The Grande Caribbean Condo Resort development has achieved 80 percent sales to date, and is expecting to sell its remaining units before the end of the year.
Apichart Gulati (pictured), Project Manager of developer Blue Sky Group, said: “The overall real estate business in Pattaya continues to keep growing because of the area’s vast potential. This is especially the case when it comes to the high rise condominiums market.”
He added that 75 percent of buyers intend to use their unit as a residence, whilst the other 25 percent purchased for investment purposes.
According to the company, the success of sales can be attributed to a vigorous marketing strategy that encompasses monthly activities with sales agents and customers. The Grande Caribbean initiated a campaign called ‘Double Your Luck’ to further drive sales. Customers who purchase a unit are entered into a lucky draw for the chance to win one of two prizes worth 20 baht weight in gold. This activity has proved immensely popular, it said.
The THB2 billion development is located on a 18,400 sqm site on Tappraya Road between South Pattaya and Jomtien beaches. The project comprises of 4 eight-storey buildings and a 30-storey condominium development with 1,064 residential units in total. The 34.5 sqm one-bedroom units can be combined into spacious two-bedroom homes with an area of 69 sqm. Prices start from THB1.89 million and completion is expected in 2015.
Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg
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