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Slim d’Hermès Email Grand Feu: Daily Beater

When you look at the Slim d’Hermès Email Grand Feu, you’re looking at both fire and ice. Fire, because the enamel dial is fired in a kiln at 830°C, which is why watches with such dials are called ‘grand feu’ (great heat, literally). The ice bit is more metaphorical is it refers to the precision of crafting the in-house H1950 ultra-thin automatic movement as well as the font. Yes, graphic designer Philippe Apeloig specially crafted the font of the Arabic numerals for this watch. Take a good long look at the dial, see how those gorgeous baton hands work with the Grand Feu dial and the font, and let it grow on you.

We first saw this watch at the La Montre Hermès stand at BaselWorld this year, where by all accounts it was an unqualified success, but the appeal of it really hit home for us when we experienced the Slim d’Hermès exhibition in Singapore a couple of months ago, where the font sprang to life. The beauty of the lines might be hard to appreciate on such a small canvas as a watch dial but it is something you feel, over time. This is important because Hermès says this exquisite watch is designed to be a daily beater.

Firing of the dials. © Sandro Campardo

Returning to that canvas for a moment, you can’t understand the distinctive appeal of Grand Feu enamel in pictures. Ultimately, you have to see it in person. When you do that, recall that this is a three-part structure that is largely built manually, and that the beauty of the dial depends entirely on how long the artisan who fires the kilns keeps the dial exposed to heat. The resulting glaze you see here is permanent and requires no polishing – from the moment it emerges from the kiln for the final time till the end of time, its properties will not change. This of course contrasts with simple lacquer, which changes over time; a white dial like this one would slowly acquire a yellow tint.

 

Specs

Dimensions: 39.5mm Functions: Hours, minutes, small seconds Power Reserve: 42 hours Movement: Automatic (micro-rotor), calibre H1950 Material: Rose gold (5N 750) Water Resistance: 30 meters Strap: Matt Havana alligator

Dubai Continues Unveiling New Luxury Properties

Even with declining property prices in Dubai, the city is seeing developers roll out scale models for more elaborate property projects. One fair gaining a reputation for featuring shining skyscrapers, golf-course villas and houses is Cityscape.

This week, the fair presented the Jumeirah Central project that will see an entire district of residential and office blocks, hotels and a mall up for sale to potential buyers. The property will be located in the city’s heart, Sheikh Zayed district and is owned by Dubai Holding, the developers behind the sail-shaped Burj al-Arab hotel.

Another development announced before the fair began was Emaar South (model pictured below). The project is expected to be built in Dubai South by Emaar Properties, who also happen to have built the Burj Khalifa among other Dubai landmarks. The location of the project will see it in the same area as Dubai’s second airport, Al-Maktoum. The new airport is set to overtake Dubai International as the base for Emirates Airline and may even become the world’s largest. “It is really amazing to get the chance to keep expanding this city,” Emaar chairman Mohamed Alabbar said at the launch. “Keep in mind that we are (only) 40-plus years old… We are really young as a country and as a city and there is a lot to do,” he added.

Nakheel, the developer behind the man-made Palm Jumeirah, used the first day of the fair to announce an apartment complex that may very well become the star of the Dubai skyline. Back in 2002, the city was a magnet for property investments when the sector opened freehold inventory to foreigners. Thanks to this, value of properties climbed at breakneck speed until 2009 when the global financial crisis hit. With the help of tourism, trade and transportation, Dubai property was able to trend upwards again between 2012 and 2014. When the bubble burst again, it was at a slower pace where it dropped by 15% according to property consultancy firm Jones Lang LaSalle.

According to another property consultancy firm Cluttons, prices are set to soften later this year and will see the average price per square foot stand at 1,375 dirhams ($375). “We see the residential real estate market bottoming out by the end of this year,” said John Stevens, managing director of Asteco real estate services. While some decline is expected, Stevens said that the market is expected to be stable. Some attribute the drop in the market to the fall in Russian ruble last year as well as Brexit that saw the British pound drop. However, the good news for Dubai is that there is still interest coming in from other regions.

Transactions amounted to 57 billion dirhams ($15.5 billion) in the first half, according to official statistics, with Emirati nationals topping the list with deals worth 14.5 billion dirhams.

The rest were snapped up by foreigners led by Indian investors, with transactions worth seven billion dirhams, while Saudis and Britons clinched deals totalling four billion dirhams each.

“External factors over the years have always affected the appetite from certain countries,” said Stevens. “Certainly in the past 12 months, we’ve seen much greater interest from China, for example.” Only time will tell if the property market will improve in one of the fastest growing cities in the region.

Kenny Rogers’ Beaver Dam Farms to be Auctioned

Country music hall of fame member and multiple Grammy winner Kenny Roger’s country estate Beaver Dam Farms is set to be auctioned come July 9.

At an imposing 973-acres, the estate in Georgia is home to an impressive array of facilities: three private spring fed lakes, a 12,000-square-foot mansion, five guest houses and clubhouse, lake clubhouse and a two-acre indoor equestrian/multipurpose arenas with 44 stalls. The list doesn’t end there; there are also two swimming pools, two clay tennis courts and an 18-hole championship rated golf course.

The estate was of great significance to the prolific musician and businessman. “I was raised in the projects in Houston, Texas, and I always had this dream of doing something spectacular,” he said. “I remember when I was young, I would walk through the wealthy part of town on my way to school and saw the automated sprinklers and thought, ‘one day I’m going to have those.’ So, when I built the golf course, I would go out and sit on the golf cart and watch the sprinklers. To me, it was a sign that I had achieved my dreams.”

The property not only served as inspiration for Rogers’ many songs, but is also a reflection of his signature style. Throughout his residence, he had hosted several publicised golf tournaments on the greens he personally designed. These included the Classic Weekend, a fundraising event featuring basketball, tennis, fishing and golf besides music and entertainment.

The estate will be sold at the auction for or above USD3.5 million and will be fully furnished while the replacement cost of the property is estimated to be somewhere between USD30 to 40 million. “This is a once-in-a-lifetime opportunity,” said Good. “Beaver Dam Farms is rich in history and uniqueness, and someone is going to get a steal July 9 at the auction.”

The property is available for viewing every Saturday and Sunday from 10 a.m. to 5 p.m., from now until the July 9. Qualified buyers may schedule an appointment via email at [email protected]/* */.

Mainland Chinese Property Shopping Spree

I can’t resist reading, learning and analysing the patterns of the Chinese investor. By Chinese I mean the PRC citizens. Their sheer quantity and quantum of spending are nothing short of mind-blowing and they change the market dynamics. Hence it is of great value for investors to watch, understand, follow and try to predict this amazing phenomenon.

Chinese tourists are snapping up luxury goods in billions of USD. Wherever these big-spending tourists travel to, the retail is booming and hence the rental returns go higher, benefiting the landlords. In this article I will concentrate on property per-se. Unsurprisingly, the massive spending of PRC citizens on overseas shopping extends to property as well, with many of them buying while holidaying abroad.

HOLIDAY HUNTING FOR OVERSEAS REAL ESTATE

Over a third of China’s HNWIs have already bought property abroad, and 41% of them intend to invest in overseas real estate within the next three years – 66% plan to invest in residential properties, according to Juwai site data. The top 10 countries most enquired about by Chinese buyers on their site are the US, Australia, Canada, New Zealand, the UK, Thailand, Spain, Germany, Japan, and France. In fact, six out of these 10 countries were on the list of top 10 holiday destinations for rich Chinese in the last couple of years.

Nothing is new about fly-and-buy behavior that we all experience sometimes. However, nothing transforms the property markets the way the Chinese travelers do and they are already the fastest-growing tourism market on our planet.

Chinatown, SingaporeCASHING IN ON CHINESE TOURISM

The businesses around the world have realized that the value of Chinese holidaymakers is too lucrative to ignore. Hospitality business, retailers, even Chinese developers and corporate investors are joining the great money wave outside their country where Chinese globetrotters are flocking to for holidays. This is where the businesses and investors are seeking to invest to tap into the unprecedented demand for goods and services.

Chinese companies bought resorts in Hokkaido and duty free shops in Tokyo, basically to accommodate and cash in on their own holidaymakers and shoppers. They know to buy the best. Just an anecdote, in the last few trips we could not find a nice Japanese whiskey in many main stores around Tokyo, nor in duty free shops in the airport, all sold out to Chinese tourists!

Chinese nationals also became the largest foreign buyers of homes in the U.S.A. last year, as they buy American real estate in billions of dollars. A huge surge in Chinese buying of both residential and commercial real estate last year took their five-year investment total to more than $110 billion, according to the study from the Asia Society and Rosen Consulting Group. The sheer size of that total has helped the real estate market recover from the crash that began in 2006 and caused the 2008 economic crisis. Despite a slowdown due to China’s attempt to suppress capital outflows, the figure for the second half of this decade is likely to double to $218 billion, the study said.

Very interesting to note the findings from my research and open sources – it’s astonishing that in 2014 China issued 16 million passports. As of 2012, around 38 million Chinese nationals held ordinary passports, comprising only 2.9% of the total population at the time. If even a total number of passport holders just doubled in the last three and a half years, it means we’ve currently only seen around 6% of the Chinese population travelling so far. We can only imagine how the property markets will look when there will be many more of these lucrative tourists coming to shop overseas.

Sydney HarbourAROUND ASIA

Now let’s look closer to our home, what is going on in the cross-border buying of property. As I previously correctly predicted in this publication (that’s Palace magazine in Singapore) a few months ago, the Australian market got most of the incoming money poured into their property. This is despite various property taxes and limitations on foreign buyers, such as a prohibition to sell secondhand property to foreigners. Most of the buyers are Chinese.

Meanwhile in Southeast Asia, Chinese tourists turned around the Thai economy, becoming the single biggest source of growth and giving a much needed push to Thailand, without which it would be in decline. The number of Chinese visitors swelled by more than 71% last year to 7.9 million. That’s a substantial portion of the almost 30 million international tourists visiting Thailand. I don’t have enough info yet on their property buying in Thailand, but they really keep the 4-5 star hotels there busy.

What is seen though is that the majority of PRC tourists are still coming in groups and that limits their capacities to buy properties as they do in the U.S.A. and Europe. It’s only a matter of time when more of them will be coming on their own and will turn the tide on a desirable resort property of the Kingdom.

In our region, not only the Chinese dominate the property markets. In Vietnam the easing of real estate laws and a thriving economy gave confidence to Vietnamese diaspora to send money in record numbers, adding steam to the property sector, now undergoing another boom after emerging from the depression. I can see foreigners moving in as well, but overall, the Vietnam property market is dominated by overseas Vietnamese. I also note lots of construction going on in places like HCMC.

My only hope is that the developers won’t overbuild and together with buyers, won’t create another bubble. Singapore and Hong Kong are in the grip of their governments’ imposed cooling measures, so the residential markets are in decline overall. Singapore remains a choice investment for local investors and foreign funds, given its triple A rating and “safe haven” status.

Buying activity in the Singapore real estate investment market is poised for a comeback. For now though, I see mostly the bottom-fishers who are back and looking for bargains in high-end residential property in Singapore which is quite underpriced compared to similar properties in Hong Kong, London and Manhattan.

The shophouse is a market segment in Singapore, which is attracting investment. It has also been one of my favorites for many years. I love them! Values of shophouses, especially in central areas, have jumped over the past three years, escalated by their scarcity and demand from funds and foreigners. Some recent deals by foreign investors went for over USD 2,700 per sq. ft. in terms of gross floor area. In the business districts, prices rose some 80% in the last 4 years. It seems like more foreign funds and private investors are buying as locals tend to look more at the yields and recently the yields are very low.

Sometimes as low as 2-3%. However, funds and foreigners see a great value in these scarce property gems as they are aggressively buying these houses, counting on capital appreciation. Once the shophouse is nicely renovated, there is a good leasing demand, as tenants still find these rents worthy when compared with shopping malls or higher end office buildings. I think looking forward, more buyers will be showing interest in this property segment. I also see more value at less central locations that can cater to offices as well as F&B in locations such as Kampong Glam.

Kampong Glam is one of the ‘ethnic centres’ in a relatively central area of the city. Its prices did not increase as much as the hip corners of China town, such as Club Street. Being along the Victoria Street and the well-established exotic retail enclave of Arab Street, it is a promising investment location to have in one’s portfolio.

Alexander Karolik-Shlaen EMBA, economist and real estate investor, is the CEO of Panache Management – a luxury brands and property investment advisory

This article was first published in Palace magazine.

Record-Setting Car Auctions: Concours 2016

“The rise of Ferrari across the board has been a bit of phenomenon of the last 10 years,” begins Peter Haynes from RM Sotheby’s. Not only have the incredibly rare models from the 1950s and 60s rocketed in value but in recent years the prices of even 1980s and 90s Ferraris have jumped significantly — $575,000 for a 2001 Ferrari 550 Barchetta, anyone?

But is that about to change? “It’s a relatively limited pool of people that want to buy the very high value cars,” says Haynes. “You could potentially argue that Ferrari has been overheated because there have been far too many big Ferraris coming to market.”

A 1931 Bugatti Type 51 Grand Prix Racing Two Seater is one of the stars of this year’s Bonhams sale.

What sends an auction into a frenzy is when a seriously significant car that has been in private ownership for a very long period of time finally comes up for sale.

“There are lots of lovely Bugattis that haven’t come to market over recent years. Lots of D-Type Jags. And now that they are, they are shining,” says Haynes.

And after years of unavailability, a Le Mans-winning D-Type is coming up and it has a conservative estimate of $20-$25 million. “A big, historically significant car doesn’t need to be a Ferrari to make a record price. A Le Mans-winning D-Type Jag is always going to be one of the most valuable cars in the world,” says Haynes.

This 1955 Jaguar D-Type won the 1956 24 Hours of Le Mans.
© Patrick Ernzen Courtesy of RM Sotheby’s

But the D-Type isn’t a solo performer. There is a 1931 Bugatti Type 51 Grand Prix Racing Two Seater ($14-$20 million+) that went under the hammer at Bonhams’ Quai Lodge auction on August 19 (It actually sold for $4 million, narrowly edging the Ferrari LaFerrari at the same sale). Or a 1939 Alfa Romeo 8C 2900B Lungo Spider by Touring, one of only 12 in the world if you had upwards of $25 million to spare and attended the RM Sotheby’s sale. It closed for $19.8 million, making it the 8th most expensive car ever sold at auction.

A new order?

And then then there’s the total wildcard. The original Shelby Cobra, the car that Carroll Shelby himself built and owned until the day he died. A car that has never, ever come up for sale and one that represents Genesis verse one, chapter one in the bible of American international motorsports history. A normal Cobra can fetch upwards of $1.5 million. This one could fetch 20 times more. In the end, when the gavel fell, the car sold for $13.8 million, making it the most expensive American car ever sold at auction. It is, by our reckoning, number 21 on the list of most expensive cars in the world sold at auction.

“All of these cars are absolutely capable of entering the top 10, which up to now has been almost exclusively dominated by Ferrari,” says Haynes. From what we have seen, only the Alfa 8C lived to this billing, which is still a big thrill.

The very first Shelby Cobra CSX2000
© RM Sotheby’s

As well as Ferrari fatigue, any possible rearranging of the top 10 is also down to changing tastes. Every year the average age of auction attendees drops as does the age of the cars they covet. This leads to even Japanese models becoming motoring icons and thus collectible.

“We can only guess what our kids may be potentially interested in buying when they hit their 40s,” explains Haynes. “How will they view something like a Ferrari Daytona? They might think it’s very cool or they might think its a horrendous antique not worth the garage space. It’s going to be interesting.”

Focus: Ocean Drive Bungalow, Sentosa Cove

Built on a sprawling 10,100 sq. ft. plot right on the bay, the majestic Balinese-style bungalow welcomes owners’ home to a panoramic sea view which happens to boast a backdrop of Singapore’s iconic city skyline. The 2-story house is situated in the prestigious neighborhood of Singapore’s Sentosa Cove.

A lush pedicured garden with water feature surrounds the house, while a “club house” section with a swimming pool, a pool bar, a sauna room and massage hut adds on to the grounds. Guests would find themselves in dis-belief when they enter the basement where a wine cellar hides the owner’s latest wine collection while a karaoke and entertainment room awaits next to it. Ensuite bedrooms greets guests on the second floor with high ceiling fans.

A modern installed kitchen with a European kitchen counter top creates a dynamic blend of traditional south-eastern architecture with modern interiors. The designer created a soothing Balinese environment overlooking the bustling skyline and being a mere 10-minutes drive into Singapore’s CBD district.

Given the rarity of sea facing bungalows in Sentosa Cove, this house is one of the crèmè de la crèmè for the distinguished gentleman’s real estate trophy collection.

Type: 2-Story House with 4-Bedrooms and Study

Price On application

Story Credits

This article was first published in Palace Magazine

Property Focus: Duplex Penthouse, Century Tower, HK

A Scandinavian concept designer duplex penthouse with a 180-degree panoramic view of the entire Victoria Harbour resides majestically atop the prestigious mid levels estate.

This penthouse is situated below the fog-line. It is on a similar horizontal line with 28 Baker Road; yet this residence is just 10 mins away from Central.

Everything from the warm wooden walls to the floor design and cleverly installed glass fixtures on the stairway and balcony welcomes the family home from the hustle and bustle of the vibrant energy of the city.

The kitchen is spacious and generously proportioned, with state-of-the art Miele installations while the dinning hall sits comfortably next to the vast greenery on the mid levels.

All ensuite bedrooms are privately located on the upper floors and enjoy the cinematic view of the Victoria Harbour.

The penthouse comes with three carports, the closest ones to the elevators, and is one of the only two floors which have grand marble lobby.

Mail is delivered directly to each unit of the building, providing a high degree of privacy and a high status experience.

Swimming pool, open park, gym room, free shuttle bus (to Central) are available.

Price on application
3 Ensuite bedrooms
5,130 sq.ft. (Gross Area)
4,082 sq.ft. (Saleable Area)

This property is managed by Alta Collection.

This article was published in Palace Magazine.

Guide: Investment Visa Growth, USA Part 1

Investment visas are big business for countries in a fluctuating world economy. They give people with substantial funds, the ability to leave their home country for perhaps a more stable one, while enabling countries to have an additional stream of income. Over the past decade, the number of visas offered to investors around the world, and their popularity has grown exponentially.

Why has this happened you might ask. As the world was thrown into the economic abyss of the 2008 financial crisis, almost every developed country suffered substantial financial damage. For many individuals, their property was devalued, they may have lost their jobs and their disposable income all but dried up. Suddenly, you have individuals who have had their credit ruined and cannot attain a new job.

On the other hand, you have developing countries with less exposure to Western banks and very manufacturing and/or mining commodity based economies. As investors become wary of investing in company shares on the global stock markets, commodities become hot. Gold and oil reach all time highs and construction in China and other parts of Asia pushes associated building materials through the roof. A new class of the super rich is born.

What do wealthy individuals from developing countries want? Political stability. They don’t want drastic and rapid changes to taxes, travel, business regulations and the rule of law. When you have countries with stability and a lack of liquidity, you target individuals looking for exactly what you can offer. Simple. Foreign investment creates jobs and adds to the wellness of your economy, as long as the money is put to use.

Thus, the popularity of the investment visa grew. Foreign investors would be required to invest large sums of money in businesses or real estate and in exchange would receive visas to reside in the given country. Among the most popular, due to its usability and lack of real interaction required by the investor, is the EB-5 visa.

USA

Investing in real estate to attain a visa in the USA is a little different from other countries offering visas for investment. You’re not so much investing in an individual house to live in, but in most cases, a business that builds and manages homes, hotels, offices, etc. Now this isn’t always the case; the business may have a different purpose, however this tends to be the easiest set-up to meet the requirements. The official title is the EB-5. It was created by Congress in 1990, however it didn’t really come into the mainstream until Congress created the Immigrant Investor Program in 1992. What this basically did was enable Regional Centres in different areas across the country to promote commercial projects to foreign investors in the hope that the money would generate economic growth.

Orlando Eye, Florida How much do I need to invest?

The minimum investment is USD 500,000 if investing in a “Targeted Employment Area” or USD 1 million anywhere else. A targeted employment area is an area of high unemployment (at least 150% of the national average rate) or a rural area (any area outside a metropolitan statistical area or outside the boundary of any city or town having a population of 20,000 or more according to the decennial census).

Further Requirements:

• In most instances you must invest in a new commercial enterprise that was established after November 29, 1990. • Must provide employment to 10 Americans for 24 months.

How do I qualify?

• Must be at least 21 years of age, • Demonstrate legal source of assets and funds, • Choose a qualified investment project.

What do I receive?
The Department of Homeland Security states that under this program, entrepreneurs (and their spouses and unmarried children under 21) are eligible to apply for a Green Card (permanent residency) if they fulfil the requirements. That Green Card can allow you to apply for naturalization after 5 years and become a US citizen.

City Center West Orange

Located in the heart of Central Florida, the City Center West Orange development showcases what the EB-5 Program is all about. Plans feature condominiums, hotels, a convention center and more than half a million square feet of retail and commercial space. The first phase of City Center West Orange includes 450 condominiums in the 29 Palms’ community. The residences have access to resort style amenities including: a rooftop pool, 24-hour fitness room, a club room, controlled entry and electric car charging stations. This project is huge and located in a “targeted employment area”. The developer, Park Development Corporation has an extensive history of developing projects in the Orlando area, including apartment complexes, office buildings, hotels, condominiums and retail centers. Marketing the project globally is Celebration, Florida based Universal Trust Investment Solutions.

This article was first published in Palace magazine.

MB&F Horological Machine 8 Can-Am: Racing Time

With the Horological Machine 8 Can-Am, Swiss watchmaker MB&F continues its tradition of delighting watch collectors with thoroughly idiosyncratic creations. Now, those in the know will be thinking, shouldn’t it be the HM7 and actually that is right. MB&F is vaulting over the HM7 but we’ll let Max Busser (the MB in MB&F) explain it.

“We had a choice between producing the HM7 or the HM8 this year and because the HM8 is inspired by the Can-Am racing (which started 50 years ago) we decided to go with the HM8. Of course, changing the number would have been easy but the ‘8’ here is the result of ‘5 + 3’ (HM5 and HM3) so we kept it.” Ok, that’s a great explanation but it unfortunately requires an explanation, especially because if you count the HMX, the HM8 is then properly the eight Horological Machine from MB&F! Thanks for giving us a reason to write more words on this MB&F! In case you’re wondering, Busser was speaking at a presentation for the MB&F HM8 in Singapore for watch retailer The Hour Glass.

First of all, some watches reveal their charms easily in photographs; the MB&F HM8 is not one of them. In a world of round watches competing for attention with variations large and small, the HM8 is in a class of its own. For example, it is both sumptuously curvy yet somehow just as angular; having just seen it in person, I can say it is the most remarkably flat watch I have seen in recent memory and this is important but we’ll come back to that.

When you look at the watch, you’ll think at once of the HM3 and the HMX (and maybe the Bugatti watches created by Parmigiani-Fleurier), which is exactly what MB&F wants. This brings us back to that Can-Am bit and the HM3, which is important because like everything MB&F does, this is connected to Busser’s childhood. The Canadian-American Challenge Cup peaked long ago and has been defunct since 1987 (look it up). Like most American racing, it was completely bonkers but the cars were highly distinctive in their curvilinear designs – the roll cage inspired the bars on the watch.

 

As for the HM3 bit, well that concerns the battle axe motif that has been consistently used by MB&F since the first Horological Machine – well except for the spoilsport HMX. The HM3 put this motif front and center, not only dial side (so to speak) so it was always visible but you could also feel it whirling when you moved. Looking at the time and feeling the motion of the rotor makes one feel connected to one’s timepiece, is how Busser put it. Well, this connection is back in the HM8, where the massive sapphire crystal over the movement is so transparent that at some angles, you can’t even tell that there is something covering the display of the rotor. Another nod to the open-top racers of Can-Am perhaps…

How is the battleaxe motif and that race car design related? Well, Busser wanted to be a car designer and the battleaxe was the weapon of his favorite cartoon hero. He has grown up to be neither a car designer nor a superhero but he nonetheless gets to express these passions in his professional work. It is really that simple.

Before we get to specifications, you should reacquaint yourself with the HM5 and the HMX too because the watch basically works in the same way, in terms of how the indication of time works. Neither of these watches had the rotor on the front of the watch though (not to be confused with the indicator-side in the case of the HM8). The HMX didn’t even express its rotor in the battleaxe form. Once again, MB&F makes it difficult to express exactly how this all comes together so our advice is to go look for the watch. Happily, the MB&F HM8 isn’t a limited proposition, as much of the firm’s output is, so if it retails where you live, you might be able to find the real thing to take a look.

Specs

Dimensions: 49 x 51.5 x 19mm Functions: Bi-directional jumping hours, trailing minutes (these are displayed via dual reflective sapphire crystal prisms and integrated magnifying lens) Power Reserve: 42 hours Movement: Automatic Sowind gear train with in-house jumping hour and trailing minutes module Material: 18k white gold and titanium; 18k red gold and titanium Water Resistance: 30 meters Strap: Hand-stitched alligator strap in marine blue (white gold case) and dark brown (red gold case), folding buckle in matching material

Oceanemo 33 Superyacht Concept By OCEA

While many yacht manufacturers are gearing up to showcase the final products of the labour at the Cannes Yachting Festival, OCEA is getting ready to unveil the model that will soon be the Oceanemo 33. The 3-meter model will be on display at the yachting festival and will showcase the additions that can be made to cater to various owners.

The soon-to-be-built superyacht was designed by architect Fulvio De Simoni and will be built by French shipyard OCEA. Dubbed a “Sport Utility Yacht”, the Oceanemo 33 brings elements of the famous 44-meter Oceanemo to help broaden the series. Set to span four decks, the superyacht will not compromise on the luxurious space to accommodate the 56 square meter hanger. Designed for lovers of water sports the hanger is said to be able to hold a seven-meter and a 4.5-meter tender, two wave runners and four sea-doos.

One new feature that boasts versatility is the “Raised deck” that measures 46 square meters. Owners can choose to use the space to hold a 19 foot Sportfisherman AL Custom and a six-meter Day Sailer or even a one or two-seater submarine for amphibious exploration. For more entertainment, the superyacht can also be fitted with inflatable slides and other water gadgets and toys. Should water sports not be something you are looking for, then the external layout also holds space for an outside bar and a lounge on the upper deck along with a “Veranda” that can be used as a dining space on the main deck.

Seating space within the Oceanemo 33

Apart from the many amenities, the superyacht will also be fitted with two VIP cabins and two guest cabins each with its own private bathroom. For the owner, the Oceanemo 33 provides a owner’s suite complete with a study area and private bathroom that takes up most of the space on the upper deck.