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.
Suparat Chirathivat Uahwatanasakul, Vice President Business Development, Centara International Management; Kobi Elbaz, CEO Tulip Group and Suthikiati Chirathivat, Chairman of the Executive Board of Central Plaza Hotel Public Co., Ltd., at the sales launch of the Centara Grand Residence, Bangkok, Saturday, December 17.
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.”