A perfect harmony between modern and tradition in concept design combined with high quality services and amenities, the project is promising to bring 5-star resort experience for its guests.
In recent years, a lot of new real estate models have been presented. However, according to experts, resort real estate is one of the investment opportunities that ensure both the efficiency and the response for the middle and upper classes.
Tourists coming to coastal provinces are increasing significantly. It is a motivation for the resort real estate market to “take off”. Typically, there was 2.8 million visitors arriving Hoi An City in Quang Nam province in the first nine months, recorded a 10% increase in tourism service revenue over the same period last year.
Since 2018, taking the advantage from natural conditions and favorable government policies, a number of large-scale resort projects have been developed in the Central region cities such as Da Nang, Hoi An and Quy Nhon.
In mid-2018, Bamboo Capital Group also announced the deployment of Malibu Hoi an project – an international 5-star resort complex with a total investment of VND 2,000 billion.
Malibu Hoi An is located at a prime location, less than 15 minutes driving from Hoi An Ancient Town and 30 minutes from Danang international airport. In fact, this is the first project in the property development portfolio of Bamboo Capital Group.
Two years ago, BCG’s board of directors came up with the initial idea of the project, that later on, the board gradually implemented through the selection of a suitable land location, design architect & consultancy, contractors, distribution and operation units.
Especially on August 19 2019, Bamboo Capital Group entered into agreements for the construction, opening and management of Malibu Hoi An with Radisson Hotel Group. Accordingly, this brand will operate 66 villas, 668 condotels and rename the project to Radisson Blu Hoi An.
Besides, 30 other villas with private access to the sea will be branded Malibu Residence. These villas are located between the two 5 and 6 star resorts which will be directly operated by the developer. The villas area is guaranteed security and privacy for staying guests by the surrounding of green space and private pools.
According to Savills Vietnam’s research, “second home” projects are gradually becoming more popular in recent years. The attractiveness of this market is due to the product characteristics which serves both purposes of family leisure and gaining a passive income while the property is not in use.
In August 2017, Savills reported there were only 42 second home projects in operation with more than 9,700 keys of brand name property products including hotel apartments, condotels and villas.. It is expected that in the next 3 years, the supply will increase upto 19,200 keys, mostly concentrated in 6 coastal region including Da Nang, Quang Nam, Khanh Hoa, Phu Quoc, Ho Tram and Ha Long.
The tourism industry in Hoi An is witnessing a positive change when international tourists travelling through travel agency are gradually being replaced by tourists travelling in small groups which demand higher quality service. The trend of choosing international 5-starproperties which cost from over VND 2 million is rapidly increasing.
Therefore, the authorization of international brands to operate is considered as an appropriate direction in development 4 and 5-star hotel & resort projects.
Developed according to this model together with some other factors, Malibu Hoi An is expected to be one of the most attractive investments for investors. In addition, the developer also takes good care of quality control for this project to make it an ideal place to stay for visitors. This is demonstrated by the certificates and awards that the project has received since its deployment.
Recently on December 12, surpass a lot of huge brands in the region, Malibu Hoi An won the title of “Best Beachfront Luxury Resort Villa Development” and “Best Luxury Condotel Architectural” at the 2019 Southeast Asia Dot Property Awards. These are the two main nominations of the ceremony, which only identify one winner.
All projects on the list of candidates must meet the strict requirements about the investor credibility, sustainable development potential, prime location, distinctive design and the commitment of generating value for investors as well as community.
The representative of Dot Property Southeast Asia 2019 supposed that the evaluation board was strongly impressed by Malibu Hoi An because it not only satisfying the overall basic elements but also demonstrating the long-term immovable vision of central coastal property.
In order to attract investors to Hoi An market, the developer also offers many competitive marketing program such as the selling price is 35% lower than other regional projects, investors only need to deposit VND 100 million for the first payment and the rest is charged 5-30% of total selling price per schedule installments.
Especially about Malibu Residence project, Bamboo Capital Group announced that customers who purchase its villas will receive various benefits such as house ownership certificate, long-term possession, payment of only 60% on handover and the remaining 40% will be charged within the next year. It makes it easy for investors to balance their finances, delivery cash on time and be guaranteed a stable rate of return or higher than other investment channels such as gold reserves, bank savings…
The similarity between Radisson Blu Hoi An and Malibu Residence are both located on an 11-hectare site facing Vo Nguyen Giap Street, which is called the “five star costal highway” connecting Quang Nam and Da Nang – two economic and tourism centers. This is also the Central heritage road with a lot of famous architectural and cultural heritage sites such as Hue Ancient Capital, My Son Sanctuary, Hoi An Ancient Town…
This project has a direct view towards Ha My beach where Telegraph magazine voted as one of the most beautiful beaches in the world two years ago. Many experts supposed that this beach is an important factor in the promotion of Hoi An’s tourism industry and resort real estate market.
The project consists of 668 condotels and 96 private sea villas built on an area of 11 hectares, the building density is less than 20% which provides plenty of free space.Two condotel blocks are located vertically along the land, designed to harmonize three elements: vision, light and wind direction. A lot of high quality materials and high technologies are applied to this project to control an efficient amount of sunlight, the impact of heat island and save power.
Radisson Blu Hoi An offers a wide range of products whose total area is covered from 47-700 m2 in order to meet the diversified requirements of investors. Meanwhile, Malibu Residence has been specialized in the segment of world-class resort villas with a similar scale of approximately 270-290 m2. Every villa consists of 3-4 bedrooms facing Ha My beach which gives owners an early morning sunrise view.
Residences or guests staying at Radisson Blu Hoi An or Malibu Residence all have easy access to a variety of international 5-star facilities such as infinity pool, restaurant, bar,… Hoi An ancient lanterns, lighthouses, rice fields are also stylized and integrated into the landscape design in subdivisions such as outdoor gardens, children’s playground, spa…
Bamboo Capital Group committed the handover for both condotels and villas in Q3/2020 as per scheduled. 95% and 65% of civil work for condotels and villas, respectively, have been completed. On average the contractors execute about 10-15% of workload per month.
There have been several basic functional areas constructed, such as the internal road running from Vo Nguyen Giap street to the coast of Ha My beach. After the Lunar New Year, the project’s technical infrastructure such as electricity, water and liighting systems is expected be completed.
At the first time deploying an international 5 star resort complex, Bamboo Capital Group said that they will implement a long-term investment strategy to create sustainable value for customers and increase the general living standard for community.
