grand himalai - Thailand-Property

16 downloads 306 Views 22MB Size Report
Perhaps family can stay in one and friends in the other. Whatever works best for you. The large size ensures everyone ha
ASIA'S PREMIUM REAL ESTATE MAGAZINE

ISSUE 022 ๐Q1 2018

GRAND HIMALAI Phuket's Award Winning Icon

ISLAND MASTERPIECE

MANILA BAY VISION

HOTSPOT NEXT STOP

PICASSO VILLAS ARE THE IDEAL HOLIDAY RETREAT

ANCHOR LAND SHINES IN THE PHILIPPINES

THAILAND’S RAILWAY HUB IS AN INVESTMENT DESTINATION

32

50

30

1



ON THE COVER

Grand Himalai has quickly established itself as the premier development in Phuket. And we’re not just saying that. The condominium was named Best Mid-Range Development Phuket and Best Mixed-Use Development Phuket at the Dot Property Thailand Awards 2017. It was the only project to take home multiple honours last year. Located in an amazing part of Phuket and boasting serious investment potential, Grand Himalai has become an icon on the island.

Grand Himalai: Phuket’s Award Winning Icon

2

44

kids’ waterplay



CONTENTS Asia Focus Why we love Cebu real estate

10

Hong Kong investors eye Asia

12

Busy times for Vietnamese real estate

14

South Jakarta tops for expat renters

16

Auckland a market to watch

18

Dot Knowledge Asia Pacific market insights

24

Four hacks for real estate agents

26

Tips to being a good Airbnb guest

28

Innovating Thailand’s transit hub

30

Great Getaways Phuket

32

Myanmar

36

Chiang Mai

40

Feature Anchor Land raises the bar in 2017

50

Dot News Properties of the Month

58

Listings of the Week

60

Dot Property Awards

62

Exclusive Agent Listings PFS - Pattaya

68

Angel Real Estate - Bangkok

69

Remaxx Samui - Samui

70

4



EDITOR'S NOTE

If the first quarter is any indication, this year promises to be one full of innovation for real estate in Southeast Asia. This isn’t to say the projects launched and completed during the past few years were bad. Far from it. But, it did feel as if many developers found formulas or templates they were happy to stick with. It is refreshing to see many firms flip the script with competition around the region for homebuyers and investors at record levels. I’ve seen first hand how developers in Thailand, the Philippines and Indonesia are thinking, and building, outside the box. On the cover of Dot Property Magazine is Grand Himalai (p. 44). Developer Blue Horizon didn’t want to rest on its laurels. It went above and beyond to create a condotel that stands out, even in Phuket’s crowded marketplace. The amenities in particular shine when you factor in the attractive price point for units here. Speaking of amenities, I’m still taken aback by what is found at Niche Pride Taopoon-Interchange (p. 30). SENA Development and respected Japanese property firm Hankyu Realty have teamed for the condominium that will have facilities spread across 30 floors, a record in Asia. It was so impressive that I thought about investing in a unit here. Picasso Villas were finished in October and it boasts features not found anywhere else such as a FIFA certified 5-aside football pitch, a villa inspired by Jayne Mansfield and another with enough football memorabilia to fill a museum. I’d highly recommend staying here if you’re visiting Phuket in the coming months (p. 32). Moving over to the Philippines, Filinvest has been hard at work to create developments that go beyond the ordinary. For example, it pulled out all the stops on the interior design at Fortune Hill, blending the conveniences of today with a timeless sophistication residents will enjoy. The result is simply stunning (p. 62). We also have Anchor Land whose work in the Manila Bay area has transformed this part of the city (p. 50). The developer embraces the upscale lifestyle Manila Bay made famous at the beginning of the 20th century and this is evident in developments such as Admiral Baysuites. The condominium captures the spirit of the old Admiral Hotel, a historic building the firm is currently redeveloping. And this is just the tip of the iceberg. More launches are set for the second quarter and it looks as if many developers from around the region have a few surprises in store. Both end users and investors are going to be spoilt for choice this year no matter where in the region they are looking to buy. And that is undoubtedly a good thing.

Thanks for reading, Cheyenne Hollis

6

Jakarta’s Most Iconic Building Dominating the Jakarta skyline with its impressive 262 meters and unique design

Located at the Central Business District of downtown

Conventional Office Serviced Office Retail Spaces

Jakarta within an integrated complex next to five star Shangri-La hotel and residences

AVAILABLE FOR LEASE

Well Managed Security System Wide Range of Facilities and Amenities Convenient Parking Space

LYMAN WING 7th Floor, Kota BNI Jl. Jend. Sudirman Kav. 1, Jakarta 10220, Indonesia Tel : +62 21 574 4408 | Fax : +62 21 574 6610



Editorial Editor in Chief Cheyenne Hollis [email protected]

Editor Virginia Ewart-James [email protected]

Philippines Editor Pat Bation [email protected]

Design Art Director Weerasak Tham-amorn

Graphic Design Support Rattiya Panya

Business General Manager - DotProperty Business Natt Ford [email protected]

Managing Director, Thailand Adam Sutcliffe [email protected]

Managing Director, Dot Expo Andrew Davis [email protected]

International Business Development Team Sunniya Kwatra Business Development Manager [email protected] Joe Kheng Sales Director, Vietnam [email protected]

Lucy Tran Business Development Manager, Vietnam [email protected]

Bui Hong Ngoc (Ruby) Business Development Manager, Vietnam [email protected]

Tanya Yu Country Manager, Philippines [email protected]

April Pascual Senior Business Development Manager, Philippines [email protected]

Michael Tablizo Business Development Manager, Philippines [email protected]

Kristian Brennan Country Manager, Indonesia [email protected] Jeslyn Lee Business Development Manager, Malaysia [email protected]

Sales and Distribution Enquires [email protected]

Dot Property Group strives for accuracy however we will not accept liability for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to damages relating to loss of profits, goodwill or other intangible losses resulting from your use of any information contained within this publication. We strongly suggest that buyers should always engage a competent and independent law firm when purchasing property and should invest in detailed due diligence.

©Dot Property Co. Ltd. 142 Two Pacific Place Building, 24th Floor, Room 2403, Sukhumvit Road, Klongtoey, Bangkok 10110

©Dot Property Philippines Inc. 16th Floor, Alphaland Tower, 6789 Ayala Avenue, Makati, 1226 Metro Manila, Philippines

©Dot Property Pte. Ltd. 16 Raffles Quay #33-03 Hong Leong Building, Singapore 048581

©Dot Property Vietnam Maritime Bank Tower, Unit 10, 9th Fl. 180 - 192 Nguyen Cong Tru, Nguyen Thai Binh, Dist. 1, HCMC, Vietnam

8

©Dot Property Indonesia Setiabudi 2 Building, Ground Floor, U  nit 102 AB, Jakarta Selatan

WE CONNECT YOUR LOCAL BUSINESS GLOBALLY

565 REAL ESTATE AGENCIES | 4,100 OFFICES | 130,000 ASSOCIATES | 65 COUNTRIES If you are an independent branded real estate agency, it’s time to align with the best firms who are part of a global powerhouse. Get in touch! We’d love to hear from you. Contact us at [email protected]. LeadingRE.com SINGAPORE

| +65 6408 0507 |

CHICAGO

|

+1 312 424 0400

|

LONDON

| +44 20 3399 9040



Around Asia

3 REASONS

TO LOVE CEBU REAL ESTATE Cebu real estate is fantastic. The market growth is impressive and developers continue to launch exciting, innovative projects. If you aren’t familiar with Cebu’s real estate market, it is time to change that. Here are just a few of the reasons to love Cebu real estate.

The Grand Tower is one of many exciting projects currently being developed in Cebu.

Local economy supports residential market The main drivers of the Cebu economy are tourism, business process outsourcing and household spending supported by remittances from overseas Filipino workers. All of these remain strong and investments, such as the expansion of Mactan-Cebu International Airport, will boost the economy whilst also helping the real estate sector maintain its positive momentum. “The presence of the new Cebu airport will boost foreign and local tourist arrivals in Cebu province. There is a positive effect on hotel and tourism markets as well as support industries. Of course, this will create a strong multiplier effect on employment sector and further investment interests in Cebu,” Claro Cordero Jr., local director of research, consulting and valuation of Jones Lang LaSalle Philippines, explained to the Cebu Daily News.

Promising rental and price prospects for Cebu real estate Experts note property prices in Cebu have not dipped recently. This means real estate is doing well and people are buying. The demand comes from local professionals and business owners, overseas Filipinos and expats with each group having a different preference in regards to

10

property types. And with more workers and tourists arriving to Cebu, the rental market will likely benefit as well. “With the anticipated completion of the New Cebu International Port in Consolacion, buyers can expect higher property and rental prices in the town as well as in the nearby municipalities,” Cebu Real Estate Board Inc. (CEREB) first vice president Eva Miñoza told the Sun Star Cebu.

Award winning developers The developers behind the projects in Cebu are among some of the best in the country. Citrineland Corporation won Best Developer Cebu at the Dot Property Philippines Awards 2017 thanks in large part to its ability to create projects that capture the imagination of buyers. Grand Land Inc. was behind The Grand Tower, winner of Best Hotel Development – Cebu at The Dot Property Philippines Awards 2017. Managed by Dusit Princess of Dusit International, the project features potential investment returns of 7 to 11 percent. Primary Homes was another developer to be honored in 2017. With a perfect blend of innovation and affordability, the firm’s Brentwood development was the deserved winner of Best Condo Development Cebu at The Dot Property Philippines Awards 2017.

11



Around Asia

Home prices in Hong Kong are so high that overseas real estate investment is significantly more attractive to many residents.

Hong Kong investors keen on SE Asia real estate Hong Kong real estate investors continue to be active globally, acquiring properties everywhere from London to Sydney. In fact, the only place they aren’t buying real estate is at home where prices are the most expensive in the world and predicted to climb even higher in 2018, according to Cushman & Wakefield. “Homes in Hong Kong are too expensive to afford, so people are looking overseas for alternative investments,” Neo Cheung Wingtat, CEO of Convoy International Property Consulting, told the Nikkei Asian Review. “The ease of finding information online, an increase in banks offering loans for rental or investment properties, and measures to curb speculative investment in Hong Kong housing are all contributing to the trend.” The housing markets in UK, Australia, Japan and Canada have primarily benefited from the soaring domestic prices, but a few developers from Southeast Asia are now capitalising on the demand from Hong Kong buyers for overseas real estate. Some Hong Kongers considering a property purchase in Southeast Asia use it as a second home or retirement property that can be let out when not in use while others purchase units strictly for investment purposes. Having spent a total of USD 6.6 billion on overseas property during the first half of 2017

12

alone, investors from Hong Kong are a group regional developers will continue to target. Here are key areas in Southeast Asia Hong Kong real estate investors are targeting.

Thailand Places like Phuket have been popular with Hong Kong holiday home seekers for decades. However, a growing number of investors are now investigating opportunities in Bangkok. Research from CBRE showed that 85 projects by 35 developers from Thailand were marketed to Hong Kong buyers last year with even more expected in 2018. As long as the price remains competitive, Hong Kong investors prefer property in the THB 3 million (USD 95,300) to THB 10 million range (USD 318,00), demand will be strong.

Malaysia Malaysia has become an attractive place among retirees from Hong Kong because of the Malaysia My Second Home (MM2H) programme. Those who purchase a property and can support themselves without seeking employment are able to obtain a 10-year, multiple-entry visa. Family members are also eligible for the visa which has made MM2H desirable for those in Hong Kong wanting a hassle-free retirement haven.

Vietnam Solely focusing on the investment benefits, Hong Kong buyers became the top buyers of Ho Chi Minh City property in 2017. With both strong demand and rising home prices, Vietnam could continue to see an influx of investment from Hong Kong buyers as rules regarding foreign ownership of property in the country become clearer.

Singapore Could Hong Kong buyers flock to Singapore? Given their preference for political stability and risk aversion, it’s possible Singaporean real estate could be in demand. Home prices continue to recover and the Bank of Singapore (BoS) is already predicting foreign demand for Singapore residential property market to return in 2018. According to BOS head of strategy Eli Lee, even with a 15 percent stamp duty for foreign buyers still in effect, the Singaporean market may represent value when compared to other markets popular with Hong Kong property investors such as Canada and Australia. Both countries experienced rapid home price growth in the past few years and may be set for a slide similar to what took place in Singapore.



Around Asia

EXCITING TIMES FOR REAL ESTATE IN VIETNAM

Gotec Vietnam is currently building one of Vietnam’s most talked about green developments: Asiana Capella More real estate construction takes place in Vietnam. Some 3,000 developments are currently underway in the country

In another sign the Vietnamese real estate market is on the up, the Ministry of Construction recently announced there are currently 3,077 real estate development projects underway. The total investment of these projects stands at VND 3.3 quadrillion (USD145.3 billion) and highlights the strong growth and robust property market. There were a total of 64,000 real estate transactions completed in Ho Chi Minh City and Hanoi last year, which was up by 24,000 transactions when compared to 2016. Property prices remained stable while low-cost housing projects were in high demand throughout Vietnam. However, Prime Minister Nguyen Xuan Phuc noted it was important for the country’s real estate market to control the supply of high-end housing launched. He added more social and low-cost housing for low-income people is needed in Vietnam. “VND 1.2 trillion of the VND 2 trillion package for the social housing program approved by the National Assembly has not been disbursed,” Nguyen Tran Nam, chairman of the Vietnam Real Estate Association, was quoted as saying by the Saigon Times. "VND 600 billion should be used for social housing projects and the remaining VND 600 billion should be used to offer preferential interest rates for buyers of low-cost homes.”

14

Affordable housing, green development top real estate projects Developer EZ Land’s HausNeo development has been recognised for both its quality and affordability. The inspiration for the development came from housing projects in modern countries that are known for the quality standard for their homes. HausNeo was honoured at Dot Property’s Southeast Asia’s Best of the Best Awards 2017 as Best MidMarket Condo Development. Meanwhile, Gotec Vietnam’s latest development, Asiana Capella, leads the way when it comes to green projects in the country. The mixed-use complex utilised several environmentally-friendly innovations that stand out and allowed Asiana Capella to win Best Green Development at Dot Property’s Southeast Asia’s Best of the Best Awards 2017.

DOT PROPERTY THAILAND AWARDS

DOT PROPERTY THAILAND AWARDS

BEST MID-RANGE CONDO DEVELOPMENT PHUKET Grand Himalai by Blue Horizon Development Co., Ltd.

BEST MIXED-USE CONDO PHUKET

2017

2017

Awarded by www.dotproperty.co.th

Awarded by www.dotproperty.co.th

Grand Himalai by Blue Horizon Development Co., Ltd.

15



Around Asia

South Jakarta

the top spot for expats renting homes South Jakarta, known locally as Jakarta Selatan, continues to be one of the most popular places for expatriates to live in the Indonesian capital. Kemang is the most popular South Jakarta neighbourhood for overseas employees plying their trade in Jakarta thanks to its close proximity to international schools and retail centres such as Lippo Mall Kemang. Research from Colliers International Indonesia shows that more expatriates started renting houses in South Jakarta during the second half of 2017 with the activity not limited to the Kemang district. Demand for rental properties in Cipete, Cilandak, Pondok Indah and Kebayoran Baru all rose last year. “The rising number of expats who rent houses in Indonesia is due to expansion plans of manufacturing and automotive companies,” Ferry Salanto, senior associate director at Colliers International Indonesia, stated. “South Jakarta remains the most popular choice for foreign workers in the Greater Jakarta region in terms of housing because this area has all the facilities that are needed by expats, such as international schools, luxurious shopping malls and golf clubs.”

South Jakarta has become the go to location for expats working in the city’s CBD.

Where to live in South Jakarta Condominium units, multi-bedroom apartments and detached houses can all be found in South Jakarta. Sizes and prices do vary, but usually there is something to meet your needs and budget. For example, if you’re single, a one-bedroom condo will likely be enough. At Apartment Nifarro Park, a furnished unit on the seventh floor is available to rent for IDR 3.5 million (USD 263) per month. The building itself has a gym and a food court and is close to Pasar Minggu Baru Station. If you prefer a house, you can rent a threebedroom, two-bedroom home on Pinang Merah VI for IDR 15 million (USD 1,130) per month. The 150-square metre property is two storeys and contains a maid room as well. Those searching for something more luxurious may opt for an apartment in 1-Park Avenue. Rents for a three-bedroom, two-bathroom unit start at IDR 37,500,000 (USD 2,825) and come fully furnished. The building itself has some great views along with space for parking.

16

For listings of 1-Park Avenue and other condominiums in South Jakarta please visit www.dotproperty.id

Luxury Condominium I Kata I Phuket

TAKE A DEEP BREATH

Prime location I panoramic sea view I private pools I luxurious two-, three- and four-bedroom suites

Location

The View is conveniently located overlooking the beaches of Kata, Kata Noi and Karon on the prestigious western sunset-soaked coastline of Phuket, only about 800m away from Kata Beach, home to high-quality restaurants, coffee shops, spas and banks. The area has a pace of life generally considered to be quiet and relaxed and for those searching for livelier nightlife or shopping, it’s good to know that Patong is just a 12-minute drive north and is buzzing most days (and nights) of the year. Chalong Pier, the departure point for Phuket’s many nearby islands, is a five-minute drive away.

Concept & architectural style

The View’s low-density, low-rise architectural style is in a modern tropical contemporary design with a strong and deliberate emphasis employed to maximize the views, whilst at the same time protecting personal privacy. Careful selection of appropriate materials has helped ensure the practicality and durability of the construction without compromising the aesthetical or functional delivery of the units. Each block is bright white, allowing excellent natural light, due to the generously proportioned windows and doors, while the cleverly arranged tiers of units and blocks represent the graceful curve of a wave and its continual movement. Facilities include a wellness centre with spa, a fitness gym and sauna, as well as a restaurant and two swimming pools

Options

We offer a wide range of high-quality sea view choices, ranging in size from our generous one-bedroom units at 116sqm to our opulent 674sqm six-bedroom penthouse. Our highly competitive pricing for these condominium units provides you with a chance to invest in high-quality real estate and to secure value for money in Phuket. The units are designed to achieve both significant rental returns and capital growth.

Strength-based development team

Our team is a strength-based structure with each member regarded as a top-tier specialist within their respective functions. DCM, our contractors, has successfully completed a number of highquality developments that are regularly used as the benchmark of development quality in both Phuket and all around Thailand. Carefully selected consultants, each with key local and international technical knowledge, augment the core team to ensure an excellent finished product. Contacts 29/17-18 Moo 5, Rawai : +66 81 666 6622, +66 86 943 9996 : +66 76 381488 [email protected] www.theviewphuket.com

17



Around Asia

Exclusive Auckland real estate investment opportunity

Strong property price growth, a high-demand rental market and a booming economy are all reasons as to why you should consider a real estate investment in Auckland. It is important to note overseas buyers are currently prevented from acquiring existing properties. This is not, however, an outright ban on foreign ownership. International investors are still allowed to purchase units off-plan at new-build developments. For those considering buying in New Zealand, finding the right project by a reputable developer becomes important. When it comes to Auckland, no developer can match Conrad Properties Group. In 2017, the firm was ranked as the city’s top apartment developer, surpassing its nearest competitor in terms of total units (both completed and under development) by nearly 100 percent.

Introducing The Vincent Auckland by CPG One of Conrad Properties most exciting developments is The Vincent Auckland by CPG. The complex is located within Auckland's leading culinary and entertainment precinct on the famous Vincent Street, the most distinguished address in Auckland. The Vincent provides residents with the best of both worlds; an urban feel at the doorstep of Auckland CBD’s with the peaceful ambiance that comes with being just outside the city. A

18

sweeping city outlook and leafy views over the tree-lined Vincent Street add to the project’s charm.

Benefits to investing in New Zealand real estate Avoid paying extra – One of the main problems with property investment in Singapore or certain Australia states are the taxes associated with the purchase. Land taxes and stamp duties for foreign buyers can take an affordable property and push its price beyond reach. There are no stamp duty or land taxes in New Zealand meaning investors will save money. Additionally, there is no capital gains tax in New Zealand if the investor buys and holds the property for more than two years. Promising returns – According to Global Property Guide, rental growth in Auckland increased by 7.2 percent during the last 12 months. And with 700 people estimated to be moving to the city per week, the rental market is predicted to remain strong for the foreseeable future. As a whole, New Zealand had the 5th highest property price growth in the world in 2016 and home prices have risen by more than 70 percent over the course of the past five years. The end result is strong rental returns and possibly one of the highest returns on investment in terms of real estate should you ever decide to sell your property.

„Dream the impossible because dreams do come true.“ – Elijah Wood

High-end premium villa with panoramic sea view on the hills of Chaweng noi Koh samui, thailand a stay at sky Dream Villa is an experience like no other. When you wake up in this incredibly positioned villa with magical views over the Chaweng noi bay, with the sounds of the waves crashing below you, it genuinely feels like your own piece of paradise on earth. From the dramatic terrace views, the majestic infinite pool, the large cast in concrete bathtub, to the simply divine interiors, elegant bedrooms and several bathrooms with world beating sea views, you will feel in unmitigated and unrivaled, luxurious bliss. our English-speaking guest & villa management will welcome you with our 24/7 In-Villa staff. they take care of your luggage and escort you down the steps to the dinning hall where the enchanting scene awaits.

MaKE YouR DREaMs CoME tRuE anD DIsCoVER a LuXuRIous LIVE aBoVE tHE GuLF oF tHaILanD anD BELoW tHE sPanGLED sKY oF asIa!

ContaCt us

www.sky-dream-villa.com

[email protected]

+49 (0) 179 / 769 48 84



Project Profile Thailand

HIMMAPANA VILLAS, THAILAND

20

Project Profile Thailand

Developed by

sp

T OUase 8 LD ph 201 SONewring

Phuket has become Thailand’s much loved holiday destination. Turquoise waters meet white sands on the Kingdom’s largest island. It is unsurprising that Phuket has become a mecca for those wanting to own a slice of paradise. Himmapana Villas exceeds expectations for those seeking a home on this tropical island and it is exactly why this sophisticated project won Best Architectural Villa Design Phuket at The Dot Property Thailand Awards 2017. Situated on the west coast in the popular Kamala area of the island, the 12 luxury villas boast a prime location. Just 30 kilometres from the newly expanded Phuket International Airport, Himmapana Villas achieve the best of both worlds by being sandwiched between the island’s lush jungle and within walking distance of its pristine beaches. Carefully combining a modern style with wood to suit the climate of Phuket, the villas boast a host of design features ensuring that it secured this Dot Property Award. There has been a real emphasis on achieving a design that not only looks good, but also is eco-friendly too. Something that more developers are trying to strive for. Each villa can be opened up to allow the air to flow through to create a natural cooling system. Light colours and interiors reflect the light. And the indoor areas flow effortlessly outside to the deck area. Every bedroom comes complete with an en-suite bathroom with direct access to the villa’s own tropical gardens reminding us how the project is linked to the Himmaphan Forest – the Hindu mythological forest at the foot of Mount Meru that is habitat to mythical creatures.

Project:

Himmapana Villas

Developer:

Prayarachasi Co.,Ltd

Product:

Private Pool Villa

Architect:

Oracle Architects

Location:

Kamala

Launch:

January 2017

Completion:

October 2018

Number of units: 12 Title:

Freehold & leasehold

Facilities:

Reception and Management



office onsite

Sales office:

+66(0)84 841 0527

Email:

[email protected]

Website:

www.himmapanavillas.com

Himmapana Villas has been an extremely popular development and the first phase of the project quickly sold out. Plans are already in place to launch a new phase in spring of this year.

21



Project Profile Vietnam

MÖVENPICK RESORT WAVERLY PHU QUOC, VIETNAM

SOUTHEAST ASIA'S BEST OF THE BEST

BEACHFRONT PROPERTY Movenpick Resort & Residences by MIKGroup

2017 Awarded by www.dotpropertygroup.com

Located at Ong Lang Beach on the northwest tip of Phu Quoc Island and nestled in the heart of a pristine beach with turquoise coloured sea water is Mövenpick Resort Waverly Phu Quoc. The development is the first project from the partnership of MIK Group and Movenpick Hotels & Resort and the luxury beach resort does not disappoint.

Project:

Mövenpick Resort Waverly



Phu Quoc

Developer:

MIK Group Vietnam JSC



(MIKGroup)

Tucked away in a secluded area for unmatched privacy, the hotel rooms, suites and condotel units boast a private ocean view balcony. The resort will feature several ocean front villas as well with each one equipped with private pools and luxury services catering to family or group travellers.

Architect:

CBaumschlager Eberle, HALO



interior & architecture

Location:

Ong Lang Beach, Cua Duong,



Phu Quoc Island, Vietnam

Launch date:

2018 (planned)

Telephone:

+84 24 7308 2828

Email:

[email protected]

Website:

www.mik.vn

The project’s architecture maximises the tropical landscape, enriching the unique resort experience. The development contains a wide variety of luxurious amenities and relaxation services such as a restaurant, beach club, executive lounge, spa, international standard yoga studio and gym, a games and entertainment centre and a kid’s club. Another one of the resort’s highlights is the sophisticated culinary options. Mövenpick Resort Waverly Phu Quoc will also have the premier, Swiss standard experience the brand is synonymous for. Guests will be treated to absolute relaxation with world-class amenities when staying at Mövenpick Resort Waverly Phu Quoc.

22

Project Profile Vietnam

HAUSNEO, VIETNAM

SOUTHEAST ASIA'S BEST OF THE BEST

MID-MARKET CONDO DEVELOPMENT HAUSNEO by EZLANDVIETNAM DEVELOPMENT JSC

2017 Awarded by www.dotpropertygroup.com

Quality and affordability are what stands out most about HausNeo. The vibrant condominium project has numerous family-friendly facilities such as a kid’s pool, a playground and an on-site kindergarten. The condominium units are well-designed featuring architecture that utilises intuitive living spaces, minimises impractical details and maintains aesthetic longevity. The location of HausNeo in Ho Chi Minh City is perfect for professionals with easy connections to District 1, District 2, District 7 and Long Thanh International Airport. There is also easy access to nearby facilities such as shopping centres. EZ Land, the project’s developer, drew their inspiration from housing projects in modern countries where there are recognised quality standards for homes. The firm is truly a pioneer when it comes to building high quality, affordable housing in Vietnam and this is evident throughout HausNeo.

Project:

HausNeo

Developer:

EZ Land

Architect:

Green Design

Location:

Phu Huu Ward, District 9, HCMC

Launch date:

October 2017

Facilities:

Outdoor parking, convenience store, kid’s water playground,



outdoor gym, kid’s pool, hauspool, parking lot, sky garden,



BBQ place, kindergarten, community hall and kid’s playground

Sales office:

+84 0936 69 19 19

Email:

[email protected]

Website:

www.hausneo.vn

23



Market Insights

CHRISTIE’S INTERNATIONAL REAL ESTATE EXCITED BY ASIA PACIFIC’S LUXURY MARKET

24

Market Insights

Christie’s International Real Estate is increasing its presence in Asia Pacific with the addition of two new affiliates in Japan and Thailand. Zackary Wright, Executive Director Asia Pacific & Western North America, was kind of enough to answer a few questions on what the firm has planned for the region and shared a few real estate insights as well. What is behind Christie’s International Real Estate’s Asia Pacific push? What are some of the firm’s plans in Asia Pacific for 2018? As the only global real estate company owned by a fine art auction house, Christie’s International Real Estate’s primary target markets are those where important clients of Christie’s reside, and destination markets where they want to own a second or third home. We have long-standing Affiliates who have been serving the Asia Pacific region for many years: Landscope in Hong Kong; Singapore/Christie’s International Real Estate in Singapore; and Ken Jacobs in Australia. We recently announced two new Affiliates, including Japan Capital Partners – because Japan is a market where Christie's has long had a presence – and Richmont’s Luxury Properties in the emerging global destination market of Thailand. Our strategy for the coming year is to identify other top luxury markets in Asia Pacific and around the world, and then select the brokerage most capable of meeting our clients’ discerning levels of customer care, expertise and service. How would you describe the luxury real estate market of Asia Pacific as a whole? What countries are the most interesting to buyers? The luxury real estate market of Asia Pacific is very strong. In addition to Hong Kong, number one on the index of the top performing global luxury markets for 2017, Singapore retained the number five spot on the index and Sydney came in at number six. In recent years, investors from China and other countries have shown strong interest in Japan’s luxury and signature properties. Tokyo has more MICHELIN-starred restaurants than any city in the world. A growing confidence in the economy, a longstanding foundation in the arts, beautiful urban areas, and a resurgence of interest in its ancient cultural traditions is further fuelling a spike in global interest – from both tourists and homebuyers. And, of course, Tokyo will be hosting the 2020 Summer Olympics. Bangkok has more visitors each year than almost any city in the world, the majority of which come from Tokyo, Hong Kong, Kuala Lumpur and Seoul. They are drawn to the beautiful beaches, the food, the history, and also real estate. Bangkok is one of the great value propositions in all of Asia. As an added incentive, the Thai government offers a unique retirement visa program that is attracting retirees from throughout Asia.

One trend we are seeing is regional investors stepping up their luxury real estate acquisitions in neighbouring countries. Some trends are familiar, such as Singaporean buyers investing in Malaysia real estate, but some trends are new, such as Indonesia buyers becoming willing investors in countries like Thailand. What are some of the Asia Pacific luxury real estate investment trends you’re seeing now? What are you expecting in the future? We agree. In addition to Japan, Thailand, and Australia, the Philippines is another market of note. The economy is improving and Asians looking for destinations with pristine beaches have discovered the area. We are marketing Villa One, an exquisite complex of four Asian-inspired casitas all with a view overlooking the majestic expanse of the Sulu Sea and with direct beach access. Located in Amanpulo, this ultimately exclusive resort is replete with a holistic spa; fine dining of healthy cuisine made from ingredients grown in the resort’s gardens, and its own airstrip. Can you provide readers with a little background on how Christie’s International Real Estate works? What are some of the services you provide? Admittance to the Christie’s International Real Estate network is by invitation only, extended exclusively to the world’s most accomplished luxury brokerages. We operate in 46 countries with offices in London, New York, Hong Kong, Moscow, Los Angeles, and Palm Beach. Christie’s International Real Estate and its affiliated brokerages have had combined luxury property sales of USD500 billion over the last five years. Our specialty is properties valued in excess of USD1 million or in smaller markets, homes priced in the top 10 percent. Our marketing platform is proven effective in showcasing our extraordinary homes offered for sale. Listings are showcased on christiesrealestate. com, a website reserved only for top-tier global luxury listings; included in video montages playing at Christie’s auction venues in London, New York, Paris and Hong Kong; have served as event venues for previews of Christie’s art and jewellery sales, and also benefit from referral opportunities that come with the coveted Christie’s International Real Estate Affiliation. Is there anything else you would like to share with readers about Christie’s International Real Estate? Our global network is distinguished as being the only luxury real estate marketing entity owned by a fine art auction house - and the most acclaimed at that. Christie’s and Christie’s International Real Estate are uniquely positioned to offer buyers and sellers of fine homes a suite of services, advice and venues which are simply unparalleled.

25



Agent's Corner

4 HACKS

for real estate agents in 2018 If your New Year’s resolution is to become a better real estate agent, then this article is a great place to start. Many agents throughout Southeast Asia struggle to reach the next level, settling for being good, but maybe not as good as they would like. There is no shame in this. It takes a lot of hard work and time to become a truly elite agent. That being said, you may not want to wait forever. That’s why we have compiled these hacks to help you become a great real estate agent. While there is no guarantee following these will help you draw in more clients and close every single deal, they may be the advice you need to make 2018 your best year yet.

Embrace the latest tech and social media The great real estate agents are up to date on all of the latest technology trends. This allows them to present clients with the most exciting

26

gadgets that may help close a deal. High-tech tools like VR headsets are not only cool, but allow clients to see several properties in a single meeting saving you both time. The same rings true for social media outlets. While being on Facebook is good, expanding beyond it can lead to greater success. Instagram is being leveraged by many agents in Asia to great effect and even Snapchat has become a viable tool for real estate agents.

Build your network A real estate agent must have a top notch network in order to take care of clients. You should be able to provide advice on which contractors, appraisers, lenders and insurance providers will be best able to help them. You should also know more than one in each field. People want choices and giving them multiple options shows you are unbiased and truly connected in the industry.

Become an expert or develop a niche Many agents try to spread themselves too thin. While there is no shame in being a jackof-all-trades, it can be more beneficial to focus your time and efforts on one market segment, location or even property type. This will differentiate you from your competitors and allow you to become the go-to agent for anyone looking for property in your area of expertise.

Respond faster to calls and emails Even if you are good about responding to phone calls and emails, there is always room for improvement. Try to make sure you respond to your clients within the same day and if you can make it happen in less than an hour, even better.

DEVELOPED BY

PROJECT LOCATION

HEAD OFFICE

184 Tran Van Kieu Street, Ward 11, District 6, Ho Chi Minh City, Vietnam

157 - 159 Tran Binh Trong Street, Ward 2, District 5, Ho Chi Minh City, Vietnam

www.gotecvietnam.com



Live Smart

3 TIPS

TO BEING A GOOD AIRBNB GUEST IN SOUTHEAST ASIA Cheyenne Hollis

From Malaysia to Thailand and everywhere in between, Airbnb has changed the way people stay when travelling around Asia. However, the website’s rapid rise in the region left unit owners, letters and even laws playing catch up. The biggest complaint about the service in Southeast Asia remains the behaviour of Airbnb guests that can interrupt the daily lives of residents. This is especially common in condominium buildings where space comes at a premium. Building management companies were forced to look for legal precedent that would limit or ban the service entirely. In Thailand, the status of Airbnb and similar websites remains up in the air with some unit owners accepting guests despite “no short-term letting“ signs now prominently featured in the lobbies and elevators of many buildings in Bangkok. On the other hand, no such problems exist in Vietnam or the Philippines despite some complaints. If you wish to use Airbnb in Southeast Asia but don’t want to attract unwanted attention, it is important to be a good guest. It’s actually not all that difficult to do. Simply follow these three tips and enjoy your stay.

The perfect example of what not to do if you’re staying in an Airbnb unit.

28

Live Smart

Act like a resident, not a guest

1

For whatever reason, a small number of Airbnb guests don’t understand that they are staying in a residential building, not a hostel or hotel. You will see guests loitering in the lobby without shoes on while talking loudly on Skype. No one who lives in the building, or anywhere else in the world, wants to deal with that, ever. And this is just one of many examples. Instead of using common sense, a few bad apples treat the building they are staying in as if it was their home, alienating residents in the process. One of the selling points of using Airbnb is to give users an authentic, local experience. Be mindful of this. If you don’t see other residents hitting the fitness room in flip-flops, chances are you shouldn’t be doing it either.

Don’t jam up the facilities during peak hours

2

Speaking of fitness rooms, be considerate when using these. What a lot of Airbnb guests don’t realise is the fact that all unit owners in a condo building or residential project pay a yearly facilities fee ranging from USD 300 to USD 2,000. This fee goes towards maintenance and covers the costs of the resident living there. The person you’re letting the unit from has paid this, but has paid nothing extra to cover all of the extra guests rolling through their condo during the year. You can see why some residents may be upset by this and a few have been known to report anyone using the facilities they believe to be a short-term letter. Depending on the building/country, you could be asked to leave. The solution here is quite simple. Don’t use areas such as the fitness room or swimming pool during peak hours when they will be in high demand from residents. Since you’re on vacation anyway, that early morning workout can wait until 9:30 am when everyone has left for work.

Think about security

3

Another complaint from residents about Airbnb guests is that they try to circumvent security measures for their own convenience. Security doors that require a key card for access are left open, keys are duplicated and extra visitors being allowed to enter are among the concerns to have been raised. Security is quite important to people living in Southeast Asia and it should be the same for you, even when staying at an Airbnb listed unit.

29



Special Feature

Niche Pride Taopoon-Interchange brings innovative living to Thailand’s transportation hub

Niche Pride Taopoon-Interchange is set to bring much needed residential innovation to Taopoon-Bangsue, an area currently transforming into the largest mass transit hub in Thailand. The condominium is being developed by SENA Hankyu, a joint venture between SENA Development and respected Japanese property firm Hankyu Realty, who are committed to creating an urban oasis unlike anything currently found in Asia.

with the facilities on these floors catering to the lifestyle of each group. The villages were designed to promote a happy, healthy life by providing ample support to residents.

suggestions they received from residents. Geo fit+ innovations optimise space and provide peaceful living that meshes with the pursuits and passions of those who stay here.

This concept is enhanced in each condominium unit thanks to Hankyu Realty’s Geo fit+ and My Select innovations that are designed to improve everyday life comfort, convenience, safety and best use of space.

Taopoon-Bangsue and the changing face Bangkok

In order to accomplish this, Niche Pride Taopoon-Interchange is the first condominium in the region to have facilities spread across 30 floors. There are co-working spaces, kids' clubs, games rooms, lounges, yoga studios and more in the building. And on the 38th floor is the fully-equipped Sky Fitness centre and an infinity-edge swimming pool.

My Select allows owners to choose a condominium unit design to suit a set lifestyle. The Working Zone option is designed for those who want a space at home that supports their professional efforts and aspirations while the Relaxing Zone option is for those who want their home to be a stress-free environment.

The floors and facilities have been grouped into seven unique “villages” that come together under a special theme. Village concepts include entrepreneur, student and family

30

Condominium units in Niche Pride TaopoonInterchange are fully furnished and fitted utilising Geo fit+, a collection of cuttingedge products and designs developed by Hankyu Realty based on the opinions and

Bangkok’s Taopoon-Bangsue area is relatively unknown when compared to the popular stations along the Sukhumvit Line, but that is set to change. By 2020, it will be home to the largest mass transit hub in Thailand. Taopoon itself is where the MRT Blue Line and Purple Line intersect while work continues on the nearby Bangsue Central Station that will revitalise this part of the city. The station will become a key link for local, domestic and international travel as the government looks to create a single rail hub.

Special Feature

Local connections - There will be up to four mass transit lines that connect at Bangsue Station in the future with the Blue Line, Purple Line, Dark Red Line and Light Red Line all slated to pass through.

modern conveniences. Niche Pride TaopoonInterchange is a short distance from the popular Chatuchak Market and Chatuchak Park, two destinations that continue to embrace the traditional Bangkok vibe.

Domestic connections - Bangsue Central Station will be the originating station for two high-speed rail lines: the Bangkok-Chiang Mai route and the Bangkok-Nong Khai route.

Modern conveniences are also nearby. The soon-to-be completed Gateway Bangsue will infuse Taopoon-Bangsue with shopping and dining options while a Tesco Lotus hypermarket is already open. As the area grows, more retail and dining offerings will spring up in addition to the local shops and eateries already here.

International connections – Plans are currently being discussed for the station to be utilised as part of rail lines that would connect Bangkok with several neighbouring countries as well as China in the future. It will also serve as a connecting point for the Airport Rail Link with direct connections to both Don Muang Airport and Suvarnabhumi Airport. These projects highlight the potential of Taopoon-Bangsue. The ability to get around town quickly is something most people appreciate, especially millennials whose routines are far less regimented than previous generations. As the new mass transit and high-speed rail lines are completed, no area will be able to match the connectivity of Taopoon-Bangsue. The surrounding area also appeals to the growing number of entrepreneurs, digital nomads and tech-savvy workers who appreciate local Thai traditions along with

Reasonable price for the exceptional Presale unit prices at Niche Pride TaopoonInterchange start from THB3.2 million (USD 102,000) or approximately THB 114,285 (USD 3,643) per square metre which is less than the average selling for grade A condominiums launched in the Taopoon-Bangsue area on a price per square metre basis, according to research from Knight Frank Thailand. The attractiveness of the price for units i n N i c h e P r i d e Ta o p o o n - I n t e rc h a n g e becomes clearer when you compare it to grade A condominium prices in the nearby Ratchayothin area.

Despite not having the same level of current or future transit links that Taopoon-Bangsue has, the average selling price of a condominium here is THB 162,000 (USD 5,162) per square metre. This is 40 percent higher than the average price in Taopoon-Bangsue. There is more to Niche Pride TaopoonInterchange than the excellent location. From the development’s unique seven villages concept with facilities spread across 30 floors to the fully furnished units that implement Geo fit+, Niche Pride Taopoon-Interchange is an innovative condominium that meets the exacting demands of modern residents. Knight Frank is the sole agent of Niche Pride Taopoon-Interchange. The firm’s international arm will bring the project across the Asia Pacific for sales. For more information contact: Marciano Birjmohun T +66 (0) 2 643 8223 - Ext. 262 M +66 (0) 9 524 86901 [email protected]

31



Great Getaways Phuket

AN INSPIRED ISLAND RETREAT CHECK OUT THE MOST INTERESTING VILLAS IN PHUKET

32

Great Getaways Phuket

It is difficult to travel in large groups. Especially to a place like Phuket where entertainment options are limited unless you have a car. It’s basically beach, swimming pool or party which may be all you need. But, if you’re travelling to the island with a group of friends or family, chances are others may not be as content with the itinerary. Picasso Villas are different. Here you will find limitless activities designed to keep everyone happy. Multi-generational families, bridal showers, athletes training for events and all types of different groups choose the property knowing boredom will never be an issue. The FIFA certified 5-aside football pitch is undoubtedly the most notable feature of Picasso Villas. Sitting between the two residences, the pitch has seen its fair share of famous footballers turn up for a kickabout. For families, it is a great place to spend some bonding time with the young ones while large groups of friends can renew old rivalries on the pitch. And while the pitch is primarily used for football, it does have other purposes as well. Athletes can utilise the space for training when on holiday during the offseason. Those participating in the Laguna Phuket Triathlon, or one of the island’s many sporting competitions, are well served basing themselves at Picasso Villas for preparations.

Two villas, two themes, one masterpiece Each side of the football pitch is adjacent to a uniquely themed villa. On one side you have the football-inspired, Villa Pablo while on the other side is Villa Paloma, a chic home whose muse is Hollywood icon Jayne Mansfield. Collector Mark Briere-Edney is the mastermind behind the project and each theme, Picasso, football and Jayne Mansfield, features items he has acquired over the years.

This provides each villa with its own unique ambiance. Villa Pablo feels more active. The entire two-story residence is decorated in football memorabilia. From chairs crafted out of the legendary kits of Pele, Cruyff and Beckham to boots and England caps from days gone by, the villa is a living, breathing tribute to the beautiful game. There is also a pool table upstairs to keep the fun and excitement going. Meanwhile, Villa Paloma has a buzz befitting of Jayne Mansfield, the residence’s inspiration. The property boasts the style of 1950s and 1960s in spades with memorabilia from the Playboy Playmate and actress found throughout the property. Authentic movie posters adorn the walls and the lounge room upstairs contains furniture from the Mansfield estate. Seeing it in person transports you back to the golden age of television and cinema. Stylistic the two villas are different, but each one features the same outstanding design. They both have fully-equipped kitchens, a dining area and expansive living room that opens up into the back where you’ll find a swimming pool. The floor-to-ceiling, retractable glass doors allow you to open up the space to enjoy the breeze while creating a spacious sociable area. In fact, the openness of the floor plan means that even with ten people staying in a villa, it never feels cramped or overcrowded.

33



Great Getaways Phuket

Everything taken care of Service plays a very important role at Picasso Villas. Whether you are staying for one night or one month, the staff will ensure the stay is memorable. For starters, cleaning service is provided everyday. Believe it or not, this is something not available at many similar villas in Phuket. Assistance goes way beyond this. Do you want a chef to come in and cook? The team at Picasso Villas can make this happen. Do you need to be picked up from the airport or want a ride to a local shopping centre? It can be done in no time at all. Every request is promptly responded to so you’re able to focus on what’s important: relaxing in paradise. Speaking of being in paradise, should you want to check out some of the local sites and sounds, it can be arranged. Picasso Villas even has its own long-tail boat and can take you out on a private trip should you be so inclined. Not only is it fun, but it is one of the most authentic Phuket experiences you can partake in.

A Phuket masterpiece There is no shortage of 5-star villas in Phuket, but Picasso Villas offers a one-of-a-kind experience that makes it perfect for those travelling in large groups. The peaceful ambiance of Bang Tao shines as you relax on the patio with friends or family and feel the cool island breeze. Evenings can be spent on the football pitch having fun and making memories. After that, everyone can share a meal under the starry night. It is an experience that matches Picasso’s painting in beauty. And much like the work of the man himself, Picasso Villas are much better to view in person than through photos.

Post wedding bliss Phuket remains one of the most popular beach wedding destinations in the world, but things can get awkward for family and friends of the bride and groom when it comes to accommodations. If they are all staying at different resorts in Phuket, planning, organising and simply getting everyone to show up on time becomes a burden for the couple. Alternatively, booking a block of rooms at one hotel can be pretty pricey regardless of who pays. Meanwhile, family and friends are stuck in smallish accommodations where some might feel a bit confined or restricted. Picasso Villas provide a unique alternative. The two villas can be booked and split however you choose. It could be the bride’s side in one villa and groom’s side in the other. Perhaps family can stay in one and friends in the other. Whatever works best for you. The large size ensures everyone has the space they need while also being able to mingle with one another. And should you wish to forgo the beach wedding and want something a bit more intimate, staff can help arrange your ceremony on-site.

Unlimited activities, connected location The location of Picasso Villas is a treat. It is secluded from the hustle and bustle of some of the island’s more popular tourist spots in Bang Tao. When you spend time here, you feel far removed from the hordes of beachgoers that can turn a relaxing holiday into a frustrating occasion. Yet, Picasso Villas is still close to everything you could possibly want. The shores of Laguna Beach are easily accessible from the property. You will find plenty of top-notch golf courses as well as several other recreational opportunities nearby. The area around Picasso Villas is ideal for bicycling or jogging while the nearby Boat Avenue shopping centre has a yoga studio along with a wide range of shopping and dining options including an international supermarket. A little further afield is Surin Beach where you will find an array of beach clubs and fashion shops. Best of all, Picasso Villas is only 20 kilometres from Phuket International Airport meaning you won’t spend all day driving to get here.

34

For information and reservations please visit: www.picassovillasphuket.com Phone: 0898222524 Address: Picasso Villas Phuket 5/117 Pasak Moo 4, Cherngthalay, Thalang, Phuket 83110, Thailand

35



Great Getaways Chiang Mai

Sukantara Cascade Resort & Spa A northern wonderland Cheyenne Hollis

Whether you are working in one of Southeast Asia’s metropolises or are simply visiting the region, it can get a bit hectic. It’s also easy to lose the sense of nature that can help us find balance and achieve peace. This doesn’t mean you need to disconnect from the world completely, but a few days away from the city or crowded throngs of tourists can be a refreshing change of pace. Chiang Mai remains one of the best spots in Southeast Asia for a nature getaway. The impressive Doi Suthep a 1,676-metre granite mountain covered in forests, sits only 15 kilometres away from the city while the expansive Doi Suthep–Pui National Park it sits in boasts some of the Kingdom’s best waterfalls, caves and cycling. On the northern outskirts of the park and less a 30-minute drive from the Chiang Mai city centre lays Sukantara Cascade Resort & Spa. Once you enter the amazing property it feels as if you have been transported to another world. The most notable feature of the wondrous boutique resort is the waterfalls that run through it. After catching a glimpse, you’ll come to understand why celebrities such as Angelina Jolie choose to stay here when traversing the north of Thailand. One of the few hotels in the world where you can wake up, walk out your door and put your feet in cascades, Sukantara allows you to be immersed in the wonders of nature. These include a family of beautiful peacocks who call the resort home. They strut around the property at their leisure, grazing by the waters and even making their way to a perch on the roof. Another fantastic sight is the cable bridge that connects the two sides of the resort. With 16 rooms and suites, Sukantara never feels crowded. However, there are still several different types of accommodations available to guarantee your stay is perfect. The suite pool villa offers privacy and some of the best views of the cascades, which can be enjoyed from the veranda. The Thai villa features the classic Lanna-style Chiang Mai is known ensuring an authentic stay. Perhaps the most unique of all the accommodations is the luxury-tented villa which is eco-friendly. The tent provides a camping-style experience without having to give up the luxuries of home. Inside you will find a bathtub and shower as well as interior furnishings that provide the ultimate jungle ambience. From bamboo walls to teak furniture and luxurious ceiling canopies, you will want to see it for yourself if you enjoy camping.

36

Great Getaways Chiang Mai

Chiang Mai best cakes

No better feelings

Even if you don’t stay at Sukantara Cascade Resort & Spa, you should stop by to try the Naomi cakes. Specially crafted by the manager, these are simply scrumptious. The coconut cake and coffee cake are out of this world and worth the trip from Bangkok on its own.

What stands out most about Sukantara Cascade Resort & Spa is the feeling you have during your stay. From the moment you arrive to the time you bid farewell, there is a delightful homey feeling you can’t help but appreciate. Wandering around the resort exploring the waterfalls creates the same joy as when you played in the backyard as a kid.

There are plenty of other reasons to dine at the hotel’s on-site restaurant. The traditional Thai Kantoke dinner is served outdoors in front of the waterfalls and is a romantic experience that can’t be duplicated. During dinner you can indulge in an assortment of Chiang Mai’s most famous dishes all while basking in the wonderful candlelight setting. Of course, you will want to conclude the evening with the aforementioned Naomi cakes before retiring back to your room for the evening.

The staff at the resort is also exceptional, providing the Lanna-style service that has been passed down for generations in this region. Sukantara employs Karen staff who know this part of Thailand better than anyone else. The hill tribe group has been living in the mountains outside of Chiang Mai for centuries and is happy to assist you in any way possible. Should you want to feel even more relaxed, the highly skilled wellness staff at the on-

site Chiida Spa are available with a number of sublime treatments available. There is no better way to unwind than taking part in one of the spa’s signature massage or aroma therapy packages as the soothing sounds of the water serenade you in the background.

Once in a lifetime There are a number of amazing resorts and retreats in Thailand, but none of them are quite like Sukantara Cascade Resort & Spa. The entire experience, from the world-class staff to the amazing scenery, is one you will never forget. It’s authentic, it’s peaceful and it’s beautiful. If you want to get away from it all (and eat some delicious cake) then head to Sukantara for a few days. You won’t be disappointed. For more information or to make a reservation, please call +66 81881 1444 or visit www.sukantara.com

37



Great Getaways Chiang Mai

4 MUST VISIT PLACES IN MAE RIM Cheyenne Hollis From majestic waterfalls to strawberry farms, Mae Rim is an ideal to explore when in Chiang Mai. Located northwest of the city centre, the district is most well-known for being home to Doi Suthep–Pui National Park, but this stunning region has several other destinations of note. Here are four must visit places in Mae Rim you’ll want to check out the next time you’re in Chiang Mai.

1 2 Strawberryland If you love strawberries than Strawberryland is a place you mustn’t miss. You can sit down and enjoy a fresh strawberry smoothie or sip on a glass of strawberry wine. You can also grab some strawberry preserves or a number of other goodies. Perhaps the best deal of all at the strawberry farm is the eat all you can pick promotion.

3

Di Bosco Coffee Specialist Arguably the best coffee in Mae Rim can be found at Di Bosco Coffee Specialist. The baristas are skilled in the fine art of espresso and the menu has all your favourite coffee drinks. However, if you are feeling a little adventurous, you can brew your own coffee using one of the shop’s various methods.

4

Tat Mok Waterfall While Mae Sa Waterfall is the more popular waterfall, Tat Mok Waterfall is far more impressive. It is also less crowded although both spots can get busy on weekends and during high season. Located on the northern edges of Doi Suthep–Pui National Park, Tat Mok Waterfall is easily accessible should you take the scenic route to Moncham.

38

Eagle Track Zipline If you’re looking for a little adventure, nothing tops ziplining above the Mae Rim forest. The track itself is pretty impressive with a spiral staircase, hill tribe ladder, kung fu walk, zig-zag walk way and a monkey bridge among the obstacles you’ll encounter on your journey. A number of different packages are available at Eagle Track Zipline, so you can pick the day out that suits you best.

39



Great Getaways Myanmar

THE BEST HOTEL IN MYANMAR One look at the impressive infinity-edge swimming pool that offers gorgeous views of the Bay of Bengal and you’ll understand why the staff at Eskala Hotels & Resorts has proudly welcomed you to paradise. The property is simply stunning with world-class service making it unique among the hotels and resorts in Myanmar. The Dot Property Myanmar Awards 2017 is pleased to announce Eskala Hotels & Resorts as the winner of Best Hotel and Resort. If you are looking for a special getaway in Southeast Asia, this is the place you want to go to. Located along Ngwe Saung Beach, the hotel is nestled along white sands and beautiful blue waters. The area has become Myanmar’s premier beach destination and one of Asia’s best kept secrets. Guests can enjoy secluded, private beaches not found elsewhere in the region.

Outstanding accommodations The rooms and villas at Eskala Hotels & Resorts offer the feeling of paradise. The hotel has a total of 60 rooms, each one equipped with a view balcony, air conditioning, mini bar, LCD television with satellite connection and a DVD player. Many rooms provide stunning views of the sea while the private villas place you right next to the beach. No matter what type of accommodation you prefer, Eskala Hotels & Resorts has it.

A touch of romance The resort is the perfect place for those couples wanting to add a little romance to their relationship. In addition to being a popular spot for weddings, Eskala Hotels & Resorts is ideal for honeymoons, anniversary celebrations or romantic getaways. There is a special romance package that includes a lovely candlelight dinner on the beach, a couple’s massage and an exotic fruit

40

and chocolate platter presented upon arrival. When you’re not being pampered, you and your significant other can relax by the pool and sip on a cocktail carefully crafted by the resort’s Sea Mixologist. If you’re looking stay busy during your holiday, the hotel can help arrange an array of activities for you to try. Whether you want to explore the local islands or cycle around the area, the staff is on hand to help make it happen.

Authentic dining There are two restaurants at Eskala Hotels & Resorts including Village House where you can enjoy authentic Rakhine food that has been prepared using all local ingredients. Vegetables are grown on-site in the hotel’s organic garden while fresh seafood is p u rc h a s e d f ro m t h e n e a r b y v i l l a g e s . Additionally, original, authentic recipes are used at Village House meaning the dining experience is one you won’t want to miss. Myanmar-style pork and potato curry, prawn soup and fried fish are just a few of the recommended dishes. Meanwhile, Brizo Restaurant and Bar provides another excellent dining option with Asian and Western cuisines available. Food is prepared by internationally-exposed professional chefs while the bar is staffed with a trained mixologist.

A worthy winner Eskala Hotels & Resorts has earned the Best Hotel and Resort honour at The Dot Property Myanmar Awards 2017. From the well-trained staff providing expert service during your stay to the innovative organic garden that provides the restaurants with fresh vegetables, there is a lot to love about the property. If you’re looking for a new and exciting beach destination in Southeast Asia, head to Ngwe Saung Beach in Myanmar. And if you do go, be sure to stay at Eskala Hotels & Resorts, Myanmar’s best hotel and resort.

For more information please visit: www.eskalahotels.com

Great Getaways Myanmar

41



Great Getaways Myanmar

The beautiful beach in Asia you've never heard about

Ngwe Saung Beach is undoubtedly a hidden gem. More than 15 kilometres of pristine beaches can be enjoyed with most being sparsely populated when compared to the region’s other popular seaside getaway locations. If you’re looking for seclusion and peace, Ngwe Saung Beach offers both in spades. It is a four-hour drive away from Yangon and the lack of an airport is the primary reason tourists opt for other beaches in Southeast Asia. However, those feeling adventurous should definitely check out Ngwe Saung Beach. It is only a matter of time before more people find out about Asia’s best kept beach secret. Here are just a few of things you can enjoy during your visit.

Catch the sunset over the Bay of Bengal 42

Whether you are lounging at your hotel or enjoying a fresh seafood dinner at one of Ngwe Saung Beach’s many eateries, there is nothing quite like watching the sun go down over the Bay of Bengal. Picturesque doesn’t even begin to describe how beautiful it truly is.

A starry night After the sun goes down, the moon and stars light up the sky. Viewing them here is quite nice as the sound of waves crashing onto Ngwe Saung Beach can be heard in the background.

Hire a motorbike and explore There is a lot to see all along Ngwe Saung Beach. The best way to peep it all is by hiring a motorbike. You can explore up and down the coast finding secluded spots, delightful cafes and other sights. Be sure to be careful and follow all road safety regulations.

Go snorkelling There is some colourful coral and exotic fishes to be seen should snorkelling be your thing. Most of the snorkelling is situated around a few islands across from Ngwe Saung Beach, most of which are accessible on foot during low tide. Be sure to ask your hotel for additional information.

Important information Low season runs from May to October and some resorts shut their doors during this time. Infrastructure is still being built up in Ngwe Saung Beach which means roads can be a bit rough. In terms of entertainment, the region is developing. The number of bars and clubs is limited and you won’t find any restaurant chains either.

A smart office with flexible choices

On average, everyday 100 companies are set up in Ho Chi Minh city, the economical center of Vietnam. This dynamic city is witnessing a big wave of domestic start-up and foreign investment. The demand of office, as a result, is increasing high. Workyos - a brand new business center brings to the market a very modern office concept and more flexible choices.

Located right in a new building

of Vietnam biggest telecommunication group, the office has an amazing city view and easy access to all city areas. This building offers healthy air-conditioner system and secured high speed Internet. The U-shape architecture with all glass window surfaces brings this office pleasant natural light from sunrise to sun set. The beautiful in-house bar, the creative design and smiling helpful staff of Workyos will make you want to come to work everyday. Furthermore, if you need legal license, production, marketing or design support, you can trust on Workyos’ reference.

Amazing view & space

Its management board is experienced entrepreneurs with wide business network in Vietnam. Whether you need an office, a meeting room, an event venue by hour or just a working desk, Workyos will flexibly meet your demands. No need big investment, saving time and administration work, what you need to do is just bringing your laptop. Tenants at Workyos believe choosing Workyos office is a very smart choice for their company brand and a good foundation for their business. Workyos is recently recognized as Southeast Asia’s Best of the Best Serviced Office by Dot Property Asia.

Viettel Tower, Floor 12 285 Cach Mang Thang 8, HCMc

[email protected] www.workyos.com

Private office Meeting room Event venue

098 640 03 03 02862 882 882

GRAND HIMALAI PHUKET’S AWARD WINNING ICON

"



Cover Story

Blue Horizon’s hard work was rewarded last year when it was named Best Developer Phuket at the Dot Property Thailand Awards 2017. In addition to Grand Himalai, the firm has a portfolio of world class projects that have proven to be a hit with residents and investors.

44

Cover Story

45



Cover Story

Millionaires Mile in Phuket is home to many of the island’s most outstanding developments. The location along Kamala Beach has long been popular due to its beautiful beaches and secluded ambiance that offers more privacy than other areas of Phuket. Grand Himalai has quickly established itself as the premier development in the area.

returns than at non-branded condominium projects. The partnership also highlights the quality of both the developer and development. Wellknown hospitality firms are extremely selective when it comes to whom they work with. For example, Wyndham has a very thorough vetting process which Grand Himalai had to pass.

And it has the awards to back up this claim. Grand Himalai was named Best Mid-Range Development Phuket and Best Mixed-Use Development Phuket at the Dot Property Thailand Awards 2017, the only project to take home multiple honours last year.

5-star facilities

The project boasts an amazing location, well-designed units and 5-star facilities to create a resort-style community. Adding to the resort feel is the fact that developer Blue Horizon has entrusted Wyndham’s respected Ramada Plaza brand to manage the property. “Grand Himalai is without a doubt the most prestigious and upscale project we have launched to date. As this is our fifth project, we have introduced luxurious facilities while offering a very unique design concept, all within a 5-star resort style setting,” Andres Pira, CEO and Founder of Blue Horizon, points out. There are a total of 426 studio-size units with each one offering direct ocean views. However, there are opportunities to open the floorplan up by combining units to create a large two-bedroom unit. Investors also have the option to add connecting doors should they wish. The residential portion of the development has been well received with buyers snapping up units during the pre-launch phase. With Ramada Plaza signed up to manage the development upon completion in 2019, investors can be confident of stronger rental

46

The luxurious facilities at Grand Himalai are outstanding and add an amazing dynamic to the development. From a visual standpoint, the stunning iceberg pool with a bar and a children’s pool is the most notable feature. There is also a slope lift to help people get up and down the hill the project is situated upon, a nice convenience for those not interested in walking. Many visitors travelling to Phuket do so looking to get away from the hustle and bustle of city life. Understanding this, Blue Horizon incorporated several amenities designed to create a tranquil environment for those staying here. There is a serene waterfall that pours into a Koi pond which serves as a wonderful place to step back and reflect. The project’s meditation orchid garden is an ideal space to get away from it all. Finally, the Birds Nest Spa offers an unmatched relaxation experience where you can indulge in a massage or spa treatment. Every detail at Grand Himalai has been curated to create the ultimate resort-style community. The 5-star facilities will draw in tourists from around the world wanting to experience everything the development has to offer.

Cover Story

Phuket’s best developer Blue Horizon’s hard work was rewarded last year when it was named Best Developer Phuket at the Dot Property Thailand Awards 2017. In addition to Grand Himalai, the firm has a portfolio of world class projects that have proven to be a hit with residents and investors due to their high quality and impressive return on investment.

Notable Blue Horizon Developments include: • • • • •

Skylight Villas – 19 villas The Beachfront – 220 units Signature Villas – 16 villas Himalai Condominiums – 448 units Grand Himalai Condominiums – 426 units

Understanding that location is arguably the most important aspect of real estate and this is the first thing Blue Horizon considers before starting a new project. The developer selects only prime, in-demand areas for its projects. Once the land has been secured, Blue Horizon incorporates designs that appeal to buyers and bring something new to the market.

Situated upon a hill, the residential buildings do vary in height. The ones closest to the beach stand four storeys tall with units on the lower floors having garden or partial sea views while those on the third and fourth story boast full sea views. Meanwhile, the condominium buildings further up on the hill are two storeys and both floors have full views of the magnificent Kamala Beach. Prices start at THB 3.9 million (USD 123,340) and go up depending on where the unit is located within Grand Himalai. Given the unspoilt location along Millionaire’s Mile, management by Ramada Plaza brand and 5-star resort amenities, the prices here are among the most attractive in all of Phuket. Those wanting a unit with more space can open up the floorplan by combining units. This creates a two-bedroom, two-bathroom condominium that also boasts a living area and kitchen. At 68 square metres, the space appeals to families looking for the ideal holiday destination. For investors, combining units offers more flexibility and return on investment. The units can be connected by adding a door and either be rented separately or combined into a family suite.

Another key to the success of Blue Horizon is the developer’s affordable prices. For instance, units at Grand Himalai maintain a competitive price point despite utilising high-quality materials and fittings. Additionally, the project features amenities usually reserved for the island’s 5-star resorts. When you consider all of this, it is easy to see why Blue Horizon has established itself as the best developer in Phuket. And their legacy has been enhanced with the island’s newest icon, Grand Himalai.

About Grand Himalai Project:

Grand Himalai

Developer:

Blue Horizon Thailand Co., Ltd

Product type:

Studio apartments within a resort-style community

Architect:

Luck Living

Location:

Kamala, Phuket

Launch:

October 2016

Completion:

September 2019

Total land area:

16 Rai

Number of units: 426 units Title:

Lease & Freehold

Sales office: +66814590152 Email:

[email protected]

Website:

www.grandhimalai.com

Grand condominium units There are a total of 426 units at the resort with each one measuring in at 34 square metres. The units offer direct ocean views of the beautiful Kamala Beach and have been designed to incorporate the lovely surroundings. Each condominium has its own private balcony along with an en-suite bathroom and cassette mounted air-conditioning. The sleek, fitted bathrooms and modern natural wood styled furniture adds a touch of elegance to the condominium units. There are also floor-to-ceiling windows to allow residents to gaze out at the impressive views.

47



Cover Story

Return on investment The guaranteed rental return rate at Grand Himalai during the first five years is seven percent annually, far better than currently available in other Southeast Asian resort destinations such as Bali. Additionally, once the initial rental return program is finished and complete, investors have the option to place the property in the hands of the resort’s rental management team. Projections show that owners of a standard studio room could make a further 14 percent annually with higher returns a realistic possibility. This is due to two main factors. The first being strong tourism numbers. More than 35 million people visited Thailand in 2017, up from the 32.6 million arrivals in 2016. Regional arrivals from nearby countries such as Singapore, Malaysia and China are all increasing while visitors from Russia are once again returning as the country’s currency recovers. In Phuket, the number of tourists flocking to its beaches continues to soar. The island welcomed a record number of visitors in 2017 and continues to see growth in this sector. Direct passenger arrivals to Phuket International Airport during the most recent high season were estimated to have increased by five to seven percent, according to the Phuket Hotels Association. The recently completed international terminal at Phuket International Airport has opened up the island to new direct flight routes from across the globe. All signs point to more people coming to Phuket in the years to come and with this comes the need for more accommodations. This is where Grand Himalai and the Ramada Plaza brand come into play. Ramada is part of the Wyndham Group who manage more than 7,400 hotels across 15 brands in close to 70 countries. These brands are trusted by global tourists thanks to the professionalism and reliability found at each property. Tourists coming to Phuket want to stay in resorts operated by familiar brands for peace of mind. That means branded properties, such as Grand Himalai, have a natural advantage when compared to nonbranded developments. Grand Himalai also benefits from having prestigious neighbours such as Hyatt Regency Phuket Resort. When those planning a holiday see the resort being situated next to other high-end accommodations, they feel more confident in the location and its desirability.

Five reasons to invest in Grand Himalai 1) World famous hotel brand managing the property 2) Guaranteed seven percent annual rental returns during the first five years 3) 5-star resort calibre facilities and community 4) High-end condominum units at an affordable price point 5) Developed by a respected, award winning developer in Blue Horizon

48

49



Spacial Feature

Building a legacy:

the shining success of Anchor Land 50

51



Spacial Feature

Anchor Land Holdings, Inc. has established itself as one of the best Filipino developers, but after winning two honours at The Dot Property Southeast Asia’s Best of the Best Awards 2017, it can now be considered among the region’s elite. Anchor Land was named best Emerging Market Developer while its Anchor Land Corporate Center took home the award for top Sustainable Development. The awards were the latest additions to the firm’s growing list of accolades. Anchor Land Holdings, Inc. President Elizabeth Ventura accepted the awards during a recent event held at The Okura Prestige Hotel in Bangkok. She was joined by Dot Property Group Founder and CEO Ben Neve and Sunniya Kwatra, International Business Development Manager at Dot Property. Anchor Land Holdings, Inc. President Elizabeth Ventura

Anchor Land emerges to become the best The Philippines is among the strongest emerging markets in the world today. It has become Asia’s rising tiger with it strong economic performance and robust growth. With stability and growing demand from both domestic and overseas buyers, the country’s real estate market continues to perform at a high level. Anchor Land has been leading this charge by developing iconic condominiums that are among the most in-demand in the country. “When you look at the emerging markets in Southeast Asia (the Philippines, Vietnam, Thailand and Indonesia), there are a number of developers working on outstanding projects,” Neve details. “But Anchor Land hasn’t settled for being good or even great. They are responsible for iconic developments, such as Admiral Baysuites, that are recognisable throughout Southeast Asia for being the absolute best.” He continues, “This commitment to creating developments that not only offer residents the best, but stand out in the process is the key reason Anchor Land has been selected as best Emerging Market Developer at The Dot Property Southeast Asia’s Best of the Best Awards 2017.” At the ceremony, Ventura was presented with the award by Dot Property and had this to say on winning, “In the local market, credibility is key. It gives people a reason to believe in us and what we are doing. That is just one reason winning this award is important. Another reason it is important is that winning motivates us to do better. Anchored on 100% commitment to providing customers more value for their investments, everyone at Anchor Land understands that we must keep improving to ensure we are meeting the needs of our clients.”

52

A second victory for Anchor Land

Bringing a new vision to Manila Bay

Best Emerging Market Developer wasn’t the only honour for Anchor Land at The Dot Property Southeast Asia’s Best of the Best Awards 2017. The firm’s impressive Anchor Land Corporate Center was named as the best Sustainable Office Development.

Anchor Land has helped rejuvenate Old Manila and Manila Bay by developing projects that embrace the area’s charm and history. The company does this by utilising a fusion of current trends and traditional comforts and practices. The end result is luxurious projects that are both timeless and functional.

“In addition to being LEED Pre-Certified GOLD, Anchor Land Corporate Center has utilized a great deal of green architecture and design elements that are rare for a commercial development in the Philippines,” Neve explains. “It is refreshing to see an office development that goes above and beyond when it comes to sustainability while also providing tenants with a cutting edge workplace.” Anchor Land Corporate Center has a modern green architectural design which includes ply-glass with high sound isolation and heat isolation efficiency, allowing the right amount of sunlight and heat to enter. The building is equipped with a number of facilities designed with the modern employee in mind. These include a spa, gym, garden lounge and open deck in addition to its green architecture. “People will spend as much as 80 percent of their time at the workplace so we really wanted to develop a space that considered their lifestyle and well-being,” Ventura says. “It was also important to incorporate sustainability into Anchor Land Corporate Center. It means a great deal to our stakeholders and the project as a whole to win best Sustainable Commercial Development.”

Anchor Land’s notable Bay Area projects: • • • • • • • •

Anchor Land Corporate Center Admiral Baysuites Admiral Grandsuites Admiral Hotel Baylife Venue Solemare Parksuites Monarch Parksuites Copeton Baysuites

The Admiral Property blends modern living and rich heritage, which is composed of the luxury residential condominium Admiral Baysuites, the European-inspired Admiral Hotel, and the highly exclusive Admiral Grandsuites. Admiral Baysuites is one of the developer’s most iconic condominium projects. It offers the ultimate luxurious residential experience enriched by the wealth of heritage on its grounds. Embracing the upscale lifestyle Manila Bay made famous at the beginning of the 20th century, it is part of Anchor Land’s redevelopment of the Admiral Hotel, once the beacon of seafarers and the hub of the Philippines’ elite during the pre-war era. Residents at Admiral Baysuites have access to rare, ultra-personalised, white glove service

Special Feature

" offered by the hotel, which includes concierge, s e c u r i t y a n d h o u s e ke e p i n g s e r v i c e s , comparable to an exclusive club in a condo. The East Tower caters to the more practical and cosmopolitan lifestyle, while the West Tower is more exclusive and offers a majestic view of the Manila Sunset. A 25-metre lap pool, mini-theatre, gym, KTV room, music room, game room, poker room, billiards room, poolside lounge, spa, VIP lounge and piano bar, cigar room, al fresco dining area, wine cellar and English garden on the roof deck are just a few of the amenities that complete the grand experience in Admiral Baysuites. The developer also continues work on the landmark Admiral Hotel which has catered to some of the world’s most prominent figures such as General Douglas MacArthur and Lord Mountbatten in the past. It is currently being resorted into a European-inspired luxury boutique hotel to be managed by the prestigious Sofitel Collection.

Situated along Manila’s version of ChampsElysees, the location of the Admiral Hotel and Admiral Baysuites is undoubtedly the most desirable in all of Manila. Only a few minutes from this premier residence and hotel are the luxurious attractions of Entertainment City.

When you look at the emerging markets of Southeast Asia (the Philippines, Vietnam, Thailand and Indonesia), there are a number of developers working on outstanding projects. But it is Anchor Land that stands out.

The most captivating integrated resorts and casinos referred as the “Vegas of Asia” are found here. Solaire Resort and Casino, City of Dreams and Okada Manila are all delighting visitors while the upcoming West Side City, dubbed as the “Broadway of Asia”, will add another element of exciting to the bustling region. With an award winning portfolio, a clear vision and a commitment to excellence, the entire team at Anchor Land deserves credit for the company’s success. However, this is only the beginning. More world-class, high-end real estate projects that meet the needs of the firm’s discriminating clients are still to come.

53



Feature

SMOOTHIES AND TSUBAKI AT THE OKURA PRESTIGEBANGKOK

From now until 31 March, The Okura Prestige Bangkok has two unique promotions designed to delight and invigorate. You can unwind with a relaxing spa treatment or take in an afternoon tea inspired by Japan’s Tsubaki camellia blossoms at the hotel.

Lovely Tsubaki at Up & Above Bar Tsubaki is in full bloom in Japan during this time of the year. Seen as a symbol of perfection and love, the pastry chefs at Up & Above Bar have taken this concept and created floral flavours to delight the senses with delicate notes in a selection of herbal infusions and teas. Guests can indulge in sweet delights that include seasonal Daifuku, Tsubaki macarons, Tsubaki tea cake, rhubarb crumble tart, almond crunchy chocolate truffle, cream roll and blackcurrant montblanc. Scones and savoury are also offered as part of the set. The Tsubakiinspired treats are a perfect companion with a cup of freshly brewed Mariage Frères tea or rich illy coffee. It also pairs beautifully with a glass of Sake, chilled Champagne or Prosecco.

54

Tsubaki Camellia Blossoms Afternoon Tea is available from 2 pm to 5 pm at Up & Above Bar until 31 March 2018. Prices start at THB1,190++ inclusive of premium coffee or tea for two persons and increase for Sake, chilled Champagne or Prosecco.

Smoothie spa The Smoothie Retreat package currently offered at The Okura Spa until 31 March features the use of strawberries. The fruit is rich in vitamin C and known to be good for the skin as it fights off free radicals that steal oxygen from healthy cells and destroy collagen. The strawberry is also very efficient in reducing blemishes and acne scars because it contains skin-lightening extracts. This reviving treatment starts with a 30-minute Strawberry Smoothie Foaming Salt Scrub that exfoliates the skin and prepares it for the massage to come. The scrub is followed by a soothing 60-minute massage using an essential oil from the Tsubaki camellia flower. The Smoothie Retreat package is available daily at The Okura Spa from 10 am to 10 pm until 31 March 2018. The package costs THB3,800 ++. For more information and reservations, please contact 02 687 9000 or visit www.okurabangkok.com

55



Feature

Create the ultimate hotel inspired bathroom in your home The bathroom has become an ever more important space for relaxation and rejuvenation, away from distractions and disturbances that life can bring. Once seen as a utilitarian space, homeowners are now placing more emphasis on the bathroom. Many aim to create an enjoyable private space which resembles the stylish facilities found in 5-star hotels. Hansgrohe Singapore’s brands AXOR and hansgrohe, have fitted countless high-end hotels throughout Asia. The award-winning company shares some tips with us that will allow homeowners to bring the same sophistication to their own bathroom.

Colours Like the bedroom, the bathroom is a space characterised by one’s individual taste, and reflects the personality of the occupants. While standard colours like white have dominated interior design for years, they have become insufficient to meet the changing needs of homeowners, who are seeking to individualise their bathroom through different ways. In order to create a luxurious hotel-inspired bathroom, colours ar one of the aspects homeowners must consider when designing their

56

private space. Fiery red and orange tones, often used as accents in the living space with modern furniture and accessories, symbolise energy, strength and intimacy, while blue shades create a cosy ambience with a soothing effect with connotations of nature or the ocean. Other than tiles and walls in the bathroom, colours can apply to bathroom fittings too. The AXOR brand offers a bespoke customisation service for bathroom fittings manufactured with Physical Vapour Deposition (PVD), adding a personal touch to the bathroom. These iconic bathroom fittings in special finishes such as bronze, nickel or red gold, brushed or polished, are exceptionally aesthetic and functional, and augment the luxury bathroom with extra character, similar to popular luxury hotel bathrooms.

Lighting, texture and scent The lighting of the bathroom space, the texture of the materials and the fragrance used in the bathroom are important in creating a relaxing atmosphere. Our senses are aroused by many details. For example, we want to enjoy the rain shower on our skin, we are pleased by the soft lighting during a relaxing shower, we caress our hands over the marble counter tops and we savour the whiff of the aromas in the bathroom.

Feature

Refined finishes bring joy, including fine grains in natural stone, nonslip wood, marbled tiles and the pattern of small mosaics and tiles. These bathroom companions, as featured in Martin Modern and Stars of Kovan residences in Singapore, have structures that please the eye and turn the bathroom into a luxurious and inviting space, bringing about a more pleasurable experience and encouraging a longer stay in the bathroom. The overall bath lighting and vanity lighting can also contribute significantly to the ambience created in the bathroom – a general rule of thumb is to use different light for different purposes. When creating a luxurious bathroom, it is also important not to neglect the scent. What many people fail to realise about those luxurious 5-star hotel bathrooms is the fact they always have a pleasing scent. It is a small detail that goes a long way.

Themes A luxurious hotel bathroom is often designed with a specific theme. These can be classic, modern or even industrial concepts that tie everything together. When designing a posh bathroom for the home, it’s important to decide first on the theme before searching for fittings and accessories to match the bathroom theme.

The JW Marriott Phu Quoc Emerald Bay Resort & Spa, a 5-star luxury hotel, features bathrooms with an impeccable classic theme. Designed by famed architect Bill Bensley, the bathrooms feature the AXOR Montreux fittings, the epitome of authenticity in perfection. Designed by AXOR and Phoenix Design, the AXOR Montreux collection pays tribute to the belle époque of the early 20th century. The industrial-themed bathrooms of The Warehouse in Singapore’s in Robertson Quay offers an edge over typical bathrooms with a clean and minimalist style featuring concrete and metal. Fitted with the AXOR Shower Products designed by FRONT, the bathroom is timelessly modern with a warm welcoming effect.

Technology For some homeowners, a hotel-inspired bathroom should be equipped with the latest technology. This is a sign of the sophisticated hospitality present in many hotel bathrooms. There are indeed bathroom fittings which feature advanced technology for the users. These create unmatched convenience and ease-of-use. For more information, visit hansgrohe.com.sg

57



Property of the Month

TROPICAL LIVING IN CEBU, PHILIPPINES

Citrineland Corporation, a local developer in Cebu City, Philippines, won Best Developer Cebu at the Dot Property Philippines Awards 2017 thanks in large part to its ability to create projects that capture the imagination of buyers. The developer has no shortage of amazing developments on the island and one of their most impressive offerings is Serenis North, our latest Project of the Month. Conceived to bring a serene tropical lifestyle to those living in Cebu, the homes at Serenis North are built with clever innovations and smart additions that address what matters most in your daily life. Innovations like a built-in storage under the stairs allow you to stay organised and smart additions like strategically placed louvers and transom windows help minimize energy consumption as these features allow passive air cooling and brings in daylight to your home. It may not look like much, but savvy property buyers know these extras make a big difference. Green living is also incorporated throughout the development. The ingenious design at Serenis North adjusts to and accommodates the region’s year-round sunny environment by using time-tested principles in tropical living. Additionally, a number of eco-friendly features are utilised to minimise its impact on the environment. Family friendly living Family plays an important part in daily life and this is something Citrineland did not forget about when creating Serenis North. Grandparents can comfortably stay here with you during their visits since there is a bedroom on the ground floor. That makes it even more convenient for everyone. For recreation, the subdivision is complete with a clubhouse with nice sized swimming pool for the kids and kids at heart to play during the hot

58

days. The play area and basketball ground are also near the clubhouse and allows you to have more fun times with your family. Add in the gated entrance and 24/7 security and Serenis North is indeed a project that delivers beyond green tropical living. And soon, Citrineland will bring this same project in the south of Cebu City. 3 reasons to love Serenis North Only 1 unit left – This isn’t one of those projects that looks nice, but sits empty. Only one unit remains at Serenis North, which highlights just how in-demand the development has been. Tropical living at its finest – Cebu is known for its tropical lifestyle, but many of the region’s residential developments don’t incorporate this aspect into the design. Citrineland made sure Serenis North had all the elements of tropical living. Long list of amenities – Just about everything a person could want can be found inside the gates of Serenis North. From the well-appointed Clubhouse to the smartly designed swimming pool, the development has it all. Project of the Month information Project:

Serenis North

Developer:

Citrineland Corporation

Location:

Liloan, Cebu City

Uses:

Primary residence, investment property

Price:

Starting from PHP 7 million (USD 139,269)

Villa of the Month

THE LOVELIEST HOME IN DALAT, VIETNAM

There are houses in Vietnam and then there are the seven magnificent luxury villas that sit inside the private gates of La Vallee de Dalat, a luxurious project from Dai Phuc Development, winner of Best Developer Dalat. Simply put, the painstakingly detailed La Vallee de Dalat is the crown jewel of this up and coming region.

beautiful and easy to access. The project contains a limited number of two- and three-story villas with one empty lot set to be developed.

Residents find themselves high in the sky on a pine-covered hillside, delighted by the fact they own a piece of the most exclusive real estate development in Vietnam. Those spending time here are transported to a bygone era through the elegant craftsmanship and romantic design of their French colonial style home.

Wonderful weather – If you want to escape the hot, tropical weather of Southeast Asia, Dalat is the place to go. Located a mile above sea level, the temperatures here are moderate and refreshing all year round.

There is no doubt La Vallee de Dalat’s visionary residences form the pinnacle of Vietnamese real estate. In addition to the spectacular setting, it is the only private guarded compound in Dalat and happens to be a mere five minutes from the storied Dalat Palace Golf Club and adjacent to Bao Dai’s Summer Palace II. With only a limited number of villas on offer, owners are among the privileged few that can call the King’s land home. La Vallee de Dalat is majestically situated a mile above sea level overlooking a lush valley and rolling pine-covered mountains. Unlike most real estate in Vietnam, the gradual slope of the property has enabled the architect to design villas that feature spacious terraces on each level. Such areas not only allow residents to feel closer to nature, they also enhance the unique, colonial-era style of La Vallee de Dalat. What’s more, consideration has been given to landscaping and infrastructure, resulting in a well-planned, private, luxurious community that is both

3 reasons to love La Vallee de Dalat

Unmatched exclusivity – There are only a limited number of villas at La Vallee de Dalat meaning an investment here is truly rare. It is a privilege to be able to own a property here. Historic feel – The elegant craftsmanship and the French colonial style design allows residents to get a feel of what Vietnam was like in the days of yore. Villa of the Month information Project:

La Vallee de Dalat

Developer:

Dai Phuc Development Ltd., Co.

Location:

Dalat

Uses:

Holiday home, retirement villa, investment

Price:

Starting from VND 21.59 Billion (USD 950,778)

59



Listings of the Week

Each week, Dot Property selects some of the best listings from its network of ten websites spanning Southeast Asia. Here are just a few of the properties we picked in the first quarter. To see all of our Listings of the Week, be sure to visit dotproperty.international

LIFE’S A BEACH IN VIETNAM DOT PROPERTY INDONESIA AWARDS

LEADERS OF REAL ESTATE AWARD PT. Pikko Land Development

2017 Awarded by www.dotproperty.id

If you haven’t visited Long Hai Beach in Vietnam, you’re missing out. This beautiful destination is one Southeast Asia’s up-and-coming resort locales. This listing features the top residential property in Long Hai Beach, Oceanami Villas & Beach Club Resort. This three-bedroom, three-bathroom villa has 225 square metres of useable space and is smartly designed facing the East Sea. Feng shui principles have been used to create an ideal layout. The villa is equipped with air conditioning and a patio space.

Information Listed by: Property:

BeeGreen Oceanami Villas & Beach Club Bedrooms: 3 Bathrooms: 3 Useable Area: 225 square metres Location: Long Hai Beach, Ba Ria, Vietnam Price: VND 6 Billion (USD 264,267)

A VILLA NEAR INDONESIA’S MOST POPULAR HOT SPRINGS The Sari Ater Hot Spring area is quickly becoming a popular place to buy real estate. With wonderful hot springs that are similar to the onsens in Japan, these waters possess healing properties that help sore muscles recover and reduce stress. Ciater Spring Valley, PT Sari Bumi Mas’ latest premium villa project, is a development that allows families to enjoy this region up close. This listing is a magical four-bedroom, fivebathroom villa that sits on a 712 square metre plot of land. It is the ideal retreat for families thanks to the partitions on each floor that provide a private atmosphere. The villa itself also boasts spacious bedrooms and living rooms, a parking area and a swimming pool.

Information Listed by: Property: Bedrooms: Bathrooms: Useable Area: Location: Price:

PT Sari Bumi Mas Ciater Spring Valley 4 5 285.1 square metres West Java, Subang, Ciater IDR 4 billion (USD 297,645)

GAZE AT THE BRIDGES OF PENANG There is a lot to love about Penang. From the historic Georgetown to the wonderful Straits Quay, the island is truly one of Asia’s hidden gems. This listing happens to come from the island as well. This impressive, 160 square metre condominium unit at Quay West Residence boasts a modern design and some of the best views possible. The freehold condo is strategically located between the Penang Bridge and the Sultan Abdul Halim Muadzam Shah Bridge in one of island’s most well connected areas. The airport as well as Queensbay Mall and a number of fantastic eateries are all a short drive away. With 3 bedrooms, 3 bathrooms and views overlooking the sea, this condo also has a number of cuttingedge features not found at any other project in Penang including two private lifts.

60

Information Listed by: Property: Bedrooms: Bathrooms: Useable Area: Price:

Asia Green Group Quay West Residence 3 3 160 square metres MYR 1.36 million (USD 330,130)

Listings of the Week

AN AFFORDABLE ALTERNATIVE TO KO SAMUI Featuring a great variety of beaches and the laid back lifestyle Thailand is famous for, Khanom & Sichon in Nakhon Si Thammarat Province should be on your radar if you are looking for property in a beach community in Thailand. This listing comes from RE/MAX Island Real Estate who has a wonderful, 1,200 sq. metre beachfront land plot available in Khanom & Sichon that is perfect for a large home or possibly a resort.

Information Listed by: Property: Price:

Both areas feature beaches that rival those found in more famous destinations in Thailand, but with property prices currently only a small fraction of the prices of Ko Samui and Phuket. Many expats that now call this area home moved from Phuket or Ko Samui to get back to the less hectic daily life they miss.

RE/MAX Island Real Estate 1,200 sq. metre beachfront land (2 plots available) THB3.4 million (USD 104,300)

OFFICE SPACE IN A JAKARTA ICON Finding the right office space in Jakarta can be difficult. With snarling traffic, a lack of public transportation and limited modern office supply, it can be quite the challenge to find a space that offers everything your business needs. This listing, a 205 square metre space on the 28th floor of the Wisma 46, just might be what you’re looking for. The 50-storey tower dominates the Jakarta skyline and has become a recognisable symbol of the city. Wisma 46 is known colloquially as the Fountain Pen building due to a unique design that distinguishes it from other commercial buildings in Jakarta’s Central Business District. The open office space comes unfurnished allowing you to tailor it to your firm’s needs.

Information Listed by: Property: Building: Location: Price:

Lyman Group 205 sq. metre office space Wisma 46 Jakarta CBD IDR 61,617,000 (USD 4,534) per month

A STUDIO IN CEBU’S BEST CONDO DEVELOPMENT Brentwood from developer Primary Homes, Inc. picked up Best Condo Development Cebu at The Dot Property Philippines Awards 2017. Quality and affordability were among the reasons it was honoured at the awards. These two traits can be seen in our Listing of the Week, a very nice studio unit in this outstanding development. The studio is well designed featuring functional spaces the modern resident will appreciate. In addition to the unit, those living here can enjoy using the resort-style amenities at the project. These include a swimming pool, clubhouse, fitness centre and a basketball court.

Information Listed by: Property: Bedrooms: Bathrooms: Useable Area: Price:

Primary Homes, Inc. Brentwood Studio 1 14 square metres PHP 1.05 million (USD 20,790)

61



Awards News

2017 WINNERS

ACCEPT THEIR CERTIFICATES Several Dot Property Southeast Asia’s Best of the Best Awards 2017 winners were presented with their certificates recently. Filipino homebuilders were honoured at last year’s awards as well as developers from Vietnam, Thailand, Indonesia and Malaysia.

8990 Holdings 8990 Holdings was selected as Best Community Developer at The Dot Property Southeast Asia’s Best of the Best Awards 2017 due to its outstanding projects that combine high-quality homes with amenities and community spaces that offer a positive ambiance that improves the lives of its residents. Tani Basman, investor relations officer for 8990 Holdings, accepted the award from Dot Property Philippines country manager Tanya Peralta-Yu during an event in December. “Communities are a big part of living in the Philippines and 8990 Holdings has a range of developments that shows their commitment to not just building a place to stay, but creating a place to live happily,” Peralta-Yu commented. “This award highlights their commitment to providing quality housing and living spaces that are affordable.”

Fortune Hill With an aura of privacy and exclusivity, the interior design of Fortune Hill offers a timeless sophistication unrivalled in Southeast Asia. The stunning development was honoured as Best Interior Design at The Dot Property Southeast Asia’s Best of the Best Awards 2017. “We are very proud that Fortune Hill has won the award for Best Interior Design as we have put a lot of effort in making sure this is a project that is truly unique,” Steve Chien, senior vice president of international and special projects at Filinvest Land, Inc., states. “The design elements maintains the Asian influences important to residents while seamlessly blending them with modern amenities and conveniences.” Developer Filinvest accepted the award at a special event in December that was attended by Dot Property editor-in-chief Cheyenne Hollis and Dot Property Philippines Country Manager Tanya Peralta-Yu.

EZ Land The team from EZ Land, led by managing partner Olivier Dung Do Ngoc, received their certificate for winning Best Mid-Market Condo at The Dot Property Southeast Asia’s Best of the Best Awards 2017. The firm’s HausNeo condominium was cited for its quality and affordability which were key reasons for its victory. “As a new entrant into the mid-market residential space in Vietnam, we are very honoured to gain industry recognition with the innovative design and product we are bringing to the market. Dot Property has been excellent throughout the process and we are pleased to win this award,” Olivier explained.

62

Awards News

Leading media to support the Dot Property Thailand Awards 2018

The Dot Property Thailand Awards 2018 is pleased to announce Class Act Media, Luxury Society Asia and Pattaya Trader as official media partners of this year’s event. The 2018 awards will see the leading developers, projects, real estate agents and companies that contribute to real estate in the country honoured at an exclusive ceremony in Bangkok on 16 August. Luxury Society Asia is the region’s one-stop for luxury solutions. The club was established for networking amongst people who are passionate about luxurious things and Asia’s professionals. Luxury lifestyle business consulting services, an online & offline luxury network and the popular Luxury Society Asia website/blog are just a few of the company’s offerings. Founded in 2009, Class Act Media has established itself as Southern Thailand's most comprehensive media company. The organisation has a portfolio of newspapers and magazines in English, Russian, Chinese and Thai languages as well as radio, TV and numerous web outlets including The Phuket News, Live 89.5 and Phuket News TV. For over 12 years, Pattaya Trader has been the go to resource for expats, business people and tourists in the seaside city. The company publishes the monthly Pattaya Trader magazine which is distributed across the Eastern Seaboard. Additionally, Pattaya Trader operates the biggest Pattaya advertising forum and www.pattayatrader.com, the largest resource for information about the city. More than 15 winners from Phuket, Samui, Hua Hin, Chiang Mai and Pattaya were presented with The Dot Property Thailand Awards in 2017. This year will see the awards expanded to include not only an event, but also the awarding of Thailand’s Best Developer as voted on by the general public. This is the only real estate award in the country to be voted on by the public and the winner won’t be revealed until the big event. For more information about Luxury Society Asia: www.luxurysocietyasia.com For more information about Class Act Media: www.phuketnews.com For more information about Pattaya Trader: www.pattayatrader.com For more information on The Dot Property Thailand Awards: www.thailand-property.com/blog/dotpropertyawards

63

The Dot Property Show returns in July

"



Dot Property Spotlight

We will bring back the Dot Property Show to Siam Paragon for our third year now, which highlights the success and popularity of this event.

64

Dot Property Spotlight

The dates for the Dot Property Show 2018 have officially been announced. Returning to Siam Paragon from 5 to 8 July, the event has become the place to buy property in Thailand. The third annual edition of the property showcase will welcome more than 15 exhibitors. Last year’s Dot Property Show had something for everything with actor Mario Maurer among those who stopped by. Projects from Bangkok, Phuket, Pattaya and Khao Yai as well as international developments from Australia and the UK were all on display. Those in attendance were able to take advantage of special discounts only available during the event. The discounts will be back at the Dot Property Show 2018 along with the high-quality real estate projects that have made the four-day event popular with those thinking about making a property purchase. Held in Bangkok’s famous Siam Paragon shopping mall, the low-pressure environment allows shoppers to speak first hand with developers, learn more about the developments and make a confident home buying decision.

Good news for Thailand’s property market This could be a great year to buy property in Thailand. In Bangkok, political stability and massive government investment in infrastructure have real estate experts excited about the market. Pattaya is another location to keep an eye on. Several Eastern Economic Corridor megaprojects are now underway and this could boost the resort city’s condominium market. The expansion of U-tapao airport in particular could be a boon to the region. There is only one way to see projects from all of Thailand’s premier locations including Bangkok and Pattaya. That’s by visiting the Dot Property Show from 5 to 8 July at Siam Paragon’s Fashion Hall on Level 1. “We will bring back the Dot Property Show to Siam Paragon for our third year now, which highlights the success and popularity of this event,” Dot Expo managing director Andrew Davis said. “We have a diverse range of developments showcasing the unique and exciting nature of the Thai property market.” For more information on the Dot Property Show, please visit www.dot-expo.com

65



Dot Property Spotlight

OCEAN MARINA PATTAYA BOAT SHOW PROVES TO BE A SPLASH FOR SIXTH YEAR RUNNING

The sixth Ocean Marina Pattaya Boat Show is now in the books with more than 4,500 visitors heading to the Gulf of Thailand’s premier marine event. Held at the Ocean Marina Yacht Club, the extensive in-water display of global yacht brands and diverse range of onshore exhibitors were among the highlights. “This year’s show has been a great success. Not only has the line-up of exhibitors and displays been excellent, but the number of visitors and the quality of visitors has been very good too,” Scott Finsten, harbour master of Ocean Marina Yacht Club, organizess of the Ocean Marina Pattaya Boat Show, said. The Ocean Marina Pattaya Boat Show has helped promote Thailand’s marine industry and showcase the Gulf of Thailand’s onshore facilities and offshore cruising grounds since its inception. This year also saw Thailand Property organise a special property showcase area where visitors could see some amazing condo units and villas in the region.

66

“We are thrilled to have the opportunity to partner with such an amazing event. The Ocean Marina Pattaya Boat Show is one of the most popular occasions on the Eastern Seaboard,” Andrew Davis, managing director at Dot Expo, said. “The property showcase allowed visitors to see some fantastic real estate projects and talk to developers and agents in one place, something that isn’t always possible.”

Habitat Group - X2 Vibe Pattaya Seaphere and X2 Pattaya Oceanphere are two of the most exciting developments in the Eastern Seaboard. Habitat Group, a forward thinking homebuilder, developed both of them. Units at these two branded residences are not only perfect as a holiday destination, but provide guaranteed investment returns for when you’re away at sea.

Several leading agencies and developers were on hand providing those in attendance with the opportunity to learn more about numerous exciting projects in Thailand. There are a few of the firms exhibiting at this year’s Ocean Marina Pattaya Boat Show.

LS Invest Properties - Based in Phuket but with deep knowledge of the entire country, LS Invest Properties is the leader in luxury property investment. The company can help everyone from first time buyers to experienced investors find the right property in Thailand.

Mae Phim Property – As winner of Best Developer Rayong at The Dot Property Thailand Awards, Mae Phim Property is well known in the Eastern Seaboard. Among its most notable developments is Escape Condominium. The project is situated directly on the picturesque Mae Phim Beach allowing those staying here to feel as if they are residing in their own private paradise.

Organisers have already confirmed the dates for the seventh Ocean Marina Pattaya Boat Show. The event will take place from 29 November to 2 December 2018 at Ocean Marina Yacht Club. For more information: www.oceanmarinapattayaboatshow.com

Southeast Asia Exclusive Agent Listings Pattaya | Bangkok | Samui

67

Angel Real Estate

Bangkok’s Real Estate

Leading

Paving a Path to your next

OFF-PLAN condominiums

Dream Home

OUR Services Project Financing Project Marketing Project Management

Call : +66 (0) 95 386 6580 Website : www.angelrealestate.co.th

Consultant.

READY TO MOVE

condominiums

你的梦想家园

苏梅岛绝佳投资机会



72

ENJOY DOT PROPERTY MAGAZINE? Don’t miss an issue with the Dot Property App Follow these 3 easy steps for complimentary anytime/anywhere access to Dot Property Magazine!

1

2

3

Step 1

Search for Dot Property Magazine in the Apple Store or Google Play Store

Step 2

Download the app

Step 3

Open the app to read or download any issue

Getting Asia’s most exciting real estate and lifestyle magazine is free and easy.

Download the Dot Property App today and enjoy Dot Property Magazine on your phone or tablet.

73