E L E M E N T SHideaway ResortKOH SAMUI, THAILAND

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Adjacent Land

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I n t r o d u c t i o n

Jones Lang LaSalles (Thailand) Limited’s (“JLL”) Hotel’s & Hospitality Group has been retained by Easy Living Samui Limited (the “Owner”) on a sole and exclusive basis to offer for sale Elements Hideaway Resort (the “Resort”) situated in Phang Ka Bay, Koh Samui, Thailand. Concurrently, JLL has also been appointed by Java Properties Co., Ltd. (the “Land Owner”) on a sole and exclusive basis to offer for sale a parcel of beachfront land directly adjacent to the Resort (the “Adjacent Land”).

Positioned on an absolute beachfront site along Phang Ka Bay, the Resort consists of 33 villas and guestrooms, 14 of which offer private swimming pools. This boutique resort sits on almost three and a half rai of freehold land with 60 meters of beach frontage and offers guests a wellness and hideaway experience that is popular with travelers to Koh Samui. The Resort features a multitude of facilities not typically found in a boutique resort and presents an exceptional opportunity to capitalize on the destination weddings business that is rapidly growing on Koh Samui.

In spite of very little marketing spend in recent years, the Resort continues to perform well and generates significant net operating income. The Adjacent Land offers a significant opportunity to build on this strong base of business by adding up to 28 additional keys and ancillary facilities. The Adjacent Land will also increase the beach frontage of the Resort by 40 meters.

The Resort is offered for sale with the benefit of vacant possession of brand and management and represents an exceptional opportunity for an investor to acquire a beachfront resort with both existing cashflow and further expansion potential on the paradise island of Koh Samui - one of Asia’s leading tourism destinations.

Detailed information on the Resort, including financial, legal and property information, is available for review upon the execution of a confidentiality agreement.

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The Offering Elements Hideaway Resort

Location 53/5 Moo 4, Phang Ka, Tambon Taling Ngam, Koh Samui, Suratthani, 84140, Thailand

Year Opened December 2009

Land Tenure Freehold Chanote Title

Land Area 3-1-33 rai (1,333 sq wah or 5,332 sqm)

Beach Frontage Approximately 60 meters

Gross Floor Area (GFA) 6,647 sqm

Accommodation 33 villas and guestrooms

Food & Beverage Facilities

• Fai Restaurant• Bamboo Bar and Restaurant (on Adjacent

Land on a lease basis)

Other Facilities• Serenity Spa• Body & Soul Wellness Center• Beachfront Infinity Swimming Pool• Tour Desk

Land Area of Adjacent Land 2-0-0 rai (800 sq wah or 3,200 sqm)

Beach Frontage of Adjacent Land Approximately 40 meters

Expansion PotentialUp to 28 guestrooms in an all villa or villa plus guestroom configuration with an additional swimming pool and F&B facility

Management Vacant possession of brand and management; 3rd party management options are available

Transaction Type Asset saleSource: Owner

E x e c u t i v e S u m m a r y

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K e y I n v e s t m e n t H i g h l i g h t s

ABSOLUTE BEACHFRONT LOCATION

The Resort is located in an absolute beachfront setting along the serene Phang Ka Bay. Rarely do resorts with an absolute beachfront and freehold title come on the market in the increasingly tightly held resort markets of Thailand.

EXPANSION POTENTIAL

The Adjacent Land is being marketed in conjunction with the Resort and presents an opportunity to expand the Resort by up to 28 keys. This can include Beachfront Pool Villas, Garden Pool Villas or Two-bedroom Pool Villas and Deluxe Rooms.

VACANT POSSESSION OF BRAND AND MANAGEMENT

The Resort is available with vacant possession of brand and management allowing an incoming investor to directly assume control or appoint a management company of their choosing. Several operators specializing in management of boutique resort assets have already expressed interest in branding and managing the Resort.

STRONG EXISTING CASHFLOW

The Resort benefits from a strong base of existing business which translates to a healthy net operating income which can be immediately assumed and improved on by an incoming investor.

Main Building

Beachfront Beachfront Pool Villas

Public Area

L o c a t i o n

SAMUI AIRPORT

InterContinental Samui Baan Taling Ngam Resort

The Sunset Beach Resort & Spa Taling Ngam

Nikki Beach Resort Koh Samui

Conrad Koh Samui Kamalaya Koh SamuiCentra Coconut Beach

Resort Samui ShaSa Resort & Residences Koh Samui

X2 Samui Resort

Rocky's Boutique Resort

Manathai Koh Samui

The Library Koh Samui

Outrigger Koh Samui Beach Resort

Hansar Samui

Samui Code Hotel

Mai Samui Beach Resort

Zazen Boutique Resort & Spa

Mantra Samui Resort

Serenity Spa

Body & Soul Wellness Center – Gym

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The Resort is located in Phang Ka Bay, a hideaway destination located an approximately 35-minute drive from Samui International Airport. Other resorts nearby include Conrad Koh Samui, InterContinental Baan Taling Ngam and Centra Coconut Beach with attractions such as Nikki Beach Club and numerous waterfalls also nearby.

Guests arrive at the Resort via the main building to the airy reception area dominated by a large water feature. The Deluxe Rooms, Body & Soul Wellness Center and back-of-house facilities are situated within the main building. Walkways originating from the main building lead to the remaining guestrooms, Fai Restaurant, beachfront infinity swimming pool, Serenity Spa, Adjacent Land and the beach.

The swimming pool directly fronts the beach offering a combined lap pool, Jacuzzi and kid’s pool with a deck area for sunseekers. The Serenity Spa is set amongst carp ponds and contains three treatment rooms. Each treatment room features an indoor area and an outdoor relaxation area including a combination of steam room, sunken Jacuzzi pools and rain shower. The Body & Soul Wellness Center separately offers a treatment room, an expansive gym, steam and sauna.

The Bamboo Bar and Yoga Center are located on the Adjacent Land on a lease basis. The Bamboo Bar provides a serene setting directly fronting the sea, punctuated by the intermittent arrivals of fishing boats and sunsets. Thai favorites and a wide array of drinks are on offer and guests are invited to lounge in bamboo pavilions.

Fai Restaurant offers an all-day dining experience, set overlooking the swimming pool with both indoor and outdoor seating options. The restaurant offers international cuisines with a bevy of raw and healthy dining options. The a-la-carte dinner menu alternates every few weeks in order to provide a wider variety of menu options for long stay guests. Specially prepared detox meals are also served at Fai for guests participating in a detox program through Body & Soul Wellness Center.

The Resort also offers a range of theme nights several days a week including Meet the Team, Beach BBQ and Sundowners to maintain engagement with guests amongst a variety of other premium services such as private beach dinners and boat charters.

P r o p e r t y D e s c r i p t i o n

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Two-bedroom Beachfront Pool VillasThe Resort offers four luxurious two-bedroom Beachfront Pool Villas featuring direct access to the fine sandy beach of Phang Ka Bay. The Villas comprise two buildings set around a central courtyard highlighted by a sunken Jacuzzi pool and a water feature. The front building offers a spacious living area overlooking a nine-meter long swimming pool, a Thai sala and the glimmering Gulf of Thailand.

The master and secondary bedrooms are set behind the living area and each offers airy high ceilings and bathrooms with open skylights and luxury amenities. The master bedroom additionally offers a four-poster bed and a more spacious four-point bathroom. The living area also encompasses a number of amenities including a dining area, pantry with full minibar, wine fridge and coffee maker.

Studio ApartmentsThe Studio Apartments are located above the Garden Pool Villas and feature an outdoor Jacuzzi bath located on the balcony. The apartments provide plenty of natural light with a working table and pantry overlooking a living area making this a suitable option for long stay guests. Bathrooms are generously sized, decorated with Terazzo tiles and feature double sinks and a rain shower.

Garden Pool VillasThe Garden Pool Villas offer a similar internal layout as the Studio Apartments, however with the additional feature of shady outdoor areas with private swimming pools.

Deluxe RoomsThe Resort’s Deluxe Rooms are located in the main building, offering views of landscaped gardens and partial seaviews from large balconies. Each room features a daybed, Thai style decoration and bamboo parquet floors.

A c c o m m o d a t i o n S c h e d u l e

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Two-bedroom Beachfront Pool Villas

210 sqm total area; 150 sqm internal area 4units

Garden Pool Villas

Approximately 60 sqm of internal area 10units

Studio Apartments

Approximately 60 sqm of internal area 4units

Deluxe Rooms

Approximately 45 sqm of internal area including balcony 15units Two-bedroom Beachfront Pool Villa

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Studio Apartment

Garden Pool Villa

Deluxe Room

Garden Pool Villa

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Beachfront Infinity Swimming Pool

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E x p a n s i o n O p p o r t u n i t y

An expansion plan could be considered onto the Adjacent Land which can be acquired in conjunction with the Resort. A number of configurations are possible with plans calling for four three-bedroom Beachfront Pool Villas and an additional beachfront swimming pool. Other room types could comprise up to 12 Deluxe Rooms and Garden Pool Villas / Studio Apartments or two-bedroom Pool Villas spanning two floors.

An additional food & beverage outlet could be planned to specifically cater to the weddings business featuring a larger kitchen and a banqueting hall. The expansion plan would require very little in the way of additional facilities as the additional rooms would be well served by the Resort’s existing facilities.

3D Perspective of a Potential Expansion Plan

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Existing Resort

Expansion Plan on Adjacent Land

P o t e n t i a l E x p a n s i o n La y o u t

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Beachfront Infinity Swimming Pool

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Fai Restaurant

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The information contained herein and in related materials has been compiled from sources believed to be reliable. Neither JLL nor any of its affiliates accept any liability or responsibility for the accuracy or completeness of the information contained herein. The recipient should make independent investigations as to the correctness of any statements or representations. The Owner reserves the right to withdraw from sale or sell the Resort at any time, or to modify the term of the sale process, without liability to any party. September 2015.

Jones Lang LaSalle (Thailand) Limited | Hotels & Hospitality Group19/F Sathorn City Tower 175, South Sathorn Road, Tungmahamek, Sathorn, Bangkok 10120 Thailandtel +662 624 6563 fax +662 679 6519