HOT Magazine HOT Magazine Issue - 9, 10 Volume 5 | Page 75

We have changed the image of the
surrounding area and have lifted the
standard of living there. We have
added pride to home ownership and
are proud that Sanctuary Lakes was
awarded the best environmental
design in Australia.
It has been very satisfying for me
in particular. A buyer did mention
that staying home is like a holiday
in a resort. Another had thanked
me for providing the enjoyment in
a home which he couldn't have had
otherwise.
RD: Before purchasing the land for
a new housing estate, do you conduct
a lot of market research, or, after 40
years of doing this, do you have a gut
instinct telling you that a project will
be successful?
MT:
We are developers. We
"develop undeveloped land". We
are pioneers in that direction. We
achieve new frontiers. Our approach
is a new concept. Market studies of
past projects are of no relevance to
us. Bankers very often don't share
our view. Consequently, our projects
are very often self-funded. Our
experience, our gut instincts are our
guidance.
RD: Your very first real estate
project in Thailand is called Sanctuary
Lakes Hua Hin. Why did you choose
Hua Hin for your first foray into
Thailand?
MT: We did not choose Hua Hin,
Hua Hin chose us. It came to us
coincidentally. The chemistry was
there from the beginning. The terms
are conducive. The gut feel is good. In
a simple terms, all are just fated.
RD: If you were talking to a
potential home buyer in Hua Hin,
what would you say to convince them
to purchase a house at Sanctuary
Lakes Hua Hin?
2 biggest shopping centers of Hua
Hin. The world-renowned Bangkok
Hospital is located just next to these
2 shopping malls. Sanctuary Lakes
Huahin is second to none. It is the
hamlet in harmony with nature. Each
house will have natural lighting and
ventilation. The owner staying there
will call it "my home, my enjoyment".
RD: Michael, when you’re not
planning and building new real estate
projects around the world what do
you like to do for fun and relaxation?
MT: In each project I seek an
impact. I enjoy the challenges.
Outside my work, my pursuits,
among others, are challenges in golf,
skiing, driving, musical instruments,
singing and health.
Thank you Michael for your time in
talking with us.
MT: Sanctuary Lakes Huahin is
ideally located. It is only 15 minutes
from Blu Port and Market Village, the
Sanctuary Lakes, Melbourne
HOT Magazine
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