Torok Hill Resort by Invest Islands wins Best Upcoming Hotel Development at PropertyGuru Indonesia Awards
Invest Islands, one of the fastest-growing property development companies in Indonesia, has been recognised as overall winner in the ‘Best Upcoming Hotel Development’ category at the prestigious PropertyGuru Awards Indonesia for its Torok Hill Resort project on the island of Lombok, West Nusa Tenggara.
Invest Islands’ Torok Hill Resort will contest the Best Hospitality Development category at the PropertyGuru Awards Asia, after winning Best Upcoming Hotel Development at the Indonesian awards.
Comprising 14 hectares, ‘Torok Hill Resort by Invest Islands’ broke ground last month and is being constructed with the help of Bali-based heavyweights Tunas Jaya Sanur (TJS).
Set for completion in early 2023, the high-end luxury destination features a sustainable design and locally sourced materials, with the project consisting of 22 duplex bamboo villas on the beachfront and more than 80 one-, two- and three-bedroom villas located on a stepped hillside with panoramic views of the Indian Ocean and private swimming pools.
Continue reading at retalkasia.com/news/2020/11/20/torok-hill-resort-invest-islands-wins-best-upcoming-hotel-development-propertyguru
Recommended
Foreign demand recalibrates in Southeast Asia housing markets
Even amid global headwinds, Southeast Asia’s property markets hold appeal for foreign buyers
Tariffs and turmoil test Singapore homes as suburbs hold firm
Foreign levies, regional wars, and buyer fatigue are putting pressure on the city-state’s housing market
Gulf luxury markets lure global capital amid policy shift
Gulf nations are shaking off a reputation for overt bling to lead a post-pandemic luxury boom
China housing slump deepens as oversupply drags prices
Concerns remain over surplus inventory built by troubled property developers as prices continue to fall across all but a handful of major cities
