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(From Business Times (Malaysia))
Byline: Vasantha Ganesan
DATUK Seri Syed Yusof Syed Nasir has bought a prime piece of land by the Malacca River where he will build an international class accommodation - Casa del Rio Hotel and the Casa del Rio Suites.
Syed Yusof's company Casa del Rio Sdn Bhd bought 1.3ha of land near Jonker Street to develop a 45-room boutique hotel and 50 to 60 units of exclusive service suites. "The land is located on Jonker Street at the mouth of the river. This is the best location to get ... it is the last parcel of prime land by the Malacca River," Syed Yusof told Business Times.
He estimates that development of the …