The TUNE GROUP is set for TUNE Properties’ first project in a venture into the retail space with its involvement in Harbour Place in Klang. A development by Chestar Properties Sdn Bhd, Harbour Place comprises a shopping mall and office suite tower with a gross development value of RM420 million and is set to open in the fourth quarter of this year.
In line with the TUNE Group’s business philosophy that is to “serve the underserved”, Datuk Tony Fernandes, founder of TUNE Group, says that Harbour Place will reach out to the ripe yet sorely under-retailed market of Klang and its surroundings, which currently has a population of more than 1.2 million. He shares that with the new low cost carrier terminal just half an hour away from Klang, there are plans to shuttle transit travellers to Harbour Place, or even arrange for day tours for tourists making stopovers.
Kenny Chin, general manager of Chestar Properties says that TUNE’s endeavours with Harbour Place as a gazetted tourist destination by the Ministry of Tourism, will boost the development of Klang. “TUNE’s interest and association with Harbour Place further validates Chestar Properties’ efforts to bring about an iconic landmark in Klang.”
Datuk Kamarudin Meranun, the other founder of TUNE Group, holds 63 per cent of Chestar Properties Sdn. Bhd.