Apartments in Kuala Lumpur, Malaysia

3-bed apartments from £178,600

iZen at Tiffani,
Kuala Lumpur,
Malaysia

1 Bed Apartments from £60,000

2 Bed Apartments from £82,500

3 Bed Apartments from £120,000

  • Invest from only £35k cash plus purchase costs for a FULLY-FURNISHED 2257 sqft 3- bed apar
  • 80% LTV, 20 yr mortgages are available for non-resident foreigners at a rate of 6.25% (sub
  • Fully managed, hands-free investment with current market yields between 7-9% per annum
  • World class project team—Ireka, CapitaLand & i-Zen Hospitality Management
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Investment Prospectus
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Summary
  • Invest from only £35k cash plus purchase costs for a FULLY-FURNISHED 2257 sqft 3- bed apar
  • 80% LTV, 20 yr mortgages are available for non-resident foreigners at a rate of 6.25% (sub
  • Fully managed, hands-free investment with current market yields between 7-9% per annum
  • World class project team—Ireka, CapitaLand & i-Zen Hospitality Management
  • Provides freehold ownership even to foreign investors
  • All i-Zen@Tiffani apartments provide the ultimate in luxurious living, with 5 star recreat
  • Annualised return on cash invested at current growth and yields is 60%
  • GDP growth rate in 2006 was 5.8%
  • With current yields, this would be cash-flow positive with a 70% LTV mortgage
  • Mont' Kiara has an increasingly affluent population and is located 10 mins from the CBD.
  • Thorough legal diligence completed; secure contracts & ownership structure
  • Urbanisation rates are very high, with the urban community set to increase by 4.5m over ne

Description

 The abolition of Capital Gains Tax from 30% in Malaysia this April has created an uncontrollable surge in demand within Malaysia's real estate market as investors are now able to realise full profit from the rapid market appreciation. With half of the 24m population aged under 27 years, urbanisation occurring at 10% per annum, supply estimated at 44% of current demand, a ten-year affordability high, low interest rates and increasing wages, Malaysia is one of the strongest markets to consider for investment. With enormous demand from China, Malaysia's high-tech industry is going from strength to strength and the economy is booming; with unemployment now below 4%, GDP over 5.5% for past 3 years and consumer confidence sustained near 10%. Combine all this with fantastic mortgage opportunities available to nonresident foreign investors and this makes Malaysia probably THE most attractive global investor's market. Top

Location

 With a population of 24m (half of which are under 27 yrs of age), with urbanisation occurring at an alarming rate of 10% per annum, and with supply estimated at 44% of current demand, the Malaysia property market is an exciting place to be right now. Add to this a ten-year high for affordability, low interest rates, mortgage lenders providing longer repayment periods and with wages increasing, indicators for profitable investment abound. Economically Malaysia is also robust, with unemployment now below 4%, GDP has been over 5.5% for past 3 years and consumer confidence sustained near 10%. 10 minutes from the CBD, Mont' Kiara combines the most highly desirable and affluent international community in KL with the prime region for international business development. A crucial location for communication, with quick access to central business regions, Mont' Kiara is also the most popular with Japanese, Korean, American and British business people. Top

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Property

 Nestled in the exclusive Mont' Kiara lies your own piece of paradise. i-Zen @ Tiffani brings simplistic elegance in its design principles from two award-winning interior designers, using porcelain, marble, timber and tile. With state-of-the-art appliances, broadband, satellite, multimedia and the latest security features, apartments are to the highest specification. Fully fitted kitchens & each bedroom provided with walk-in wardrobes for luxury living. Each 3-bed apartment is provided with TWO car park bays. For relaxation, a clubhouse and a 4000sqft landscaped garden retreat 'The Sanctuary' allow tenants to unwind. A state-of-the-art gymnasium, internal pool, yoga room, squash courts, tennis courts and an infinity-edge sky pool on the 27th floor. Top

Amenities

  • Apartment
  • Townhouse

Payment Schedule

  • MYR20,000 (~£3k) holding deposit required immediately
  • 20% (less holding deposit) payable after signing SPA (30 days)
  • Deferred payment schedule until completion (Jul 09)

Gallery

Floor Plans

Site Plan

  • 3 Bed, 3 Bath
  • 3 Bed, 2 Bath
  • 4th Floor Plan
  • Location Site
  • 2 Bed, 2 Bath
                                                               (Click Image to enlarge)

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