Capital Land plans BKK Condotel  

In early November, Mr. Chen Lian Pang, CEO of T.C.C. Capital Land, presided over the soft launch of a new luxury condominium development set on the exclusive Rajpruek Golf Course on Vibhavadi, Rangsit Road.

North Park Place is billed as Thailand's first full service Condotel and aims to provide residents with a wide range of benefits and amenities.

At the soft launch of the project, the company offered discounts of up to 6% and invited the first 45 customers who booked a unit to join an exclusive "golf challenge", which included the chance to win the new BMW X5 series from Millennium Auto, as well as other prizes.

The North Park Place project is located on a 3-rai site worth a combined 1.7 billion Baht. The resort-style condominium will comprise 128 units with 1-bedroom, 2-bedroom and 2-bedroom duplex layouts, while the penthouses will be sized at least 346 square metres. Prices will start at 9.9 million Baht and construction will start in December 2007, scheduled for completion in the second quarter of 2010.

Specifically designed as a resort-style condominium, North Park Place is being built to harmonize with its surroundings. All the units face the golf course and each has at least one large balcony for residents to enjoy the lush green surroundings.

Deputy CEO Mr. Soammaphat Traisorat said that to enhance quality of life, the North Park Place project offers a range of added facilities, including a swimming pool, fitness room, and sauna. It is also conveniently located, allowing residents to comfortably commute via 4 main roads: Vibhavadi - Rangsit Road, Ngamwongwan Road, Prachachuen Road, and Chaeng Wattana Road. This guarantees easy access to amenities as shopping centers, sports club, and leading universities.

To date, T.C.C. Capital Land has launched five condominium projects in Bangkok - Villa Rachatkhru on Paholyothin Road, Athenee Residence on Wireless Road, Empire Place on Narathiwas Road, Emporio Place on Sukhumvit Soi 24 and Villa Rachatewi on Phayathai Road.

The company also has real estate projects in Singapore and more than 90 major cities around the world. The company's core businesses is in real estate, hospitality and property-related financial services, focused in gateway cities in the Asia Pacific, Europe and various countries in the Middle East.


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