By Andrew Batt:
Pace Development is targeting THB 300 million in sales for its super luxury Mahanakorn development at an Open House event, being held in association with SCB Bank and CBRE Thailand on 14-15 July.
Sorapoj Techakraisri, Chief Executive Officer of PACE Development, said: “This two-day Open House campaign iis an excellent opportunity for those who are looking to buy super luxury homes. Customers will have a chance to look at many show residences at our Ritz-Carlton Residences, Bangkok Sales Gallery while advice from experts, in both finance and real estate sectors, will be readily available throughout the event.
Aliwassa Pathnadabutr, Managing Director of CBRE Thailand, said: “MahaNakhon offers everything that Thai and foreign super premium customers are looking for. The standards of a world-class brand like The Ritz-Carlton Residences as well as its prime location and the ‘zero defect’ quality make it very attractive. CBRE believes that when the project is completed, it will be a South East Asian landmark.”
Construction of the underground section of the THB 19 billion 77-storey MahaNakhon mixed-use development’s main tower is currently underway and is scheduled for completion by the end of 2012. The overall construction of the main tower, which includes residential and hotel components, is scheduled to be finished by 2015.
Construction of CUBE, the seven-storey Lifestyle Retail Centre in front of MahaNakhon, has reached the fourth level underground and is expected to be fully completed by the end of this year, and be ready for opening in mid-2013.
The Open house event will take place at the Mahanakorn Pavilion, adjacent to BTS Chong Nonsee station.
For the latest property news from Thailand and around Southeast Asia in English, visit our Property News section. If you’re looking for Thailand property to buy, sell or rent you may like to visit www.ddproperty.com.