05/04/2012
Press release April 2012.
Branded Residences Take Off in Samui...
Thailand (5th April 2012) - While other markets have seen the rapid emergence of branded residences as a fresh growth segment, Samui has been a bit slower to react but that has all changed with the sale of one of the most exclusive villas on the island.
Minor Property Group, which boasts The Estates Samui as part of its uber-luxury portfolio, has announced the sale of one of its most prestigious properties at its collection of 14 spacious villas adjacent to the Four Seasons Resort in Koh Samui.
Nestled amongst the lush secluded hillside of stunning Laem Yai Bay on the Northwestern tip of the paradise island The Estates, Samui is a property development bringing new meaning to luxurious living.
One of the best appointed villas is Estate Tawan, a two-bedroom property, which has just been sold to a Thai national for an undisclosed price.
This Bill Bensley-designed masterpiece is crafted from the finest tropical hardwoods to exacting specifications and reflects a harmonious blend of traditional Southern Thai way with modern luxury and style.
James Knowles, Vice President of Residential Property, says that this acquisition is another example of Samui continuing to raise its profile to a different level in the property market and believes that the island will see a greater number of premium sales in the near future.
"Koh Samui has a growing range of properties in the premium niche sector that are considered excellent value for money, especially when benchmarked with other leading international resort destinations. Many of our existing customers are looking at Koh Samui as the next place to invest into and to own a second home" he said."As Koh Samui develops its luxury sector, investors are increasingly aware that buying real estate in the path of development progress has always been the way to make strong financial returns while at the same time enjoying the ultimate hotel-serviced home."
Minor Property Group is a leader in developing branded residences in Thailand. It developed the Residences at St Regis Hotel which is a 53 unit private development sitting directly above the recently opened St Regis Hotel, that has attracted investors from both Thailand and beyond. On top of this, the group has one of the most awarded property developments in Asia - The Residences at Four Seasons Chiang Mai.
"Branded residences offer so much more value, benefits and versatility. With prime properties in three of Thailand's most exotic locations we believe we can only see even further interest in this segment in the future," said Knowl
All of the villas at The Estates, Samui, feature spacious living/dining area connecting to large pool deck via sliding glass doors, are exquisitely appointed with handpicked materials; resulting in unparalleled quality and charm.
Residents can enjoy unrestricted access to an extensive suite of amenities, including fully-equipped fitness centre, tennis courts, library and reading room, water sport activities, a world-class spa and some of the best beachside dining options in Thailand.
Discriminating residents will also luxuriate in a world of five-star services from the adjacent Four Seasons Resort Koh Samui - renowned for delivering the highest standards of personalized service - including all-day room service, bell attendant service, 24-hour telephone operator, cable television, 24-hour security and housekeeping.
About St. Regis Hotels & Resorts
Combining classic sophistication and modern luxury, the St. Regis brand remains faithful to its commitment to excellence. Founded by John Jacob Astor IV, with the opening of the first St. Regis Hotel in New York City over a century ago, the St. Regis brand of hotels and residences is known for its unique luxury dimension, customized service and refined elegance in the best destinations worldwide. Plans for the brand to globally continue its legacy include long-awaited St. Regis hotels and resorts in Buenos Aires and the Riviera Maya. In Asia, St. Regis has also announced plans to open hotels in Changsha, Chengdu, Kuala Lumpur, Lijiang, New Delhi and Zhuhai. In Europe, Africa and the Middle East, the St. Regis brand will continue to expand in Abu Dhabi, Amman, Cairo, Doha and Mauritius. The distinctive trait of the St. Regis experience is customized service and attention to detail through signature St. Regis Butler Service, coveted locations and luxurious design. For more information on St. Regis Hotels & Resorts, please visit www.stregis.com and for the privilege of residential ownership, please visit www.stregis.com/residences.
About Minor International PCL
Minor International PCL is one of Thailand’s largest hospitality and leisure companies, with a portfolio of 32 hotels operating in eight countries under the Anantara, Marriott, Four Seasons, Elewana and Minor International brands in Thailand, the Maldives, Vietnam, Africa, the Middle East, Sri Lanka and Indonesia. The company is also one of the leading spa operators in Asia Pacific with over 30 spas under Mandara, Anantara brands. A member of the Stock Exchange of Thailand blue chip SET 50 Index, Minor is also recognized by Asia Money magazine as Thailand’s Best Managed Medium Cap Company for financial and business performance, management strategy and vision, and shareholder value creation.
About Starwood Hotels & Resorts Worldwide, Inc.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 1090 properties in 100 countries and territories with 154,000 employees at its owned and managed properties. Starwood Hotels is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton, Aloft®, and Element SM. The company boasts one of the industry’s leading loyalty programs, Starwood Preferred Guest (SPG), allowing members to earn and redeem points for room stays, room upgrades and flights, with no blackout dates. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwoodhotels.com.
St. Regis Hotels and Resorts - 5 Star luxury hotels. Award-winning hotels and resorts around the world. St. Regis hotels offer personalized service exceeding your every expectation. Book at the official site for best rates, special offers and exclusive deals - StRegis.com.
