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The Tropical Cluster Village in the heart of the Sepang Goldcoast
The Tropical Cluster Village is situated in the heart of the Sepang Goldcoast in Malaysia. With its unique combination of Malaysian and Tropical elements and modern contemporary design, The Tropical Cluster Village offers a casual yet luxurious lifestyle .
The Tropical Cluster Village comprises of apartments and penthouses set within three acres of land. The properties range from studios to Penthouses which will include a private swimming pool and open lanai. All units will have either direct access to the pool or a Jacuzzi.
11 Reasons to Invest in Tropical Cluster Village
- Boasts an ideal location at the heart of the Sepang Goldcoast
- Fully-furnished
- 10 years leaseback scheme
- 8% NET guaranteed rental for 2 years
- FREE stay - 14 days annually (leaseback only)
- Managed by international hotel operator
- Just 30% deposit (in three stage payments)
- 70% financing available
- The 1st phase has already seen 3 price rises and over 62% ROI to date
- Malaysia is achieving capital growth in the region of 15-20% p.a.
- Zero Capital Gain Tax
Located in the heart of Sepang Walk
The Tropical Cluster Village is close to the base of the Golden Palm Tree resort and situated in the heart of Sepang Walk on the Sepang Gold Coast, set to be the longest coastal tourist destination in Asia.
Facing the sheltered waters of the Straits of Malacca, the breathtaking beach frontage on Malaysia’s easily accessible western coastline, Sepang Gold Coast is built along 22km of coastline of which 18.7km is prime beachfront.
The development boasts a very convenient location:
25 mins from Kuala Lumpur International Airport
30 minutes leisurely drive from KLIA / F1 Circuit
75 minutes drive from KLCC (home of the world tallest twin towers)
Residences
The Tropical Cluster Village is an oasis of 220 apartments and penthouses. All residences will come fully-furnished and boast features such as:
- Balconies
- Breathtaking views
- Kitchenette
- Luxurious bathrooms
- Underground parking
- Air conditioning.
The Penthouses also boast a private swimming pool and an open lanai.
| UNIT TYPE | SIZE | PRICES FROM: | |
| Apartments |
|
||
| 1 bedroom | >500sq.ft | ||
| 2 bedroom | >866sq.ft | ||
| Penthouse |
|
|
|
| 3 bedroom | 2,050sq.ft |
Maintenance costs are covered if the property is leased back to the Hotel operator as the 8% rental is a net figure. If the unit is not rented out the cost for the maintenance is approx 0.5 RM per sq.ft.
Facilities & Services
Managed by a leading international hotel operator ( brand name to be confirmed ) there will be a clubhouse offering a wide range of facilities - including swimming pool, gym, fitness spa, library, café plus nearby restaurants and leisure activities.
Residence owners will have access to a range of high-quality faciltiies including
- Gym
- Restaurants
- Swimming Pool
- Spa
- Jogging Track
- Cycling Track
- Lush gardens and landscaping
Rental Programme
The developer, in conjunction with a leading hotel group, is guaranteeing an 8% NET rental income for two years, followed by 8 years leaseback scheme.
Owners do not pay any maintenance charges or sinking fund for first two years (for Leaseback only). Payments to the sinking fund will then from year 3 onwards be deducted from the rental return so the owner will still receive a net return.
Owners will be able to stay in the property for FREE for 14 days per annum during the leaseback scheme.
The powerhouse of Kuala Lumpur with a 7.2 million-strong population is within a 75 minute drive and many residents will happily swap briefcase for suitcase to enjoy breaks within the Golden Palm Tree resort.
Likewise, the award-winning Kuala Lumpur International Airport is a hassle-free half hour drive, ideal for delivering international traffic, whilst the nearby F1 circuit at Sepang will guarantee that the area is packed to the rafters on race weekend. Add an expanding middle class underpinned by strong economic growth, 30 degree sunshine all year and a Malaysian government forecast of 24.6 million tourist arrivals by 2010 rising from 17 million in 2006 and the 8% guarantee seems far from optimistic.
Purchase Details
To reserve a residence, a £2,000 refundable holding deposit which is refunded once the first 10% payment is paid, as the properties are purchased in Ringgit.
This is followed by stage payments (30% in total) until completion.
A 70% mortgage will be available on completion. Subject to status.
Construction will start second half of 2008. Construction is scheduled to be finished in 2011.
Hot Properties Worldwide is an authorised sales representative of The Tropical Cluster Village.
Hot Properties Worldwide is an authorised sales representative of Tropical Cluster Village
