If the Shigar Valley is the crown of the Karakorums, the Palace Residence is certainly its centre-piece. Also known as Fong-Khar, or the Palace on the Rock, the site has been restored by Aga Khan Cultural Service Pakistan (AKCSP-P). It is indeed a unique site in the middle of an oasis; a cultural heritage guesthouse where you experience a rugged 17th Century version of luxury, painstakingly restored to the original, though equipped with all the modern amenities and services of a good hotel.