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Impression Melaka

THE [email protected] CITY, MELAKA

KUALA LUMPUR: Yong Tai Bhd will unveil its latest property development in Melaka – The Dawn – a condominium-hotel with a gross development value of RM343mil on July 21 to 23.

The tourism and cultural property developer said on Monday The Dawn will be built within its multi-billion-ringgit Impression City in Kota Laksamana, Melaka.

The [email protected] Impression City, to be built on a five-acre site, will comprise of one 28-storey block and another 29-storey block, and it will have all the facilities that a condominium-hotel living can provide to its residents.

The units are open for booking at Yong Tai’s headquarters at Jaya 99, Level 6 Tower A, Jalan Tun Sri Lanang, Melaka.

It is the first series of hotels in Impression City which are being designed towards the theme of the theatre productions. The condotel will be integrated into the 138-acre Impression City.

Fronting the scenic Straits of Malacca, it is just 2.5km from Melaka’s heritage site and sited next to a major coastal road.

The Dawn is developed parallel with the Impression Melaka iconic theatre – a mega cultural performance and landmark project in Impression City.

Yong Tai expects Impression Melaka to attract up to two million tourists every year. Hence, investors can be assured that the prime location and excellent condotel facilities will deliver impressive investment returns.

The Dawn comprises of 590 standard suites, 28 pool suites, 20 Jacuzzi suites and 10 VIP suites.  It has 712 parking bays on the ground floor up to level five.

The standard, pool and Jacuzzi suites will each have a floor area of 46 sq metres or 494 sq ft, while the VIP suites floor area is 92 sq metres or 988 sqf.

As part of the RM7bil Impression City, The Dawn is slated to be completed by end 2020. 

Article source: http://tourism-melaka.blogspot.com/feeds/posts/default

IMPRESSION CITY FULL STEAM AHEAD

Impression City is powering ahead.

Just look at the number​ of piling machines at site.



Impression Melaka, the Heritage show is expected to start her inaugural show in early 2018

Article source: http://tourism-melaka.blogspot.com/feeds/posts/default

IMPRESSION MELAKA WORKS IN PROGRESS

Impression Melaka is progressing fast.

By January 2018, the inaugural show will be performed. We hope this dateline can be met.

Article source: http://tourism-melaka.blogspot.com/feeds/posts/default

IMPRESSION CITY BY END 2017

Yong Tai Berhad : bullish on Impression City
     
02/24/2016 | 03:12 am
KUALA LUMPUR: YONG Tai Bhd expects its RM5.4 billion project in Malacca to generate net profit margin of 20 per cent, which would help to sustain the company’s earnings in the long term.

The garment maker-turned-property developer, which has been loss- making for several years, expects to return to the black this year with contribution coming from the real estate sector.

The company, which has pockets of developments in the Klang Valley and Johor, is planning to develop Impression City on a 47.03ha site in Malacca.

The project would be developed in 11 phases and over 10 years, said its executive director Boo Kuang Loon.

Construction for Phase 1 would start in the third quarter of this year and feature retail and commercial units, said Boo at a luncheon hosted by MIDF Amanah Investment Bank Bhd, here, yesterday.

It is expected to have a gross development value of RM1.1 billion,

The catalyst for the commercial-led Impression City is the Impression Melaka performing arts theatre, to be built on the 47.03ha site.

Construction of Impression Melaka, the jewel of the company, will start next month at a cost of RM300 million and includes land acquisition. The opening is slated for end-2017.

Boo said although Impression Melaka required a huge capital investment, the returns would be long term and attractive.

It would take two years to construct and the projected returns would start from 2018 onwards, he added.

With 15 million tourists visiting Malacca annually, Yong Tai hopes to attract at least 1.1 million visitors to Impression Melaka, with 40 per cent coming from China.

The company is also targeting visitors from Southeast Asia (30 per cent), Asia (20 per cent) and the rest from the Middle East, Europe and the United States.

“With two shows a day and tickets priced at RM120 per person, we are poised to achieve a revenue of RM140 million a year, including the sale of souvenirs and merchandise. For this business, we are targeting a profit margin of 50 per cent. This would net us a profit of around RM60 million a year.

“There are many more upsides, such as increasing the ticket prices and having up to four shows a day. This is the potential of Yong Tai in the future,” said Boo.

“For the next two years we are at the investing stage and would generate profits. But the profits would not be much to give dividends,” he said.

Article source: http://tourism-melaka.blogspot.com/feeds/posts/default

MELAKA HISTORICAL CITY TO CELEBRATE HISTORICAL CITY DAY ON 15TH. APRIL 2016

On this coming Friday, 15th. April 2016, Melaka will celebrate her 8th. Anniversary for being declared as Melaka Historical City Day.

In 2015, arrivals of local and foreign tourists to Melaka top 15.7 million. This is an all time high and hopefully Melaka can aim for 20 million visitors by 2020.

There are new attractions being planned and constructed.

A big project by Yong Tai group is Impressions Melaka and Impression City. Chinese and Malaysian investors are involved in this multi billion project.

Melaka Gateway is another major project at Pulau Melaka which includes a new marina, hotels and shopping area. International Cruise ships can berth safely in Melaka as well.

Impression Melaka is an international show directed and put together by Chinese renowned director, Zhang Zi Mou and is scheduled to be opened by end 2017.

This World class shows will be performed at night and guests are expected to spend at least one night for these shows. By doing so, guests must stay in hotels around Melaka including enjoying our food and beverages. Major spin offs are expected for Melaka.

Article source: http://tourism-melaka.blogspot.com/feeds/posts/default