LPN to build 4 billion baht condo development by the beach

Friday, 04 November 2011 From Issue Vol. XIX No. 44 By  Pattaya Mail
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On the back of its successfully completed residential unit on Sukhumvit Road, north Pattaya, LPN Development has launched a new condominium project called Lumpini Park Beach Jomtien, to be located at Pattaya’s Jomtien Beach.

The 30 storey triple tower development has a projected value of 4 billion baht and will offer an estimated 2,000 units ranging in size from 28sqm studios up to 151sqm 3 bedroom apartments.  Prices start from just 1.49 million baht

An artist’s impression shows the 4 billion baht Lumpini Park Beach Jomtien project. An artist’s impression shows the 4 billion baht Lumpini Park Beach Jomtien project.

At a soft launch on October 10, LPN Development’s managing director Opas Sripayak said that the success of the company’s first project in Pattaya had prompted the launch of this beachside residence aimed at both domestic and foreign investors.

“Demand to buy residences in Pattaya at prices lower than Bt2 million has strong growth - especially domestic demand from people who work in Pattaya,” said Opas.

Meanwhile Sansiri’s senior executive vice-president Uthai Uthaisangsuk said demand for residences was continuing to grow at Hua Hin, from both domestic and foreign buyers.  Although the company has only recently launched its Baan San Kram condominium at Hua Hin, it has already succeeded in selling more than half of the Bt1.4-billion project.

The company plans to launch two or three new up-market condominium projects in Hua Hin in the coming year.

Last modified on Tuesday, 08 November 2011 09:43


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