MontAzure Logo
a
M

Close

Connect 

118/17 MOO 3 KAMALA KATHU, PHUKET 83150 THAILAND

Email: sales@montazure.com
Phone: +66 93 624 8800

Why Invest in a Mixed-Use Property

Why Invest in a Mixed-Use Property

Mixed-use properties: why they are good investments?

Mixed-use properties are among the most attractive investments in the real estate sector today. By combining residential units and commercial services in the same complex, owners can benefit from having everything they need, right on their doorstep.

These extensive facilities – whether they are focused on retail, business or leisure – will usually be able to attract a suitable tenant. Likewise, mixed-use developments are also a great option for investors who want to create a new lifestyle for themselves. If the project is well-planned, strategically located and targeted at a specific market, residents will benefit from being part of a community of like-minded individuals who share their vision and values. So whether you’re seeking a fresh start, a profitable investment, or both, mixed-use developments are a great option.

What’s more, these large-scale projects are often overseen by some of the brightest minds in the industry. Leading architecture and design studios are increasingly trying to outdo each other with the quality of their projects, creating wonderfully innovative projects. Many new developments are also being built in an eco-friendly manner, including highly efficient concepts that reduce the cost of energy bills and create a more pleasant environment for residents.

What is a mixed-use property?

As opposed to single-use properties, like standalone condo buildings, office blocks or shopping centres, mixed-use properties incorporate a range of accommodation and auxiliary amenities in the same complex, often tailored to a certain type of tenant or resident. Some may be focused around the corporate sector, some may have a strong retail element, and others may be dedicated to retirees with healthcare and concierge services. MontAzure for example, features a collection of private luxury estates, waterfront apartments, upscale leisure facilities and more, spread across 72 hectares of mountain to beachfront land on Phuket’s west coast, which makes it ideal for well-heeled residents seeking a new life in paradise.

Reasons to invest in mixed-use property

Mixed-use developments are a great way to reduce the risk of an investment. Because they have been built in a way that combines support services and facilities, investors know their residence will have a long-term appeal. These areas often become vibrant communities where guests can mingle with fellow residents and access a full range of facilities. And in many cases they are well connected by transport links, which further enhance the investment potential and raise rental demand.

Finally, residents and investors in mixed-use developments can benefit from professional property management services, which ensures that the quality and value of the development is maintained in the long term. For example, MGallery Residences MontAzure Lakeside is supported by Accor, one of the world’s largest and most prestigious hotel groups, ensuring exceptional service for all residents.

Mixed-use development trends

There is no doubt that mixed-use developments are becoming more popular in Thailand, and across the world. For developers, combining multiple elements reduces (or at least spreads) the risk of their project, while also enhancing their ability to attract tenants. Increasingly, we are seeing new projects targeted at specific sectors of the market, such as elderly guests or high-end residents, with customised services to suit. In Thailand it is also becoming common to see mixed-use developments rising near major transport links, such as expressways and mass rapid transport stations.

MontAzure: the “Best Mixed-Used Development in Thailand”

MontAzure is a great example of how mixed-use developments, when done right, can elevate a destination and enhance the lives of residents and investors. Created by three of the most prestigious property and hotel investment groups in Asia – The Narai Group (Thailand), Arch Capital (Hong Kong) and Philean Capital (Singapore), part of Pontiac Land Group – it has already received a series of prestigious industry honours, including “Best Mixed-Use Development (Thailand)” at the PropertyGuru Asia Property Awards.

Nestled on Phuket’s highly desirable sunset coast, this expansive complex is home to a series of international hospitality and leisure brands, including MGallery Residence MontAzure Lakeside, Twinpalms Residences MontAzure, InterContinental Phuket Resort and Cafe Del Mar, which are transforming Kamala Bay and the entire island.

For more information about MGallery Residence MontAzure Lakeside, please visit montazure.com/mgallery-residences/, or to discover Twinpalms Residences MontAzure, please head to montazure.com/twinpalms-residences/

MontAzure view

MontAzure partners Accor to bring the first MGallery Residences to Thailand

MontAzure partners Accor to bring the first MGallery Residences to Thailand

Introducing world-renowned hotel brand on Phuket’s stunning sunset coast

PHUKET, THAILAND — MontAzure has revealed the latest phase of its development, MontAzure Lakeside, which will become the first MGallery Residences in Thailand, situated on Phuket’s Kamala Beach. Managed by Accor, MontAzure Lakeside will offer a unique living opportunity in which residents can benefit from a range of hotel amenities and services.

The “M” in MGallery stands for “memorable” and “magical” experiences, as every resident journey is a voyage of discovery from bustling streets, historic neighbourhoods to far-flung spots deep in nature.

Nestled between the mountains and sea on Phuket’s west coast, MGallery Residences MontAzure Lakeside features a stylish, low-density residential resort community with lush greenery and waters. The residences will boast 16,000 sqm of gardens and lakes with elegant water features cascading through its grounds.
Featuring contemporary design and modern amenities, the 236 spacious studios and one-bedroom residences overlook panoramic views of the lake, mountain and sea. Purchasers also have the option of combining units to create larger spaces. All residents will enjoy premium services and additional privileges from Accor including VIP offerings across its global collection of hotels and resorts.

Outdoor facilities include a relaxation pavilion, jogging track, yoga platform and nature trail. Families with small children can enjoy leisure facilities that include a fun club, a lap pool and a free-form pool with a kid’s pool. The residences also boast an all-day dining restaurant, pool bar, fitness centre and clubhouse. Purchasers will benefit from a unique private ownership opportunity with their resort home integrated into a vibrant MGallery Hotel.

“With our lifestyle-led architecture, luxurious amenities and perfect position on pristine Phuket’s west coast, MontAzure Lakeside is a compelling proposition,” commented Setthaphol Boottho, Executive Director of MontAzure.

The landmark partnership will enable residents to participate in a rental program managed by Accor, on behalf of MontAzure, in which they can earn income and benefit from Accor’s global distribution abilities.

MontAzure covers 72 hectares of mountain to beachfront land on Phuket’s sunset coast, including private luxury estates, waterfront apartments, retail malls and wellness offerings. The group was awarded Best Mixed-Use Development (Thailand) at the 2017 Asia Property Awards.

“MontAzure Lakeside presents the perfect opportunity to introduce the first MGallery Residences brand to Thailand. MGallery Residences tells a unique story inspired by the destination. MontAzure will create an exclusive experience that exudes charm, charisma and a profoundly local character that raises the quality of residential living in Phuket,” added Patrick Basset, Chief Operating Officer of Accor for Upper Southeast & Northeast Asia and the Maldives.

Accor is a global leader in branded residences – developing and operating a stunning portfolio of private villas, apartments and chalets under leading premium and luxury brands including Raffles, Fairmont, Sofitel, MGallery and Banyan Tree, as well as lifestyle branded residential collections under Delano, SO/, SLS, Mondrian and Hyde.

MGallery Residences becomes the latest luxury hospitality brand to join MontAzure, following Cafe del Mar, Twinpalms Residences MontAzure and InterContinental Phuket Resort, which is scheduled to open later this year. Residents of MGallery Residences will benefit from access to a range of services such as complimentary transport to the nearby beach and a residence concierge.

Residents are eligible for participation in the Accor Ownership Benefits Program, which provides VIP status and recognition on a global basis – including Platinum status in Le Club AccorHotels, a VIP reservation desk, automatic upgrades on arrival and 20 percent off the best-available-rate at more than 4,800 hotels and resorts worldwide.

Prices at MGallery Residences, MontAzure Lakeside start from THB 6.9 million with a freehold ownership and rental programme. For more information, please visit MGallery Residences MontAzure Lakeside, email sales@montazure.com or call +66 93 624 8800.

MontAzure Phuket Wins Trio Of Prestigious Titles At The Property Guru Thailand Property Awards 2019

MontAzure Phuket Wins Trio Of Prestigious Titles At The Property Guru Thailand Property Awards 2019

PHUKET, THAILAND — MontAzure, the spectacular lifestyle destination on Phuket’s Kamala Beach, is celebrating after one of its stunning projects won three prestigious honours at the PropertyGuru Thailand Property Awards 2019.

MGallery Residences, MontAzure Lakeside which launched earlier this year in Phuket to become Accor’s first MGallery Residences in Thailand, won a trio of top titles in the annual awards, including “Best Hotel Residence”, “Best Condo Architectural Design (Resort)” and “Best Condo Landscape Architectural Design (Resort)”. It was also highly commended in the “Best Condo Development (Phuket)” category.

 

These awards were presented to MontAzure at an exclusive ceremony and gala dinner in Bangkok on Friday 9th August 2019, which gathered the best and brightest of Thailand’s real estate sector. The event was graced by Mom Ratchawongse Chatu Mongol Sonakul, Thailand’s Minister of Labour.

“We are delighted to have received these three important accolades from the PropertyGuru Thailand Property Awards, which are a benchmark of excellence in our highly competitive industry. The kingdom’s real estate sector is booming, with many innovative new projects rising all across Thailand. To have been named as the winner in three separate categories is a great achievement and a wonderful reflection of the quality of MGallery Residences, MontAzure Lakeside,” commented Setthaphol Boottho, Executive Director of MontAzure.

Nestled between the mountains and the sea at Kamala Beach, on Phuket’s pristine west coast, MGallery Residences, MontAzure Lakeside is a stylish, low-density residential resort community that blends seamlessly into a landscape of lush gardens and glistening lakes.

The “Best Hotel Residence” title shows the sheer quality of the project, which features 236 spacious studios and one-bedroom residences with panoramic views of the lakes, mountains and Andaman Sea, plus a wide range of hotel-style facilities, including swimming pools, a restaurant, pool bar, fitness centre and clubhouse. Investors also have the option of combining units to create larger spaces.

The “Best Condo Architectural Design (Resort)” accolade demonstrates how the developers worked with a team of world-class planners, architects and designers to create a project that is not only cutting-edge and contemporary, but also sensitive to its surroundings. This is also reflected by the “Best Condo Landscape Architectural Design (Resort)” title, which was awarded for the “back to nature” theme that flows through the estate, including green decks, stargazing platforms, jogging tracks and nature trails, allowing guests to immerse themselves in nature.

MontAzure Lakeside was conceived by SODA (Thailand), the award-winning Bangkok-based architecture and design studio, whose aim was to create a unique destination that merges seamlessly with the environment. It also partnered with SHMA, the Thai landscape design team, which integrated elegant water features that cascade through the hillside topography and enhance the architecture.

MGallery Residences, MontAzure Lakeside forms part of the landmark MontAzure development, which covers 72 hectares of mountain to beachfront land on Phuket’s sunset coast at Kamala Bay, including private luxury estates, waterfront apartments, upscale hospitality, retail and wellness offerings, as well as a choice of sophisticated beach facilities. It has already received a series of industry honours, including “Best Mixed-Use Development (Thailand)” at the PropertyGuru Asia Property Awards.

Presented by Hitachi Elevator, the 14th annual PropertyGuru Thailand Property Awards are the kingdom’s most respected real estate industry honours. This national event forms part of the regional PropertyGuru Asia Property Awards programme, which was established in 2005 and is considered the gold standard of real estate.

MontAzure was created by subsidiaries of three of the most prestigious property and hotel investment groups in Asia: The Narai Group (Thailand), Arch Capital (Hong Kong) and Philean Capital (Singapore), part of Pontiac Land Group.

Environmental Initiatives

Since the project launched three years ago, MontAzure has initiated and supported a number of green initiatives and activities in the Kamala beach area. The Phuket team participates in monthly beach cleaning events organised by Kamala Green Club and contributes funds and ideas to the clubs annual program of environmental campaigns.

In partnership with a number of suppliers, including Sangfah Construction & Engineering, Naxan Lifestyle Products, Resysta Wood and Trim & Sander interiors, MontAzure led a project to design, build and install rubbish bins along the Kamala beachfront. Kamala Green Club is presenting the idea to the island authorities as a pilot project for island-wide installation of beach bins supported by scheduled rubbish collection.