Banyan Curve, Malaysia – purchase price back in 13 years

Banyan Curve - due to the popularity of Port Dickson, proximity to Kuala Lumpur and rapid growth in Korean and Chinese tourist arrivals, the developer is offering a guaranteed rental income for 13 years at 8%. A quick tap of the calculator will confirm that each purchaser is guaranteed 104% of the value of their property back in 13 years. Prices from £81,751 GBP for a two bedroom ‘Type D’ chalet with private swimming pool.

Malaysia is a very pleasant and hassle-free place to visit. Set at the heart of Asia (“Malaysia Truly Asia” is the current Tourist Board slogan) the federation of 13 states is a true melting pot of races and religions and is tolerant, warm and welcoming. The vast South China Sea splits Malaysia into two - ‘Peninsular’ or ‘West Malaysia’ and ‘Malaysian Borneo’ or ‘East Malaysia’ with the latter being home to Mount Kinabalu, one of the highest peaks in South East Asia at 4,095 metres above sea level. Malaysia also boasts fine beaches, spectacular cave systems and the oldest rainforest in the world, home to the world’s tallest tropical trees.

One of Malaysia's key attractions is its extreme contrasts. Although very east on the Atlas, it’s very west in its outlook. The cityscape of capital Kuala Lumpur is pricked with towering skyscrapers and the Formula 1 circuit at nearby Sepang is regarded as the industry benchmark in terms of design and facilities. However, high-tech swiftly descends into low-tech within a matter of kilometres and steel and glass modernity is replaced by wooden houses teetering on stilts in the stunning, turquoise sea.

The state of Negeri Sembilan, just 50km south of Kuala Lumpur International Airport via the North South Expressway (highway) was one of the earliest tourist pullers for Malaysia. It provides the nearest accessible beaches for Kuala Lumpun city slickers in the shape of the resort of Port Dickson. With 1.5 million people living in the capital, Port Dickson is thronging at the weekends with those eager to escape the bustle and stress of city living. Port Dickson is fringed with 18km of white sand beaches protected by palms and coconut trees and a real treasure trove of marine and coral life sits just offshore in the Straits of Malacca. Aside from the beautiful beaches, other attractions in the Port Dickson area include three golf courses, several historical sites and an ostrich farm with regular ostrich racing(!) (Ostriches rank amongst the fastest animals in the world with maximum speeds of 70km/h).

GEM Estates is promoting Banyan Curve, a true Malaysian-styled development of water chalets facing the Malacca Straits. All homes are elegantly furnished using materials such as granite and teak accented by Balinese stone carvings and pottery. Detached from the land, elevated on stilts above the water, each property has a private swimming pool, secluded indoor garden and open air shower for the ultimate in refreshment, particularly in the company of a stunning sunset. Communal facilities include a clubhouse with restaurant, business centre, housekeeping services and communal pool. Due to the popularity of Port Dickson, proximity to Kuala Lumpur and rapid growth in Korean and Chinese tourist arrivals, the developer is offering a guaranteed rental income for 13 years at 8%. A quick tap of the calculator will confirm that each purchaser is guaranteed 104% of the value of their property back in 13 years. Homeowners will be entitled to ten nights’ off-peak use per annum and the resort will be managed and operated by The Legend Group of Hotels and Resorts best known for the Legend Hotel and Grand Seasons Hotel in Kuala Lumpur.

Prices from £81,751 GBP for a two bedroom ‘Type D’ chalet. A £2,000 GBP reservation deposit is required followed by 30% upon contract, 65% in stage payments and 5% upon completion scheduled for 2008.