Raffles Residences

Overview

Raffles Residences will be the first international luxury hotel and residential offering in Vietnam. The beachfront residences will be located at the most sought-after site on China Beach’s 30 km stretch of waterfront, with the iconic Marble Mountain as a backdrop. The three residential buildings offer one, two and three bedroom residences blending contemporary vision with the classic old world charm of the grand Indochinese hotels of the early 20th century.

Location

In addition to the prime beachfront location in China Beach, the site of the Raffles Residences is in close proximity to Da Nang, home to three Unesco World Heritage sites. Da Nang marks the halfway point between Hanoi and Ho Chi Minh City, Vietnam.

Facts

Product Quantity: 138 residences, in three residential buildings.

Product Type: Private residences with leasehold opportunities for foreign buyers.

Offering Details:

+ 45 -- 1 Bedrooms with 71 (M2): Approximately USD $285k - $320k .

+ 76 -- 2 Bedrooms with 92 (M2): Approximately USD $380k - $450k.

+ 17 -- 3 Bedrooms with 187 (M2): Approximately USD $700k +

Decor: Furniture package options available at an additional cost.

Availability: Marketing commences May, 2008.

Sales and contracts commence July, 2008 for a limited supply.

Target Completion: Fall, 2010.

Resort Amenities: Raffles AmritaSpa, indoor and outdoor dining, VIP airport transportation,

WATG Architectural Design

Leading architects Wimberly Allison Tong and Goo (WATG) are creating an environment that demonstrates the country’s fascinating multicultural history and will fuse Cham, Vietnamese and French Colonial styles. Over the course of the last half century, Wimberly Allison Tong & Goo (WATG) has become the world’s leading design consultant for the hospitality, leisure and entertainment industries. Having worked in over 130 countries and territories across six continents, WATG has designed more of the world’s great hotels and resorts than any other firm on the planet.

Hirsch Bedner Interior Design

Interiors are designed by Hirsch Bedner and Associates, who have created a “tropical chic” style, blending contemporary vision with the classic old world charm of the grand Indochinese hotels of the early 20th century. For four decades, their design professionals have been integrated fantasy, drama and creature comfort governed by today’s more sophisticated world traveler.

The Raffles Brand

Raffles is a collection of luxury hotels and resorts worldwide, each distinguished by its luxury, elegance and residential charm. Each hotel is a landmark in its respective city, positioned at the top of its local market and rated among the very best in the world.

Raffles pursuit of service excellence has earned for its hotels and resorts a legion of international accolades, including Condé Nast World’s Best Places to Stay and Travel and Leisure’s World’s Best Awards. Its flagship Raffles Hotel in Singapore was rated best hotel in Asia by readers of Ultratravel Magazine by the Daily Telegraph, and Best Luxury Hotel in Asia by Travel Trade Gazette Asia, while Raffles Beijing Hotel was named Best New City Hotel by Andrew Harper’s Hideaway Report. Raffles Dubai, the latest addition to its portfolio, is recognised among the world’s best new hotels by Condé Nast Traveller’s Hot List. Raffles Hotels & Resorts is consistently ranked among the world’s top 10 hotel brands in the annual Condé Nast Traveler Business Travel Awards.

Fairmont and Swissôtel brands. The company also owns Fairmont and Raffles branded Residences, Estates and luxury private residence club properties.

About Kingdom Hotel Investments

KHI, headquartered in Dubai (UAE), is the leading publicly listed hospitality real estate investment company focused on high growth emerging markets such as the Middle East, Asia, Africa and Europe.

The company has ownership interests in 34 properties in 21 countries including 23 operating hotels and resorts and 11 hotels and resorts currently under construction or in the initial stages of development.

KHI is also an accomplished developer of branded residential projects, creating world class residences and private home ownership opportunities. The company is investing US$1.3 billion in its projects, many of which will include branded residences.

KHI is listed on the Dubai International Financial Exchange and London Stock Exchange.

Source: KHI