Pulau Melaka, New Destination for Investors at Melaka

Pulau Melaka is a man-made island. It involved the reclamation of two islands, approximately 40ha and 50ha respectively. The island has a bridge linking to the mainland.

At one time, due to the global economic issues, it was completely abandoned. The project was affected for quite a long time due to the developer at that time was not able to continue with the project. Melaka State Government through the Chief Minister Incorporated (CMI) took over the project and continue. Not only it has restored the area, the Melaka State Government has given the area a new, fresher look. Pulau Melaka is not only just another place for tourism, but it will be a good place to invest.

Pulau Melaka
Illustration of Pulau Melaka in future

The old shop lots and offices that were abandon before is also part of the drastic change that you can see in Pulau Melaka. The changes of the buildings by CMI have been given special attention to make sure that the buildings are in good condition. This is not an easy task, especially for the Melaka state agency. The buildings have been abandon for almost 10 years and a lot need to be repaired. In the end the buildings were sold back to the old owners. The new look of the shop lots and offices would surely attract investors to spend their money in Pulau Melaka.

Pulau Melaka New Look

The island is not made for commercial purpose only. At Pulau Melaka. there’s also a few housing projects. The apartment beside Pulau Melaka mosque is completed and could be used as a residential area, or if you want to make money, rent it out to tourist. You could setup your own homestay like the Kesidang’s homestay.

Pulau Melaka Β is also famous for its floating mosque, Melaka Straits Mosque. The mosque it one of the most visited tourism spots for those who came to visit Pulau Melaka. It is also frequently used by Muslim’s around the area and Muslim’s tourist.

Masjid Terapung

One of the attractions at Pulau Melaka that has been completed is the Wild Life Theater. The concept of the recreation center is to educate tourist on animal habitats. Other than that, there’s also the Arab City development. Arab City’s construction is a collaboration between the Melaka State Government and the developers from Arab countries where the design is according to the specifications and preferences of the people in the Middle East. This would surely attract more people and also businesses from Arab countries to visit.

Several other developments are in the pipeline, including the Eye on Malaysia  & Theme Park which is under construction, cable cars, five-star hotels and other commercial buildings. It will make Pulau Melaka one of a must visit place in Melaka, provided they can fixed the traffic jam in Melaka.

πŸ˜€

For further information about Pulau Melaka you can contact :-
Chief Minister Incorporated (CMI)
Jabatan Ketua Menteri Melaka
Aras Bawah
Menara MITC
7550 Ayer Keroh
Melaka
Contact No: 06-2307277
Fax: 06-232916

1 thought on “Pulau Melaka, New Destination for Investors at Melaka”

  1. Presently as of 19th of May there seems to be very very little economic activity in Pulau Melaka. The buildings when the sale and purchase agreement was first entered into with the purchases was for the purchase of studio apartments. The ground floor houses a shop lot. Build quality is poor and plumbing problems abound. It took years for the project to be completed. The many foreigners, some illegally occupying some of the units tamper the plumbing so as to draw water from the internal pipes embedded in the common dividing wall of units that have installed water meters. There is flat monthly charge of RM 25 once the meters are installed irrespective of how much water is used. Even if there is no usage the payment of RM25 is charged. This has proven costly for those living in the upper floor units which is designed for domestic stay and are unlike the lower floors built & designed as shop lots which can locate a business. Foreign workers stay because the developers of the China project of a 32 storey building (now abandoned and only 19th storey completed) did not build accommodation for these construction workers and so occupy some of these lots. The culture of these foreign workers appear alien to most Malaysian. Many top floor unit experience roof leakages and requires fixing. Should a fire occur the only common exit is through the entrance of the ground floor. The above factors all contribute to the low demand for these units either for domestic stay or for business. This was not the impression given by the developers when the project was launched many many years ago. Many highly distressed, depressed and cross owners instituted legal action against the developer but proved unsuccessful in the Malaysian courts of law. The banks like robots simply and automatically charged interests on the amounts of the loan of those who has taken loans to finance the purchase. The state government then took control, bought oven and somehow completed the project. Many people lost their properties in the course of the wrangling. Everything’s stalled at the moment and hangs in the air, suspended. The pandemic and the lockdown too added to the woes. Post pandemic trends have changed the demand for this sort of buildings. So it is left to be seen whether the owners who had waited a life time would be able to enjoy quiet possession of the property they have purchased there.

    Reply

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.