Exclusive Mixed-Use Development Montazure Phuket Launches At Singapore Yacht Show 2016

Valued at over SDG500 million, the 180-acre project that reaches from the mountainside to the beachfront in Phuket’s exclusive Kamala district counts Singapore’s Philean Capital among its investors

SINGAPORE – MontAzure, an exclusive mixed-use community project in Kamala, Phuket, has launched at the Singapore Yacht Show 2016, unveiling an elite project occupying one of the last truly sizable plots of land on the island that stretches from the mountainside to an extensive beachfront site.

MontAzure is a joint venture of three of the most prestigious property and hotel investment groups in Asia – ARCH Capital Management (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.

The development, which covers 73 hectares (180 acres, 454 rai) and is valued at over SGD500 million (THB15 billion), includes Twinpalms, one of Thailand’s most celebrated independent luxury resort brands, and the InterContinental Hotel Group (IHG) who will open the InterContinental Phuket Resort in 2019.

The first phase is the Twinpalms Residences MontAzure that occupies 100 metres of absolute beach frontage. It will be operated and managed by Twinpalms when it is completed offering one and two-bedroom units with penthouses having access to a private roof top and pool with prices ranging from SGD400,000 to SGD3.6 million.

Twinpalms Residences MontAzure consists of 75 upscale branded beachfront condominiums designed by Martin Palleros of Tierra Design which will be completed in 2018. Pre-sales have been brisk with over 37% of the units sold supported by the recent opening of the Sales Gallery and Show Suite.

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. Facilities include a residents' lobby, beach front restaurant and bar, gym/yoga studio, pool bar, spa pavilions, library and lounge, outdoor event spaces and on-site management office.

Other key components of a project located in Phuket’s most upscale quarter, which boasts Andara and Amanpuri amongst its neighbours, includes 13 ultra-luxury private hillside estate villas called The Estates at MontAzure, with interiors designed by the legendary Jaya Ibrahim and architecture by Lek Bunnag. A future hillside development, an international beach club, a wellness centre, retail space and a 32 hectare (40 acres, 200 rai) nature reserve of primary rainforest completes the project.

MontAzure’s Managing Director, Roland Bleszynski, said: “We are very pleased to launch MontAzure at the Singapore Yacht Show. The participants here understand the quality of our partners and the reassurance that brings and appreciate that Phuket offers sophisticated marine support infrastructure and the most stunning cruising grounds in Asia.”

“Phuket has very strong fundamentals. The tourism industry will continue to boom, the infrastructure is well-planned with a new international aviation terminal opening in June and we have secured a prime beachfront site on Phuket’s sought after mid-west coast with superb potential for property and hospitality development.”

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 three or four-bedroom units.
Ownership: Foreign freehold available based on Thai Condominium Act
Prices: SGD 400,000 to 3.6 million
Site Area: 3.7 acres (15,000 sqm/161,000 sq.ft./9.38 rai)
Architect: Tierra Design
Facilities: Residents' Lobby, Beach Signature Restaurant and Room Service, Pool Bar, Gym/Yoga Studio, Spa Pavilions, Library and Lounge, Outdoor event spaces, On-site Management office
Management: To be operated Twinpalms Management
Developer: MontAzure is a joint venture of three of the most prestigious property and hotel investment groups in Asia – ARCH Capital Management (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.

For further information and high-resolution photography, please contact:

Henri Young
Director of Marketing
MontAzure Phuket
E-mail: henri@montazure.com
Website: www.montazure.com

David Johnson
Managing Director
Delivering Asia Communications
Tel: +66(0) 2246 1159
E-mail: dj@deliveringasia.com
Website: www.deliveringcommunications.com