GEORGE TOWN: Rackson Group has unveiled a landmark project in Bayan Lepas, featuring Le Meridien Penang Airport and Avion Serviced Apartments.
Scheduled for completion by the fourth quarter of 2027, the project with a gross development value (GDV) of RM1.5bil promises to transform the skyline near the Penang International Airport (PIA).
Rackson Group chief executive officer Kelvin Lor said the development would be the first iconic skyscraper visible upon arrival at the airport.
“The project is designed to cater to the needs of seven million to eight million passengers who pass through the airport annually, serving transit passengers, over 300 multinational corporations, local tourists, and the burgeoning developments in southern Penang, including Silicon Island,” Lor said during the ceremony to break ground for the project.
The event marked the launch of Le Meridien Penang Airport and Rackson’s Avion Serviced Apartments.
It was officiated by Chief Minister Chow Kon Yeow and attended by Human Resources Minister Steven Sim Chee Keong.
Lor said the Le Meridien Penang Airport hotel would redefine luxury hospitality with 200 rooms, including presidential suites, a 300 person-capacity ballroom, a sky infinity pool, all-day dining outlets, and world-class amenities designed for business and leisure travellers.
Meanwhile, Rackson’s Avion Serviced Apartments will feature 608 meticulously designed units with one, two, and three-bedroom configurations to suit diverse needs.
The project, designed as a transit-oriented development, will offer seamless connectivity to PIA, the upcoming light rail transit station, and the Mitsui Outlet Park, making it an attractive proposition for both residents and investors. — Bernama
