Despite concerns over a Euro crisis, high end real estate deals in the resort markets of Asia are gaining momentum.
Benchmarking the trend for 2011 luxury hotel branded villa sales, resort operator Six Senses sold 8 properties during the year.
Properties sold were at Soneva Kiri, Koh Kood, plus Soneva Fushi and Six Senses Laamu in the Maldives.
Transaction activity ranged from USD2 million up to USD8.5 million. One interesting statistic is despite all the media play on China, and India emerging, 7 of the 8 sales were to European buyers.
Pushing into 2012, a push in reservations has been seen with three more villas in the sales pipeline.
Speaking to the residential sales management of the chain, while majority of the transactions have been direct , they are seeing a rise of inquiries and activity from outside agents.
News is that the Sri Lanka hospitality led residential project branded by Six Senses in Ahungalla will come to market later this year.
Source: http://www.thephuketinsider.com/real_estate/six-senses-close-eight-luxury-villa-sales.php
