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Erina Heights

Not just a location . . . but a Lifestyle

(286844-K)

20-4, Jalan 3/3C, Sri Utara, Batu 7 Jalan Ipoh 68100 Batu Caves, Selangor D.E., Malaysia (T) (F) (E) (W) 603.6250.8131 603.6250.9134 erina_heights@coralvista-my.com www.erinaheights.com www.coralvista-my.com

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Selayang - Rawang Bypass ... Toll-free (under-construction)

- Dual-carriage highway (2 lanes up, 2 lanes down with a middle divider) - Only 12 minutes to the City.

Sg. Choh Exit

a To R

g wan

To Se layan g

Upon Completion, Erina Heights is only 10 to 12 minutes from Batu Caves. Giving it direct access onto the Middle Ring Road and the whole Klang Valley Highway system. This bypass also has direct access onto the Outer Ring Road system (under-construction), linking it to Guthrie Corridor Expressway, Kuang town, West Coast Highway, Klang etc.

Upon completion, this toll-free bypass is probably the most accessible road to Genting Highlands from KL City, KLIA, Southern and Northern Peninsular. Giving Erina Heights direct access to 80% of the Malaysian Population.

PROJECT CONCEPT

34 5 6 7 8 9: 5 ; < = >

AB C D EF G H C I J

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Erina Heights

The Concept

Food & Shopping Haven

Health & Rejuvenating Center

Lakeside Restaurant

Holding Pond Picnic area Bird Park

Waterfall

Safe Jungle Track

11

Indoor & Outdoor Recreational Facilities

Clinic, Nursing & Frail Care Centre

Eagle's Peak Viewing Deck

Exercise Trim Park & Clock Towe

Conferences, Seminars & Training Workshops

11

Erina Heights
Picnic Area

The Concept

Unique Entrance

1 1

3 3 7 7

Park

(Children playground )

6 6

Roman Soldier Water Feature

10 10 Bridge

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8 8

Lakeside Restaurant

TAMAN TAMAN DESA DESA KELISA KELISA

Walk-way along crystal clear stream

Dolphin ter Feature Water Wa

4 4 9 9

Hilltop ClubHouse

Riverside Commercial Area

55

Picnic Area beside stream

Jogging Track

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Picnic Area beside stream

Horse-back Riding

12

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UPCOMING MAJOR DEVELOPMENT

FACT SHEET

1. 2.

LOCATION

FACT SHEET Onto the proposed Genting Highlands Bukit Beruntung Expressway. Direct access onto 3 existing roads and distance from Erina Heights. i) Sg. Tua Ulu Yam Road (23km from Batu Caves) ii) The old Federal Road to Ipoh and Penang (40km from Tesco Jalan Ipoh to EH) iii) North-South Highway through Bukit Beruntung and new Sg. Buaya Toll Exit (40km from Jln Duta Toll to EH) iv) Selayang Rawang Bypass (under-construction) (10 minutes drive from Batu Caves (MRR2) to Erina Heights)

ACCESSIBILITY :

Access to Batang Kali and Serendah Commuter Station (5 to 10 minutes from our site)
3. SURROUNDING DEVELOPMENT :

i) ii) iv) v) vi) vii)

15 minutes to Awana Genting 30 minutes to Frasers Hill 30 45 minutes to most parts of Klang Valley & KL Surrounded by 4 Golf Courses (10 to 30 minutes) Less than 5 mins to Ulu Yam Baru town 5 mins to Bandar Baru Batang Kali

4.

IMMEDIATE NEIGHBOURS

Share the same boundary with:: i) Sekolah Menengah Asrama Penuh Sains Hulu Selangor ii) Taman Desa Kelisa 500 units Bungalow & Semi-D Devt iii) Antara Gapi 1000 acres Mixed Devt completed (500 1000 homes + a primary school) 90 acres 345 Bungalow Units. Land area about 4,000sf to 10,000sf & 4 pieces of Commercial Land Leasehold 99 years Free from Encumbrances Premium and all Contribution Paid

5. 6.

LAND AREA

APPROVED FOR :

7. 8. 9.

LAND TENURE PROPERTY APPROVALS

: : :

10. PROGRESS AT SITE

i) ii) iii) iv)

Completed extensive landscaping (as per Brochure including bridges, lakes, waterfalls and matured trees) Completed 80% of earthwork Completed 40% of infrastructure 62 units of Bungalows 90% completed

11. DEVELOPMENT :
CONCEPT

Due to its proximity between Genting Highlands and KL City Centre / Klang Valley and its surrounding natural beauty Erina Heights and its surrounding area has more waterfalls, streams, lakes, hills, nature at its doorstep than most parts of Malaysia. Erina Heights is developed as an ideal Holiday, Vacation and Retirement Destination.

GROSS DEVELOPMENT VALUE

GROSS DEVELOPMENT VALUE

A. Total number of Bungalow lots 1. Single-storey 2. Double-storey : Total 130 units : Total 80 units

: 210 Lots

B. Total Sales Value 1. Single-storey Phase 1 Phase 2 Phase 3 Phase 1 Phase 2 Phase 3 50 units x RM450, 000 30 units x RM550, 000 50 units x RM650, 000 25 units x RM1, 000, 000 25 units x RM1, 200, 000 30 units x RM1, 200, 000 RM 22, 500, 000 RM 16, 500, 000 RM 32, 500, 000 RM 25, 000, 000 RM 30, 000, 000 RM 36, 000, 000 RM 162, 500, 000

2. Double-storey

Total Sales Value

LESS

C. Construction Cost 1. Single-storey 2. Double-storey 130 units x RM150, 000 80 units x RM300, 000 RM 19, 500, 000 RM 24, 000, 000 RM 43, 500, 000

Total Construction Cost

LESS

D. Balance of Infrastructure Cost

RM 13, 000, 000

LESS

E. Government Fee & Contribution

RM 1, 500, 000

F. Consultancy fees (8% on Construction Cost) Infrastructure = RM 1, 235, 000 Building Construction = RM 1, 617, 000 Marketing cost = RM 1, 325, 000

RM 4, 500, 000

PROJECTED TOTAL EXPENSES PROJECTED PROFIT

RM 62, 500, 000 RM 100, 000, 000

FREQUENTLY ASKED QUESTIONS

FREQUENTLY ASKED QUESTIONS

Q1

WHY SHOULD A TOUR OPERATOR INCLUDE ERINA HEIGHTS INTO THEIR TOUR ITENARY

1. 2.

ERINA HEIGHTS is on the way to Genting Highlands, Frasers Hill, Penang, Cameron Highlands and Langkawi. In short, we are on the main tourist road. With the exception of Genting Highlands, ERINA HEIGHTS has more happenings, events, shows, recreational activities, an environment second to none, food and shopping than any other location. Some of them are as follows. i) Best and most affordable Malay Buffet Restaurant in Malaysia. 10 Food Stations, 52 varieties . All You Can Eat Buffet at only RM15. 4 other Lakeside Restaurants with Dining Deck above water In addition, we have a Flea Market, a Hawker Centre that fronts a Riverside Esplanade . with a man-made 100 ft x 1, 000 ft swimming pool built into a natural stream with childrens slides . Open to public. The largest Petshop with a spectators arena, live shows every weekend and public holidays. A Viewing Deck, Picnic Spots all over to enjoy breathtaking, refreshing mountain view and nature all around. ERINA HEIGHTS is blessed with waterfalls, refreshing natural streams, lakes, forests . Nature At Its Best . Yet it is only 30 minutes from the City. Biggest Jewellery Shop in the country. 20, 000 sf of retail display area selling thousands of semi-precious and precious stones jewellery from as low as RM50 to 10s of thousands. This is sure to be a tourist attraction. Comprehensive spectator recreational sports like jet-ski on an 80-acre lake, a CIKB grade Go-Karting Circuit, Horseback Riding, Paintball Arena, ATV Circuit, RemoteControl (RC) seaplane, RC Car Circuit, Fishing Ground . All This And More In One Location . Yet it is surrounded by 4 Golf Courses. Food Paradise with a spectacular setting . 6 Lakeside Restaurants, a Riverside Food Court and Hilltop Restaurants.
ERINA HEIGHTS is only 5 minutes drive to Ulu Yam Lama, Ulu Yam Baru and Batang Kali. It is surrounded by authentic, home-cooked specialty restaurants all around.

ii)

iii)

iv)

v)

vi)

vii)

viii)

Surrounded by 500 acres of vegetable farms and 1, 000 acres of fruit orchard. Exhibitions, varieties of shows and events all year round. Awana Genting Highlands . 22 million tourists yearly . The Entertainment City of Malaysia is only 15 minutes drive away. KL / Klang Valley, the capital city and the most affluent place in Malaysia is only 30 minutes drive. It has direct access to the North-South Highway and all major Expressways. It is served by KTM Aircond Electrical Commuter Train from the City, International Airport and major towns.

ix)

x)

Q2 A2

WHO WILL RENT THE BUNGALOWS MONTHLY OR YEARLY ?

Generally there are 2 groups of people that will rent a place like Erina Heights. i) ii) Category 1 are people who will rent it for a long term period i.e. monthly or yearly. Category 2 are people who rent it on a short term period i.e. daily or weekly. These are the people who come to Erina Heights for weekend holidays, seminars, weddings, tourists from overseas, people who want to take time off to renew themselves etc.

Here we will look at people who will stay in Erina Heights for a couple of months or years. At present there are large segments of ex-patriates that are living in Malaysia. They are Koreans, Japanese, Indonesians and a large segment of Europeans and at certain times of the year Middle Easterners who will come and stay here for 3 to 4 months to avoid the hot summers back home. The foreigners choose Malaysia generally because of its excellent infrastructure, its warm climate, wide usage of English, modern amenities, quality but low cost of living, in comparison with the surrounding countries. The categories of the people who will stay in Erina Heights are as follows. It is fairly easy to identify and reach each and every group and over time the way Erina Heights is planned will fit into each and every one of their needs, requirements and lifestyle perfectly.
CATEGORIES OF PEOPLE THE KOREANS AND THE JAPANESE

i)

There are some Koreans and Japanese who have taken up Malaysia My Second Home program. A large segment of these people do not wish to purchase properties in Malaysia . Property is a long term investment. What they require is a fully furnished Bungalows with cleaning services, security, emergency medical services if required, Recreational activities, convenience of modern amenities, shops, restaurants, etc and a cool green environment like Erina Heights with excellent connectivity. Being a closely knit community they prefer to stay among themselves. Yet there are very few Developments that provides them the abovementioned facilities all in one Development complete with a fully furnished house right up to the last detail. There are Korean and Japanese Real Estate agents and companies that provide Malaysia My Second Home services that would be happy to work in collobaration with Erina Heights to meet the needs of their clients.

ii)

Healthy but retired couples upon retirement have found their disposal income greatly reduced. Living in their own country has become expensive. Erina Heights is an excellent alternative where they can maintain the quality of life as before at a fraction of the cost back home. What they do then is to go back 2 or 3 times a year to visit their relatives and friends and do their medical check-up back home. Yet they spend 10 months in a year in Malaysia.

iii)

There are a lot of ex-patriates that are working in Vietnam, China, Cambodia, Indonesia, Philippines, India . but set up the home for their spouse and children in Malaysia.
EUROPEANS

i)

The categories of Europeans who stay in Malaysia are probably the same as the Koreans and Japanese. The only difference is the Europeans are probably not as closely knit as them. They would probably be more adventurous and stay among the locals. Erina Heights offers them a lifestyle at a fraction of the cost back home. It is easy to work with a European Real Estate agent towards this end.

MIDDLE EASTERNERS (June, July & August)

i)

3 to 4 months a year the hotels in Kuala Lumpur are fully occupied by Middle Easterners. During this period it is normally near impossible to find a service apartment that is vacant in the City. We believe Erina Heights and its facilities is perfectly fitted into the requirements and lifestyle of the Middle Easterners during this period. It is easy to identify them because there are only 2 to 3 major tour companies that specializes in their business. Most of the time these tour companies have Middle Eastern partners.
SINGAPOREANS (Erina Heights perfect retirement destination)

i)

Upon retirement most Singaporeans find their own country too expensive to support the lifestyle and standard of living they are used to. For Singaporean Malays Malaysia has always been a good option for retirement. Over the last few years a large segment of Singaporean Chinese has looked at Chiangmai, Thailand and other countries as an option. Most of the less adventurous Singaporeans stay on in Singapore by downsizing their apartment and settling for a lesser standard of living they are used to. Malaysia with its similarities in culture, languages, lifestyle, MM2H program in general and Erina Heights specifically is the best location and perfect fit for Singaporeans who are retiring. Erina Heights offers a lifestyle, recreational activity, connectivity and convenience at a cost most Singaporeans will be thrilled to discover.

Q3 1.

WHO WILL RENT ERINA HEIGHTS ON A SHORT TERM BASIS ?

An Alternative For Genting Highlands Tourists Erina Heights is only 15 minutes drive from Awana Genting Highlands. 22 million people visited Genting Highlands in 2007. With the shuttle bus services, connectivity to KLIA, commuter train and major highways. Erina Heights is reachable from most parts of the world. Off peak rate in First World Hotel is RM 125 per day. A 4-room, fully furnished Bungalow in Erina Heights with excellent surrounding, environment, recreational facilities offers a quality yet value for money option for those visiting Genting Highlands.

2.

Erina Heights is the Centre of the Inland Tourist Meander Out of the 8 most visited spots in West Malaysia . 4 are within 15 to 45 minutes drive from Erina Heights. In partnership with a local tour agent having an office in Erina Heights . Erina Heights then could be promoted as the location of choice for those visiting all these tourist spots.

3.

Erina Heights is at the fringe of the most captive and affluent market in Malaysia . Klang Valley. We are 30 to 60 minutes drive from most parts of Klang Valley. In short, it is one of the most convenient, accessible Holiday Destination for the city folks who needs a break from Kuala Lumpur / Klang Valley. Erina Heights is a perfect Holiday Destination . Complete with food and shopping haven, health and re-juvenating centres, indoor and outdoor recreational activities . surrounded by mountains, waterfalls, lakes and crystal clear streams at its doorstep.

4.

An Excellent Place For Weddings, Receptions and Photo Shoots

5.

Perfect Place For Conferences, Product Exhibition, Seminars, Training Workshops and Camps . Both large and small

6.

3 million Singaporeans Visit Genting Highlands Every Year because of its cool climate, recreational facilities, accessibility and value for money.

7.

HOLIDAYS IN MALAYSIA (PEAK PERIOD)

i)

School holidays . 10 weeks (Excluding Sat and Sun) Mar 1 week, Aug 1 week, May / June 2 weeks Nov / Dec 6 weeks

50 days

ii) iii) iv) v)

Chinese New Year Holidays Hari Raya Puasa Holidays Other Public Holidays Sat / Sun x 52 weeks in a year
TOTAL PEAK PERIOD IN MALAYSIA

10 days 10 days 15 days 104 days 189 days

PLEASE NOTE :

Peak period in Malaysia is + 50 % of our occupancy rate. Achieving 60 % occupancy on a short term rental is within our reach for the 1st 2 years. If Singapore school holidays is taken into consideration . 70 % occupancy rate is achievable. If we look at the rest of the options where our tourists are from . it is easy to understand achieving 90 % or more occupancy rate is achievable.