Anantara Vacation Club has opened its Singapore preview centre, located at Ngee Ann City Tower B. The new preview centre provides a luxurious firsthand preview into the unique offerings of Anantara Vacation Club – Asia’s leading shared ownership concept launched in 2010 by Anantara Hotels, Resorts & Spas – including the beautiful design reflective of its properties.
Harold Derrah, CEO of Anantara Vacation Club, commented, “We are thrilled to announce the opening of our brand new preview centre in Singapore. This, in addition to the recent opening of the Shanghai preview centre, our first purpose-built club resort in Phuket, and the multiple awards we’ve received in just three years in business, fuels our efforts and makes us proud to serve the Asian community with exceptional quality club owner product.”
The new Singapore preview centre is minimalistic, with classic, high-style elegance, featuring integrated high tech audio and video systems. This new location joins Anantara Vacation Club’s other preview centres in Koh Samui, Phuket, Bali and Shanghai. Singapore is a large and growing market for Anantara Vacation Club, which has engaged more than 500 Singaporean owners, making up approximately 20% of the global ownership to date.
An Award-Winning Product
Anantara Vacation Club Phuket Mai Khao won awards at the 2012 South East Asia Property Awards and Thailand Property Awards, in the “Best Shared Ownership” and “Best Shared Ownership Development” categories respectively. The company’s reputation as a global leader in the vacation ownership industry has been reinforced with the opening of this Phuket resort, which enhances the company’s commitment to delivering unique experiences steeped in indigenous luxury and refined Asian hospitality. Anantara Vacation Club Phuket Mai Khao, which opened in June 2013, is Anantara Vacation Club’s first purpose-built Signature Club Resort, comprising 70 one-, two- and three- bedroom apartment suites, as well as 30 spacious one- and two-bedroom pool villas. Resort facilities include a swim-up lagoon pool, kids club, gym, as well as a selection of restaurants and bars, all situated in a lush tropical environment adjacent to Mai Khao Beach. Anantara Vacation Club has also been honoured for its new-owner package by the American Resort Development Association (ARDA).
With the rapid growth of Asia’s vacation ownership industry, it is more important than ever for potential buyers to be informed of the benefits of buying a vacation ownership product, and also of the potential pitfalls of engaging with rogue operators. As such, Anantara Vacation Club has presented consumers with a list of educational guidelines to help them make better-informed decisions with these purchases. Potential buyers are encouraged to do in-depth research, read reviews, and inquire about the following key factors as they relate to consumer protection:
- Ensure Security & Tenure – Potential buyers are told that the use and enjoyment of vacation club units should be protected, and that valid vacation ownership companies establish independent companies to hold leases, licenses and occupancy rights on behalf of the club, and ownership interests should be held by an independent trustee. For example, Anantara Vacation Club has engaged Hutchinson & Co Trust Company Ltd. for the sole and absolute benefit of club owners.
- Discuss Supply & Demand Assurance – Potential buyers are told that legitimate vacation clubs allocate a specific amount of club points annually to each of their properties to ensure there is sufficient space and accommodations for their buyers’ trips.
- Confirm the Cooling-Off Period – Potential buyers are told that legally, vacation club buyers are granted a five day “cooling-off period” during which they are able to reflect on their purchase and opt out, with a full deposit refund, should they so desire.
Pauline Tay, one of Anantara Vacation Club’s Singapore based Club Owners, shared her views: “We became Club Owners at Anantara Vacation Club a couple of years ago, and couldn’t be happier. Anantara Vacation Club always seems to go above and beyond for their customers, and summarising these ‘best practices’ for vacation ownership purchases is yet another indication of that. The company has given us the opportunity to enjoy affordable holiday vacations with our family and friends, providing assurance along the way that these holidays will be protected for years to come.”
Derrah added, “We feel a responsibility to inform the public about the important differentiators between legitimate vacation ownership companies and other various rogue holiday club operators and resellers. There are important distinctions to look out for; ones which, if ignored, can present serious ramifications to the purchasers’ funds and security when booking a vacation.”