The recent pre-launch of their newest and third condominium development, the 215 unit, 9 floor Abatalay Condominium at Jomtien Beach has been wildly successful. In just the last two months this boutique developer has sold 55 units in all developments.
An artist’s impression shows the completed Bang Saray Beach Condominium project by developer CW Asset Co.
The impressive sales record is not so surprising considering their very affordable studio condos start at just 699,000 Baht, for ocean side locations. One bedrooms from 730,000 Baht and two bedrooms from 1.5 Million Baht. A low price and closeness to the beautiful Bang Saray and Jomtien beaches make CW Asset condominiums much in demand.
The future looks quite bright for the company. Their first development, Bang Saray Beach Condominium is 70% sold out and the Building A is nearing construction completion. Construction has now also started on Bang Saray Beach Condominium Building B. A few ocean view studio, one and two bedroom condos are still available. Prices start at just 775,000 Baht
Their second development, CW Ocean View Condominium at Bang Saray Beach is now 40% sold out and construction is scheduled to begin in August 2013. These furnished and unfurnished ocean side one and two bedroom condos start at just 730,000 Baht.
Bang Saray Beach Condominium is already 70% sold out.
CW Asset Co. Managing Director, Imorn Luekhamharn, has recently announced the official launch date of Abatalay Condominium at Jomtien Beach. A launch reception for Abatalay Condominium will be held at CW Asset Pattaya sales office located at 308/74 Thappraya Road, opposite from Thappraya Road, Soi 11. The reception is scheduled for the beginning of March and further announcements of the day and time will appear in the Pattaya Mail. Pattaya property professionals, media, friends and customers are all invited to attend and see the Abatalay Condominium model showroom at the company’s Thappraya Road sales office.
CW Asset Co has begun searching for more ocean side land to develop multiple affordable luxury condominium projects. To finance the land purchase they are issuing corporate debenture bonds in a private placement. Based on a recommendation by the Thailand Security and Exchange Commission, CW Asset is proceeding with this widely used method to raise funds and to date a third of the bond issue has already been subscribed.
“Building value with a quality property investment” is the CW Asset Co. motto. In their condominium developments the standard features are high quality and include roof-top pools in some developments, project wide wifi, fitness centers, covered parking, restaurants, glass balcony rails and on site property management for rental units. Investors looking for value and higher returns should take a look at units in CW Asset condominium developments.