Global Edition

 

Montgomerie Links Vietnam sells all charter memberships

7.56am 28th March 2008 - Courses

Though several golf holes are yet to be grassed and construction of the clubhouse only began last month, The Montgomerie Links Vietnam took just one day to reel in its entire charter membership base and establish itself as the most anticipated new golf club in Southeast Asia.

In less than 24 hours, the $64 million development taking shape on Vietnam’s China Beach sold all 25 of its most exclusive membership packages at $16,500 each. The achievement allowed the club to launch into regular membership sales overnight – a phase that has already netted five more buyers, despite a price point that is $6,500 higher.

“Demand was through the roof yesterday because the opportunity appeals to families, passionate golfers and investors,” said Jon Tomlinson, the club’s general manager. “If you love great golf courses, then it’s a chance to belong to and test your skills on what will quickly become the No. 1 golf club in Vietnam and one of the very best in the world. If you are looking to broaden your investment portfolio, then it’s a chance to get in on something that is sure to appreciate at an attractive rate, because there will only be a limited number of memberships offered.”

The Montgomerie Links is offering the best package during its pre-opening stage. Those who join now will not be required to pay annual fees until the course is completely finished. Nine holes are scheduled to be playable by July, with all 18 open by January 2009.

Located just off breathtaking China Beach and minutes from Danang’s international airport, The Montgomerie Links moves boldly over a striking landscape of wispy casuarina pines and sand dunes. The 7,200-yard championship layout is positioned to one day hold some of Asia’s biggest tournaments.

Eight-time European Tour Order of Merit winner Colin Montgomerie has massaged massive greens and rippled fairways into the stunning backdrop, setting up an experience he believes will rank among the world’s finest.

Course developer Indochina Capital has committed more than $64 million to the project, breaking new leisure ground in the most promising resort region yet developed in Vietnam.

A little over one year ago, another Indochina property, a ‘super-resort’ and spa dubbed The Nam Hai, opened to worldwide acclaim on a site just five kilometres south of The Montgomerie Links. The most prestigious hotel groups in the world, including Hyatt, Raffles, Four Seasons, Banyan Tree, Sofitel, Novotel and Kor are now developing resorts in the area with Greg Norman designing a course nearby.

Tomlinson predicts its proximity and quality will only heighten interest in the area. “Between what Monty’s creating here and what Norman is doing next door, Danang has the potential to be one of the hottest golf destinations in the world very soon,” he said. “When that happens, I expect membership demand to increase at The Montgomerie Links even more.”

In addition to the course, the 70-plus-hectare development will include a dramatic 3,000-square metre clubhouse, designed by Hong Kong-based Gravity Partnership Limited, and 54 contemporary designed villas for sale on 38,000 square meters called The Estates at Montgomerie Links.

The villas will range in size from 276 to 395 square meters on ample lots that range in size from 350 to 700 square meters. All villas feature heated swimming pools, modern American-style kitchens and expansive views of the course.

Perched on the highest part of the property and designed with a distinct nod toward modern engineering, the clubhouse will offer breathtaking views while at the same time serving as an elegant social centrepiece.

Montgomerie currently has seven original course designs open for play and more than 10 in some stage of construction or design. The Montgomerie Links is one of only four courses to bear Montgomerie’s name, an honor reserved for layouts where the site and development partners were personally chosen by the golfer himself.

Montgomerie Links www.montgomerielinks.com

       

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