This magic allows me to get 2 units of the Imperial Heritage Hotel. A prime locality in the heart of UNESCO Melaka (Malacca) right opposite Dataran Palawan. This colonial style building was soft launched on the 19th March and there are already walk-in customers taking up rooms in the hotel.
The restaurants and other services are not even ready yet.
What is the potential returns? The 4-5 star hotel rooms are mostly about RM 250 and above. The occupancy rate is at least 70% with all weekends fully booked. The tourism industry in Melaka is booming and this is a good project helmed by a young team ready to impress. Lets see how Imperial Heritage can move forward.