprise hotels and serviced apartments. Phase 3 will introduce Swissôtel Genting Highlands, a 30-storey hotel building offering 300 rooms and various facilities. Phase 3 will also feature residential properties consisting of semi-detached villas and bungalows.
Phase 4 will witness the launch of more shoplots, hotels, and serviced apartments, while Phase 5 will feature medical facilities, including a hospital and wellness center.
Hotels that will be part of King’s Park include Hard Rock Genting Highlands, Crown Estate, and Novotel Genting Highlands. The development will offer 5,000 car park bays, half of which will have electric vehicle (EV) charging stations. Additionally, King’s Park will have 200 bus bays and a bus terminal.
The overall development aims to be family-oriented, catering to local and international tourists, and offering a wide range of entertainment and shopping options. King’s Park is expected to be completed in about 10 years from now, transforming Genting Highlands into a vibrant and liveable township with unique attractions and amenities.