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Transactions - AUGUST 12, 2020

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Hatten Land secures new strategic investor for Harbour City Project in Melaka in a $323m transaction

by Released

Hatten Land has signed an agreement with Tayrona Capital relating to the Harbour City project in Melaka, a coastal state in southwestern Malaysia. The project, which is held under Gold Mart Sdn. Bhd., received $323 million in the transaction.

Incorporating elements of retail, hospitality and entertainment within an integrated mixed development, Harbour City aims to transform Melaka’s tourism and entertainment landscape. The marine-themed mixed development comprises the thematic Harbour City Mall, Melaka’s largest “Sky” water theme park of 500,000 square feet as well as a luxury hotel.

As a UNESCO World Heritage Site, Melaka is Malaysia’s second-most visited destination after Kuala Lumpur, and having been rated among Lonely Planet’s Top 10 must-visit destinations in the world.

Tayrona Capital is part of the Tayrona group of companies headquartered in Singapore. Tayrona group is in the business of hospitality and investment, and Tayrona Capital plans

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