Matrix delivers 3 projects on time, announces more in the pipeline

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Following a positive year so far for Matrix Developments, including earning recognition at the the 2013 Asia Pacific Property Awards, there was further good news for customers of this local and popular developer as Matrix announced in October that the title deeds for 3 of the company’s recently completed projects were ready to be handed only to the new owners.

Thanks to diligent work with the local Land Office, the company is now in a position to transfer over 700 title deeds to its customers, which includes 507 at Paradise Park,129 for The View, and 66 at Sunset Boulevard building 1.

(From left) Matrix Managing Director Miki Haim poses for a photo with Marketing Manager May Watson, Admin Manager Paveena Sangdithi, Sales Manager (Russian Market) Irina Yarmolovich, and Matrix Director Raz Shai as they hold up over 700 chanotes for units at the company’s Paradise Park, The View, and Sunset Boulevard developments.  The title deeds will be transferred to customers over the coming weeks. (From left) Matrix Managing Director Miki Haim poses for a photo with Marketing Manager May Watson, Admin Manager Paveena Sangdithi, Sales Manager (Russian Market) Irina Yarmolovich, and Matrix Director Raz Shai as they hold up over 700 chanotes for units at the company’s Paradise Park, The View, and Sunset Boulevard developments.  The title deeds will be transferred to customers over the coming weeks.

“Being in a position to release the chanotes (title deeds) to the our customers is like closing the circle for us, following all the hard work and processes from the initial dream we have about a development, to the architect’s design on a brochure, and to handing over the keys to the new owner,” commented Matix Managing Director, Miki Haim.

“Over the next 2 months we will be contacting our customers one by one to arrange for transfer and delivery of the chanotes.  It’s at this stage of the project that we feel proud that we have been able to deliver our promises to the customers on time, and of course this is the motto we live by here at Matrix, to deliver on our promises,” added the Matrix chief.

Matrix advised that for owners who are not currently in Thailand or are unable to travel here until next year, the company can arrange transfer of the ownership through customers signing a power of attourney form and sending over the necessary transfer fee.

Construction work on Matrix’s City Center Residence project is scheduled to start before the end of this year.Construction work on Matrix’s City Center Residence project is scheduled to start before the end of this year.

In other Matrix news, Miki Haim indicated that the company’s planned City Center Residence was now 50% sold and construction would begin before the end of this year.  The showrooms for The Sky condinium in Jomtien are also now complete and the building of this iconic development is set to get underway approx. 12 months from now.

Martix recently released renderings of The Sky project, a high-rise building set on two rai of land, beautifully designed and differing markedly from many of the other buildings around town.  It will have 300 units across 30 floors with an average price of 75,000 baht per square meter.

The Sky will be within 500 meters from Jomtien beach, not far from Park Lane, Paradise Park and The Amazon on Soi Wat Boon.  As well as studios, The Sky project will incorporate a large number of one and two bedrooms units as the company hopes to attract some of the increasing number of families coming to the Pattaya area.  In keeping with the family idea, the development, says Miki, will even have its own cinema and a playground area for the children on the 4th floor.

Looking further ahead, Mr. Haim said that with the popularity of Pattaya with tourists showing no signs of decline, he forecast that Matrix would continue to be active in the real estate sector in the city for at least the next 5 or 6 years, with several new projects already on the drawing board.