Looking to own your own piece of real estate that comes with a professional hotel management company managing your property for you while offering you returns on your investment? The Dawn Hotel @ Impression City Melaka may just be your answer.
A stylish urban hotel comprising two blocks of 648 units, The Dawn Hotel offers splendid views of the Straits Of Melaka as well as the spanking new Encore Melaka Theatre, situated just 800m away from the hotel’s site which measures around 5 acres (217,800 sf).
The Dawn Melaka Floor Plan & Price
What sets The Dawn’s hotel rooms apart from other existing rooms in the city is that The Dawn’s rooms’ sizes range from 494 sf to 988 sf, making them the largest rooms in the city. There are four types of suites available – standard suite, poolside suite (14 units) and the jacuzzi suite (4 units) which are 494 sf each, and the 10 executive suites which offer owners 988 sf of luxurious comfort for the entire family to enjoy time together.
With an initial cash outlay from just MYR 105,400 (S$ 36,000), a total outlay from MYR 527,000 (S$ 180,000) and an assured annual return of 7 per cent for the first three years, The Dawn Hotel @ Impression City Melaka is a smart investment for those who are looking for good returns from a non-prohibitive sum. During the promotion period, there is even an interest-free loan offered by the developer to qualified buyers, which would result in S$64,300 to S$80,600 worth of savings in interest.
Malaysian developer Yong Tai Berhad is a public listed company known for building Melaka’s first corporate tower Jaya 99 (which is enjoying 100 per cent occupancy), as well as acclaimed 4-star hotel The Pines, the first to offer poolside suites with private access to saltwater swimming pools.
Other on-going tourism-related projects by Yong Tai include the Courtyard Marriot Melaka, a 4-star hotel with 284 rooms, and The Apple, Melaka’s first serviced apartment. Both developments are expected to be completed by January 2019. Terra Square, a mixed use commercial development, will also be built by Yong Tai Berhard as part of Impression City and expected to be completed in Q4 2019.
Yong Tai has received multiple compliments from online reservation providers for its managing of The Pines, which has an average annual occupancy rate of 70%. The same management will also be managing The Dawn and The Apple upon completion.
Why You Should Invest Property in Malacca?
Melaka has always been a popular tourist destination. Its tourist arrivals was already an impressive 7.2 million back in 2008, before it was successfully inscribed as a UNESCO World Heritage Site. Since then, the number of tourists visiting Melaka has more than doubled to 16.8 million in 2017, with one million visitors accounted for under medical tourism. With four private hospitals, 300 specialists and 1,200 beds, Melaka has become known for medical tourism as well. The majority of these visitors come from Indonesia, which has direct flights from Jakarta and Balik Bapan to Melaka.
But the majority of Melaka visitors are Singaporeans, which is estimated to make up 25 to 30 per cent of total arrivals and more during weekends and school term holidays. Culture lovers would head over to visit historical landmarks such as the Malacca Sultanate Palace, Stadthuys Square, A’Famosa (Porto de Santiago) and the famous Jonker Walk.
Being Singaporeans, food is never far from our minds. Many foodies travel up over the weekend not just for the heritage and culture, but also to enjoy a nice bowl of nyonya laksa, satay celup or a nice cool gula Melaka chendol or coconut shake. Many schools also organise field trips for their students to visit the city and learn about its rich history and culture.
For these Singaporeans, traveling to Melaka will be even more easy and convenient when the high speed rail express & inter-city link (HSR), which connects Singapore, Malaka (via Ayer Keroh) and Kuala Lumpur, opens by 2026. The time taken to travel from Singapore to KL will be reduced from five hours to just 1.5 hours, while traveling to Melaka becomes a 60 minutes ride away, possibly even less.
Traverse across 600 years of Melaka’s history in a 70-min spectacle
Encore Melaka, a 70-min spectacle is also expected to premiere in July, which will result in a new wave of tourists who will travel to city just to catch the performance, helmed by Chinese director Wang Chaoge and the team behind China’s famous Impression Series which includes famed director, Zhang Yimou. Encore Melaka will be an immersive theatre involving projection mapping, intricate theatre props and costumes, and a blend of traditional and contemporary dance performed by 200 local performers.
Proving that the show is highly anticipated by audiences around the world, 1 million tickets to the show have already been committed by travel agencies since January 2018.
Limited tickets to Encore Melaka are currently available for purchase in Singapore.
All in all, The Dawn is an excellent investment choice – a quality property in a city known for its culture and heritage that is set to see its tourism number hit another high with the start of Encore Melaka. Register your interest for The Dawn Hotel here.