BANGKOK REPORT (Part I) MARCH 2011

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(Part I) CONTENTS Hansar Bangkok Hotel (Bangkok) Novotel Bangkok Fenix Ploenchit Hotel (Bangkok) Glam Rock Store at CentralWorld (Bangkok)

Hansar Bangkok Project Overview Hansar Bangkok is the city s newest boutique hotel and condominium which is generating a buzz because of its stylish interior design and exclusivity. The property is located on prime real estate around the corner from the Chidlom and Siam Square shopping areas overlooking The Royal Bangkok Sports Club. The hotel rooms are very spacious and provide all luxury amenities from flat screen TVS, DVD players and ipod docking stations to king-sized beds, rain showers and freestanding terrazzo bathtub. Project Details 1. Type of Business: Boutique hotel and condominiums for sale 2. Open Date: January 2011 3. Concept: Iconic architectural design meets urban sophistication. 4. Location: Ratchadamri Road, Lumpini, Bangkok 5. Target: Short-term business or leisure travelers and long-stay guests 6. Number of rooms: 94, ranging in size between 59-125sqm 7. Room rate (hotel): Starting at 4,500 baht per night (US$ 150) 8. Price (condominium): THB 123,000-136,000 per sqm (US$ 4,000-4,500) 9. Architect and Interior Designer: WOHA Designs; based in Singapore; www.wohadesigns.com 10. Website: www.hansarbangkok.com

Location Map The newly opened boutique hotel is located in the commercial heart of the city close to Siam square and a short walk to BTS Ratchadamri sky train station.

The hotel has a modern chrome and glass façade.

Because the site is small and irregular, the green area at ground level is limited. Therefore sky gardens were introduced to elevate the green area to higher levels.

Studio Suites (59sqm) include an intuitively designed workspace corner as well as an integrated kitchenette and dining area.

Portrait windows and mirrored sliding doors bathe the Urban Suite (71 sqm) in natural light.

Edge Suites (77sqm) feature an interior garden wall alive with tropical greenery at the entrance, bringing a touch of the outdoors inside and drawing you into the silk-paneled lounge.

The Vertigo Suite with work space. Thai decorative items add a homey feeling.

Bathroom of the Vertigo Suite (82 sqm).

Lower-level living space of one of the 2 duplex Loft Suites (125 sqm). The living space is designated for entertaining and features floor-to-ceiling bookcases filled with Thai decorative items, plush sofas and an entertainment center.

Master bedroom of the spacious Loft Suite (125 sqm) with terrazzo bathtub.

Swimming pool at night.

The hotel restaurant is basked in natural light.

Private function room.

The interior is completed by colorful art on the wall.

The hotel s signature LUXSA Spa.

Novotel Bangkok Fenix Ploenchit Project Overview Another hotel which just opened in the city is the 29-storey Novotel Bangkok Fenix Ploenchit. It s an ultramodern property with 370 rooms equipped with broadband access, 3 premier executive floors with lounge, fitness center, outdoor pool, meeting rooms and indoor parking. Novotel is the Accor Group s mid-scale brand and has 400 hotels in 60 countries Rooms at the Bangkok property have a modern interior design, combining Thai and Asian accents with western design motifs, all as part of Novotel s room concept allowing for maximum space, comfort and functionality. The hotel targets leisure travelers and is very conveniently located adjacent to skytrain station Ploenchit. Project Details 1. Type of Business: Internationally branded 4-star hotel 2. Open Date: December 15, 2010. 3. Location: Ploenchit Road, Lumpini, Bangkok 4. Concept: Modern, good design, simple and efficient. 5. Target: Business and leisure travelers. 6. Number of rooms: 370 rooms, ranging in size from 28 to 80 sqm 7. Room rate: Starting at 2,400 baht per night (US$ 80) 8. Hotel Group: Accor 9. Architect and Interior Designer: WOHA Designs; based in Singapore; www.wohadesigns.com 10. Website: www.novotel.com

Location Map Novotel s newest property is nestled on a prime piece of real estate between the central business district, Ploenchit- Sukhumvit Road and popular shopping areas Siam and Chidlom.

Entrance to the hotel.

Hotel façade by night. As you can see, the hotel is right next to the skytrain.

Above and below: The Junior Suite.

The Junior Suite. Superior King City View.

Superior King room. Superior Twin room. All rooms have been decorated in neutral tones with color accents like the blue/green pillows.

Above and below: In-house restaurant The Square Venue.

Hotel spa.

Glam Rock Project Overview Glam Rock, the stylish watch reflecting the luxury and cosmopolitan Miami lifestyle, recently opened its first flagship store in Thailand. Located on the ground floor of CentralWorld, Zone A, the store offers a wide range of Glam Rock watch collections, as well as the brand's jewelry and leather accessories, including earrings, rings, necklaces, handbags and sunglasses. The grand opening also saw the brand introducing its newest collection SoBe (which stands for South Beach, in Miami) for the first time in the world. Founded in Miami in 2005, Glam Rock is the brainchild of Enrico Margaritelli and Isabelle Maujean. The brand s watch line is handcrafted in France using Swiss-made movement. Project Details 1. Type of Business: Watches and jewelry boutique 2. Open Date: January 2011 3. Location: Ground floor, Zone A, CentralWorld shopping complex, Bangkok 4. Merchandising: Hip watches, jewelry, leather accessories, handbags and sunglasses. 5. Website: www.glamrockwatches.com Location Map

The colorful entrance to the new Glam Rock flagship store stands out amidst the stark-white interior of CentralWorld. The interior design of the boutique is dominated by black, orange and gold color tones that render an elegant look to the overall store space, while the eye-catching furniture and fashion-inspired black chandelier are all imported from Italy to create a luxurious environment.