TASWEEK expands hospitality investment with construction of third luxury villa in Malaysian ‘Casabrina’ joint venture

TASWEEK Real Estate Development and Marketing, an advisor and solutions provider serving the property markets, has announced that work on the third unit investment of an 11-villa resort being developed under a joint venture with Casabrina Vacation Villas has begun. The latest Villa will form part of the sprawling luxury Casabrina Vacation Villas luxury vacation complex located at the foothills of Pahang, the largest state in West Malaysia.

The announcement follows the recent completion of two villas. ‘Villas Amertani’ features 4 bedrooms, a large living area and teakwood balconies, while the more intimate ‘Villas Aranya’ has two bedrooms, a pool and gardens. All Villas will provide panoramic views of the surrounding ancient rainforest and is a masterpiece of the renowned Balinese architect AA Yoka Sara who has been commissioned to design the rest of the upcoming villas as well. Felix Tree, the renowned Malaysian entrepreneur, is the creative force behind the ambitious development.

TASWEEK will market nine of the boutique villa-hotels spread over 30 acres of lush hillside land under a Shariah-compliant scheme. The firm has partnered with a major Malaysian financial institution to provide long-term and highly competitive mortgage instruments to interested buyers from the Middle East. TASWEEK will also offer special promotional packages to visitors from the GCC who want to book any of the luxurious villas, thus grooming the development as a tourism gateway between travel-savvy Gulf residents and Malaysia.

“Casabrina Vacation Villas offers a vacation experience like no other to tourists, especially Arabs who will be definitely impressed by the surrounding scenery, the excellent hospitality services, and the outstanding amenities. It is also an opportunity that should not be missed by investors from our region who want to capitalize on Malaysia’s thriving tourism and real estate businesses. We encourage local investors to support this project and other developments that help strengthen tourism ties with Malaysia,” said Masood Al Awar, CEO, TASWEEK Real Estate Marketing and Development.

Upon completion, Casabrina Vacation Villas will offer 11 2- to 8-bedroom villas occupying between 1 and 3 acres of hillside land. No restrictions on foreign ownership will be imposed on the freehold units. Casabrina Vacation Villas is jointly owned, developed, operated and marketed by TASWEEK and Casabrina Vacation Villas.

The hillside development is surrounded by a 130-million-year-old virgin rain forest and is strategically situated just under an hour’s drive from Petronas Twin Towers, the famous landmark of Kuala Lumpur, the bustling federal capital of Malaysia. It is an excellent deal for Arab investors interested in leveraging Malaysia’s strong global appeal as a tourist gateway to Asia. Aside from being treated to a spectacular scenery of waterfalls, rivers and lush forestry and a refreshing tropical climate, guests can also avail of nearby golf courses, in-villa spa suites and wellness facilities.

The more adventurous can try out some casual river walks, whitewater rafting, jungle trekking, night safaris, lakeside fishing, paint ball games and helicopter rides. They can also explore several popular tourist spots in Pehang, such as Taman Negara National Park, Malaysia's oldest national park, and Tioman, which was once nominated as the most beautiful island in the world.

TASWEEK Real Estate Development and Marketing offers an attractive USD 250 million portfolio of some of the world’s foremost property projects. Backed by over 20 years of innovation and market leadership in the MENA region, TASWEEK offers its services for Purchase and Sale of Strategic Assets; Asset Management; Joint Ventures and Strategic Alliances; and Marketing Consultancy.

sourced:traveldailynews.asia