Last Prime Residential Development Site in Newton-Scotts Area, Singapore for Sale by Tender

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Last Prime Residential Development Site in Newton-Scotts Area, Singapore for Sale by Tender

CB Richard Ellis is pleased to announce the launch of public tender for Dunearn Gardens. 96 units of the 114 units, representing 83.39% of the share values, have signed the Collective Sale Agreement (CSA).

Singapore (PRWEB) October 31, 2007 -- The premier freehold residential development site is located along Dunearn Road, close to Scotts Road. It sits on 8,866.8 square meters (approximately 95,443 square feet) of prime land and boasts panoramic views of Orchard Road and the Central Business District.

The guide price is $578.5 million, which equates to about $2,288 per square foot per plot ratio, inclusive of a Development Charge estimated to be $32.9 million.

Under the Master Plan 2003, the maximum permissible plot ratio is 2.8 with a height restriction of 117 meter AMSL (approximately 33 storeys). Developers can also further utilize the additional 10% Gross Floor Area allowable for the provision of balconies, subject to the payment of Development Charge.

Dunearn Gardens was completed in 1992. There are 12 two-bedroom (807 - 828 square feet) apartments, 64 three-bedroom (1,227 - 1,248 square feet) apartments, 34 four-bedroom (1,646 - 1,668 square feet) apartments and 4 penthouses (2,443 square feet and 3,293 square feet) presently on the site.

Based on the $578.5 million guide price, owners can receive approximately $3.42 - $9.29 million depending on their unit types and sizes. The developer can build about 134 units assuming an average size of 2,000 square feet each.

The estimated breakeven is in the region of $2,900 per square foot.

"The Newton area has always been well sought-after amongst homebuyers and investors due to its excellent location and good schools nearby. With Newton MRT station slated to be the "interchange hub" for the upcoming Downtown Line, we expect housing demand to grow more strongly.

Moreover, with Elmira Heights and Gilstead View being sold via en-bloc earlier this year, Dunearn Gardens remains the last and only available large residential site in the locality," said Jeremy Lake, Executive Director of Investment Properties.

The Tender Exercise closes at 3 p.m. on 28 November 2007.

About CB Richard Ellis

CB Richard Ellis Group, Inc. (NYSE:CBG), an S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services firm (in terms of 2006 revenue). With over 24,000 * employees, the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate and partner offices). CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. In 2007, CB Richard Ellis was named one of the 50 "best in class" companies by BusinessWeek, and one of the 100 fastest growing companies by Fortune. Please visit our Web site at http://www.cbre.com.sg

* Excludes 4000 affiliates

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Major Real Estate Auction Set for 58 Acres of Prime Triad Area North Carolina Land on Nov. 26; Property Idealy Situated on Business I-85 in Jamestown Between Kivett Dr. And Riverdale Dr. Just Outside of High Point, Nc

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Major Real Estate Auction Set for 58 Acres of Prime Triad Area North Carolina Land on Nov. 26; Property Idealy Situated on Business I-85 in Jamestown Between Kivett Dr. And Riverdale Dr. Just Outside of High Point, Nc

Located across from Furnitureland south, worlds largest home furnishings showplace. reserve price only $995,000.

Jamestown, North Carolina (PRWEB) October 22, 2007 -- Wrennovation Development, LLC directs this one time only 4th quarter sale of 58 +/- acres of prime North Carolina land with 3140 feet of Business I-85 frontage, passing substantial savings on to new ownership. The property is located in Jamestown, NC just outside of High Point in the heart of North Carolina’s Triad area, across from Furnitureland South, the world’s largest home furnishings showplace with over one million square feet of space and thousands of visitors per year.

Jason Dolph of Chartwell Auctions, stated, “With the allure of this central North Carolina location and the desperate need for development to sustain the amount of activity in the immediate area, new ownership is sure to prosper. With a reserve under $17,200 an acre, acquiring this property just makes since no matter what your use may be.”

Originally conceived for a multi-use retail and hospitality complex to fill a current void left next to such a heavily visited location in the state, an abundance of planning and due diligence material has already been compiled. Bidder information packets available through Chartwell Auctions include a current site plan and engineered concept plan for review, 2007 environmental phase 1 report, recent soil testing analysis, and a detailed traffic analysis report saving new ownership thousands of dollars.

The auction will be held at the Hampton Inn Greensboro Airport Hotel, located at 7803 National Service Rd., Greensboro, NC 27409 on Monday, November 26, 2007 at 1:00 P.M. Registration begins at 12:00 P.M.

For a free color brochure on the November 26th Real Estate Auction with Terms of Sale you can call Jason Dolph with Chartwell Auctions at 704-831-8983. Who wants to pay a retail price for real estate, when they can buy on a wholesale basis at auction?

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Pullman Bangkok King Power Hotel Opens

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Pullman Bangkok King Power Hotel Opens

Pullman Bangkok King Power, the city's hottest new property catering to a modern urban clientele, is poised to revolutionize Bangkok's accommodation sector with stunning architecture and interior design, new technologies and upscale meetings and business facilities.

Bangkok (PRWEB) October 20, 2007 -- Pullman Bangkok King Power, the city's hottest new property catering to a modern urban clientele, is poised to revolutionize Bangkok's accommodation sector with stunning architecture and interior design, new technologies and upscale meetings and business facilities.

The 386-room Pullman Bangkok King Power offers contemporary accommodation in four room categories with all rooms offering a unique set of benefits according to room type included in the rate. In-room facilities include interactive TVs offering satellite programmes and fast internet access and an e-check-in tool on the hotel's website.

According to Accor Asia Managing Director Michael Issenberg, Pullman Bangkok King Power brings a fresh perspective and attitude to accommodation in Bangkok.

"The hotel looks and feels unique. There is an excitement when you walk through the public areas, restaurants and rooms. It has a great design aesthetic that runs through the entire development. But Pullman Bangkok King Power is not only stunning in appearance, it is also very functional and user friendly which will make it popular with both MICE planners and corporate clients." Issenberg said.

"High end incentives, corporate meetings and conferences will be a growing segment for Pullman Bangkok King Power as it establishes itself very quickly both in domestic and overseas MICE markets," Issenberg said.

Pullman Bangkok's main Ballroom can accommodate over 1,000 persons supported by "state of the art" audio video technology. These "smart" venues were conceived and built to attract the MICE market and particularly up market MICE events. The hotel promises acknowledgement of corporate requests within 45 minutes and will provide a tailor-made package in less than 24 hours.

Mr Issenberg also noted that Pullman Bangkok King Power's other strength was its dedication to 'new generation' business facilities catering to an increasingly demanding and tech savvy market.

"Pullman Bangkok King Power has been developed to cater to a new generation of corporate clientele. The owner and the management team intend to "think ahead" of guest expectations and Pullman Bangkok King Power has established pro-active procedures in terms of service and catering to road weary corporate travellers," Issenberg said.

Pullman Bangkok King Power offers an Executive Floor supported by the hotel's Executive Lounge where guests enjoy exclusive check-in and check-out priveleges. This valued added service extends to Bangkok Suvarnabhumi Airport, where they will be given exclusive access to the King Power Executive Lounge at Suvarnabhumi Airport.

Located in central Bangkok, Pullman Bangkok King Power blends the convenience of a city hotel with a modern design. The hotel is attached to the new King Power Complex on Rangnam Road, close to the Victory Monument, and within walking distance to an emerging shopping, dining and entertainment enclave that is attracting affluent young professionals and families. This prime city location offers access to two BTS Skytrain stations within walking distance and easy access to Bangkok Suvarnabhumi International Airport via two expressway entrances.

The hotel's restaurants and bars serve a range of genuine Thai, Asian, European and Californian cuisines. Extensive shopping options and dining outlets are also available at the adjacent King Power Duty Free complex.

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Low-Entry Land Prices Grab Investors Attention at Yucatán Greens, Mexico

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Low-Entry Land Prices Grab Investors Attention at Yucatán Greens, Mexico

The five star golf and beach resort at Yucatán Greens in Mexico is offering the kind of early-entry first phase release prices that all land investors seek in order to gain maximum returns on their investments.

(PRWEB) October 10, 2007 -- Superbly located on the Yucatán Peninsula, near Cancun, the Yucatan Greens project is underway to create a luxury self-contained resort, combining the latest of ecotourism standards with a full range of on-site facilities and a new 27-hole golf course. Land plots are currently available at well below market value prices.

Bernardo Retana, Director of Investment Product and Development at the International Property Investment Network (IPIN), states, "We strongly believe that buying land here offers great growth potential whatever your intended investment strategy. Whether you choose to sell on the land prior to construction, build a villa on it to sell upon completion, or simply let the property over a period of years, you will be gaining maximum profits from your investment."

The extremely low entry prices are the earliest opportunity to buy, prior to official international launch. In fact, compared with similar neighbouring developments, prices are clearly under market value: eg. on a similar nearby golf resort with 18 holes of golf, plots of 600m2 are for sale at 103,000 USD, while Yucatán Greens with 27 holes of golf is currently offering the same amount of land for a mere 60,000 USD. Meanwhile, overseas investors are all the more interested as this affords an opportunity to take full advantage of the weak dollar, allowing money to go a good deal further.

Bernardo Retana continues, "Buying at the earliest possible point of sale of course allows investors to profit not only from below market values and high growth, but also to choose from the very best first and second line plots available, right from the start; everyone knows the importance of location when buying and selling land and real estate and Yucatán Greens offers a prime opportunity to choose the best from the very beginning." Having undergone the IPIN strict due diligence procedures, this land already comes with full planning permission and has been passed as a secure early investment opportunity that enables the highest possible growth.

The resort is located within a well-established but growing tourist region of Mexico where visitors come to enjoy its laid back Caribbean lifestyle, along with a tropical climate, golden sandy Gulf of Mexico beaches and ancient Mayan influences. Land purchase on such a luxury beach and golf paradise in this particular region is of course widely considered to be a highly valuable investment. Currently the Yucatán Peninsula attracts a considerable influx of Canadian & US visitors -- all likely candidates to fuel today's wise investments at Yucatán Greens.

All discerning property investors realize the importance of taking advantage of the most lucrative real estate opportunities as soon as they arise, before they become common knowledge. The International Property Investment Network (IPIN), operated by Property Showrooms, helps all types of investors in their quest to access up-to-the minute information on the very latest investment opportunities in the worldwide property market today.

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CB Richard Ellis and Galaxy Real Estate Form Strategic Partnership

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CB Richard Ellis and Galaxy Real Estate Form Strategic Partnership

Galaxy Real Estate recently announced that it has entered into a strategic partnership with CB Richard Ellis, the world's largest real estate services company, in relation to the Galaxy Centre in Shenzhen, a new commercial landmark in the Central Business District of the city.

Beijing, China (PRWEB) August 25, 2007 -- Galaxy Real Estate recently announced that it has entered into a strategic partnership with CB Richard Ellis, the world's largest real estate services company, in relation to the Galaxy Centre in Shenzhen, a new commercial landmark in the Central Business District of the city. This partnership will allow Galaxy Real Estate to leverage the industry leading expertise and experience of CB Richard Ellis via the appointment of CB Richard Ellis as the asset manager and marketing consultant in relation to the development. A recent signing ceremony associated with the initiative was attended by Mr. Chris Brooke, President & CEO of CB Richard Ellis in Greater China, and Mr. Huang Chulong, Chairman of Galaxy Real Estate.

Galaxy Centre is situated in a prime location in Shenzhen, at the heart of the new administrative, commercial and financial hub of the city. The project is being developed by Galaxy Real Estate, a leading property developer in Shenzhen with over 20 years of experience. With a total gross floor area of over 120,000 square metres, the Galaxy Centre is anticipated to become a landmark mixed use complex within Shenzhen, integrating high quality office, retail and hotel uses within the development.

In addition to the outstanding design and specification, it is also intended that the Galaxy Centre will feature a first-class lifestyle environment. Galaxy Real Estate has entered into an agreement with Ritz-Carlton Hotels, a world renowned hotel management company,
to manage and operate the hotel within the development. The role of CB Richard Ellis will be to ensure that the property is also leased and operated in accordance with international best practice such that the highest possible standards are achieved from the perspective of office and retail occupiers as well as visitors to the complex.

The structure associated with the Galaxy Centre was topped out on 30th June 2007. The leasing of the project will commence in mid August 2007 and the project is expected to be fully operational by mid 2008.

Mr. Huang Chulong, Chairman of Galaxy Real Estate, said, "The prosperity of the real estate market bears testimony to the rapid economic development of Shenzhen. As the needs of our customers have evolved, we have focused upon the introduction of internationally advanced real estate marketing techniques and management practices. We will not only provide superior facilities to office occupiers and retailers, but will also ensure that they receive high quality levels of service. As such, we are very pleased to be partnering with CB Richard Ellis, the world's largest real estate services firm. By leveraging competitiveness and experience from both parties, we believe that we will be able to create a new landmark project within the commercial real estate sector in Shenzhen."

Mr. Chris Brooke, President & CEO, CB Richard Ellis in Greater China, said, "High quality asset management is key to ensuring that commercial investment properties both meet the needs of occupiers and appreciate in value over time. Given that the real estate sector in Shenzhen is rapidly maturing, we believe that the introduction of international best practice in relation to the development, leasing and management of properties will play a critical role in creating added value and enhancing the competitive edge of individual projects. The collaboration between Galaxy Real Estate and CB Richard Ellis offers significant mutual benefits and, in addition, further demonstrates our continued commitment to providing real estate services aligned with the business interests and strategies of our clients."

Martin Chiu, Managing Director, CB Richard Ellis in Shenzhen, said, "Shenzhen is at the frontier of economic development in China. Many well-known international and domestic organizations have established significant operations in the city, which has facilitated the growth of the local real estate market. In many ways, Shenzhen is taking a leading role in terms of setting standards relating to the development of the real estate market in China. We see our involvement in the Galaxy Centre as an opportunity to combine our local market knowledge with the resources of our global network to both meet the needs of our client and expand our business in Shenzhen."

Over the years, CB Richard Ellis has established itself as a leading real estate service provider in Greater China, currently having offices in Beijing, Shanghai (Puxi and Pudong), Guangzhou, Chengdu, Tianjin, Shenzhen, Hangzhou, Dalian, Hong Kong (Hong Kong Island and Kowloon) and Taipei, as well as approximately 10 project offices and experience in over 60 cities.

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Manyoo, Manchester - An Excellent UK City Investment

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Manyoo, Manchester - An Excellent UK City Investment

From only 104,750 GBP, apartments and commercial units at Manyoo, in the heart of Manchester city's docklands area are attracting much attention from today's trendy professionals as the place to be. Manyoo combines cutting-edge urban designs with practical living to create an impressive Quayside development of four blocks to include residential and business units. The development offers smart studios, 1, 2 and 3 bedroom apartments with current prices ranging from 104,470 GBP to 252,000 GBP. Also available are 20,000 square feet of retail space and 30,000 square feet of office accommodation.

(PRWEB) August 5, 2007 -- Most of us are aware of the great success of projects such as London's Docklands. Their appeal lies in a central location, excellent infrastructure and top urban designs to create prestigious business and residential environments. Manyoo makes no exception to this rule, modelling itself along a similar concept and now attracting a trendy media set, including the likes of the BBC and other related media companies.

The International Property Investment Network (IPIN) has identified Manyoo as a strong investment due to:
* Excellent Payment Terms - Reservation is 1,000 GBP with 3.33% deposit in 28 days(minus reservation), 3.33% due in May 2008, and 3.33% in May 2009, with the final 90% payable upon completion in October 2010.
* Location - Within the Salford Quays, the development is ideally situated near Manchester city centre, 1 mile from the M602 motorway and only 10 miles from Manchester International Airport.
* Increased Economic Activity - Salford Quays has been earmarked for relocation by many top media companies. Its surrounding areas accommodate an estimated 44,000 workers in a large number of offices and major company headquarters, and apartments at Manyoo will attract a ready supply of stylish professionals looking to live and work in the area.
* Design - Manyoo is designed and developed by yoo, an international company famous for its transformation of urban spaces into creative, individual homes and workplaces. Design is innovative with highly contemporary interiors and finishes created by the yoo design team and the internationally renowned designer and lifestyle icon, Jade Jagger.

Salford Quays is a prime example of how regeneration projects can work. As a former inland port, the Quays is steeped in industrial heritage, blending tastefully with the new on-site shopping, culture, sports, hotels, restaurants and bars.

IPIN's Director of Investment Product and Development, Bernardo Retana, leaves us with some parting comments, "Many property investors are looking to invest in the UK´s reassuringly stable investment climate. Manchester is in fact the second major financial centre outside London and its cost of living is lower than the UK average. Manyoo, on Manchester's Quayside, is set for Dockland's success, so it's currently a highly exciting http://www.propertyshowrooms.com/IPIN/city-centre-investment.asp [UK property investment location".

The International Property Investment Network (IPIN) operated by www.Propertyshowrooms.com helps all types of investors in their quest to access up-to-the minute information on the very latest investment opportunities in the worldwide property market today. All discerning property investors realize the importance of taking advantage of the most lucrative real estate opportunities as soon as they arise, before they become common knowledge.

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Prime City Investment at Astrum Towers, Istanbul, Turkey

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Prime City Investment at Astrum Towers, Istanbul, Turkey

From an amazing 29,092 GBP, city property in Turkey´s emerging Büyükçekmece of Istanbul is today offering excellent investment potential, according to The International Property Investment Network (IPIN). Tipped by top economists as a prime investment location, Istanbul offers various opportunities in Büyükçekmece, such as this carefully selected development at Astrum Towers. Its first phase comprises blocks of 1,285 one, two and three bedroom units, complete with swimming pools and other amenities, while two more phases are to follow.

(PRWEB) August 5, 2007 -- From an amazing 29,092 GBP, city property in Turkey´s emerging Büyükçekmece of Istanbul is today offering excellent investment potential, according to The International Property Investment Network (IPIN). Tipped by top economists as a prime investment location, Istanbul offers various opportunities in Büyükçekmece, such as this carefully selected development at Astrum Towers. Its first phase comprises blocks of 1,285 one, two and three bedroom units, complete with swimming pools and other amenities, while two more phases are to follow.

These off-plan apartments will provide comfortable, quality accommodation in an area now famed as a hotspot for the city's new industrial activities.

IPIN regards Astrum Towers is an ideal city investment because:
* Considering the high capital growth rates that Istanbul property is forecasted to achieve, the developers quote projected annual returns of 20%. With growth rates continuing to be driven by demand through increased jobs and disposable income, investors do expect to see significant growth in such a key location; strong GDP growth is also driving the demand for local housing.
* Located alongside the new industrial areas of Haramidere and Beylikdüzü, Astrum Towers sits conveniently close to the city centre, being easily accessible via the TEM motorway linking Istanbul to Ankara and the E-5 highway
* Due to its situation within an emerging business area of Istanbul, the development is set to attract a ready supply of professionals seeking rental accommodation, in turn fuelling a healthy buy-to-let investment market
* The blocks are a stone's throw from brand new commercial and recreation centres, providing convenient, modern amenities close at hand
* The major commercial harbor at Kumport is located close to Beylikdüzü, ideally serving industries in the area
* Daily flight connections link Istanbul and Heathrow via Turkish Airlines, with XL Airlines also running a weekly service to Gatwick
* The units are built to high standards by a large developer, carefully vetted by IPIN

Now that commercial giants such as Ikea and Harvey Nichols have opened up in Istanbul and the headquarters of many other multinational companies and foreign banks are now operating from Turkey, Istanbul is taking the commercial limelight - so much so that the retail space available is far below demand levels, thus creating a strong opportunity for all timely investors.

Due to their great investment potential both in terms of capital growth and rental yields, units at Astrum Towers are reserving very fast and IPIN advises swift action while phase one pricing levels and availability still last.

The International Property Investment Network (IPIN) operated by www.Propertyshowrooms.com helps all types of investors in their quest to access up-to-the minute information on the very latest investment opportunities in the worldwide property market today. All discerning property investors realize the importance of taking advantage of the most lucrative real estate opportunities as soon as they arise, before they become common knowledge.

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Office / Industrial - Singapore Property Classifieds

Office / Industrial - Singapore Property Classifieds

CLSA Capital Partners and CB Richard Ellis Join Hands to Create a New Commercial and Lifestyle Landmark in Greater Taipei

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CLSA Capital Partners and CB Richard Ellis Join Hands to Create a New Commercial and Lifestyle Landmark in Greater Taipei

Worth NT$7 billion, Asia Plaza marks the largest foreign investment project in Taiwan's commercial property market.

Hong Kong (PRWEB) June 23, 2007 -- CLSA Capital Partners and CB Richard Ellis jointly announced the official unveiling of a premium commercial complex in the Neihu Technology Park Asia Plaza. Worth NT$7.06 billion, Asia Plaza is CLSA's first property investment in Taiwan. It is not only the largest property development project in the Neihu Technology Park, but also the biggest foreign investment in Taiwan's property market so far. Positioned as the headquarters for flagship enterprises, Asia Plaza was created specifically for technology companies. Its prime location, large floor plates, world-class construction and management, as well as its unique lifestyle features will certainly meet the needs of companies seeking sites for their global operational headquarters. Construction of Asia Plaza is scheduled to be completed in mid-2007, and it will become a new landmark in Neihu Technology Park and the business districts of Greater Taipei.

Located in the centre of Neihu Technology Park, on the intersection of Jiuzhong Road, Yangguang Street and Ruihu Street, Asia Plaza is a commercial complex that consists of three towers and a large open square occupying a total of 149,189 sq. ft. Situated on a stretch of prime real estate along the banks of the Keelung River, the development commands an excellent view of the river and Taipei, and has good transportation links with business districts in downtown Taipei and northern Taiwan.

Working with a team of renowned architects, design firms, and management companies from around the world, Asia Plaza has been designed to meet the needs of the most demanding tenants. Unlike the cold and sterile atmosphere of other office buildings, Asia Plaza has been created with a grand display of lifestyle features, including a 21,528 sq. ft. expansive courtyard with lush landscaping and a space of 71,042 sq. ft. for restaurants and al fresco cafes. Asia Plaza is an environment created for people to enjoy their work and leisure.

John Pattar, Managing Director of CLSA Capital Partners & Property Fund says, "We are optimistic about the outlook for the commercial property market in Taiwan, especially the Greater Taipei market is lack of large-floorplate, A-grade office space with professional property management capabilities and people-oriented features. This is why we have such a great confidence in Asia Plaza. CLSA Capital Partners has a wealth of experience in investing in the Asia-Pacific property market. In addition to investing in the project, we are committed to introducing a construction and property management model that meets international standards. This will not only provide a premium office environment for businesses, but also create new momentum for developing Taiwan's commercial property market."

Hong W. Van, Managing Director of CB Richard Ellis Taiwan, points out, "The keys to success in commercial office buildings' development are location, building quality, tenant mix, and property management. Based on our research, Taiwan's traditional model for property development and management is unable to satisfy consumers' need for A-Grade commercial leasing. As a result, world-class development, planning and management are the only way to create the greatest value, and Asia Plaza is a testament to this new model. CB Richard Ellis and CLSA have always had strong cooperative ties in Asia's commercial property market, and with the launch of Asia Plaza, we hope to extend the coverage of A-grade commercial property in the Greater Taipei area and create a new landmark for work and living."

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Press Contact: Jenny Auw-Yong
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Luxury Orlando Condominium Resort -- WorldQuest Resort -- Qualifies for Esteemed Expedia Insiders' Select List

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Luxury Orlando Condominium Resort -- WorldQuest Resort -- Qualifies for Esteemed Expedia Insiders' Select List

Condo hotel among only 1% of Expedia properties to receive distinction.

Orlando, FL (PRWEB) June 20, 2007 -- WorldQuest Resort has been named to the Expedia Insiders' Select List, an esteemed group of only 1% of Expedia's hotels. Properties who receive this distinction have been chosen by more than 300,000 Traveler's Opinions and 300 local experts and hotel marketing managers worldwide. The luxury condominium resort's appearance on the list indicates "excellent service, overall experience, and value," according to Expedia.

This recognition enhances an already impressive list of accolades for the successful Orlando condo hotel property including the AAA Three-Diamond rating, the highest available to a condominium resort, and the more recent designation as a Walt Disney World Ticket Destination. As a Walt Disney World Ticket Destination, owners and guests of the luxury condominium resort receive discounted rates at all Disney Parks, Universal Studios, SeaWorld, Kennedy Space Center, local attractions and dinner shows.

An Orlando condo hotel purchase at WorldQuest Resort offers owners well-appointed Mediterranean-style units--from 1,286 square feet to 1,546 square feet -- as well as access to clubhouse amenities including the fitness center, coffee bar, business center, and signature 10,000-square-foot swimming pool.

Recognitions such as the Expedia Insiders' Select List have generated outstanding occupancy at the luxury condominium resort. With a prime location just minutes from the most popular Orlando attractions and only 15 minutes from the Orlando International Airport, WorldQuest Resort regularly draws both leisure and business travelers.

Phase II of the property is slated for hotel occupancy in September 2007, while Phase III was recently made available to those seeking a condo hotel purchase. Phase III's new units will be available in early 2008 for hotel occupancy, and owners in Phase III have a special opportunity to participate in a two-year lease back program with WorldQuest Resort Rental Management.

About WorldQuest Resort:
Located in one of the world's most popular destinations, the Orlando condominium resort features full ownership opportunities in luxury suites and the option to participate in a successful, high-occupancy on-site management program, making the accommodations available to business and leisure travelers. A top room revenue generator on Expedia.com and AAA Three-Diamond rated condominium resort property. WorldQuest Resort offers owners a unique Orlando condominium hotel purchase opportunity.

About the Jordan Development Group:
The Jordan Development Group is a Central Florida real estate development company located in Winter Park, Florida. The Jordan Development Group focuses primarily in single family and multi family communities, offices and commercial buildings. For more information about the Jordan Development Group please contact:

Name: Thomas McLaughlin
tomm @ jordanfl.com
407-699-1118
32821

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Press Contact: Thomas McLaughlin
Company Name: WorldQuest Resort
Email: Email Us Here: http://www.prweb.com/emailmember.php?prid=534624
Phone: 407-699-1118
Website: www.worldquestresort.com

More Information: http://www.prweb.com//releases/worldquest/expediainsiderslist/prweb534624.htm