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Golden Land Berhad and Maple Hospitality Group partner to enhance Sabah's short-term accommodation landscape
๐Ÿ‡ฒ๐Ÿ‡พ Malaysia /Health & Science

Golden Land Berhad and Maple Hospitality Group partner to enhance Sabah's short-term accommodation landscape

From Utusan Malaysia · () Malay

Translated from Malay, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Golden Land Berhad (GLB) has partnered with Maple Hospitality Group (MHG) to launch the MapleSuites brand in Sabah.
  • This collaboration introduces The Playground @ Kota Kinabalu, a new lifestyle-focused short-term accommodation development.
  • The project aims to enhance GLB's presence in East Malaysia and meet growing demand for urban short-term stays.

Golden Land Berhad (GLB) is set to strengthen its presence in East Malaysia through a strategic memorandum of understanding (MoU) with Maple Hospitality Group (MHG). This partnership will exclusively introduce the MapleSuites brand in Sabah via GLB's latest development, The Playground @ Kota Kinabalu. This project marks the sole development in Sabah to operate under the MapleSuites brand, positioning it as a premier lifestyle-oriented short-term accommodation destination in the state. The Playground @ Kota Kinabalu integrates modern living spaces, short-term lodging, lifestyle experiences, and long-term investment value. Stewart Yap, CEO of GLB, highlighted the MoU as a significant step in bolstering the group's footprint in Sabah and East Malaysia. He emphasized that The Playground @ Kota Kinabalu is conceived not merely as a conventional property project but as a development that weaves together cultural elements, lifestyle, short-term stays, and enduring value creation. "The Playground @ Kota Kinabalu reflects our aspiration to create a development that transcends conventional real estate by integrating culture, lifestyle, short-term accommodation, and long-term value creation," Yap stated. He added that partnering with a robust short-term operator like MHG enhances the long-term value proposition of their Sabah assets. The development is designed to cater to the increasing demand for urban short-term accommodation, support the growth of tourism and business travel, and attract investor interest in serviced residences. GLB, established in Sabah in 1982, has diversified from its initial logging operations into plantations and, since 2016, into property development, with projects including Midtown Plaza Sandakan.

The Playground @ Kota Kinabalu reflects our aspiration to create a development that transcends conventional real estate by integrating culture, lifestyle, short-term accommodation, and long-term value creation.

โ€” Stewart YapCEO of Golden Land Berhad, discussing the vision for The Playground @ Kota Kinabalu.
DistantNews Editorial

Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.