Historically, Malaysia has always been recognised as a strategic location for tourism, most notably for its natural, cultural, and historical destinations. However, in recent years our nation has emerged as a global giant in medical tourism – most notably winning awards for various categories in the healthcare and medical tourism industry by the International Medical Travel Journal (UK) from 2015 to 2017, and again in 2020. 

With more than 1.22 million healthcare travellers to Malaysia and close to RM1.7 billion of healthcare travel revenue in 2019, as well as a 16.3% Compounded Annual Growth Rate (CAGR) between 2015 – 2019, it’s no surprise that the medical tourism industry is considered to be a lucrative one. Medical tourists may come to Malaysia for its high-quality and affordable healthcare but find themselves staying for its rich diversity as a tourist destination. 

Future medical tourists will be able to enjoy KL Wellness City – a 26.49-acre wellness-centric township planned to innovate the way wellness and healthcare are practised and delivered. Visitors will have access to medical and non-medical amenities, lifestyle and healthcare retail, and more with walkability in mind.  

This new opportunity for an established healthcare township presents a unique proposition to invest in its Wellness Suites. Located in the heart of Bukit Jalil, the Wellness Suites will be built to cater to visitors who require world-class facilities from the adjoining International Tertiary Hospital, whilst enjoying resort hotel facilities. 

For those setting their sights on a potential investment vehicle, here are some reasons why KL Wellness City’s Wellness Suites may be a viable property investment: 

Award-Winning Developer

Helmed by master developer KL Wellness City Sdn Bhd, the key management team is led by a team of doctors and specialists with experience in building award-winning healthcare facilities. Founder and esteemed medical doctor Dato’ Dr Colin Lee had previously developed the Tropicana Medical Centre – a 5-star tertiary and prestigious medical centre in Kota Damansara. In 2021, the developer began building KL Wellness City’s International Tertiary Hospital and also started construction of The Nobel Healthcare Park – a dedicated medical wellness suite complex within the township. 

Thanks to the vision and innovation behind the project, the developer has won several awards including the Best Mixed-Use Development in Asia award and the Consumer Game Changer Award, at the Asia Property Awards 2022 – marking them as capable and established leaders at the forefront of their field. Most recently, they have also bagged The Long Life Award for Best Health and Wellness Development at the StarProperty Awards 2023. 

A Self-Sustaining Township Within A Central Location

KL Wellness City is located within Bukit Jalil, a vibrant neighbourhood with a ready catchment population located within the International Zone of Kuala Lumpur Master Plan 2020 with easy accessibility from Kuala Lumpur International Airport. It is also home to notable landmarks such as Bukit Jalil National Stadium, Axiata Arena (KL Sports City), and its green surroundings such as Bukit Jalil Recreational Park. 

At the heart of Bukit Jalil lies the township of KL Wellness City, just 300 metres away from Pavilion Bukit Jalil. What makes the township a premier wellness destination is the International Tertiary Hospital –  approved with 624 beds and scalable to a 1,000-bed capacity. Medical tourists who are patients at the hospital will be able to recuperate in the Wellness Suites post-treatment, within a self-sustained township environment that offers a wide variety of modern and chic lifestyle offerings. 

Recuperating visitors will find that the township itself is designed with accessibility and walkability in mind. With wheelchair-accessible covered walkways and cycling trails, they’ll be able to meander through scenic gardens and parks, perfect for the community to gather, meet or rejuvenate.

Medical tourists with family members who are here on holiday can also look forward to a lively community of retail shops, stocked with local and international brands at the neighbourhood Lifestyle & Healthcare retail mall, as well as a variety of dining choices ranging from artisanal cafes and contemporary restaurants. Families will also be pleased to know that there are a variety of children’s support services to take care of their child’s developmental needs during their stay. 

Tourists who eventually want to travel out of the township will also benefit from the accessibility of KL Wellness City. The strategic location ensures immediate and comprehensive access to road and rail services, which includes 7 major highways (Bukit Jalil Highway, KESAS, MEX, North-South Expressway, Besraya Highway, LDP, and Silk) and 6 LRT stations (Alam Sutera, Awan Besar, Muhibbah, Sri Petaling, Kinrara BKS, and Bukit Jalil) within a 10km radius. 

Wellness Suites’ Unique Features

With a variety of unique features catering to the different needs of medical tourists, KL Wellness City’s Wellness Suites are purposefully designed to facilitate healing, rest, and rejuvenation, in order to complement the demand generated by the International Tertiary Hospital. The fully-furnished Wellness Suites come in two sizes – studio and single rooms.  Among the features that are available in the Wellness Suites include trolley-bed and wheelchair accessibility, shower benches and rails for recuperating visitors, and even a kitchenette and fridge for visitors with families on longer-term stays. 

Visitors will also get to enjoy resort-like facilities which include a 50m lap pool, jacuzzi, Sandy Cove, sauna, Sky Gym, Sky Lounge, and more. With a ground-floor common area with plenty of F&B and retail outlets, the Wellness Suites will house everything you would need in one location for a restful vacation after a medical operation. 

Hassle-Free Management

Investing in Wellness Suites can differ significantly from investing in other long-term real estate properties for lease on the rental market. What makes KL Wellness City’s Wellness Suites different from other vacation rentals is its built-in demand from visitors from the adjacent International Tertiary Hospital, ensuring a steady flow of healthcare visitors renting your Wellness Suite unit. 

As some potential investors who are first-time hosts may find it challenging to handle the additional responsibilities and costs involved, fear not as KL Wellness City hospitality team offers rental management services with profit sharing scheme for buyers.

In a typical scenario, outside of acquiring a vacation rental unit, ongoing expenses and tasks include and are not limited to: 

• Maintain and update the short-term rental listings on sites like Airbnb
• Market the property, arrange for photography, request guest reviews  
• Manage bookings and update availability across platforms 
• Record-keeping tasks which include finances, bills, taxes, payroll, or vendor management 
• Arrange for cleaning and maintenance between every guest

With the help of the KL Wellness City Hospitality team, the projected rental yield has the potential to reach more than 10% rental yield even with a short-term stay of mere 20 days within a month of a fully furnished Wellness Suite unit, making it a viable option for property investors opting for single or multiple units. The table below provided by KL Wellness City provides a more comprehensive view of the potential returns investors may see on a monthly basis: 

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At a starting price of RM 366,000 with a host of various amenities and accessibility to world-class health facilities, KL Wellness City’s Wellness Suites is an ideal choice for property investment, at an entry-level price. As Malaysia grows its medical tourism at a rapid pace, the Wellness Suites may be an investment opportunity that could potentially double or triple a typical fixed deposit return. 

Click here to learn more about KL Wellness City’s Wellness Suites today or call 03-8090 7771 to set up an appointment to view the Wellness Suites showroom. 

• TAGS:
• KL Wellness City
• KLWC
• Property
• Property Investment
• Wellness Suites