Wednesday, October 8, 2008

7CI Announces the Exclusive Unveiling of Raffles Residences and Raffles Estates at Kensington Palace



LONDON, June 2 /PRNewswire/ -- 7CI (Seven Continent Investment), the global investment specialist, is exclusively unveiling Raffles Residences and Raffles Estates, which includes Praslin Island, Seychelles; China Beach, Da Nang, Vietnam; and Makati City, Manila, Philippines on 5 June at 6.30pm at Kensington Palace. This exclusive launch will include limited pre-release prices from US$285,000 with prices set to rise post pre-launch.

The Raffles Da Nang will be the first and most exclusive of the new resorts on the famous China Beach in Da Nang in what is largely thought to be the next exotic playground for global jetsetters. Situated on 504 metres of unspoilt beachfront, it is only nine kilometres south of the international airport, adjacent to the Marble Mountain and surrounded by UNESCO World Heritage sites. It will feature 153 one to three bedroom residences ranging in size and include various dining venues, meeting rooms, a business centre, a swimming pool, a spa and other recreational facilities. The exclusive pre-release prices start from US$285,000.

The Raffles Seychelles Estate Homes and Resort is located on the northeast tip of Praslin Island, the second largest island in the Seychelles. The location boasts 500 meters of direct beachfront land and is close to the Seychelles natural treasures and a UNESCO World Heritage Site, The Vallee de Mai. A total of 23 estate homes are available for sale comprising three, four and five bedrooms. The exclusive pre-release prices start from US$3,100,000.

Raffles Manila will be situated in the central business district on Makati Avenue, Makati City, which is southwest of Manila and the financial centre of the Philippines. This has earned the city the nickname 'the Wall Street of the Philippines'. The development will comprise a 30-suite Raffles hotel. The exclusive pre-release prices start from US$225,000.

Alistair Powell, Chief Executive of 7CI says: "The launch of these new Raffles projects represents an unsurpassed opportunity to invest in a market where the entry barriers are high due to a scarcity of prime real estate available for sale.

"Furthermore, this project highlights 7CI's strategy to build balanced portfolios for clients with investments that deliver sustainable returns each month, not relying on the gamble of capital growth at exit to make the investment case worthwhile."

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