Investment Property in Malaysia
The Crest, Kuala Lumpur, Malaysia
This new development is known as The Crest, which is literally a five minute walk to Kuala Lumpur City Centre and those spectacular Petronas twin towers. The Crest is located on Jalan Sultan Ismail, which is arguably one of the best and most central addresses in the city.
Summary
Pricing: £165,000 - £205,000
Bedrooms: 2
Development Type: Apartment
Listing Type: Sale
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Facilities:
The Crest is home to commercial units as well as the luxurious residential properties that we have for sale. Also within the development will be luxury retail units, fitness studios, spas, restaurants, crèche and just about any other facility one has come to expect from a 5 star development in Kuala Lumpur.
Pricing and availability:
There are only 7 units available at this time, ranging in price from £165k to £205k.
Mortgage Finance:
There is 70% finance available for foreigners buying into The Crest, and so the capital outlay required is just the 30% down-payment. CIMB bank is providing the finance.
Due Diligence:
It’s worth noting that CIMB Bank have conducted exhaustive due diligence on every aspect of this project - from its commercial viability to the construction and operational plans - in order for them to become comfortable enough to lend to foreign investors (as CIMB are essentially carrying 70% of the risk as their mortgage finance is secured over the Crest property rather than the borrowers existing assets). With that in mind this project represents very low risk investing.
Build Time:
Construction is well underway already, with completion in or around 36 months time.
Fetaures
- Mortgage Available
Click here to enquire about this property >
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