The past, the present and the future have come together to provide an interesting opportunity for investors and those looking for holiday homes in Malacca.
Banking on the state's rich 600-year-old cultural history, Empire Properties Ventures Sdn Bhd (EPV) is currently developing the 203-acre Malacca Empire Marina Theme Park (MEMTP) and offering for sale the first phase of units that will be ready by 2010.
Set amid a resort, the Soho units are designed to provide a fitting environment for work and play
EPV general manager Quah Eng Hock said the entire multibillion-ringgit development taking shape on the Klebang Beach foreshore as well as on 87 acres of reclaimed land will comprise four components: Empire Sunshine Villas, Empire Theme Park and Service Resorts, Empire Marina Villas and Empire Global Wonder Village.
"We plan our development to be the first to integrate facets of history with tourist elements and lifestyle features demanded by buyers investing in tomorrow," he said.
Now available for sale are 510 Small Office Home Offices (SoHos) in Empire Sunshine Villas.
Situated from the eighth to top-most floor of a 24-and-half-storey tower that will sit atop a three-level shopping mall, Quah said investors have a choice of four layouts.
"Some will also come with roof gardens," he said.
To support the use of the SoHos as holiday homes, recreational facilities including a gym, spa, swimming pool and landscaped gardens will be designed into the phase "to provide a fitting environment for work and play".
Buyers will also have access to commercial outlets such as a business centre, convenience store and the three level shopping mall that will have 22 lots on the ground floor and 48 on each of the upper two levels.
These can be bought for between RM650psf and RM1,000psf.
Piling work for Empire Sunshine Villas commenced last December and so far, 55 per cent of the SoHo units, which carry a gross development value of RM135 million, have been sold.
When Malacca Empire Marina Theme Park (MEMTP) is fully completed in four years, it will be a comprehensive resort with a marine theme park, water villages modelled after the Dubai Palm Resort, a five-star hotel, historial gallery and 10,000-seat international conventional centre.
For more detail information, please visit www.empirepropertyventure.com or contact: 03-2166 3026
By New Straits Times (by P.Rajan)
Thursday, March 20, 2008
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