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Real Estate Monthly Edition 027 December 2013
 

Glamorous ‘Riviera’ leads the way with 50% sales in 8 weeks

Stunning landscape detail surrounds The Riviera showroom.

Pattaya’s most recent high-profile and glamorous high-rise development ‘The Riviera’ held an opening weekend event on Sat 30th Nov and 1st Dec at the all new luxury showrooms on Soi 16, Wongamat.
The special guests attending included Pattaya Deputy Mayors Ronnakit Ekasing and Wuttisak Rermkijakarn, Banglamung Assistant District Officer Natthana Leejiavara and Commander Pol.Maj.Gen Ittipol Ittisarnronnachai.
Developer of The Riviera, Winston Gale commented: “We have had an excellent result from this weekend selling over 100m THB of property with many more units under consideration. We have been extremely busy over the last 8 weeks opening up for sales without an official showroom launch and so are delighted to announce that we have now exceeded 50% of total sales”.

Developer Winston Gale (4th right) and wife Sukanya (3rd right) greet Pattaya Deputy Mayors Ronnakit Ekasing and Wuttisak Rermkijakarn, and Pol. Maj. Gen. Ittipol Ittisarnronnachai plus other VIPs at the Open House party on November 30.

The previous week saw Winston and his Riviera Group team hold an exclusive agents-only ‘sneak preview’ at the luxury showrooms where more than 150 local agents attended to give their feedback before the show suite was opened to the general public.
The showroom can only be described as ‘spectacular’, due in large part to the high level of sophisticated design, luxury fittings and details, combined with the overall scale of the building, which is actually only a temporary structure and will be removed 3 years from now. The company’s strap line of ‘Glamorous Lifestyle, Ocean Dreams’ is well reflected within the show-units and show gallery.
Two fashions show’s provided extra glamour and sparkle on the opening weekend, with Bangkok’s EM Modelling Management providing international models that presented designer luxury clothing items from Erica Ernst ZuckerBraun Design and her team.
Anders and his News Steaks & Grill team were on hand to provide high quality canapés, BBQ and a range of cocktails, and JoJo from Ministry of Dance imbued Sunday evening with some high-energy glamour in the form of salsa dancing with his experienced team.
A live acoustic band played throughout the event on the terrace surrounded by what can only be described as a living wall of landscaping.
The Riviera will consist of two towers of 43 and 40 floors housing 979 units in total with an estimated value of 3.4B THB. By scale alone, it makes it one of the most significant and important projects for Pattaya’s real estate market today and its hugely successful and rapid 50% of sales shows that Pattaya’s real estate market still remains in a healthy position.
The Riviera’s success comes quickly off the back of Winston’s co-developing award for the ‘Best Eastern Seaboard Condominium’ 8 weeks ago for ‘The Palm, Wongamat Beach’.
For more information, go to website: www.therivierapattaya.com.

Kamonrat “Emmy” Ladseeta - the new brand ambassador for The Riviera.

Ladies from EM Modelling pose for a photo with Winston Gale and his wife Sukanya.

Winston Gale and his sales team welcome you to The Riviera at Wongamat.


Blue Sky Group launches Venetian Signature Condo Resort

An artist’s impression shows the completed Venetian Signature Condo Resort Pattaya.

The Blue Sky Group is back in Pattaya, launching its third condominium development and aiming to create a city landmark with its 2 billion baht Venetian Signature Condo Resort.
Patterned upon Italy’s “city of love,” the condominium project on Jomtien Second Road officially opened is showroom and sales office on Nov. 23 with a “symphony of love” party hosted by Pattaya Deputy Mayor Ronakit Ekasingh and Blue Sky directors Thawatchai Sachdev and Surjeet Singh Chawala.
Project manager Sunny Chawala said the Venetian comes on the heels of the successful Atlantis and Grande Caribbean projects, but will be distinctly different than the first two. Chawala said it will focus on a “luxurious romantic style” with the grounds modeled on a map of Venice.
Spread over 10 rai, the condo resort will feature four eight-story buildings – Antonio, Bellini, Casanova and Marco Polo – offering a total 990 units. Units come in three sizes with a studio at 24-27 sq. meters, one-bedroom at 32 sq. meters and two bedrooms at 64 sq. meters. Prices start from just 899,000 THB for a fully furnished studio.
Both interior and exterior decorations will carry an Italian theme. Amenities include a landscaped garden, children’s room, a “lazy canal,” fountains, floating walkway, and a gondola pier. Construction is slated to begin next summer with completion the year after.
To celebrate the project’s launch, Blue Sky donated 100,000 baht to the Sanuk Day Care Center through its managing director Tracy Cosgrove.
For more information, call 087-499-6551 or visitVentianPattaya.com. 
(By Phasakorn Channgam)

Ronakit Eaksingh (left), Deputy Mayor of Pattaya, presents a bouquet of flowers to Surjeet Sing Chawala (right), Director of the Blue Sky Group, to congratulate him on the launch of the Venetian Signature Condo Resort development.

Surjeet Sing Chawala (right) presents a cheque for 100,000 THB to Tracy Cosgrove (2nd right) and the children of the Sanuk Day Care Center.


Matrix aiming for The Sky

(From left): Matrix Development’s market manager May Watson, managing director Miki Haim, and international sales manager Jery Jeritza pose for a photo at the official launch of The Sky condominium.

Matrix developments officially launched The Sky at Jomtien condominium project and showroom at a special party held for guests, agents and media on Oct. 31.
The Sky condominium will be a high-rise building set on a prime two rai plot of land on Soi Wat Boon in Jomtien. It will offer close to 300 units spread across 30 floors with choices of studios, 1, 2, and 3-bedroom unit configurations.
“The Sky will enjoy a superb location in Jomtiem close to the beach and with easy access to Sukhumvit Road also,” said Matrix MD, Miki Haim. “Even though we have only just launched the project today, the good news is that we already have EIA approval and are ready to start construction soon. The EIA regulations will be revised in 2014 so we specifically designed Sky to adhere to all these changes, and this led to it getting passed at first review,” added the Matrix chief.

Units will come fully furnished and in a range of sizes with prices starting at 1.19M baht.

The development will feature a long list of amenities including gardens, a children’s play area, fitness centre, swimming pool, shops, restaurants and movie theatre. Each of the 293 units in The Sky will be fully furnished with built-in wardrobes, air conditioning and a European style kitchen. Prices start at 1.19 million up to 8.79 million THB and construction is scheduled to be completed in 2016.
Additionally, the Matrix boss told Pattaya Mail that he sees a different demographic of buyers in the local real estate market these days and his company has had to adapt accordingly.
“First we had the major influx of Russian tourists a few years ago and now we are starting to see more Chinese buyers in our projects,” said Mr. Haim. “I believe Matrix is one of the pioneers here in Pattaya for tapping into this source of investors and we now have a separate marketing department that caters exclusively to buyers from China.
“Having so many different languages now spoken around the Matrix office though, it certainly keeps things interesting,” joked Miki.
For more information on The Sky condominium and the other projects under the matrix umbrella, go to website: www.matrix-developments.com.

The Sky will be centrally located in Jomtien close to the beach and with easy access to major transportation links.


New Nordic Group looks to expand its customer base

Kurt Svendheim, CEO of New Nordic Group.

Having been a familiar player on the Pattaya real estate scene for over a decade, with numerous projects concentrated around the Pratamnak Hill area in the south of the city, the New Nordic Group is now taking a change of direction and plans to diversify its marketing approach by targeting more Thai buyers
At the end of last month, Group CEO Kurt Svendhiem and general manager Namfon Wongsuwan announced the formation of a subsidiary company, New Nordic Living Thailand, which will market the company’s existing and future projects exclusively to Thai investors.
“In the past our projects have done very well with our European customers, particularly the Scandinavians,” said Mr. Svendhiem. “Thai buyers however amount to only 5-10% of our business, which is quite low, and we have therefore decided to present new investment options for our Thai customers.”

A 3-bedroom apartment in New Nordic Dream Paradise.

The existing 23 Nordic projects cover an area of approx 28 rai between Pattaya city and Jomtien and offer investors a diverse choice of accommodations, whether it be villas, hotels, serviced-apartments or condominiums, from studios up to spacious 3-bedroom units.
“We are focused on real-estate in the Khao Pratamnak area only as we want to be certain that we can thoroughly manage all the projects, starting from construction and making sure that we maintain the highest standards for all our developments. This would be difficult to accomplish if our projects were scattered more liberally around the city and nearby areas,” added Mr. Svendhiem.
As well as its plans to target Thai customers, New Nordic also announced what it believes to be a new standard for the real estate industry by presenting condominium buyers with a promise of a 10% guarantee on rental income for as long as 10 years after the project has been completed, this in addition to a 3% cash back to those who have paid in full before and during the project construction of any of New Nordic’s projects.
The company has so far invested a total of 12 billion baht in the Thai real estate industry over the past 13 years and expects to have up to 50 completed projects in its portfolio by 2015.
For more information, call 038-250-025 or visit: [email protected].
(By Warunya Thongrod)

The pool area at New Nordic VIP-4 Condominium.


AP launches COO Condo in South Pattaya

A computer graphic shows the COO Condo in South Pattaya.

AP Thailand made its first venture into the Pattaya real estate market at the end of last month with the official launch of its COO South Pattaya condominium.
At the opening ceremony and press announcement on Nov. 20, Vittakarn Chandavimol, Chief Marketing Officer for AP said that the project would aim to introduce a new style of living in the center of the city under the concept of ‘Vintage Loft.’
“AP is a leading condominium developer that has a solid track record of building condominiums in Bangkok for over 22 years,” said Mr. Chandavimol. “We have completed over 50 successful projects worth over 92 billion baht in total and have been successful in other provincial cities such as Udon Thani and Phitasanulok, with many satisfied customers. Now we are ready to test the waters of the condominium sector in Pattaya City, which we see as an increasingly import corner of the market,” he added.
COO South Pattaya will be constructed on a land plot of 5 rai on South Pattaya Road near soi 7. The 818 million baht project will consist of two 8-storey buildings with a total of 476 units and prices starting at 1.59 million baht, or 60,000 baht/sqm. Facilities will include a clubhouse, fitness room, swimming pool, tropical garden and 24-hour security. The company is offering easy payment terms to buyers with installments from only 2,500 per month.
“The building will not be too high and will have easy access to all the transportation links in the city,” added Mr. Chandavimol. “Construction will also be quick as we are expecting to start in July 2014 and will be finished approximately by November 2015.”
(By Warunya Thongrod)

Vittakarn Chandavimol, Chief Marketing Officer (Strategic Marketing) for AP Thailand.

The show suite gives an example of one of the project’s 28sqm units.


Thailand enjoys robust condominium market

The booming condominium business will see nearly one million new units rise up countrywide with three-quarters of them in Bangkok and its outskirts, according to a recent survey conducted by Kasikorn Research Centre.
In Bangkok and its suburbs, 62,500-65,500 condo units have already been started this year, a 9.4-9.9 per cent increase from last year. The new projects are added to some 80,000-85,000 units of finished condominiums, an increase from 78,000 units last year.
The condominiums now under construction will gradually open in the next few years.
Kasikorn said the condominium business has been no less active in the provinces where urban investors are expanding their investments.
About 23,000 condominium units have been launched in the provincial property market this year, a rise year on year of 179 per cent, and it will see continued growth in 2014-2015, the research centre predicted. It warned, however, of oversupply in the upcountry market. (MCOT)


Report points to changing shift in Pattaya condo market

The Golden Tulip Hotel & Residence in central Pattaya will offer a hotel-quality management service to its residents.

Property developer Raimon Land recently presented its latest assessment of the country’s two most active condominium markets, Bangkok and Pattaya, in the 12th edition of its annual research publication ‘Condominium Focus Thailand’.
The report offers an insider perspective from a leading developer on real versus speculative demand in the condominium sector, which segments may have been underserved during the sector’s rapid expansion in recent years, and expectations for the evolution of the condo market going forward.
In Bangkok, condominium demand remains strong; however, with developers in recent years rushing to deliver one-bedroom units along mass transit lines, other product types have been left potentially undersupplied. In particular Raimon Land has observed a strong reduction in vacant supply of larger, family-size units in recent months. Going forward this may mean a rise in the number of larger or alternative unit configurations.

Baan Plai Haad in Wongamat was the only beachfront classified condominium development launched in North Pattaya in the 12 months covered by the report.

Raimon Land’s report indicates that throughout the past 12 months, a total of 30 projects comprising 14,059 units were completed in the capital, most of which were one-bedroom units in midtown areas. Over the next 2 to 3 years, more than 24,000 units are expected to be completed in these midtown areas, such as Rama 9, Ratchada, Lat Phrao, Paholyothin, and the Silom and Sukhumvit BTS Line Extensions. In downtown areas, 11,500 units are expected to be completed.
Pricing continues to rise, with 60% of new launches now asking prices above 100,000 baht per square metre and 5% asking above the 200,000 baht per square metre mark. Take-up rates are healthy across all segments, selling out 74% of new launched units on average. The price increase, however, is putting pressure on rental yields, which are ranging from 4 to 7% for new completed projects.
“At the moment we clearly see two parallel trends in the Bangkok market,” said Simon Dervillé, Raimon Land Deputy Vice President for Business Development. “In downtown areas, we still see high potential for projects in the high-end luxury segment, where demand for large-size units remains strong from both local and foreign buyers. And in midtown areas, we will continue to see more projects provided that banks continue to support both developers and homebuyers, which they have done a good job of so far.”
In Pattaya meanwhile, luxury beachfront projects are no longer the exclusive attraction in the market, as new downtown developments are now steadily being launched in Central and South Pattaya, emphasizing the urban lifestyle and proximity to other amenities. Beachfront projects are continuing to attract customers in the high-end segment, but supply is increasingly limited by the lack of available land.

Demand remains strong for high-end luxury developments in downtown Bangkok, such as Raimon Land’s award winning 185 Rajadamri.

To emphasize the point, in the past 12 months, four projects with a combined 1,008 units were launched in North Pattaya. Of those, just one – Baan Plai Haad, which features 353 units – was classed as beachfront. Selling prices at Baan Plai Haad are about 100,000 baht per square metre. A year earlier, the luxury condominium project Zire Wongamat, which comprises 450 units, was also launched along Wongamat beach, and is now selling between 125,000 to 150,000 per sq m.
So while beachfront locations, such as those at Wongamat and Naklua in the North, are the most sought after, Pattaya has also been keen to develop other areas of the city.
As a result, there are now several high-quality developments close to the city’s non-seafront attractions, such as shopping centres, which offer easy access to the city centre. Other projects set back from the coast have sought to establish their own unique selling points. The Golden Tulip Hotel & Residence Pattaya, by Tulip Group Thailand, for instance, offers buyers a hotel-quality management service, while Savanna Sands by Universal Group is hoping to attract premium clients with its resort-style design.
The report says developers are also responding to the growing demand from Thai buyers for getaway properties. A total of 13,152 units were completed within the past 12 months, with an impressive take-up rate of 87%. The majority of those units were in projects located in Central and South Pattaya.

New completions in Pattaya show a rising trend towards smaller units away from the beachfront. (Image by Raimon Land PLC)

With 9.2 million visitors expected in 2013, tourism remains an important driver of Pattaya’s property market, with increased visitor arrivals and customers from Russia, Japan, and China. Unlike previous years, when foreign buyers were primarily looking for larger units, recent condominium buyers from these countries have been more interested in vacation homes, priced below 5 million baht, where they stay for shorter periods.
Based on Raimon Land sales in Pattaya, domestic buyers still dominate the market in terms of nationality but constitute a smaller percentage overall compared with 2011. The Russian market is still strong with a growing number of Asian buyers, notably Chinese and Japanese nationals. Indeed, Asian buyers are expected to continue forming a bigger portion of the condominium market in the future.
Market-wide in Pattaya, the average selling price is now at 71,357 baht per square metre, an increase of 21.2% year-on-year. This is due to the escalating cost of land, which has typically led developers to opt for high-rise over low-rise developments. Within the next three years, nearly 25,000 units are expected to be completed in Pattaya, a large percentage of which will be one-bedroom units measuring less than 40 square metres.
“My concern is that today only 48% of the newly launched units have actually been sold,” commented Mr. Dervillé. “The good thing is that the demand is there, but the challenge is that there are too many projects in the pipeline.”
Major developers in Bangkok have taken note of the evolving market opportunities in Pattaya and are now establishing a presence in the city. This trend may limit the occurrences of projects developed by smaller players that experience financial problems and put their developments on hold indefinitely, which has happened in Pattaya in the past.
“Lately, we have seen a situation in Pattaya where there are many players, too many projects being developed, and not enough construction companies to build them. With the arrival of well-established developers from Bangkok, we will see better quality projects and hope the market will consolidate. There is great potential for the Pattaya real estate market but it needs to be regulated,” added Mr. Dervillé.
Statistics indicate that the Pattaya condominium market is set to continue growing in 2014 and in the years ahead. To prevent the market overheating, the report suggests that developers of low- to mid-segment condos should seek to tighten their buying conditions, perhaps by requiring higher down-payments and booking fees. However, with the average take-up rate around the 50% mark, it concludes that this might not happen just yet.
(Source: Raimon Land PLC)


Raimon Land tops off Zire Wongamat in Pattaya

Raimon Land executives (right side, from left to right) Lionel Lee - Director, Nuch Kalyawongs - Director and Chief Finance Officer, Sataporn Amornvorapak - VP Finance and Operations, Neil Hutchison - Project Procurement Director, Simon Derville - Deputy Vice President Business Development, and Tan Tat Ming - Senior Manager and Corporate Finance are joined by executives from Pre-Built Company and SODA Thailand for the topping-off of Zire Wongamat on November 9, 2013.

Leading luxury property developer Raimon Land recently celebrated the topping-off of Zire Wongamat condominium, its prime beachfront residential project along North Pattaya’s most exclusive cove. Zire Wongamat is Raimon Land’s third project in Pattaya after Northshore and Northpoint.
With the final beams in place for the project’s 37- and 54-storey towers, Zire Wongamat is edging closer to completion as one of the most exciting additions to the beachfront condominium segment in North Pattaya.

Once completed, Zire Wongamat will offer buyers a majestic beachfront residence in a first-class complex occupying a land area of about 6 rai. A wide range of unit types are available for selection: studios and 1- or 2-bedroom units to splendid duplexes, all with breathtaking views of the Gulf of Thailand and easy access to the best that Pattaya has to offer.
Johnson Tan, CEO of Raimon Land stated at the Nov. 9 ceremony: “Today marks a key milestone for Raimon Land and highlights our commitment to excellence and integrity. Since Zire Wongamat’s official launch in January 2011, 90% of the units have been sold. With its stylishly-designed apartments, top-notch facilities and privileged spot in an intimate and family-friendly neighborhood, Zire Wongamat will be a real haven of serenity.”

Zire Wongamat is scheduled for completion next year and is already 90% sold out.

Lionel Lee, Director of Raimon Land, added: “Pattaya remains one of Thailand’s most popular seaside destinations for those wanting to get away from the big city to relax and unwind. Just 90 minutes from Bangkok and an easy drive from Suvarnabhumi International Airport, Zire Wongamat is ideally situated to explore Pattaya’s activities or to enjoy the postcard-perfect scenery. This is why the response has been overwhelming not just from local buyers, but also from foreigners looking for an ideal second home in the region.”
The structure is now fully complete and the show suite apartment has been relocated to the actual tower. Architectural work in all 480 units – as designed by internationally-renowned architecture firm SODA – is advancing as scheduled and Zire will be ready to welcome its first residents next year.
Raimon Land is currently offering furniture vouchers worth 100,000 and 200,000 baht respectively to purchasers of 1 and 2-bedroom units in Zire Wongamat before 31 Dec. 2013. For more details, go to www. raimonland.com or call 02 651 9600

Lionel Lee, Director of Raimon Land, takes in the stunning coastal views from top of Zire’s 54-storey tower.


CBRE report says Bangkok residential rents poised to rise

Rents for expatriate standard apartments and condominiums are likely to rise for the first time in over 20 years, according to international property consultant CBRE Thailand.
“Since the early 1990’s, there has been very little increase in total amounts of rent paid by expatriates for their residential accommodation, but this looks like it is about to change,” said James Pitchon, Executive Director of CBRE Thailand who has covered the Bangkok residential leasing market for over 20 years.
The number of expatriates has been growing, but the number of two- and three-bedroom condominium and apartment units has not been growing significantly. Many expatriates are posted to Bangkok with their families. They generally want to stay in a limited number of locations; Sukhumvit Soi’s 1-63/2-42, Lumpini and parts of Silom and Sathorn. These tenants need two or three bedroom units.
There have been very few new apartments (single-ownership buildings) built and although the condominium (multi-ownership) stock in the main areas preferred by expatriates has increased by almost 80% over the last five years, the majority of that new supply has been one-bedroom units.
CBRE believes the market is almost at the stage where there is becoming a shortage or at least a limited choice of expatriate standard apartments and condominiums in the preferred locations, especially two- and three-bedroom units.
This means that for the first time in almost 20 years CBRE expects that expatriates are going to need larger lump sum housing allowances for their accommodation.
The current occupancy in the most popular expatriate areas of apartments is over 90% and 70% for condominiums from owner occupiers and tenants.
Generally most single-ownership apartment buildings have been well maintained and both the interiors and common areas have been refurbished and most can still attract tenants.
There has been less renovation of older condominium buildings which generally have larger units than new condominiums. In some older condominium developments, individual owners have not refurbished their units or replaced furniture and appliances since the day they bought the property and, in some cases, these un-refurbished properties have become so unattractive that they are unlettable even at a discounted rent.
The current low rate of rentals means that few developers are building apartments (single-ownership buildings) in expatriate areas and there are less than 100 units under construction.
CBRE estimates that there are about 22,000 condominium units under construction in expatriate areas, but only about 30% of these will be two- or three-bedroom units with the rest being studios and one-bedroom units.
There were around 65,000 expatriates with work permits in Bangkok in Q2 2013, according to the Alien Occupational Control Division of the Department of Employment. This was an increase of 10% Y-o-Y and does not include diplomats or people with work permits for locations outside of Bangkok but living in Bangkok.
Some long-term expatriates have bought property and are not potential tenants. Some expatriates are single and choose to rent a serviced apartment, a one-bedroom apartment or condominium, but a significant number of expatriates come with families or are couples who want a two- or three-bedroom unit.
“In 2012, CBRE was responsible for over 400 expatriate leasing transactions, 70% of these were for two- and three-bedroom units and we think this is representative of overall demand in the mid to upper-end of the market,” said Theerathorn Prapunpong, Director – Head of Residential Leasing Services at CBRE Thailand.
With the limited amount of good quality two- and three-bedroom existing apartment and condominium units and, with almost no new apartments and mainly one-bedroom condominium units under construction, there is likely to be a shortage of two- and three-bedroom expatriate standard residential units which is triggering an increase in rents.


DECCO opens first showroom in Pattaya

Home Product Trading Co. announced it was set to open its first DECCO showroom on the Eastern Seaboard on Nov. 30 in Pattaya.
Executive Director Kittipong Sumanon invited the media to tour the 200 million baht outlet opposite Pattaya School No. 7 on Sukhumvit Road, Nov. 11.

Kittipong Sumanon speaks to the invited media on November 11.

He said the 5-rai showroom will house more than 5,000 high-end home furnishing items, hoping to achieve more than 2 million baht in sales to homeowners, offices, hotels and industrial sites in the first two months. Monthly sales are targeted at 4 million baht per month next year.
Kittipong acknowledged that the home-furnishings sector is very competitive, but he hopes that DECCO’s variety of designs for doors, sanitary wares and LED products would make it the leading such retailer in the area.
For more information, call 038-231-685.
(By Thanachot Anuvan)

The new DECCO showroom in Pattaya has more than 5,000 high-end home furnishing items on display.


Sansiri holds media ‘thank you’ party at Baan Plai Haad

Sansiri executive Uthai Uthaisangsuk (5th right) and Niks Anuman-Rajadhon (center) pose for a photo with cocktail mixing members of the media at the exclusive party held at Baan Plai Haad on Nov. 22.

Bangkok based property developer Sansiri PLC hosted an exclusive rooftop cocktail party for members of the local media on Nov. 22 at its ‘Baan Plai Haad’ condominium project in Wong Amat Beach, Pattaya. The party was held as a ‘thank you’ to the press in both the Pattaya and Chonburi areas for providing media exposure of Sansiri’s projects throughout 2013.
The rooftop sales gallery of ‘Baan Plai Haad’ was temporarily transformed into a superb outdoor party venue with views overlooking the bay and the nocturnal skyline of Pattaya city. Highlights of the evening included a cocktail concoction workshop by famed drinks mixologist Niks Anuman-Rajadhon and a lucky draw to win some fantastic prizes.
Uthai Uthaisangsuk, Senior Executive Vice President of Business Development & Project Development Division (High Rise), Sansiri Plc., stated: “We (Sansiri) would like to express our sincere gratitude to the continuous support that our media friends and customers in Chonburi and Pattaya have given to us this year, especially for the ‘Baan Plai Haad’ project. Today, over 50% of all the units in this 2,200-million-baht development have been sold.
“The concept of this party was inspired by the concoction of our popular cocktail exclusive to this property, ‘Baan Plai Haad Cruising Punch’, which is blue in colour and symbolizes the azure waters of Pattaya. We say to all our media friends gathered at this party that we hope to continue working with them in a fruitful, rewarding and professional manner throughout 2014,” added Uthai.

Uthai Uthaisangsuk (left) hands out prizes to winners in the lucky draw.

Baan Plai Haad condominium is a beachfront residential complex situated on a prime 4-rai land plot on Wong Amat Beach. The development consists of one 31-storey building and another 7-storey building with a combined total of 353 units. The project offers choices of 1, 2 & 3-bedroom unit types with dwelling areas ranging from 40 to 154sqm. Prices start from 3.59 million baht.
The project is fully equipped with first-rate facilities and also offers the exclusive Plus Concierge service. Owners are also entitled to a selection of exclusive Sansiri Family privileges and benefits. Show units are available for inspection at the sales gallery on Pattaya-Naklua Road.
A special year-end promotion is currently being offered on this project by Sansiri. Reserve a unit here before the end of December 2013 to receive a complimentary iPhone 5s 16GB, plus the chance to win a Central gift voucher valued up to 100,000 baht.
For more information, go to www.sansiri.com.

The secret is in the shake - concocting ‘Baan Plai Haad Cruising Punch’ on the rooftop sales gallery.


 
HEADLINES [click on headline to view story]

Glamorous ‘Riviera’ leads the way with 50% sales in 8 weeks

Blue Sky Group launches Venetian Signature Condo Resort

Matrix aiming for The Sky

New Nordic Group looks to expand its customer base

AP launches COO Condo in South Pattaya

Thailand enjoys robust condominium market

Report points to changing shift in Pattaya condo market

Raimon Land tops off Zire Wongamat in Pattaya

CBRE report says Bangkok residential rents poised to rise

DECCO opens first showroom in Pattaya

Sansiri holds media ‘thank you’ party at Baan Plai Haad

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