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Situated amidst the lush forests and magnificent picturesque of nature, the multi award-winning Montigo Resorts, Nongsa, alongside SGX Catalist – listed parent, KOP Limited (KOPL), has launched its recent addition, the 1-bedroom studios, for sale under the resort’s ownership scheme.
Having recently awarded the prestigious Asia-Pacific Property Awards (2018 – 2019) – Leisure Development Indonesia, The Montigo Resorts, Nongsa opens 35 units out of total 85 sea-facing studios for sale in its first phase. The subjected units set an expanse ranging between 1,033 sq ft and 1,074 sg ft, with indicative pricing starts from SGD 388,000.
Just as the other villas of the resort, the 1-bedroom studios are beautifully designed with modern, contemporary touch paired with Indonesian accents. Each villa showcases an expansive master suites comprising a large bathroom with a skylight atop a luxurious stone bathtub and beds of the finest bed linens. A private plunge pool at every villa, serves unlimited exclusivity for the guests.
Ms. Leny Suparman, KOPL Group Chief Executive Officer, shared that “We are excited to finally unveil our latest addition to prospective investors and buyers, who have over the years provided feedback on interest for smaller villa types. This is a unique product with no similar projects in Batam, combining the stability of a rental yield with unparalleled hospitality.”
“In line with KOPL’s model to inject taste and entertainment elements in our trendsetting developments, Montigo Resorts, Nongsa is positioned to enhance multi-generational bonding through experiences, creating meaningful memories via a myriad of activities and spaces suitable for guests of all ages. Our villas are also beautifully designed, its modern and minimalist interiors offer a sense of place for guests from all cultures and ages” added Ms. Suparman.
With the ownership scheme, villa owners are entitled to enjoy 60 days of included stay at Montigo Resorts, Nongsa. Alongside with that, other benefits such as discounted stays for family and friends, discounts on the resort’s F&B offering and other recreational activities. Villa owners could enjoy the resort’s five-star services and amenities whilst earning a guaranteed rental return.
Mr. Ben Goi, KOPL Executive Director and Managing Director of Montigo Resorts, commented, “Montigo Resorts, Nongsa has over the past five years established a stronghold within the region as a choice vacation destination, but unknown to many, the resort offers an attractive proposition under the ownership scheme where owners enjoy a guaranteed rental income, 60 days of included stay and a fuss-free experience without having to worry about maintenance.”
For the early birds, dated till December 31,2018, investors who purchase a unit will be privileged to have a discount of 5 %; two years of guaranteed 8 % returns on the purchase price; and a waiver of management fees for the third year of ownership worth close to SGD 5,000. Securing a unit prior to viewing, by placing a refundable option fee of SGD 3,000, entitles the prospective investors to a night stay at the resort and a return ferry tickets for two with every successful purchase.
Five complimentary studio stay vouchers and five villa stay vouchers as well as customized bathrobes and towels would be presented to all the new villa owners. To mark the occasion, a housewarming party will be organized by the resort, complete with return ferry tickets, catering and a 50 % discount for additional rooms required.
Another reason that would attract the idea of purchasing the studios is the development projection of the vicinity itself, with the recent launch of the 100-hectare Nongsa Digital Park that is expected to boost MICE demand for the resort. The Nongsa Digital Hub, a digital bridge between Indonesia and Singapore, is projected to attract over USD 5,000 million of investments in the digital economy and create 10,000 jobs. On the other hand, to boost tourism of the country, the local authorities have revived plans for a 7 km Batam – Bintan bridge, connecting to Riau island.
For further information on attaining the ownership of the magnificent Premier 1-bedroom studios kindly visit www.montigoresorts.com/nongsa and enjoy the various benefits offered upon the purchase.
