Monday, July 14, 2008

Kuala Lumpur Property: Something for Everyone

Author: David Stanley Redfern Ltd

Article:
The Malaysian property market is one of the strongest in the
world; a semi-mature market with plenty of room for growth. The
government has gone to incredible lengths to encourage
investment ��" automatically granting residency to any
foreigner who buys property; abolishing capital gains tax and
offering other tax incentives. And as Malaysia is an ex-British
colony, finance is readily available and all paperwork is in
English.
Property is expected to grow by no less than 15 percent per year
over the coming years and rental yields of 8-10 percent can be
expected. The city itself has grown from the humble beginnings
of an 1850’s tin-mining centre to a core of economic activity,
with a market capitalisation of around $319 billion. Crammed
with corporations and multinationals, Kuala Lumpur is the
fastest growing metropolitan area in the country, both in terms
of population and economy. The thousands of employees that move
to Kuala Lumpur each year need quality rental accommodation.

The tourism sector also plays an important part in Kuala
Lumpur’s burgeoning economy. Medical tourists flood in to take
advantage of the city’s advanced health services, while
conference tourism has also expanded in recent years and is fast
becoming an important component of the industry.

Others come to shop as the city develops into an international
shopping destination home to mega malls and global brands. Then
there’s the architecture; the arts; the cultural sites and
landmarks; the parks; the food; the nightlife. Thousands of
tourists visit each year and these tourists also need quality
rental accommodation.

David Stanley Redfern Ltd currently have two properties in Kuala
Lumpur. Their Vivaldi property is a new off-plan condominium in
Mont Kiara. It offers high end resort living with ultra modern
facilities and all the conveniences of being in an urban
location. Every apartment has its own private lift access, and
each block its own private lobby. Every resident can enjoy the
comprehensive clubhouse; the cantilevered gym and swimming pool;
the cascading waterfall; the open-plan spaces. Vivaldi
apartments are available from £362,000.

DSR's second property is The Crest. Situated in Jalan Sultan
Ismail The Crest it is a five minute walk from Kula Lumpur city
centre and the world’s tallest twin buildings, the Petronas
Twin Towers. CIMB Bank can provide 70 percent of the finance
secured over the Crest property itself, rather than the
borrowers existing assets. And as the bank is shouldering the
risk, due diligence is being exhausted on every aspect of this
project ��" from its commercial viability to the
construction and operational plans. Only 7 units are available
at this time, ranging in price from £165k to £205k.
Find out more about Malaysian property
media@davidstanleyredfern.com
About the author:
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas
property investment specialists. The reasons for this are an
incomparable range of international properties spanning 40
destinations worldwide, and unrivalled customer care, which
lasts long after the purchase has been completed.

Iskandar Development Region - A Boost for Johor Tourism

Author: Chai Yong

Article:
Iskandar Development Region, previously known as South Johor
Development Region, is a joint effort by the Johor State of
Malaysia and the Federal Government of Malaysia to boost the
Johor state's overall development. The region upon completion is
expected to be on par with Shenzhen or Hong Kong of China.

It covers an area of 221,634 ha which is 3 times the size of
Singapore. It includes District of Johor Bahru, Mukim Jeram
Batu, Mukim Sungai Karang, Mukim Serkat, Pulau Kukup and Mukim
Ayer Masin.

Iskandar Development Region stretches from Johor Bahru to
Senai/Kulai at the north, Port of Tanjung Pelepas at the west
and Pasir Gudang at the east. It is divided into 5 zones i.e.
(i) Johor Bahru city (ii) Western Development Corridor including
Tanjung Pelepas and Gelang Patah (iv) Eastern Development Region
including Johor Port, Pasir Gudang and Tanjung Langsat and (v)
Senai-Kulai.

The Comprehensive Development Plan for the Iskandar Development
Region was drawn by the Khazanah Nasional Bhd. It aims to
transform the southern part of the state of Johor including some
backwater areas into an international metropolis. This region is
set to become an important industrial, logistical and commercial
centre with industrial facilities dealing with electronic,
petrochemical, refinery and shipbuilding.

Based on the statistics, in 2005 the Iskandar Development Region
has a population of 1.4 million. It is projected to have a
population of 3 million by the Year 2025. Gross Domestic Product
for the Year 2005 is RM20 billion. This figure will be pushed up
to RM93.3 billion by Year 2025.

Iskandar Development Region stretches along the Strait of Johor
covering coastal lands, swamp lands and rivers. Most of these
areas can be developed into tourist spots.

The existing tourist spots in the Iskandar Development Region
are historical sites within Johor Bahru City, Danga Bay, Kukup
and Kukup Island, Tanjung Piai, ZON Ferry Terminal, Tanjung
Langsat etc.

Kukup Island is a RAMSAR site and it has the world largest
uninhabited mangrove. Various species of flora and fauna
flourish on the island. Nature lovers will come to this region
and appreciate the uniqueness of this place.

Tanjung Piai is another mangrove near to Kukup and is the
southernmost tip of Asia continent. Long-tailed macaque with
white eyebrow can be found on the tree tops here.

Visitos depart and arrive at ZON Ferry Terminal by sea from
Batam, Bintan and Tanjung Belungkor, Johor. The ZON Ferry
Terminal has been developed into a one stop tourist centre
complete with a hotel, a shopping centre, a huge karaoke centre
etc. It is a duty free zone where goods bought here are exempt
from taxes.

Danga Bay is being developed by Ecovest Bhd. It is a mixed
development comprising of shops, condominiums, theme parks,
marina etc. It has a female market which follows the concept of
female market in Hong Kong.

There is an international airport, Senai International Airport
at Senai. Senai is an industrial area with factories set up by
foreign investors. It will be developed into an international
cargo hub under the Iskandar Development Region. Beside serving
cargo industry, Senai International Airport also serves as the
entry point for visitors from all over the world into this
region.

With the influx of investment from all over the world into
Iskandar Development Region, tourism industry will not be
forgotten by the Johor State government. Currently, there are
middle-east investors proposing to develop theme parks at
Nusajaya.

A company under Berjaya Group, Central Malaysian Properties Sdn
Bhd has acquired the Waterfront Floating City and has changed
its name to Lido Boulevard. It will be a mixed residential and
commercial development. The special feature of this development
is that most of the structures are constructed above the sea and
supported by piles. This development has stirred much
controversy among the locals as it occupies the seafront facing
Singapore, in a way blocking and spoiling the sea view whereas
there are plenty of inner lands that can be used for development.

Malaysia is now facing an upward surge of fuel price,
construction material price and commodity price. Inevitably, the
pace of developemnt of Iskandar Development Region is now being
hampered. Barring unforeseen circumstances in the future, as
long as the national leaders stick to their commitments,
Iskandar Development Region will be one of the successful mega
project in Malaysia.

This article is written by Chai Yong from
http://www.temasekmap.com which is about an ebook "Travel Guide
of Singapore Batam Bintan Johor" and related maps.

About the author:
Chai Yong is a part time netpreneur. He likes to travel and
enjoy photographing. Currently he is operating 2 websites i.e.
(i) www.temasekmap.com which is about an ebook "Travel Guide of
Singapore Batam Bintan Johor" and related maps and (ii)
www.window-safety-lock.com which is about a keyless window lock.

Malaysia Wellness Retreats

Author: Richard Rspad

Article:
Much of Asia is a tropical and travel delight given the
beautiful scenery and cheap prices. A Malaysia wellness retreat
is a tremendous experience everyone should try.

Malaysia Wellness Retreats

If you're traveling in Asia, you might be looking for a great
place to relax and rest from your vacation. A Malaysia wellness
retreat might just be the thing you're looking for. Many of the
world's greatest rejuvenation clinics are located in Malaysia or
the countries surrounding, and these retreats all cater to the
world traveler.

One such Malaysia wellness retreat is the Berjaya Langkawi Beach
Resort, located in Burau Bay, Malaysia. This retreat, open since
1987, has long been considered a tropical holiday paradise as
well as a great rejuvenation destination. The Berjaya Lankawi
Resort offers 388 rooms, which are housed in Malaysian-style
chalets and suites, spread over 70 acres of land. The
rejuvenation clinic itself is the first complete retreat
situated on the island of Langkawi, and it offers a complete
range of services to its guests.

Another Malaysia wellness retreat located on the island of
Langkawi in Malaysia is The Datai. This destination, which is
situated at the northwestern tip of Langkawi, has won many
awards for its relaxation and rejuvenation services, including
being named the seventh best retreat (in the top 25) as voted on
by Conde Nast Traveler readers. It offers such exotic items as
their body elixir, beauty rituals (these include Shirodhara, a
mind and body treatment with hot oil drip), and facials and
other beauty remedies using products from Decleor.

A third Malaysia wellness retreat is the Gem Wellness Island
Resort. This resort is located on a private island (the only one
in Malaysia), and there is only one rejuvenation clinic on the
island. The private island of Marang is located in Terengganu,
Malaysia, which has its own airport and is easily accessible.
The spa at the Gem Resort is named Tusita, and it offers an
array of different "therapies", including traditional Malay
treatments and oil therapies. There are even packages that
include snorkeling and scuba experiences on the resort as well.

No matter which Malaysia wellness retreat you choose to visit,
you'll find the atmosphere relaxing, healing and exotic. Combine
your treatments with water activities and traditional Malaysian
events, and you'll definitely have a trip to remember. Malaysia
is often frequented by English speaking people, so you'll have
no problem communicating. That is, if you even feel like talking
after enjoying your relaxing treatments here in paradise!

About the author:
Richard Rspad is with ResortSpaDestinations.com - reviews and
articles on http://www.resortspadestinations.com/resorts">resorts.
Visit us to read http://www.resortspadestinations.com/spa"
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