AP Thailand made its first venture into the Pattaya real estate market at the end of last month with the official launch of its COO South Pattaya condominium.
At the opening ceremony and press announcement on Nov. 20, Vittakarn Chandavimol, Chief Marketing Officer for AP said that the project would aim to introduce a new style of living in the center of the city under the concept of ‘Vintage Loft.’
Vittakarn Chandavimol, Chief Marketing Officer (Strategic Marketing) for AP Thailand.
“AP is a leading condominium developer that has a solid track record of building condominiums in Bangkok for over 22 years,” said Mr. Chandavimol. “We have completed over 50 successful projects worth over 92 billion baht in total and have been successful in other provincial cities such as Udon Thani and Phitasanulok, with many satisfied customers. Now we are ready to test the waters of the condominium sector in Pattaya City, which we see as an increasingly import corner of the market,” he added.
COO South Pattaya will be constructed on a land plot of 5 rai on South Pattaya Road near soi 7. The 818 million baht project will consist of two 8-storey buildings with a total of 476 units and prices starting at 1.59 million baht, or 60,000 baht/sqm. Facilities will include a clubhouse, fitness room, swimming pool, tropical garden and 24-hour security. The company is offering easy payment terms to buyers with installments from only 2,500 per month.
“The building will not be too high and will have easy access to all the transportation links in the city,” added Mr. Chandavimol. “Construction will also be quick as we are expecting to start in July 2014 and will be finished approximately by November 2015.”
A computer graphic shows the COO Condo in South Pattaya.
The show suite gives an example of one of the project’s 28sqm units.
