Cover The private lift lobby at George Y. Residence in Kuching (All images: Naim Properties)
The private lift lobby at George Y. Residence in Kuching (All images: Naim Properties)
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We discuss the draw of Sarawak in Malaysia, and why luxurious developments such as George Y. Residence and Sapphire Luxury Homes by Naim Holdings are among the properties to watch
Located on Borneo Island, Sarawak is the largest state in Malaysia, and is famous for its vast rainforests, rich cultural heritage, and unique culinary offerings; a unique mix that makes the state one of the most popular tourism and investment destinations in Malaysia.
The capital, Kuching, is a UNESCO-designated creative city of gastronomy and home to top-draw international events such as the Rainforest World Music Festival, while other cities such as Bintulu and Miri are fast becoming industrial and energy powerhouses. Bintulu has been identified as a key area for economic growth in sectors such as oil and gas, manufacturing, tourism, and social services. Furthermore, Bintulu is also known for housing the Borneo International Kite Festival and Lantern Carnival. Miri is the main tourist gateway to heritage sites, eco-tourism, and cultural destinations that attract visitors from all over the world to events such as the Borneo Jazz Festival and the Asia Music Festival.
Recognising Sarawak’s emerging status as a hotspot for foreign businesses, investors, and homeowners, leading Malaysian developer Naim Holdings is constructing a wide range of strategically located houses and high-rise residences in the state.
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The lobby of George Y. Residence in Sarawak
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The crown jewels of Naim’s portfolio are the George Y. Residence and the Sapphire Luxury Homes (Deluxe) properties within Kuching Paragon, 33-acre integrated development that is just a 15-minute drive from Kuching International Airport and 10 minutes from the city centre and sited adjacent to the proposed Automated Rapid Transit (ART) train station on the Samarahan Line.
The low-density George Y. Residence development comprises 17 spacious luxury homes sized from 2,314 to 5,489 sq ft that are located amid lush tropical surroundings. Amenities include an Olympic-sized saltwater pool, rooftop terrace, business centre, private medical consultation room, café, bistro, and private lifts, while a six-tier security system that includes facial-recognition features ensure safety and peace of mind for the residents. In addition, there is a special electric vehicle charging station, which is fantastic news for electric car drivers.
“Given our group’s efforts to promote sustainable development, we believe that adding green amenities such as the electric vehicle charging station is paramount. Corporates must come together and work towards advocating environmental sustainability within developments,” says Datuk Hasmi Hasnan, group managing director of Naim Holdings Berhad.
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The living area of a show unit in the George Y. Residence in Kuching
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The Sapphire Luxury Homes (Deluxe) development, which is also protected by a robust security system, features 206 units ranging from 1,291 to 3,390 sq ft as well as facilities such as a function hall, games room, sauna, gym, swimming pools, and a playground, among others.
Various nature parks and attractions such as Semenggoh Nature Reserve, Bako National Park, and Mount Santubong are also less than an hour’s drive away.
Above The Peak Condominium Homes in Bintulu Paragon
Above A view of the property at night
The Peak Condominium Homes in Bintulu Paragon
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In Bintulu, The Peak Condominium Homes stands tall as Sarawak’s loftiest condominium tower, incorporating a wide range of stylish suites, studios, two- and three-bedroom units and duplex units. The 34-storey property is located within Bintulu Paragon, an integrated development with office towers, restaurants, retails, a landscaped piazza, Naim Street Mall, and a hotel, Fairfield by Marriott.
Meanwhile, homeowners who prefer the spacious comforts of landed properties might want to consider RiverDale by The Lake at SouthLake, Permyjaya Miri, a precinct comprising 27-acre vacant detached land enclave situated near a scenic 30-acre lake within a secured and guarded community. Buyers can build their dream homes on their own land; this gated development looks out to beautiful views of the lake and river, providing ample opportunities to indulge in recreational activities such as cycling, jogging, or taking a leisurely stroll by the lake. Miri is unquestionably a suitable place for multi-generational living.
Above Buyers can purchase the land at RiverDale by the Lake in Miri to build their dream home on the site
Above A view of the Sapphire Luxury Homes (Deluxe) development in Sarawak
Buyers can purchase the land at RiverDale by the Lake in Miri to build their dream home on the site
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Prices for these developments are as follows: units in the George Y. Residence start from RM1.9 million (S$566,000), while prices for units in Sapphire Luxury Homes (Deluxe) start RM870,000 (SGD 260,000). For abodes in The Peak Condominium Homes, the starting price range from RM690,888 (S$206,000) and upwards, while the detached land at RiverDale by The Lake at SouthLake, Permyjaya Miri start from RM600,888 (S$179,000).
Foreigners who fulfil certain criteria can live in Sarawak with a multiple-entry social visit pass as part of the Sarawak-Malaysia My Second Home (S-MM2H) programme that was announced last September, with approved participants able to buy a home at a minimum price of RM600,000 (S$184,500) per unit in Kuching and RM500,000 per unit in other areas. New and enhanced S-MM2H regulations also allow successful applicants to work or be involved in investment and business activities as part of the programme; the Sarawak SMM2H is governed by the state of Sarawak and is not subject to west Malaysia policy.
With their prime locations and high-quality construction, the developer’s covetable Sarawak properties are poised to be the state’s new face of residential luxury.
The Kuching Sales Gallery Rock Commercial Centre by Naim Properties is located on Green Road, 93150, Kuching, Sarawak, Malaysia; Kuching Hotline: +6 082 416 288, Bintulu Hotline: +6 086 343 881, Miri Hotline: +6 085 491 000. Visit naimproperties.com.my for more information.
Above The Naim Clubhouse at SouthLake Permyjaya Miri
The Naim Clubhouse at SouthLake Permyjaya Miri
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