Investor Guide - Ramada Lumut Resort

Invest or G uid e
Invest in Luxury,
Woven in Nature
An Investment Opportunity in an
Iconic Destination Resort from the
World’s Largest Hotelier
Malaysia’s newest and most iconic themed destination resort
makes its debut on the coast of northwest Peninsular Malaysia.
Ramada Lumut Resort offers a total living and leisure environment
which promises to be both a showcase and a benchmark for exclusive
tropical living.
Nestled amidst pristine rainforest, lush mountainside, tranquil river
and sandy beach. Where spectacular panoramas unfold daily.
Where enchanting birdcalls mix with gentle sea breezes.
Where nature’s majesty combines with man’s ingenuity.
Ramada Lumut Resort. An idyllic setting. And an ideal investment
opportunity.
Ramada Lumut Resort
Ramada Lumut Resort, 3-Storey Birdsnest
Ramada Lumut Resort…With 439 luxurious 1, 2 and 3-bedroom Serviced
Apartments and Suites that are available in a variety of floorplans. Plus 7 exclusive
Forest Villas. A 365-day resort lifestyle that also features 5 meeting rooms and
350-pax convention facility, gourmet restaurant, and 6 recreational amenities.
Whether as a second home, vacation home, or corporate retreat, Ramada Lumut
Resort offers a rare opportunity to invest in the first, and to date, only integrated
destination resort on Peninsular Malaysia’s northwest coast.
With Nett rental returns starting at 7% for over ten years. 90% margin of finance.
100% profit sharing. Plus other incentives to keep you smiling.*
* Terms and conditions apply.
Living and Dining, Type C
A World-Class Partnership
World’s Largest Hotel Company as Measured by
Number of Properties With $5.3 Billion of Nett Revenues in 2014
Wyndham Hotel Group is the world’s largest hotel company based on number of hotels. As both a leading hotel brand franchisor and
hotel management services provider, the company’s global portfolio consists of approximately 7,700 properties and over 668,500 rooms in
71 countries. Headquartered in Parsippany, N.J., with offices around the globe in London, Shanghai, Dubai and other cities, the company
employs more than 9,000 associates worldwide.
From the upper-upscale offerings of its namesake Wyndham Hotels and Resorts® brand, to the distinctly comfortable and familiar properties
of its globally recognized Days Inn®, Super 8® and Howard Johnson® brands, Wyndham Hotel Group prides itself on providing guests and
franchisees with exceptional customer service, great value and the most lodging choices around the world.
Wyndham Grand Orlando Resort, Bonnet Creek, Florida, USA
Over 850 Hotels in 52 Countries
Ramada Worldwide is Wyndham Hotel Group’s mid-scale, full-service brand, with over 850 hotels in 52 countries worldwide. Ramada touts
89% brand awareness among consumers within the U.S. and Canada thanks in part to an impressive global marketing campaign. Ramada
first joined the Wyndham Hotel Group family in 1990 and has since become one of the largest hotel brands in the world. Ramada® properties
appeal to a wide variety of travelers. From family vacations to business trips to weddings, consumers rely on Ramada for quality and comfort.
Ramada’s diverse selection of hotels offers inviting features such as exceptional customer service, restorative bed and bath experience and
free high-speed Internet. In most locations, swimming pools and a-la-carte food service are available, complimentary continental breakfast is
available in a number of properties.
Ramada Resort Kusadasi & Golf, Akyarlar, Kusadası, Turkey
The Gold Standard in Exchange Vacations
RCI is a leader in managing and facilitating timeshare ownership exchanges in top vacation destinations, with more than three million members and 4,500 affiliated
resorts worldwide. We offer Ramada Lumut Resort owners and investors an unrivalled selection of exclusive travel destinations. We also provide assistance in making
travel plans and arrangements, ensuring a hassle-free exchange process to any of our destinations worldwide. Let us help you take the vacation of your dreams – year
after year after year!
RCI
MEMBERSHIP
PRIVILEGES
Exchange
Exchange for one of 4,500-plus RCI affiliated resorts worldwide.
Extra Vacations
Weekly stays at amazing prices. Unlimited getaways to be booked. Share your membership benefits with friends and family.
On-going Vacation Search
RCI searches for the vacations you want on your behalf. You can also use your other RCI member benefits to get where you want to go.
Trading Power Protection
It protects the deposit trading power used towards an exchange and ensures that if you need to change or cancel your vacation plans,
you’ll receive your original deposit.
Malaysia, an Investor Paradise:
Dynamic, Diverse, Stable
Malaysia is one of Southeast Asia’s most affluent and vibrant countries,
with a rich heritage, culture, and biodiversity. The nation is one of
Asia’s top tourist destinations, with over 27 million foreign visitors per year.
Among Top 10 Best
Locations to Invest in Asia
– The Economist
One of the World’s
Leading Tourist
Destinations,
Top 15 in Receipts
9th Most Visited
Nation in World
– UNTWO 2013
Among Top 10 Must-See
Global Destinations in
World
– Lonely Planet
Tourism industry is poised
to welcome 36 million
visitors in generating
over RM168 bil in foreign
exchange earnings
Among Top 10 Friendliest
Countries in World
– Forbes Magazine
Insight on Malaysia
36 million tourists and RM168 billion foreign exchange by 2020 (As quoted by Datuk Seri Mohamed Nazri Abdul Aziz, Minister of Tourism and Culture)
GDP growth up by 5.9% in 2014 from 4.7% in 2013
A Southeast Asian hub from all major Asian cities – Beijing, Shanghai, Hong Kong, Mumbai, Seoul, Taipei, Tokyo
Year-round warm climate, world-class medical facilities, affordable living costs, high-tech communications infrastructure
Lumut, Manjung…
The Fastest Growing District in Perak
“Manjung is the fastest growing district in Perak,” according to Real Estate & Housing Developer’s Association Perak Chapter Chairman,
Datuk Francis Lee in 2011 . “Property prices have risen by 15% over the past two years.”
Lumut is the chief driver of Manjung’s economic growth, fuelled by its role as Malaysia’s premier naval facility and deepest harbour, and
thus also a major commercial port facility. Lumut is the site of the biggest naval shipbuilder in Malaysia. Boustead Naval Shipyard is a
major centre for defence and maritime needs covering 45 hectares. (Residents shouldn’t therefore be surprised to spot an occasional
submarine breaching the ocean surface!)
This prominence has attracted major multinational players to set up manufacturing facilities in several new industrial parks and zones.
This in turn has led to the district’s rapid increase in property values and capital growth, primarily landed property.
The other contributor to the area’s robust economy is Lumut town, being the sole gateway to the internationally renowned resort island of
Pangkor, just one in a mini-archipelago of islands nearby, all of which are ideal for snorkelling, diving, yachting and eco-tourism.
Ideal for Corporate
and Mice Demand
•Given the location
of the proposed
property, it will attract
in-house meeting
groups generated
by companies in
the neighbouring
industrial parks,
ports, government
agencies and
institutions of higher
learning
•Located near the
Lumut Jetty where
tourists take ferries
to Pulau Pangkor
•Located in the tourist
belt of Lumut and
Sitiawan – tourist
shops and expatriate
– friendly spaces
•Excellent views of the
sea to the north and
forest reserve views
to the south
PERLIS
Top 10 Tourist Attractions in Perak
1
Royal Belum State Park, Grik
6
West Coast Expressway
KEDAH
North-South Expressway
Pulau Pangkor, Manjung
PULAU
PINANG
KELANTAN
Taiping
2
Orang Asli Village, Grik
7
Segari Turtle Hatching Centre, Lumut
3
International Yacht Club, Lumut
8
Kelly's Castle, Batu Gajah, Ipoh
4
Lata Kinjang Waterfall, Chenderiang
9
Gua Tempurung, Gopeng
5
Pulau Sembilan, Lumut
10 Movie Animation Park Studios, Meru, Jelapang
TERENGGANU
PERAK
PAHANG
Manjung
Pulau
Pangkor
A Location in the Heart of it All
SELANGOR
LUMUT
Banting
Pulau
Sembilan
Ramada Lumut Resort is in the coastal town of Lumut, Perak, along a quaint street
fronting the Straits of Malacca. A mere kilometer from the bustling main town and
less than a 5-minute walk to the jetty where you can take a ferry to renowned
Pangkor Island (20 mins) and Pulau Sembilan (45 mins).
KUALA LUMPUR
NEGERI
SEMBILAN
MELAKA
JOHOR
4°13'54.0"N 100°37'39.3"E
Perak, Flourishing Tourism and Economic Growth
Strategically located between Kuala Lumpur and Penang, Perak’s development is
fuelled by Manjung’s rapid economic growth in its tourism and manufacturing sectors.
1.3 million visitors to
Pangkor in 2013**
1.5 million visitors to
Manjung annually*
761,000 visitors
to Lumut in 2012
* As quoted by YAB Dato’ Seri Dr. Zambry Abdul Kadir, Minister of Perak
10.58 million tourists in 2003
27.44 million tourists in 2014
25km
Singapore
215km
Johor Bahru
152km
Malacca
217km
Kuala Lumpur
** Source: The Star Online, April 2013
80km
Lumut
161km
Ipoh
Penang
Great Economic Potential
Increasing Domestic Demand
New Economic Growth Hub
Upcoming Infrastructure
• Demand has always been tremendous for unique,
quality 4-5 star destination hotels and resorts in any
country
• Increasing % of hotel guests from 45.7% in 2013 to
49.3% in 2014
• Hotel occupancy rate growing annually at 6%
• RM14 billion FDI by Vale creating 5,000 jobs within Manjung district alone
• Improved accessibility through upgrading of road and rail
networks
• The upcoming 233km West Coast Expressway targeted
to be completed by 2019, along with BASEL Highway and
Silex Highway that will link to all the major highways in
Peninsular Malaysia, considerably shortening travel time
Investment Benefits In Perak
• Strategic location
• Business-friendly environment
• Availability of natural resources
• Greatly improved infrastructure
• Support by a progressive state government
The Only Resort Property Asset in
Malaysia Offering 100% Profit Sharing
A Hassle-Free
Investment
Opportunity
Rebates
Available
Concierge
Services
Enjoy
Substantial
Returns
Fully
Furnished
Hotel & RCI
Membership for
5 Years
Long Term
Yields Through
Long Stays
Ramada Lumut Resort comes with a Nett Rental Return (GRR) of 7% for the first 3 years of commencement of operations.
This ensures that owners are shielded should the occupancy rate drop.
A Property Asset That Generates Steady, Guaranteed Income
Loan Calculation/Repayment
Rental Return P.A. Calculation (example)
Unit No.
Size
Nett Selling Price
08 – 08 (Ramada Lumut Resort)
786 sq.ft.
RM605,600.00
70% Margin of Finance
Loan Amount (RM)
Tenure (no. of years)
GRR for the first 3 years
7% Nett Rental Return Per Annum
Nett Rental Return Per Month
RM42,392.00
RM3,532.70
RM529,900
30
25
20
15
Monthly Bank Installment*
RM2,669
RM2,930
RM3,338
RM4,040
Monthly Nett Income (RM)**
RM863.70
RM602.70
RM194.70
(RM507.30)
In the subsequent years, as Ramada Lumut Resort’s occupancy and room rates go up, owners benefit through a Profit Sharing of 100% after deduction of all the Hotel operation cost.
Profit Sharing is calculated based on the gross hotel revenue generated from the hotel operation every 3 months***
*
**
***
Maybank’s Base Rate is at 3.20%
Monthly Nett Incomes (RM) = Nett Rental Return - Monthly Bank Installment
Subject to terms and conditions as stated in the tenancy agreement
10-Year Ramada Lumut Resort Profit Forecast*
Y11
Y12
Y13
Y14
Y15
Y16
Y17
Y18
Y19
Y20
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
555
555
555
555
555
555
555
555
555
555
RM538
RM554
RM570
RM587
RM605
RM623
RM642
RM661
RM681
RM701
68%
65%
68%
70%
72%
72%
72%
69%
73%
73%
RM84,862,248
RM83,985,726
RM89,913,723
RM94,933,585
RM100,175,439
RM103,123,247
RM106,159,488
RM105,268,909
RM113,887,447
RM117,246,614
RM13,776,565
RM13,685,122
RM14,615,558
RM15,411,010
RM16,241,036
RM16,728,267
RM17,230,115
RM17,144,333
RM18,486,351
RM19,040,942
3. GROSS MARGIN
RM71,085,683
RM70,300,604
RM75,298,166
RM79,522,575
RM83,934,403
RM86,394,979
RM88,929,373
RM88,124,577
RM95,401,095
RM98,205,672
4.OPERATING
EXPENSES
RM32,324,132
RM32,301,363
RM34,258,847
RM35,960,123
RM37,733,142
RM38,848,474
RM39,997,266
RM40,015,329
RM42,799,325
RM44,066,643
5.GROSS
OPERATING PROFIT
RM38,761,551
RM37,999,241
RM41,039,318
RM43,562,451
RM46,201,261
RM47,546,505
RM48,932,106
RM48,109,248
RM52,601,770
RM54,139,029
6. MANAGEMENT FEE
RM6,595,705
RM6,788,980
RM6,718,858
RM7,193,098
RM7,594,687
RM8,014,035
RM8,249,860
RM8,492,759
RM8,421,513
RM9,110,996
7.NETT OPERATING
PROFIT
RM32,165,846
RM31,210,261
RM34,320,460
RM36,369,354
RM38,606,574
RM39,532,470
RM40,682,247
RM39,616,489
RM44,180,257
RM45,028,033
ESTIMATED RETURN
ON INVESTMENT
8.8%
8.6%
9.4%
10.0%
10.6%
10.8%
11.2%
10.9%
12.1%
12.4%
Total Rooms /
No of Keys
Average Room Rate
(ARR)
Occupancy %
1. TOTAL REVENUE
(Rooms, F&B,
Facilities, Ballroom,
Service Fee)
2. COST OF SALES
Invest in Luxury,
Woven in Nature
(Rooms, F&B,
Facilities, Ballroom,
Service Fee)
(Staff salary,
utilities, A&P,
Admin & General,
Maintenance,
Insurance, Tax, FFE)
* This forecast is merely an estimate based on multiple factors which are uncertain and subject to change. While care has been taken to prepare this forecast, it shall not in any manner or form constitute a guarantee on Wyndham Group and KB Group on the
return of investment that you may earn.
www.ramadalumutresort.com
Developed by:
In Partnership with:
Kinta Berkat Sdn Bhd (A member of KB Group of Companies)
Suite 7.01, Level 7, Centrepoint North, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur.
Tel: +603-2295 0666 E-mail: info@kbgroup.com.my www.kbgroup.com.my
All information contained herein (including specifications, plan measurements and illustrations) are subject to amendments, variations and modifications without notification as may be required by the relevant authorities or developer’s consultants and is not
intended to form and cannot form part of an offer and contract. Whilst every reasonable care has been taken in preparing the information, the developer cannot be held liable for any variation or inaccuracy.
Developer License no. : 12031-2/03-2017/0173(L), Validity : 03/03/2015–02/03/2017. Advertisement Permit no. : 12031-2/03-2017/0173(P), Validity : 03/03/2015–02/03/2017. Developer Name : Kinta Berkat Sdn. Bhd. (889453-W).
Address : Suite 7.01, Level 7, Centrepoint North, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur. Tel no. : +603-2295 0666. Land Tenure : 99 years. Expiry date : 28th Jan 2113. Expected completion : Early 2019.
Selling price : RM717,200 (Min)–RM1,991,000 (Max), No. of units : 262 apartments. Selling price : RM1,631,300, No of Units : 7 Villas.
* Terms and conditions apply.