Malaysia is Hot!
The Golden Palm Tree is primarily a retreat and residential area for living, relaxation, and leisure. It will
contain four types of Water villa (Royale Palm Villa, Ivory Palm Villa, Canary Palm Villa, and Travelers
Palm Villa) equipped with a clubhouse and swimming pool.
You can be part of the action. Yours to own and to enjoy - an opportunity to own part of an international
class resort hotel in a fast growing development corridor in Malaysia.
Invest in a water villa on the golden palm, part of Malaysia’s premier vacation resort, and benefit from the
booming tourism market of overseas and domestic visitors.
Along the sandy beach of the Sepang Goldcoast, foreshore visitors will discover to their delight a variety
of retail outlets, shoreline restaurants, cafes, a kids hotel and theme park.
The villas are superbly constructed in reinforced concrete foundation and frame, with masonry wall and
cement board cladding. The roof is a timber truss with alang alang thatch. Timber flooring is used
throughout apart from the bathroom where a terrazzo tile is used. Air conditioning is fitted as standard in
all units.
To heighten the pleasure of living at the Golden Palm Tree Water Villas, a unique clubhouse of
contemporary design has been provided for you with all types of facilities.
The property market of Malaysia is hot, thanks to economic and legal reforms. Significant changes that benefited the property market include:
- abolition of rent control;
- abolition of capital gains tax; and
- relaxation of foreign ownership restrictions.
Foreigners can now buy residential units and other properties costing MYR250,000 (approx US$74,000) and above, without any restriction on use. Further, roundtrip transaction costs in Malaysia are very low, among the lowest in Asia.
Moderately high yields
Buying costs are very low in Malaysia
Capital Gains:
As of 01 April 2007, there is no tax on income earned from selling property.
Inheritance:
No inheritance or gift taxes are levied in Malaysia. |
