IMO
having spent a great deal of time in Malaysia - I would be VERY wary of photos of the west coast developments...
I looked into thsi myself, and in teh marketing info the photos of the "nearby beach" of of the eeast coast, not west.
For example:
1. Beaches are TERRIBLe there- believe me, I have travelled round many areas of Malaysia as have my malaysian friend- NONE go to the west coast for beach holidays! It's either east coast or one of the incredible islands.
2. Capital appreciation will be almost entirely fuelled by foreign investors - with little resael demand.
3. malaysia 5* hotels are dirt cheap...You can stay in th Hilton for cheaper than the rents that this development will need to get the rental yield.
sorry but put a downer on thigns, and this is IMHO, but teh development screams flashy photos.
(PS- 8% rental yield may not even cover your mortgage ibased on a repayment one if the interest rate in malaysia continue to increase.)
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