Tag Archives: luxury property

Aston Martin Residences is a Work of Art

Image: Aston Martin Residences

In partnership with the British automaker for Aston Martin Residences in Miami, Aston Martin has unveiled its first Aston Martin Triplex Penthouse, “Unique”. Ahead of the physical art gallery opening on the 52nd floor, an exclusive leather-bound book has been created to commemorate the special occasion. Inside the 80-page coffee table-style compendium, illustrations of the building can be found and created by globally renowned artists-in-residence.

While a virtual launch was done in 2021 with British artist and acclaimed photographer Julian Lennon, who presented images from his collection, the limited-edition book serves as a memento and collector’s item. Presented on a bespoke lectern designed by the British marquee, it resembles the shape of the Aston Martin Residences and together both form a unique sculptural piece.

Image: Aston Martin Residences

The book contains paintings, sculptures, music and poetry inspired by the building it pays homage to. Some artists featured include Peter McLennan, Aaron Schwartz, Fabio Mesa, Robi Walters and Michele Utley. These creatives each shared their interpretations of what the building would be when they saw the renders.

For example, in imagining how the triplex’s upper terrace and private pool would look, artist Fabio Mesa envisioned the space to be filled with bursts of blue, white, yellow and orange. Together these colours create an epic ocean view with the sun setting on the horizon as the backdrop. He illustrated his vision through oil and acrylic on canvas.

Artistic impression by Fabio Mesa. Image: Aston Martin Residences

Similarly, automotive photographer Rafael Delceggio’s vision of the luxurious triplex penthouse is one that has uncompromising design features and drives his point using a rare Aston Martin Vulcan.

Apart from just pleasing the eyes, the book also appeals to the ears as an original piece of orchestral music is played upon scanning the QR code. The stirring symphony takes inspiration from the magnificent views from the Unique Penthouse.

Germán Coto, CEO of G&G Business Developments, spoke more about the book: “Art is intrinsically linked with the Aston Martin Residences. Our owners will be able to immerse themselves in an ever-changing canvas of contemporary artwork in the gallery on the 52nd floor. The art book we’ve created contains exclusive images. It’s a permanent record inspired by the UNIQUE penthouse, and we expect it to be an object of desire for those who appreciate the unrepeatable.”

Image: Aston Martin Residences

Marek Reichman, EVP and Chief Creative Officer of Aston Martin Lagonda, said: “The creation of art is one of the most important things on the planet, and at Aston Martin, we articulate the soul of our brand through art and beauty. It’s evident in everything we design, from the most beautiful sports cars to the most beautiful residences, so it’s wonderful to celebrate the UNIQUE penthouse with a new art book.”

Priced at US$59 million, the triplex penthouse has seven bedrooms, eight bathrooms, a wrap-around terrace on each floor, a private pool, gym, spa and custom-build garage. Access to this sanctuary is via a private elevator which travels to the top of the Aston Martin Residences building.

For more information about Aston Martin Residences Unique, click here.

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Dubai’s man of the moment, Michael Gelpke, CEO of luxury boutique real estate company Glam Properties

Having spent a decade in investment banking and several years running a hugely successful manufacturing firm, Michael Gelpke’s career has seen him work across the globe, including extended stints in Asia and Europe. While amassing his small fortune, Gelpke simultaneously built a high society network that even the world’s top promoters would be jealous of. Just one scan through his contact list and you’d see names from Middle Eastern royalty and global politicians to high society people, pro-golfers and A-list celebrities.

Three years ago, Gelpke moved to Dubai, keen to diversify some of his assets into property and quickly accumulated an extensive portfolio of some of the most luxurious real estate in the city. Now, as CEO of Glam Properties, Gelpke and his team of high-profile agents are selling these — among others — to key figureheads across the world…

Can you tell us a bit about your life and background?

It’s a pretty crazy story — I started in investment banking as a trader. I had a marvellous 10-year run and acquired incredible capital from that. But I knew that I had to start my own business to stay wealthy. Only the bosses make the big money, and I knew that. So, I teamed up with my current business partner, the remarkable — and stunning — Jennifer Urwyler, and together we launched a manufacturing company.

The first few years were brutal. We worked all hours with no holidays. After about three years it began to pay off. We turned it up a gear and now I’d say that we’re very successful, achieving an annual turnover of €120million.

After this adventure, we began to purchase real estate in Switzerland, before expanding to Dubai. That’s how Glam Properties came to be.

What prompted the move into real estate?

I saw the massive drive and appetite for this city. The government is making all the positive future steps to position Dubai as one of the best cities to live in.

Geographically it’s fantastic, too. I always needed a foot between Asia and Europe. Couple that with zero taxes (at present), and I genuinely can’t think of any city that comes close to how good we have it here.

Dubai’s luxury real estate market is booming right now. Why do you think that is?

Fewer positive alternative investment strategies are driving investors to safer shores. We have seen the equities market bruised, and continued volatility in the market makes it all the more challenging. Not to mention, the exchange rate is also seeing historical depreciation, and the overall political environment remains unstable and unpredictable. This is all driving demand in Dubai. The higher the uncertainty and instability in markets, the more Dubai profits from it as it positions itself as a stable and striving market.

Is now a good time to invest?

We’ve heard Dubai’s favourite real estate word — “bubble” —  too many times. Why does it have to be a bubble? With so much instability in the world, why wouldn’t more people come here? For me, living here fulfils the most important parameters in living quality. The rest of the world is getting a taste of this and I’ve no doubt that more people will come and see what a great city this is.

At Glam Properties, you have a curated selection of luxury properties for sale, but you also provide a number of other services. Could you explain those to us?

Apart from real estate services, we offer a full exclusive package to our clients from concierge to consultancy. We manage our own properties as well, so we have our own “skin in the game,” so to speak.

Glam Properties buys its properties first, which is highly unusual. That’s some huge capital backing you have…

Oh, absolutely. There’s huge advantages to that, too. We buy a lot of luxury villas and high-end apartments and many pre-launch. This means that we have fantastic relationships with real estate developers. We have the advantage of access, often seeing new properties before other real estate companies in Dubai.

What do you believe sets Glam Properties apart from other real estate companies in the region?

We’re boutique and small in comparison to the big fish in the market. But it’s a very tailored, luxurious service, where our clients are picked up in a Rolls-Royce. We want to remain small. I promised my agents that a strong team spirit will endure and that we’d always be able to sit down all together for dinner as opposed to becoming too impersonal where agents are just numbers.

There is no doubt that I have the finest real estate agents in the markets. These are not just young professionals who’ve flown to Dubai to make a quick buck. They’re not aggressive or willing to make a thousand calls a day. My agents are high-profile themselves, with a vast network that other real estate companies can only dream of. We’re talking about the pro-golfer market, politicians and royalty. And we prioritise transparency and high moral standards. We’re good people, not cowboys, who focus on quality not quantity. While other agents fight for fish in a pond full of sharks, we focus on external markets.

Are there any particular locations or neighbourhoods in Dubai that property investors should zone in on?

Generally the greener areas are the most sought after. Projects such as Al Barari, for example. That’s a personal favourite. It encompasses a perfect, luxurious community. I’ve flipped a lot of houses there. A lot of celebrities live there from TV personalities to footballers and CEOs. We’re also very interested in Al Barari’s new development on the World Islands. They’re building Dhs70 million homes. Personally, I don’t want to be living on an island — it’s too far away from the fun in DIFC — but we’ll present these options to high profile individuals, who’ll find these villas particularly tempting.

Let’s talk work/life balance. How do you relax and unwind in Dubai?

During the week, I’m an angel. I focus on fitness and keeping up with market news and shifts. On weekends, I spend my time in DIFC. My hotspots? GAIA, Amazonico and Raspoutine to name a few. But I also love to travel, particularly to more off-the-beaten-path destinations such as Vietnam or Cambodia. It helps counter balance the madness and consumerism in Dubai.

And finally, your dream home in Dubai. Where would you live?

While Al Barari is the top choice for wealthy families, for me I’m an apartment guy. What can I say, I’ve got a fetish for high ceilings. Plus, I like to be close to the action. I recently bought a Dhs11 million duplex in One Zabeel and should be moving in this January. It’s a fantastic modern apartment with a One&Only hotel and several new high-end restaurants inside. That’ll do for me for now…

This article first appeared on LUXUO.ae

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Celebrity Homes On The Market – Cher & Drake

Celebrity Homes On The Market – Cher & Drake

Cher’s abode in Manhattan’s Noho neighbourhood. Image: Douglas Friedman, Joe Bryant and Marc Angeles.

Cher’s Luxury Abode — Italian Inspiration

The Silk Building’s striking Italian Renaissance style is definitely alluring in New York. This spectacular 12-storey structure is located in Manhattan’s Noho neighbourhood, taking up an entire city block between Broadway and Lafayette streets. The stunning quadplex penthouse was once owned by Britney Spears and Cher! Now, it’s up in the market for US$6.9 million. The building was built in 1908 but many celebrity A-listers have taken to task the needful renovation work to make it modern and comfortable. Cher was the first owner of this penthouse and she lived there till 1990 and then sold it to Russell Simmons for US$1.6 million.

A cosy, luxe fireplace at Cher’s home. Image: Douglas Friedman, Joe Bryant and Marc Angeles

Next, it was bought by Britney Spears, a time when she wrote her Grammy-winning song “Toxic” and lived there for four years. Some of the penthouse’s highlight features include a 400-square-foot outdoor terrace, a wet bar in the primary suite, and a fully operational wood fireplace. If you’re thinking of remodelling, the fifth bedroom could be added by repurposing the rooftop den with a bath that opens to the large terrace with enviable views over Greenwich Village and the Empire State Building.

Cher’s ultra-sophisticated kitchen. Image: Douglas Friedman, Joe Bryant and Marc Angeles

The beautiful kitchen is styled up immaculate with the best fixtures and furnishings. Living in Noho means one can bump into an array of celebrities who own apartments nearby. If you’re out for a stroll, it can also be a hotbed for filming action and photoshoots. The Silk Building’s rich history also reveals that it was leased by Tower Records on the first floor back in 1983. Keith Richards once lived in the building where he owned two floors which included his recording studio.

Drake’s Posh Pad — California Cool

Drake’s rapping chops have clearly made him a successful celebrity and entertainer. His rise in popularity has been meteoric and at such a young age, his investments, endorsements, and business partnerships raked in US$94 million between 2016 and 2017. Drake is now known to be a real estate investor.

Drake’s multi-level posh home. Image: Douglas Friedman, Joe Bryant and Marc Angeles.

Now he has set his eyes on Elementi — one of California’s most spectacular homes designed by Michael Chen. Elementi’s grandiose features are all about living life large. The home’s bridge entry to a large pivoting front door over water cascades down past a dining room which is suspended over a lower courtyard, and then flows into an atrium on the lower level.

Enviable views from the pool. Image: Douglas Friedman, Joe Bryant and Marc Angeles.

Offering 18,000 square feet of space, the home accommodates seven bedrooms and fourteen bathrooms. It includes a chef’s kitchen, butler’s pantry, and an atrium that opens from the root to the lower floor. The master suite cantilevers over a balcony and has two walls of glass to take in the enviable views. Complementing it are dual bathrooms clad in marble and one offering a skylight. The basement/ground floor is designed around entertainment.

Enjoy a jacuzzi dip at Drake’s pad. Image: Douglas Friedman, Joe Bryant and Marc Angeles

Its pièce de résistance is a 150-year-old olive tree imported from the Mediterranean flaunting gnarled majestic branches. Here you’ll also find a 2,000-bottle wine cellar, gymnasium, office, and a home theatre. The posh Trousdale Estate is where Elementi resides. It was developed in the 1950s and has been the crème de la crème for many of Hollywood’s famous past residents such as Elvis Presley, Simon Cowell, Katy Perry, and Jennifer Aniston, to name a few.

For more celebrity home reads here.  

Modscape’s Cliff House in Australia is the definition of living life on the edge

Australian architecture specialist, Modscape, is pushing boundaries with Cliff House, a remarkable luxury waterfront real estate concept with a connection to the ocean below

‘The unique positioning also gives the home’s residents an incredible connection to the ocean below, while alleviating construction problems associated with building on uneven rock.’

Modscape’s Cliff House in Australia is The Definition of Living Life on The Edge

Live life on the edge, they say. And Modscape’s Cliff House literally achieves that. Australian architecture specialists, Modscape Concept, has designed a thrilling five story vacation home that clings on a cliff’s edge over looking the south pacific ocean.

‘The unique positioning also gives the home’s residents an incredible connection to the ocean below, while alleviating construction problems associated with building on uneven rock.’ said Modscape Concept. Indeed, jutting from the top of the rock face like a strange extension of the rocks, Modscape’s Cliff House in Australia is a literal slice of luxury waterfront real estate with ‘an absolute connection with the ocean’.

Looks dangerous yet exciting, this extraordinary home overlooks the coast of Australia and it is definitely a luxurious view to wake up to. Many would question how this residential is built at one glance and engineered steel pins is the answer.

 

The 3-bedroom house would have just a single entrance and this would be via the carport, situated on the top floor of the property. The owners would get to each level of the home via an elevator, one of which would come with an en suite bathroom in the bedroom, a separate bathroom, dining room, lounge, kitchen, spa and an area for a BBQ.

Modscape takes its name from its signature modular design style, rooted in sustainability and speed. Modscape was challenged to rethink its typical modular design for Cliff House due to its remote location on the coast of Australia. Of course, the environmental conditions was considered. Leading architect Maxwell Hutchinson told the BBC the unconventional design was a feasible one despite the threat of coastal erosion.

It’s one epic real estate development but  unfortunately still a concept by Modscape. It is designed to be built from pre-fabricated modules stacked onto each other like Lego blocks and like barnacles clinging to the hulls of ships, the Modscape Cliff House is poetically analogous to the waterfront lifestyle.

This article was originally published on www.luxuo.com.

Who are the Crazy Rich Asians in properties?

One of PALACE magazine’s esteemed Luxury Expert columnist – Alexander Karolik-Shlaen – who has written for the magazine since 2009, has appeared in various regional and global media, TV, and is frequently sought to attend established business forums, writes about his personal experience with some crazy rich Asians in properties he has met and known in his career.

Luxury Expert columnist – Alexander Karolik-Shlaen

There are plenty of rich Asians in the business of luxury. Some are golf fanatics; some love watches and spend fortunes on their collections; others love big, fancy yachts or exorbitantly priced supercars. But all have one thing in common – the love of property! So, it’s hard not to subscribe to this pan-Asian “religion”. For affluent individuals, this “religion” is also their main source of fortune. For the ones who draw their billions, not from property, they still invest heavily in property, usually the trophy kind, and more likely a lion’s share of their income is going into property investment. Let’s look at the Forbes’ top richest Singaporeans. We will find a major part of them derive their fortune, and or are, engaged in property business. The same can be said about the super-rich folks in Malaysia. Observing the top-tier billionaires on the Singapore list. The richest of them all are Brothers Robert and Philip Ng that control the privately held Far East Organization, Singapore’s, and probably, the region’s largest private landlord and property developer. The group was founded by their father, who moved from China to Singapore in 1934 and came to be known as “The King of Orchard Road”.

Skyline Residences by Far East Organization

According to Forbes, they are worth USD 11.9 billion but we are certain there is some fortune unaccounted for when mentioning of such a gigantic, privately-held organisation. In no.4 slot with USD 7.6 billion is Kwek Leng Beng, the executive chairman of Singapore’s Hong Leong Group, founded by his father in 1941. Kwek is also executive chairman of City Developments, Singapore’s second-largest property developer.

Kwek’s companies are acquiring assets in the UK, China and Australia, and also owns a chain of hotels, as well as some of the fanciest hotels in Singapore such as St. Regis Hotel and Residences, W Hotels and JW Marriott that they also developed. For the Kwek family, it is an example to “dig” a bit deeper into the “branching of wealth” among super-rich Asians. Leng Beng’s cousin, Quek Leng Chan, also a billionaire, runs the Hong Leong Group’s Malaysian operations. The huge conglomerate split up in the 1980s, so Mr. Kwek Leng Beng became executive chairman of the Hong Leong Group in Singapore while Mr. Quek Leng Chan, son of Mr. Kwek Hong Lye, heads their business interests in Malaysia.

His son, Sherman is a group CEO of City Developments. Kwek Leng Joo, who was the younger brother of Leng Beng, passed away on 15 November 2015 from a heart attack. The deputy chairman and executive director of City Developments, himself a billionaire, was an outstanding photographer and philanthropist. A true intellectual and caring person. Conversations with him were always enlightening. Leng Joo always had a keen interest to hear other people’s opinions and he frequently asked my opinions and points of view on property markets of Singapore and the region.

At this juncture, the article reveals that there are a big number of family members of each so-called “official” listed billionaires that are not on the list, yet they are very rich, and their wealth is derived from properties. In fact, more than 15 family members control Hong Leong Group, a conglomerate with interests ranging from finance to property in both Malaysia and Singapore. Forbes estimates the family value at over USD 23 billion.

Goodwood Park Hotel owned by the Khoo family

In no. 5 spot, USD 6.7 billion are the Khoo family, who are the heirs of late banker Khoo Teck Puat, who invested in Standard Chartered Bank. The lion’s share of their fortune comes from the sale of their stake in Standard Chartered Bank for USD 4 billion in 2006. The Khoos also control the Goodwood Group of Hotels. Their property positions include the iconic and historic Goodwood Park Hotel in the famed Orchard Road vicinity. In the 6th spot with USD 6.5 billion is the Wee Family. The father for the current chairman of United Overseas Bank, which is one of three biggest banks in Singapore, co-founded the bank in 1935. While the third generation of Wees is running the bank and the sibling is on its board, the family’s property arm is a privately held Kheng Leong. Headed by one of Wees, Kheng Leong Co. (Pte.) Ltd. operates as a real estate investment and property development company. It builds residential developments and retail projects across the Asia Pacific region in locations such as Shanghai, Hong Kong and Sydney, as well as London and Los Angeles. The company was founded in 1949 and is based in Singapore with an additional office in Shanghai. This company also owns 45 apartments in The Nassim, an ultraluxury condo, acquired for USD 290 million.

In no.7 position with USD 5.4 billion is the Kwee Family. The four Kwee siblings control privately-held Pontiac Land, which owns several luxury hotels and iconic office towers across Singapore such as the Ritz-Carlton Singapore. The company was founded by their Indonesian father Henry Kwee, a textile trader and real estate developer, who migrated to Singapore in late 1950s. The Kwee brothers are building an 82-storey tower beside the Museum of Modern Art in New York, where apartments sell from USD 3 million to over USD 70 million. Last year, the brothers bought the Cappella Hotel group from legendary luxury hotelier Horst Schulze. The Kwees are building a resort complex in the Maldives and are partners in Mont Azure, a huge multipurpose project in one of the prime areas of Phuket. In no. 9 are the father-and-son pair, Raj Kumar and Kishin RK. They run the Royal Holdings/RB Capital which is one of Singapore’s leading landlords and property owners. The duo has been on a deal-making spree after a 2011 family settlement between Raj and his younger sibling Asok Kumar Hiranandani, who is also a billionaire.

Raj and Kishin own a few office buildings in prime locations: the 442-room Holiday Inn Express and the five-star Hotel Intercontinental at Robertson Quay, a riverside popular area. In society circles, the family is known to own the biggest fleet of Lamborghini cars, some 11 cars which cost no less than SGD 1 million each (USD 730K), because Singapore is the most expensive place on earth to own a car.

Raj Kumar and Kishin RK run the Royal Holdings/RB Capital which owns the five-star hotel Intercontinental at Robertson Quay.

The 10th richest Singaporean with USD 2.6 billion is hotel tycoon Choo Chong Ngen, who made his fortune in textiles before launching his Hotel 81 budget chain in Singapore’s red-light district. The chain expanded islandwide and is now fast expanding in the mid-tier market, where he introduced a few more new hotel brands. The number “81” refers to the unit number of his home at the time. His privately-held hotel empire, which daughter Carolyn has been helping him run since 2002, has more than 6,500 rooms across Singapore alone. Since 2017, he has expanded into Thailand, Malaysia and Australia with four hotels managed by Travelodge and Holiday Inn. He is known to be a colourful person who had dropped out of high school to go to work to help his family.

He said he started buying land 30 years ago and kept buying until now. “If I didn’t buy them, I wouldn’t be able to buy now because the price is very high. But 30 years ago, it was very cheap. I was very lucky,” opines Choo. Besides Hotel 81, he now owns Value Hotel, V and Venue brands, a four-star Hotel Mi and a massive Hotel Boss in a good location on Lavender street. Choo recently rebranded his group as Worldwide Hotels.

In no. 11 with USD 2.5 billion is Kuok Khoon Hong, who cofounded Wilmar in 1991 and built it into one of the world’s largest palm oil producers. They delved in agricultural land and commercial property, but Kuok went further into plain property business, but of course. Kuok’s other investments include stakes in billionaire Zhong Sheng Jian’s Yanlord Land, a property company that develops residential real estates in China, as well as Perennial Real Estate Holdings. Kuok owns the Aviva Tower in London together with Indonesian billionaire and Wilmar co-founder Martua Sitars.

Kwek’s companies are acquiring assets in the UK, China and Australia, and also owning a chain of hotels such as
St. Regis Hotel and Residences.

In 12th place with USD 2.5 billion is Peter Lim, who after cashing out of palm oil giant Wilmar (yes, that is agricultural land) eight years ago, focused on property, healthcare and sports. Lim is redeveloping Manchester’s historic Northern Stock Exchange into a boutique hotel and is involved in various property projects as well as plans for development in the Malaysian state of Iskandar, which is cross the border from Singapore.

The 14th richest Singaporean is Sam Goi who owns Tee Yih Jia Food Manufacturing, the world’s largest maker of popiah skins, which are used for spring rolls. He also has real estate interests through his stakes in listed firms GSH and KOP. In 16th place with USD 1.9 billionaire husband-and-wife Ong Beng Seng and Christina Ong, who is one of Singapore’s most influential, property-focused couples. They built many high-end condos in Singapore: a partnership in the massive D’Leedon with 1,715 units, and co-developed the beautifully-designed Interlace. Ong is managing director of Singapore-listed Hotel Properties, which owns the Four Seasons and Hilton hotels in Singapore and is probably the biggest single owner of Four Seasons Hotels in the world. The group owns hotels, resorts and shopping galleries in 13 countries, namely, Singapore, Malaysia, Thailand, Indonesia, Maldives, Seychelles, Vanuatu, the United States of America, Bhutan, Tanzania, South Africa, Vietnam and the United Kingdom. Christina runs Como Hotels & Resorts, retail empire Club 21 and London-listed handbag maker Mulberry.

 

Ong Beng Seng and Christina Ong, own the Four Seasons and Hilton hotels.

 

Malaysian Property Kingpins

 

The richest of them all is Robert Kuok with USD 14.8 billion originating in his palm oil, shipping and property business. You probably know of his awesome Shangri-la Hotels. Next, no. 2 is Quek Leng Chan with banking and property, worth USD 7.2 billion. He is the cousin of Leng Beng who is no. 4 on the Singapore list. In no. 5 position, USD 5.6 billion is Lee Shin Cheng, who chairs IOI Corp., the world leader in oleochemicals and one of the largest palm oil plantation companies in Malaysia. His younger son leads property group IOI Properties.

At no. 6 with USD 4.7 billion is Lim Kok Thay the Genting chairman. Lim has fast expanded the group’s global footprints in the gaming sector. Forbes states he plans to open Resorts World Las Vegas in 2020 and launch the world’s first 20th Century Fox movie-inspired theme park at Resorts World Genting in 2018. Earlier this year, Lim’s Empire Resorts Inc. opened USD 1.2 billion Resorts World Catskills, a casino, hotel and entertainment complex. His New York complex will be the largest integrated commercial casino resort in the state, fitted with more than 150 table games and 2,150 slot machines. In no. 7 with USD 3.3 billion is another casino and hotel developer Chen Lip Keong.

In 9th place is Lau Cho Kun with USD 2.6 billion with interests in farmland for palm oil and property business. In 11th place is Francis Yeoh with USD 2.4 billion. Yeoh helms diversified YTL Corp., founded by his late father Yeoh Tiong Lay. The family’s global empire boasts businesses in sectors such as utilities, cement manufacturing, hotels and property development. In Singapore, they hold the most trophy-prized possessions through their Reits, owning the Wisma Atria and Takashimaya shopping mall.

They built a few luxury condos as well as a luxury villa project in the upscale Sentosa island. And the list goes on and on. The article’s message is clear. If you are wondering what is moving Asia, now you know. Indubitably, these rich Asians’ unstoppable love for real estate is just beginning to show up on the radar screens on an international level.

 

About: Alexander Karolik-Shlaen

 

Shlaen founded Panache Management (PM) in 1995 in Japan, crafting his “East Meets West” style of business management. He was later based in Hong Kong for four years, before relocating to Singapore in 2003 where he has since been based. Shlaen has also served on the board of directors for Brinks Japan, a joint venture between Nissho Iwai Corporation (the sixth largest company in the world at the time) and Brinks Inc (a Fortune 500 US corporation). As one of the few market analysts to predict a property boom at a time when global markets were in decline, Shlaen’s expertise is in high demand from prestigious companies to UHNWI investors.

Shlaen’s PM represents companies that have superb and exquisite products that are outstanding in their niche markets. PM is representing Aston Martin Interiors, Tonino Lamborghini Casa, Formitalia design lines in Asia. PM is also involved in real estate and tech investment projects as well as providing luxury interiors and designs for exclusive homes, villas, hotels, offices, private jets and super yachts. He has been writing the Luxury Expert column in Property Report Asia and Palace magazine since 2009 and has appeared in various regional and global media, TV and is frequently sought to attend established business forums. Shlaen is an Independent Director on the board of SinoCloud Group Limited, which is publicly traded on the Singapore Stock Exchange. Shlaen holds an Executive MBA from the Kellogg School of Management and the Hong Kong University of Science and Technology.

 

By Joe Lim

A tour inside the luxurious Twin Palms Sungai Long residences

For seven decades, acclaimed developer Lum Chang has created many dream homes. Its latest project is nothing short of exceptional – Twin Palms Sungai Long.

Located at the south of Cheras, Malaysia, this area has seen a rise in the number of shopping centres and retail outlets, particularly as the Malaysian economy continued its strong growth momentum in 2017. In 2007, it began constructing its first five phases comprising of 300 plus landed units.

Now, Twin Palms is moving forward with its next two phases (a combination of semi-detached and bungalow units): Westiara and Latania. As those botanically savvy would have realised, these phases are named after two species of palm trees. Indeed, the name Twin Palms itself is an anagram of nine species of palm trees: Tsara, Westiara, Indica, Naria, Palmyra, Areca, Latania, Maya and Sierra. In turn, these also refer to each phase of the project’s launch.

LATANIA AND WESTERIA

Twin Palms Sungai Long is made up of a collection of landed properties: super-link homes, semi-detached and bungalow homes.

At Latania and Westiara, you will find luxurious and elegant semi-detached and bungalow homes built along quiet, tree-lined streets. With three storeys of generous spaces and a large driveway for parking three cars side-by-side, these homes are perfect for multi-generation living.

For Latania, these prestigious homes come in built-up options ranging from 3,371 sq ft to 4,017 sq ft. 28 units were launched in May 2017 from a price of RM 1.65 million.

Meanwhile, Westiara bungalows will be launched in August 2018, and will feature 19 units ranging from 4,453 sq ft to 10,052 sq ft. Prices start from RM 2.8 million.

 

GATES, NOT WALLS

At first glance, living in a gated community evokes a certain closed, walled-off atmosphere; yet it offers spacious parks and walkways to roam around the estate’s manicured gardens.

A well-secured home is a haven for all, especially those with little ones. Twin Palms Sungai Long offers strict 24/7 security and surveillance, with perimeter CCTV surrounding the entire development, 24-hour patrolling and access cards required at every entry and exit points. Furthermore, gated communities mean less traffic.

With a guardhouse acting as a stop point, and with Jalan Palma being the only road that winds lazily around Twin Palms, visitors and residents alike need not fear vehicles turning recklessly from busy main roads into the quiet neighbourhood.

Those with young ones will also benefit from this increased safety and security. Thus, residents are thus able to come home after a long day’s grind to a tranquil and safe domicile to unwind and recharge.

RESORT-STYLE LIVING

Twin Palms aims to create a resort-style living environment for its residents. As a resort home, the estate affords sylvan views of its manicured gardens and tree-lined walkways. There are plenty of benches to allow residents to take in the vistas, or perhaps, enjoy a light jog around the Linear park.

For elderly residents, a leisurely walk around the park after dinner beckons. The lush greenery surrounding the park is part of a decade’s work of nurturing the natural landscape around Twin Palms. As an all-encompassing sanctuary, residents are also able to socialise with each other through purposeful events that the management will hold frequently for the community.

Such community-based activities will include the Twin Palms Family Day, Scavenger Hunts, Get Together Makan- Makan, Dato’ Joey Yap Feng Shui Talk, Twin Palms Chinese New Year Festivities, etc.

LOCATION, LOCATION, LOCATION

For families, having to commute in and out of the estate for work and play scenarios will be a main deciding factor when purchasing a Twin Palm unit.

But take heart as the estate is close to SILK highway, Grand Saga Cheras-Kajang Expressway, Lekas Highway, and the upcoming East Klang Valley Expressway (EKVE) due to be completed in September 2019. Driving to town, sending the children to school or going out of the estate for work appointments will be a breeze.

SELF-CONTAINED LIVING

One of the merits of living in a gated community is the clubhouse. Twin Palms’ Orinoco Clubhouse offers plenty of features to soak up Vitamin D, unwind, get sporty, and perhaps, get 120 PALACE creative as a family.

The infinity pool and children’s wading pool will be perfect for families to bond over swimming and other water-based activities. Adults can head to the glass-lined gymnasium to burn calories or just chill with a mocktail at the poolside café.

The spa – sauna, steam room and Jacuzzi – is another ideal zone to relax and sweat it out after a hard day’s work. Other features for sporting activities such as badminton, table tennis, and basketball can be enjoyed at the multi-purpose hall. The well-designed children’s playground will ensure tiny tots get their dose of outdoor physical benefits.

RESTFUL RESPITE

Twin Palms is a lifestyle proposition that’s geared for individuals, families or couples who desire a resort-style home Roads lined with trees leading into Twin Palms that offers modern amenities for work and play situations.

Its lush, open surroundings convey that you’re far away from the hubbub of city life, yet it affords security, comfort and enjoyment, all thanks to its raft of modern living features that the estate boasts.

 

 

BUYERS’ INFORMATION

PROPERTY: Twin Palms Sungai Long DEVELOPER: Lum Chang Malaysia
HIGHLIGHTS: Resort living 350-900 sqm (approx. 3,500-10,000 sq ft); Gated and Guarded with Club House facilities
PRICE: From RM 2 million (approx. USD 503,240)
CONTACT: Tel: 603 87406888 (Malaysia) 012 788 6685 ( Whatsapp/Call); www.twinpalms.com.my

 

Shama Medini Iskandar Joins Malaysia’s Fast Expanding Luxury Property Market

Iskandar Malaysia, home to 2,217 square kilometres of economic opportunities, is leaving most of Malaysia in its wake as a development hotspot. An increasing number of projects are ushering in people from across the region to the southern tip of peninsular Malaysia.

Part of the UMLand Medini Lakeside masterplan, which sits across from Legoland, Shama Medini features 213 serviced apartments. Within the upscale development, residents and guests will have access to retail in UMC Mall, as well as multiple restaurants, a gym, swimming pool, kids’ play areas, outdoor pavilion and a surau within the development itself. Covering more than two hectares, the development overlooks a beautiful five-hectare lake.

There’s an enormity of things going on in this region of Malaysia. Besides the aforementioned Legoland with its seven themed areas of family fun, there’s also a number of universities based there. EduCity, a fully integrated education hub, plays host to a number of international universities including the University of Southampton, Raffles University and Newcastle University. Students can live on campus and receive an international education from a top university, all while not being too far from home.

Pinewood Studios can also be found in Iskandar. Many people will be familiar with the British studio due to its part in producing the Harry Potter film series in the U.K. The 50-acre site has turned Johor Bahru into a regional hub for producing television shows and films. Netflix’s Marco Polo series was shot here. Just down the street, Kota Iskandar, the administrative capital of the region, sits in a vast complex near the luxurious Puteri Harbour with its waterfront shops and restaurants only moments away.

Other than the incredible Shama Medini development and the attractions in the region, there are further incentives to move to and invest in Medini. When it’s time to sell your property, there’s no real property gain tax up to 2020. As a foreigner, you can purchase property here, and if you plan to open a business, there’s a 10-year corporate tax exemption for approved companies. These tax incentives stretch even further with reduced income tax for qualified knowledge workers.

UMCity is just a hop, skip and a jump (10-minute drive) from the Malaysia-Singapore Second Link, and only 15 minutes from Johor Bahru. The proposed high speed rail link with nearby Gerbang Nusajaya station will offer even faster connections to Singapore and the rest of Malaysia.

South Korean company Samsung C&T, famous for building the Petronas Twin Towers and the Burj Khalifa have been contracted to build the tower. The construction is set to be completed in the third quarter of 2018. Shama Medini will feature a range of different sized units. From studios at 583 sq. ft. all the way up to three beds, with the largest topping out at 1,192 sq. ft., the development offers great options for singles, couples and large families alike.

All units will be operated by Onyx Hospitality Group. Owners will also have access to the Shama Privilege Card, bringing perks above and beyond your typical investment including 14-days of free stay at Shama Medini. Forecasted annual returns are expected to be high in this sought-after development.

For those of you looking to move to the region or are purely looking to invest in property within Malaysia, Shama Medini should definitely be on your radar. It offers a great location, lots of potential for future development, and is a renowned quality product from UMLand and Shama.

TOP 5 REASONS TO INVEST IN MEDINI

1. Growth Location

2. No Real Property Gains Tax

3. No Sales Restriction on Foreign Ownership

4. 10-Year Corporate Tax Exemption for Approved Companies

5. Reduced Income Tax for Qualified Knowledge Workers

Words by Robbie Wilson. For more information, visit www.shamamedini.com.my

From: Palace #18. 

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Here’s What 6 of Kuala Lumpur’s Most Exclusive Condominiums Look Like

With nearly 70 luxury high-rise properties in the KLCC area alone, it can be hard to decide where to park your money in the property market. Here are six of our favourites.

1 | Madge Mansions, Jalan Madge

Madge Mansion

Situated in the Ampang Hilir neighborhood, the low-density, enclave community’s biggest selling point is its exclusive location: foreign embassies, members-only recreational clubs, private schools, walking distance to conveniences and easy access to main highways like AKLEH. Three blocks sit on two acres of freehold land and contain 52 ultra luxurious units, each with a private wading pool. Move to the submerged deck in the Olympic length saltwater pool or immerse in the jacuzzi for a change of scenery. Don’t feel like cooking? Cilantro and La Mexicana are just a short distance away, or hop into a cab to Bukit Bintang for more options.

Listing prices: RM4.4M-RM9.5M
Developer: Gamuda Land

2 | St Mary Residences, Jalan Tengah

St Mary Residences

These serviced condominiums with 457 units get the best of a luxury metropolitan lifestyle and a touch of Penang hospitality—the developer behind St Mary is the same one responsible the famous Eastern & Oriental Hotel in Georgetown. Attractions like Menara KL, Bukit Nanas Forest Reserve and KL Live are practically at its doorstep, whilst food, drink and entertainment are just up the street at Pavilion. The most elite unit here is the rooftop penthouse, which spreads out across three floors. The penthouse is also fitted with designer finishings and a private pool.

Listing prices: RM1.3M-RM7.7M
Developer: Eastern & Oriental Berhad

3 | Epic Luxe Homes at Sentral Residences, KL Sentral

Epic Luxe Homes, Sentral Residences

Anyone looking for an upscale residence near transport and convenience hub KL Sentral should look at Sentral Residences. Epic Luxe Homes is a cluster of 48 luxury units within Sentral Residences, serviced by secured, private lifts. Located on levels 46-53, residents can look forward to coming home to a fantastic view of the KL’s landmarks, including the Lake Gardens. Head up to the Sky Club on level 55 where you can host a barbecue pool party, or make use of the game room, mini theatre, putting green and playground for family night. Who’s up for an evening swim with a view?

Entry price: RM4.7M
Developer: Prema Bonanza/MRCB Land & Quill

4 | Banyan Tree Signature Residences, Jalan Conlay

Banyan Tree Signature at Pavilion

Operated by premium hotels and resorts brand Banyan Tree, this 60-storey building holds 441 private units, 51 serviced apartments and 50 hotel suites. It’s been hailed as a trendsetter, being one of the first international branded residences to make its way into the KL property market. Besides the huge convenience of Pavilion Mall as a neighbour, residents and guests can look forward to having Banyan Tree’s world-class, signature spa and resort style services at their beck and call.

Listing prices: RM2M-RM9.5M
Developer: Pavilion Group

5 | The Binjai on the Park, Jalan Kia Peng

The Binjai on the Park

The listings for a place here start at a minimum of RM4.1 million, and penthouses range between RM20 million to RM50 million. Burmese teak, quality stone tops and Gaggenau kitchen appliances feature with your ultra-luxurious abode. But it’s rumours of a certain mysterious billionaire making his home here that will make living here even more exciting. Not to mention, you’ll never be lacking anything with all the conveniences around. Most of the 147 units here will also enjoy a close up view of the Twin Towers—glittering in the day, glowing at night—from the comfort of their own living rooms.

Listing prices: RM4.1M-RM50M
Developer: KLCC Property

6 | Stonor 3, Lorong Stonor

Credit: Stonor 3

Just a seven minute walk from Binjai on the Park is Stonor 3, a certified green building. It makes an environmentally friendly statement at the main entrance with a wood-finish trellis covered with verdant plants. Residents also get to enjoy communing with the outdoors without having to leave the compound—grounds feature garden pavilions on the ground floor, and a rooftop garden walk path. Each unit in the 41-storey building range between 650-1232 sq. ft., and is fully fitted with European kitchenware and Japanese bathrooms, which include a semi-sunken Japanese-style soaking tubs with a bench seat.

Listing prices: RM1.1M-RM2.5
Developer: Tan & Tan Developments Berhad & Mitsubishi Jisho Residence Co. Ltd

What You Can Buy with USD10 Million Everywhere

What sort of home can you purchase with a budget of USD10 million around the globe?

In the age of rapid globalisation, buying luxury real estate abroad is becoming more lucrative than ever, with bespoke properties in unique destinations offering promises of investment benefits, often not found domestically.

An old saying goes that the grass is always greener on the other side and the saying may be even more true when it comes to investing in luxury real estate around the world. Whether investing in luxury properties as seasonal resort destinations, home-away-from-home respites or properties for other people to enjoy, understanding the selling features of each property is important to get the best tangible and intangible returns on an investment. The features that characterise a luxury property differ from locale to locale, with high-end buyers requiring more and more from their investments.

A price tag alone does not define a property as a worthy investment; a property has to be unique and exclusive, with access to luxury activities and unique features for which buyers would be willing to pay a premium.

When buying luxury real estate, buyers, inevitably, are also buying a lifestyle. Whether a buyer’s preference is a rural retreat, an urban enclave, or a tropical haven, we offer a look at six global destinations that unveil unique luxury assets and distinct benefits suitable for different lifestyles.

Geneva, Switzerland
5 bedroom villa, USD8.8 million
Tel: +44 20 7861 1109
www.knightfrank.com

A home to the most billionaires in Switzerland, Geneva has been a base to some of the world’s most distinguished businesses in trading, shipping and finance. With a population hovering around a half-million, the city’s name resonates abroad for more than its economical and political stability, with its unparalleled quality of life and a reputation for being one of Europe’s most scenic and cosmopolitan cities. Surrounded by two mountain chains, the Alps and the Jura, and positioned next to Lake Leman, Geneva has no lack of natural beauty that stuns, even during wintertime. A gateway to the Alps, the European headquarters for the United Nations and a national heritage site, the city beacons with its unique charisma that attracts new residents looking for an exceptional quality of life every year.

One of Geneva’s most prized communes, Collogne-Bellerive, delivers the best of the city and the scenery around it by offering elegant and understated living between town and country. Among the properties in the commune is a spacious residence standing on a 33,000 sq. ft. picturesque plot of land, ideal for lovers of nature with its large garden, several terraces and a heated swimming pool for relaxation in the sun or under the stars. “While the Cologny hillside offers the views, this area is swiftly becoming a target for many international families due to the ease of access to Geneva, the flat topology allowing for larger and more usable gardens and houses with direct access to the lake”, says Alex Koch de Gooreynd, Partner at Knight Frank.

Hong Kong
7 bedroom mansion, USD8.8 million
Tel: +203 253 0441
www.christiesrealestate.com

A city of extremes in many ways, Hong Kong is an international business hub and a world-class city with a distinct East meets West vibe. While dominated by skyscrapers, an outdoor escape to a beach or a mountain is always a short drive away, making the city attractive to seasoned urban dwellers and families alike. From the Mid-Levels with the always buzzing SoHo and Lan Kwai Fong, to the beach life in Repulse Bay and Stanley, to Jardine’s Lookout offering spectacular views over Happy Valley, the city reveals almost infinite possibilities with its changing landscape fit to suit any lifestyle.

One of the popular neighbourhoods for expatriate families, Pokfulam, situated on the southwestern side of Hong Kong Island, combines a pleasant environment with convenient location to central Hong Kong, all the while providing sweeping vistas of the South China Sea. In a tranquil location in Pokfulam, known for its luxury residences and open views of quaint green hills, verdant woods and the sea, charming low-rise townhouses offer a respite from the busy Hong Kong city life. Among the property offerings, the esteemed Mount Davis Village development provides townhouses with a split-level living and dining areas, floor-to-ceiling windows and sweeping terraces, with the development’s location enjoying easy access to upscale malls, restaurants and prestigious schools, including University of
Hong Kong.

Greenwich, Connecticut
7 bedroom mansion, USD9.5 million
Tel: +203 253 0441
www.christiesrealestate.com

7-bedroom Georgian mansion in Greenwich, Connecticut

Known as “the richest town per capita in the world” in the 1920s, Greenwich, Connecticut still lives up to its aristocratic reputation of yesteryear by attracting some of America’s biggest hedge fund tycoons, corporate executives, actors and sports personalities. While decisively pastoral, Greenwich is easily accessible via a short commute from New York City, making the suburban town an in-demand locale for residents working in the Big Apple. The town’s architecture, indicative of its stately past, unveils a picturesque landscape of mid-country Georgian mansions situated on secluded and beautifully landscaped plots of land, offering a bucolic connection to nature in a close proximity to fine dining spots, exclusive shopping and some of the best private and public schools in the country.

A poster child for a quintessential Greenwich home, an award winning estate in the Sabine Farm Association in Greenwich embraces the charm of the town with a Georgian aesthetic that brings focus to architectural details and materials. With spacious amenities that include a dramatic two-storey family room, a three-car garage, exercise room, wine cellar and an expansive 430 sq. ft. outdoor terrace overlooking the rear garden and pool, the property offers a mix of indoor and outdoor luxuries to a buyer with a penchant for semi-rural luxury living.

Rio De Janeiro, Brazil
4 bedroom hillside villa, USD9.7 million
Tel: +55 21 3138 6000
www.christiesrealestate.com

4-bedroom hillside villa in Sao Conrado, Rio De Janeiro, Brazil

With Brazil rising as one of the emerging economies in the world, Rio de Janeiro has been reaping the benefits of the economic growth by transforming into one of the premiere travel destinations in South America. With the help of the 2014 FIFA World Cup and the 2016 Summer Olympics, the city has been flourishing with new construction projects and renovations of old historical buildings and palaces. Upscale neighbourhoods like Leblon and Ipanema continue to allure with their offerings, like luxury boutiques and fine dining restaurants, while the culture, history and beauty of the city uphold Rio’s mythical charm as the destination for indulgence in every way.

In the prestigious neighbourhood of São Conrado, residential properties draw interest with spectacular views to the ocean, the surrounding mountains and the islands beyond. One particular São Conrado property, while open to nature, is ideally positioned within Rio and its energetic pulse. The property benefits from plenty of space with two open verandas, internal and external gardens, a terrace and an infinity pool deck to take in all the beauty of nature. Says Frederico Judice Araujo of Judice & Araujo Imoveis, affiliate of Christie’s International Real Estate, “Located between Barra da Tijuca and Leblon, São Conrado is famous for the beach, which is good for surfing and body boarding, its golf course and hang gliding, while also offering sophisticated residential buildings, nightclubs and elegant restaurants”.

Phuket, Thailand
4 to 8 bedroom villa, USD9.8 million
Tel: +66 89 625 7878
www.avadinahills.com

Phuket has long been a well-known holiday island for international crowds looking for an exotic getaway during the holiday season. Among the more exclusive destinations and far from the crowds, Phuket’s less explored but far more refined locales demand a discerning consideration for property investment. Offering celebrity-chef restaurants, deluxe beach bars, designer boutiques and other cosmopolitan diversions, the island has raised the bar for luxury living in the recent years, with some of the best beachfront views in Asia and, quite possibly, the world.
Overlooking the bay of Bangtao on the West coast of Phuket, the luxurious development of Avadina Hills offers some of Phuket’s best villas, set in the lush green surroundings for maximum privacy. With the development designed by architectural firm Sakakura Associates and renowned landscape architect James Hyatt, each villa has been masterminded to maximise the views to Layan Beach and the surrounding private gardens. A true escape from the ordinary, Avadina Hills is a retreat of natural indulgence, secluded and exclusive, with the finest that Phuket has to offer located conveniently nearby.

Tangier, Morocco
5 bedroom coastline architect villa, USD10.7 million
Tel: +212 66155 0905
www.christiesrealestate.com

Holding some of Morocco’s most interesting history, the charming town of Tangier traces its roots back to the Roman and Byzantine Empires, with the French, Spanish, British, Italian and Portuguese forces subsequently laying claims to the area at various times in history and making it a truly international zone. Overlooking Cape Trafalgar, Tangier is a showcase city, with a dramatic corniche and a marina at the base of the city built by the king of Morocco in hopes to turn Tangier into a second Monaco. With old and new architecture mixing together gracefully and a laid-back small coastal town charm, Tangier is an expat heaven, shrouded in rich history
and culture.

Among the properties on the Tangier coastline, Villa Putman stretches our budget at USD 10.7 million, but is an exquisite and fortuitous find that maximises the views to the sea with its six levels and expansive outdoor spaces. Designed by the renowned interior designer Andrée Putman, famous for her work for Yves Saint Laurent and Thierry Mugler, this luxury villa offers a flowing floor plan and features like a jacuzzi and infinity pool.

Words by Olga Romaniuk.

From: Palace #18.

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Your New Luxury Property Purchase Now Comes With A Designer Interior

A living space overlooking a glimmering city skyline, a desirable location in the heart of a city, high-end amenities and privileges. These value-adding factors behind living in luxury residential developments can all have a huge impact on the saleability of a property, regardless of its geographical location. Increasingly, another amenity that is sought after by many international developers and that continues to lend desirable results for residential sales is a name of a noted architect or interior designer attached to a project, lending it an additional air of exclusivity and prestige. Developers of the latest crop of luxury residential properties increasingly seek to differentiate their developments by attracting clients with an allure of well-designed space that goes deeper than the bare bones of a residential structure, adding further integrity to already lucrative investments.

Building a Name

In demanding global property markets, where property appeal to a prospective buyer is key to landing a sale, developers turn to big name designers who will resonate with buyers. “Art, design and exquisite collectables are interlinked”, comments Charlie Walsh, Director, Sales, Lodha UK on the interconnectivity between a designer’s name and exclusive lifestyle. “Top fashion houses are increasingly partnering with five star hotels and hottest bars around the world to curate spaces. This has filtered down to residential, a trend which is likely to continue”.

Such is the case with properties like Lodha Fiorenza, Lodha Group’s luxury development in Mumbai, exclusively developed by Jade Jagger. In 2012, Lodha also partnered with Philippe Starck to design the residences of Lodha Evoq, a 63-storey tower in Mumbai’s New Cuffe Parade. For one of its latest projects, Lincoln Square – a new development in central London – Lodha UK collaborated with Patricia Urquiola, who put her signature stamp on many of the development’s amenities including the private club, library, dining room and billiards room.

Lodha UK handpicked Urquoila to seek the expertise of a world-class designer to create a range of distinctive living spaces that represented Urquoila’s signature style. Says Walsh, “When you visit the places that Urquiola has designed such as Il Sereno on Lake Como or the Mandarin Oriental in Barcelona, it is an incredible feeling. That is the effect we want to have on buyers at Lincoln Square, where Urquiola’s use of coloured glass, timber, marble and bronze metals has created something remarkable”.

Developers seeking to create buzz around their upcoming residential projects are benefitting from getting promotional clout from the names of famous designers. This is the strategy that was taken on by The Related Group, one of Florida’s most notable builders who signed on Karim Rashid as a designer for MyBrickell in Miami’s financial district. The Related made a deal to brand the building after Rashid’s name and, after the success of the project, applied the same strategy to other residential developments, including 690-unit Brickell Heights, with amenities designed by David Rockwell.

Expert Collaborations

There is unique value to having a residence crafted by a designer to position a residential project as a one-of-a-kind investment. Property developers are enlisting interior designers to maximise the usage and layout of residential spaces and help prospective buyers to envisage themselves in a unit as befitting of a buyer’s lifestyle.

While interiors and exteriors are often crafted by different parties, interior designers can help to create a harmony between the exterior architecture and interior spaces to ensure that a development is worth an investment.

This strategy paid off for The Riverwalk in Westminster, London— a duplex penthouse on the north bank of the River Thames by Ronson Capital Partners— that relied on several collaborations with noted design studios to create a series of distinctive apartments to set the development apart from other luxury developments and complement its riverside location. Lisa Ronson, Commercial Director, Ronson Capital Partners, worked with luxury designers Fiona Barratt and Bowler James Brindley, with Lisa Ronson Home to design the elegant show apartments and Spinocchia Freund with Lisa Ronson Home to design the penthouse.

Enthusiastic about collaborations, Ronson welcomes the creative spirit that comes with working with interior design studios. In Ronson’s words, “Collaborations are always a popular choice in luxury developments, as in addition to stunning locations and multiple amenities, unique interior design and finishes maximise the offering and ensure an irreplaceable development”.

Buying into the Bespoke

Andrew Murray, founder of Belgravia-based design house Morpheus London that worked on a number of international projects in Monte Carlo, London and Singapore, attests to the notion that interior designers are invaluable in bringing professional and practical skills to a development project, including furniture supply and installation, sourcing artwork and dressing the space exquisitely to showcase the property to its maximum potential. “The interior design scheme is one of the first things that any potential buyer will see when viewing a property and it is our job to create a beautiful and enticing space which in turn attracts buyers and creates sales desirability and a maximum return for the client”, says Murray.

The craftsmanship and exclusivity of owning a one-of-a-kind residence provide an enticing allure of a living experience that captures the ideals of comfort, attention to detail and elegance. A collaboration with a designer can ensure the highest levels of craftsmanship and attention to detail, elevating the property value and complementing other prized elements of a development for an all-round luxury package.

A discerning interior designer can offer solutions that are customised to a buyer’s lifestyle and feel unique, straddling tradition and trends and respecting the neighbourhood context. Buyers can appreciate residences that feel very personal and specific, like the duplexes at 155 E. 79th Street in New York, where developer Anbau Enterprises enlisted Andrew Sheinman, founder of Pembrooke & Ives, to design residential environments that put emphasis on high-quality materials and felt customised to the buyers.

For the interiors at Chelsea Island, Hadley Property Group worked with prominent practice Arney Fender Katsalidis, crafting interiors that showcased a modern take on traditional British craftsmanship to complement the development’s exclusive waterside destination at Chelsea Harbour. Lending an air of exclusivity, the partnership with a design firm was part of Hadley Property Group’s strategy to unveil to potential buyers a vision of what life can be life in an exclusive waterfront neighbourhood. James Taylor, Group Director of Sales and Marketing at Hadley Property Group explains, “Collaborating with a renowned interior designer ensures that the utmost levels of craftsmanship and attention to detail are achieved, which is key for boosting the value proposition of a property while setting a benchmark in terms of quality and craftsmanship”.

From: Palace #19.