October Golf-Developer's Summary - Asia/Australia

AUSTRALIA
Bon Golf tabbed to run Musselroe Bay
 
Spencer Morgan Group has selected Melbourne-based operator Bon Golf to manage the planned golf course at its Musselroe Bay Resort development in the northeast region of Tasmania.

Construction on the 18-hole, championship course by Michael Clayton Golf Design is expected to begin in late 2008.

Sydney-based Tonkin Zulaikha Greer Architects has been appointed to serve as the overall project architect.

A $180 million development scheduled to open in late 2010, Musselroe Bay Resort will also feature a 100-suite hotel as well as 320 residential units located throughout the 4,700-acre site.  

VIETNAM
Construction to beginon $3 billion project

An 18-hole golf course is just one of the amenities to be included in a $3 billion eco-tourism complex along the Ca Lo River in Vietnam's Dong Anh and Soc Son districts.

Construction on the 500-hectare development is expected to get underway by the end of the year, according to Nguyen Van Dung, general director of the Vietnam Star Group Joint Stock Co. (VSG). VSG is jointly developing the eco-tourism project along with Swiss-based Tradco Global Engineering and Construction S.A., a division of the multi-national conglomerate Tradco Global Group.

Construction will be spread across four phases of development stretching from 2008 to 2013. The new golf course will be built during the first phase of construction along with a 250-room resort hotel, water park and residential villas. Phase one of development is projected to deliver in late 2011.  

Later phases will include additional hotels, residential and apartment complexes.  

Approximately one-third of the land in the development area will be dedicated to residential and resort real estate, with the rest reserved for various public facilities.

THAILAND
Palm Cove Resort to feature 18-hole course

A new 18-hole golf course and marina are being added to the Palm Cove Khanom Beach Resort & Spa in Khanom as developer JAD Co., Ltd. attempts to market fractional ownership opportunities at the beachfront resort overlooking Kho Samui Island.

Prices start at €90,000 for fractional ownership in one of the resort's 52 luxury units, which includes 49 apartments and three beachfront suites.

The resort already features a variety of amenities including a pool, spa, fitness center and restaurant.

JAD Co., Ltd. recently selected the French consultancy Group COREFI to oversee development and promotion of the Palm Cove Khanom Project.
   
INDONESIA
Major resort development planned in Padang

City administrators from Padang along with officials from the private holding company PT Amagedon are moving forward with plans for a $1 billion development project to include a 32-hectare beach resort that will be called Padang Bay City.

A new golf course is planned as part of the resort development. The project will also include construction of a transport tunnel connecting Pandang Bay City with nearby Bungus Beach as well as an expansion of the Port of Teluk Bayur.

Planning picked up steam after a collection of European investors, including groups from Germany and the Netherlands, recently committed approximately $500 million to the development efforts.

According to Fauzi Bahar, Padang's mayor, an additional 10 percent of the project will be financed through private sector investments.         

INDIA
Golf course communityunveiled in Hyderabad

Boulder Hills, a 531-acre, world-class golf and residential community in Hyderabad, was unveiled for the first time this summer.

The $1.4 billion community is built around the Boulder Hills Golf & Country Club, a 192-acre championship golf course designed by the Harradine Golf course architecture firm.

A variety of luxury villas surround the golf course at Boulder Hills, which was developed by EmaarMGF, a joint venture of Dubai-based Emaar Properties PJSC and MGF Development, India's leading real estate developer.

A series of 13-story residential towers are still under construction.

EmaarMGF's CEO William R. Rattazzi has lauded Boulder Hills as the first golf course community ever to be developed in south India.

EmaarMGF has plans to invest an additional $3 billion into more than 10 projects throughout the south India region in the next five to seven years, resulting in the development of 18 million square feet of retail space, 55 million square feet of residential development and 30,000 rooms in the hospitality sector.

AUSTRALIA
Construction set to beginon Nullarbor Links

Construction is expected to get underway prior to the end of the year on Nullarbor Links, according to officials from the Eyre Highway Operators Association (EHOA).

An ambitious project lauded as the world's longest golf course by its developers, Nullarbor Links is planned as an 18-hole, par 72 golf course that will span 1,365 kilometers stretching from Kalgoorlie in Western Australia to Ceduna in South Australia, with one hole in each participating town along the Eyre Highway.

The project was initially conceived by the EHOA, a community organization established to raise the profile of businesses along the Eyre Highway.

It moved closer to becoming reality thanks to a recent partnership between the EHOA and AusIndustry, the Australian government's business program delivery division in the Department of Innovation, Industry, Science and Research, that resulted in Nullarbor Links receiving $331,000 in grant funding to aid the development.

Officials believe the project could be completed as early as next summer.

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