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Cuisine in Melaka

PRICES AND RENTALS OF HERITAGE SHOPHOUSES RISE IN HISTORIC MELAKA

9th. October 2012

Since the announcement of Malacca and Georgetown as World Heritage Cities in 2008, both cities have seen a rise of local and foreign tourists arrivals. Melaka has seen tourists arrival increase from 8 million in 2008 to about an estimate of 13 million visitors in 2012 or about 15% increase year on year basis. These arrivals have helped Melaka and Malaccans economically and tourism is regarded as one of major source of income despite her small population. Malaccans cannot deny that fact tourism has benefitted them.

With Melaka being world recognised as a heritage city, property prices and rentals within the Heritage city areas have jumped by 30%. Within the Jonker street and Heeren street, heritage freehold shophouses prices are now being offered between 3 to 5 Million which are unheard of previously. Foreigners especially Singaporeans and Australians consider these prices as cheap in relative terms to the exchange rates. Singaporeans in particular are buying up these properties as investments since Melaka is just 3.5 hours drive away from Singapore.

At the same time, property owners within Melaka are also asking for higher rentals for businesses. Some businessmen from KL are also coming in to invest in properties and businesses as they see the potential of Melaka as a popular tourist destination. Similar trends are also seen in Georgetown, Penang.

New developments in international brands and boutique hotels are being constructed in Melaka and shopping malls are being built on reclaimed land around Bandar Hilir and Klebang. Hopefully, with the construction of new roads such as the coastal road at Klebang and expansion of the Ayer Keroh highway (construction of flyovers at strategic interchanges) will held weekend traffic jams.

Melaka Historical City council should undertake and develop a masterplan so that Melaka can benefit from this in years ahead.

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

Categories
Cuisine in Melaka

MELAKA OVER-BUILDING COMMERCIAL SHOPS

28th. February 2012

I went back to Melaka yesterday for a short trip. When I was in Melaka, I had the opportunity to drive from Melaka Raya to Klebang.

Land reclamation works have been done from Melaka Raya until Klebang. More reclamation works are also being undertakened.

If you drive from Melaka Raya to Limbongan via the coastal highway, the reclaimed land on both sides of this coastal road, has been boarded up for new development. There will be new shopping malls, commercial shop houses, SOHO, condominiums and others. You name it and you will find them. Investors are pumping money into the development of this land. Was informed that there will be more than 4,000 shop houses etc. within Limbongan area.

While it is good for the Melaka Historical City Council in collection half yearly assessments from owners of these shops and offices, the question remains is whether Melaka can sustain this rapid development without proper planning.

These shops and offices can turn into empty shell if there is no business to go around. They can be left vacant as there are no tenants to rent these premises.

Pockets of unoccupied shops and offices will occur especially those not facing the main road and if this happens and owners will be be in debt if they cannot service their loans.

Overbuilding is a nightmare for property developers and Melakans will not want to see empty commercial centres dotting around Melaka. Do not follow the herd mentality and let us have a continuous but sustainable growth for Melaka.

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

Categories
Cuisine in Melaka

WILL MELAKA OVERBUILT WITH COMMERCIAL SHOPS

28th. February 2012

I went back to Melaka yesterday for a short trip. When I was in Melaka, I had the opportunity to drive from Melaka Raya to Klebang.

Land reclamation works have been done from Melaka Raya until Klebang. More reclamation works are also being undertakened.

If you drive from Melaka Raya to Limbongan via the coastal highway, the reclaimed land on both sides of this coastal road, has been boarded up for new development. There will be new shopping malls, commercial shop houses, SOHO, condominiums and others. You name it and you will find them. Investors are pumping money into the development of this land. Was informed that there will be more than 4,000 shop houses etc. within Limbongan area.

While it is good for the Melaka Historical City Council in collection half yearly assessments from owners of these shops and offices, the question remains is whether Melaka can sustain this rapid development without proper planning.

These shops and offices can turn into empty shell if there is no business to go around. They can be left vacant as there are no tenants to rent these premises.

Pockets of unoccupied shops and offices will occur especially those not facing the main road and if this happens and owners will be be in debt if they cannot service their loans.

Overbuilding is a nightmare for property developers and Melakans will not want to see empty commercial centres dotting around Melaka. Do not follow the herd mentality and let us have a continuous but sustainable growth for Melaka.

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

Categories
Cuisine in Melaka

HERITAGE TAX FOR ROOMS FIXED AT RM 2.00 PER ROOM ONLY

January 16, 2012 17:53 PM
Melaka Abolishes 5 Percent Heritage Charge, Replaces It With RM2 Charge
MELAKA, Jan 16 (Bernama) — The state government has abolished the five percent heritage charge imposed on hotels, lodging houses and homestays and replaced it with a RM2 charge.

Chief Minister Datuk Seri Mohd Ali Rustam said the charge was abolished because of objections by hotel, lodging house and homestay operators who felt it had a negative impact on their businesses.

“Discussions were held today with their representatives whereby they have agreed to the new charge,” he told reporters after a dialogue on the heritage charge, here today.

Mohd Ali said based on the RM2 charge, guests would only have to add RM2 to their room rates.

He said the RM2 charge which would involve 12,000 hotel rooms, lodging houses and homestays throughout Melaka was expected to be enforced in April.

“The state expects to collect at least RM4 million each year from the charge, which would be utilised for developing the tourism sector.

“Operators must duly settle the charge monthly with the local authorities such as the Melaka Historical City Council, Hang Tuah Jaya municipal council, Alor Gajah municipal council and Jasin municipal council,” he said.

He added that a heritage charge implementing committee would be formed to facilitate the process.

— BERNAMA

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