Monday, July 16, 2012

Bahamas project a hit with Singapore buyers

Baha Mar (pictured), a mega resort development in the Bahamas, saw strong interest among buyers and investors at its recent launch in Singapore.

“We are very satisfied by the level of interest at the reception and launch recognising Baha Mar’s luxurious offerings,” said Richard English, Senior Vice President of Baha Mar Ltd, referring to a reception on 29 June and sales exhibition from 30 June to 1 July.

He added that sales efforts are now “off to a strong start, with results well exceeding expectations in their first month”.

In addition, with the “high level of discussions and interests of Singaporean investors, we’re confident that we’ll reach the target of 25 percent of all sales in Asia to come from Singapore”.

Baha Mar features 307 residences, with all its villas sold out mostly to Chinese investors. Baha Mar is also looking to host exclusive private receptions for wealthy buyers in Indonesia and Malaysia by Q3 2012.

The development recently celebrated a milestone, with construction of its iconic casino tower reaching the 100-foot mark.

Sarkis Izmirlian, Chairman and CEO of Baha Mar, said: “I am incredibly proud that we have reached this pivotal point in the development of Baha Mar and am grateful for the hard work and dedication of everyone who has touched this project.”

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