As the first township development in Genting Highlands, this freehold development is at 3,000 ft above sea level, poised to be a landmark that offers the ultimate in holistic living, cocooned by nature’s beauty.
Continue Reading ⋅ 19 July 2021
Impiana Residences Cherating is the serviced apartment component of the 30-acre Impiana Resort & Residences Cherating, a posh beachfront resort at Balok, Pahang.
The resort is being undertaken by Impiana Cherating, a member of the Impiana Group, a leading property developer with several world-class residential and commercial projects in Malaysia, including in Ipoh and other parts of the Asia Pacific.
Impiana Residences Cherating will be managed by Impiana Hotels & Resorts Management (IHRM); the award-winning international hospitality arm of the Impiana Group. Vacation homeowners can be assured that their property will be taken care with a profitable return of investment.
The first phase sits on 8.57-acre freehold commercial parcel consist of 3 blocks with a total 257 units reasonably priced from RM403,707 with built-ups ranging from 560sqft – 592sqft (1 Bedroom, 1 Bath), 764qft – 893sqft (2 Bedrooms, 2 Baths), 1119sqft (2+1 Bedrooms, 2 Baths) and 1400sqft (3 Bedrooms, 2 Baths). This project is expected to be completed by 2022.
All units are designed to ensure a spectacular beachfront view, luxuriously furnished and fitted with quality materials and appliances. Impiana Residences Cherating offers a pool, fully-equipped fitness centre, 24-hour reception, Concierge, hotel housekeeping services and 24-hour security.
Other facilities available are the award-winning Swasana Spa, Ballroom (up to 800 guests), meeting rooms, In-room dining, exclusive private dining in a floating pavilion, an all-day dining restaurant that serves an International menu, beach-front pool bar, barbeque area, Lounge, Kids’ activity areas, non-motorised water sports and lush landscaped grounds featuring beautiful foliage and water features.
All these features make Impiana Residences Cherating – the perfect vacation home with a return on investment.
Address: Jalan Impiana Cherating, Kampung Cherating, Balok, Pahang
Property Type: Serviced Residences
Land Title: Freehold
No of Storeys: 9
No of Blocks: 3
Total Units: 257
No of Lifts per floor: 4
Tenure: Freehold
Sales Gallery:
Impiana Cherating Sdn Bhd (Co. No.: 145802-H)
1st floor, Impiana KLCC Hotel, 13, Jalan Pinang, 50450 Kuala Lumpur Malaysia
Site GPS Coordinates: 4.1594169,103.4086111
Expected Date of Completion: 2022
Built-up area: 560 – 1400 sq ft
Facilities:
- BBQ
- Clubhouse
- Gated & Guarded
- Gym
- Jacuzzi
- Jogging Track
- Parking
- Playground
- Sauna
- Squash Court
- Swimming Pool
- Tennis Court
- 24 hr Security
- White Sand Beachfront
- Spa Sanctuary
- Lush Landscaped Grounds
- 24-Hour Reception
- Concierge
- Ballroom
- Banquet & Meeting Facilities
- Kid’s Activity Areas
- Cooking Classes
- Non-Motorised Water Sports
- Beach Sports & Activities
- Hotel Housekeeping Services
- In-Room Dining
- Bespoke Private Dining
- International All Day Dining Restaurant
- Beachfront Pool Bar and Restaurant
- Beachfront Barbeque
- Lounge Bar
- Two Seafood Barbeque and Thai Restaurants.
Price range: From RM403,707 to RM1 million
Price Psf: RM661
Special Features:
Beachfront
Best stretch of beach along East Coast Malaysia
Full Hospitality Management by Impiana
Flexibility
Exchange with stays at other Impiana hotels
Luxurious Resort Living
Own a holiday home in a luxury international resort
Project Details
Impiana Residences Cherating comprises 257 serviced apartments housed within three blocks of nine-storey towers standing on freehold land.
Property buyers can select from four kinds of properties with built-up areas ranging from 560 sq ft to 1,400 sq ft, while prices range from RM403,707 to RM1 million. Units here come in built-ups ranging from 560sqft – 592sqft (1 Bedroom, 1 Bath), 764qft – 893sqft (2 Bedrooms, 2 Baths), 1119sqft (2+1 Bedrooms, 2 Baths) and 1400sqft (3 Bedrooms, 2 Baths). This project is expected to be completed by 2022.
|
Building |
# of Floors/ Units |
Type/Built-up |
Starting Price |
|
Block A |
9 / (54 units) |
A (570sq ft – 592sq ft) |
RM392,000 – RM632,000 |
|
Block B |
11 / (77 units) |
B (764sq ft – 872sq ft) |
RM525,000 – RM615,000 |
|
Block C |
9 / (126 units) |
A (500sq ft – 592sq ft) |
RM 403,000 – RM 1 mill |
Given that the serviced apartments are located within a luxury resort, the development comes with numerous facilities, in addition to the vast stretch of white sand beach with crystal-clear water.
For instance, for fitness enthusiasts, the resort sports a gym, spa, jacuzzi, sauna, jogging track, squash courts, tennis court and swimming pool. There’s also a barbecue area for cooking fresh and sumptuous seafood, and you can eat your dishes in exclusive and private floating pavilions. If you’re too tired to cook, there’s a restaurant serving international dishes for all-day-dining and there are several eateries, including a Thai restaurant. Moreover, these dining spaces all overlook the sea or swimming pool.
Apart from having playgrounds and a wading pool for kids, the gated development implements stringent 24hr security to protect the safety of your family and possessions, as well as guests. You can also ride on buggies to travel from the resort’s entrance to your serviced residence.
Not only are all the units fully furnished, but property buyers will be getting a good deal due to the project’s selling points. For instance, the resort is close to one of the best beaches in the East Coast of Malaysia. The Cherating Turtle Sanctuary is just nearby. In fact, turtles swim ashore there and lay their eggs between April and August. The area has also been set aside for tourism projects under the masterplan for the East Coast Economic Region (ECER).
Besides enjoying a low-density serviced residence, you will own a vacation home within a world-class luxury resort professionally managed by Impiana Group, a renowned multinational hotelier founded 25 years ago. Not only will you be able to stay within Impiana Residences Cherating, you can also exchange stays at other Impiana hotels (terms and conditions apply).
In addition to getting a high guaranteed return on investment (ROI), the developer will also shoulder the legal fees for the sale and purchase agreement (SPA), deed of mutual covenant (DMC), and lease contract (panel attorneys only). Additionally, property buyers will also get a complimentary Impiana Privilege Card, through which you can get membership perks like priority check-in, exclusive members-only offers and many more.
Location
Impiana Residences Cherating’s main selling point is its nearness to one of the best white sand beaches in the East Coast of Malaysia. Just a short walk away is a vast stretch of unspoilt seafront. In fact, 4km away you can find Cherating Turtle Sanctuary, where the turtles lay their eggs annually.
Located in the beach town of Cherating, the development is situated 500 metres off the main coastal road of Jalan Kuantan/Kemaman, which is linked to the East-Coast Expressway (LPT) that connects it to the western region of Malaysia.
Impiana Residences Cherating is about 63km from the Kuantan Town, while Kuala Lumpur is 284km away. Driving from Kuala Lumpur will require commuters 3 hours to reach the development. The Sultan Ahmad Shah Airport (Kuantan Airport) is also a 1-hour drive (approximately 60km) to Impiana Residences Cherating.
Nonetheless, travelling by plane from Kuala Lumpur to Kuantan Airport takes 40 minutes, from Singapore it’s about 1 hour, while travelling from Penang takes only slightly longer at 90 minutes.
Although it may not be an everyday home, Impiana Residences Cherating is ideal for vacations and short-term stays, as well as lodgings for tourists. On top of being situated near pristine white sand beaches, the area becomes a surfer’s paradise during November to December due to the large waves brought by the monsoon season.
It is also about 5km away from Cherating River, where you can enjoy river kayaking, or participate in the Mangrove River Tours, River Cruise and the Firefly Night Tours there. The project is also 6km from Snake Island, which is a popular snorkelling site. If you don’t mind travelling a bit farther, Charas Cave is 65km away, while Lake Chini is around 134km.
Apart from natural tourist attractions, there are also nearby cultural attractions. For example, you can learn the craft of making batik cloth at the family-owned Limbong Art workshop (5km). The Pekan Heritage Tourism Development project under the East Coast Economic Region (ECER) masterplan is close by as well. You can also visit nearby villages and try your hand at catching fish on real fishing boats.
If you need to shop for traditional souvenirs, you can go to Chukai, which is also known by the name of Kemaman Town, where traditional pottery, woodcarvings, kites, songket and batik cloths can be purchased at Kompleks Kraftangan Kuantan in Cherating Village.
Analysis
Currently, there are no other serviced residences within the vicinity of Impiana Residences Cherating. Hence, we cannot provide a detailed and accurate analysis of the project, as well as provide like-for-like comparisons.
But given that it’s a pioneer and the first of its kind in the area, buyers have first-mover advantage and there’s strong potential for capital appreciation, on top of having rosy prospects for attracting tourists who are looking for short-term accommodations. Another attractive selling point, is that Impiana Residences Cherating is part of the Phase I of the resort.
Summary
Impiana Residences Cherating is ideal as an investment property as well as holiday home. This is because it is located close to one of the most sought-after beaches in Malaysia. Hence, there is strong demand from tourists.
You also do not need to worry about managing the property yourself, as global hotelier Impiana will take care of it for you and provide you with income.
