11 October 2008
MUSCAT -- The Wave, Muscat has achieved a significant landmark in its development as it welcomed its first resident owner into Oman's first freehold Integrated Tourism Complex.
The keys of Villa No. 2 were handed over to Van Buitenen and his wife, who are from Holland, at a function held last week under the auspices of Mohammed bin Hamoud Al Toobi, undersecretary in the Ministry of Tourism, Sander Janssen, counsellor from the Dutch Embassy, Nick Smith, CEO, The Wave, Muscat; Abdulla Al Shidi, deputy CEO, The Wave, Muscat, and other high-ranking officials from the management team at The Wave, Muscat.
The Wave, Muscat has honoured its promise to deliver and hand over homes in Phase 1 of the development during 2008. This residential community development has effectively changed the landscape of the area and is proud to play a critical role in redefining lifestyle options in the Sultanate.
On the occasion, Al Toobi said: "This is a historic day for Oman as the first expatriate family moves into Oman's first freehold Integrated Tourism Complex. This also marks a celebration of our credibility as a country that has delivered on its promise and upheld the legislation that was passed to strengthen our diversification into the tourism sector. My congratulations to the team at The Wave, Muscat for keeping their commitment of delivery of homes to their investors."
Nick Smith, CEO, The Wave, Muscat said: "This is indeed a memorable day for us. The first homes are ready and we have now begun the handover process. The homes have undergone a vigorous quality control checks. A definitive traffic control plan to segregate residential and construction vehicles for safety and comfort has been executed. It is a great day for both The Wave, Muscat and Oman as we welcome the first residents into the Sultanate's first Integrated Tourism Complex."
"The sheer scale and speed of development at The Wave, Muscat has helped turn Oman into a dynamic "hotspot" in the Middle East. We have come a long way in a very short space of time. We have been able to do so because we have worked as a team with the highest quality partners and contractors within the Sultanate, which has culminated in the creation of aspirational communities and lifestyles. Each handover throughout the rest of the development is going be a testament to our promise to develop The Wave, Muscat as a great place to live in, and a place of choice for investors and visitors alike."
This is certainly the case for Van Buitenen family, who became the first owners to receive the handover of their property. It was an emotional moment for the family as they received the keys of their home at The Wave, Muscat.
Van Buitenen fondly remembers the first day when he went to the sales office, and is now delighted about having made that decision to invest in Oman's first freehold real estate development. Nick Smith said: "We are in the business of offering a lifestyle opportunity, which helps people realise their dreams. What we have been able to do for this family and for many of the other residents, has, in part, been directed by them via the focus groups with our customers. The project will, of course, develop over time, and our residents will see the Fairmont and Kempinski Hotels, the Greg Norman Golf course, the vibrant marina and village area come to life. This is the day that the new heart of Muscat has started beating." The Wave, Muscat is being developed through a joint venture comprising Oman's Waterfront Investments (representing the Government of the Sultanate of Oman), National Investment Funds Company (representing the Omani Pension Funds), and the UAE-based Majid Al Futtaim Group. For more details on the Wave, Muscat please log on to www.thewavemuscat.com.
The Wave, Muscat is the first 100 per cent freehold development in Oman and a unique public-private venture valued at $2.5 billion. A world-class community spread along six km of natural beach, The Wave, Muscat will comprise Oman's first links golf course, designed by Greg Norman; a 300-berth marina; modern and spacious apartments and townhouses; water, beach and garden-view villas; and three luxury hotels.
MUSCAT -- The Wave, Muscat has achieved a significant landmark in its development as it welcomed its first resident owner into Oman's first freehold Integrated Tourism Complex.
The keys of Villa No. 2 were handed over to Van Buitenen and his wife, who are from Holland, at a function held last week under the auspices of Mohammed bin Hamoud Al Toobi, undersecretary in the Ministry of Tourism, Sander Janssen, counsellor from the Dutch Embassy, Nick Smith, CEO, The Wave, Muscat; Abdulla Al Shidi, deputy CEO, The Wave, Muscat, and other high-ranking officials from the management team at The Wave, Muscat.
The Wave, Muscat has honoured its promise to deliver and hand over homes in Phase 1 of the development during 2008. This residential community development has effectively changed the landscape of the area and is proud to play a critical role in redefining lifestyle options in the Sultanate.
On the occasion, Al Toobi said: "This is a historic day for Oman as the first expatriate family moves into Oman's first freehold Integrated Tourism Complex. This also marks a celebration of our credibility as a country that has delivered on its promise and upheld the legislation that was passed to strengthen our diversification into the tourism sector. My congratulations to the team at The Wave, Muscat for keeping their commitment of delivery of homes to their investors."
Nick Smith, CEO, The Wave, Muscat said: "This is indeed a memorable day for us. The first homes are ready and we have now begun the handover process. The homes have undergone a vigorous quality control checks. A definitive traffic control plan to segregate residential and construction vehicles for safety and comfort has been executed. It is a great day for both The Wave, Muscat and Oman as we welcome the first residents into the Sultanate's first Integrated Tourism Complex."
"The sheer scale and speed of development at The Wave, Muscat has helped turn Oman into a dynamic "hotspot" in the Middle East. We have come a long way in a very short space of time. We have been able to do so because we have worked as a team with the highest quality partners and contractors within the Sultanate, which has culminated in the creation of aspirational communities and lifestyles. Each handover throughout the rest of the development is going be a testament to our promise to develop The Wave, Muscat as a great place to live in, and a place of choice for investors and visitors alike."
This is certainly the case for Van Buitenen family, who became the first owners to receive the handover of their property. It was an emotional moment for the family as they received the keys of their home at The Wave, Muscat.
Van Buitenen fondly remembers the first day when he went to the sales office, and is now delighted about having made that decision to invest in Oman's first freehold real estate development. Nick Smith said: "We are in the business of offering a lifestyle opportunity, which helps people realise their dreams. What we have been able to do for this family and for many of the other residents, has, in part, been directed by them via the focus groups with our customers. The project will, of course, develop over time, and our residents will see the Fairmont and Kempinski Hotels, the Greg Norman Golf course, the vibrant marina and village area come to life. This is the day that the new heart of Muscat has started beating." The Wave, Muscat is being developed through a joint venture comprising Oman's Waterfront Investments (representing the Government of the Sultanate of Oman), National Investment Funds Company (representing the Omani Pension Funds), and the UAE-based Majid Al Futtaim Group. For more details on the Wave, Muscat please log on to www.thewavemuscat.com.
The Wave, Muscat is the first 100 per cent freehold development in Oman and a unique public-private venture valued at $2.5 billion. A world-class community spread along six km of natural beach, The Wave, Muscat will comprise Oman's first links golf course, designed by Greg Norman; a 300-berth marina; modern and spacious apartments and townhouses; water, beach and garden-view villas; and three luxury hotels.
Times of Oman 2008
