OCEAN VALLEY VILLAGE
Ocean Valley Village one of our larger developments made up of twenty four luxury villas in the Ungasan area of the Bukit was completed more than three years ago. Over the last five years the land prices in the area have increased fourfold and many new projects have helped to increase the infrastructure further increasing capital growth. Dreamland , (a five minute drive from O.V.V) is being developed at a remarkable rate, some of the new projects include, an eighteen hole world standard golf course, a two hundred room luxury Condotel Hotel, an International world standard hospital, an international school, a luxury villa complex on the golf course, a local housing estate to accommodate staffing needs, new restaurants, night clubs, etc
Also in this time recommencement of the Banyan Tree Development and the Hotel previously known as The Bali Cliff has been purchased and is being rebuilt by a major hotel chain. Subsequently the price of all villas in the Ungasan Bukit area are steadily increasing in value. Both of these developments are walking distance from Ocean Valley Village according us the benefit of further capital growth on completion.
The average price now in the Bukit area for a 3 Bed villa would be in the range US$ 500 000.
We have retained three villas in this development which we are now placing back on the market at between US $175 000 and $220 000 dollars. We are able to do this as our land and building costs were a fraction of the current costs. Rental returns are also steadily rising with weekly returns between $500 and $750.
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Selling Price : P.O.A
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