TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Hotel And Residential Spotlight On Bintan

Category: Hotels, Posted:29 Dec 2015 | 06:00 am

C9 Hotelworks and Horwath HTL have released the Bintan Hotel and Branded Residences 2015 report. More projects are coming in the Bintan residential pipeline which have been influenced  by the surging tourism market.

Bintan’s residential market has been substantially supported by the growth of tourism. In recent years, the range of residential products has expanded to meet the evolving demand of this market. The trend  has moved to high-standard residential products affiliated with an international hotel operator. The key success of the leading projects on the Island is to provide a combination of good architecture and interior design as well as a strong value-for-money proposition.

Pool villas and condominium/apartment units are sold on a residential basis as a lifestyle product particularly suitable for weekend getaways. However, the market tends toward to an investment product by offering guaranteed returns in the initial years as well as complimentary stays.

For the incoming supply, Tasweek Real Estate Development and Marketing has a plan for a massive mixed-use development which is composed of a 250-key hotel, six condominium towers with a total of 840 units and 34 villas on a 26-hectare land plot. For the demand perspective, Singapore primarily remains the top target market for the residential market. Looking ahead, more regional buyers from Malaysia, Mainland China and Hong Kong become attracted to Bintan.

Due to proximity to Singapore and the value proposition of residential projects, the island’s residential market is growing. We expect that more niche residential products are also emerging elsewhere beside the integrated development on Treasure Bay and Lagoi Bay.

To download the full report, click:

http://www.c9hotelworks.com/downloads/bintan-hotel-branded-residences-2015-12.pdf 

Other News

Read more

Explorar Brand Spurs Expansion With Koh Samui and Koh Pha-ngan Acquisitions

Category: Hotels, Posted:19 Jun 2022 | 09:22 am Boutique hotel group Pavilion’s experience-focused spin-off Explorar Hotels and Resorts has expanded its growing footprint by acquiring a 125-key resort in Bophut, Koh Samui, and 75-key property in Koh Pha-ngan. Both resorts were previously owned and operated under ‘The Coast’ tagline. The two will be conversions and join an upcoming resort in El Nido, Palawan. […]
Read more

Thailand’s Traveler Restrictions Set to Roll Back 1st July

Category: Hotels|Tourism, Posted:18 Jun 2022 | 09:14 am The wait is over for Thailand’s battered hotel and tourism sectors, with an announcement by the government that the cumbersome Thailand Pass process will be removed by 1st July. Travelers to the Kingdom will no longer be subjected to the online application and approval process. Another restriction for tourists is the Covid-19 USD10,000 insurance requirement, […]
Read more

Thai Group CPN Investing Into 37 New Hotels

Category: Hotels, Posted:12 Jun 2022 | 15:46 pm Thailand’s listed CPN Group (Central Pattana PCL) is set to inject USD288 million into 37 new hotels across Thailand. CPN’s reported strategy is to include hotel components in every new mixed-use retail project across the country. The investment is being targeted into three tiers of hotel assets. The first is a new budget chain Go!. […]
SiaJai logo

Thailand's Leading Homecare Marketplace