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MontAzure Phuket secures investments worth THB200 million at Bangkok sales event, including prestigious penthouse

August 30, 2019 Visit Thailand / Mekong No Comments Email Email

MontAzure, the spectacular lifestyle destination on Phuket’s Kamala Beach, has concluded a highly successful sales mission in Bangkok, during which it secured investments worth THB200 million (approx. US$6.5 million) in its two new residential developments: Twinpalms Residences MontAzure and MGallery Residences, MontAzure Lakeside.

The event, which was held at The Emporium lifestyle mall in downtown Bangkok, in partnership with CBRE Thailand, attracted hundreds of potential investors. This level of interest and the value of commitments shows the strength of Phuket’s luxury property market and the quality of MontAzure’s projects, which continue to redefine the real estate and hospitality landscape in Phuket.

MGallery Residences, MontAzure Lakeside, which launched earlier this year, features 236 spacious studios and one-bedroom residences with panoramic views of the lake, mountains and sea. Investors have the option of combining units to create larger spaces, and will be able to access a wide range of hotel-style facilities managed by MGallery, AccorHotels’ collection of high-end boutique hotels, including swimming pools, a restaurant, pool bar, fitness centre and clubhouse, all surrounded by lush gardens, glistening lakes, jogging tracks and nature trails.

This prestigious development was viewed as a particularly good investment opportunity, especially since it has the backing of the world-renowned Accor brand. The Bangkok event also allowed MontAzure to show off its trio of titles at the recent PropertyGuru Thailand Property Awards, where MGallery Residences, MontAzure Lakeside was named as the “Best Hotel Residence”, “Best Condo Architectural Design (Resort)” and “Best Condo Landscape Architectural Design (Resort)”.

Twinpalms Residences MontAzure, which officially opened this summer, is a brand new luxury boutique retreat  overlooking the azure Andaman Sea. Nestled directly on the sandy shore, it features 75 spacious suites and penthouses, all surrounded by tropical gardens, pools and world-class services, including multiple restaurants and bars, creating a blissful beachfront vibe. Featuring one or two bedrooms, contemporary living and dining areas, fully-fitted kitchens, private balconies and an array of modern amenities, including private pools in many of the units, these residences present a compelling proposition for potential investors.

Several units at Twinpalms Residences MontAzure were sold during the Bangkok sales event, which demonstrates the enduring appeal of Phuket’s highly desirable west coast. These included a striking two-bedroom penthouse, which is valued at THB75 million and features a spectacular sea-facing rooftop terrace and expansive private pool.

“We are delighted with the response to our sales event in Bangkok. To have achieved THB200 million worth of commitments is a wonderful reflection of the quality of our developments, the strength of our partners’ brands, and the buoyancy of Phuket’s real estate sector. We look forward to introducing even more residents to their new luxurious new lifestyles with MontAzure in the coming months,” commented Setthaphol Boottho, Executive Director of MontAzure.

Twinpalms Residences MontAzure and MGallery Residences, MontAzure Lakeside form part of the landmark MontAzure development, which covers 72 hectares of mountain to beachfront land on Phuket’s sunset coast at Kamala Bay, comprising private luxury estates, waterfront apartments, upscale hospitality and retail and wellness offerings, including InterContinental Phuket Resort, Café del Mar, HQ Beach Lounge, Shimmer Beach restaurant and more. It has already received a series of awards, including “Best Mixed-Use Development (Thailand)” at the PropertyGuru Asia Property Awards.

MontAzure was created by subsidiaries of three of the most prestigious real estate groups in Asia: The Narai Group (Thailand), Arch Capital (Hong Kong) and Philean Capital (Singapore), part of Pontiac Land Group. For more information and to discover your new luxury lifestyle on Phuket’s sunset coast, please visit www.montazure.com.

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