LUX­URY RES­I­DEN­TIAL DE­VEL­OP­MENT Bahrain’s GFH re­brands flag­ship project to ‘Har­bor Heights’

Arab News - - Business News -

Co-chief In­vest­ment Of­fi­cer at Bahrain EDB

GFH Prop­er­ties, the real es­tate arm of GFH Fi­nan­cial Group, has an­nounced the re­brand­ing of one of its flag­ship projects — the Vil­la­mar de­vel­op­ment — to “Har­bor Heights.” The change comes amid the con­tin­ued up­grad­ing and strong ad­vance­ment of the project whose progress has been rec­og­nized at the re­cent hold­ing of the Min­is­te­rial Com­mit­tee for the De­vel­op­ment and In­fra­struc­ture Projects by Shaikh Khalid bin Ab­dul­lah Al-Khal­ifa, deputy prime min­is­ter of Bahrain, who ap­plauded GFH for its com­mit­ment to finishing the project and achiev­ing the fur­ther trans­fer of units to own­ers.

The “Har­bor Heights” name has been se­lected to bet­ter cap­ture the land­mark de­vel­op­ment’s prime har­bor lo­ca­tion and in line with the sig­nif­i­cant en­hance­ments that con­tinue to be made to the project, bring­ing its value propo­si­tion and mar­ket po­si­tion­ing to new “heights.” With the up­grades made to the de­vel­op­ment, “Har­bor Heights” is set to emerge as one of Bahrain’s most ad­vanced, lux­ury mixed-use res­i­den­tial, re­tail, hos­pi­tal­ity and leisure com­plexes. The prop­erty is spread across 35,900 square me­ters, fea­tur­ing a built-up area of more than 250,000 square me­ters.

Har­bor Heights in­cludes five main el­e­ments namely: The Three Twist­ing Tow­ers, Life­style Apart­ments, Ter­raced Vil­las, Ter­raced Podium and Sky Vil­las. Fea­tur­ing ad­vanced en­gi­neer­ing and ar­chi­tec­tural de­signs, the project con­sists of one- to five-bed­room apart­ments. Some of the key fa­cil­i­ties in­clude a su­per pen­t­house, health club and spa, swim­ming pools, man­i­cured gar­dens and sev­eral recre­ational ameni­ties.

Shaikh Hamed Al-Khal­ifa, CEO of GFH Prop­er­ties, said: “We’re ex­tremely pleased to an­nounce an­other ma­jor mile­stone for this iconic project and the un­veil­ing of a new brand ‘Har­bor Heights’ that bet­ter en­cap­su­lates the essence of this project and the world-class life­style des­ti­na­tion that we are es­tab­lish­ing. Al­ready de­signed to the most ex­act­ing stan­dards, we con­tinue to make strong en­hance­ments to the project en­sur­ing the de­liv­ery of Bahrain’s most lux­u­ri­ous, dy­namic and sought-af­ter res­i­dences and re­tail and hos­pi­tal­ity com­plex.

“With over 150 res­i­den­tial units handed over in the com­pleted Tower B, we con­tinue to show our com­mit­ment to de­liv­er­ing value to buy­ers, in­vestors and our part­ners. I’d like to take this op­por­tu­nity to thank the gov­ern­ment of Bahrain and in par­tic­u­lar Shaikh Khalid bin Ab­dul­lah Al-Khal­ifa and the Min­is­te­rial Com­mit­tee for the De­vel­op­ment and In­fra­struc­ture Projects for their tremen­dous sup­port for the project and their ef­forts to help us bring to life an­other ma­jor cen­ter for busi­ness, leisure and tourism in the King­dom.”

Show apart­ments, which have been up­graded and fur­nished,, are ready to view with a lim­ited number of units still avail­able to pur­chase with GFH’s 5-year pay­ment plan. GFH Prop­er­ties is a spe­cial­ist real es­tate de­vel­oper cur­rently man­ag­ing up to $1 bil­lion worth of end project value. The com­pany has a port­fo­lio of mul­ti­ple land­mark projects known for in­no­va­tion.

Har­bor Heights is one of the flag­ship projects that shape up Bahrain’s sky­line and land­marks.

The res­i­den­tial com­plex is spread over 35,900 square me­ters at the Bahrain Fi­nan­cial Har­bor (BFH).

The project is built on an is­land in the heart of the busi­ness district of Manama, and di­rectly along the wa­ter­front of the BFH.

Fea­tur­ing ad­vanced en­gi­neer­ing and ar­chi­tec­tural de­signs, Har­bor Heights, lo­cated in the heart of the Bahraini cap­i­tal, con­sist of one- to five-bed­room apart­ments. Some of the key fa­cil­i­ties in­clude a su­per pen­t­house, health club and spa, swim­ming pools, man­i­cured gar­dens and sev­eral recre­ational ameni­ties.

With the world’s fastest grow­ing gam­ing mar­ket and a thriv­ing tech ecosys­tem, the Mid­dle East is on an­other level when it comes to op­por­tu­ni­ties for de­vel­op­ers. David Parker

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