Page 36 - TwinPalms Residences : MONTAZURE

36.

buyer

FAQ

What is MontAzure? What are the options to customize the units?

MontAzure is a mixed-use residential resort development stretching over 454 Rai (180 acres/ 73 Should a buyer decide to join the rental program no customization of the unit will be allowed.
hectares) of mountain to oceanside land on Phuket’s central west coast at Kamala beach. However, buyers who choose not to join the rental program can customize their units in consultation with
Twinpalms Residences MontAzure o ers buyers a rare opportunity to own a condominium located the project’s interior designers. No changes to the exterior of the apartment will be permitted.

on one of the Phuket’s best beaches.
What type of furniture, fixtures and fittings are used?
Who is the developer? Fit-out will be of the highest international standard. These items will complement the contemporary

Subsidiaries of three of the most prestigious property and hotel investment groups in Asia – Narai tropical design of the development and will be carefully chosen to suit the location, taking into
Group (Thailand), Arch Capital (Hong Kong) and Philean Capital (Singapore), part of Pontiac account that many units may be occupied on a short-term basis.
Land Group – have teamed up to launch what will be Asia’s most exceptional residential resort
development. What warranties come with the materials and furnishings?

Obviously di erent suppliers and products o er di erent warranties, and these warranties and
Who is the designer? documentation will form part of the hand over package.

Martin Palleros, and the team at Tierra Design, well known in Phuket for designing the island’s most
popular luxury resort Twinpalms Phuket. What is the ownership structure at Twinpalms Residences MontAzure?

Twinpalms Residences MontAzure will be sold as registered condominiums under the Condominium
Martin Palleros is also the landscape consultant, so both the architecture and the landscape will Act of Thailand. As such, 49% of the sellable space is o ered to foreign buyers with a foreign freehold
be fully integrated. title while the remaining 51% are o ered either as Thai freehold or foreign leasehold titles.

How many condominiums will there be and what are the What are the taxes and costs associated with the purchase of a

configurations and sizes? residence?

There will be a total of 75 one and two-bedroom units with penthouses having access to a private The developer covers all transfer taxes and fees for Leasehold title. For Freehold 1% of Land
roof top and pool. There are also options to combine unit types and create a magnificent Department Assessment Value is charged to the buyer while all other fees or taxes are covered
three-bedroom unit with private rooftop and pool. The one-bedroom unit sizes range from 70 to by the developer.
250 sqm (750 to 2,690 sqft). For two bedroom units the sizes range from 154 to 400 sqm (1,700 to

4,300 sqft).
How much will the common area management fee be?

What facilities and amenities will be available to residents? It is estimated that this fee will be charged at THB 80 per square metre per month. The final figure

Buyers will have an option to make their unit available for renting out by a professional operator. will be determined at the time of registration of the condominium.
Onsite facilities will include a Residents’ Lobby, Restaurant, Room Service, Pool Bar, Gym/Yoga
Studio, Spa Pavilions, Library and Lounge, and Outdoor event spaces. Sta will be on duty 24 hours How much will the sinking fund contribution be?
a day to assist residents and guests. Each owner will contribute to the sinking fund an amount equivalent to THB 700/square metre.
This is a once o payment but when monies from the sinking fund are used for necessary repairs or

What other facilities and services will be available to buyers? maintenance owners will be requested to contribute to topping it up from time to time. URE Z

The full vision for the MontAzure mixed-use development includes an international anchor hotel,
ultra luxury private estates, beach clubs, an upscale lifestyle and retail centre, medical wellness spa S MONT A
and protected forest nature reserve.
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