GRRMALAYSIA
Featured Investment Opportunity · Port Dickson

The Only Water Villa Resort Built to Beat Its Own World Record

Lexis Hibiscus 2 is designed to surpass the two Guinness World Records held by its sister resort — with 8% guaranteed in years 1–3, and a profit-sharing model projected to average 11.5% gross over 15 years.

Jump to the ROI Breakdown Book a Private Briefing

A note on our list: GRR Malaysia currently features one opportunity — this one. It's the only project so far to pass our vetting criteria. As others do, they'll appear here too.

Lexis Hibiscus 2, Port Dickson

The second hibiscus-shaped overwater resort on Port Dickson's waterfront — designed to be the world's largest overwater homes development. Every unit is a private-pool villa over the Straits of Malacca.

  • 1,734 total rooms — 910 overwater villas, 800 tower rooms, 24 aquarium rooms
  • Sunken aquarium with in-built restaurant; the largest ballroom in Negeri Sembilan
  • 5-star resort rating, operated by Lexis Hotel Group
  • Forecast completion: June 2029

KLIA 55 km · Kuala Lumpur 100 km · Malacca 80 km

Overwater villas of Lexis Hibiscus 2 on stilts above the Straits of Malacca — artist's impression
Artist's impression.

Watch the Project

Lexis Hibiscus 2 video preview
Full walkthrough (English, 7 min) → 完整介绍视频（中文，7分钟）→

Why this is different from a condo

  • A private pool, not a shared amenity — the feature behind the sister resort's two world records
  • Resort-tourism demand, not a local tenant pool — 10.2 million guests from 186 countries so far
  • Fully managed — no tenants to find, no bookings to run, no maintenance to handle
  • You get to use it — 10 free nights per year at the resort

How Your Return Is Structured

Years 1–3 — Guaranteed

8% per annum, guaranteed by the developer (24% cumulative), paid quarterly in arrears. Alternative: 6.5% p.a. net in advance during construction, with the developer covering all outgoings including maintenance and sinking fund for those 3 years.

Years 4–15 — Profit-Sharing

Paid monthly. 75% of net operating profit is distributed among participating buyers in proportion to purchase price; 25% is retained by the developer and operator.

PeriodProjected Gross ReturnProjected Net Return
First 3 years (guaranteed)8% p.a.7.1% p.a.
15-year average (projected)11.5% p.a.10.2% p.a.
Year 15 alone (projected)—14.05% p.a.

Only the Years 1–3 figures are guaranteed by the developer. The 15-year average and Year 15 figures are projections based on forecast occupancy (60% rising to 67%) and room rates, per the developer's official sales documentation. Actual performance may vary. GRR Malaysia presents the developer's own projections, not an independent forecast, and recommends independent financial advice.

Projected break-even: the developer's 15-year model forecasts principal break-even in approximately 10 years or more.

The Sister Resort Is Already Running

Lexis Hibiscus Port Dickson — the original, opened 2017 — posted these actual results in 2024:

02024 revenue (actual)
02024 average occupancy
02024 average return rate
0Avg. nightly rate 2025 (was RM490 in 2015)

These are the original resort's actual results — not a projection or guarantee for Lexis Hibiscus 2. They're shown because they demonstrate the concept already generates real, verifiable revenue at scale. Room rates per Booking.com, as cited in the developer's sales documentation.

The Fine Print, Unfolded

The details most property sites bury — payment schedule, running costs, and package mechanics — are all here. Open what you need; bring questions to the briefing.

Staged payment schedule (10 milestones to June 2029)
  • 10% on signing the Sale and Purchase Agreement
  • 10% on completion of site clearance and sea reclamation
  • 15% on completion of piling works
  • 10% on ground floor slab (forecast June 2026)
  • 10% on first floor (Nov 2026) · 10% on RC framework (May 2027) · 10% on metal roofing (Nov 2027)
  • 10% on wall structure (May 2028) · 10% on electrical & plumbing (Nov 2028)
  • 5% on handover with utilities ready (forecast June 2029)
Monthly & annual running costs (Type A, 858–872 sq ft)
  • Maintenance ~RM515–523/mo · Sinking fund ~RM52/mo · Sewerage ~RM15/mo — total ~RM582–590/month
  • Annual total incl. insurance, quit rent, and assessment: ~RM8,988–9,090
  • Refundable handover deposits: electricity RM2,800, water RM350, 2 months' maintenance RM1,080
  • All figures except maintenance and sinking fund are estimates finalised by authorities at handover.
Zero-downpayment & cashback package (illustrative example)

For eligible buyers, the developer's package can result in a net refund rather than a downpayment. Illustration on a RM1,000,000 unit: 10% rebate (RM100,000) + eligible discount on RM900,000 (RM45,000) + 75% bank loan (RM750,000) + 3-year rental offset (RM166,725) = net refund of RM61,725 to the buyer. Booking fee RM2,000, refunded upon loan disbursement.

This example applies only to buyers who qualify for every component, including loan approval and any applicable discounts. Your figures will differ — ask Summerfield for a personalised calculation.

Financing examples (from the developer's sales kit)
  • Local buyers: up to 75% loan at ~4.00% interest (illustrative, UOB)
  • Overseas buyers: up to 60% loan at ~4.10% interest (illustrative, UOB)
  • All financing subject to bank approval; rates and margins change — verify current terms.

Who's Actually Building This

A track record isn't a marketing word here — it's a public list. Kuala Lumpur Metro Group: founded 1996, 1,500+ employees, 15 completed projects, 100% sold — including the original Lexis Hibiscus, Grand Lexis, Lexis Suites Penang, and Imperial Lexis KL. Two Guinness World Records (2016). World Luxury Hotel Awards winner across six years; 6 HAPA wins (2023–2024); Green Era Award for Sustainability (Rome, 2016).

DeveloperKL Metro Property Development Sdn Bhd — 201901040005 (1349335-X)
OperatorLexis Hotel Group (lexis.my)
LandownerMenteri Besar Negeri Sembilan (Pemerbadanan) — state government body
Bridging FinancerUnited Overseas Bank (Malaysia) Bhd
Resort Rating5-star, Ministry of Tourism, Arts & Culture Malaysia
Joint-Venture SigningWitnessed by YB Dato' Seri Anwar Ibrahim

Inside a Type A Show Unit

Private plunge pool beside the bedroom, Type A show unit Master bedroom with sea-view balcony, Type A show unit Bathroom with twin vanity, Type A show unit Bedroom interior, Type A show unit Infinity swimming pool — artist's impression Floating beach bar at night — artist's impression

Show unit photography and artist's impressions. Type A: 858 sq ft (lower) / 872 sq ft (upper), 2 bed, 2 bath, private pool.

Frequently Asked Questions About This Opportunity

What is the guaranteed rental return?

8% per annum for the first 3 years, paid quarterly — or 6.5% p.a. net in advance during construction with outgoings covered by the developer. From Year 4, returns move to profit-sharing, which is projected but not guaranteed.

What happens to my rental income after Year 3?

From Year 4 to Year 15, 75% of the resort's net operating profit is distributed among participating buyers in proportion to purchase price; 25% is shared between the developer and operator. Paid monthly.

Is the 11.5% average return guaranteed?

No. The 11.5% gross (10.2% net) 15-year average is the developer's projection based on forecast occupancy and room rates. Only the Years 1–3 return of 8% is contractually guaranteed.

How much does a unit cost?

Indicative pricing from RM860,000, average RM1,000,000 for Type A units, per the developer's official documentation. Confirm current pricing and availability with Summerfield.

Can foreign buyers get financing?

Yes — illustratively up to 60% loan-to-value at ~4.10% for overseas buyers, versus up to 75% at ~4.00% for local buyers (UOB examples from the sales kit, subject to bank approval).

When will it be completed?

Handover of vacant possession is forecast around June 2029, tied to a 10-stage payment schedule linked to construction milestones.

How is this different from the original Lexis Hibiscus?

It's a new, separate development designed to exceed the original's two Guinness World Records. The original's 2024 results (53.28% occupancy, 6.35% return) are shown as proof of concept — not as a projection for this project.

Can I exit the rental programme?

During the tenancy period, the purchaser may terminate the tenancy contract with 3 months' advance written notice to the developer, per the official rental programme terms.

See the Full Numbers in Person

Floor plans, the scale model, and complete payment and rental scheme documentation — at the Pavilion KL showroom.

Book a Private Investment Briefing Ask a Question First