The Golden Palm Tree Resort and Spa In Malaysia
An impressive 400-villa luxury resort opened last summer
Malaysia is understanding the importance of attracting investments in order to create iconic tourist infrastructures that may encourage the economic development of the country. Several foreign capitalists are increasingly interested in investing in the country in order to take advantage of the great resources it offers. Foreign investments are also encouraged by the favourable local currency value which allows overseas investors to reap the fruits of their investment rapidly.
Tourism is one of the drivers of the economy of the country that offers a great geographical and cultural variety. Malaysia is the perfect destination for those who are searching for wonderful beaches and tropical islands. Noteworthy economic rewards may also come from the revitalization of rivers and waterways.
The quiet and humble fishing village of Began Lalang – Sepang Goldcoast) has been transformed into the Golden Palm Tree Resort and Spa, a luxury Maldivian-style, over-water villa complex. The building of the new 22-km long coastline development has made Malaysia appear on the world’s luxury property map.
The complex has been conceived as an international luxurious tourist resort. It is located off the coast of Selangor, the reachest state in Malaysia that hosts Kuala Lumpur International Airport. The impressive 400-villa resort has the shape of a giant palm tree fanning out into the ocean. The increasing number of tourists arriving to the country has made the demand for rental properties increase. Room prices at the Golden Palm Tree Resort and Spa start from RM 800, which is a reasonable rate if we compare it with the price of over-water villas in other renown destinations such as the Maldives.
Sepang Goldcoast opened last summer, but it has not been completed yet. It will include resorts, amusement parks, a floating market and a marina along with wildlife habitats.
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