Many investors in Singapore are looking at overseas properties as far away as Australia and the UK for their second home, but what about the Caribbean?
Baha Mar (pictured), the largest single-phase resort development in the Caribbean is planning to launch its luxury residences in Singapore from 29 June to 1 July 2012 and expects to see strong interest among Asian buyers.
“Baha Mar is a special creation years in the making and will be a new game changer in the global luxury travel and entertainment industry. We are excited to launch sales soon in Singapore,” said Sarkis Izmirlian, Chief Executive and Chairman of Baha Mar.
Located in Nassau, the Bahamas, the 1,000-acre, US$3.5 billion (S$4.4 billion) resort, gaming and entertainment complex is expected to open in late 2014.
Within the resort, Baha Mar plans to develop 300 highly exclusive, ultra-luxurious residential condos and villas that are available for private ownership.
Richard English, Senior Vice President of Sales and Marketing said the development is designed “to make the most sophisticated modern Asian guests feel at home and it is also an incredible investment opportunity for discerning global investors”.
Apart from Singapore, the Baha Mar development will also be launched in Hong Kong, China and London.
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