Doha: Two of Malaysia’s most unique and ambitious development projects, the Regent Residences Kuala Lumpur and Kenny Heights Estate, were introduced to Qatar recently by a Malaysian delegation. Led by Dr Nasrin Shah Ibni Sultan Azlan Muhibbuddin Shah, Crown Prince of Perak Darul Ridzuan, one of the Malaysian states, the projects’ representatives were in Doha accompanied by representatives from Malaysia International Islamic Financial Centre and Central Bank of Malaysia. The visit aimed at enhancing trade and finance opportunities between Qatar and Malaysia.

The development projects have generated a buzz among Qataris, many excited about the options the Regent Residences Kuala Lumpur and Kenny Heights Estate provide for residence ownership under such programmes as the ‘Malaysia My Second Home’. These programmes offer residential purchase without applying for approval from the Foreign Investment Committee, as well as investment opportunities, credit facilities for housing loans and tax and visa allowances.

Guests at the dinner event were able to view mock-up models of the residence projects which have already emerged as two of Malaysia’s most dynamic in the property market. The projects are led by KH Land and KL Landmark, the developers of Kuala Lumpur’s Kenny Heights and The Regent Residences Kuala Lumpur, respectively.

The Regent Residences Kuala Lumpur will offer a high quality living in Kuala Lumpur city centre with interiors by Sir Terence Conran. The serviced residences share the same tower with the new Regent Hotel Kuala Lumpur and, hence, will offer the added convenience of a five-star hotel services.

Kenny Heights is envisaged to become Kuala Lumpur’s new mid-town. They will offer a gateway to development, embodying the capital’s growing design awareness, as well as its aspirations for a better quality of life by featuring iconic design, public spaces for art and culture and will celebrate nature with open terraces, covered, forested walkways and secret gardens.

Prominent international real estate broker, Engel and Volkers, is the local investment broker for the projects in the Middle East.

“We are delighted to introduce these residential developments to Qatar during this visit alongside financial adviser, Asian Finance Bank, and Engel and Volkers,” said Jennifer Chow, Head of Marketing. “We believe there are no other projects like The Regent Residences Kuala Lumpur and Kenny Heights Estate considering their size, location and innovative concepts. These developments were created by some of the most well-known names in architecture and landscaping and will become the most sought-after addresses of the Kuala Lumpur City Centre.”

Christopher Birkhofer, Managing Director of Engel and Volkers, said: “We provide a service, not just a property. Our target is to create a long-term relationship with our clients and to ensure we provide the same high-standard of service in Doha, as they receive at our original office in Hamburg. The Regent Residences and Kenny Heights developments are valuable investments, as Malaysia’s real estate market continues to expand and remain stable despite global financial conditions.”

Source: http://www.thepeninsulaqatar.com/Display_news.asp?section=Local_News&subsection=Qatar+News&month=December2009&file=Local_News2009120671259.xml

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