Phuket's Royal Phuket Marina is launching the third phase of their residential development this weekend in Singapore.
Branded as La Reserve Residences the initial offering is 40 one and two bedroom condominiums with rooftop Sky Pools.
A sales launch is rolling out this weekend at the SMART Property Exhibition in the Lion City.
Families are a focus for the new product with an extended Kid's Club and extensive play facilities.
While Phuket's domestic condo market has seen significant movement over the past year with players such as Sansiri hitting the headlines, the RPM launch will be closely watched as a gauge for the overseas resort grade real estate market.
For the most part the development space of condominiums is very much the domain of same-same copycat projects.
In Malaysia one space that caught our eye is the Subang Olives Residence, which is putting forth a different sales proposition to prospective buyers.
Utilizing a layout whichwas pioneered in the US by the vacation ownership industry; a condo is broken into two units with a common lock off entrance for both.
Buyers can rent out the larger units like a two bedroom and retain a studio suite for their own use. Optionally the studio can also be accessed by a connecting door to the primary unit, so if desired larger units can be had for the asking.
What's great in this scheme in the flexibility of a condo for multiple uses and markets.
Upscale condominium project Bluepoint on the Patong headland have won an Asia Pacific Property Award.
The Asia Pacific Property Awards 2012 will be presented in Kuala Lumpur on April 27th at the JW Marriott Hotel.
Part of the International Property Award series, the Bluepoint nod looks to recognize architect Paul Raff and the developers behind the project.
In the aftermath of the shooting of 5 suspects in an alleged terrorism plot in Bali, details are now emerging.
The island's courter terrorism force Detachment 88 have been credited with derailing plans which media is reporting to include the high-profile Seminyak entertainment area.
Australian's Department of Foreign Affairs has issued an updated travel advice for the destination.
Tomorrow is the beginning of the annual Nyepi festival which is marked by a day of silence marking the Hindu Balinese New Year.
According to the Bali Hotel Association Chairman Jean-Charles Le Coz –
"The Indonesian authorities, and especially those on Bali, are to be recognized for acting quickly and swiftly in this matter; in the meantime, it's very much business as usual on the island."
Adding "While we always advise everyone in Bali-whether locals or holidaymakers-to be vigilant for anything suspicious, we also have to thank the law-enforcement and terrorism officials for protecting our island from those who seeks to disrupt and destroy."
According to a report by the BBC News the "super rich continue to spend eye-watering sums on new homes."
This is a good thing for Phuket's ultra villa market.
Highlighted in the perspective is the recent USD88 million sale of a New York penthouse condo to a Russian billionaire.
While the global financial crises shut down the party with a mounting period of uncertainty, "wealth watchers (love this term) say it has bounced back with a vengeance."
I'm remained by one of those Bruce Willis Die Hard epics though this time snacking on some nearby caviar and truffles.
Locations mentioned by the BBC include India, the Hamptons, and another Russian in the news – Yuri Milner's USD100 million Silicon Valley purchase of a mega property.
It's interesting to note the trend which is many of these transactions are not for primary homes but second, third, forth or simply investment driven.
Home alone?
Some of the lighter sides mentioned is how real estate brokers Google prospective clients and deal with those who wish to be under the radar.
Colliers International Thailand is presenting a special half-day seminar on the emerging country's business and property sectors in Bangkok.
Business opportunities in Myanmar are a hot topic at the moment and one of the key speakers Tony Picon of Colliers is a leading expert on the subject.
Leading legal advisor Gary Biesty of South Asia Law will also be featured along with other representative from the banking and private sector.
The event will take place at the Sheraton Grande Sukhumvit at the Grand Ballroom on March23rd from 8:30 am to 11:30 am, with a cost of THB700.
For reservations contact Khun Preedee Nukulsomprattana at 02 656 7000 or email [email protected].
In a timely or untimely move, a growing dispute between beach vendors and the owners of the land who control access to one of Phuket's leading beach attractions is increasingly a high profile event.
The landowners are in the process constructing fences on the property boundary lines. Last week over 100 beach vendors partitioned the Provincial Government to check on the land title of the property.
Yesterday, perhaps in anticipation of the visit by Thai Prime Minister Yingluck Shinawatra banners have been erected by the protestors.
Trial by public perception or reaction seems to be the order of the day. Though a visit to Laem Singh will show that the beach is so cluttered with sun loungers and is a staging ground for commerce rather than a simple day at the beach.
Is this just another move in the Occupy Phuket movement or will the vendors who have cleverly jumped on the bandwagon over the latest round of land investigations rule the roost?
Thailand's Krit Ratanarak has hit the Forbes list of the world's richest people with an estimated worth of USD1.2 billion.
Reported in The Nation newspaper, Krit's empire spans shareholdings in Bank of Ayudhya, Ayudhya Allianz , Eastern Star Real Estate, Siam City Cement and Bangkok Broadcasting and Television.
Nominations are now open until April 18th for the Thailand Property Awards 2012.
Anyone can nominate their favorite development or business based on a set criteria.
For Phuket developers the following is a sample of the categories open –
Best Villa Development – Phuket
Best Condo Development – Phuket
Best Affordable Condo Development – Resort
Best Boutique Condo Development – Phuket
Best Green Development Award
Best Shared Ownership Development
Best Residential Agent (Phuket)
There are also Thailand wide awards that Phuket projects may apply for along with agency, architectural and interior design categories.
This year's awards have been broadened to recognize smaller and independent projects or organizations along with the bigger institutional players.
An awards ceremony is set for October 13th at the Dusit Thani Hotel in Bangkok.
Ensign Media and Property Report South East Asia continue to be a leading force in the industry and the importance of these events continue to grow.
For more information how to make a nomination <link>http://www.thailandpropertyawards.com*CLICK</link>
