KUALA LUMPUR, 8 JUNE 2026 – Radium Development Berhad (“Radium” or the “Group”) today unveiled The FACE Chancery Hotel, the branded hospitality component of its mixed-use development, Chancery – marking the Group’s first venture into the hospitality sector.
The hotel represents a RM135 million investment, of which RM109.3 million had been earmarked from Radium’s 2023 public listing proceeds, and forms part of the Group’s strategy to build recurring income alongside its core property business.
Slated to open in 2028, the hotel will occupy Levels 10 to 14 of the 51-storey tower, with 145 rooms across Super King, Queen, accessible, and connecting configurations. The operations of the hotel are anticipated to stabilise by the third year of operation, with a projected occupancy rate of 55% to 65% (for the first 3 years). It is projected to generate annual revenue of approximately RM20 million (by the 3rd year).
Datuk Gary Gan Kah Siong, Group Managing Director of Radium Development Berhad, said: “Chancery was always conceived as more than a residential address. The hotel brings in a different demand cycle – corporate travellers, tourists, and extended-stay guests – and that activity strengthens the overall development. For Radium, it also marks a deliberate shift toward building recurring income that complements our property business over the long term.”
Filling a Gap in Ampang’s Hospitality Market
Ampang sits on Kuala Lumpur’s Embassy Row and has grown steadily as a residential and commercial address, yet branded hotel options in the corridor remain limited. The FACE Chancery Hotel steps into that gap with a clear, well-defined offer.
The 4-star hotel will feature an all-day dining restaurant, poolside dining, an infinity-edge pool, a gymnasium, and meeting rooms. Rooms are intentionally larger than the city hotel norm – built to serve corporate guests, long-stay visitors, and leisure travellers who need more space and flexibility than a standard room allows. Guests will also benefit from digital check-in, smart in-room controls, and in-room hot and cold water dispensers, the latter designed to reduce reliance on single-use plastic.
To be operated by Radium’s subsidiary, Tradisi Emas Sdn Bhd, the Group has appointed The FACE Hospitality as the hotel consultancy partner for this venture. Their role spans the full development journey – from brand positioning and design planning through to operational flow and market alignment. With a strong track record in Kuala Lumpur’s hospitality scene and an existing loyal customer base, The FACE Hospitality brings both the expertise and the brand equity that a first hospitality venture demands.
This partnership was equally driven by a clear market signal. The FACE Hospitality’s existing properties in Kuala Lumpur are currently experiencing strong demand – a reflection of the brand’s established pull and the city’s appetite for quality hospitality. For Radium, this presented a timely and compelling business opportunity: to bring a proven, in-demand brand into Chancery as part of its first hospitality venture, rather than building brand recognition from the ground up.
Mr. Jason S’ng, Cluster General Manager of The FACE Hospitality, said: “The FACE Chancery Hotel is not just another development – it represents a bold and calculated entry into one of the most competitive segments of real estate. Situated in the dynamic Ampang corridor, this project is well-positioned to capture both business and leisure demand within Kuala Lumpur. We are not just advising on a development. We are shaping its identity, defining its market position, and together with Radium, laying the foundation for long-term success.”
Built for a City That Never Sleeps
Kuala Lumpur runs around the clock – and Chancery was built for exactly that reality. Each component of the development serves a distinct purpose, yet together they function as a single, self-sustaining urban address. The hybrid SOHO units offer the flexibility to work from home or operate as a business address – serving owner-occupiers, entrepreneurs, and remote workers alike.
The FACE Chancery Hotel, in the meantime, brings hospitality services, including food and beverage offerings, directly into the development, creating added convenience and vibrancy for residents and guests alike. This hospitality component complements the broader vision of Chancery as a well-connected destination where living, working and leisure experiences come together seamlessly. Additionally, a 10,000 sq. ft. lifestyle park anchors the community at ground level, providing a welcoming shared space for residents and visitors to gather and unwind.
Chancery is also a pet-friendly development – an increasingly important consideration for today’s urban buyer, for whom lifestyle and community feel are just as relevant as price and location.
The development sits approximately 500 metres from the proposed MRT 3 Tasik Ampang Station. When completed, the rail link will strengthen connectivity for residents, hotel guests, and retail visitors – widening the catchment and reinforcing Chancery’s growing relevance as an urban destination in its own right.
Chancery is scheduled for completion in Q1 2028, with The FACE Chancery Hotel targeted to open in 2028.
