Phuket, Thailand – Phuket’s visionary development, MontAzure, an exclusive mixed-use community in Kamala district, has teamed up with leading edge hospitality company Twinpalms to launch a branded residential project on one of the last direct beach front sites on the West Coast of the island.
Twinpalms Residences MontAzure will comprise of 75 luxury condominiums, with 100 metres of absolute beach frontage, located between Millionaire’s Mile and the Amanpuri headland. It will be operated and managed by Twinpalms when it is completed towards the end of 2017.
The project presents the first phase of MontAzure’s 454 rai site masterplan, valued at THB15 billion, which will feature a number of integrated components, including a branded five-star hotel, four beach clubs for public and private use, 13 exclusive private hillside estate villas and a 200 Rai nature reserve.
“We are genuinely excited to enter into this agreement,” said MontAzure Managing Director Roland Bleszynski. “The Twinpalms brand is synonymous with a refined resort experience, and this combined with consistently exceptional standards of hospitality has created strong recognition and above all an extremely loyal following worldwide.
“When we entered into discussions we quickly realised that we shared the same values and that through our collaboration we could create a very compelling proposition for buyers as an investment or lifestyle play, as well as an opportunity to be a part of a larger community vision.”
The multi-award winning Twinpalms resort operates in Surin and is the brand behind the Catch and Bimi Beach Club’s and Palm Seafood Restaurant success stories – hospitality & entertainment concepts that set new benchmarks on the island and magnets for A-List international celebrities.
“There were simply too many synergies to ignore,” said Twinpalms Founder and Managing Director Carl Langenskiold. “We were looking for growth opportunities and MontAzure offered a perfect solution for us to extend our brand and management capabilities into a project designed by the same designer as ours. So it was a strong fit.”
Twinpalms Residences MontAzure was designed by Martin Palleros, of Tierra Design, who also provided the masterplan for the entire MontAzure project. The sales gallery will open in December this year and will feature a Twinpalms restaurant right on the pristine pine-fringed beach in North Kamala as a part of the building.
Positioned at the luxury end of the tourism and second home investment market, MontAzure is the brainchild of three of the most prestigious property and hotel investment groups in Asia.
Arch Capital (Hong Kong) and Philean Capital (Singapore), part of Pontiac Land Group, have teamed up with local partner Narai Group (Thailand) to launch what will be Asia’s most exceptional residential resort development.
Twinpalms Residences MontAzure offers one and two-bedroom units with penthouses having access to a private roof top and pool with prices ranging from THB8 million to THB93 million. Investors are invited to join in the management pool and benefits of a well-managed hospitality operation with attractive yields and owner usage up to 45 nights per year.
Buyers will have the option to combine unit types and create a three-bedroom unit with private rooftop and pool. The one-bedroom unit sizes range from 70 to 250 sqm and for two bedroom units the sizes range from 154 to 400 sqm.
Facilities include a residents’ lobby, beach front restaurant and bar, gym/yoga studio, spa pavilions, library and lounge, outdoor event spaces and on-site management office.
About The Twinpalms Residences MontAzure
Number of units: 75
Unit Types: 56 one-bedroom units, 19 two-bedroom units, with options for buyers to request 3-bedroom units.
Ownership: Foreign freehold available based on Thai Condominium Act
Prices: THB8 million – THB93 million (RMB1.5 million, USD250,000 – RMB17.1 million, USD 2.5 million)
Site Area: 9.39 rai (15,000 sqm/161,000 sq.ft)
Architect: Tierra Design
Facilities: Residents’ Lobby, Beach Club Café and Bar, Gym/Yoga Studio, Spa Pavilions, Library and Lounge, Outdoor event spaces, On-site Management office
Management: To be operated Twinpalms Group
Developer: MontAzure is a joint venture of three of the most prestigious property and hotel investment groups in Asia – ArchCapital (Hong Kong & Shanghai), The Narai Group (Thailand), and Philean Capital (Singapore) part of Pontiac Land Group – which have teamed up to launch Asia’s most exceptional resort residential development.