Infinity Samui, the official winner of the 'Best Condo Development' (Samui) is now completed and is offering payment terms on a few of the remaining units. There are currently 10 one & 2 bedroom units available ranging in size from 151 to 240sqm.
Price Range
19,630,000 To 33,600,000 THB
Three payment options
1. Cash out at contract signature
2. A 2 year payment plan without %, 35% deposit at contract, 15% 6months later, 25% 1year later and delta 25% 6 months later
3. A loan up to 5 or 10years with 30% deposit at signature and over 5 years 7% interest or over 10years 10% interest.
Desciption
InfinitySamui is an exclusive and sophisticated low-rise, low density luxury apartment project. Comprising of just 67 stunning properties of 1, 2, 3 and 4 up to 7 bedrooms, InfinitySamui gives a superior quality resort lifestyle and great investment opportunity for its residents. All the units have access to a swimming pool, while the designs are boldly modern, maximizing functionality and space, as well as optimizing sea views and the natural light.
The unique location along the hillside to the Maenam beach renders residents a peaceful island living and unbroken, panoramic ocean view, yet only 15 minutes from Samui International Airport, which is serviced by Bangkok Airways and Thai Airways, providing extensive local and international flight connections.
Conceived as an enclosed, private domain with round the clock surveillance to maintain the utmost privacy and security, Infinity Samui will be operated by InVision Hospitality as a 5 star boutique hotel under Infinity Lifestyle Destination & Spa, by our professional hospitality team. Full facilities and services are on board such as Beach Club, wellness spa, fitness, squash courts, room service, housekeeping etc. The Santiburi golf course is only a few steps away from the development
Highlights
-Samui Island is rated as one of Top Ten Best Islands in the world by Conde Nast Traveller UK 2009.
-InfinitySamui is an award-winning project, a new luxury apartment and enjoys exclusive hillside location and hotel standard operation.
-All its tastefully modern-designed 67 units take unobstructed panoramic ocean views and have access to either public or private pools.
-The 60-metre beachfront facilities will include a swimming pool, a bar and a restaurant, surrohttp://www.blogger.com/img/blank.gifunded by pavilions.
-The full 5-star resort facilities include gym, spa, clubhouse and Beach Club, featuring cutting-edge bar and restaurants.
-Superior technical specifications.
-Various international direct flights including from Hong Kong, Singapore and China.
-Only 15 minutes from Samui International Airport and downtown
Koh Samui Real Estate
Thailand Real Estate
Showing posts with label condominium. Show all posts
Showing posts with label condominium. Show all posts
Wednesday, June 29, 2011
Monday, June 27, 2011
Property Soaring in Bangkok's Sukhumvit
More than 10,000 apartment units in projects worth more than THB10 billion (US$324 million) in Bangkok real estate's prime area between Ploenchit and Sukhumvit soi 55 are driving up competition among property developers.
According to a survey by The Nation last week, both listed and non-listed firms have introduced more than 100 projects since last year and construction will be complete between the end of this year and 2013.
Condominiums along this route are in the price range of THB80,000 to 200,000 (US$2,591 to 6,478) per sqm with the more expensive projects located between the Ploenchit intersection and the top of Sukhumvit Road and prices ranging from THB80,000 to 150,000 (US$ 2,591 to 4,859) can be found between sois 10 and 55.
Noble Development president Thongchai Busrapan said that after bookings for Noble Ploenchit opened from June 19 to 22, the company achieved presales worth THB7.2 billion (US$233.1 million), or half of the total project value of THB14 billion (US$453.3 million).
"Although this location has high competition, our project is freehold, which is difficult to find in this area, where most projects are for long leasehold contracts," he said.
According to a survey by the Real Estate Information Centre, demand in this location is sufficient to absorb the high number of condominium launches as both local and foreign buyers have driven condominium prices 10 to 20% higher than their presale prices, depending on how close they are to the skytrain.
Article courtesy of Asia Property Report
Thailand Property
According to a survey by The Nation last week, both listed and non-listed firms have introduced more than 100 projects since last year and construction will be complete between the end of this year and 2013.
Condominiums along this route are in the price range of THB80,000 to 200,000 (US$2,591 to 6,478) per sqm with the more expensive projects located between the Ploenchit intersection and the top of Sukhumvit Road and prices ranging from THB80,000 to 150,000 (US$ 2,591 to 4,859) can be found between sois 10 and 55.
Noble Development president Thongchai Busrapan said that after bookings for Noble Ploenchit opened from June 19 to 22, the company achieved presales worth THB7.2 billion (US$233.1 million), or half of the total project value of THB14 billion (US$453.3 million).
"Although this location has high competition, our project is freehold, which is difficult to find in this area, where most projects are for long leasehold contracts," he said.
According to a survey by the Real Estate Information Centre, demand in this location is sufficient to absorb the high number of condominium launches as both local and foreign buyers have driven condominium prices 10 to 20% higher than their presale prices, depending on how close they are to the skytrain.
Article courtesy of Asia Property Report
Thailand Property
Wednesday, June 22, 2011
Perfect Timing For Krabi Development
With Krabi enjoying improved infrastructure and lower competition than in Phuket, the Bangkok based property developer Perry Group International is investing 1.9 billion baht in a hotel, villa and condominium complex on 40 rai of this southern province after holding onto the plot for a decade.
The Pelican Krabi will feature 96 condos, 50 villas and 140 hotel rooms. Improved infrastructure and a low-key competitive atmosphere are putting this southern province in the spotlight.
Executive director Andrew Ngamsappasilp said now was the time to launch a project in Krabi. Road quality has surpassed Phuket's, and a new airport terminal and runway expansion will be completed this year, lifting the number of daily flights to 16 from 10 and supporting Boeing 747 jumbo jets.
A new modern hospital, Srinakarin International, with 200 beds, will be completed next year, accommodating Krabi tourists who must now travel to Phuket for Western standard medical care.
As well, the retail giants Big C and Tesco Lotus have entered the province in the past two years, highlighting the potential for growth.
Andrew: Better roads, more daily flights
"Krabi's property market remains less competitive with limited supply, while Phuket's is marked by high competition and price dumping," said the 28 year old, second generation family member. The Ngamsappasilp family has been active in the property business for more than two decades.
The Pelican Krabi, now being built on a seaview plot on Klong Muang Tab Kak beach at a total cost of 2.2 billion baht, will comprise 96 condominium units, 50 villas and a 140-room hotel.
Launched in March, the condos are 30% sold with a Thai-foreigner ratio of 3:2.
Units will range from 81 to 189 square metres priced from 70,000 baht per sq m. These will be completed by next year's second quarter.
A rental programme will be offered to condominium buyers.
Mr Andrew said that at estimated average occupancy of 50%, condo room rates of 4,800 to 6,200 baht a night would yield 8.9% a year.
With 25% of buyers expected to be Singaporean and 50% Scandinavian, an office has been opened in the city-state and a representative appointed in Malmo, Sweden.
The project is expected to be sold out by January.
Mr Andrew said the group will next year launch sales of the villas, priced from 13.5 million to 22 million baht for units on lots ranging in size from 60-120 square wah.
A rental programme will also be offered for these.
The hotel will be operational in three years, targeting the four star market, as there are already 10 five and six star hotels with more than 1,500 rooms at this location, said Mr Andrew.
Click here for a full list of Krabi real estate listings
Click here for a full list of Thai real estate listings
The Pelican Krabi will feature 96 condos, 50 villas and 140 hotel rooms. Improved infrastructure and a low-key competitive atmosphere are putting this southern province in the spotlight.
Executive director Andrew Ngamsappasilp said now was the time to launch a project in Krabi. Road quality has surpassed Phuket's, and a new airport terminal and runway expansion will be completed this year, lifting the number of daily flights to 16 from 10 and supporting Boeing 747 jumbo jets.
A new modern hospital, Srinakarin International, with 200 beds, will be completed next year, accommodating Krabi tourists who must now travel to Phuket for Western standard medical care.
As well, the retail giants Big C and Tesco Lotus have entered the province in the past two years, highlighting the potential for growth.
Andrew: Better roads, more daily flights
"Krabi's property market remains less competitive with limited supply, while Phuket's is marked by high competition and price dumping," said the 28 year old, second generation family member. The Ngamsappasilp family has been active in the property business for more than two decades.
The Pelican Krabi, now being built on a seaview plot on Klong Muang Tab Kak beach at a total cost of 2.2 billion baht, will comprise 96 condominium units, 50 villas and a 140-room hotel.
Launched in March, the condos are 30% sold with a Thai-foreigner ratio of 3:2.
Units will range from 81 to 189 square metres priced from 70,000 baht per sq m. These will be completed by next year's second quarter.
A rental programme will be offered to condominium buyers.
Mr Andrew said that at estimated average occupancy of 50%, condo room rates of 4,800 to 6,200 baht a night would yield 8.9% a year.
With 25% of buyers expected to be Singaporean and 50% Scandinavian, an office has been opened in the city-state and a representative appointed in Malmo, Sweden.
The project is expected to be sold out by January.
Mr Andrew said the group will next year launch sales of the villas, priced from 13.5 million to 22 million baht for units on lots ranging in size from 60-120 square wah.
A rental programme will also be offered for these.
The hotel will be operational in three years, targeting the four star market, as there are already 10 five and six star hotels with more than 1,500 rooms at this location, said Mr Andrew.
Click here for a full list of Krabi real estate listings
Click here for a full list of Thai real estate listings
Thursday, June 16, 2011
Bangkok's Super Prime Market
In every established property market, the super prime properties are a segment on their own. Super prime properties do not follow the mass market, neither do the super rich buyers whose criterion and judgement are far removed from the general market trends. London, for example, clearly reflects this. While the majority of the UK market has not recovered back to its peak, the super prime market has continued with its own momentum and doesn’t track the general overall market.
Transactions and prices are driven by strong demand from international investors from Russia, China, India and the Middle East for a limited and specific super prime stock. London has traditionally been the most sought after global property market and one which has proved to be a good long-term investment. London offers super prime projects such as One Hyde Park which in itself attracts affluent international investors.
While elements of the Bangkok property market are experiencing a glut of supply and their prices are flat, Bangkok lacks variety in the super prime market. My definition of super prime properties is those priced over THB 200,000 per sq.m. with an outstanding location, quality and facilities. In late 2007, The Sukhothai Residences was the first super prime property to sell off plan and attracted both elite Thai and foreign buyers. After the global crisis, the market for luxury properties declined globally, but demand is now rebounding. In Bangkok, we have recently seen a few more super prime projects being launched off-plan including The Ritz Carlton Residences and the St. Regis Residences which is completed.
Many people tend to raise the question why these properties command a price premium over and above the market average of THB 125,000 to 150,000 per sq.m. for other high-end condominium projects, and how strong the demand is for super prime properties in Bangkok. My answer is yes, demand is strong, but only if the projects tick all the right boxes which is expected from a super prime project by international standards.
Location is undoubtedly the most important factor. From an international perspective, Bangkok is a popular tourist destination and a regional hub in Southeast Asia. Location wise, the prestige addresses in the CBD which are well connected with an upmarket surrounding are the most desirable. The areas which can compare to Manhattan in New York and Knightsbridge in London will be the areas commanding the premium. One key criteria for location includes uninterrupted spectacular views such as Lumpini Park or the skyline which can add value and premiums. However, it is important to ensure that if all units do not face the main views or are on low floors, they are offered alternative views such as pool or landscaped gardens.
Iconic designs and celebrity architects often go hand in hand with super prime properties. While it is difficult to attribute the percentage of premium generated by a celebrity architect, they often add intrinsic value to the project in addition to design values. The quality of design and functionality is ensured and in many instances the projects become a landmark itself. For example, Mahanakorn where the Ritz Carlton Residences is located boasts a cutting-edge building design by OIe Scheeren. Interior design, whilst subjective in its appeal, must also be the right style and reflects the project’s character and express the feel of luxury through the design, use of quality materials and workmanship.
Along with the design, quality specifications are mandatory for super prime projects and an aspect which developers cannot compromise on. Buyers of super prime properties will expect a level of quality and the latest technology to be incorporated. The use of premium brands for sanitary ware, kitchen cabinets and fittings, appliances and branded furniture, for example, will convey a sense of quality.
Branding is another aspect which is closely associated with super prime projects, from the use of five-star hotel operators, the architect which sometimes is a brand itself, or a developer such as Aman which is an internationally known developer and hotel chain. In Bangkok, most super prime projects to date are associated with five star hotel chains, The Sukhothai, Ritz Carlton and St.Regis. The use of a brand guarantees a level of service and property management which ensures the property upkeep and value appreciation.
The project scale also directly impacts exclusivity. Most successful super prime projects globally feature under a 100 units. Low density and exclusivity are mandatory for the super rich market. However, the number of units will also depend on factors such as pricing, market conditions, planning regulations and financial feasibility.
Lastly, the services and amenities offered by the development must also exceed the basic amenities offered in other projects. Facilities such as a sizable pool and gym, steam and sauna rooms are expected, but to achieve the premium, super prime projects must offer the additional extras such as a spa, private lounge and concierge services.
All the above factors are achievable, but Thailand needs to work on construction standards and workmanship as many luxury projects today still suffer from defects and delivering flawless quality is essential for super prime properties. Buyers for super prime properties are driven by preference in choice rather than price and if all the key criteria have been met, I believe there is room for more super prime properties in Bangkok. The challenge in selling super prime off plan is in conveying the level of luxury and quality as attributes such project facilities, services and the overall atmosphere are not tangible until project completion.
Transactions and prices are driven by strong demand from international investors from Russia, China, India and the Middle East for a limited and specific super prime stock. London has traditionally been the most sought after global property market and one which has proved to be a good long-term investment. London offers super prime projects such as One Hyde Park which in itself attracts affluent international investors.
While elements of the Bangkok property market are experiencing a glut of supply and their prices are flat, Bangkok lacks variety in the super prime market. My definition of super prime properties is those priced over THB 200,000 per sq.m. with an outstanding location, quality and facilities. In late 2007, The Sukhothai Residences was the first super prime property to sell off plan and attracted both elite Thai and foreign buyers. After the global crisis, the market for luxury properties declined globally, but demand is now rebounding. In Bangkok, we have recently seen a few more super prime projects being launched off-plan including The Ritz Carlton Residences and the St. Regis Residences which is completed.
Many people tend to raise the question why these properties command a price premium over and above the market average of THB 125,000 to 150,000 per sq.m. for other high-end condominium projects, and how strong the demand is for super prime properties in Bangkok. My answer is yes, demand is strong, but only if the projects tick all the right boxes which is expected from a super prime project by international standards.
Location is undoubtedly the most important factor. From an international perspective, Bangkok is a popular tourist destination and a regional hub in Southeast Asia. Location wise, the prestige addresses in the CBD which are well connected with an upmarket surrounding are the most desirable. The areas which can compare to Manhattan in New York and Knightsbridge in London will be the areas commanding the premium. One key criteria for location includes uninterrupted spectacular views such as Lumpini Park or the skyline which can add value and premiums. However, it is important to ensure that if all units do not face the main views or are on low floors, they are offered alternative views such as pool or landscaped gardens.
Iconic designs and celebrity architects often go hand in hand with super prime properties. While it is difficult to attribute the percentage of premium generated by a celebrity architect, they often add intrinsic value to the project in addition to design values. The quality of design and functionality is ensured and in many instances the projects become a landmark itself. For example, Mahanakorn where the Ritz Carlton Residences is located boasts a cutting-edge building design by OIe Scheeren. Interior design, whilst subjective in its appeal, must also be the right style and reflects the project’s character and express the feel of luxury through the design, use of quality materials and workmanship.
Along with the design, quality specifications are mandatory for super prime projects and an aspect which developers cannot compromise on. Buyers of super prime properties will expect a level of quality and the latest technology to be incorporated. The use of premium brands for sanitary ware, kitchen cabinets and fittings, appliances and branded furniture, for example, will convey a sense of quality.
Branding is another aspect which is closely associated with super prime projects, from the use of five-star hotel operators, the architect which sometimes is a brand itself, or a developer such as Aman which is an internationally known developer and hotel chain. In Bangkok, most super prime projects to date are associated with five star hotel chains, The Sukhothai, Ritz Carlton and St.Regis. The use of a brand guarantees a level of service and property management which ensures the property upkeep and value appreciation.
The project scale also directly impacts exclusivity. Most successful super prime projects globally feature under a 100 units. Low density and exclusivity are mandatory for the super rich market. However, the number of units will also depend on factors such as pricing, market conditions, planning regulations and financial feasibility.
Lastly, the services and amenities offered by the development must also exceed the basic amenities offered in other projects. Facilities such as a sizable pool and gym, steam and sauna rooms are expected, but to achieve the premium, super prime projects must offer the additional extras such as a spa, private lounge and concierge services.
All the above factors are achievable, but Thailand needs to work on construction standards and workmanship as many luxury projects today still suffer from defects and delivering flawless quality is essential for super prime properties. Buyers for super prime properties are driven by preference in choice rather than price and if all the key criteria have been met, I believe there is room for more super prime properties in Bangkok. The challenge in selling super prime off plan is in conveying the level of luxury and quality as attributes such project facilities, services and the overall atmosphere are not tangible until project completion.
Friday, June 3, 2011
Hua Hin Beach Front Property in Strong Demand
Strong demand for beach front property in Hua Hin is leading to growing competition for seaside land amongst developers and rising prices. According to Risinee Sarikaputra, associate director of research and consultancy at Knight Frank Chartered (Thailand), beachfront condominiums are difficult to find due to the scarcity of beachfront land in the area, thus the selling prices are expected to increase.
There will also be more demand from foreign buyers due to the convenience of the location with its complete facilities.
"The lack of good beachfront land plots in Hua Hin has resulted in condominium development moving south to Pranburi and north to Cha-am," said Risinee. "Currently, there are many big players entering the market. This will increase the tension to smaller scale companies and privately owned ones that have developed in the area. The next surge in Hua Hin condominium developments is most likely to take place in Khao Takiab, Cha-am, and Pranburi"
Major players in the current Hua Hin market include Quality Houses PLC, Charn Issara Group, a joint venture between CMC and St. James Hotel, Sansiri PLC, and Land & Houses PLC.
According to Knight Frank Thailand Research, the total condominium supply in the Hua Hin area as of the end of 2010 was 6,504 units, accumulated since 2003. The figure is for the cumulative supply in Cha-am, Hua Hin, Khao Takiab, Khao Tao and inland areas. The large volume of additional supply was shown in 2007, with about 2,121 units, followed by 1,506 in 2008 and 778 in 2010 respectively.
There were many additional supply added in the inland area during 2007 and 2008 particularly in the South Hua Hin area because of convenient access to public transportation and close to many shopping centres, restaurants and other facilities.
In Q1 2011, there were 38 condominium projects, comprising 4,751 units, being marketed. Most of these projects are located in Khao Takiab area, with 1,449 units, followed by the inland (1,241) and Cha-am areas (1,015).
Based on the Knight Frank survey, the majority of unit types being marketed are two and one bedroom units, accounting for 41 per cent and 38 per cent of the total supply respectively. The market shows a low supply of the three bedroom (6 per cent) and four bedroom (1 per cdnt) types.
Around 42 per cent or 1,928 units of the total supply in Q1 were beachfront projects, while non-beachfront projects accounted for 1,588 units, representing 33.4 per cent of total. The units of inland projects accounted for 1,241 units.
Currently, there are 10 condominium projects with a total supply of at least 1,500 units planned for development in Cha-Am and Hua Hin. Of which, only three projects are new condominium developments, while the rest are expansions of existing developments.
Risinee added that most of the future projects would be located in the inland area, while a project developed by Prime Nature Group will be located in Cha-Am. Another project will be in North Hua Hin, where SC Asset recently bought a 10-rai land plot.
There will also be more demand from foreign buyers due to the convenience of the location with its complete facilities.
"The lack of good beachfront land plots in Hua Hin has resulted in condominium development moving south to Pranburi and north to Cha-am," said Risinee. "Currently, there are many big players entering the market. This will increase the tension to smaller scale companies and privately owned ones that have developed in the area. The next surge in Hua Hin condominium developments is most likely to take place in Khao Takiab, Cha-am, and Pranburi"
Major players in the current Hua Hin market include Quality Houses PLC, Charn Issara Group, a joint venture between CMC and St. James Hotel, Sansiri PLC, and Land & Houses PLC.
According to Knight Frank Thailand Research, the total condominium supply in the Hua Hin area as of the end of 2010 was 6,504 units, accumulated since 2003. The figure is for the cumulative supply in Cha-am, Hua Hin, Khao Takiab, Khao Tao and inland areas. The large volume of additional supply was shown in 2007, with about 2,121 units, followed by 1,506 in 2008 and 778 in 2010 respectively.
There were many additional supply added in the inland area during 2007 and 2008 particularly in the South Hua Hin area because of convenient access to public transportation and close to many shopping centres, restaurants and other facilities.
In Q1 2011, there were 38 condominium projects, comprising 4,751 units, being marketed. Most of these projects are located in Khao Takiab area, with 1,449 units, followed by the inland (1,241) and Cha-am areas (1,015).
Based on the Knight Frank survey, the majority of unit types being marketed are two and one bedroom units, accounting for 41 per cent and 38 per cent of the total supply respectively. The market shows a low supply of the three bedroom (6 per cent) and four bedroom (1 per cdnt) types.
Around 42 per cent or 1,928 units of the total supply in Q1 were beachfront projects, while non-beachfront projects accounted for 1,588 units, representing 33.4 per cent of total. The units of inland projects accounted for 1,241 units.
Currently, there are 10 condominium projects with a total supply of at least 1,500 units planned for development in Cha-Am and Hua Hin. Of which, only three projects are new condominium developments, while the rest are expansions of existing developments.
Risinee added that most of the future projects would be located in the inland area, while a project developed by Prime Nature Group will be located in Cha-Am. Another project will be in North Hua Hin, where SC Asset recently bought a 10-rai land plot.
Thursday, June 2, 2011
New Bangkok Condominium Project - Noble Ploenchit
Thai listed developer Noble Development has launched its latest residential Bangkok condominium development, worth almost THB14 billion (US$462.35 million), in the bustling area of Ploenchit in downtown Bangkok. The project is expected to appeal to Thai buyers looking for a home in the city or to investors.
The Noble Ploenchit project will be located close to Ploenchit BTS on a 9-rai land plot, of which six rai was acquired from Raimon Land last year for the record price of THB1.2 million (US$39,630) per square wah, and another three rai was purchased from the Juengrungruangkij family.
"The plot is one of the most prime locations in Bangkok as there are no condominiums in this area, and it neighbors areas such as Siam Square and Chidlom," said Thongchai Busarapan, Noble Development's managing director.
According to Thongchai, the project will consist of four buildings comprising three residential buildings of 50, 45, and 14 storeys, totalling 1,442 units, as well as one three storey office building.
"A condominium project with over 1,400 units may sound a lot but when compared to our plot size, the ratio is not high at all," said Thongchai.
The residential units will be available in four different configurations including one, two, three bedroom units and penthouses with private swimming pools. The sizes range from 40 sqm to over 200 sqm. Prices start from THB5.9 million (US$194,850) or THB148,000 (US$4,890) per sqm.
"Each unit at Noble Ploenchit will have a private lift access. This will be the first time in Thailand that a condominium will have this kind of facility as in the past only penthouses would have such privacy," he added.
The project will introduce the new environmentally friendly and energy saving cooling system 'Central water cooled system', which eliminates the use of an air conditioning compressor. It will also dedicate 4 of its 9 rais land plot for gardens and green space within the development.
The construction, valued at almost THB9 billion (US$297.2) in total, will start in June next year and will be slated for completion in 2016.
Noble Development chairman and chief executive officer Kitti Thanakitamnuay said the Ploenchit area will become a 'Vertical Garden City', the new city centre where important commercial and hotel facilities will be located.
"Once the Park Venture building is completed this year, and the Central Embassy shopping centre and 6 star hotels such as the Park Hyatt Hotel Bangkok and The Okura Prestige Hotel Bangkok in the coming years, we can say that Ploenchit neighbourhood will become a world renowned new commercial district like La Defense in Paris, Canary Wharf in London, and Roppongi Hills in Tokyo," he said.
For more information on the Bangkok real estate market
For more information on the Thailand real estate market
The Noble Ploenchit project will be located close to Ploenchit BTS on a 9-rai land plot, of which six rai was acquired from Raimon Land last year for the record price of THB1.2 million (US$39,630) per square wah, and another three rai was purchased from the Juengrungruangkij family.
"The plot is one of the most prime locations in Bangkok as there are no condominiums in this area, and it neighbors areas such as Siam Square and Chidlom," said Thongchai Busarapan, Noble Development's managing director.
According to Thongchai, the project will consist of four buildings comprising three residential buildings of 50, 45, and 14 storeys, totalling 1,442 units, as well as one three storey office building.
"A condominium project with over 1,400 units may sound a lot but when compared to our plot size, the ratio is not high at all," said Thongchai.
The residential units will be available in four different configurations including one, two, three bedroom units and penthouses with private swimming pools. The sizes range from 40 sqm to over 200 sqm. Prices start from THB5.9 million (US$194,850) or THB148,000 (US$4,890) per sqm.
"Each unit at Noble Ploenchit will have a private lift access. This will be the first time in Thailand that a condominium will have this kind of facility as in the past only penthouses would have such privacy," he added.
The project will introduce the new environmentally friendly and energy saving cooling system 'Central water cooled system', which eliminates the use of an air conditioning compressor. It will also dedicate 4 of its 9 rais land plot for gardens and green space within the development.
The construction, valued at almost THB9 billion (US$297.2) in total, will start in June next year and will be slated for completion in 2016.
Noble Development chairman and chief executive officer Kitti Thanakitamnuay said the Ploenchit area will become a 'Vertical Garden City', the new city centre where important commercial and hotel facilities will be located.
"Once the Park Venture building is completed this year, and the Central Embassy shopping centre and 6 star hotels such as the Park Hyatt Hotel Bangkok and The Okura Prestige Hotel Bangkok in the coming years, we can say that Ploenchit neighbourhood will become a world renowned new commercial district like La Defense in Paris, Canary Wharf in London, and Roppongi Hills in Tokyo," he said.
For more information on the Bangkok real estate market
For more information on the Thailand real estate market
Monday, April 25, 2011
Guranteed Rental Returns Now Offered @ The Pelican Krabi
You may remember a few months ago we introduced you to a new development in Krabi named The Pelican. Since then phase 1 is almost 60% sold out and to keep the momentum going at the same pace, the developers have decided to offer a GUARANTEED RENTAL RETURN OF 7% FOR 3 YEARS to the remaining units in the phase.
Details
Developed by the very experienced Bangkok based develoment firm, Perry Group International, The Pelican is sure to set a new standard of living for the Krabi area.
The Pelican sits right in the centre of several luxury resorts in what is quickly becoming Krabi's up and coming area. Neighbours include The Grande Sheraton, Nakamanda, Sofitel, Ritz Carlton Reserve, Tubkaek Boutique Resort, Amarai Resort and a new resort under development under the Kata Group brand. (previously the Andaman Beach Resort).
The Pelican is phase 1 of a much larger development that will consist of condominiums, villas and a luxury hotel operating as The Pearl Andaman Beach Resort
To arrange a viewing of the on-site show unit or to request more information please click here, reply to this mail or call Nick on +66(0)86-0606-321
Facts
* Location: Klong Muang Beach, Krabi
* Unit size: 78 to 240sqm (including balcony)
* Bedrooms: 1 to 3
* Bathrooms: 1 to 3
* Price: 7.4m to 22.1m THB
* Swimming pool: Large communal
* Plunge pools: Select Units
* 24 hour CCTV
* Library/business centre
* Coffee/wine bar
* Pool bar
* Shuttle service
* 24 hour concierge
* Fitness centre
* WIFI throughout
* Project completion: 15 months
Pictures
Click here for more Krabi Real Estate listings
Click here for a full list of Thai Real Estate listings
Details
Developed by the very experienced Bangkok based develoment firm, Perry Group International, The Pelican is sure to set a new standard of living for the Krabi area.
The Pelican sits right in the centre of several luxury resorts in what is quickly becoming Krabi's up and coming area. Neighbours include The Grande Sheraton, Nakamanda, Sofitel, Ritz Carlton Reserve, Tubkaek Boutique Resort, Amarai Resort and a new resort under development under the Kata Group brand. (previously the Andaman Beach Resort).
The Pelican is phase 1 of a much larger development that will consist of condominiums, villas and a luxury hotel operating as The Pearl Andaman Beach Resort
To arrange a viewing of the on-site show unit or to request more information please click here, reply to this mail or call Nick on +66(0)86-0606-321
Facts
* Location: Klong Muang Beach, Krabi
* Unit size: 78 to 240sqm (including balcony)
* Bedrooms: 1 to 3
* Bathrooms: 1 to 3
* Price: 7.4m to 22.1m THB
* Swimming pool: Large communal
* Plunge pools: Select Units
* 24 hour CCTV
* Library/business centre
* Coffee/wine bar
* Pool bar
* Shuttle service
* 24 hour concierge
* Fitness centre
* WIFI throughout
* Project completion: 15 months
Pictures
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Thursday, March 3, 2011
World Class Condominium Project Krabi
Thai-Real.com is very please to announce the launch of a new level of development to the Krabi real estate market, The Pelican. Developed by the very experienced Bangkok based develoment firm, Perry Group International, The Pelican is sure to set a new standard of living for the Krabi area.
The Pelican sits right in the centre of several luxury resorts in what is quickly becoming Krabi's up and coming area. Neighbours include The Grande Sheraton, Nakamanda, Sofitel, Ritz Carlton Reserve, Tubkaek Boutique Resort, Amarai Resort and a new resort under development under the Kata Group brand. (previously the Andaman Beach Resort).
The Pelican is phase 1 of a much larger development that will consist of condominiums, villas and a luxury hotel operating as The Pearl Andaman Beach Resort
To arrange a viewing of the on-site show unit or to request more information please click here
Facts
* Location: Klong Muang Beach, Krabi
* Unit size: 78 to 240sqm (including balcony)
* Bedrooms: 1 to 3
* Bathrooms: 1 to 3
* Price: 6.1 to 18.8m THB
* Swimming pool: Large communal
* Plunge pools: Select Units
* 24 hour CCTV
* Library/business centre
* Coffee/wine bar
* Pool bar
* Shuttle service
* 24 hour concierge
* Fitness centre
* WIFI throughout
* Project completion: 15 months
Pictures
Click here for more Krabi Property Listings
Click here for the full list of Thailand Real Estate listings
The Pelican sits right in the centre of several luxury resorts in what is quickly becoming Krabi's up and coming area. Neighbours include The Grande Sheraton, Nakamanda, Sofitel, Ritz Carlton Reserve, Tubkaek Boutique Resort, Amarai Resort and a new resort under development under the Kata Group brand. (previously the Andaman Beach Resort).
The Pelican is phase 1 of a much larger development that will consist of condominiums, villas and a luxury hotel operating as The Pearl Andaman Beach Resort
To arrange a viewing of the on-site show unit or to request more information please click here
Facts
* Location: Klong Muang Beach, Krabi
* Unit size: 78 to 240sqm (including balcony)
* Bedrooms: 1 to 3
* Bathrooms: 1 to 3
* Price: 6.1 to 18.8m THB
* Swimming pool: Large communal
* Plunge pools: Select Units
* 24 hour CCTV
* Library/business centre
* Coffee/wine bar
* Pool bar
* Shuttle service
* 24 hour concierge
* Fitness centre
* WIFI throughout
* Project completion: 15 months
Pictures
Click here for more Krabi Property Listings
Click here for the full list of Thailand Real Estate listings
Sunday, February 20, 2011
Le Monaco Luxury Condominiums Bangkok
Le Monaco Residences Bangkok
* Close to Ari BTS station
* Total Land Area: 1,680sqm
* No. Of Floors: 30
* No. Of Units: 67
* Beds: 1-3
* Unit Size: 79.77 to 209.7 sqm
* Price: 10m to 29m THB
Services
* Free Form Swimming Pool
* Childrens Pool
* Jacuzzi
* Golf Practice Net
* Golf Putting Green
* Fitness Room
* Sauna Room
* High Speed WIFI
* High Speed Lift
* CCTV & Proximity Card
* Limousine Service to Ari BTS Station
Pictures
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* Close to Ari BTS station
* Total Land Area: 1,680sqm
* No. Of Floors: 30
* No. Of Units: 67
* Beds: 1-3
* Unit Size: 79.77 to 209.7 sqm
* Price: 10m to 29m THB
Services
* Free Form Swimming Pool
* Childrens Pool
* Jacuzzi
* Golf Practice Net
* Golf Putting Green
* Fitness Room
* Sauna Room
* High Speed WIFI
* High Speed Lift
* CCTV & Proximity Card
* Limousine Service to Ari BTS Station
Pictures
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Thursday, January 13, 2011
Palm Beach Club opens in Phuket
Phuket resort The Palm Beach Club opened the doors of its new beach club directly on 8km-long Bang Tao Beach in December.
The beach club features a large covered space for events, a restaurant serving favourites like gourmet Australian beef hamburgers, and beach huts that are available free of charge for guests and to rent for visitors. The most unique and exceptional aspect of the club is the fact that it’s right on the beach, a rarity in Phuket. Guests can saunter in for a bite to eat after a swimming in the ocean a few metres away.
The Palm Beach Club, which opened in 2009, has 42 residential units from 148 sq m in size and THB25 million in price, 12 units with their own swimming pool. Almost all the units have already sold, but some are available on the resale market and a unit recently sold for THB80 million. In addition to property, there is a full-service 5-star hotel with swimming pool, restaurant The Palm Cuisine, and the Blossom Spa.
The beach club, with its large covered expanse in such a prime location, has been receiving many inquiries for weddings and other events. It will also be hosting a Chinese New Year dim sum buffet on February 3, with free flow of beer and Chinese teas.
Article courtesy of Asia Property Report
Phuket Property Listings
The beach club features a large covered space for events, a restaurant serving favourites like gourmet Australian beef hamburgers, and beach huts that are available free of charge for guests and to rent for visitors. The most unique and exceptional aspect of the club is the fact that it’s right on the beach, a rarity in Phuket. Guests can saunter in for a bite to eat after a swimming in the ocean a few metres away.
The Palm Beach Club, which opened in 2009, has 42 residential units from 148 sq m in size and THB25 million in price, 12 units with their own swimming pool. Almost all the units have already sold, but some are available on the resale market and a unit recently sold for THB80 million. In addition to property, there is a full-service 5-star hotel with swimming pool, restaurant The Palm Cuisine, and the Blossom Spa.
The beach club, with its large covered expanse in such a prime location, has been receiving many inquiries for weddings and other events. It will also be hosting a Chinese New Year dim sum buffet on February 3, with free flow of beer and Chinese teas.
Article courtesy of Asia Property Report
Phuket Property Listings
Monday, January 10, 2011
Noble Remix Penthouse Condominium
Brand new Penthouse for sale in Bangkok next to Thong Lor BTS station
* on Sukhumvit 36, Thong lo, Bangkok (BTS Thong Lor 50 m, connected via sky walk way)
* well lit corner unit with total 153.15 square meters
* cool (nice breeze, north and west facing)
* NEW - finished late 2010/2011
* 3 bedrooms with 3 bathrooms
* large living/dining area (47 square meters)
* open kitchen (all latest Siemens appliances, fridge with ice machine, oven, ceramic cooking plates with booster function, combined washing/drying machine built in, high-gloss finishing)
* superb views towards down town Bangkok and Thong lor, sunset views
* 33rd floor (top floor)
VKEX7HDX6W3Y
Bangkok properties
* on Sukhumvit 36, Thong lo, Bangkok (BTS Thong Lor 50 m, connected via sky walk way)
* well lit corner unit with total 153.15 square meters
* cool (nice breeze, north and west facing)
* NEW - finished late 2010/2011
* 3 bedrooms with 3 bathrooms
* large living/dining area (47 square meters)
* open kitchen (all latest Siemens appliances, fridge with ice machine, oven, ceramic cooking plates with booster function, combined washing/drying machine built in, high-gloss finishing)
* superb views towards down town Bangkok and Thong lor, sunset views
* 33rd floor (top floor)
VKEX7HDX6W3Y
Bangkok properties
Saturday, January 8, 2011
Large Condo Sukhumvit Soi 11 Bangok
Large Lower Sukhumvit Condo For Sale
* Location: Sukhumvit Soi 11
* Size: 535sqm (630sqm with balcony)
* Bedrooms: 5/6
* Floor: Covers 50% of the 23rd floor
* BTS: Walking distance to Nana BTS
* MRT: One stop to Sukhumvit MRT
* Price: 78,000 THB per sqm
* WEB URL: Kallista Mansion
Communal Facilities
* Beautiful spacious modern lobby fully staffed to greet residents and guests
* 24-hour security guard service
* Beautiful landscaped garden area with Barbeque facilities -- great area for outdoor lunch, dinners or parties
* Separate children's area with playground equipment on rubberized flooring for safety
* Swimming pool
* Squash court
* Snooker room
* Table tennis
* Gymnasium
* Sauna
* Meeting Room -- can be used for special events
* Complimeary Shuttle service to BTS Skytrain (Nana Station)
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* Location: Sukhumvit Soi 11
* Size: 535sqm (630sqm with balcony)
* Bedrooms: 5/6
* Floor: Covers 50% of the 23rd floor
* BTS: Walking distance to Nana BTS
* MRT: One stop to Sukhumvit MRT
* Price: 78,000 THB per sqm
* WEB URL: Kallista Mansion
Communal Facilities
* Beautiful spacious modern lobby fully staffed to greet residents and guests
* 24-hour security guard service
* Beautiful landscaped garden area with Barbeque facilities -- great area for outdoor lunch, dinners or parties
* Separate children's area with playground equipment on rubberized flooring for safety
* Swimming pool
* Squash court
* Snooker room
* Table tennis
* Gymnasium
* Sauna
* Meeting Room -- can be used for special events
* Complimeary Shuttle service to BTS Skytrain (Nana Station)
More Bangkok Real Estate
More Thailand Real Estate
Sunday, December 26, 2010
Lanna Apartments Koh Samui
Did Santa Bring You a Tropical Island Holiday Home?
If not, then why not take advantage of this special offering from one of Koh Samui's most trusted developers. Kalara Developments have previously sold out 9 developments on the island with their last one Code Samui, a luxury apartment complex selling out in just a few months and is now well underway with construction.
Within only a few weeks of the launch of their new project 'Lanna', investors have snapped up nearly half of the units, with a number of these being prior to launch. With 12% ROI expected every year we don't expect these to be around for much longer so get in while you can.
The Property
* Name: Lanna
* Type: Apartments
* Location: Bang Rack Koh Samui
* Size: 30 to 107sqm
Unit Styles & Prices
* Studio: 1,900,000 THB
* 1 Bedroom: 2,499,000 THB
* 2 Bedroom: 3,995,000 THB
* Penthouse: 5,995,000 THB
Payment and Finance Terms
* Deposit: US$1,000
* Singing of contracts 25%
* Upon completion 25%
* Remainder 50% over 10 years with developer financing
Facilities
* Fully managed 5* development
* Communal swimming pool & pool bar
* Restaurant
* Fully equiped gym & tennis court
* 24hr concierge & security
* Sauna / steam room
* BBQ area
For further pictures and details and to request floor plans and availability please respond to this email or visit Lanna Apartments on our website.
For a full list of Thailand Real Estate
If not, then why not take advantage of this special offering from one of Koh Samui's most trusted developers. Kalara Developments have previously sold out 9 developments on the island with their last one Code Samui, a luxury apartment complex selling out in just a few months and is now well underway with construction.
Within only a few weeks of the launch of their new project 'Lanna', investors have snapped up nearly half of the units, with a number of these being prior to launch. With 12% ROI expected every year we don't expect these to be around for much longer so get in while you can.
The Property
* Name: Lanna
* Type: Apartments
* Location: Bang Rack Koh Samui
* Size: 30 to 107sqm
Unit Styles & Prices
* Studio: 1,900,000 THB
* 1 Bedroom: 2,499,000 THB
* 2 Bedroom: 3,995,000 THB
* Penthouse: 5,995,000 THB
Payment and Finance Terms
* Deposit: US$1,000
* Singing of contracts 25%
* Upon completion 25%
* Remainder 50% over 10 years with developer financing
Facilities
* Fully managed 5* development
* Communal swimming pool & pool bar
* Restaurant
* Fully equiped gym & tennis court
* 24hr concierge & security
* Sauna / steam room
* BBQ area
For further pictures and details and to request floor plans and availability please respond to this email or visit Lanna Apartments on our website.
For a full list of Thailand Real Estate
Sunday, December 12, 2010
At Sea - Sea View Condos krabi
Last remaining units at The At Sea - Sea View Condos Krabi
Since its launch early this year At Sea Condos has been well recieved by investors in the Krabi area, with very little competition for sea view condominiums in the area a gap was filled and sold very quickly.
Due for completion in February 2011 there are just a few opportunities left to invest in At Sea with just 7 units remaining. All available units are 1 bedroom with a total area of 52sqm.
Remaining Unit Prices
* A202 - 2,690,000 THB
* A203 - 2,640,000 THB
* A204 - 2,640,000 THB
* A205 - 2,690,000 THB
* C203 - 2,640,000 THB
* C204 - 2,640,000 THB
* C205 - 2,690,000 THB
Pictures and Floor Plans
Furniture Package Included
* Air Conditioning
* Fridge
* LCD TV
* Wardrobe
* TV Stand
* Hot Water Heater
* Microwave
* Bed
* Vanity Stand
* Built In Kitchen
With no other completed condominium units in the Klong Muang area these properties are sure to rise in value after completion making them a great investment. With your surrounding neighbours being high end resorts such as Nakamanda, Ritz Carlton Reserve and Sheraton Krabi, Klong Muang is a very up and coming area.
There is a show unit ready on site
Krabi Real Estate
Since its launch early this year At Sea Condos has been well recieved by investors in the Krabi area, with very little competition for sea view condominiums in the area a gap was filled and sold very quickly.
Due for completion in February 2011 there are just a few opportunities left to invest in At Sea with just 7 units remaining. All available units are 1 bedroom with a total area of 52sqm.
Remaining Unit Prices
* A202 - 2,690,000 THB
* A203 - 2,640,000 THB
* A204 - 2,640,000 THB
* A205 - 2,690,000 THB
* C203 - 2,640,000 THB
* C204 - 2,640,000 THB
* C205 - 2,690,000 THB
Pictures and Floor Plans
Furniture Package Included
* Air Conditioning
* Fridge
* LCD TV
* Wardrobe
* TV Stand
* Hot Water Heater
* Microwave
* Bed
* Vanity Stand
* Built In Kitchen
With no other completed condominium units in the Klong Muang area these properties are sure to rise in value after completion making them a great investment. With your surrounding neighbours being high end resorts such as Nakamanda, Ritz Carlton Reserve and Sheraton Krabi, Klong Muang is a very up and coming area.
There is a show unit ready on site
Krabi Real Estate
Friday, April 23, 2010
Coral Beach Condo's Krabi
Coral Beach Condominiums, Krabi complete the final stage of the Coral Beach development consisting of four luxury beach front villas, then four 2 story sea view villas sat behind and then finally the condos.
Set just 100 metres back from Haad Yao (Long Beach) purchasers of Coral Beach condominiums can enjoy the spectacular 180 degree back drop of the sun disappearing behind all the local small islands and the larger islands of Koh Yao and Phuket. This sunset can be enjoyed from all points of the long Krabi coastline
Coral Beach Condominiums have been designed to suit all budgets, with starting prices as low as 2,920,000 all the way up to 9.750.000 for the Thai Baht for the 2 bedroom ocean view penthouse suite.
After you have purchased your condo you may live in it or enter it back into the rental programme so you can recieve an income off your investment while you are in your home country.
Set just 100 metres back from Haad Yao (Long Beach) purchasers of Coral Beach condominiums can enjoy the spectacular 180 degree back drop of the sun disappearing behind all the local small islands and the larger islands of Koh Yao and Phuket. This sunset can be enjoyed from all points of the long Krabi coastline
Coral Beach Condominiums have been designed to suit all budgets, with starting prices as low as 2,920,000 all the way up to 9.750.000 for the Thai Baht for the 2 bedroom ocean view penthouse suite.
After you have purchased your condo you may live in it or enter it back into the rental programme so you can recieve an income off your investment while you are in your home country.
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