Real estate mission - 18th May 2015

More rain this morning but it has cleared away to a cloudy hot day.

Late yesterday we checked out the swimming suits for Erica in Aeon Shopping centre but once again none appealed (especially a little yellow number with a skirt!). She also cast her eye over some veils but decided not to convert! So many sizes and colours to choose from.

Erica Checking some Veils in Shopping Centre copy.jpg

Today we headed of on a real estate mission to The Mahkota Hotel complex. It consists of nine buildings one of which contains the hotel Foyer. We had heard you could get 12 months leases in the residential towers. It is in a very convenient location right in the heart of Melaka business district, close to the major shopping centres and adjacent to The Mahkota Medical Centre Private Hospital.

Roast pork to die for!

Roast pork to die for!

Lunch greens with roasted garlic

Lunch greens with roasted garlic

On the way we stopped for lunch at Famosa Chicken Rice Ball in Jonker Street for roast pork, greens lime juice and fragrant rice. Cost was 31.90RM or $11.25 Australian. A bit expensive as in the tourist area but super yummy. The pork was to die for!

A security guard had to be passed to get to the sales office but he was very helpful and showed us the way. Anny Lim the Assistant Sales Manager then showed us all the glossy brochures and ran through pricing to lease. Most of the condominiums are rented out on a daily basis at rates of around 400RM a night or $140 Australian depending on the season for a 2 bedroom one. The 3 bedroom ones are still much smaller than The Shore one we are in and bring about 500RM or $176 Australian a night as they sleep 6 people.

Pool at Mahkota complex

Pool at Mahkota complex

Waterfront view gone

Waterfront view gone

12 month lease on 2 bedders are 6,500RM per month or $2,288 Australian and 3 bedders are 8,500RM or $2,992 Australian per month. This seemed very high and Anny explained they get high rates because most of their custom is business related. The pool area looked nice but the building seemed a little tired. The glossy brochure showed the sea in front of the complex but now it has been reclaimed and it would be about a kilometre to the ocean. The perils of buying waterfront in Melaka!

The Mahkota Hotel could be a good place to stay in Melaka but its neighbour The Melaka Holiday Inn looks much newer and might be the better choice in this area.

Exotic ice creams

Exotic ice creams

Good cabinetry and kitchen finish at The Shore

Good cabinetry and kitchen finish at The Shore

Long walk back to The Shore via a Giant Supermarket selling Sweet Corn and Yam ice cream amongst other things. One thing we have noticed after inspecting many condominiums in different parts of Malaysia we have to say the standard of finish at The Shore is the best we have seen. Having put in 3 new kitchens in the Byron Bay hinterland and used the best craftsman we both think the cabinetry here is superior. The door gaps are identical and the closing mechanisms better than we had available in Australia. The appliances all fit well and the finish on the cabinetry is excellent. The doors here are all solid ones as are the wardrobe sliding doors and all bathroom fittings are first class. Please Note: we have no financial interest in The Shore Complex nor have we accepted any financial inducements.

Just heading off for my daily walk down the buildings fire stairs and up again. It seems to be getting easier each day although I am still pleased to see Floor 17 come up! The temperature is about 31C in the stairwell so it is a really good workout (some days I do it twice). I am working to that old adage that says, ‘if it doesn’t kill you it will make you stronger!”