Property Weekly

Grand luxury development

November 12 - 18, 2008
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CAPIVEST, one of the region's emerging Islamic investment institutions, has launched 'Saar Central', a brand new modern and luxurious villa community for Bahrain.

The exclusive development will consist of 82 'upscale' villas built on an area of land measuring more than 65,000 square metres, offering a location advantage of being close to Manama City and also to King Fahd Causeway.

Saar Central is managed by Sakan Development Company, a real estate development company established by Capivest. The development in Saar is home to some of Bahrain's most prominent suburban neighbourhoods.

Capivest's overall growth trajectory involves the creation of a distinct real estate portfolio comprising high-quality projects, which are derived from a genuine understanding of the needs of different buyers.

The spacious villas are designed specifically for luxurious family living, and have been constructed to take into account a family's need for both privacy and the most modern amenities available.

To maintain high quality standards of construction, Baker Wilkins & Smith (BWS) was assigned as quantity surveyor for Saar Central, and Modern Architect was brought onboard from the beginning of the project as the engineering consultant to monitor construction developments.

The team of Bahraini architects who designed Saar Central villas aimed to capture the spirit and essence of Arab architecture in combination with prevailing modern undertones by incorporating some traditional elements such as arches, adding space and allowing for maximum light admission. This unique combination of old and new distinguishes Saar Central villas among other existing developments in the market, the developers claim.

"Bahrain real estate is a growth market, even in this time of global market turmoil," said Nabil Hadi, chief executive officer of Capivest. "We have long been committed to the growth and prosperity of Bahrain, and the announcement signifies a renewed effort to contribute to this country's booming economy."







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