INFINITY SAMUI APPOINTS CB RICHARD ELLIS AS PROPERTY MANAGER

Infinity Properties Company Limited & Vertuz Development Limited recently appointed CB Richard Ellis (CBRE) Thailand as the property manager for Infinity Samui, a newly completed low-rise luxury apartment development in Koh Samui. Infinity Samui is located on the hillside of Mae Nam on the northern part of Koh Samui. The development is approximately 20 minutes from Samui International Airport and next door to Santiburi Golf Course. Located on a 10 rai site, Infinity Samui comprises 67 modern-designed apartments, each unit offering panoramic sea-views. The units are designed with bright and spacious interiors leading onto wide open terraces with private pools. Common facilities include a squash court, fitness room, sauna and swimming pool. Infinity Samui has proven to be a popular choice among investors who are appealed by the modern design of the development, the tropical lifestyle that Samui offers, as well as the potential for capital gain in Thailand’s resort markets. A limited number of units remain for sale, ranging from THB 19.63 million for a two-bedroom duplex to THB 33.23 million for a three-bedroom apartment. “We are extremely pleased to be appointed as the property manager for Infinity Samui and which is regarded as one of the few high-end apartment developments on the island. This is a further step in the expansion of CBRE’s property management services in resort residences. Property management is an integral part to enhancing the capital value of properties and we look forward to achieving this at Infinity Samui,” said Mr. James Saunders, Director of CBRE Phuket. A team has been set up to manage the newly completed apartment development starting in 2011 and staff will be stationed on-site from 1st April 2011. Residents will enjoy quality living at Infinity Samui with professional property management services which will take care of their properties when occupied and when they are away. As popular resort destinations such as Pattaya, Phuket and Hua Hin are getting more developed, Koh Samui has become a get-away for those seeking more privacy and unspoiled beaches. The Phuket property management team will oversee the management of Infinity Samui. CBRE Phuket is widely recognised as the leading property manager in Phuket since the establishment of the Phuket office in 2004. CBRE currently manages over 25 properties in Phuket, ranging from condominiums, apartments, villas and land and has dealt with various technical challenges and developed systems and procedures that adopt international standards and best practices suitable for use in the Phuket market. In Samui, CBRE has been appointed since January 2008 to manage the Samui Park Avenue, a 2,900 sq.m. retail arcade located within Samui International Airport. The appointment by Infinity Samui marks CBRE’s expanding property management base in the market. Globally, CBRE manages over 2.5 billion sq.m. of space For further information: Ms. Ngamjai Jearrajarat Manager Marketing and Communications - Thailand 66 2 654 1111 ext 522 [email protected] Click for photo release at www.thaipr.net

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