Malaysian Builder Bets Big on Bintan Amid Potential Supply Glut

  • Landmarks to build 338-hectare resort on island off Singapore
  • Island to add more hotel rooms to boost visitor numbers

Malaysian developer Landmarks Bhd. is planning to build a 338-hectare (835-acre) resort on Bintan, a weekend gateway island in the Indonesian archipelago off Singapore, adding to a potential oversupply of hotels as visitor numbers and room rates decline.

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