Swiss-Garden Resort Residences is a freehold development located in Kuantan, Pahang. Phase 1 of the development, named Sand Series, is expected to be completed by November 2014. Phase two, named Pearl Series is scheduled to be launched by the end of 2013. This prestigious project is spearheaded by a well-known player in the development scene, PJD Group.Swiss-Garden Resort Residences has two phase of developments at this time; the Sand Series and the Pearl Series. The Sand Series was launched in October 2011, and consisted of serviced apartments along with 12 units of Town Villas. The Pearl Series which will be launched in Q1 of 2014 will consist of three blocks of 14-storey serviced apartments, and 40 units of Beach Villas. The current serviced apartments are either studio or 2-bedroom units, whereas the upcoming units in phase two would have a bigger size range to cater to larger groups. When first launched, the Sand Series was selling from RM247,000. All units within the Swiss-Garden Resort Residences are fully furnished once bought over from PJD. They offer a Guaranteed Rental Return (GRR) scheme which offers 6.5% per annum for 3 years, along with free 5 days 4 nights at the resort every year. The resorts sees a very high occupancy rate during holiday season which is generally peak season. Swiss-Gardens has hotels worldwide, and are throughly experienced in hotel management, and the serviced apartments will also be managed by Swiss-Garden International Hotel & Inns, ensuring the purchaser that the units are well taken care of.Being a resort residence, Swiss-Garden Resort Residences features extensive facilities including a large pool area with water theme park structures, and half a kilometer of clear sea and sandy beaches. The entire area is carefully landscaped, featuring beautiful gardens and water features. There is a gymnasium and a sauna for the fitness fanatics, a barbecue area for greater appreciation of the great outdoors. A surau, cafeteria and lounge is also available within the grounds.Swiss-Garden Resort Residences is easily accessible, considering it is after all, a resort residence. The East-Coast Expressway allows direct access to the resort from the heart of Kuala Lumpur, being roughly three hours away from the capital city to the east. The Kuantan Bypass allows the visitors from the southern region to bypass the busy town of Kuantan, allowing easy access to Jalan Berserah where the resort is located. A coastal route stretches from the south past the resort and up north, and the views along the coast are breathtaking. Buses regularly service Kuantan from all over Malaysia, and the Sultan Ahmad Shah airport is roughly 22 kilometers away from the resort, to which you can fly from Kuala Lumpur via MAS or Firefly.
Property Details
Name: Swiss-Garden Resort Residences Address: Jalan Kuantan-Kemaman, Sungai Karang, 25100 Kuantan, Pahang Developer: PJD Sejahtera Completion Date Sand Series: Nov 2014 (estimate) Pearl Series: Q4 2016 (estimate) Type: Serviced Apartment, Villa & Retail Tenure: Freehold No. of Storey Sand Series Serviced Apartment: 11
Pearl Series Serviced Apartment: 14
No. of Units Sand Series Studio Serviced Apartment: 88
2-Bedroom Serviced Apartment: 176
Town Villa: 12
Retail: 12
Pearl Series Serviced Apartment: 546
Beach Villa: 40
No. of Bedrooms: 1 - 5 (3+1) Land Area Sand Series: 4.65 acres Pearl Series: 7.34 acres Built-up Serviced Apartment: 445 sf - 1,082 sf Duplex Townhouse (Town Villa): 2,654 sf - 3,051 sf Duplex Townhouse (Beach Villa): 1,819 sf Retail: 258 sf - 1,658 sf Launch Price: RM247,000 – RM1,523,000Layouts
Sand Series Serviced Apartment Studio Suite: 492 sf - 546 sf
2-Bedroom Suite: 708 sf - 774 sf
Town Villa Type H1: 2,654 sf
Type H2: 3,051 sf
Pearl Series Serviced Apartment: 445 sf - 1,082 sf Studio / 1 Bedroom / 1+1 Bedroom / 2 Bedroom / 3 Bedroom
Beach Villa 3+1 bedrooms: 1,819 sf
Facilities
Infinity pool Cafeteria Lounge Gymnasium Games room Wave pool Water slides Lazy river Children's play area Landscaped garden Surau Barbecue area SaunaAnalysis
On paper, the serviced apartments offer great returns in terms of being an investment because the GRR scheme guarantees 19.5% return within three years at the very least. The management is an international hotel chain, therefore their expertise in hotel management can hardly be disputed. Kuantan is also well known for its sandy beaches and being a tourist destination, therefore occupancy rates would not be much of a concern.After the 3 years of Guaranteed Rental Return of 6.5% scheme, the owner of the property can either take back the property, or enter an optional agreement of non-guaranteed rental. Any rental received by Swiss-Gardens would be pool-shared among the owners whom entered the scheme. As the resort has a high occupancy rate owing to the good management of Swiss-Gardens, the rental yield should be substantial.
