Langkawi has been identified as one of the cities in Asia to see the opening of a resort for the ultra-rich, along with Singapore, Bali, Phuket and Hainan island in China, according to reports.
Such ultra high-end clubs, catering to celebrities and the super rich are opening up across Asia as the number of millionaires swells in Asia and developers seize the opportunity to tap into their increasingly jet-set lifestyle.
Increasingly, more and more wealthy Europeans and Americans turn to Asia as their playground, one of them being the co-founder of Facebook, Eduardo Saverin, who has reportedly made a luxury penthouse suite in Singapore‘s tallest residential building his home since 2010 and who reportedly regularly hangs out with rich friends and a bevy of models at some of Singapore’s top clubs.
More Asians are expected to join their ranks however, said an observer who declined to be named. "Developers are eyeing rich young spenders from China and Indonesia. The locations targeted are mostly beaches as they can hold glamourous parties there in a romantic setting.”
Singapore is top in the radar of these international developers who are inspired by the success of Pangaea, a luxury nightclub in Singapore’s Marina Bay Sands casino resort known to be one of the world’s most expensive nightclubs with enormous profits to match.
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