Rackson Group Unveils RM1.5 Billion Le Meridien Penang Airport and Avion Serviced Apartments

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Le Meridien Penang Airport and Avion Serviced Apartments: A Landmark Development in Bayan Lepas

Rackson Group is redefining urban luxury and convenience with its groundbreaking RM1.5 billion gross development value (GDV) project in Bayan Lepas, Penang. Featuring the prestigious Le Meridien Penang Airport Hotel and Avion Serviced Apartments, this visionary development is set to become an iconic landmark near the Penang International Airport (PIA).

The project, scheduled for completion by Q4 2027, aims to transform the skyline and urban landscape of southern Penang, catering to the needs of millions of passengers, multinational corporations, and growing tourism.

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Transforming Penang’s Skyline

During the groundbreaking ceremony officiated by Penang Chief Minister Chow Kon Yeow and Human Resources Minister Steven Sim Chee Keong, Rackson Group CEO Kelvin Lor highlighted the project’s significance:

“This development will be the first iconic skyscraper visible upon arrival at Penang International Airport, serving the annual seven to eight million passengers and supporting southern Penang’s expanding economic hub, including the much-anticipated Silicon Island.”


Le Meridien Penang Airport: Luxury Hospitality Redefined

The Le Meridien Penang Airport Hotel aims to elevate hospitality standards with world-class amenities tailored for both business and leisure travellers. Key features include:

  • 200 luxury guest rooms, including presidential suites.
  • A 300-capacity ballroom for grand events and conferences.
  • A sky infinity pool offering panoramic views.
  • All-day dining outlets delivering exceptional culinary experiences.

This premium hospitality experience is set to enhance Penang’s growing reputation as a global destination for tourism and innovation.


Avion Serviced Apartments: Elevated Urban Living

The Avion Serviced Apartments offer an exceptional living experience designed to suit diverse lifestyles, with 608 meticulously crafted units. Key highlights include:

  • One-, two-, and three-bedroom configurations with modern layouts.
  • Premium facilities, including an infinity swimming pool, a state-of-the-art gymnasium, and a sky lounge.
  • A multipurpose hall for events and gatherings.
  • Advanced security with a card access system and 24-hour surveillance.

The transit-oriented design ensures unparalleled convenience, with seamless connectivity to the airport, the upcoming LRT station, and the nearby Mitsui Outlet Park.


Strategic Location and Investment Potential

The project’s prime location near Penang International Airport and its integration into Penang’s transportation ecosystem make it an attractive proposition for investors and residents alike.

According to Kelvin Lor:
“This development promises significant rental yield potential and capital appreciation, benefiting from its unmatched accessibility and the growing demand in Penang’s property market.”

Penang’s transportation hub enhancements, including the upcoming LRT airport station, strengthen the development’s position as a cornerstone of modern urban planning and connectivity.


Boosting Penang’s Economy and Employment

Chief Minister Chow Kon Yeow highlighted the project’s economic and social impact during the launch event:

  • Over 1,000 construction jobs will be created during the development phase.
  • Upon completion, the hotel and serviced apartments are expected to generate approximately 300 direct employment opportunities.
  • The MICE (Meetings, Incentives, Conferences, and Exhibitions) sector continues to grow, contributing RM1.03 billion to Penang’s economy in 2023 alone.

A Visionary Step in Penang’s Urban Development

The Le Meridien Penang Airport and Avion Serviced Apartments are part of the Penang Gateway Project, a bold initiative to redefine urban living and hospitality in the region. These developments are aligned with Penang’s focus on accessibility, connectivity, and smart urban planning, setting a new benchmark for integrated infrastructure projects in Malaysia.

By integrating modern amenities, sustainable design, and seamless connectivity, Rackson Group is establishing a legacy that supports Penang’s growth as a leader in business, tourism, and innovation.


Final Thoughts

The Le Meridien Penang Airport and Avion Serviced Apartments are more than just a development project; they represent a pioneering vision for Penang’s future. This landmark initiative by Rackson Group not only promises an elevated living and hospitality experience but also contributes to Penang’s economic and social advancement.

Whether you’re a traveller, a resident, or an investor, this iconic project offers unmatched potential in one of Malaysia’s most vibrant regions.

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