La Reserve Residences – Royal Phuket Marina’s new offerings of 1, 2 BHK condos

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Launched in March 2012, by Royal Phuket Marina Residential Development, La Reserve Residences consists of a 40-unit, two-building condo offering of deluxe one and two-bedroom condos within the Royal Phuket Marina development. The condos feature sophisticated interiors fusing tropical modernity with lavish yet functional design elements to provide all the privacy and space one needs to live in style.

Each building features its own rooftop sky pool allowing residents to stretch out on cushy daybeds while taking in views of Phang Nga Bay. All residents get unlimited access to their buildings rooftop infinity-edge Sky Pool and private barbecue area. Ground-floor units enjoy their own private wraparound tropical gardens, whilst the upper-floor units have pristine views of Phang Nga Bay as well as the marina and waterways.

ONE BEDROOM CONDOS: The one-bedroom condos range from 49 to 63 square metres of combined indoor and outdoor space with the ground floor units opening onto lush private gardens. All units feature ensuite guest bathrooms with dual access so that guests can gain entry without having to go through the bedroom. The décor is modern with sophisticated Thai accents, and balconies allowing residents to enjoy the cool tropical nights. Residents of the one-bedroom condos have the convenience of a full-function kitchen for cozy dinners.
Specifications:
Area: 49 to 63 square meters
Pricing:
48.50 sq mts: THB 49,90,000 (USD 164,000; SGD 205,000)
49.60 sq mts: THB 52,90,000 (USD 173,000; SGD 217,000)
63.05 sq mts: THB 54,90,000 (USD 180,000; SGD 225,000).

TWO-BEDROOM CONDOS: The two-bedroom condos at La Reserve Residences feature spacious, comfortable master bedrooms, while the guest bedroom is also ensuite. The guest bathroom features dual access directly from the living area as well as from the bedroom. With the added indulgence of 83 to 140 square metres of combined indoor and outdoor space, the unit features a spacious kitchen to feast in style with friends and family in the generous dining area.
Specifications:
Area: 83 to 140 square meters
Pricing:
83.10 sq mts: THB 8290,000 (USD 272,000; SGD 340,000)
102.87 sq mts: THB 8990000 (USD 295,000; SGD 368,000)
139.44 sq mts: THB 8990000 (USD 295,000; SGD 368,000)

Ownership types:
The condos at La Reserve Residences are available for foreign Freehold with an additional 10% of the purchase price.

Leasehold ownerships are available by signing a Leasehold Agreements for 30 years with 2 additional 30 year renewal periods (90 years in total).

Payment Terms:

Buyers need to pay a non-refundable deposit of THB 60,000 upon signing the Reservation Agreement and thereafter a down Payment of 25% less deposit upon signing the Sale & Purchase Agreement or Leasehold Agreement (within 30 days after the reservation date).

The second payment to be made is 25% of the sale price at the date of the completion of the building foundation. The third payment of 20% is to be made after the completion of the superstructure, while the 4th installment of 20% is to be made at the date of the completion of the interior fit-outs. The final installment of 10% is to be made on the date of the Title Deed Transfer / Registration of the Leasehold contract with the Land Department.