Construction of 50 residential units in Borneo, Malaysia

The large island of Bornei is known for its breathtaking beaches and virgin forests. The special feature here is that foreigners are also allowed to buy or own properties there and can apply for an entry in the land register. With an area of over 33.558m² the property offers a lot of potential. 50 residential units will be built here, 41 of which will be units of approx. 8m² each and 9 units of approx. 13m² each (including own pool). All necessary facilities such as restaurants, a gym and meeting rooms are within walking distance.

  • Land Size: 8.3 Acre
  • Land Title: Native Title ( NT) shall be converted into Country Lease (CL), where there is no foreigner ownership restriction. Ownership Lease Period:≈ 99 Years
  • Land Zoning for Usage: Falls under “Park, Recreation & Tourism” zoning for Commercial purpose
  • Development Plan / Development Order :Approved, Dated: 25th November 2015

“Sales & Lease-back” Konzept

Our proposed “sales and lease-back” concept is income, capital apprecia&on and of the aim to nurture las&ng beneficiary rela&onships with its owner with financial “ peace of ownership”. The preliminary main points of this “ sales and lease-back” concept are:

  • To ensure consistent revenues are generated- “the units will be rented out when the villa unit are vacant.
  • The property will be Operates, Manages & Markets by qualified, experienced, interna&onal Hospitality Management Consultant as a designated “Holiday Resort”.
  • Proposed Profit sharing between the developer and owner shall be tenta&vely in propor&on of 60%:40% distribu&on. ( Subject to reviewed agreement)
  • To ensure transparency, reputable top 5 interna&onal recognized accoun&ng firm shall be appointed for audit the accounts
  • Owners are en&tled to 30 days of free stay per year.

Highlights

  • 50 Villas: 41 units – 1 bedroom pool villa (87sqm),  9 units – 2 bedroom pool villa (144 sqm)
  • Resort Facili9es
  • Main reception Lobby with library (838 m2)
  • 2 units Meetng room (50 m2)
  • 2 units Manager Villa (208 m2)
  • SPA reception and 5 treatment rooms (429 m2)
  • 2 storey of Restaurants (1430 m2)
  • Beach Club
  • Common Swimming pool (231 m²)
  • Deck (139 m²)
  • Gym (120 m²)

After completion of the project