Key Features
Luxury serviced-apartment building with fully furnished apartments in the very heart of Kuala Lumpur City Centre
Just a short 5-minute stroll to the Petronas Towers and KLCC Park
Renowned & proven development team; CapitaLand & Zelan Dev
80% LTV mortgages available to non-resident foreign investors
Freehold ownership of luxuriously furnished 1-bed to 4-bed apartments, enabling investment from only £17k cash + purchase costs
Regional yields for this standard at 8%, cash-flow positive investing at 70% LTV
A robust economy; unemployment below 4%, increasing wages, low interest rates, low inflation, small external debt & GDP growth over 5.5%
Description
Kuala Lumpur, a flourishing high-tech and financial centre with a healthy infrastructure is one of Malaysiaâ??s most revered investment locations, where demand is currently outstripping supply by as much as 44%. Strategically situated at the heart of KL, the Hampshire Residences provide the perfect luxury accommodation in the cityâ??s prime location. Delivered fully furnished with all modern trimmings, comfortable sized apartments, stunning views and 5 star facilities, the Hampshire Residence will provide the ideal residence for tourists, families and businessmen alike. Thanks to the 80& LTV mortgages available, purchasers can invest in a fully furnished 1 bed apartment with as little as £17k cash.
Location
The Hampshire Residence is hidden in a beautiful tree-lined area providing a comfortable retreat in the middle of the hustling city. Adjacent to world class shopping malls, fine restaurants and entertainment hotspots the resort enjoys a prime location inside the financial and business hub and is close to main hotels, embassies and international schools. It is only 200m from KLCC Light Rail Station so access into and out of the city centre is straightforward. With a population of 24m, urbanisation occurring at a rate of 10% per annum and real estate prices far lower than other South East Asian counterparts, the Malaysian property market offers tantalising investment opportunities. This, coupled with low interest rates, increasing wages, longer repayment periods from mortgage lenders, and the highest affordability for ten years, underscores Malaysiaâ??s investment potential. Malaysia is also economically robust, with unemployment below 4%, GDP over 5.5% for the past 3 years, an educated multilingual workforce and a well-developed infrastructure. What is more, Malaysia is one of the largest recipients of FDI among developing countries and is enjoying increased popularity as a tourist destination thanks to the diversity of its landscape which offers stunning natural beauty, bustling nightlife, thick jungle and heavenly beaches.
Properties
For time-out leisure, to relax and re-charge, the Hampshire Residence provides the perfect city centre retreat. Overlooking the stunning skyline of KL city centre and the Petronas Twin Tower, Hampshire Residence is a serene haven located in a lush, woody enclave of tree-lined streets. Among its extensive leisure facilities, are a beautifully landscaped garden complete with water features, swimming pools, poolside BBQ area, sauna, jacuzzi and gymnasium. With stylish spaces designed to compliment contemporary lifestyles, practical layouts combine with premium finishing and designer fittings. All apartments have balconies and 2 bed apartments also have separate dining, living and study areas. 1-beds through to top floor luxury 4-bed apartments are available.
Prices
1 Bedroom Apartments - 753 sqftâ??70sqm - £85000
2 Bedroom Apartments - 1270 sqftâ??120sqm - £130000
3 Bedroom Apartments - 1905 sqftâ??178sqm - £200000
4 Bedroom Apartments - 2959 sqftâ??274sqm - £290000
Payment Schedule
MYR 20k (£3k) holding deposit
10% reservation deposit
20% payment on schedule
70% LTV mortgage
Completion 3rd quarter 2008.