Property Today July 2012

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Hua Hin Today

Volume 9 issue 9 July 2012

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Volume 9 Issue 9 July 2012

Centara to open two hotels in Sri Lanka

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entara Hotels & Resorts is to open its first two properties in Sri Lanka during the second half of this year named “Centara Passikudah Resort & Spa Sri Lanka” and “Centara Ceysands Resort & Spa.”Both of the resort hotels will be operated by Centara under a management contract and will be part of the company’s core brand of four-star properties.

Courtesy of Thailand press release news

strategy for the Indian Ocean,” adds Thirayuth Chirathivat.

Chris Bailey, senior vice president for sales and marketing at Centara Hotels & Resorts says that the two properties will open in time for this year’s tourism high season in Sri Lanka “This is the perfect opportunity, with two beautiful resort hotels in two very different locations, to achieve a high profile in the market,” he says. “Our response from the industry is already a very positive one.”Centara Ceysands Resort & Spa with 166 units is flanked by a river on one side and a pristine beach on the other, the hotel is accessible only by ferry and all rooms have spectacular views.Room types include Superior, Deluxe, Deluxe Pool Access, Family Residences, and Suites.

Centara Passikudah Resort & Spa Sri Lanka is a 126-room property located next to the beach at Passikudah, renowned for its long stretch of shallow coastline, while Centara Ceysands Resort & Spa, Sri Lanka is located on the Paradise Island peninsula at Bentota, flanked on one side by the Indian Ocean and the other by the Bentota River.“These two superb hotels mark our debut in Sri Lanka, a market that we feel holds great promise for us,” says Restaurants include an all-day dining outlet serving Sri Lankan, Thirayuth Chirathivat, chief executive officer of Centara Hotels Asian and international cuisines and features live cooking & Resorts.“They are an important stage in our development stations while a seafood restaurant and the Ceylon Club will have an emphasis on the Ceylonese tea heritage. The hotel will also operate dinner cruises up and down the river each evening.

Centara Ceysands Resort & Spa will have a Spa Cenvaree with six treatment rooms designed for singles and couples, and a Kids’ Club.

Centara Passikudah Resort & Spa is located on a long sweeping portion of Passikudah Beach, whose shallow waters are ideal for windsurfing, kayaking and bathing.Room types include Superior, Deluxe and Premium Deluxe, Family Residence and Suites.Along with the all-day restaurant and an attractive bar lounge, the hotel will feature Spice Market Restaurant and Elements, with interactive cooking stations focusing on freshly

prepared Asian, Indian and Middle-Eastern dishes.The hotel will feature a Spa Cenvaree, a fitness centre, and a Kids’ Club.

Meetings and events will form an integral portion of the market mix featuring Vandeloos Bay Ballroom which can welcome up to 150 guests at one time and complemented by state of the art audio visual equipment and professional event specialists to assist guests and delegates in exceeding their expectations.

Centara Hotels & Resorts is Thailand’s leading operator of hotels, with 37 deluxe and first-class properties covering all the major tourist destinations in the Kingdom. A further 17 resorts in the Maldives, Philippines, Vietnam, Bali Indonesia, Sri Lanka and Mauritius Indian Ocean, brings the present total to 54 properties. Brands and properties within Centara ensure that specific categories such as couples, families, individuals, and meetings and incentives groups will all find a hotel or resort that is appropriate to their needs.

Centara operates 25 branches of Spa Cenvaree, one of Thailand’s most luxurious and innovative spa brands, together with its newly launched value brand Cense by Spa Cenvaree, which provides core spa services for busy travellers. The company’s Kids’ Club is available at all the family-friendly resorts to ensure that the youngsters and teens are taken care of. Centara Hotels & Resorts also operates two state-of-the-art convention centres in Bangkok, and two in northeastern Thailand, one being located in Udon Thani and the other in Khon Kaen For more information and reservations, please contact tel. +662 101 1234 ext 1 or e-mail to reservations@chr.co.th or visit our website at http://www.centarahotelsresorts.com

Thai-Swedish Chamber

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of Commerce Soldiers on with Property Initiative

he Thai-Swedish Chamber of Commerce is preparing a new issue of the exclusive Thai Property Guide (TPG). It is due to be launched this fall, part of a long-term effort in promoting Thailand for second home investment.

“Demand for a second home in Thailand is high among Swedish and Scandinavian citizens due to very high visitor numbers from those nationalities. Scandinavians are increasingly also moving to set up businesses and work in Asia, especially in Singapore and China. It is these prospective investors’ need for continued unbiased and reliable advice how to acquire property in Thailand that prompts us to produce a second and completely updated issue of this publication,” says Mr Kenneth Radencrantz, President of the Thai-Swedish Chamber of Commerce, TSCC.

on second home investment here is significant.

“This second edition of TPG will not only provide crucial information for foreigners looking for a second home in Thailand, it will also provide a rare gateway to this niche market for other related industries including travel & leisure, health & wellness, insurance, transportation, etc.” says Supakorn Kijkanakorn from Nishaville development, who currently supports TPG. The new publication will contain up-todate information on how to buy property, Thai property law and related subjects.

Also included are other relevant topics, for example medical insurance, medical care, international and Scandinavian schools and banking.

The purpose is to give not only Scandinavians but also all other foreigners Many Swedish and Scandinavian adequate and objective information about families have bought residential property, topics to be considered when investing in including condos, in Thailand and we a second home in Thailand. at TSCC see continuing interest. We Chamber of estimate that more than 20 000 Swedes The Thai-Swedish alone have invested in a second home Commerce launched its property in Thailand at a value estimated to 100 initiative back in 2008 with the Best Practices Guide for the Property billion Baht.

Sector in Thailand. Then the initiative Every year about 450 000 Swedes, continued with the new Thai Property as well as many other Scandinavian Guide published in 2011. We are the tourists, arrive in Thailand. Many of only foreign Chamber of Commerce that them would like to spend 3-6 months or provide this kind of advise to foreigners. more in Thailand every year (and some are already doing so), particularly when “Our publication is unique. It is the only they reach retirement age. Thus the such guide backed up with full support increasing interest to acquire a second from a foreign chamber of commerce home in Thailand. Buying property in Thailand. TPG is neutral and factual, there is not easy, however, and may a valuable tool for any foreigner in have consequences not anticipated. The need of advice how to acquire property need for genuine, relevant information in Thailand,” states President Kenneth

Radencrantz of TSCC. Aside this core product the initiative functions as an advocacy for the promotion of a positive, secure and solid second home abroad market in Thailand.

A meeting point for residential buyers and sellers and forum for knowledge exchange; it has its online communicative platform via www.swecham.com/ property.

For questions and more information about TPG 2012 please contact: Executive Director Peter Björk, director@swecham.com, Telephone: +66 2354 5229, Mobile +66 897740118

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Hua Hin Today

Volume 9 issue 9 July 2012

Hua Hin Today

Volume 9 issue 9 July 2012

Thai Property News

Baan View Viman Hua Hin

Thai Regional Airlines

Suvarnabhumi to Hua Hin Scheduled Flights

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From Left to Right : 1. Mr.Amnuay Karnjanopas, Director of SittaromResidence 2. Mr. Apichapramote Laksanaprom, Director ofSittarom Residence 3. Mr.Kasidit Manopinives, Managing director ofSittarom Residence 4. Mr.Suvarn Thansathit, Deputy managingdirector of Bangkok Bank 5. Mr.Than Siripokee, Assistant managing directorand director of urban retail business of Bangkok Bank 6. Ms.Nopakraw Kijpanont Manager of the fourregion urban retail business of Bangkok Bank

to officially support the “Baan View Viman HuaHin” with Kasidit Manopinives , Managing director of Sittarom Residence; ApichapramoteLaksanaprom Director of Sittarom Residence; Amnuay Karnjanopas, Director ofSittarom Residence; Suvarn Thansathit , Deputy managing director of BangkokBank; Than Siripokee, Assistant managing director and director of urban retailbusiness of Bangkok Bank and Nopakraw Kijpanont , Manager of the four regionurban retail business of Bangkok Bank participated at the signing ceremony.

For more information please contact: Kanokrat and Friends Co., Ltd. (PR Sittarom Residence Co.,Ltd. and Bangkok Consultancy firm) Bank Plc hassigned a financial agreement Tel 02-2842662 Fax: 0-2284-2291-2 Website: www.kanokratpr.com

Analysts give Thailand property market mixed card Bangkok’s new city plan tries to reduce urban density.

hai Regional Airlines, new premium service airlines, starts to operate it´s direct flights from Suvarnabhumi airport (BKK) - Hua Hin airport (HHN).

Hua Hin airport, located about a 15 minutes drive North of the Hua Hin town centre, holds the crown as the most beautiful airport in Thailand with its gorgeous natural surroundings. Thai Regional Airlines assumes their light frequency suitable to serve Hua Hin. The flight to Hua Hin is scenic thanks to the low flight altitude and the gorgeous Thai landscape.

Check-in time is 35 minutes before departure. Departures and arrivals to and from Bangkok at present use Suvarnabhumi International Airport which makes connections for international flights easier. Groups, or individuals, are met at the airport arrivals point, taken to the plane and then ferried by limousine to the hotel after landing. The flight takes approximately 35 minutes.

Our aircraft is a multi-

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“Thailand should have superblocks or more flexible FAR zoning, with higher FAR near public transportation to attract property development,” Mr Thongchai told a property seminar last week.

Thongchai suggested FAR rights be transferable so that a high-rise project developer could buy FAR from a nearby development with additional FAR. Assoc Prof Noppanan Tapananon, a city planning expert, said the plan was designed for the benefit of the city even if some developers disagreed with requirements such as road width.

According to predictions from the Finance Ministry, the property market will grow 5.2 per cent this year which correlates with overall GDP growth of 5.5 per cent.

engined plane functioned with full fill of safety and highest reputation.

A large and spacious cabin makes you very comfortable all along the journey. Safety and quality are embedded in all aspects of our operations. We adhere to a safety management system in all our departments. We are fully compliant to Department of Civil Aviation (DCA) rules and regulations also all of our Captains hold an Airline Transport Pilot License.

Flight Schedule : Mon – Wed – Fri – Sat – Sun BKK to Hua Hin dep. 9:50 / Hua Hin – BKK 13:30 Prices are starting up promotion THB 1,990 One way (All included) and Child under 2 free of charge. Effective: NOW. Passengers can make online booking through www. thairegionalairlines.com directly. Call Centre: 090 779 2779 , 090 779 3779.

Besides the scheduled flights to Hua Hin, Thai Regional Airlines can provide independent air charter to Huahin and many other destinations in Thailand.

Thailand’s LH Bank joins the big players

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nalysts are confident that Thailand’s property market will recover in line with the general economy this year but will be hampered by regulations.

According to the Bangkok Post, the president of Noble Development Plc, Thongchai Busrapan, expressed concerns that regulations, down payments, and price supports will hamper growth in an otherwise healthy market.

Many of the country’s top developers believe the new city plan, which follows US models, will reduce urban density.

The Post reported that Thailand’s floor-area ratio (FAR) determines the size of a building compared to the land on which it is built. That means a 1:10 ratio means one square metre of land can have 10 square metres of building on it.

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trong demand for project finance has resulted in a loan portfolio for infrastructure syndicated loans to be issued by Land and House Bank (LH Bank). As a small bank, it has the flexibility to join large investment projects with big players.LH Bank aims for a rapid growth rate of 25 per cent in its loan portfolio, over the year, with assets rising from THB90 billion US$2.9 billion to THB100 billion US$3.2 billion Over the last six years, LH Bank has reduced its loan portfolio in the real estate sector, it core banking business – including commercial loans and mortgage finance, from 80 per cent of total outstanding debt to 40 per cent, confirmed president Sasitorn Pongsathorn.

The outstanding loans value totalled THB61.3 million US$2 million in Q1 2012.Outstanding value in housing loan stands at THB 28.7 billion US$913 million – comprising 55 per cent pre-finance and 45 per cent post-finance.

LH Bank expects to balance both sectors as well as allocate a loan portfolio to wholesale

banking business in other industries on a risk-diversification basis.“We’ll focus on syndicated loans for infrastructure projects,” said President Mrs Sasitorn who believes strong loan demand for project finance should present more opportunities for the bank. LH Bank signed a syndicated loan agreement with Industrial Bank of China and Kasikornbank which funded credit line facilities of THB2.46 billion US$78,245 to Electricity Generating Plc (the Egco Group). Revenue will go towards three solar farm projects featuring sun-tracking systems, the first such privately owned projects in Thailand. Half of the credit line was awarded to the infrastructure project.

Another area to be given attention is upcountry commercial loans, particularly in logistics and warehousing.“Higher provincial loan demand and more market segmentation requires we decentralise from Bangkok,” said president Sasitorn. Shares of LHBANK closed on the Stock Exchange of Thailand at THB1.31 US$ 0.04 on Friday, according to the Bangkok Post.

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Asia Property News U

eal estate markets in the Asia Pacific region are likely to see varying fortunes in the coming months as various government policies continue to affect the sector, according to Knight Frank.

Continued government intervention in property markets across Asia has proved effective, as lending restrictions, additional taxes and protection from hot foreign money has led to a quarterly drop in mainstream prices across Malaysia, Taiwan and Singapore, its latest report shows.

China, the largest housing market on the planet also continued to see prices on a downward trend, with the central government resolute in managing a soft landing. India, which is facing a stuttering economy, also saw prices turn negative over the last three months.

In contrast to these drops however, Indonesia continued to see price rises on the back of rising incomes and urbanisation, reflecting an underlying demand for quality accommodation.

Similarly, housing markets in New Zealand and South Korea also experienced solid price appreciation over the quarter.

Australia continued to see its housing market deflate with the fifth consecutive quarterly price fall and Japan saw a continuation of the long term price falls.

The Chinese market is expected to continue to soften, however if economic data indicates a significant weakening in the economy over the year, the central government could ease some measures to stimulate activity, says Knight Frank.

Similarly in Malaysia, expectations are for prices to remain steady over the coming months, with the possibility of a modest

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o celebrate the receiving of Silver Certificate from EarthCheck – The leading benchmarking, certification and environmental management program used by the travel and tourism industry, Jacques Mury (1st row, 10th from left), General Manager of Centara Grand Beach Resort & Villas Hua Hin, recently led his management team and staff of the hotel

open office in Hong Kong

S-based Millennium Partners, an internationally recognized developer of luxury mixed-use properties recently announced the opening of its first international office, located in Hong Kong.“As home to one of the fastest growing markets in the world, it is clear that Asia is the place to be, both now and in the coming years,” said partner Richard G. Baumert. “The opening of Millennium Partners’ office in Hong Kong greatly enhances our ability to support our local partners and owners in Asia, to work more closely with them, and to extend our reach into these exciting and rapidly emerging new markets.”Over the last few years, Millennium Partners has worked aggressively to establish unique relationships with key influencers and recognized groups in Shanghai, Guangzhou, Beijing, Taipei, and Hong Kong, enabling the company to execute localised, culturally sensitive campaigns that raise the profile of Millennium Partners and Millennium Tower in the Asian marketplace.

Driven by strong interest and sales from the Asian community in the company’s US properties, especially its latest project in San Francisco, Millennium Tower, the developer plans to introduce additional luxury residential developments in various US cities to the Asian markets, including the soon-to-be launched Millennium Place in Boston.“The launch of Millennium Partners’ Asia office represents

decline through the remainder of 2012.

In Singapore, given the large amount of supply coming onto the market, along with existing unsold inventories, prices of private residential properties are expected to continue to correct through 2012.

Indonesia is expected to continue to experience strong demand, although the effect of the new minimum down payment of 30% for mortgage loans from June 2012 could have an effect on performance, particularly in the middle to low end segments.

In Thailand, despite large amounts of supply, increasing labour, construction and land costs are being passed on from developers to purchasers, with modest price increases likely to continue through the year.

In Vietnam, with inflation moderating, the market is looking at bottoming out and could see a pickup in activity if interest rates are able to be eased further.

In Hong Kong, buyers are expected to remain more reluctant to make purchase decisions, amid uncertainty in the world economy. House prices are expected to therefore soften during the year, but at a modest rate, given limited supply.

India is likely to continue to see an uneven year, with the cities that experience high levels of speculative demand likely to be more volatile than those based primarily on end user demand. he local currency return for Asian In Australia, with sentiment remaining weak, commercial property investment was 8.4 the market is hopefully looking to a further interest rate cut to potentially stimulate per cent in 2011, reported the IPD Pan Asia demand and bring about a pick up in volumes Return Research (PARR).

Year-on-year, this was an improvement than and prices. the rate of 6.6 per cent in 2010.The Pan Asia 2011 return combines an income return of 5.6 per cent with a capital growth of 2.7 per cent.

IPD have conducted their largest sample of Asia investment property, to date. Research was sponsored by Invesco Real Estate and J P Morgan and included China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Singapore, Taiwan, and Thailand. The largest sample of Asia investment property and includes assets worth US$244.3 billion – a growth of 20 per cent, year-on-year. The annual research increases transparency, promotes better governance, and aids improvements in best practices across local property markets throughout Asia. Dr Kevin Swaddle, managing director of IPD Asia said: “While most of Asia’s property investment markets improved a little last year, the Chinese markets soared with a return of 18 per cent. Still, there was a wide range of returns included in the 2011 Pan Asia composite, from a high of 22.3 per cent for Hong Kong to 3.4 per cent for Japan.

The continuing poor performance in Japanese to clean the beach and the Damnernkasem property, the largest segment of the index, will public road heading to the beach. On this be of little surprise to investors. special occasion, Mr. Mury also presented “Some of the markets are up on last year, Garbage Bins for the public beach to Hua and a few down. But the key finding is that Hin Municipality, which was represented by the top three markets are all influenced by Nattapol Wantanaphuti (1st row, 7th from China: Hong Kong, the Mainland itself and Taiwan.”Thomas Au, director, head of Asia right), Clerk of Hua Hin Municipality.

Real Estate Research at Invesco Real Estate

Earthcheck “Silver” Certified

Volume 9 issue 9 July 2012

US Milleninnium Partners

Asia Pacific property markets face varying outlook for rest of 2102

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Hua Hin Today

an ideal convergence of opportunities for our partners and for discerning owners,” added Baumert. ” It is a great opportunity to take advantage of the favourable real estate prices in the US compared with many Asian cities, and to access residential developments in the most culturally diverse cities.”

PD Pan Asia Return Research reveal results

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Asia said: “The solid performance reflects strong fundamentals of the APAC market. The wide range of returns across different markets and sectors suggest that there are many different opportunities available for investors in this region.”

Presently, Asia returns yield higher than those in Europe.“Values in Asia, and their continuing growth, are in doubt, but the previously stable income holds of Europe offer little better risk aversion potential. The US is still seeing strong double-digit returns, but this is not expected to continue next year. In the current global market it is becoming more and more difficult to find safe havens,” said Dr Swaddle. The weighted local currency Pan Asia return, over the previous five years was 6.2 per cent per year – combining an annual income return of 5.3 per cent and an annual capital return of 0.9 per cent.

Hong Kong rated consistently top with an annualised return of 16 per cent, per year.

Japan had the lowest return at 1.6 per cent, per year. Both countries have occupied the top and bottom positions, over two, three and four years annualised. Significantly ahead of office returns, retail property had an annualised return of 8.5 per cent over the five-year span. Office returns achieved 5.9 per cent. David Chen, managing director, Head of Global Real Assets – Asia at J.P. Morgan Asset Management said: “The data illustrates why we believe the property markets offer attractive opportunities to harness the growth in Asia.”The research will be announced throughout global events in: Tokyo, Seoul, London, Shanghai, Hong Kong, Kuala Lumpur, and Singapore.

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Volume 9 issue 9 July 2012

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16

GOLF & SPORTS

Ace lifts Mathis to PGA lead as Webb, Bubba lurk

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ustralian Nathan Green, Sweden’s Fredrik Jacobson and American Will Claxton shared second on 65 with 10 rivals another stroke adrift, including new US Open champion Webb Simpson and US compatriot Bubba Watson, the 2012 Masters winner.

Mathis, who began on the back nine, opened with a birdie and then aced the par-3 11th and followed that up with birdies on three of the next four holes to reach six-under after six holes.

He answered a bogey at 18 with a birdie at three and a bogey at the par-3 eighth by closing with a birdie to sit atop the leaderboard for the first time since last year’s opening round at Memphis.

“I was hitting a lot of great shots,” Mathis said.

“To make a hole-in-one at 11 and a long putt on 12 just really got me jump-started for the day.”

The ace was his shot of the day.

“We were just trying to cut a 9-iron in there to that back right pin and I hit it just pretty much perfect where we were looking to hit it. It kind of bounced a little right and went right in the hole. It was cool.”

Mathis, who missed the cut in 10 of his first 11 events this season, isn’t thinking about a title just yet, however.

Volume 9 issue 9 July 2012

Banyan Golf Club recently held its annual Club Championship for all members of the club

David Mathis fired his first hole-in-one at a US PGA event on the way to a six-under par 64 and a one-stroke lead after the first round of the Travelers Championship.

“I’ve been in this spot before, but there’s so much golf left, you’re just thankful to play a solid round. It’s all about trying to build on it and being there toward the end and giving yourself an opportunity to win.”

Simpson, coming off his first major title last week at The Olympic Club in San Francisco, decided to play this week as he planned to repay the loyalty shown to him in 2008 as a young player out of college when sponsors gave him an exemption to participate in the event.

Sponsors paired him with Watson and 2011 PGA Championship winner Keegan Bradley in a trio of reigning major champions from the United States.

“It was fun,” Simpson said. “It took a lot of pressure off me because I’m not the only stand-out guy in the group. It did relieve a little stress.”

Simpson opened with a birdie and added another at the par-5 sixth. He had back-to-back birdies at 12 and 13 and another at the par-4 15th before his lone bogey of the day at the par-3 16th.

“I’m definitely pleased,” Simpson said. “I knew it was going to be a tough round to come out and really focus and put last week behind me.

“But we got off to a good start as a group, two of us birdied No. 1, and it was just fun playing with those guys. We just kind of fed off each other and just played a good solid round.”

And for the first time, Simpson was introduced as a US Open champion.

“That was pretty cool on the first tee,” Simpson said. “I never really dreamed that I would hear that, but when I heard it, I kind of smiled inside.”

Hua Hin Today

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he course maintenance team had been busy in the weeks prior to the event getting the playing condition up to tournament level to ensure all golfers enjoyed close to professional standards.

The Club Championship is now in its second year and must be considered as one of the clubs main events, and the winners (both men & women) have their names engraved on the Club Championship trophy as well as on the Club Champions Wall in Mulligan’s Pub. The golf was followed by a Prize-giving BBQ whew the management & team members

were on standby to welcome the new Club Champions. Club General Manager, Stacey Walton commented, “It’s great to see the club members participate in the Club Championship.

This is club history in the making as over the coming years, more & more names will be added to our Champions Wall of Fame.

Congratulations to our 2012 Champions. We hope to see them back next year to defend their hard earned titles” The Banyan Club Champions for 2012 are; Ladies: Khun Ampika Sangwichai Men’s: Manfred Lanter

GOLFER AT THE DENTIST

This one may bring a little mist to your eyes...only a golfer would understand

A man and his wife walked into a dentist’s sir?” office. The man said to the dentist, “Doc, I’m in The man turned to his wife and said, “Open one heck of a hurry I have two buddies sitting your mouth Honey, and show him........” out in my car waiting for us to go play golf, so forget about the anesthetic, I don’t have time for the gums to get numb. I just want you to pull the tooth, and be done with it! We have a 10:00 AM tee time at the best golf course in town and it’s 9:30 already...

I don’t have time to wait for the anesthetic to work!’

The dentist thought to himself, “My goodness, this is surely a very brave man asking to have his tooth pulled without using anything to kill the pain.” So the dentist asks him, “Which tooth is it

Preserve Hua Hin Marathon P

Banyan Golf Club’s

Director of Operations, Stuart Daly explains: “Our members & regular visitors are always asking us to create new events for them to try out and this is exactly how Power Tee was born. At first a concept is created, but intimately, it is only after we have tried it out with golfers that we know if it works. Power Tee was played as a 9 hole round where golfers had to play 2 Black tees, 2 White tees & 2 Red tees in the first 6 holes. The final 3 holes could be played from any tee they choose. Regular Stableford points were awarded for play from the Red Tee, and 1 & 2 extra bonus points were awarded for player from White & Black tees respectfully.

The white & Red tees were strategically placed

to give golfer a real sense of Risk & reward golf. Players could choose to drive shorter Par 4’s from the whites or red, and take on the Par 5’s in 2 shots. All with knowledge of bonus points on offer. It was s lot of fun, and we had golfers of all levels playing, from Tour Professionals to complete beginners. The feedback was great and this is a format we will certainly be doing again in future. It gives golfers a completely new sense of playing a familiar course, as they are forced to play from tee boxes they may not otherwise play. Scores ranged from 34 points to 22 points (9 holes!!)

Stay tuned, you will certainly be hearing more from “Power Tee” at Banyan Golf Club

reserve Hua Hin Rock’n’Roll Pasta Party for Mangrove Reforestation – Hin Lek Fai Hill The Preserve Hua Hin Group held a fundraising Rock’n’Roll Pasta Party at the Hin Lek Fai Hill viewpoint overlooking Hua Hin on May 5. The funds generated are earmarked for a Mangrove Reforestation and the development of a Mangrove Ecosystem Education project at Wat Khao Klai Lat in Khao Takiab, Hua Hin. Three bands entertained the audience including the Tang Kay Rumble Classic Rock Band, the Khun Buay Country Rock Band, and the Diggity Remedy Acoustic Rock Band.

The party took place the evening before the Preserve Hua Hin 9th Annual Heavy Half Marathon and included an Italian pasta buffet catered by Chiva-Som International Health Resort, and beverages by Hua Hin Hills Vineyard and Singha Beer.

Preserve Hua Hin 9th Heavy Half Marathon & Fun Run The 9th annual Preserve Hua Hin Heavy Half Marathon & Fun Run took place in the early

morning on Sunday, May 6, 2012. Once again it was the collaboration of the Preserve Hua Hin Group, Prachuab Khirikhan Provincial Authority, Hua Hin Municipality, and local public and private sector organizations. The objectives of this year’s marathon were to celebrate the 84th Birthday Anniversary of His Majesty the King, raise awareness on environmental and social sustainability, and motivate the public to engage in physical fitness for good health and longevity.

Beginning and ending on Hin Lek Fai hill, runners faced the grueling challenge of running down and back up the 800-meter steep incline to finish the race, and over 1,000 individuals participated in this year’s event.

Male and female categories of various age groups included 21.1 km, 10.55 km and 3 km.

Commemorative medals and T-shirts were given to all participants. Refreshments were provided by the sponsors and Chiva-Som massage therapists were on-site to provide their soothing expertise to the runners’ fatigued muscles after the race.

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Volume 9 issue 9 July 2012

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18

Residency

Hua Hin Today

Volume 9 issue 9 July 2012

Hua Hin - a rapidly growing community GreenScape & Black Lotus Development on Soi 112 - Highlights

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egal Property Partners Co.,Ltd., is one the largest homebuilders and developers of exceptionally master planned urban housing communities in Hua Hin for the last decade. As a pioneer of Master Planned Communities (MPC), Regal Property Partners Co.,Ltd stands committed to the development of an upgraded line of residential community projects.

The properties are a combination of strategically located and wisely planned land use, offering diverse opportunities integrated into single, a self-contained environmentally responsible community.

Homes that feature designs of enduring excellence and recognized value, cultivate a balanced, healthy, and active community life that fosters values and goodwill among homeowners in balance and in harmony with nature to maintain a core of high-calibre professionals whose individual expertise ensures the effectiveness and efficiency of the company’s operations.

Regal Property Partners Co.,LTD, have not only concentrated in building houses but it has always been about building homes for families.

Now, on the rapidly developing Soi 112 with a planned 4lane road to the by-pass highway which connects Hua Hin to Bangkok and the South, developments like GreenScape and Black Lotus will be high in demand.

With increasing land prices in the not to far future, investments in such projects will proof profitable.

Hua Hin is without doubt a fast growing community with multiple developments picking up the pace.

For more information on these developments, call : Regal Thailand, Office: 58 Naresdamri Road, 77110 Hua Hin. Tel: +66 (0)32 511 535 - Fax: +66 (0) 511 534 – Email: info@regalthailand.com Web:www.regalthailand. com

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