Real Estate for Sale: Doha, Qatar, Own A property in Malaysia - Al Sadd

Asking Price: $Unlisted
Location: Al Sadd
City: Doha
State/Province: Doha
Country: Qatar
Type: Condo

Tower of service
Following a string of well received service apartment projects in Sri Hartamas in Kuala Lumpur and Johor Baru, the Hong Kong-based Far East Consortium Group launched its latest offering called The Tower right in the heart of the KL city centre.
Located along Jalan Munshi Abdullah, five minutes from Suria KLCC and the Petronas Twin Towers, The Tower, which is developed by Mayland Boulevard Sdn Bhd offers young professionals putting in long hours in Golden Triangle offices, a home in the heart of the city with hotel-like conveniences to suit their busy lifestyles.
Consisting of a 30-storey block on approximately an acre of freehold land, The Tower houses 408 units of studio and three-bedroom apartments with built-up areas ranging from 542sq ft to 1,892sq ft. More than half of the units are the studio type with built-up areas of 600sq ft and 654sq ft.
The apartments pegged from RM189,700 will be complemented by a range of recreational facilities such as a business centre, gym and a swimming pool located on part of the 7th floor. The balance of the floor space on this level will be taken up by the residential units that continue up to the 26th floor, with a typical floor having 22 units served by four lifts.
Car parking for the development is provided for in the form of 400 bays spread from the 1st to the 6th floors of the building.
Those considering making a purchase for investment purposes can avail to the developer’s leaseback scheme, which offers a guaranteed gross yield of five per cent per annum.
Purchasers who are keen to occupy the units themselves will be pleased to know that the development will be managed by the five-star Dorsett Regency Hotel International.
Service charges for the maintenance of the facilities and common areas have been pegged at 25sen per square foot while charges for housekeeping of the individual units have not been determined as yet but will depend on the extent and frequency requested for by the owners or occupants.
The developer has also arranged a panel of end-financiers for the convenience of purchasers. The panel comprising Alliance Bank, Arab-Malaysian Finance Bhd, Citibank, Hong Leong Bank, Southern Bank and Standard Chartered Bank are offering a margin of financing of up to 90 per cent for those who qualify.
Prospective purchasers can view the on-site show unit at Jalan Munshi Abdullah. For more information, call us at +974 4369228/4369493 or log on to http://www.infinityqatar.com.

E-Mail: http://www.infinityqatar.com