A Samui condo project developer is putting their money up front before selling.
The S. Cape project in Plai Laem will complete all structures prior to coming to market in the first quarter of this year.
With 76 condos featuring ocean view, the configurations are one, two and three bedroom units.
Exclusive Properties which is under Luxury Villas & Homes has been appointed as Sole Agency.
Pricing starts at THB8 million and up.
The developer will offer a beach club with residents access as an additional amenity.
Investors are closely looking at property prices in Myanmar with a mix of interest and amazement.
Too far, too fast is often expressed in a market which has seen office rentals in Yangon skyrocket to over USD150 per square meter, or nearly tripling in a year.
Land prices for vacant CBD property in the city are moving up past USD4,000 a square meter, while the ownership tenure remains a question mark.
While there has been a rush to develop existing historical properties demands from local owners of huge amounts of key money and significant partnership stakes is running rampant.
The crux of the current issue is can developers afford to be in the market or can they not afford to be there given high demand? Time will tell.
The Manila real estate market is continuing to surge with new upscale offerings.
Here 220 two, three and four bedroom units are being developed by Federal Land.
A 438 room Grand Hyatt hotel and office block is being built in an adjacent tower.
One interesting point is that Hyatt has issued a notification that they are only licensing the product and not providing management services.
Malaysia continues to target more foreigners who want to live or work in the country.
According to media reports an Expatriate Services Department will be launched in March under the Immigration Department.
Aside from the property spured initiative Malaysia My Second Home, another program called Residence Pass-Talent allows foreigners to work for up to 10 years.
The RP-T program is also renewable.
Aside from Thailand's Retirement Visa program and BOI initiatives, the country has been slow to initiate any new incentives under the government of Yinkluck Shinawatra.
One of the major Thai-listed real estate investors into the Phuket property sector Land & Houses are seeing their development footprint creep north.
The 128 home Inizo project near to British International School (BIS) which was launched last year is expected to complete in April.
Pricing points are from just under 4 million up just under 5 million.
The two storey houses feature three bedrooms, two bathrooms and car parking for two autos.
One of Myanmar's largest real estate developments has seen a purchase an shareholding stake in a prime Yangon 10 acre parcel.
Signapore's Yoma Strategic Holdings along with key shareholder Sergie Pun are taking over a marjority stake in a local affiliate.
The project which is partly on a property which formerly houses railway headquatrers includes a 5 star hotel, four star hotel, service apartment, condominium and two office towers.
Media reports have part of the project funding coming from property pre-sales.
Luxury estate Malaiwana is bringing their third and final phase to the market with the new luxury Residences.
The new phase consists of 8 duplexes and four penthouse units, with pricing ranging from THB72 million up to THB106 million (USD2.3 million to USD3.4 million).
Sizing ranges from a built up area of 600 square meters to 735 square meters for the premium units.
I spoke to developer Stephen Paine who confirmed that six of the twelve Residences were privately reserved pre-launch by existing clients.
Construction will start in May and take two years to complete with the entire project being developed in one go.
The Malaiwana UP beach area at the end of Nai Thon is open again this year but the beach club is only being used for private events.
Phuket's property sector is seeing as rise in new products, and one we are closely watching is the new Amari Residences in Patong.
Located adjacent to the Amari Coral Beach resort, the development will have 148 apartments and 12 villas.
A public launch is expected in the first quarter of 2013 with CBRE Thailand handling project sales and marketing.
Ownership is on a leasehold basis, unlike the Amari branded product which was sold in Hua Hin on a condominium structure.
Pricing has yet to be finalized but it's expected to be significantly higher than the recent Laguna Shores offering in Bangtao.
With a lease offering and geared towards investment buyers on hotel yields, the apartments are highly segmented into the foreign marketplace.
The industry will be closely watching the offering to see how receptive sales pace will be to the offering.
It's not been finalized yet whether unit owners must enter a rental pool or will have an option.
For the Amari Coral Beach the inventory and new product will boost the hotel's trading prospects.
Asia's rising real estate star remains the Philippines and its celebrity driven sector is booming.
Century Properties after successfully teaming up with Donald Trump and Paris Hilton have now launched a third glam offering.
This time out it's a called the Acqua Igazu Private Residences featuring the yoo design team founded by Philippe Starck and John Hitchcox.
Aqua which is 50 storey's tall will have 400 units and is topped off with a Starck inspired Cielo named roof deck.
