BY Pavither Sidhu
Malacca has attracted more than 12 million tourists in 2015 alone because of its strategic position between Kuala Lumpur and Singapore, offering visitors easy access to a UNESCO World Heritage Site.
To further unlock the potential of this historic city, the Chinese government has invested RM43 billion in developing a deep-sea port and ocean park in Malacca, which is poised to be the largest port in the region.
The commercial benefits brought about by the teeming of visitors in places such as Melaka Raya has expanded to Kota Laksamana, which is slowly becoming the new nucleus of business growth in Malacca.
Taking advantage of these factors, Teladan Setia Sdn Bhd has embarked on a promising development along Jalan Kota Laksamana. The Atlantis Residences, fronting the sea, will augur well for investors looking to reap high rentals and capital appreciation with its quick access to the city’s major tourist attractions.
Nestled on a 5.3-acre site, the RM589 million project comprises four towers of serviced apartments standing at 40 storeys each.
Featuring 1,360 units in seven different designs, buyers and investors have the podium, city or sea views to choose from. Units come with built-ups from 689sq ft to 1,378sq ft, ranging from one bedroom and one bathroom up to three bedrooms and three bathrooms.
There are also penthouse duplex units of three different designs with built-up areas of between 2,110sq ft and 2,755sq ft. Units here will come with either three bedrooms or four bedrooms and four bathrooms.
To enhance the luxurious living experience here, concierge services will be available to ensure the complex is at its functional best and residents’ requests are addressed efficiently at all times. An added advantage is that this service also assists owners in the leasing of units to ensure they enjoy the expected rental returns.
Priced between RM450psf and RM500psf, The Atlantis Residences is poised to change both the skyline and landscape of Malacca with its majestic presence at the very heart of the city.
In the centre of the four towers lies the facilities deck on beautifully landscaped grounds. Designed with a resort-like ambience in the middle of the bustling city, it will ideally blend urban lifestyle with the tranquility of a holiday paradise.
Investors and buyers alike can bank on the location as the project is a mere five-minute drive away from the famed Jonker Street. The geographical advantage enhances its potential for capital appreciation.
In addition, a range of comprehensive facilities here will allow residents to indulge in a variety of recreational activities such as the those located on the 7th floor featuring a swimming pool, kids pool, aqua gym, Jacuzzi, sauna, gym, multi-purpose hall and barbecue park. There is also space dedicated to a children’s playground on the ground floor.
The towers are connected via sky bridges serving as viewing galleries and corridors to enjoy the cool breeze.
Safety is ensured as the gated-and-guarded residence, surrounded by perimeter fencing, is equipped with a multi-tier security system which includes security card access to different parts of the complex. Additionally there will be 24-hour CCTV surveillance as well as security patrols.
Getting to The Atlantis Residence is convenient as it is easily accessible via the North-South Highway via the Ayer Keroh toll.