By Andrew Batt:
Pace Development Corporation has revealed plans to launch two residential projects worth a combined THB6 billion next year as part of its plans to list on the Stock Exchange of Thailand.
The developer is most famous for its MahaNakhon project (pictured) which, when completed, will be Thailand’s tallest tower. The 77-storey building will feature 194 luxury Ritz-Carlton branded condominiumns. More than 40 percent of available units have been sold to date.
CEO Sorapoj Techakraisri told The Bangkok Post that his company is keen on locations in Bangkok and major tourist destinations, like Hua Hin and Khao Yai, for its new high-end projects.
Andrew Batt, International Group Editor of PropertyGuru, wrote this story. To contact him about this or other stories email andrew@allproperty.com.sg
Get daily property news in Thai and English straight to your Inbox from Thailand’s number one property website. Subscribe today for free.