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Key Features
- Part of the multi-purpose residential, retail & commercial -AXIS Atrium
- Prime location; Pandan LRT (metro), just 10 mins KLCC Golden Triangle
- Successful & popular developer RK Group, plus global giant DTZ as in house management & letting management services
- 60% LTV mortgages available to non-resident foreign investors, combined with 7-9% yields,
- Rapidly developing area, investments from £15k cash (with mortgage)
- Young educated population, booming economy, low unemployment, lowinterest rates, small external debt & GDP growth over 5.5%
Description
Kuala Lumpur, a flourishing high-tech and financial centre with a healthy infrastructure is one of Malaysia's most revered investment locations, where demand is currently outstripping supply by as much as 44%. Situated in the rapidly developing Pandan region of KL, the AXIS Atrium combines luxurious residential units with prime retail and leisure facilities, over the Axis Boulevard shopping zone. Delivered luxuriously fully furnished with all modern finishing, amply-sized apartments provide stunning views across the local retail area, and the Selangor Golf club toward the KLCC. High end facilities, from sky club lounge and gym through to 10th floor leisure and pool, AXIS will be the perfect location for aspiring local businessmen and also a perfect location for the casual traveller and holidaymaker. Thanks to a 60& LTV mortgage available via CIMB bank, investors can acquire a fully furnished apartment with as little as £15k cash
Location
AXIS has been designed as a multi-purpose complex providing retail, commercial and leisure facilities as well as a range of residential accommodation, of which the Premier Crown are the top-end serviced apartments managed by DTZ. AXIS itself is located on the far side of the Royal Selangor Golf Club, in a thriving area full of hypermarkets, medical centre and the KL International School. LRT access is provided just across the road enabling swift movement around the city, yet the price rush has not yet occurred here, so incredible investments are still to be found. With a population of 24m, urbanisation occurring at a rate of 10% per annum and real estate prices far lower than other South East Asian counterparts, the Malaysian property market offers tantalising investment opportunities. This, coupled with low interest rates, increasing wages, longer repayment periods from mortgage lenders, and the highest affordability for ten years, underscores Malaysia's investment potential. Malaysia is also economically robust, with unemployment below 4%, GDP over 5.5% for the past 3 years, an educated multilingual workforce and a well-developed infrastructure. What is more, Malaysia is one of the largest recipients of FDI among developing countries & is enjoying increased popularity as a tourist destination thanks to the diversity of its landscape which offers stunning natural beauty, bustling nightlife, thick jungle and heavenly beaches
Properties
- With the alfresco boulevard below, shopping convenience at the Axis Atrium below and easy access to the Golden Triangle via LRT, this is a beautiful location for residential living. With in-house facilities ranging from sky club & gym, 10th floor outdoor pool, jogging track and children playground, various restaurants, 24-hr concierge and full CCTV security, COMFORT at the AXIS is a given. Luxuriously furnished, the PREMIER apartments will be managed by the internationally acclaimed DTZ, offering residential luxury to businessmen and travellers to a luxury & international standard, perfect for investors. All apartments are spacious, have balconies and come "ready to rent". For those looking for the best, top floor luxury 4-bed apartments are also available
Payment Schedule
- MYR 20k (~£3k) holding deposit for 30 days
- 20% instalment required within 30 days (and signing of SPA)
- 15% on piling, within 30 days of SPA
- 60% LTV mortgage possible subject to status (ongoing off plan payment schedule)
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