HK Boutique Hotel Apartment Opening Soon

The Putman, an exclusive boutique hotel apartment, is due to open in Hong Kong in spring 2007.

The development is a collaboration between designer Andrée Putman and Hong Kong's luxury property developer National Properties Holdings Ltd. Citigroup Property Investors, the real estate investment management business of Citigroup, is the financial partner in this development.

Occupying a spot in Central, The Putman's 28 apartments will provide executive accommodation for discerning long-stay business travelers who are looking for comfort, space and designer-style in a central and convenient location.

The building is entirely purpose-built to Madame Putman's specifications as she oversaw site design, development, space-use, exterior elevation and interior decoration.

Each of the 1,300 square foot one-bedroom apartments will be full-floor suites with private dual-lift lobbies. Apartments will be fully fitted with state-of-the-art gadgets and furnishings including two Toshiba 42" HD LCD televisions, Siemens and Krups kitchen appliances and a stand alone Villeroy & Boch bathtub. On-site management will provide daily housekeeping services as well as full porter, maintenance and concierge services.

Other facilities in the block will include a café located on the ground floor, and a chic lobby area. Prices for the one-bedroom suites will average HK$50,000 per month with the top four floors boasting sensational sea views.

"Our company wanted to extend our expertise in luxury developments to the boutique hotel/serviced apartment sector," said Loewe Lee, Managing Director of National Properties. "We envisioned creating a stylish yet inviting space with all the comforts of home. Through Madame Putman's inspirational and innovative designs, we will realise our first luxury hotel/serviced apartment project."