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 this myself, and in the marketing info the photos of the "nearby beach" of of the East 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 resale demand.
3. Malaysian 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 things, and this is IMHO, but the development screams flashy photos.
(PS- 8% rental yield may not even cover your mortgage based on a repayment one if the interest rate in Malaysia continue to increase.)
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