Tasweek starts on third luxury Malaysian villa
11-villa resort developed under JV with Casabrina Vacation Villas
Tasweek Real Estate Development and Marketing has announced that work on the third unit investment of an 11-villa resort being developed under a joint venture with Casabrina Vacation Villas has begun.
The latest villa will form part of the sprawling Casabrina Vacation Villas luxury vacation complex located at the foothills of Pahang, the largest state in West Malaysia.
The announcement follows the recent completion of two villas. ‘Villas Amertani’ featuring four bedrooms, a large living area and teakwood balconies, while the more intimate ‘Villas Aranya’ has two bedrooms, a pool and gardens.
All villas will provide panoramic views of the surrounding ancient rainforest and is a masterpiece of the renowned Balinese architect AA Yoka Sara who has been commissioned to design the rest of the upcoming villas as well. Felix Tree, the renowned Malaysian entrepreneur, is the creative force behind the ambitious development.
Tasweek will market nine of the boutique villa-hotels spread over 30 acres of lush hillside land under a Shariah-compliant scheme. The firm has partnered with a major Malaysian financial institution to provide long-term and highly competitive mortgage instruments to interested buyers from the Middle East.
“Casabrina Vacation Villas offers a vacation experience like no other to tourists, especially Arabs who will be definitely impressed by the surrounding scenery, the excellent hospitality services, and the outstanding amenities.
“It is also an opportunity that should not be missed by investors from our region who want to capitalise on Malaysia’s thriving tourism and real estate businesses. We encourage local investors to support this project and other developments that help strengthen tourism ties with Malaysia,” said Masood Al Awar, CEO, Tasweek Real Estate Marketing and Development.
Upon completion, Casabrina Vacation Villas will offer 11 two- to eight-bedroom villas occupying between 1 and 3 acres of hillside land. No restrictions on foreign ownership will be imposed on the freehold units.