Monday, November 12, 2007

Eco-Friendly Borneo Highlands Eyeing International Market


KUCHING -- Built on a former timber logging area, the Borneo Highlands Resort is a unique eco-friendly luxury residential development in Southeast Asia that is set to penetrate the international market starting next year.

Standing at 1,000 metres above sea level atop the Penrissen mountain ranges and literally a stone's throw away from the southwest Kalimantan border, about 25 percent of the total area of 5,177.5 acres has been developed so far by promoting the "Back to Nature, Back to Basics" lifestyle.

The resort's chief operating officer, Loh Leh Ching, said its developer, Borneo Heights Sdn Bhd, would initially target the real estate to the regional market, including Singapore, Brunei, Japan, South Korea, Hong Kong, Australia, especially as a second or holiday home.

The resort, which has spent RM120 million on upgrading the facilities and infrastructure since its inception in 1995, is a joint venture between Country Heights Holdings Bhd, which holds a 70 percent stake and the Sarawak Land Custody and Development Authority (LCDA) with the remaining 30 percent.

"At present, 149 of the maximum projected 500 bungalow lots are already developed, including one lot purchased by a lawyer from the United Kingdom and another by a Singaporean businessman, while we have also received enquiries from Japan and Taiwan," Loh told Bernama during a recent tour of the resort, about an hour's journey by road from here.

Continue reading at: Eco-Friendly Borneo Highlands Eyeing International Market

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