Siam at Siam buys into Mövenpick White Sand Beach project

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Apex Development PCL, owner and developer of the currently under construction 30-Rai beachfront Mövenpick White Sand Beach Pattaya, recently announced that it had sold the north tower of the development to Siam at Chonburi Co., Ltd., a subsidiary of the Siam at Siam Hotel Group, for an undisclosed amount.

Pongphan Sampawakoop, Chairman of Apex confirmed that despite the sale, the overall development and services of Mövenpick White Sand Beach project will remain the same, with the Mövenpick Hotel, Residences and Pool Villas all still on schedule.

Pongphan Sampawakoop, Chairman of Apex Development PCL.Pongphan Sampawakoop, Chairman of Apex Development PCL.

Mr. Sampawakoop advised that the project construction and decoration are nearing completion and the transfers of all sea-view Mövenpick Residences and Pool Villas to existing buyers are scheduled to take place in the 4th quarter of this year.  The opening of Mövenpick Hotel meanwhile is scheduled to be within the 2nd quarter of 2015.

The Mövenpick White Sand Beach Pattaya development, currently under construction in Na Jomtien.The Mövenpick White Sand Beach Pattaya development, currently under construction in Na Jomtien.