Leading creative stylist Scott Gorsuch and his Leisure Design Group are a welcome addition to the island scene.
Specializing in ultra villas and boutique hotels, Scott's projects have included the upscale Phuket Pavilion's, Sava, The Cape (formerly Cape Yamu) and the new Bluepoint in South Patong.
For more info <link>http://www.leisuredesigngroup.com*CLICK</link>
Singapore's Sentosa Island is set to host the next installment of Starwood's W branded hospitality led residential offering.
Located adjacent to a 240 key W hotel under development 220 upscale apartments are configured into two, three and four bedrooms. Premium penthouse units are also available.
Units are sold on a leasehold basis for a 99 year term.
The W Singapore – Sentosa Cove is set to open in 2012.
Luxury branded villas have become ingrained in the Phuket property scene for more then a decade and a half.
Now high profile resort destination the Maldives is looking to cash in on the hotel managed real estate bandwagon.
One recent launch of note is the 12 Blues Resort and Spa which is developing 33 villas.
Pricing points fall under the USD2 million dollar marker and rental returns are expected to be high given the high level of average room rates in the market.
A selection of over water and beachfront villas are highlighting the new entry.
While Thailand's property business continues to climb up the evolutionary ladder, one nearby Asian country is implementing new standards.
Singapore's recent adoption of an estate agents bill requires all sales staff to pass comprehensive examinations.
The government has set up a statutory authority which will oversee the process along with a uniform registration.
Meanwhile Thailand's property industry still retains an informal methodology for addressing what are best practices in many other developed markets.
A pairing between the Koh Samui Regatta and Sawadee.com Property Expo will see a luxury real estate event take place on June 2nd to 4th.
Organized by Sports Festival Asia and Ensign Media (publishers of Property Report South East Asia) the venue is set for Centara Grand Beach Resort in Chaweng.
For more information contact [email protected]
As a sure sign of the golden age of Asian prosperity, Thai developer Sansiri is set to plunge further into London real estate.
On the heels of the launch of a THB600 million residential project named 9 Elvaston Place in South Kensington the firm is now considering further overseas expansion.
The Thai group is tapping into local demand for overseas real estate given stable recurring rental yield and strong capital appreciation track record in the UK.
While Phuket remains entrenched with it's current identity crises about being primarily a foreign led real estate market, Thailand's other resort metropolis Pattaya is singing a different tune.
According to reports the destination now has 4,700 available condominium units. Colliers International reported approximately 3,400 new units were launched last year and that take up rates remain strong.
While the most popular market remains lower priced, small condos market absorption is continuing to fuel positive buyer sentiment.
Segmentation is by all reports more evenly divided between Thai and foreign purchasers hence overheating concerns look to be mitigated.
What Now? What Next? Thailand's Resort Property Market Update
The American Chamber of Commerce – Greater Phuket Chapter presents a group of Thailand's leading property experts discussion on the resort markets of Greater Phuket, Samui, Pattaya and Hua Hin at the Holiday Inn Patong.
Learn who's hot, who's not and share some insights into what is the sweet spot in today's real estate marketplace. Also a special update on hotel transactions, past, present and future.
The event is this Friday – April 29th.
Speakers:
David Simister, Chairman, CBRE Thailand
Patima Jeerapaet, Chairman, Colliers International Thailand
Duangai Kraus, Managing Director, Engel & Volkers Thailand
Andrew Langdon, Senior Vice President, Jones Lang LaSalle Hotels
Moderator
Andrew Batt, Managing Editor, Property Report South East Asia
Registration from 4:00 pm. The forum commences at 4:30pm sharp and will be followed by free networking cocktails sponsored by the Istana Phuket follows from 6:00pm to 7:00pm.
Cost: Attendance is open to the public for THB200 baht. AMCHAM members free.
To reserve a seat contact Sheree Tanpensuk at T: 02-254-1041 or E: [email protected]
One of the region's economic miracles India is seeing the rich and famous flee the financial capital of Mumbai to new master planned villa communities.
A series of mega primary and second home upscale property developments have cropped up in the distant environs of the overflowing city.
Oceanfront and cooler hillside locations are proving to be the most popular in the shifting landscape.
Whether its urban flight or for the poorer residents urban plight the growing divide between the rich and poor is drawing some criticism with the country.
One positive of the shift is a modernization of aging infrastructure and boost to the domestic economy though this newly built urban estate or micro communities.
