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Foreign Properties For Sale

PLATINUM DAMANSARA IN BRIEF

PLATINUM DAMANSARA (PD) is another prestigious project by Dataran Mantin Sdn Bhd, a subsidiary of Kumpulan Langkawi Resorts Group in now undergoing construction.
Launched mid 2004, it will be ready by end of 2007.
It is 4-star service apartment, combining the luxury living based on New York Lifestyle concept, condominium status with hotel services, in short, it also classified as CONDOTEL.
With the capacity of around 1,031 units, only first half of Block 2 is opened to foreigners.
Only 100 units opened to foreigners, now balance of about 70 odd to be taken up.
Today project has sold more than 75% to Malaysians.
Price range starts from about S$110k for studio apartment to about $210k for 3 bedrooms apartment.
Top security with CCTV at every unit to check on the common areas.
Ample (2000) carparks at 4 ½ storey basement carpark in the addition to many more surface carparks available for both residents and hotel guests.
With its attractive leaseback scheme for 10yrs, it will be managed by an expert in the hospitality industry, Squirrel Hill International, USA.
Under the leaseback scheme, first of its kind in Malaysia, the developer gives a guaranteed return of 10% for first year. 2^nd to 10^th year it will be 50/50 profit sharing basis (base on room rental, room service, laundry, F&B revenue) or min of 6% per annum as a benchmark figure.
Investor may choose to buy for own occupancy. For leaseback scheme, the units will be furnished at zero-cost to investors.
PD is located within a prestigious bungalow neighbourhood, what we would call another millionaire neighbourhood like the Tropicana, Damansara Legenda, Damansara Idaman, and Tai Pan Damansara.
PD is going to be a landmark towering above the rest of the landed bungalow in the area.
It will be attracting the rich and famous to use the facilities, like restaurants, al fresco cafes , banquets, shopping mall, car rental services, concierge for the hotel facilities, etc.
Only 23 km form KL city or less then 30 drives, accessible by 3 major highways, i.e. NKVE, Federal Highway & LDP. From Singapore it takes about 3 hours to reach, exiting at Subang Airport toll.
Upcoming LRT station within 7 minutes walk from Platinum will be a boon to add value in the property when it is fully ready for occupancy.
Ara Damansara which is undergoing a massive infrastructure works and serves as the gateway to a hotbed of housing and commercial development, transforming the entire place into what valuers are calling the next growth in the Klang Valley.
It is certainly a value added location as it is within the triangle of growth within KL, Klang and KLIA.
Situated only within 5 to 10 minutes to other mature estates like Bandar One Utama, Subang Jaya, Kelana Jaya, Damansara Utama, etc. Its neanest to shopping paradise will also be a boon to the residence and the hotel guest alike.
It is also a boon to be at the central of 4 major golf courses, TROPICA, GLENMARIE, SAUJANA AND SUBANG NATIONAL GOLF CLUB.
Investors may take 2 major bank to finance the purchase from OCBC (60% loan) and HSBC (75% loan) Malaysia.
Only with RM10,000 as earnest deposit you can book your dream home investment.