Malaysia, Borneo: Paradise, Property and ProfitPosted by David on 8 th in DSR, Investment Property, Malaysia property news on 8th of November 2010
The overseas property specialists, DSR, are currently offering luxury villas and low rise condominiums on the beachfront in Sabah, Borneo.
Serviced and managed by the 5 star Nexus Resort hotel – a 17 times award winner (including the Virgin Holidays Gold Award) – these contemporary tropical homes will provide investors with the ultimate private holiday experience, as well as healthy rental yields; the hotel is already at maximum occupancy.
Designed by world class architects WATG, this private piece of paradise is set in beautiful landscaped grounds and stunning natural surroundings yet is only 30 minutes from Kota Kinabalu international airport. Nestled within 6km of pristine white sandy beach; balconies overlook the South China Sea and a 130 million year old rainforest. While nearby Mount Kinabulu rises to 4,095m, its sides lined with tropical rainforest and alpine meadows that form part of a World Heritage Site.
Sabah has six national parks and Borneo, the world’s third highest island, is home to around 15,000 species of flowering plants and 3,000 species of trees, hundreds of birds and mammals: elephants, rhinos, tigers and leopards, endangered Orangutans and snakes that change colour.
The island is surrounded by the South China Sea to the north and northwest, the Suly Sea to the northeast, the Celebes Sea and the Makassar Strait to the east, and the Java Sea and Karimata Strait to the south.
Then there’s the alpine meadows, the endemic species, the rare peat swamp forests, the Sunda Shelf mangroves, the extensive cave systems and the rich tapestry of 30 different sub-ethnic groups that make-up Borneo’s unique culture.
Over two million tourists visited Sabah alone in 2006 and Sabah Tourism Board maintains that with the very high occupancy figure of 72%, the area still has a severe holiday bed shortage. What is more, Sabah has one of the highest tourism growth rates in Malaysia and the cumulative number of global tourist arrivals rose to 842 million in 2006, which translates to average growth of about 7% per annum over five decades. Tourism arrivals continue to grow, and in January 2008, over 194,838 people visited Sabah compared to 165,810 in January 2007.
The Malaysian property market is also one of the strongest in the world and property is expected to grow by no less than 20 percent per year, and possibly by as much as 25 percent over the next few years.
With high rental yields (guaranteed 7 percent) and fast capital appreciation, Nexus Residencies is a unique investment, in a unique luxury golf-club resort, on a unique island.