Archcapital (Hong Kong & Shanghai) Unveiled As Chinese Partner Of Montazure, Phuket At Smart Expo Shanghai
ArchCapital (Hong Kong & Shanghai) has been announced as the Chinese partner of MontAzure, the visionary Phuket resort and residential development taking shape on the last big absolute beachfront location on Phuket, ranging over an entire mountainside and valley at prestigious Kamala Beach.
The first phase of the development is The Residences at MontAzure, a unique beachfront condominium and beach club project, premiered to investors at the recent SMART Investment & International Property Expo 2015 Shanghai.
Three of the region’s top blue chip hospitality and property investors are involved in the project. The other two partners are Narai Group (Thailand) and Philean Capital (Singapore), part of Pontiac Land Group – who have teamed up to launch what will be Asia’s most exceptional residential resort development.
ArchCapital, which has offices in Shanghai and Hong Kong, invests significant capital in China, with prestigious projects throughout the country as well as developments across Asia, spanning Hong Kong, Macau, Singapore, Bangkok, and Phuket.
MontAzure’s Managing Director, Roland Bleszynski said: “We are offering a very exclusive, cultured and original resort project for Phuket and we were delighted to work with ArchCapital (Hong Kong & Shanghai) and offer a high level of confidence to Chinese buyers.
Shadow play: Phuket’s fabled sunsets and long shadows are used to dramatic effect in a series of subtle reveals each day as the sun makes its journey to the horizon, bathing these distinctive residences in golden light and dappled shade.
“The track record of the development team speaks for itself and the project offers a lifestyle choice and very strong investment opportunity that is truly outstanding with long and short term returns for buyers.”
Martin Palleros, the master planning maestro who marries architecture to landscape seamlessly as a result of extensive experience in both disciplines is the designer of The Residences at MontAzure – 75 contemporary tropical beachfront residences located in Phuket’s most prestigious west coast address on Kamala beach.
Palleros has already left his stamp on Phuket’s award-winning Twin Palms resort and residences and Baan Yamu, as well as The Chedi, Chiang Mai, Aman New Delhi, and The Metropolitan Bangkok, as well as being sought out to create the most lavish private residences of movers and shakers from Singapore to Thailand to Australia.
Also premiered at the event was The Estates at MontAzure, 13 ultra-exclusive and exquisitely refined hillside villas designed by legendary interior designer, the late Jaya Ibrahim, and the father of Thai contemporary architecture, Lek ‘Mathar’ Bunnag.
The Residences and The Estates at MontAzure represent the first phase in the unique, master-planned MontAzure community, close to Phuket’s famed ‘Millionaire’s Mile’ and the ultra-luxury Amanpuri and Andara resorts.
MontAzure is a mixed-use resort residential development stretching over 454 rai (73 hectares, or 180 acres) — an ambitious vision of sweeping scope that stretches from mountaintop to oceanside on Phuket’s sought-after central West Coast, offering a stunning 350m beach frontage and sumptuous villas nestled in amongst lush, first-growth rainforest.
Grand scale: The vast and sweeping vision of MontAzure is echoed in the wide open spaces of Lek Bunnag’s restrained yet beautiful villa design, and complemented by the last masterpiece of the undisputed master of inner space, Jaya.
The Residences at MontAzure offers buyers a rare opportunity to own a condominium located on one of the Phuket’s best beaches, with access to their own private beach club as well as an internationally branded beach club and access to the almost unending list of facilities and amenities that will comprise the completed MontAzure.
The Residences at MontAzure features a range of one- and two-bedroom units, with unique penthouses that include private rooftop pools and gardens in a low density, low rise and intelligently designed series of Condominiums, ranging from entry level units from THB8 million (RMB1.5 million, USD250,000) to stunning penthouses for THB93 million (RMB17.1 million, USD2.5 million).
Flexibility has been designed into The Residences at Montazure, with an option to combine unit types to create a three-bedroom unit with private rooftop and pool. The one-bedroom unit sizes range from 70 to 250 sqm (750 to 2,690 sqft). For two bedroom units, the sizes range from 154 to 400 sqm (1,700 to 4,300 sqft).
New perspective: The ultimate beachfront lifestyle awaits residents and owners of The Residences at MontAzure, wrapped in the cool linear symmetry of Martin Palleros’ design
The full vision for the MontAzure development includes an international hotel, upscale beach facilities, a lifestyle and retail centre, medical wellness spa and protected forest nature reserve, all underpinned by a finely honed ecological sensitivity and a commitment to art.
Facilities include residents’ lobby, beach club café and bar, gym/yoga studio, spa pavilions, library and lounge, outdoor event spaces and on-site management office. The project will be operated as a serviced residence/boutique hotel by a global hospitality/estate management brand.
Construction will take 24 months from breaking ground, which is planned for Q4 2015. Completion is scheduled for the end of 2017.
Up on the roof: On a clear day, you can see all the way to the future – so bright, future investors in The Residences at MontAzure will have to wear shades.
Fit-out will be the highest international standard with a minimum warranty of five years. These items will complement the modern tropical design of the development and will be carefully chosen to suit the location, and accounting that many units may be occupied on a short-term basis.
The Residences at MontAzure are sold as registered condominiums under the Condominium Act of Thailand. As such, 49% of the sellable space is offered to foreign buyers with a foreign freehold title with the remaining 51% offered either as Thai freehold or foreign leasehold titles.
The developer covers all transfer taxes and fees for the leasehold title. For freehold 1% of Land Department Assessment Value is charged to the buyer while all other fees or taxes are covered by the developer.