THE RUMA HOTEL & RESIDENCES
The Ruma Hotel & Residences launched in March 2013 by Urban DNA Sdn Bhd, a joint development between Ireka Berhad and Aseans Properties Ltd. It is located on Jalan Kia Peng (formerly TOP Hat Restaurant), a short walk to the Pavilion Mall (Bukit Bintang) and also Petronas Twin Towers as well as the KLCC Park.
The developments comes in 2 components:
Hotel Suites comprises of 253 units from level 6 to 18, will be managed by Urban Resort Concept (URC) who currently manages The PULI Hotel in Shanghai. Size of the hotel starts from 441sf up to 1,066sf for the Presidential Suite. The Hotel Suite purchaser will sign a leaseback agreement with the developer for 10 years. First 5 years will be capped at 6% return and subsequent 5 years will be on profit sharing called Nett Rental Distribution Income.
The Residences - starts from Level 19 to 37 with 200 units of apartments and unit size starts from 915sf, 980sf, 1,356sf and 1,830sf. Penthouse will come in 3,000sf and above. It will be fitted with quality kitchenette & air-conditioners.
Each component will have their facilities which includes a Swimming Pool, Gymnasium, Changing Room, Sun Deck & Muilti- Purpose Room.
Slated for completion in 1st Quarter 2017.