Full Description

Key Features

* Freehold ownership available even to foreign investors
* Up to 70% LTV mortgages available for non-resident foreigners
* Invest in a fully furnished, city centre 3 bed apartment from only £57k cash
* i-Zen hospitality arranged & in place to manage all apartments if desired
* Current market yields 7%<9% per annum
* With a 70% LTV mortgage ROCE could be up to 60% per annum
* Buildings provide 5 star recreational facilities
* Affordability is at a 10 year high; wages increasing & banks confident
* GDP growth in 2006 was 5.8%
* 0% capital gains tax


Description

With an affluent & international business population, only 10 minutes from the Central Business District, the need for top quality apartments in Mont’ Kiara is very high. Three of the most prestigious companies from Asia (Ireka, CapitaLand & Ascott) have teamed up to bring this, their latest, most prestigious project to market. In a central location for business and residential use, the i-Zen @ Tiffani apartments are of the highest standard and as such will be in great demand. The development will provide fully furnished 3 bed apartments with a choice of 2 interior designs and 2 car parking bays in a strategic location. Investments can be made with as little as £57k cash thanks to the availability of 70% LTV mortgages.


Location

With a population of 24m (half of which are under 27 yrs of age), urbanisation occurring at 10% per annum, and with supply estimated at 44% of current demand, the Malaysian property market is an exciting place to be. Add to this a ten-year high for affordability, low interest rates, mortgage lenders providing longer repayment periods and increasing wages and indicators for profitable investment abound. Economically Malaysia is also robust, with unemployment below 4%, GDP over 5.5% for the past 3 years and consumer confidence sustained near 10%. Ten 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 area with Japanese, Korean, American and British business people.


The Properties

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 built to the highest specification.


Amenities

* Fully-fitted kitchens, bedrooms fitted with walk-in wardrobes
* Two parking bays with each unit
* Clubhouse & 4,000 sq/ft landscaped garden
* State-of-the art gymnasium, internal pool, yoga room, squash courts, tennis courts
* Infinity-edge sky pool on 27th floor


Payment Schedule

* MYR20,000 (~£3k) holding deposit required immediately
* 20% (less holding deposit) payable after signing Sales & Purchase Agreement (30 days)
*Deferred payment schedule until completion (estimated mid 2009)


What's on Offer?

* 3-bed apartments from £190,000