{"id":7112,"date":"2015-10-20T11:43:11","date_gmt":"2015-10-20T11:43:11","guid":{"rendered":"https:\/\/www.asiabankersclub.com\/?post_type=press_release&#038;p=7112"},"modified":"2022-06-01T10:17:54","modified_gmt":"2022-06-01T10:17:54","slug":"luxury-residence-in-kuala-lumpurs-embassy-enclave","status":"publish","type":"press_release","link":"https:\/\/www.asiabankersclub.com\/press_release\/luxury-residence-in-kuala-lumpurs-embassy-enclave\/","title":{"rendered":"Luxury Residence in Kuala Lumpur&#8217;s Embassy Enclave"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7112\" class=\"elementor elementor-7112\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2a568259 elementor-section-full_width elementor-section-height-min-height elementor-section-height-default elementor-section-items-middle\" data-id=\"2a568259\" data-element_type=\"section\" 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fill=\"#003057\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cb7f62 elementor-widget elementor-widget-text-editor\" data-id=\"7cb7f62\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>20th October 2015<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cb930f elementor-widget elementor-widget-heading\" data-id=\"7cb930f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Luxury Residence in Kuala Lumpur's Embassy Enclave<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6d563f2 elementor-widget elementor-widget-text-editor\" data-id=\"6d563f2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"margin-bottom: 25px; text-align: center;\"><span style=\"color: #3b3b3b; font-family: Lato, Helvetica Nueue, Helvetica, Arial, sans-serif;\"><b>LUXURY RESIDENCE IN KUALA LUMPUR\u2019S EMBASSY ENCLAVE PRICED FROM HKD1.9 MILLION<br \/><\/b><\/span><b style=\"color: #3b3b3b; font-family: Lato, 'Helvetica Nueue', Helvetica, Arial, sans-serif; font-style: inherit;\">Ringgit depreciation provides opportune moment for investment in the Malaysian Capital\u00a0<\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c8b776 elementor-widget elementor-widget-image\" data-id=\"6c8b776\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.22.0 - 26-06-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1600\" height=\"900\" src=\"https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/05\/Aria-Luxury-Residence-Lounge.jpg\" class=\"attachment-full size-full wp-image-4254\" alt=\"\" srcset=\"https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/05\/Aria-Luxury-Residence-Lounge.jpg 1600w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/05\/Aria-Luxury-Residence-Lounge-300x169.jpg 300w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/05\/Aria-Luxury-Residence-Lounge-1024x576.jpg 1024w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/05\/Aria-Luxury-Residence-Lounge-768x432.jpg 768w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/05\/Aria-Luxury-Residence-Lounge-1536x864.jpg 1536w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d5ce79 elementor-widget elementor-widget-text-editor\" data-id=\"2d5ce79\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Hong Kong, October 20, 2015 \u2013 Asia Bankers Club today announced that it has been appointed by Hap Seng Land Sdn Bhd (a wholly-owned subsidiary of Bursa Malaysia-listed Hap Seng Consolidated Bhd) to market the company\u2019s most ambitious project to-date, Aria Luxury Residence.&nbsp; This 598-unit freehold development is the perfect example of value investment due to its strategic location within the prestigious Kuala Lumpur\u2019s embassy enclave and its proximity to Kuala Lumpur\u2019s Central Business District.<em>&nbsp;<\/em><\/p>\n<p>\u201cThe Southeast Asian city of Kuala Lumpur has always been a popular destination for foreign investments due to its warm climates, multi-cultural society, delectable cuisine, and hospitable locals. With the recent currency depreciation, it is an ideal moment for investors to purchase KL properties at a lower price. The consolidation in property prices as a result of the weakening ringgit is similar to what happened to the Hong Kong property market during the SARS outbreak,\u201d says Kingston Lai, CEO of the Asia Bankers Club.<\/p>\n<p>As a result of this golden opportunity for capital gains with low investment entry, the Asia Bankers Club, along with its subsidiary Golden Emperor Properties, is launching ARIA, a luxury residence in KL, to Hong Kong investors. This prime development is located in the sophisticated and premium neighborhood of KL\u2019s embassy enclave and is minutes away from the KLCC Twin Towers. With unit prices starting from HKD1.9 million, investors only need to provide a down-payment of HKD100,000 with the majority financed through a mortgage of up to 80% and the developer\u2019s early bird discount.<\/p>\n<p>ARIA was designed with the concept of musical fluidity that combines beauty and functionality. The project boasts one of the largest spread of facilities in the city centre with 1.5 acres of leisure spaces across four zones named after the voice classifications of Bass, Tenor, Baritone, and Soprano. Accessibility is also a key factor as the proposed new KLCC East MRT station is located minutes away by foot from the development. Moreover, shopping and entertainment destinations such as Pavilion KL, the new TREC (Malaysia\u2019s first purpose-built entertainment destination), the exclusive Royal Selangor Golf Club, and the KLCC Park are just a stone\u2019s throw away.<\/p>\n<p>\u201cDespite the current uncertainty of the KL economy, we believe that this is the best time to invest in KL properties for various reasons. Firstly, we believe that the Ringgit depreciation is short-lived and a rebound is imminent due to historical currency trends. Secondly, investors should take advantage of this temporary economic downturn as it provides the best chance to purchase premium deals at a substantially reduced price,\u201d Lai adds.<\/p>\n<p>The Hong Kong launch of ARIA will take place on the 7 \u2013 8 November 2015 in The Park Lane Hong Kong, 27\/F, Park Lane Rooms IV \u2013 V, 310 Gloucester Road, Causeway Bay.<\/p>\n<p>For further information on the Asia Bankers Club and the ARIA launch, please visit&nbsp;<a href=\"http:\/\/www.asiabankersclub.com\/\">www.asiabankersclub.com<\/a>&nbsp;or contact us on&nbsp;<a href=\"mailto:contact@asiabankersclub.com\">contact@asiabankersclub.com<\/a>.<\/p>\n<p><b><u>About Asia Bankers Club<\/u><\/b><\/p>\n<p>The Asia Bankers Club is an investment club for banking and finance professionals in Asia. With a vast member base, the Asia Bankers Club organizes events for its members and provides physical assets for investments, such as properties, fine wines, art, timepieces, and collectables. Our members are from top tier investment, private and consumer banks, asset management companies, private equity firms, hedge funds, and sovereign wealth funds primarily located in key financial centres.<\/p>\n<p><span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.asiabankersclub.com\">www.asiabankersclub.com<\/a><\/span><\/p>\n<p><u><b>About Hap Seng Consolidated Bhd<\/b><\/u><\/p>\n<p>Hap Seng Consolidated Bhd is a progressive and well-established publicly listed company with diversified businesses in plantations, property investment and development, credit financing, trading of fertilisers and automotives, as well as building materials and stone quarries.<\/p>\n<p>Ranked at no. 29, by market capitalization, out of 814 companies listed on the main board of Bursa Malaysia Securities Berhad, Hap Seng Consolidated\u2019s market capitalization stood at RM13.2 billion as at 9<sup>th<\/sup>&nbsp;October 2015.<\/p>\n<p><a href=\"https:\/\/www.asiabankersclub.com\/press_release\/luxury-residence-in-kuala-lumpurs-embassy-enclave\/www.hapseng.com.my\"><u>www.hapseng.com.my<\/u><\/a><\/p>\n<p><u><b>About ARIA<\/b><\/u><\/p>\n<ul>\n<li>Freehold condominium completing Q2 2019<\/li>\n<li>Developed by an established property developer \u2013 Hap Seng Land Sdn Bhd (a wholly-owned subsidiary of Bursa Malaysia-listed Hap Seng Consolidated Bhd)<\/li>\n<li>10 minutes\u2019 walk from KLCC Twin Towers and located within the diplomatic enclave at the heart of KL City Centre<\/li>\n<li>Unit sizes ranging from 630 sq.ft. to 1,502 sq.ft.<\/li>\n<li>65,000 sq.ft. (1.5 acres) of facilities<\/li>\n<li>Total 598 units (299 units per tower), up to 46 storeys high<\/li>\n<li>Price from HKD 1.9M or HKD2,900 per sq.ft.<\/li>\n<li>Bank financing of up to 80% for foreigners and 90% for Malaysians*<\/li>\n<li>Expected gross rental yield of 6% p.a.*<\/li>\n<li>Maintenance fee of RM0.55 per sq.ft.<\/li>\n<li>100% foreign eligibility<\/li>\n<\/ul>\n<p>*Terms &amp; conditions apply<\/p>\n<p><a href=\"http:\/\/www.ariaklcc.hapsengland.com\/\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.ariaklcc.hapsengland.com<\/u><\/a><\/p>\n<p><br><\/p>\n<p><strong><u>Reference Images:<\/u><\/strong><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-4692 lazyloaded\" src=\"http:\/\/abcltd.apptisan.com.hk\/wp-content\/uploads\/2017\/02\/02-pool-04H-low-res.jpg\" sizes=\"(max-width: 800px) 100vw, 800px\" srcset=\"https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/02-pool-04H-low-res.jpg 1000w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/02-pool-04H-low-res-300x169.jpg 300w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/02-pool-04H-low-res-768x433.jpg 768w\" alt=\"02 - pool - 04H (low-res)\" width=\"800\" height=\"451\" data-srcset=\"https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/02-pool-04H-low-res.jpg 1000w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/02-pool-04H-low-res-300x169.jpg 300w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/02-pool-04H-low-res-768x433.jpg 768w\" data-src=\"http:\/\/abcltd.apptisan.com.hk\/wp-content\/uploads\/2017\/02\/02-pool-04H-low-res.jpg\" data-sizes=\"(max-width: 800px) 100vw, 800px\"><\/p>\n<p><strong>Above<\/strong>: With almost 65,000 sq. ft. of facilities, Aria pampers residents with one of the largest leisure spaces in Kuala Lumpur.&nbsp; The facilities floor of&nbsp;ARIA&nbsp;overlooks the expansive and picturesque grounds of the prestigious Royal Selangor Golf Course; such picturesque golf course views are extremely rare in KL as very few buildings are situated in the vicinity of the RSGC<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-4693 size-full lazyloaded\" src=\"http:\/\/abcltd.apptisan.com.hk\/wp-content\/uploads\/2017\/02\/14-type-D-living-02H-800x600.jpg\" sizes=\"(max-width: 800px) 100vw, 800px\" srcset=\"https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/14-type-D-living-02H-800x600.jpg 800w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/14-type-D-living-02H-800x600-300x225.jpg 300w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/14-type-D-living-02H-800x600-768x576.jpg 768w\" alt=\"14 - type D living - 02H (800x600)\" width=\"800\" height=\"600\" data-srcset=\"https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/14-type-D-living-02H-800x600.jpg 800w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/14-type-D-living-02H-800x600-300x225.jpg 300w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/14-type-D-living-02H-800x600-768x576.jpg 768w\" data-src=\"http:\/\/abcltd.apptisan.com.hk\/wp-content\/uploads\/2017\/02\/14-type-D-living-02H-800x600.jpg\" data-sizes=\"(max-width: 800px) 100vw, 800px\"><\/p>\n<p><strong>Above<\/strong>: Selected units provide an unobstructed view of the city skyline, including breathtaking views of the KLCC Twin Towers<\/p>\n<p><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6185dbc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6185dbc\" data-element_type=\"section\" id=\"publication_related_posts\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-731e320\" data-id=\"731e320\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5696031 elementor-widget elementor-widget-heading\" data-id=\"5696031\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Related Posts<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d155e87 elementor-posts--thumbnail-top elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-posts\" data-id=\"d155e87\" data-element_type=\"widget\" id=\"publication-detail-page-related-posts\" data-settings=\"{&quot;custom_columns&quot;:&quot;3&quot;,&quot;custom_columns_tablet&quot;:&quot;2&quot;,&quot;custom_columns_mobile&quot;:&quot;1&quot;,&quot;custom_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:35,&quot;sizes&quot;:[]},&quot;custom_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;custom_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.custom\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/www.asiabankersclub.com\/wp-content\/plugins\/elementor-pro\/assets\/css\/widget-posts.min.css\">      <div class=\"ecs-posts elementor-posts-container elementor-posts   elementor-grid elementor-posts--skin-custom\" data-settings=\"{&quot;current_page&quot;:1,&quot;max_num_pages&quot;:&quot;5&quot;,&quot;load_method&quot;:&quot;&quot;,&quot;widget_id&quot;:&quot;d155e87&quot;,&quot;post_id&quot;:7112,&quot;theme_id&quot;:7112,&quot;change_url&quot;:false,&quot;reinit_js&quot;:false}\">\n      \t\t<article id=\"post-55143\" class=\"elementor-post elementor-grid-item ecs-post-loop post-55143 press_release type-press_release status-publish hentry\">\n\t\t\t\t<div data-elementor-type=\"loop\" data-elementor-id=\"1395\" class=\"elementor elementor-1395 post-55143 press_release type-press_release status-publish hentry ast-article-single\">\n\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-916b156 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"916b156\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3690f5d\" data-id=\"3690f5d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fe4fa08 elementor-widget elementor-widget-shortcode\" data-id=\"fe4fa08\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\">\n  <div id=\"publication-featured-image-box\" class=\"elementor-button-wrapper\">\n    <a href=\"https:\/\/www.asiabankersclub.com\/press_release\/ustour\/\" title=\"Press Release - 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