The increasing demand for luxury property in Pattaya was
confirmed this weekend with the sales launch of the new Centara Grand
Residence.
A stunning 55 units were sold within 48 hours as Thai and
foreign buyers snapped up a piece of what’s been described as the most
exclusive project ever undertaken in the resort city.
Project owner, the Tulip Group, was thrilled with the
launch, undertaken by its sole agent CB Richard Ellis at the Centara Grand &
Bangkok Convention Centre at Central World.
The 3 tower mixed-use project will feature 283
residential units and a 200 room Centara Grand Hotel at Pattaya’s Na Jomtien
Beach.
Suthikiati Chirathivat, chairman of the executive board
of Central Plaza Hotel Public Co., Ltd., attended the sales opening and
described the project as “one of the most beautiful property developments”
he had ever seen in Thailand.
Tulip Group CEO Kobi Elbaz says the Centara Grand
Residence, to be completed within three years, will cover 20 rai and will
have 150 meters beach frontage along with 20,000 square meters of
landscaping and public areas for buyers to enjoy.
“This is green luxury on a grand scale,” he said, “and
the initial response from investors is undoubted proof that Pattaya is more
than ready for this type of high-end project.”
