THE ESSE at SINGHA COMPLEX 70% reserved after 3 weeks following its launch

Real Estate Press Releases Friday March 31, 2017 10:53
Bangkok--31 Mar--AGATE Communications
Success result of attention to strong demand of luxurious residential units in good locations and rising trend of mix-used complexes

Singha Estate Plc's second luxury condominium project, "The ESSE at SINGHA COMPLEX", is now 70 percent reserved only three weeks after its pre-sale launch on March 4 and 5, exceeding the company's expectation, according to the company's Chief of Residential Development Office, Nattavuth Mathayomchan.

"I strongly believe in the high potentials of the project's location, which is right at the bustling spot where the Asoke and Petchaburi roads meet. It's the center of business and lifestyle where a great transportation connectivity exists. This area's potentials can also grow in the near future. The response to our project exceeds our target. I think we received a 70 percent bookings worth 3 billion baht within 3 weeks after the sale opened because people believe in potentials of Singha's flagship mix-used project, "THE SINGHA COMPLEX". Moreover, THE ESSE at SINGHA COMPLEX meets the demand of those desiring to live a luxury lifestyle as well as people who want to invest in a high-quality property project," Nattavuth said.

Foreigners make up 35 percent of the current unit bookings of THE ESSE at SINGHA COMPLEX while the rest are Thai buyers. The location is a key factor that attracts foreigners as Asoke is a popular area among foreigners and the mix-used concept strike the chord with their demands.

"In addition, all four units of our 62-million-baht Penthouse are taken, signaling that luxury condominiums are still in high demand. We expect to sell 85 percent of the total units this year and we are confident that we will achieve the target," he added.

The project has completed an Environment Impact Assessment (EIA) and its construction will commence according to the plan, or by the first quarter of this year.

Latest Press Release

Photo Release: MIDA Assets Pcl. Announces Collaboration with Wellity Pte. Ltd. to form MW WELLNESS MANAGEMENT COMPANY LIMITED

MIDA Assets Public Company Limited, a fast growing real estate developer in the hotel and resort industry, led by Wisood Ieosivikul collaborates with Singapore-based Company Wellity Pte. Ltd. - an innovative corporation incorporating medical wellness...

LPN-JLL UNVEILS BUSINESS EXPANSION STRATEGY AND NEW VIBHAVADI-CHATUCHAK OFFICE PROJECT

LPN-JLL have unveiled a business expansion strategy which will see JLL tasked with spearheading the office leasing segment and as a real estate agent for Lumpini Tower Vibhavadi Chatuchak (Building A) project to serve growing demands for office space,...

Sansiris 98 Wireless Luxury Condominium awarded with Residential Property Award for Thailand in annual Asia Pacific Property Awards 2018

Sansiri Public Company Limited, Thailand's leading full-service real estate developer, has just been honoured at the Asia Pacific Property Awards 2018-2019, for their project 98 WIRELESS in the Residential Property category for Thailand. 98 WIRELESS is...

New Launch Tinidee Hotel@Bangkok Golf Club

The re-birth of something new is always memorable, as is the transforming of Bangkok Golf Spa Resort into the "Tinidee Hotel@Bangkok Golf Club", a fresh and exciting resort under the Tinidee Brand. The brand's unique positioning features 3 "W"s -...

Central Pattana announces its 5-year vision to #Co-Create Center of Life pioneering future trends of retail property in digital era and investing on business expansions around 100 billion baht within next five years

- Join forces with partners to highlight 'Co-Create Center of Life' vision through 3 major strategies: Co-Creating Destination Concepts, Co-Creating Digital Platforms, and Co-Creating Partnerships - Invest around 100 billion baht within five years both...

Related Topics