Released on: March 20, 2008, 9:46 pm

Press Release Author: KP Property

Industry: Real Estate

Press Release Summary: Only a short walk from the renowned beach of Thong Nai Pan,
Sitara Village is a unique environmentally friendly development by Greencore Co Ltd
covering over 140 Rai of prime sea-view land. Following strong sales of residential
plots, Greencore has recently announced the release for sale of the first phase of
cutting edge villas

Press Release Body: FOR RELEASE MARCH 18, 2008

Sitara Village: Luxury living at a new eco- sensitive development in
unspoilt Koh Phangan


Sitara Village
Only a short walk from the renowned beach of Thong Nai Pan, Sitara Village is a
unique development by
Greencore Co Ltd covering over 140 Rai of prime sea-view land. Following strong
sales of residential plots,Greencore has recently announced the release for sale of
the first phase of cutting edge villas designed by a leading Thai architectural
practice, Stem Design Co ltd. Stem design have previously designed iconic buildings
such as Qbar Samui and Mandalai boutique hotel.


Starting at only THB 5.4 m this new range of villas offers great value for money.
These stylish villas are complimented by a full range of resort facilities including
luxury Spa facilities and community club house. As in any good resort,
residents will benefit from professional property management services, maid and room
services and an impressive range of other on-site services. Ongoing management of
the village will be provided by a not-for-profit organisation set up by developers
Greencore to ensure residents receive long term value for money and the provision of
high quality site maintenance services. Residents will have the opportunity to
participate in
the running of the not-for-profit
management organisation.


What makes Sitara Village different to other developments on the market is the
strength of commitment by developers to the environment and
the local community. Every aspect of Sitara Village has been designed with the
environment in mind. For example, the developers have introduced strict regulations
to encourage the growth of trees and other plants, and building height restrictions
to limit the visual impact of the development and maintain the natural beauty of
Thong Nai Pan Noi. Greencore, as its name suggests, is committed to protecting the
environment in practical ways. All the villas are being constructed to incorporate
environmentally friendly features such as grey-water recycling and solar energy
systems. Alternative transport shall be promoted via means of quad-bikes and a
non-profitable Sitara bicycle scheme. The local community is also getting involved
in Sitara village through an organic farm-café project using locally grown organic
produce. With the needs of the local community in mind, Greencore intend to use the
planned Sitara Village community facility to improve educational opportunities for
both residents and the wider local community.

Villas
All Sitara Villas have been designed so as to minimise the effect to the land. No
more than 30% of each land plot is built upon. This will maintain the natural feel
of the development and beach area.

Aruna Villa - As the entry level villa, not only is this the most affordable but it
is also ideal for those wanting a holiday villa with excellent rental potential. It
has a low impact design which
maximises outdoor space- yet still provides 101m2
of elegant living area.
Starting 5.4 Million Baht

Nalini- The Nalini villa has a total area of over 165 sq m consisting of 2 elegantly
styled bedrooms, a large reception room, sala and infinity pool. As a family villa
it can be rented to both larger groups
and individuals who visit Thong Nai Pan.
Starting 9.7 Million Baht


Ambar Villa- The Double studio \'Ambar\' spans over
193 m2, the living areas are open plan comprising of stylish furniture and ample
decking surrounding the shared infinity pool. As the Ambar villa is a double studio
the rental benefits are obvious; for example, live in one and rent out the other.
The shared pool immediately creates a sense of community for those staying.
Starting 10.0 Million Baht

Chandra- This classic 127m2, 1 bedroom villa is
private, comfortable and beautiful.
Starting 7.8 Million Baht

Build Restrictions
Residential land plots are subject to a range of build restrictions in order to
minimise Sitara's footprint on the land. All proposed villas must comply with
village aesthetics and be approved by Greencore. All houses must collect and provide
water retainment systems.

Eco-Features
Sitara Village has employed rigorous construction and environmental policies. Only
15% of total Sitara land has plans to be built upon. This conforms to Greencore's
responsibility practices in preserving Thong Nai Pan and it's beauty. Energy
efficiency of villas are provided by insulated cavity walling, shade maximisation
features and solar energy systems. On-site organic farm will provide fresh organic
produce to villas and act as an educational facility
to all.

Wall Construction- Sitara Villas will be constructed using a thermal block insulated
cavity wall. This will help to keep temperatures in the villas minimal, reducing air
conditioning costs and energy consumption. Private residential builds will also be
encouraged to use these methods in order to benefit from lower electricity
bills.

Recycled Plastic- Decking areas shall use a combination of recycled plastic and
reclaimed timber. This has environmental benefits as well as being a long lasting,
maintenance free alternative.

Solar Energy- All villas and common buildings in Sitara Village will be equipped
with solar panels. Solar energy gained all year round can be used in conjunction
with the mains power. As all villas will not be occupied at all times, unused energy
is transferred to where it is needed within Sitara. All residential land owners are
also strongly recommended to use solar panels on any builds.

Reservoirs- Sitara Village will have a self sufficient water supply, provided by
three reservoirs. These reservoirs have been carefully designed to collect water
from existing Klongs (natural creeks), land contours and also roads and
drains in order to maximize water collection. The reservoirs will be introduced to a
variety of local fish and plant life. This not only adds to the aesthetics of the
village but helps keep water at a healthier PH level and provides a source of fresh
fish to Sitara restaurants.

Effective Microorganisms (EM)-EM is a combination of three natural bacteria:
phototrophic, lactic acid and yeast. 80% of bacteria is considered "opportunistic",
which can be persuaded to act at positive levels to aid Sitara Village in reducing
reservoir algae, maintaining nitrate, nitrite and PH levels optimal, and keeping
fish and plants
healthy. The organic farm will benefit from the use of EM through enriching soil and
aiding vegetation growth.

Effective Microorganisms can also be used in the grey water recycling and septic
systems to reduce odours and
harmful bacteria.

Grey Water Recycling- In keeping with the environmentally responsible nature of
Sitara Village, waste water from the clubhouse, villas, etc. will be sent through a
purification system and reused for irrigation of landscapes.

The Quad Shop-Sitara Village quad shop aims to prevent any environmental damage to
the Village,by providing an indoor cleaning booth with a grease trap, which will
collect and deposit into a septic tank to be broken down and finally taken away to
be safely disposed of.

Sidewalks- Designated sidewalk/bicycle paths will be built throughout the Village to
provide a safe, scenic and healthy route around the local area.

Villa Orientation- The site of each plot and its villa has been individually
analysed and tweaked in order to gain the full benefit of factors such as privacy,
solar movement and views.


Landscaping
Sitara Village is professionally designed by Ixora (http://www.ixoradesign.com )and
shall be extensively landscaped using a mixture of palms and other local species,
enabling villagers to really feel as though they are really 'living with nature'.
Each plot must have a minimum of four house height trees. The natural landscape will
be heavily featured, such as incorporating impressive granite boulders into a
stunning swimming pool or a lounge area.

Community
A sense of community can often be lacking in many expatriates' lives however Sitara
Village actively aims to nurture the village ethos.
"We would like Sitara Village to become a place of learning- a place that attracts
people from all walks to come together to share their skills and knowledge.
Environmentalism can only go so far without an enthusiastic community to drive it",
Karl Leighton, Sitara Village

Sitara Village Educational Facility
A community/learning centre shall be placed at the heart of the village to foster
community spirit, act as a platform for creativity and a place for all to learn
about the importance of looking after the future now. Villagers will be encouraged
to participate in community projects, and be involved in environmental awareness,
organic farming techniques, language classes, and arts and crafts.

Organic Farm-Café
The Organic Farm-café will be both a restaurant which serves healthy locally grown
organic produce and function as an educational facility.


Management of Sitara Village
A key concern of Green Core is that Sitara Village is well maintained and that
owners are not overcharged for the service. In order to ensure that this happens,
Green Core has employed consultants Green Island Leisure to assist them in setting
up a not-for-profit organization responsible for managing Sitara Village.
This organisation will be known as the Village Services Foundation and will be run
by a management committee. Committee members will include villa owners to ensure
that the Village Services Foundation always acts in the best interest of owners.

Villager's will receive an annual service charge known as the Village Charge in
return for maintenance services in the common parts of Sitara Village and the
provision of other services such as security. Any surplus monies collected through
the Village Charge will be used to reduce bills for the following year. In addition
to providing services to owners, the Village Services Foundation will also work to
benefit the local community and protect the environment.

The Village Services Foundation will manage the Sitara Village education facility
and organize educational programmes for the local community. The Foundation will
also act as a fund raising body sponsoring local community events and charitable
programmes.

Lead Brokership
'KP property' act as lead brokers for the Sitara Village project. KP Property is a
dedicated, multinational team who specialise in real estate services in the Thong
Nai Pan region of Koh Phangan. KP are an environmentally aware organisation who
consistently delivers best practice in their developments from project design stage
through to completion. KP are market leaders in GPS surveying and geotechnical
consultancy through their sister company KP Earth Science. Due to their proficiency
and their professional
expertise spanning across many different fields, collaboration seemed a natural
progression for the Sitara Project.


Location
Koh Phangan, the relatively untouched island neighbouring Koh Samui, it is the 4th
largest in Thailand and the 2nd largest in the Samui archipelago. It spans 168 km2,
most of which is lush mountainous National Park that is renowned for its outstanding
beauty. Koh Phangan's pristine coastline lacks the over-developed feel of other
tourist locations, and its spiritual and creative roots give the island a unique
appeal. Consistently voted one of the world's best beaches, Thong Nai Pan Noi can be
found on the North Easterly side of Koh Phangan. It is a stark contrast to Haad Rin
- on the Southerly tip, home to the infamous full moon party. Thong Nai Pan Noi is
an upmarket area, with beautiful, powdery white sand and impressive granite boulders
set amongst the jungle. The bay now supports three 5 star Resorts which have
recognised the potential of Thong Nai Pan Noi (Panviman, Santhiya & Rasananda).

For more information please call a member of the Sitara Village
Team:
Sales Enquiries
Dan Gumsley Sales Director: 0852496 418
Marketing Enquiries
Per Goodden Marketing Director: 08338 87931
Jenny Jones Marketing Executive: 0876 884103
WWW.SITARAVILLAGE.COM

Web Site: http://www.sitaravillage.com

Contact Details: For more information please call a member of the Sitara Village
Team:
Marketing Contact: Jenny Jones
jenny@sitaravillage.com
Phone: + 66(0)876 884103
Fax: +66 (0) 772 38523
7/6 Moo 5
Thong Nai Pan Noi
Ban Tai
Koh Phangan
Thailand 84280
www.sitaravillage.com

Sales Enquiries
Dan Gumsley Sales Director: 0852496 418

Further Marketing Enquiries
Per Goodden Marketing Director: 08338 87931

WWW.SITARAVILLAGE.COM