Tourism Industry

Posted on August 30, 2013 by alvin ma

Tourism is a key driver to development and a major creator of jobs across national and regional economies, including spurring the growth of related sectors, such as retailing, hotel and resort operations, food manufacturing, construction and services. Tourism also are the direct foreign currency earner and contributor.

Services sector is identified as the fastest growing industry over the next 20 years in Iskandar Malaysia. Services industry is expected to contribute from 50% in 2005 to 57% in 2025 of Gross Domestic Product (GDP). Within services sector, tourism industry’s Gross Domestic Product GDP is expected to grow from 8% in 2005 to 12% in 2025 with average growth of 9.6% per annum and creation of 16,340 jobs. Most of the sub-sectors create significant employment opportunities, offering high value jobs such as hotel managers, food and beverage (F&B) service staff, tour managers and theme park managers.

Capitalising on global tourism trends, budget airlines and budget hotels mushrooming, andMalaysia’s tourism advantages, the government and private sector have jointly collaborated to accelerate the further development of Iskandar Malaysia’s tourism sector. Tourism Iskandar Malaysia focuses and reinforces the unique local characteristics and heritage features, and to preserve as well as enhance its natural environment for eco-tourism.

Seven areas have been identified by Iskandar Malaysia tourism:-

1. Theme Parks and Family Entertainment Centres

Malaysia first indoor family theme park, Sanrio Hello Kitty theme park and Legoland theme park, the Asia first Legoland theme park invested and completed at 2013. Both theme park have received break record of tourists arrival since its operation especially on the weekend and holiday seasons.

2. History, Heritage, Arts and Culture

Johor government has taken itegrated approach to develop and promote Johor’s rich history and culture. The iconic Sultan Ibrahim Building at Bukit Timbalan will be the focal point. Government also investing to redevelop Johor Bahru City centre into a new vibrant city centre with water canal built.

3. Eco-tourism and Homestays

Iskandar Malaysia has close to 2,000 hectares of national parks, forest reserves and wetland. The main promoted site is Ramsar Johor sites. Ramsar cover wetlands surrounding Sungai Pulai, Pulau Kukup and Tanjung Piai National Parks. Pulau Kukup is one of the largest uninhabited mangrove islands in the world. Homestays gained popularity among international visitors who want to experience local Johorean culture and customs at an affordable price.

4. Food, Dining and Shopping Attractions

Malaysia, comprising of 3 major ethnics Malay, Chinese, and India with few minors ethnics has rich of food varieties and famous to the world. Iskandar Malaysia taken advantages of its location near to Singapore, is a popular shopping and dining destination for tourists especially from Singapore. It offers more a more affordable range of goods and services as well as wide variety of culinary selections.

5. Outdoor activities, Events and Recreational Tourism

There are 15 established golf courses available within Iskandar Malaysia. Johor Motorsport Circuit is available for car and motor racing enthusiasts. There are also events like Johor International Kite Festival, Iskandar Malaysia Rugby Challenge and World Marching Band competition yearly.

6. Health and Wellness Tourism

The health and wellness tourism sector is poised to experience high growth because of the increasing demand for more specialized treatments and sophisticated medical facilities. The new upcoming medical center in Iskandar Malaysia are Regency Specialist Hospital, Columbia Asia Hospital, AFIAT Healthpark, and development of a wellness township.

7. MICE and Accommodation

MICE (Meetings, Incentives, Conferences and Exhibitions) in Johor, currently caters largely to the national events market segment, with conference packages offered by city hotels. Persada Johor and Danga Bay Convention Centre are among the major purpose-built MICE convention centers.

Alvin Mah
016 – 888 4292 / alvin-ma@live.com
Property consultant
Website: http://mproperty.asia
Property Consultancy and Property Management services, Renovation and Refurbishment Services, Mortgage and Housing Loan Insurance services

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Country Garden Danga Bay

Posted on August 29, 2013 by alvin ma

11 August 2013 is a big day in property Iskandar Malaysia. With the massive advertisements through Singapore TV, Singapore Newspapers, Malaysia TV and Malaysia Newspaper, Country Garden Danga Bay having its official launch of its Danga Bay condominium projects. Free shuttle bus from Singapore to Danga Bay, free fun-fair rides, fireworks display and free yacht trips at the showflat site and its advertisements campaign attract many Singaporeans and Malaysians, and has sold over thousand units on offer, with 25% of them snapped up by Singaporeans.

Country Garden Danga Bay project is located in the Iskandar Malaysia Flagship A, Johor Bahru . It is just 3 minutes ride away from the Malaysia-Singapore Causeway and CIQ (Complex of Immigration and Quarantine). The developer of Country Garden Danga Bay is Country Garden, a well known Chinese developer from China. Country Garden bought the Danga Bay land parcel in this early year at RM363 to develop these mix developments projects with expected Gross Development Value GDV of 8 billion.

Country Garden Danga Bay features 9000 units of condominium on the waterfront coastal line ranging from 400 s ft to 1,400 sq ft. Within this mix development will have shopping mall, man-made beach and 6 yacht berths. Phase 1 of Country Garden Danga Bay slated to be complete by 2017.

A representative for Country Garden said that 40% of the buyers are Malaysian, 25% are Chinese nationals, 25% are Singaporean, and the remaining are other nationalities. Many buyers were attracted by the Country Garden Danga Bay condominium’s affordable and relatively low prices. The average selling price is about RM800 per sq ft. Comparing to average RM1000 per sq ft by its competitor, Capri which is located next to Country Garden, Country Garden have more selling points and better prices which increase and enhance the willingness for buyers to buy either for the purposes of invest, stay or vacation.

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Why Property Iskandar Malaysia

Posted on August 14, 2013 by alvin ma

Property market in Asia countries are booming in recent years. For some Asia countries which are in the progress of fast growing and open door policies, they are attracting a lot of foreign investors to have their business in Asia. Many MNC companies from Europe and America have expanded there businesses and operations in Asia countries to tap into this huge economic market which are in fast growing while their own countries in Europe and America are in recession or in slow pace of growth.

With the flow of foreign capitals and jobs creation from these MNC companies, many developing countries have set up special economic zone to attract and accommodate these MNC businesses and factory operations. Southeast Asia with the benefit of lower labor cost and operating cost has become the prime location for factory and services centre industry.

Iskandar Malaysia taking the advantages of its location nearby to Singapore and Indonesia, with plentiful natural resources and wide scale of plain land, lower operating cost and plentiful of skilled human resources become the top choice of special economic zone from MNC companies and Singapore businessman.

Singapore, a well known financial, tourism, and busiest sea port in the world’s city state country, consists of 5.5 million of citizen and Indonesia has citizen of over 1 billion with full of its natural resources and plantations. The Indonesia-Malaysia-Singapore Growth Triangle (IMS-GT) was established to strengthen economic links in the region and optimize the complementary between three countries. Singapore, Indonesia and Malaysia have achieved steady and significant economic growth after the sub-prime crisis while Europe and America still in recession and slow pace of growth.

Why choose property market in Iskandar Malaysia

Economic Stability – Malaysia has enjoying steady and high growth since 1997 Asia economic crisis.

Politic Stability – Malaysia is a democratic country whereby each citizen has the right to vote for their ideal party to rule the countries.

Social Stability – Malaysia with three major ethnics and few minor tribes enjoy a peaceful and harmony society. Everyone is respecting each other, communicate and blended well in the community.

War – Malaysia has encounter 0 wars since 1945 with Japanese. Malaysia neutral diplomatic policies exclude Malaysia from any conflicts with other countries.

Political tension – Malaysia resolves all sovereignty disputes through international court instead of military way.

Natural disaster – Malaysia is a blessed country with no natural disaster. Earthquake, tsunami, volcano, tornado and terrible flood are far away from us.

Weather – Malaysia enjoy four seasons of spring weather. No drastic cool winter seasons that can kill people and extreme hot season that causes death.

Safety – Malaysia applies 0 weapon policies. Individuals posses weapon with license are subjected to crime and will be arrested and having heavy penalty.

Property prices and its sustainability

Education – Education is the only way to improve and get higher salary. Malaysia policy encourages and allows all people to study or further study in universities or colleges.

Job Opportunities – Iskandar Malaysia as a special economic zone provides a lot of incentives to foreign investors. It has attracts many foreign capitals flow in. Many MNC and Singapore companies is considering move in, have started move in or already set up their businesses and factories in Iskandar Malaysia.

Urbanisation – Iskandar Malaysia will become third largest cities in Malaysia after capital Kuala Lumpur and Penang. Transport linkage through High Speed Rail HSR between KL and Singapore will promote Iskandar Malaysia into a mega cities and a mega region.

Malaysia My Second Home MM2H – With the complete make over of JB city center and totally new city development in Nusajaya, Iskandar Malaysia expected to attract many elderly and rich to migrate here to enjoy high standard of living with comparable lower living cost.

Global Economic Transformation – Recession in Europe and America and America stance of TPPA Trans-Pacific Partnership Agreements has lead to economic shift from western countries to Asia.

Economic Transformation Programme – Economic Transformation Programme is a comprehensive effort that will transform Malaysia into a high-income nation by the 2020.

Population – Iskandar Malaysia expected to reach its population of 3 million in years 2020.

Globalization and mobility – With the ease of mobility and connectivity through sea, land and air, and globalization through the advance of Internet and information flow, Iskandar Malasia will attracted many quality human capitals and human resources from all over the world.

Pro business environment – Iskandar Malaysia is a special economic zone with lot of incentives and least restrictions to encourage foreign companies to establish their presence here.

Foreigner housing ownership – Foreigner are allow to have 100% property ownership and loan from local banks.

Land prices, raw material prices and higher salary – Three of these factors have push up the overall property prices.

Tourism and EduCity – The formation of EduCity, City of Knowledge and establishment of Legoland, Hello Kitty Family Theme Park, International Resort Destination, Waterfront City, Puteri Harbour and other international well known theme park industries in future are aim to provide stable population to sustain the property market, its supply and its demand. Malaysia natural resources, multiple cultures, languages and religions, heritages and of course the foods have become Malaysia a well known top of choices tourism country.

High Speed Rail HSR (KL-Singapore), LRT(JB-Singapore), Internal Rail Commuter, and Rapid Bus Transit RBS – The mentioned network linkage will definitely bring the Iskandar Malaysia property market price to a new height.

Singaporeans who like to enjoy foods and luxury living standard and spacious environment and Singapore PR are the biggest buyer in Iskandar Malaysia. Malaysians who are Singapore PR are also the biggest and potential buyer in Iskandar Malaysia. With the more mature economic market and its infrastructure, Iskandar Malaysia will become top of choices of property market from investor, investment funds, financial institutes and wealth individuals to invest, work, stay and live.

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Malaysia My Second Home MM2H

Posted on August 6, 2013 by alvin ma

Located at the Southeast Asia with four seasons of warm weathers, Malaysia has been renowned for its natural tropical rain forest eco tourism and its rich culture of different races stay and blended inside one country as one nation. Different cultures, languages, religions with wide range of famous delicious foods have made Malaysia top choice to travel to in Southeast Asia.

With government objective to attract foreigner to stay here, Malaysia My Second Home Program (MM2H) was introduced and initiated. MM2H welcomes all foreigners to stay and retire in Malaysia with 10 years Social Visit Pass and Multiple Entry Visa which is renewable continuously.

Why foreigners choose to retire in Malaysia? Many factors have attracts foreigner to choose Malaysia to retire here instead of other countries like:-

Low living cost – Foreigners can enjoy high standard of living standard with comparable low cost compare to their original country

Connectivity – Malaysia have excellent infrastructures with international standard of airports, seaports, land and rail networks connect to the world globally and accessible easily.

Amenities – Medical centers, private clinics, international schools, private colleges and higher learning centers are available in all major cities at a reasonable cost.

Social activities – Malaysia is filled with many natural landscape tourism hotspots, nature adventures like hiking and trekking, world class sports events and best of all friendly people.

Cultures and Food – With the blended of Malay, Chinese, Indian and minor local aboriginal, and the influences of British, Dutch and Portuguese, the cultures and delicacies are at plenty and irresistible.

Safety, Stability and Weather – Without natural disaster like earthquake, tornado, volcano, tsunami, nuclear plant, stable economic and politics, and the best four seasons are like spring, Malaysia is the heaven to enjoy retirement.

Government policy – With the pro-foreigners retirement Malaysia My second Home MM2H policy, foreigners are allowed to own a 100% wholly owned landed property.

Benefit for Malaysia My Second Home MM2H programme

All approved applicants will enjoy special benefits approve by the Government for this unique program as following:-

1. You will receive a 10-year Social Visit Pass and Multiple-Entry Visa.

2. After 10 years, it is renewable unless you violate the laws & rules of Malaysia.

3. During these 10 years, you are free to stay in Malaysia and travel as often as you like with no restriction or minimum period of stay.

4. You can import your car or purchase a new car (CKD/Locally assembled) Tax-Free. It is a great saving more than 36% (rate depends on car model and have to apply to relevant authorities within certain period).

5. School age children (up to 21 years old) will be given student pass to further their study at international schools, private colleges and universities.

6. You can bring in a maid from your country of origin or countries approved by the authorities of Malaysia after obtaining the approval from relevant authorities.

7. You can be an investor and can actively participate in your own businesses in Malaysia subject to existing Government policies, regulations and guidelines which are in force for the relevant sectors and permit needed.

8. For housing loan, you can obtain up to 70% as compare to normal 60% for foreign applicants (subject to your credibility and bank rules).

9. Under this programme, for those countries has a “Double Taxation Agreement” with Malaysia, your pension fund that is taxable in your country shall be tax-free if you stayed more than 182 days a year in Malaysia.

** It is not pre-requisite to own properties to qualify for this program, but you are encouraged to purchase as it is much cheaper as compared to other countries in the region and is good for investment. You are allowed to buy landed property and will be 100% Registered Owner of your properties.

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Kukup tourism land for sale

Posted on August 3, 2013 by alvin ma

Type : Kukup tourism land beside sea area
Title : 99 years land
Usage : Building
Size : 34 X 300 (939.258 m2)

Price: RM1,200,000

Kukup is reserved area at Iskandar Malaysia Flagship C for tourism identify by government under Economic Transformation Plan (ETF) and one of nine economic pillar in Iskandar Malaysia.. This land suitable to invest to built hotel resort.

Kukup in Flagship C Iskandar Malaysia

Kukup Land for Sale

Sorrounding development

Please feel free to call / sms / email me for more details.

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Bayu Marina Resort

Posted on August 3, 2013 by alvin ma

Hotel-style Condo finally arrive to Johor Bahru. Located strategically at EDL link within 10 minutes to CIQ, Bayu Marina is the unique studio that suitable for inividual to enjoy relax resort style home after long day of hard work in the hustle and bustle city.

Type: Studio

Size: 609 Square feet

Price: RM360k

Tenure: Freehold

Rebate: 7%

Maintenance: RM150 per month

Condition: Fully Furnished

Car park: 1

Booking: RM10k

Unit Level: 18 to 22

Faclities:

-Swimming Pool

-Wading Pool

-Sauna

-Barbecue Pit

-Gym

-Children Playground

-Multi-purpose Hall

-Changing Room

-Prayer Room

-Roof Garden

-Cafeteria

-Convention Store

Limited units! Only 44 unit for sale!!!

$$$First Come First Serve$$$

Bayu Marina SeaView

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Iskandar Malaysia and JB Property

Iskandar Malaysia, JB Property

Monthly Archives: August 2013

Tourism Industry

Country Garden Danga Bay

Why Property Iskandar Malaysia

Malaysia My Second Home MM2H

Kukup tourism land for sale

Bayu Marina Resort