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Mixed Development: Is This the Perfect Investment? (Malaysia CIQ)

Summary

Quick Abstract

Discover the secrets behind the success of a thriving Malaysian mixed-use development, a case study in community building! This summary explores how "Misty Watermelon" (a successful development) achieved full occupancy by prioritizing convenience and catering to diverse needs.

Quick Takeaways:

  • On-site supermarket (Bila Bila) offers cafes, halal options, and even beer/wine, fulfilling daily needs.

  • "Shampoo Street" provides services like barber shops, salons, dentists, and diverse food options.

  • Excellent public transportation access, including bus stops and shuttle services.

  • Ample, well-designed parking, a crucial but often overlooked detail.

  • Modern office spaces attract employees who become local consumers.

  • Hotel-like management for short-term rentals simplifies the process for owners.

  • High-quality apartment design with practical features like sandpaper flooring and thick glass.

Learn how strategic planning and attention to detail created a highly desirable living and working environment. Plus, a special note for foreigners looking to invest in property!

The Success Story of Misty Watermelon: A Comprehensive Development Case Study

This article will explore the reasons behind the success of the Misty Watermelon development, examining its key features and how they cater to the needs of tenants, business owners, and workers alike. We will delve into aspects such as convenience, transportation, parking, and overall living experience.

Convenience Stores: Meeting Daily Needs

One of the major advantages of Misty Watermelon is the presence of convenient shopping options. Residents appreciate having access to essential items and services right at their doorstep.

  • Bila Bila Supermarket: The development boasts its own branded supermarket, Bila Bila, which caters to a wide range of needs.

    • It offers a diverse selection including cafes, desserts, sandwiches, fresh produce, frozen foods, and even a halal section.

    • It also sells alcoholic beverages like red wine and beer, as well as products containing pork, catering to Malaysia's diverse ethnic groups.

  • Accessibility: The supermarket is comprehensive, providing everyday necessities, including medicine and other essential items. The extended opening hours also add convenience.

Shampoo Street: A Hub of Services and Amenities

"Shampoo Street" within the development provides a wide array of services that contribute to the overall convenience and appeal of the location.

  • Diverse Offerings: Shampoo Street includes barber shops, beauty salons, dentists, Pilates and yoga studios, and a food court.

  • Culinary Variety: The food court features Japanese, Western, health-focused, and Chinese cuisine.

  • Additional Services: Nail salons, Chinese shops, bread shops, internet services, tattoo parlors, cafes, and photography studios are also available. This variety of services caters to a wide range of needs and preferences.

  • Shopping Mall: The presence of a shopping mall further enhances the convenience and provides even more retail options. This caters to tenants, business owners and workers.

Transportation: Easy Access for All

Public transportation is a crucial element in the success of Misty Watermelon.

  • Bus Stop Proximity: The development is conveniently located next to a well-designed bus stop, facilitating easy access to public transportation.

  • Shuttle Service: Misty Watermelon also provides its own shuttle bus service, connecting residents to key locations.

  • Cost Savings: Public transportation helps residents avoid high fuel costs and tolls associated with driving in Kuala Lumpur.

Parking Facilities: Addressing a Common Problem

Adequate parking is a often overlooked but critical factor in the success of a development.

  • Sufficient Capacity: Unlike many developments that suffer from insufficient parking, Misty Watermelon offers multiple parking lots with ample space.

  • Mall-Like Experience: The parking facilities resemble those of a shopping mall, creating a more pleasant and convenient experience for consumers.

  • High Usage: The consistently full parking lots demonstrate the popularity and success of the development. There are at least three floors.

Office Buildings: Creating a Built-In Customer Base

The inclusion of office buildings is a strategic element that drives business within the development.

  • Employee Traffic: Office buildings bring in a large number of employees who contribute to the local economy by frequenting the shops and services.

  • Company Transfers: Large companies may choose to relocate employees to the area, further boosting the demand for housing and services.

  • Residential Appeal: Over time, office workers may be drawn to the convenience of living near their workplace and choose to purchase properties within the development.

  • Aesthetics: The office building's design, lighting, and overall ambiance create a positive and professional environment, attracting both businesses and employees.

Hotel Management Services: Simplifying Short-Term Rentals

Misty Watermelon offers hotel management services, simplifying the process of short-term rentals for property owners.

  • Rental Management: Owners can delegate the management of their short-term rental units to a dedicated company.

  • Hotel-Like Services: This service includes key handling, guest registration, room cleaning, and booking system management.

  • Comprehensive Handbook: The management team provides comprehensive guidance and support to property owners.

  • Resident Satisfaction: The availability of hotel management services contributes to increased resident satisfaction.

Resident Experience: A Comfortable and Modern Lifestyle

Living in Misty Watermelon offers a high-quality living experience.

  • Well-Maintained Environment: The development is meticulously maintained, creating a positive first impression.

  • Comfort and Convenience: The emphasis on comfort and convenience is evident throughout the development.

  • Modern Design: The elevators feature a modern design and pleasant fragrance, enhancing the overall experience.

  • Lighting: The corridors are well-lit, creating a welcoming and safe environment.

  • Quality Materials: Glass is used extensively in the design, contributing to the modern aesthetic.

Unit Features: Quality and Functionality

The residential units in Misty Watermelon are designed with quality and functionality in mind.

  • Sandpaper Flooring: The use of sandpaper flooring provides added safety, particularly for children and the elderly.

  • Modern Kitchens: The kitchens feature modern designs and high-quality appliances from reputable brands like Electrolux.

  • Sound Insulation: The thicker glass (8.38mm) used in the units provides better sound insulation and enhanced safety.

  • Balcony Design: The balconies are designed with a modern aesthetic and durable flooring.

  • Modern Bathrooms: The bathrooms are designed with a modern aesthetic and high-quality fixtures.

Future Opportunities: Expansion and New Projects

While the specific units featured are sold out, the developer is planning a new project near the high-speed railway, adhering to comprehensive standards. Foreigners can purchase starting at a 600,000 yuan threshold. The available types include studio, double key, two-room, and three-room units. Further information can be found by clicking the links provided.

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