Nirvana Daii partners Banyan Tree Group to launch Banyan Tree Residences Riverside Bangkok, a Super-Luxury Riverside Condominium worth over 6 Billion Baht

Real Estate Press Releases Monday June 12, 2017 17:09
Bangkok--12 Jun--Agate Communications

Nirvana Daii Public Company Limited has signed an agreement today with Banyan Tree Group, one of the world's leading international operators in the hospitality industry, to brand the Banyan Tree Residences Riverside Bangkok, a super-luxury riverside condominium worth over 6 billion baht. Property owners of Banyan Tree Residences Riverside Bangkok can obtain an exclusive membership into Banyan Tree's Sanctuary Club which will entitle them to special discounts and privileges throughout Banyan Tree's network of hotels and resorts, spas, galleries and golf courses. The luxury residences will open for sale in September 2017.

Mr. Sornsak Somwattana, Chief Executive Officer of Nirvana Daii PCL, stated that "this project is the company's first condominium project. It is a super-luxury project with a sales value of over 6 billion baht, and has an average selling price of approximately 300,000 baht per square metre. It is located on one of Chao Phraya River's most spectacular bends where old city and new city views can be enjoyed. Along with its prime location, we also placed importance to the design architecture to ensure residents' expectation for privacy. Acknowledging the lifestyle of our super-premium residents, we aim to offer a variety of excellent and unique services for them to enjoy. We are excited to collaborate with Banyan Tree Group as the Banyan Tree brand is known around the world as a leader in the international hospitality industry, and are experts in providing five-star hospitality service."

Mr. Ho Kwon Ping, Executive Chairman of Banyan Tree Holdings, says, "Under this partnership, Banyan Tree will offer our signature Banyan Tree hospitality and authentic culturally-aware experiences to residents of Banyan Tree Residences Riverside Bangkok which will include the creation of premium facilities and services. Selective owners will enjoy exclusive membership into Banyan Tree's Sanctuary Club and receive special recognition and benefits at our portfolio of brands, including Banyan Tree, Angsana, Cassia, Dhawa and Laguna located throughout the world."

Nirvana Daii PCL, a property developer, has expanded their range of business after the merger and acquisition of Daii Group PCL. Along with being in the property development business, Nirvana Daii has expanded to homebuilding and prefabricated housing and also manufacturing housing-related construction materials. Banyan Tree Residences Riverside Bangkok is currently in the design stage, with plans for a sales launch in September this year. Construction began in December 2016 by Bouygues-Thai Ltd. The partnership with Banyan Tree Group is one of the most significant developments, as it will elevate the standards in living and fulfil property owners' expectations of a luxurious riverside experience in the heart of Bangkok.

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