GLENEAGLES MEDICAL CENTRE

250 beds and 6 Operating Theatres 152 units Small office Home office (SoHo) 247 retail lots – 118,350 sq ft 124,408 sq ft office suites

Challenges
• High infrastructure cost
• High capital cost and slow return of investment. Not attractive to financier
• Finding reputable Hospital Operator

Enablers Required to make it happen
• Facilitation fund to cover part of infrastructure cost
• State Government support to the Hospital Project
• Creative development mix with commercial components for sale to partly finance the Hospital cost

Key outcome / benefit of this project
• Availability of a reliable and reputable Medical Centre in Kota Kinabalu. The local Sabahans need not fly to Kuala Lumpur and Singapore for critical treatment
• Contribute to the State economy via medical tourism
• Creating business opportunities, property appreciation to investors and substantial job creation