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Poompatta follows the trend
of high-quality developments in Pattaya
The Poompatta Condominium on
Pattaya 3rd Road.
Following hot on the heels of their phenomenal success with
Baan Nat Cha, the Watcharin Group have now launched their latest project, the
Poompatta Condominium.
Located at the north end of 3rd Road next to Baan Nat Cha, Poompatta is great
for shopping (Big C, Carrefour and Foodland are all within 5 minutes of the
project) and ideal for those working in Laem Chabang with easy access straight
out onto Sukhumvit Road.
 All
the units come fully equipped and just require your own personal finishing
touches.
Talking note of the world’s current economic woes, the Watcharin Group decided
that instead of following the usual off-plan trend of a 40-50% down payment over
the last few months, they would spread the 40% over the period of 20 months to
make it a lot more affordable to more people and also offset the current
strength of the baht somewhat. (With payment over 20 months buyers should see
the baht weakening during that period).
In the building itself there are 4 types of property which consist of 1+2
bedrooms units complete with kitchens, air conditioners, water heaters, and are
basically fully furnished to a high standard and just awaiting your personal
touch for the soft furnishings.
Facilities in the building include two swimming pools with a tropical water
fall, cable TV, Wifi internet to every unit, 24hr security and CCTV, a
landscaped tropical garden, children’s playground, transportation services,
fitness room and ample parking plus a business centre.
Poompatta looks well on course to emulate the success of Baan Nat Cha and for a
special limited time there is 15% discount of offer.
Their will be a gala launch party on Tuesday January 20 from 5 p.m. till late at
the Poompatta showroom. Contact the lead agent Pattaya Realty on 038 412 301 for
full details.
The project includes 2 swimming
pools and a beautiful landscaped garden.
Expand you horizons
with a stretched ceiling
Stretched Ceiling Co, Ltd is a company specializing in the
design and installation of commercial stretched ceiling systems. They have over
7 years experience in the field of stretched ceilings, and a long standing
tradition of producing high quality systems for their clients. With a large base
of partners within the industry, they are able to offer the highest quality
products currently available in the market of stretched ceilings.
What is a stretched ceiling?
There are a multitude of stretched ceiling systems currently
available in today’s market. These include matte, satin, lackfoile, and metallic
amongst many others. Stretched ceiling systems are made primarily from PVC
(Polyvinyl Chloride), which, owing to its elasticity, means the scope for
creating unique shapes and designs is very large indeed. Ceilings can even
incorporate multi-tiered systems to add an extra dimension to your design.
 Stretched
ceilings can be manufactured in a huge variety of colours and designs.
All lighting, from lamps to suspended lights can be fitted within the stretched
ceiling system. Stretched ceiling systems are designed to optically enlarge the
height of the area they are installed in. The stretched ceiling systems are
custom fabricated to achieve an individual’s design objectives, and come in a
range of over 100 colors and finishes.
The main reasons to consider installing the system are as follows:
* It is low cost, both in time and money, and does not require large industrial
equipment in installation. It is practical, because it can be quickly removed
and re-installed with no mess involved for any technical work to be carried out.
* Should the area the ceiling is installed in flood; the ceiling can be easily
repaired and clean with a minimum of effort. Stretched Ceiling Co, Ltd’s
engineers will take care of all maintenance issues in this area.
* It is easy to clean and requires hardly any maintenance
* Especially suited to new builds, due to the shrinkage which occurs after
completion; a stretched ceiling will simply follow the shape of the shrinkage,
which means no more headaches when other ceiling systems need to be repaired or
replaced, often at great expense.
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Stretched ceilings fit all types of commercial ceiling applications, including:
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Installation and fitting of the ceiling systems is fast and clean, especially
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In summary, you can choose to modify the look of your house using a stretched
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effective, 100% recyclable, fire rated class ‘A’, water damage and stain
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Lastly, it can be uninstalled and moved to a new location. Moreover, there is
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terms of sale.
For more information or any professional consultant in English, Thai and Russian
you can contact: Stretch Ceiling Co., ltd. at 081 0778507 or 089 523 0739 (Thai)
or email: [email protected]
Property market may not fully recover till 2011 says CBRE
Thailand’s property market is not likely to recover from the
current slowdown until 2011, according to Aliwassa Pathnadabutr, managing
director of real estate advisers CB Richard Ellis (Thailand).
The company’s research indicates that transactions across all segments were down
in the last quarter of 2008, and the market may retreat by 10-20 percent this
year, the biggest fall since the 1997 financial crisis.
“When we saw demand in the property market dropping, we suggested to our
customers that they wait and see [what happens]. As a result our customers
suspended investments of between Bt4 billion and Bt5 billion in the last quarter
of 2008,” said Aliwassa.
The market will only recover when the global economy itself enters a positive
phase, which most analysts believe will not be before 2011. Aliwassa points out
however that the current market conditions are less critical than they were
post-1997.
“We believe that this recovery cycle will be faster than that after the 1997
financial crisis because global leaders such as the US, UK, Europe, Japan and
China have launched measures to solve the problem. Meanwhile, Thailand´s
property developers and finance firms are healthier, financially, than they were
in 1997,” she said.
She added the downtown condominium market was the first segment to be hit by
both the global financial crisis and domestic political instability.
“Demand for downtown condominiums, especially luxury condominiums, has fallen
significantly, from both domestic and foreign buyers, in the last quarter of
2008.”
Aliwassa said that domestic demand has also dropped, because both home-buyers
and investors are concerned about their future earnings, as well as worrying
that projects might not be completed.
“Domestic investors have enough cash to invest, but most of them believe that
residential project prices will continue to fall in 2009, so most of them are
delaying their decisions to buy,” she said.
At the start of 2009 Bangkok had between 6,000 and 7,000 unsold downtown
condominium units, and this inventory will take at least two years to clear,
Aliwassa said.
The economic downturn is also likely to be felt in the commercial sector as
multinational firms rein-in their spending by cutting down on office space and
reducing staff numbers. This will in turn have a negative effect on the
occupancy rate of both the office and serviced apartment segments of the market,
said Aliwassa.
CB Richard Ellis (Thailand), which had total sales of over 15 billion baht in
2008, has said it will focus on consultancy and research in 2009 to build a
database that customers can use in making decisions on investment or purchasing
residential or commercial buildings. The company will continue to maintain its
brokerage business, but will focus on smaller projects with faster sales.
(Source CBRE Thailand)
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