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Property Updates and Announcements |
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Story : compiled by Kirstie Flood with Hana Borrowman |
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Bang Saray Talay Sawan - The Secret’s out in
John Sheehan, the Managing Director of the development company explained, “When the land was acquired in 2005 we were determined to raise the standards for luxury living. With one of the top locations in Bang Saray adjacent to the ocean, we planned to provide our Villa owners with the ultimate in luxury living at an affordable price.” He added “Having analysed the Eastern Seaboard residential market in detail we felt that there was a need for something special. We looked to the top resort area of Phuket and employed one of the top designers in the form of Damask International to design something special with very high specifications and then turned to Phuket Taksin Construction Company to come to Bang Saray and construct the entire development.” Due to the unspoilt nature of Bang Saray, exemplified by its beautiful white beaches, it was decided to develop Thai style villas built to European standards and to include a 10 year structural guarantee (a first in this area) because of the quality of design and materials being used. Each villa now includes its own swimming pool, Jacuzzi, while others also incorporate Sauna’s and Maids quarters. Phil Alexander, President of Martello Realty the sole and exclusive agent for the project, confirmed what a visitor to the site will see, “ an exciting development, literally only metres from the ocean’s edge. The designs and the construction quality are second to none with the outdoor and indoor living areas seamlessly meeting each other. With the infrastructure complete and already six luxury Villas close to completion we are looking forward to achieving more early sales with prices starting at 15 million baht. We are also looking forward to the second Talay Sawan development which will be launched later this year not very far away The Talay Sawan development, has now opened its doors for viewing for the first time? clearly the secret’s out! Phuket A Serene Location and Unique Investment Opportunity
Unlike the West coast of Phuket, where the race for land has placed residential, retail and resort properties in close conflict and even closer proximity to one another, the Eastern shores allow discerning buyers an opportunity to own an un-spoilt and secluded piece of paradise. Ideally located no more than fifteen minutes drive from Phuket International Airport and five minutes from Thailand’s premiere Golf Course ? the Jack Nicholas designed Mission Hills Resort & Golf Course, The Estate can be your escape and gateway to one of the most spectacular natural environments in South East Asia. Identified by institutional investors as Phuket’s last remaining area for high-end coastal development, the developer has seized this opportunity to create a customized community of luxury homes on approximately 45,000 square meters of land overlooking the unforgettable headland of Leam Yang and the limestone pinnacles that Phang Nga Bay is renowned for. In fact few developments in South East Asia can boast the average plot size that The Estate provides 3,750 square meters. Matthew D. Rayner, President and CEO of Estate Group, revealed in a recent interview “The Estate Represents an excellent investment opportunity compared to the West Coast ? in plain English: more land, less money ? a remarkable combination of lifestyle and investment opportunity that cannot be offered anywhere else in South East Asia”. From a Property Management perspective, The Estate has recently confirmed the appointment of CB Richard Ellis, Phuket’s leading property management company as the manager for this unique development. CB Richard Ellis’ Phuket Director, Mr. James Saunders said “We are very proud to have been selected for this prestigious development and we feel that our values and vision match those of The Estate”. New Branch for Harrison
Harrison is now confident that the time is right to open a local sales office that can bring the full range of property services for which it is well known. So if it is project sales, market evaluation, investment services to property management the new Phuket branch office will be able to deliver. To help guide this new strategy, Harrison is pleased to announce David Collins as their Senior Vice President and General Manager. To assure the success of the resort properties expansion, David will personally champion these efforts. In discussing the expansion plans, David said “key elements need to be ready including the right marketing plan, qualified staff and a portfolio that customers will go out of their way to see, after all its all about delivering customer satisfaction”. What is next for the Harrison’s plans, David again said “...that customers want to make sure they a buying for their future, so want to be were they want to go. This will include opening similar offices in Hua Hin and Pattaya” Royal Phuket Marina’s Aquaminium Penthouses Sell for Record Price
The triplex penthouses, which are the most desirable units in the world’s first Aquaminium, were bought by two European bankers. The successful sales event saw a further six reservations made for properties at the marina. “The fact that we sold the most highly priced units in the Aquaminium so quickly demonstrates the desirability of this completely unique product,” said Mr. Gulu Lalvani, owner and developer of the marina. “Investors are clearly looking at the success of our Phase 1 development where re-sales are producing capital appreciations of up to one hundred per cent,” he added. David Simister, Chairman, CB Richard Ellis Thailand and sales agent for the Hong Kong launch commented: “Phuket real estate has, for virtually all buyers, been one of their most successful investments ever. This fact coupled with a lifestyle to rival any worldwide resort has promoted continued interest and Royal Phuket Marina offers something completely unique in a highly desirable part of the world.” Royal Phuket Marina’s Aquaminium is a pioneering concept and the world’s first condominium to feature private boat-berths within the residence itself. The property comprises three buildings and offers investors varying unit types including triplex and duplex penthouses, and two and three bedroom condominiums, and offers one of the world’s most unique investment opportunities. Bangkok Knight Frank Cocktail Evening Knight Frank Asia Pacific recently hosted a summit cocktail reception at the British Club in Bangkok. The evening was well attended by industry professionals, and country heads represented Knight Frank Asia Pacific and Australia. It was an interesting evening with Knight Frank Asia Pacific on hand in an informal open discussion environment. CHA-AM
Baan Chaan Talay offer luxury low rise 4 and 7-storey residential condominiums situated in Cha-Am, a mere 2-hour drive from Bangkok. The 22 villa style units features its own swimming pool for privacy and relaxation. The other 2 infinity-edged swimming pools bask in the warmth of the sun. All residences are embraced by more than 75% of lush greenery of the landscape and a large freeform lotus pond for tranquility. Developed on 14 rai of land, construction commenced in June 2007 with an expected completion date of December 2008. Prices start from 3.4 million baht up to 45.6 million. PATTAYA
Ocean Portofino Condominium is a 36-storey premium condominium located on a 25-rai plot of land in the midst of the luxurious Yacht Club and Riviera resort with beautiful views of the Gulf of Thailand from every unit. A contemporary and luxury condominium with 268 units of 1-2-4 bedrooms ranging from 76 - 238 square metres of living areas. All rooms face the beach front and the yacht dock, with the owners getting special privileges in, and becoming members of the Ocean Marina Yacht Club. Expected Completion Date is July 2008 and the project has so far achieved 30% sales from the total units available. Hua Hin
Interntional real estate gurus/moguls Engel&Volkers have already made their mark in Thailand in Phuket, but the latest venture to receive their midas-touched backing is in the somewhat less saturated upmarket property field of Hua Hin. Although a rising destination in more ways than one, Hua Hin is an exception to the rapid development rule with planning restrictions burgeoning forth, but not skywards. Unlike Pattaya’s tightly packed teetering coastal skyline construction, in Hua Hin development is defined within strict parameters to protect the dignity of this traditionally regal coastline. Restrictions that include bans on both beachfront and sky-high structures as well as generous space requirements around buildings. This had lead to a somewhat more imaginative and ultimately less imposing real estate scene. Rather than high-end, high-rise seafront towers blotting the natural landscape, in Hua Hin spacious hilltop villas sparsely dot the landscape, set in languid green surrounds which still capture coastal breezes. A perfect example of this is the uniquely inspired and unusually tagged “monastery styled” AKA Resort Guti Villas. As Duangai Kraus, the new managing director of Engel&Volkers Hua Hin (Double 8 Realty Co. Ltd) explains, Hua Hin offered the perfect location for the Guti Villas concept. ‘Hua Hin’s reputation is very different, as a coastal resort it’s smaller and more relaxed than other major destinations and has a unique traditional history. It’s also far less built-up and more natural, but still has second to none amenities such as world class golf courses. It’s ideal for a second home or weekend retreat. We’re already attracting a mixed customer base of both Thai families and ex-pats ? even people just walking in off the street, the Engels&Voelkers shop-front seems to have inspired interest already.” As Duangai adds, “The big developers here are now gaining influence and are already pushing the government to better the infastructure, including enlarging the highway linking the two destinations. Passionate about the unique qualities of this development, Duangrai Kraus has an exemplary track record in marketing and hospitality as well as a solid network of contacts in the luxury end of the Thai market that has marked her out for this new role. Engels&Voelkers complement this expertise perfectly with their own unshakably solid reputation in the industry that reaches well beyond Thailand and the East to a worldwide customer-base and the all-important European market. In fact in many ways the blending of Eastern and Western expertise on this project seems to have created a harmonious ‘fusion’ - a carefully crafted balance. Despite the overall concept of “oriental serenity”, ambience of spa-like decadence and picturesque perfection, practical and business-like aspects which also remain uncompromised. Along with local knowledge and expertise the benefit of the extensive experience in the proerty market that Engels&Voelkers provide also assures industry know-how right from the smallest details up. In terms of the kind of quality the potential purchaser can expect, this includes an avoidance of common pitfalls such as cutting corners where it matters most. As Dungai adds “Rather than fixtures and fittings found and fitted in Hua Hin as is most often the case in construction here, every item of the villas interior is carefully sourced from Bangkok or beyond and installed by highly skilled professionals. Quality is always prioritised.”
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During the last few years, many property pundits have been speculating as to the type of residential development that would take place in the beautiful fishing village of Bang Saray. With the unveiling of Talay Sawan (Paradise Cove) a 31 luxury five star villa development adjacent to the ocean in the heart of the village, many of these questions have now been answered. With the first of the show villas already complete, Talay Sawan is certainly one of the highest class projects to be seen on the Eastern Seaboard to date. 
The Estate Phuket is an exclusive community of custom-designed homes situated on Phuket’s picturesque and stunning Eastern coastline with panoramic views across the iconic Phang Nga Bay.
For good business it is about having the right strategy, which calls for having the right assets in place. No one can fault Harrison for waiting for that right moment. As Harrison makes the move from being the largest Thai owned property broker to an international property consultant. With liaison offices in the Europe and throughout Asia it now has the reach to bring value to its resort properties market. Part of Harrison’s global strategy is to go abroad to bring quality investors back to Thailand
Both triplex ‘Aquaminium’ penthouses, with private yacht berths incorporated into the design of the condominium, sold for more than US$2 million - a record breaking price for Phuket - at the Royal Phuket Marina sales exhibition held at the Four Seasons Hotel, Hong Kong. 
Luxury Low Rise Condominiums now available
Selling fast at Ocean Portofino Condominium
Inspiring Guti Villas|
Tropical Living: July 2007, Volume 7 Issue 2 |
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