Luxury residence in Kuala Lumpur’s embassy enclave priced from HKD 1.9 million
(Source: Asia Bankers Club)
Asia Bankers Club has been appointed by Hap Seng Land Sdn Bhd (a wholly-owned subsidiary of Bursa Malaysia-listed Hap Seng Consolidated Bhd) to market the company’s most ambitious project to-date, Aria Luxury Residence. This 598-unit freehold development is the perfect example of value investment due to its strategic location within the prestigious Kuala Lumpur’s embassy enclave and its proximity to Kuala Lumpur’s Central Business District.
“The Southeast Asian city of Kuala Lumpur has always been a popular destination for foreign investments due to its warm climates, multi-cultural society, delectable cuisine, and hospitable locals. With the recent currency depreciation, it is an ideal moment for investors to purchase KL properties at a lower price. The consolidation in property prices as a result of the weakening ringgit is similar to what happened to the Hong Kong property market during the SARS outbreak,” says Kingston Lai, CEO of the Asia Bankers Club.
As a result of this golden opportunity for capital gains with low investment entry, the Asia Bankers Club, along with its subsidiary Golden Emperor Properties, is launching ARIA, a luxury residence in KL, to Hong Kong investors. This prime development is located in the sophisticated and premium neighborhood of KL’s embassy enclave and is minutes away from the KLCC Twin Towers. With unit prices starting from HKD1.9 million, investors only need to provide a down-payment of HKD100,000 with the majority financed through a mortgage of up to 80% and the developer’s early bird discount.
ARIA was designed with the concept of musical fluidity that combines beauty and functionality. The project boasts one of the largest spread of facilities in the city centre with 1.5 acres of leisure spaces across four zones named after the voice classifications of Bass, Tenor, Baritone, and Soprano. Accessibility is also a key factor as the proposed new KLCC East MRT station is located minutes away by foot from the development. Moreover, shopping and entertainment destinations such as Pavilion KL, the new TREC (Malaysia’s first purpose-built entertainment destination), the exclusive Royal Selangor Golf Club, and the KLCC Park are just a stone’s throw away.
“Despite the current uncertainty of the KL economy, we believe that this is the best time to invest in KL properties for various reasons. Firstly, we believe that the Ringgit depreciation is short-lived and a rebound is imminent due to historical currency trends. Secondly, investors should take advantage of this temporary economic downturn as it provides the best chance to purchase premium deals at a substantially reduced price,” Lai adds.
For further information on the upcoming ARIA launch on the 12 – 13 December 2015, please visit www.goldenemperor.com