Tamansari Gangga – Market Study

Client : Wika Realty

KEY ISSUES ADDRESSED :

  • Not a popular area to sell condotels
  • Different tourist profile of the area compared to the popular Kuta and Seminyak

RECOMMENDATION :

  • Price: 35 sqm for USD101K (2013 pricing) – Hotel room unit
  • Villa units should target rich family investors, not typical condotel buyers.
  • Spa area at the beach front, but restaurant area advised to be located at the top, overlooking rice fields.
  • Hotel/Resort should focus on family activities

IMPLEMENTATION BY CLIENT :

  • 97 Rooms & 38 Luxurious Villas
  • Marketing gimmicks include:
    • Sky Bar and Restaurant
    • Beach Front Spa
    • Kids Club, Horseback Riding
  • Price : USD125K for 30 sqm unit (2015) for hotel room unit
  • Spa on the beach front
  • Restaurant close to lobby (at the top)
  • Big villas close to beach front
  • Focus on kids and family activities

Shot2

(preliminary site plan recomendation by RES)

GanggaFromOLX

(current site plan from marketing brochure)