Riviera Group signs billion baht deal with Siam Commercial Bank

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The Billion Baht handshake: (l-r) Sukanya and Winston Gale, owners of The Riviera Group, with Siam Commercial Bank’s Executive Vice President Thanawatn Kittisuwan and Executive Vice President Multi-Corporate Parnu Chotiprasidhi.
The Billion Baht handshake: (l-r) Sukanya and Winston Gale, owners of The Riviera Group, with Siam Commercial Bank’s Executive Vice President Thanawatn Kittisuwan and Executive Vice President Multi-Corporate Parnu Chotiprasidhi.

The Riviera Group, one of Pattaya’s leading Property Developers recently signed a Construction Loan Agreement of 1,050,000,000 baht with Siam Commercial Bank.

Winston Gale, owner of The Riviera Group said, “This loan is for the final construction phase of The Riviera Jomtien.  Having worked with SCB for over 8 years now, I am pleased to see the trust between both parties continues.”

The high-profile 46 story 68,000sqm High-Rise project located on Jomtien’s new 2nd Road has been long viewed in the industry as a significant and important project with predictions of landmark status when complete by end of this year. It will be Pattaya’s largest by single building scale alone: 1053 separate condominiums supported by 25 commercial units, with over 80% of the residential units enjoying direct sea views.

The direct road makes the project just 2 minutes’ walk to the beach. In addition, the condo is fully equipped with high class facilities, such as a large pool and decking areas on the 37th floor, and the fabulous infinity edge sky pool on the 42nd floor providing a dramatic 360 degree panoramic view over the entire Jomtien Beach area, Koh Larn and Pattaya City.

The Riviera Jomtien will boast both cutting edge architecture and 5 Star hotel-design qualities, now demonstrated in their Multi-Award Winning Flag Ship project The Riviera Wongamat, which was completed last summer.

The working team that did all the hard work to make this historic event happen: (l-r) SCB Chonburi Regional Manager Anol Eaksil, Sukanya and Winston Gale, Project Director Sommai Ungrithong, Relationship Manager Suparp Kuhapensaengm, and Siam Commercial Bank Senior Vice President Credit Product Sontichai Sinchaipanid.
The working team that did all the hard work to make this historic event happen: (l-r) SCB Chonburi Regional Manager Anol Eaksil, Sukanya and Winston Gale, Project Director Sommai Ungrithong, Relationship Manager Suparp Kuhapensaengm, and Siam Commercial Bank Senior Vice President Credit Product Sontichai Sinchaipanid.