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Centara Grand Residence Pattaya gets EIA approval
Tulips Group’s iconic Centara
Grand Residence.
Locally based real-estate developer the Tulip Group has
confirmed that its latest luxury property, Centara Grand Residence, has now
received official EIA approval (Environmental Impact Assessment) and that
construction is now underway.
This world-class luxury property will consist of three towers with two
residential towers and a five star Centara Grand Jomtien hotel in the third
tower. Located on a secluded private beachfront in Na Jomtien, the property
is set to raise standards in the area and is likely to become the most
luxurious branded residence on Jomtien beach.
The property will offer 7 swimming pools, a water park, an aquarium, tennis
club, and 5 restaurants with over 15,000sqm of lush tropical landscaping.
All rooms benefit from 100% sea views. To date the project is 50% sold.
Specialist piling contractors Thai Bauer have commenced piling works, which
is expected to be completed by March 14, and the entire project will be
finished and open in 2016. Projects Asia have been appointed as the
project-management company and August Design as the interior designers, and
the project on completion will be fully managed by Centara Hotels and
Resorts.
Construction work has now
started on site following the official EIA approval for the project.
Speaking at a press conference at Tulip Groups recently
opened 5 Star hotel Centara Grand Phratamnak Pattaya, Tulip Group Vice
President Jason Payne said he was “extremely happy that approval had been
finally granted and that the group was now driven to delivering a true world
class development on time.”
Tulip Group currently have 9 projects either under construction, or in
planning stages and expect to launch 3 new hotels during 2014, with further
expansion expected with the group moving into retail centers and office
buildings in 2015.
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Kingdom Property looks to capture the essence of exclusivity with Mustique
A winning smile: Kingdom
Property CEO Nigel Cornick (left) and Vice President of Marketing Irina
Breslavtseva (right) pose with Ananya Puangkulab (centre), one of the
winners of the company’s naming competition for Mustique, Wong-Amat Beach.
Thailand real estate developer Kingdom Property has
summoned the renowned exclusivity, privacy and discretion of the tropical
island of Mustique in creating a name for its new beachfront residences at
Pattaya’s most prestigious beach, Wong-Amat.
Kingdom Property CEO Nigel Cornick said Mustique would be positioned at a
level of quality, spaciousness and attention to detail above anything the
Pattaya market had seen to date.
“Out of our long experience in this market, we recognise there is a demand
for beachfront residences that supersede the existing benchmarks for
location, design and exclusivity,” Mr Cornick said.
Mustique, Wong-Amat will grace a 5 rai plot at the secluded northern end of
the peninsula, its 50 storeys affording spectacular sea views from every one
of its generously-proportioned units. It will feature the design of SODA,
the architecture firm led by Stephen O’Dell, whose portfolio includes
Kingdom Property’s Southpoint Pattaya condominium, as well as W Bangkok,
Hilton Pattaya and Fraser Suites in Bangkok.
Mustique is the crown jewel in the St Vincent and Grenadines chain of
islands in the West Indies. The private island is renowned for its laid back
attitude to celebrity and its reverence of privacy. It has become the
preferred haven of royals, power-brokers and superstars, attracting
celebrities including David Bowie and his supermodel wife Imam, Mick Jagger
and Tommy Hilfiger, all villa owners, as well as Jeremy Clarkson, Princess
Margaret, Countess of Snowdon and Sir Paul McCartney.
At a glamorous event at KU DÉ TA in Bangkok last month, Kingdom Property’s
Name It! Tag It! competition was concluded, with two winners, Dan Cheeseman
and Ananya Puangkulab, soon to be flying business class to Surfers Paradise
on Australia’s Gold Coast for a five-night stay at the newly-renovated
five-star Sheraton Mirage Resort & Spa.
“The competition was part of the process in selecting a name for the
project,” Mr Cornick said. “Not only did we review all of the naming ideas
from the competition entrants, but also those put forward by our marketing
and branding consultants after an extensive screening.”
Name It! Tag it!: Kingdom
Property CEO Nigel Cornick (right) with Dan Cheeseman (centre left), one of
the competition’s winners.
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Jones Lang LaSalle appointed as consultants for The Phyll
Dr. Kaweepoj Worayingyong,
Managing Director of Saranrat Development Co., Ltd., hands over the retail
service contract to Suphin Mechuchep, Managing Director of Jones Lang
LaSalle (Thailand) Limited, appointing Jones Lang LaSalle as the retail
development consultant, marketing agent and property manager for The Phyll.
Real-estate management & consultancy firm Jones Lang
LaSalle has entered into an agreement with Saranrat Development Co.,Ltd. to
provide comprehensive retail services to The Phyll, a lifestyle mall project
on Sukhumvit 54 in Bangkok. The agreement has committed Jones Lang LaSalle
to act as the development consultant, marketing agent, and retail manager on
the project which is planned to be fully operational by early 2015.
The Phyll is a lifestyle mall project with a unique ecological development
concept, aiming to offer shoppers an escape from a chaotic city life.
Situated on 4.5 rai of land, approximately 50% of which will be dedicated to
landscape gardens, the project has been designed to be a hybrid mall
offering a perfect combination of open-air and enclosed retail space, and
will be the only one of its kind on Sukhumvit Road.
With 5,000 square meters of retail space, The Phyll will provide home for
operators of everyday life goods and services such as a supermarket, a food
court, fine restaurants, meeting cafes, casual shops, IT shops, banks and
beauty salons.
Suphin Mechuchep, Managing Director of Jones Lang LaSalle, said, “Retail
malls are one of the most complicated real estate types. While attracting
quality retailers is challenging, a bigger challenge is to draw the right
shoppers, make them spend time and money, and keep them coming back.
“We have seen a strong potential for success in The Phyll due to its well
thought out, unique development concept and strategic location on Sukhumvit
54. Our team of retail specialists have been working closely with the
developer to identify short and long term strategies that will ensure a
sustainable success of the project,” added the JLL chief.
During the pre-completion period, Jones Lang LaSalle will act on The Phyll
as the retail development marketing and management consultant, ensuring the
project is well positioned and offering a right retail mix in line with
demand and lifestyle of targeted shoppers. Upon completion, Jones Lang
LaSalle will also act as the retail manager for the project.
A computer graphic shows the
completed The Phyll shopping complex on Sukhumvit 54.
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Matrix doubles up at
OPP Awards for Excellence 2013
Matrix Developments MD, Miki
Haim (center) receives the gold award for the “Best Developer – Asia” at the
OPP Awards for Excellence gala dinner in London, November 27, 2013.
Matrix Developments attended the OPP (Overseas Property
Professionals) gala dinner and presentation of the OPP Awards for Excellence
2013 on Wednesday 27th November at a formal and lavish affair at London’s
famous Natural History Museum. The event was a huge success and celebrated
not only the achievements of the best of the best in real estate, but also
the surge of confidence in the future of the industry.
450 of the leading lights in international property from over 20 different
countries sat down to a splendid meal, a night of scintillating
entertainment and the awards presentation itself. In short, it was probably
the industry’s best and most enjoyable networking event of the year.
The OPP Awards for excellence are judged by a panel of highly experienced
judges who give their time to the awards because they know that they are
based on merit, not as favours to friends or the biggest advertisers.
The awards for estate agents and developers were presented by region, with
the winners of each regional award being entered, automatically, for the
‘best global’ award.
The panel of independent judges awarded Pattaya based Matrix Developments
the gold award for the “Best Developer – Asia” and silver award for “Best
Global Developer”.
Matrix says these awards are the results of strategic development and
marketing plans instigated by the company, combined with their proven track
record which they regard as a mantra for their business practices.
Managing Director Miki Haim commented: “Customers and investors can be
assured of peace of mind when investing with Matrix Developments. Our
systematic research and feasibility studies with regards to project
locations, residential environment, and marketing allow the high accuracy of
estimation of the return of investment for our customers and investors. Our
strong engineering and purchasing strategy allows us to efficiently develop
our projects to higher standards whilst maintaining the affordable factor to
our customers.”
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CBRE sees opportunities for improved hotel performance in Bangkok
Research by the hotels division of CBRE, the world’s
largest real estate services provider, indicates that Bangkok hotels have,
and are expected to continue to, perform exceptionally well.
The revenue per available room across Thailand has increased by a total of
over 10% on average in the last two years. Whilst Hong Kong and Singapore
have been relatively flat these figure beat countries like Malaysia and
Vietnam and even Japan’s recovery from the Tohoku earthquake and tsunami.
The recovery since the Global Financial Crisis has been dramatic. At that
time, occupancy rates fell to an average of close to 50% in Bangkok. By the
beginning of 2011, these were still below 55%, but they have now accelerated
to be around 75%.
Room rates are still similar to 2011 levels, having increased only between
5% and 10% over that period. Revenue per room, however, is up between 25%
and 30% meaning that profits have increased by 50% to 100%. This suggests
that there is now a real opportunity for operators to start to push rates
upwards at peak periods.
At the same time, the level of investment in real estate across the Asia
Pacific region has been increasing reflecting the growing wealth and the
continued increase in real estate. Hotels have certainly been a beneficiary
of this with a record level of hotel sales in Asia in the second quarter of
2013 at over USD 2.5 billion (THB 78.45 billion). The issue now for
investors is finding quality hotels at reasonable prices.
Art Buser, Executive Managing Director of CBRE Hotels for Asia Pacific said,
“The current market is dynamic and exciting with buyers and sellers in
reasonable balance resulting in increased transactions. There was a short
period when buyers were being wary of pricing in growth and vendors were
overly optimistic, but there is more realism in the market. Given the
positive outlook for Bangkok’s hotel performance we are confident that there
will continue to be real interest in good quality assets. We are working
closely with CBRE Thailand to assist both buyers and owners in identify
opportunities”.
At a presentation in Bangkok to over 50 hotel investors and developers,
Robert McIntosh, Executive Director CBRE Hotels Asia Pacific said, “The
increase in visitors, particularly from China, coupled with Thailand’s
excellent reputation for service and the increased supply of quality hotels
means that tourism is set to grow yet further. The key driver behind this
growth is the increased number of visitors to Thailand. These are up 20% for
2013 over the previous year. This is far better than the growth across Asia
Pacific as a whole where the comparable figure is around 5%.”
(Source: CBRE Thailand)
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Nuasiri expands in Pattaya with Nusa Chivani
A Tuscany inspired villa at
Nusa Chivani Pattaya.
Bangkok property developer Nusasiri PLC is expanding its
Pattaya offerings, building a sprawling, Tuscany-styled housing development
adjacent to its Nusa Water Park in Jomtien Beach.
 Siriya
Thepcharoen, deputy MD of Marketing for Nusasiri PLC.
CEO Visanu Thepcharoen hosted the Nov. 30 official launch of the 162-rai
Nusa Chivani Pattaya, which opened for sales in September. He said the 3.9
billon baht development’s first phase is now 70 percent sold, with 70
percent of the buyers being Thais.
Visanu said construction has begun on 84 homes in Phase 1. Once built out,
the neighborhood will boast 570 homes. The development is on Sukhumvit Road
near the company’s existing water park and Hotel D’Acqua Pattaya.
Nuasiri is offering four floor plans: a single-story 165.40 sq. meters,
two-story 211.56 sq. meters, single story 211.76 sq. meters, and two-story
267.26 sq. meters.
While Thais make up the large majority of the customer base, the remaining
30 percent is being purchased by Russians, Chinese and Americans.
Siriya Thepcharoen, Deputy MD of Marketing, says the neighborhood is the
first Tuscany-styled development in eastern Thailand, offering “the
aesthetic beauty of original Romanesque sculptures beautifully and elegantly
conveyed through the statue of Poseidon at the entrance, linking sea
folklore and the deity protecting the project.”
Homeowners will have access to the water park’s health center, offering
routine checkups, vitamins, and hydrotherapy.
For more information, visit Nusasiri.com or call 02-770-4555.
(By Thanachot Anuvan)
This computer graphic shows a
typical bedroom in one of the project’s villas.
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Asia luxury hospitality think-tank
contemplates designs for the future
The Thanyapura hotel and sports resort in
Phuket.
Luxury, location and even a glamorous ‘name’ designer are no longer enough
to assure a hotel or resort of success, according to a recent roundtable
summit of some of Asia’s top hotel designers, branding experts, and senior
hotel executives in Hong Kong.
Rather, time and space, as well as seamless and intelligent design concepts
that flow through an entire property, a strong sense of place and an
authentic flavour of the locale, community and culture are the new luxuries
Asia’s growing army of discerning upscale travellers demand.
The roundtable’s convenor, BLINK Design Group creative director and founder
Clint Nagata, said his firm was increasingly aiming to instill ‘a sense of
timelessness’ in the designs carried out in key gateway cities and resorts
in Asia for leading luxury brands like Conrad, Jumeirah, Hilton, Sheraton
and Regent.
 Robert
Hauck, President, Thanyapura.
“A property really needs to pursue a sense of timelessness,” Mr. Nagata
said. “It’s all well and good for older hotels to draw on the conventions of
their past for a sense of luxury, but they need to be relevant to the here
and now.
“It is important for design concepts to stand the test of time. Very often
we see new hotels that are decent enough, but they will cease to be relevant
in the next three to five years.”
The roundtable was convened during the recent HICAP (Hotel Investment
Conference Asia Pacific), the region’s pre-eminent hotel investment
conference held at the InterContinental Hong Kong, where for over two
decades the who’s who of hospitality’s decision makers, movers and shakers
and heavyweight pundits have gathered.
The BLINK roundtable on the future of luxury hospitality design is set to
become an annual by-invitation-only event, after the inaugural session
generated praise from its participants and saw frank and open debate on
where luxury was heading in terms of Asian hotels.
BLINK Chief Marketing Officer Howard Wolff, as moderator, kicked off the
roundtable discussion by challenging participants to quantify the value of
good design.
 Clint
Nagata, Creative Director, BLINK Design Group.
“We know that design can have an impact on a hotel’s top and bottom line.
Design is so integral to the success of a project that you can’t be
profitable operating a poorly planned property. What I’m curious about is
how hoteliers go about measuring these results,” said Mr Wolff.
C9 Hotelworks Managing Director Bill Barnett, one of Asia’s most respected
pundits on luxury hospitality, suggested: “We can value (design) now with
hotels’ branded residences in terms of market interest and sales.
“If you attach a brand to a project in a relatively unknown location, it
instantly increases the sales pace and increases the value with a premium of
about 30%,” Mr Barnett said. “In all honesty, in these instances, it’s more
about the name of the designer regardless of whether the design is good or
not.”
Robert Hauck, President of Thanyapura and a long-time former Raffles
hotelier, suggested that ‘wow’ design by big names was no longer a sure
thing, and said there were other ways to build a hospitality brand.
“We operate a relatively small hotel, but we have managed to gain a lot of
exposure and a lot of PR because the concept design of our property allows
us to create and sell a story. A well-known design name attached to a
property is not a USP anymore without a concept. It is the concept behind
our design that is generating results, not the name of the designer.”
Thanyapura operates Asia’s first sports hotel as part of its 23ha active and
healthy lifestyle destination on Phuket, which also comprises world-class
sporting facilities, along with an integrative health and mind centre.
The Brand Company’s maverick CEO and founder James Stuart, who has been
instrumental in creating some of Asia’s new luxury hotel brands including
Langham Place, The Upper House and The Opposite House and who recently
rebooted the branding for Thanyapura, said he hoped to spearhead a movement
towards branding of hotels becoming a more holistic process that extends to
architecture, design and human resources.
“If the head of marketing is responsible for the brand, it gives everyone
else the chance to be irresponsible for the brand, whereas if the CEO is
responsible, then every departmental manager has to adopt responsibility for
the brand, particularly the HR department,” Mr Stuart said.
“Very often we hear people talking about ‘feel’ and ‘look’ - it isn’t just
about layout but also about the right materials and textures used
throughout, so the hotel doesn’t seem disjointed. This comes from ceasing to
view a hotel as a place to sleep attached to this restaurant and that
restaurant, and starting to take a step back and really asking ‘What is this
place?’
“Too often hotels turn their previous successes into brand guidelines. For
example, a successful project in Hong Kong will have qualities that draw
inspiration from and directly reflect its locale. If you then take the
branding of a successful property like this and try to transport that to
another location like Phuket, Bali, or even Shanghai, you are going to end
up with a property that feels out of place and at odds with its
surroundings.”
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Blue Sky thanks Grande Caribbean buyers with party
Apichart Gulati, the Project Manager of The Blue
Sky Group Co. Ltd., presents the “Double Your Luck” campaign for customers
to receive a chance of winning 20 baht worth of gold.
Blue Sky Development thanked customers of its
under-construction Grande Caribbean condominium project with a holiday party
and chance to win nearly 400,000 baht in gold.
Project manager Apichart Gulati hosted the Dec. 7 “Sea of Dream” soiree at
the south Pattaya project’s showroom. He announced the “double your luck”
contest, which offers every buyer through March 8 a chance to win 20 baht
weight in gold. Gold is currently selling in Thailand for about 19,000 baht
for 1 baht weight.
Representatives from various
local property agencies supported the Dec. 7 event.
The Grande Caribbean will offer 1,064 units spread over
11.5 rai between Jomtien Beach and south Pattaya.
Plans call for four eight-storey buildings and a fifth 30-storey tower.
Units run from 34.5 to 69 sq. meters and start at 1.6 million baht. In
addition to the standard swimming pool and luxury appointments, the property
will also feature a faux volcano and wave machine.
For more information see GrandCaribbeanPattaya.com.
(By Veechan Souksi)
Customers enjoyed the party
and received pocket plants as token gifts
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Jomtien set to be major development site
in Pattaya’s condominium market
The Jomtien and Na Jomtien
coastal area is seeing an increasing number of new developments spring up in
line with an improvement in infrastructure and transport connections.
A recent report from property services firm Knight Frank
Thailand suggests that emerging locations from Jomtien to Na Jomtien are set
to become major condominium development plots, driven by several factors
that give the area a number of benefits over other locations in Pattaya.
These factors include improving ground transportation connectivity via a
second road that runs parallel to Jomtien Beach Road for about 400 metres,
and many new attractions such as the Jomtien market; two water parks -
Ramayana, the biggest water park in Southeast Asia and Cartoon Network
Amazone, which are both due to open soon; and the Grand Kingdom shopping
mall by listed developer Nusasiri,, drawing families with young children and
shoppers to the area.
Less than one kilometre south of Pratumnak Hill, the area at the northern
end of Jomtien is considerably busier than the southern end, more formally
known as Na Jomtien, which is, for the moment at least, more peaceful and
tranquil, with less traffic passing through.
Matrix Developments Amazon
project is well on the way to completion and will be the first large resort
style condominium in Jomtien.
Statistics from Knight Frank Thailand show that the
cumulative condominium supply of Pattaya, Jomtien and Bang Saray in the
first half of 2013 was recorded at 40,939 units, an increase of 32.9% over
the end of the second half of 2012. The new condominium supply increased
healthily in the first half of 2013, with approximately 10,153 units of 20
condominium projects entering the market. The last 12 months also saw many
listed developers, such as SC Asset PLC., Sansiri PLC., and Supalai PLC,
entering and developing condominium projects in the Pattaya market.
The Jomtien property market demonstrated robust and continuous growth
throughout 2013, due largely to the abundance of remaining land plots, with
approximately 4,247 units launched during the first half of the year, or
around 42% of total new launches. Since the new Jomtien Second Road
extension was finally connected to the major road into Pattaya, the Jomtien
area has now become more attractive for large-scale condominium resort
developments.
Blue Sky Group recently opened
the showrooms for their Venetian Signature Condo Resort in Na Jomtien.
The north Pattaya/Wongamart area achieved the second-most
popular slot in the city, with a total number of new launches at around
3,114 units, or about 30% of the total new launches in Pattaya. North
Pattaya/Wongamart is considered a peaceful area favoured by Thai condominium
buyers and it is also quite a new area for condominium development for both
local and Bangkok-based developers.
The total number of new launches in south Pattaya was 1,800 units, or 18% of
the total new launches. The south Pattaya area is considered to be a busy
locale due to its many shopping malls, restaurants, and entertainment spots.
It is thus more crowded and not as attractive for residential development as
other areas. The total number of new launches in Pratumnak accounted for
only 992 units, or 10% of the total new launches.
The report by Knight Frank Thailand indicated that the demand for Pattaya
condominium units at the end of the first half of 2013 totalled 21,614
units. During this period, the take-up rate increased from just 50.3% at the
end of 2012 to 51.7% during mid-2013.
There were approximately 5,682 units sold during the first half of 2013,
with, not surprisingly, demand being the highest in the budget condominium
segment where the selling price was in the range of THB 1 million to THB 2
million per unit for compact units of around 25 to 30 square metres in size.
Typical buyers of these units were Thais working in the Eastern Seaboard
area, Bangkokians desiring a second seaside home, and Russians seeking an
escape from the harsh winter in their home country.
The selling prices of condominiums in Pattaya vary according to location and
views. There are some high-rise projects located further from the beach that
still boast sea views. The highest selling prices were in north Pattaya,
where many of the condominium projects located near the beach and providing
sea views sold for over THB 130,000 per square metre. Other projects in
north Pattaya, with no sea views, sold in the range of THB 55,108 to THB
71,250 per square metre.
However, due to the scarcity of beachfront land now available in north
Pattaya/Wongamat, most sea view projects being launched during the first
half of 2013 were located in the Jomtien and Pratumnak areas. The selling
price of new launched sea view condominiums in Jomtien was in the range of
THB 91,372 to THB 140,000 per square metre while the average selling price
in Pratumnak increased from THB 77,610 per square metre in 2012 to THB
89,010 per square metre in the first half of 2013.
The Knight Frank report concluded by saying it expected to see new demand
for Pattaya condominiums from local Thai buyers, particularly for projects
located in north Pattaya/Wongamart, due largely to the many restaurants,
retail outlets, and shopping malls that are already in place. The more
tranquil condominium projects situated in Jomtien are very popular for
visitors from Russia and Scandinavia who are looking for affordable
condominium units in this thriving holiday destination as a second or
vacation home.
(Source: Knight Frank Thailand)
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Free berths offered at Siam Royal View
Free berthing spots available
at Siam Royal View on Koh Chang.
Siam Royal View’s marina is located on the tropical
island of Koh Chang, Thailand’s second largest island, just three hours
south east from Pattaya by road or one hour flight from Bangkok.
To promote their new 75 berth marina, the resort owners are offering anyone
who sails to the island a free berth with electrics and water for any three
night stay during the next six months.
At the Siam Royal View Marina, they can accommodate wet berths for 75 boats
up to 90 ft. long, plus a further 70-80 boats, up to 45 ft. long in their
dry dock.
Roland Steiner, one of the development principals said,” The largest boat we
have received so far was 72 feet long, and we had a catamaran 12 meters
wide. However at high tide we can handle up to 90ft, and our concrete pier
can even handle super yachts well over 100ft.”
‘Apart from the world’s shortage of reliable berths, this state of the art
Thai marina is wonderfully situated on the Gulf of Thailand, with over 50
islands to visit with some excellent snorkeling and diving spots. With this
free berth offer we are keen to welcome boat owners to come and try our
facilities and enjoy perhaps some of the most exciting islands to explore by
boat in the world, all within 2 hours from our resort’, concluded Steiner.
With larger yachts being forced to moor in many bays elsewhere, another
problem has been insurance. Insurers won’t touch a boat that’s tethered to a
mooring in a bay, worried that a typhoon could blow it out to sea or damage
it. At Siam Royal View all boats are securely moored, with electricity and
water provided on each pier.
Siam Royal View Marina is part of a real estate development that was named
“Best Villa Development on Thailand’s Eastern Seaboard’ by the Thai Property
Awards and more recently one of the “Best Asian Resort Residences 2013”.
Yachtsmen and their guests can sleep on their vessels in the new marina. For
those that prefer to sleep on firm land, the resort offers holiday homes
with a private mooring right outside their residence in the development’s
‘Canal Village’.
The development also boasts a superb Marina Pub, with mini golf, pool table,
table football, and darts. Also on the resort, everyone is welcome to enjoy
the beach club restaurant, luxury infinity swimming pools, a nine hole golf
course and four beautiful private beaches.
Those without boats can also rent one of the beachside or golf view villas
and enjoy a peaceful few days at the resort.
The offer for free berthing is valid for one visit per boat up to the end of
June 2014.
For more information about the new marina or villa rentals, visit
www.siam-royal-view.com
You can also learn more about this resort at the Pattaya Property Show being
held at the Hilton Pattaya on January 9th-12th 2014.
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Porchland launches
Zen City Condo in Sriracha
Porchland Group’s Zen City
Condo in Sriracha.
Porchland Group launched its third eastern-region project
in 2013 with the announcement of the Zen City Condo in Sriracha.
CEO Chisanucha Phakdeesaneha announced the 7-rai development located on
Sukhumvit Road on Dec. 13, noting sales of the first of two phases has
already begun.
The project, he said, is aimed at the ASEAN Economic Community market, with
the entire development following an “eastern theme.” As such, the grounds
will be decorated in “modern Japanese” style, although Japan is not part of
the Association of Southeast Asian Nations nor the AEC.
Chisanucha said the construction site is surrounded by hills and provides a
tropical atmosphere year-round. The area is home to both Thais and non-Thais
working in Sriracha’s factories and will offer a “zen lifestyle” featuring
feelings of peace and nature, he said.
Porchland foresees the growth of the area expanding gradually in line with
the opening of the AEC in 2015. The condominium will be located near
schools, hospitals, shopping and tourist attractions and has good
transportation links.
The complex is a mix of both residential and commercial, featuring 15
residential floors and 17 commercial buildings. Eight commercial units are
available for sale in the first phase.
Facilities include a public swimming pool, fitness room, saunas, Japanese
restaurant, and security. Units start at 1 million baht.
For more information, call 080-470-9995-7 or visit ZenCityCondo.com.
(By Veechan Souksi)
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