5 New Residential Developments in Southeast Asia to Watch For in 2020

Posted in Market Report

With the sky-high price tags of Hong Kong’s residential properties, coupled with the political unrest and on-going trade war between China and the US, Hong Kong’s property investors have been shifting their focus towards Southeast Asia’s growing markets — from Malaysia to Philippines, Vietnam, Singapore, Thailand and Cambodia. Looking to expand your portfolio this year into Southeast Asia? We’re rounded up five notable residential developments that you should be keeping your eye on. Scroll down to find out what they are.

8 Conlay, Kuala Lumpur, Malaysia

Situated between Kuala Lumpur City Centre and the bustling Golden Triangle neighbourhood, 8 Conlay is an ultra-luxury, mixed-use development by KSK Land designed to deliver an elevated lifestyle experience that redefines luxury living within the region.

The three-tower complex comprises two twisted residential towers linked by two sky bridges (slated to become the tallest in all of Southeast Asia upon completion), a lifestyle retail podium, and Malaysia’s first and only five-star Kempinski Hotel. Residents of the YOO8 serviced residences will not only enjoy world-class design from award-winning firm YOO, but also fabulous facilities such as the Water Lounge and the Green Refuge, as well as Kempinski Hotel’s signature hospitality services including concierge, butler, private chef, housekeeping, tailoring and even massage services.

Floor plan sizes range from 700 sq. ft. to 1,328 sq. ft., with prices that fall approximately between RM2.27 million (approx. HK$4.3 million) and RM4.65 million (approx. HK$8.8 million).

Hyde Heritage Thonglor, Bangkok, Thailand

Those who enjoy Art Deco design mixed with New York City flair will adore Bangkok’s Hyde Heritage Thonglor, which boasts a sophisticated architectural design inspired by the iconic skyline of the Big Apple. The condominium project — realised by Thai-Japanese developer group Grand Star Company Limited — is scheduled for completion in 2022, housing 311 units of 1, 2, 3 bedrooms, as well as duplex penthouses within its luxurious 45-storey structure.

Designed for modern living, each suite features a splendid interior with high ceilings and large floor-to-ceiling windows that give you a sweeping view of the city, day and night. A practical and refined aesthetic in its kitchens and bathroom areas offers a perfect balance of style and function for discerning residents.

Unit sizes start from 431 sq. ft. (1 bedroom) and are priced at approximately HK$3,028,759 onwards.

Oxley Towers, Kuala Lumpur, Malaysia

Situated along Jalan Ampang in close proximity to the the iconic Petronas Twin Tower and Kuala Lumpur Convention Centre, Oxley Towers is set to be the next beaming addition to the iconic skyline of the Malaysian capital. The freehold, mixed-use development is a project of the Singapore-based Oxley Holdings, featuring two modern towers that include a 29-storey Grade A office block, a 78-storey So Sofitel luxury hotel and serviced residences/condo, as well as a 49-storey Jumeirah luxury hotel and serviced residences/condo.

The Jumeirah tower, in particular, will house 181 hotel rooms and 267 residential units; the So Sofitel tower, on the other hand, comes with 207 hotel rooms and 590 residential units. Residents and visitors will have easy access to world-class shopping, dining and lifestyle experiences at the two-storey retail galleria, The Boulevard, located right below, which brings some of the best names in the world of retail, services and hospitality.

Floor plan sizes start from 541 sq. ft., priced starting from HK$2,950,814.

The Albany, Ho Chi Minh City, Vietnam

Those seeking unparalleled luxury in Ho Chi Minh City can place their bet on The Albany, which is widely dubbed as the most exclusive, intimate and luxurious of all the residences on offer at Thao Dien — the private residential area considered to be one of the most sought-after addresses in the city. The entire neighbourhood is made to resemble European villages, populated by quaint little outdoor cafés, world-class restaurants, high-end designer boutiques and, of course, internationally-acclaimed schools and institutions.

Only 22 residences are available in the 8-storey building, which includes three- and four-bedroom bespoke residences (sizes range from 2,134 sq. ft. to 3,175 sq. ft.), as well as penthouses on the top floor that come with their own stunning private rooftop pool and tropical garden. There is also one 3-bedroom residence on the ground floor that comes with a private pool and garden. Thanks to its distinctive location, residents at The Albany will also get to enjoy stunning views of the Saigon River and lush green landscapes, along with facilities and services including the fitness centre, swimming pool, as well as housekeeping, gardening service and 24/7 security and reception to make sure each and every resident is taken care of at all times.

The Peak, Phnom Penh, Cambodia

Located right in the heart of Phnom Penh along the Mekong River, The Peak is a joint venture of the Singapore-based Oxley Holdings, Cambodia-based Worldbridge Land, CapitaLand and Shangri-La featuring a three-tower mixed-use development — including two residential towers with one- to four-bedroom apartments and another that splits between Grade A offices (14/F – 28/F) and the five-star Shangri-La Hotel (29/F – 45/F) — set atop a five-storey luxury shopping mall filled with specialty shops, exciting restaurants and more.

Residents at The Peak will be able to enjoy a stunning, uninterrupted view of the entire Phnom Penh City, the Diamond Island and, of course, the Mekong River right from the comfort of your own balcony. There are also two sky decks on levels 14 and 55 (roof deck), filled with lush green landscapes and swimming pools, along with a game room, gymnasium, gourmet function rooms, kids play pool and more for a blissful escape from the city.

Cindie Chan