Phuket-based developer The Onella Co has become the latest company to launch a condominium project close to Central Festival.
Earlier this month the company opened its Privé 49 showroom, next to Makro, to property figures and the media with a cocktail party with live music. The showroom includes a show apartment.
Privé 49 is described as “a low-density development that promises privacy and affordable exclusive appeal.
The seven-floor building will have 49 fully furnished single-bedroom apartments of about 33 sqm, ranging in price from THB2.28 million to THB2.3 million. Apart from the bedroom, each will have a living room/dining area and an en-suite bathroom.
Communal facilities will include a swimming pool, a fitness centre, secure underground parking, a Café 49, a garden, shuttle service to nearby destinations, facilities for maid service and hi-tech security.
“Privacy and convenience are the main focus of Privé 49,” said project president Sam Sethi, a Phuket native and board member of the Phuket Real Estate Association. “Privé 49 is very much aimed at long-term investment in central Phuket.
“As the surrounding area transforms into a a bustling Asian hub, we expect the tranquillity of the single-bedroom living spaces will be very attractive to investors and long-term rental tenants alike.”
Construction is scheduled to begin soon, with completion by the end of 2015. Prices start at THB2.28 million for the fully-furnished spaces, including a compact fitted kitchen, measuring about 33sqm and are available freehold to foreign buyers.
Privé 49 residents are expected to be a healthy mix of locals and foreigners, a number of them using Phuket as a base from which to work, relax and travel.
This story was written by The Phuket News and is reproduced as part of an editorial partnership between PropertyGuru Group and The Phuket News.
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