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Kamala Falls Rises

Sunday, November 18, 2007
KAMALA, with its quality cliffside projects and village lifestyle, is growing in stature and quality. Patong, it seems, is in retreat, which some people will say is probably no bad thing.

And so above Kalim beach lies Kamala Falls, a development on 16 rai that offers 97 condominiums, plus six spacious villas, being sold now off the plan. Within 18 months there will be a clubhouse (with a tennis court on the roof), restaurant-bar, spa, shops and a management office.

The land has been cleared and tiered and foundation work begins in September with completion scheduled for December 2008 and an extra three months allowed for finishing off the resort infrastructure and landscaping.

It's little wonder that Kamala is proving the more dominant influence when it comes to development along the coast. Andara, Nakatani Village, Samsara, Jom Chang, Laem Son, Kamala Regent and Trees Residence are ?? among the admirable projects mentioned by Ben Daniel, Managing Director of Lotus Trinity.

Lotus Trinity has teamed with SOCON, the company that provides the land and construction expertise for Kamala Falls.

"We work together on architecture, construction schedules, contracts and laison with government, both adding our expertise to the delivery of this resort to our clients," says Mr Daniel.

Kamala Falls is offering large homes. The villas are 730 square metres and the condos range from 672 square metre penthouses down to 80 square metre one-bedroom apartments.

"Even the smallest units have good-sized covered terraces," says Mr Daniel. "Every unit also has its own designated parking space."

The attractions don't stop there. Although there are many private pools, there are also "a number of excellent communal pools with the main one running over 100m in length."

Shuttle services will also be available to run residents down to the beach at the Thavorn Beach Village and Spa and directly to Kamala Beach.

Kamala Falls is "contemporary Mediterranean in style, with a touch of Thai." It's all about the Vs: Views, variety and value, he adds.

"There is a lot of very useable space and a focus on inside-outside living with every unit enjoying covered terraces for all-weather use," Mr Daniel says. "We use local natural materials combined with lots of water features."

He anticipates about 30 percent of the apartments will be purchased for exclusive use and "about half of those lived in all year round."

"The rest will be mixed or rental only investment properties," he adds. "The location and style of this resort is very popular and attractive to rental clients."

Phuketwan asked Mr Daniel a couple of tough questions:

Do you think the property business on Phuket will get better or slow down?

I think the property market will focus more on what I believe are the core property investments in Phuket -- luxury condominiums and super-villas. The leasehold-only and other mid-range developments could have a tough time over the next couple of years.

What do you see as the big advantages of Phuket property? Phuket is successful because it is a beautiful place, with lovely people and easy access from the main Asian flight hubs. Infrastructure, roads and telecommunications here are solid and you can get almost anything you need anytime you need it. It is a safe place where you can work or play with your wife and family or your most outrageous friends. There is something for everyone and they all need somewhere to live.

What do you see as the major issues facing the property industry right now?

Ownership restrictions mean there are many other countries in this region where it is safer and easier to own property.

Financing is difficult because of the ownership restrictions. Banks cannot get adequate security against property so set-up charges and interest rates are high and therefore unattractive. The banks are also not equipped with the experience to build or manage strong risk portfolios and create liquidity in the market. This severely slows down investment in the property sector.

Thai-run companies need the support of foreign businessmen and women to improve their appeal to foreign clients and raise the levels of service and delivery to match their expectations. Only by working together can these barriers can be brought down and equality in business be achieved.

For more about Kamala Falls call 076-385275 or contact Ben Daniel direct on 089-6451509. Email ben@lotustrinity.com or SKYPE: beninphuket

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