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The Residence Jomtien Beach condo opens with ‘Poolside Party’

The Lofts Southshore delivers record prices for Pattaya condominiums

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The Residence Jomtien Beach condo opens with ‘Poolside Party’

Sawittree Namwiwatsuk
Town & Country Property has launched a new condominium project that will be built on a 2-rai site just off the beach on Thepprasit Soi 17.

A modeled room of the Residence Jomtien Beach project.
The launch party for The Residence Jomtien Beach took place on August 1, hosted by Town & Country director Herman Van Gucht, who said that the project is designed for the upper end of the market.
The party was well attended and received by the many guests, including a large turn out of real estate-professionals from the Chonburi province including all REBA-ES members (Real Estate Broker Association – Eastern Seaboard) plus many media partners (local publishers; newspapers; radio and television).

The units are fitted out with the highest quality materials and fittings.
The Residence Jomtien Condo consists of 68 units within the seven-story building, which is being constructed and fitted out with the highest quality materials. Features include concealed ceiling air conditioners and European-style kitchens, and residents will have use of their own 500 square meter swimming pool.
Security is high, with 24-hour security guard service and CCTV. There are five water tanks to protect against shortages, and 30 parking spaces in front of the building
Unit prices start at 2.88 million baht for a 51.3 square meter studio.
Van Gucht said that marketing is being aimed at foreign customers who need a residence in town, and that 40 of the units have already been sold.
For further details on this project call Town & Country Property on Tel. 038 374 136

The Residence Jomtien Beach project staff members
wait to assist potential buyers.

The guests enjoy the poolside party at the official launch.

The Lofts Southshore delivers record prices for Pattaya condominiums

Launch sales of Raimon Land’s luxury condominium project in Pattaya, The Lofts Southshore, have soared to record levels achieving THB 120,454 per square metre (psm) as both local and international buyers clamour to secure units in the new prized development.
This average price psm is the highest ever achieved during a condominium project launch in the city. In contrast, Raimon Land also held the previous record of THB116,500 when it launched its prestigious Northpoint project in North Pattaya during December 2006.
A total of 61 units were snapped up for a total value of THB731.81 million at the successful grand opening of The Lofts Southshore on Thursday, July 17 in the project’s show and sales suites at The Avenue shopping centre Pattaya. Starting prices for condominiums in the development are THB 2.9 million
The launch was presided over by Pattaya Mayor Ittipol Khunplume, Raimon Land Chief Executive Officer Nigel Cornick and other senior Raimon Land executives.
By Friday, July 25 the sales tally topped THB 772 million for the sale of 67 units, or 40% of the first phase release. Raimon Land has only released units on floors 6-26 in Phase 1 of the 37-floor Tower A.
Raimon Land Chief Executive Officer, Nigel Cornick, said early buyers at The Lofts Southshore would also ensure they would obtain prices that would be immune to rising construction costs across the entire industry in Thailand.
“As a top-class, luxury product we always knew The Lofts Southshore was going to be highly sought after, but we have really been taken aback by the incredible demand for this project,” Mr Cornick said.
“It is not only testament to the international standards of design and construction that we are able to offer, but to the economic strength of the eastern seaboard and Pattaya’s emergence as a high-end lifestyle destination where investors are confident that they can secure significant capital gains and achieve strong rental returns.”
The Lofts Southshore brings Bangkok’s well-established “The Lofts” lifestyle concept of providing a high-quality, modern urban design and functionality at an affordable price to the Kingdom’s most popular beach resort.
The development combines traditional notions of resort living with a modern urban lifestyle, and characterises the upmarket trend in Pattaya, where new hotel projects will result in a 50% increase in five-star room inventory over the next two to three years.
The Lofts Southshore sits in the centre of Pattaya’s rise as a top Asian lifestyle destination. Perched on a hillside in the Kao Pratamnak area overlooking Pattaya Bay, the project offers stunning 360-degree views of the sea, Pattaya City and the surrounding area, and is just minutes from downtown and the beach.
The residences range from 34-square-metre (sqm) studios to one-, two- and three-bedroom units between 58-169 sqm. Duplexes are also available as are spacious 259-295-sqm penthouses with private gardens. The project will be completed in 2012.

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