Type: 0 bedroom Apartment, Penthouse, Pre Construction, Residential complex, Studio

Knight Knox International Ltd are pleased to offer the Kiara 3 development, Kuala Lumpa

Guaranteed Rental 6.5% for 2 years !!!

The development is located on 1.98 acres of land; with access from Jalan Kiara 3 and the proposed Jalan Kiara 4 road. Kiara 3 will consist of a single tower of 24 floors, with the first 3-5 floors being allocated to residents and visitors parking followed by the podium level which will house the developments facilities. Thereafter each floor will consist of 8 apartments per floor; with a total of 160 apartments.In the central common area of each floor there will be 3 elevators servicing the tower.

6.6 Facilities and Amenities
Swimming and Wading Pool
Barbeque Pit
Children%u2019s Playground
Landscape Garden
Reading Room
Gym
Games Room
Laundry
Sauna
Cafeteria
Nursery
Squash Courts

Unit Type Size
Range
(RM)
Price Range
(GBP)
A 1,598 sqf 1,017,800 %u20131,292,600 (£162,848 %u2013 £206,816)
B 1,518 sqf 967,300 %u2013 1,228,500 (£154,768 %u2013 £196,560)
A1 2,635 sqf 1,939,400 (£310,304)
Penthouse 3,115 %u2013 3,205 sqf 2,728,900 -2,804,800 (£336,624 %u2013448,768)

Guaranteed gross rental yield of 6.5%
Knight Knox is offering clients purchasing a unit in Kiara 3 Phase 2 a
guaranteed gross yield of 6.5% for a period of 2 years from date of
handover of their unit36.

Positive Factors for Investing In Malaysian Property
2007 saw economic growth of 6.3%; its fastest growth in 3
years.
Limited effect of sub prime crisis due to strong domestic
demand.
Stable inflation and interest rates.
Increasing human capital and rising earning power.
Service sector is the fastest growing areas of the economy.
Ninth Malaysian Plan will see a further RM220 Billion (GBP
35.2 billion) invested into development and economic projects.
In 2008 the government will allow EPF withdrawals to be put
into housing loans.
Declining corporate tax rate.
The Malaysian Ringgit is likely to appreciate further in 2008/9.
Low unemployment (below 4%).
Ranked 14th country in the world in terms of FDI attractiveness.
FDI increased by 69% in 2007.
Rapid urbanisation.
Government legislation encouraging foreign property investment.
Property prices are still considered to be undervalued when
compared to other cities in Asia.
Buying costs are very low in Malaysia at between 3.4% to
6.75% of the property value, including agent%u2019s commission.
Strong domestic demand in the property market.
Stable capital appreciation and rental yields.
LTV 75% and low interest rates.

ECONOMY
The Malaysian economy continues to grow in 2008 following its
strongest performance in three years in 2007 with the economy growing
by 6.3%. Growth forecasts for 2008 have recently been increased from
5.4% to 5.8%.
Although export performance for 2007 had been weak; strong domestic
demand should help to sustain growth in 2008. Strong private
consumption is likely, given favourable consumer sentiment, low
inflation, high commodity prices, and stable interest rates.
The country%u2019s inflation rate which currently stands at 2.8% has been
stable over recent years despite rising commodity prices and increasing
domestic demand.
Robust macroeconomic fundamentals and an official tolerance for a
stronger currency will result in a continued but measured appreciation of
the Ringgit through 2008 and 2009
Malaysia is ranked the 14th most attractive country in terms of FDI which
has increased by 67% in 2007.

COUNTRY PROFILE
Malaysia is in the heart of South East Asia, bordered by Thailand and Singapore
Population: 26.6 million; with 70% having received secondary education or higher
Low unemployment of 4%
Ranked 14th most attractive country in terms of FDI
FDI increased by 52.8% in 2006
Stable inflation and low interest rates
Malaysian Ringgit expected to appreciate through 2008/9
In 2008 the government will allow EPF withdrawals to be put into housing loans injecting an estimated RM 9.6 billion into the economy; creating a buoyant domestic property market
The country%u2019s economy is driven by manufacturing and service sectors
In 2007 annual GDP growth was 6.3%
The growing economy is leading to higher incomes and growing spending power
High office occupancy levels - 96% within the Golden Triangle
Limited effect from the sub prime crisis due to strong domestic demand
LOCATION
Mont Kiara, Kuala Lumpur
KL is the capital of Malaysia and a modern world-class city of nearly 2 million people, the
largest in the country
Mont Kiara is an established and up market neighbourhood and popular with both
expatriates and upper middle class Malaysians
Located close to international schools, shopping centres and restaurants. Mont Kiara is
located approximately 15 minutes from central KL and within 2 minutes of 3 international
schools
It is one of the main regions of interest to multinational companies
The area is likely to see strong capital appreciation and rental demand given current market conditions
The area is 70-80% owner occupied with strong demand for rental accommodation.



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