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EIA approval spurs sales at Twinpalms Residences Montazure

EIA approval spurs sales at Twinpalms Residences Montazure

PHUKET: The developers of Twinpalms Residences MontAzure have reported a surge in sales, reaching 29% of the freehold project, following the project receiving its Environmental Impact Assessment (EIA) approval last month.

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By The Phuket News

Tuesday 1 March 2016 10:35 AM


 

A total of 22 of the 75 units have been sold in the pre-launch, pre-construction period, with the soft launch of the sales gallery opening later this month and construction starting after the tourist high season in the second quarter of this year, reported MontAzure Managing Director, Roland Bleszynski.

“We are very pleased by the response of the market. It is testament to the dedication of the team, and a well thought-through project that we designed specifically to address different market demographics,” Mr Bleszynski, said.

Twinpalms Residences MontAzure, with foreign freehold units available through the Thai Condominium Act, is a collaboration of independent luxury resort brand Twinpalms and the megaproject MontAzure, which covers 454 rai from the hills of Kamala to the beachfront, valued at B15 billion.

“The Twinpalms brand offers a quality hallmark and reassurance for buyers who have followed their success story over the past decade,” Mr Bleszynski said.

“The project is low-rise and low-density, maximizing views, breezes and materials to blend in with the environment. It is designed by Tierra Design, who created the MontAzure masterplan as well as a number of Twinpalms’ projects, so there are strong synergies and consistencies.

“We are delighted to receive our EIA and sales have followed rapidly since then. We have a vision for a deeply sustainable exclusive mixed-use community project that is in tune with the environment and the destination. We are pleased that this has been acknowledged and approved by the authorities.”

The 75 upscale branded beachfront condominiums comprise the first phase of a project which also includes 13 ultra-luxury private hillside estate villas called The Estates, an international branded five-star hotel, four beach clubs, a medical and wellness centre, retail and a 200 rai nature reserve of primary rainforest.

Twinpalms Residences MontAzure occupies 100 metres of beach frontage and is situated between Millionaire’s Mile and the Amanpuri headland. It will be operated and managed by Twinpalms when it is completed in 2018. The project offers one and two-bedroom units with penthouses having access to a private roof top and pool with prices ranging from B8 million to B93 million.

Twinpalms Residences MontAzure officially launched to the public with an event at EmQuartier, Bangkok, on February 25-28.