Jan 7, 2010

Morib Gold Coast project

Everything for a good holiday
Story and photos by Elan Perumal
7/Jan/2010


THE RM1bil Morib Gold Coast project is expected not only to draw a large number of tourists to the beach but also offer business opportunities for locals in the area.

A total of 300 retail outlets will be housed in a 10-storey building that marks the final phase of the project.

The outlets, which are being sold for RM69,999 each, will be located on the first three floors of the building. The block will also house a five-star hotel from the fifth floor upwards.

STG Group chairman Datuk Alex Tan Siong SengWork on the building has started and it is expected to be completed in 18 months' time.

As an incentive, STG Group chairman Datuk Alex Tan Siong Seng said, the first 50 purchasers of the outlets would be offered a seven-day/six-night trip for two to Guangzhou, China.

During the all-expense-paid trip, the buyers would be involved in meetings with businessmen from the city, Tan said.

"They will have the opportunity to get to know new businessmen and perhaps do business with them," he added.

Tan said the retail outlets were also available for rent to small retailers who were unable to purchase them. The monthly rental would be a nominal RM400.

Tan said retailers could be also provided with basic retail stocks for a minimum capital of RM2,000, depending on the type of items they wished to sell. This could go up to a maximum of RM10,000 worth of goods.

For entrepreneurs: The retail outlets are available for sale or rent.

For entrepreneurs: The retail outlets are available for sale or rent.



"The outlets on the first floor of the building will sell various local products, including souvenirs, handicraft, batik and foodstuff.

"The two other floors will offer visitors various other types of goods," he said, adding that each retail outlet could be run by a single person as centralised cashiers would be deployed.

Besides selling their goods to walk-in visitors, especially tourists, Tan expects all the retailers to double as wholesalers.

He said the retailers would be put in contact with the manufacturers from the beginning, and they would be able to supply large volumes of goods whenever there was a demand.

Sun, sand and sea: The beach resort will offer tourists a good holiday.
Sun, sand and sea: The beach resort will offer tourists a good holiday.



This, he said, would be a great business opportunity for the locals as he expected the Gold Coast project to be a big hit among visitors and tourists.

Being situated so near the KL International Airport, the resort was expected to draw thousands of visitors daily once it was fully operational, he said.

Morib is set for a massive change when the project, which has 686 units of serviced apartments to cater for holiday-makers, opens.

Tan envisaged Morib booming with economic and tourism activities once the project was completed, noting that the resort would be the nearest to the country's number one gateway by air and that it would be offering a complete holiday experience for tourists.

"We have everything required, from accommodation and restaurants to theme parks and the beach.

"Holiday-makers will have an exotic experience at our resort," he said confidently. -- The Star

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