THIS 22-storey, four-star-grade serviced suites/hotel takes up one of four towers situated above the Elements Mall, which is slated to be Malacca's fashion hub. The mall is inspired by South Korea's fashion districts, Dongdaemun and Namdaemun.
Hatten Suites has seven types of suites which come fully furnished and with full hotel facilities, such as a bell boy and concierge, luggage storage, and a lobby with receptionists. Facilities include a swimming pool with a view, a restaurant, sports amenities and a sky bar.
Investors who buy a suite will get 6 per cent guaranteed returns per annum for three terms of three years each. Note that, for the first and second term, the returns are based on one's purchase price, while for the third term, the returns will be based on prevailing market value. Returns are payable every quarter.
Number of rooms: 558 (Seven suite types)
Indicative price: From S$168,000