KUALA LUMPUR: The Emkay Group is expected to launch 18 exclusive villas under the third phase of the Belum Rainforest Resort in April this year.
Its chief executive officer Ahmad Khalif Mustapha Kamal said the villas, dubbed as Belum Rainforest Villas, built on two hectares land would be priced in a range of RM10 million each.
“The villas with built-up ranging from 4,000 square feet to 5,000 square feet will be built upon a hill and rise above the lake’s edge, southern part of Banding Island.
“We would like to sell and manage it for companies and high-profile individuals to have place in Banding island,” he said after the launch of the Villa Tanjung Wan coffee table book by Raja Permaisuri Perak Tuanku Zara Salim here today.
He said a portion of the buyers’ investment, through a percentage of the sales proceeds and regular maintenance charges would go towards the Banding Island Foundation; to maintain the Banding Island Rainforest Research Centre.
“The villas offer not only beauty and tranquillity for the discerning few but also allow them the opportunity to champion the conservation of the rainforest,” he said.
Ahmad Khalif added Emkay group was committed in making conservation as its prime focus in its long-term development plans for Banding Island.