Date post: | 13-Jul-2015 |
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Real Estate |
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Why Own A Beach Front Residence??
• FREEHOLD
• Turn RM10K to RM1million in High Growth Melaka
• Potential Capital Gain of Beach Front Residence
• Fully Furnished with Full Hotel Facilities
• Positive Monthly Cash Flow
• 15 years of Guaranteed Rental Arrangement(Optional)
• FREE SPA Legal Fees
• FREE Maintenance Fees
• FREE 7 Days Hotel Stay
• FREE One Car Park
LOCATION
Genting Rainforest Sanctuary
Boutique Bungalows
Pavana Residence
KLCC
Surian Tropika
Semi-Detached House
Cheras South Selangor
KLIA
INFO SHEET
Developer Quantum Metro Development Sdn Bhd
Proposed Project Name Pavana Residence
Location Lot 1260, Jalan Lama Balik Bukit,Mukim Tangga Batu, 76400 Melaka Tengah, Melaka.
Land Area 6.081 acres
Land Title Commercial, Freehold
Development contents • 2 Block of 25 Storey Residence Suites - Studio Suite – 396 units - 2 Room Suites – 238 units - Penthouse – 2 units • 5 Level Car Park Podium • 1 Block Hotel • Water Park
ID Package Fully Furnished
Expected Official Launching Date MID 2014
Expected Completion Date 36 Months from Date of SPA
Schedule of Payment As per schedule H of HDA
INFO SHEET
HOTEL
Car Parks Reception / Conceige Business Centre Specialty Restaurant Deck Restaurant Hotel Rooms Pre-Function Area Grand Ballroom Function Rooms CCTV 24 Hours Security
RESIDENCE SUITES
Studio Suite 396 units 2 Room Suite 238 units Penthouse 2 units Parking Bay CCTV 24 Hours Security BBQ Pits Jacuzzi Infinity Pool Games Room Kids Play Room SPA Restaurant
FACILITIES, AMENITIES & SERVICES
Water Park - “The Whale” Interactive Pool - “Baby Whale” Interactive Pool - Slide Corner - Water Fall Feature Tally Match Facilities Team Building Facilities Water Sport Activity
INVESTMENT SCHEME
TYPE ROOM TYPE SM LIST PRICE
Standard Suite A & A1, A2 Family Suite B, B1, B2 & B3
Studio 2 Bedrooms
36 60
RM275,600 – RM307,500 (Sea View) RM270,100 – RM302,000 (Water Park View) RM441,800 – RM500,800 (Sea View) RM436,400 – RM496,400 (Water Park View)
Family Suite C, C1 & C2
2 Bedrooms
72
RM524,100 – RM572,800 (Sea View) RM513,500 – RM562,200 (Water Park View)
Car Park Podium/Facilities – Level 1-5 Residence Level – Level 6-25
INVESTMENT SCHEME
Payment Scheme • 10% upon Signing SPA & Supplementary Agreement • Progress Payments
Lease Back (Optional)
• Tenure for 6 years (3+3) will be net 6.0% per annum • Second Extended Term 6 years (3+3) net 7% per annum • Further Extended Term 3years (3) net 8.0% per annum • Free Maintenance Fee (RM0.20 cents per sq. ft.) • Purchasers to bear sinking fund (RM0.02 cents per sq. ft.),
Insurance, Assessment, Quit Rent
Refurbishment • at the commencement of the Second Extended Term pay to the Company a sum not exceeding five percent (5%) of the Agreed Sum and
• at the commencement of the Fourth Extended Term pay to the Company a sum not exceeding eight percent (8%) of the Agreed Sum
Owners’ Privilege Card
• 7 days stay per annum at non-peak periods • 20% discount for all room rates & F&B • Free parking • Free use of water park facilities • One privilege card per unit only
INVESTMENT SCHEME
WHAT YOU PAY
From RM270,000.00 (Studio Unit) / OR From RM440,000.00 (Family Unit)
Sinking Fund } @RM0 02psf estimate from RM8-RM15 per month per unit
Yearly Fire Insurance }
Yearly Quit Rent } estimate @RM500 /year for studio &RM1200 /year for 2 Bedrooms.
Biyearly Assessment }
WHAT YOU GET
1 unit Freehold Fully Furnished Apartment
1 unit Car Park
Free Maintenance Fee (under Management Company)
Rental Return of 6.0% per annum
7 Days Stay Per Annum
Owner’s Privilege Card – Entitled you to 20% discount off Room Rates and 20% of F&B Bills.
Free Legal Fees on SPA
WHY INVEST IN MELAKA
Tourism contributes approximately 70% of Melaka economy.
Strong support and promotion by the government.
Get close to RM500 million from the ministry to boost tourism industry.
Number of tourists risen significantly since Melaka was declared a World Heritage Site in July 2008.
Record revenue of RM160 mil in tourist expenditure every week.
INVESTMENT SCHEME
Type Unit STANDARD UNIT FAMILY UNIT
Purchase Price RM275,600 RM441,700
Booking Fee RM10,000 RM10,000
Upon signing S&P (Bal. 1st 10%)
RM17,560 RM34,170
Balance 90% According to progressive payment or taking bank loan
According to progressive payment or taking bank loan
Loan Percentage (%) assuming 60% 60%
Loan Amount (RM) say 4.2% RM165,000 RM265,000
Year of Tenure Loan installment (RM)
15 1,238.00 1,987.00
20 1,018.00 1,634.00
25 890.00 1,428.00
30 807.00 1,295.00
Return @ 6% p.a. per month 1,378.00
2,208.00
WHY INVEST IN MELAKA
0
2
4
6
8
10
12
14
4.7 5.1
6.0
7.2
8.9
10.4
12.1
13.7
2.2 2.6 3.0
3.8 4.5
5.0
7.06
8.3
TOURISTS ARRIVAL & RECEIPTS IN MELAKA
Arrival to Melaka (Million) Receipts (RM Billion)
2005 2006 2007 2008 2009
Source: Tourism Melaka
2010 2011 2012
COMPETITORS Property Tenure Built-Up area (Sq. Ft.)
Selling Price Price per Sq. Ft. Remarks
Hatten Square L/H Type A : 408 sqft Type B: 361 sqft Type C: 664 sqft 807 sqft
RM 480,000
RM 433,000
RM 760,000 RM916,000 RM980,000
RM 1176 psf
RM 1200 psf
RM 1144 psf RM 1380 psf RM 1214 psf
Fully furnished with lease back guarantee
Hatten City
L/H Type A (1 room): 435 sqft 515 sqft
Type B (2 rooms): 767 sqft
Type C (3 rooms): 1,140sqft
RM325,000 RM385,000
RM520,000
RM650,000
RM 747 psf RM747 psf
RM677 psf
RM570 psf
Unfurnished without lease back guarantee
The Heritage L/H 2 Bedrooms Apartment a. 647 sqft b. 822 sqft Studio Room a. 220 sqft b. 300 sqft
Studio Room with Kitchenette a. 270 sqft b. 560 sqft
Business Suite a. 251 sqft b. 300 sqft
RM 783,520 RM 900,000
RM 260,000 RM 330,000
RM 340,000 RM 433,000
RM 310,000 RM 351,000
RM 1211 psf RM 1094 psf
RM 1181 psf RM 1100 psf
RM 1259 psf RM 773 psf
RM 1235 psf RM 1170 psf
Fully furnished with lease back guarantee
COMPETITORS
Property Tenure Built-Up area (Sq. Ft.)
Selling Price Price per Sq. Ft. Remarks
The Straits L/H Single bay: 320 sqft
Double bay: 678 sqft
Triple bay: 1033 sqft
From RM236,000
From RM 450,100
From RM 690,200
RM 737 psf
RM 663 psf
RM 668 psf
Fully furnished with lease back guarantee
The Wave L/H
593 units
From 645 sqft – 2,055 sqft
From RM427,250 –
RM 1.4 M
From RM650 psf
Partially Furnished
99 Residence F/H
From 334 sqft – 987 sqft
From RM290,000
From RM868 psf
Furnished & Leaseback
Pavana Residence F/H Studio Type A:
400sqft 2-Bedroom Type B :
678 sqft 2-Bedroom Type C:
818 sqft
RM270,100
RM436,300
RM513,500
RM675 psf
RM643 psf
RM627 psf
Fully furnished
Special Promotion – 5 units Only
•Book Now Only RM10000
•For Booking or Viewing of Show Room, please call Marketing Director Raymond, 0123732712