Porchland Properties laid the cornerstone on its fifth condominium project in Jomtien Beach, marking the start of long-delayed construction for the La Santir.
At its March 22 foundation ceremony, Phokhapol Phakdeesanehea, managing director of Vorakit Construction and La Santir partner Chalermpol Khonjaem presided over the laying of the cornerstone, with Porchland CEO Chisanucha Phakdeesaneha watching on.
The company invited monks from Thung Hiang Temple in Phanasnikhom to pray for the project’s good fortune. Abbot Sopon Pattanaphirom conducted the “duang rith” ceremony, in which company executives hammered a stick into a sand-filled podium, representing the drilling of the building’s pylons. The monks presented silver and gold bricks to arrange and cover with cement.
(L-R) Provost Sopon Pattanaphirom, the Abbot of Wat Thung Hiang and the advisor of Monnang monks committee, blesses the headstone as it is put in place by Chisanucha Phakdeesaneha, CEO of Porch Land, Chalerm Khonjaem, partner of La Santir project, and Phokphol Phakdeesaneha, MD Vorakit Construction and owner of the project, for the La Santir development located on Chaiyapruek Road.
Announced in December 2011, construction of the project was supposed to have started 10 months ago, with building completed by this year. Chisanucha said construction now won’t conclude until sometime next year.
Developed by Porchland and MG Plus Co., the 900 million baht development is spread over four rai and 29 floors on Soi 3, Chaiyapruek Road. The 523 units are split across five sizes and five designs from 26-49 sq. meters. Prices start at 700,000 baht.
La Santir’s projected look upon completion in 2014.
Early buyers predominantly were middle- and higher-income Thais, including previous buyers of the company’s other projects. About 35 percent of the units sold before the project’s unveiling and Chisancha said that figure has now grown to 80 percent.
Sales reps claim the condominium will fulfill tenants’ desires for all types of recreation, from a galleria with on-site shops to swimming pools for children and adults, a kids playground, tennis courts and a parking lot capable of holding 200 cars.
Porchland sees the Eastern Seaboard as a high-growth area and the company recently announced its seventh project in the area, the Del Mare Bang Saray Beachfront Condominium, to be built as a joint project with the Apus Development Group.