A corner unit of two bed room condo for rent:

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Fully furnished two bedroom condo with all electronic appliances available for rent. Out of approx 5000 units at metro park, there are only few are two bedroom units. Mostly are studio and one bedroom. Therefor it is hard to have two bedroom unit available. Please rush to grab two bedroom condo as soon as you can. This goes very fast.

Out two bedroom condo is coming with flat screen tv. double door refrigerator, microwave, washing machine, water heater in toilet, nice sofa with center table. We also provide a working/study table with chair.

for viewing please call us at 086-324-2456 

or write us at rent@metroparksathorn.com

Original Article

Siam Piwat Co, the 50-year-old operator of Siam Center, is joining with Charoen Pokphand Group and Magnolia Quality Development Corporation (MQDC) to develop a megaproject worth 35 billion baht on the Chao Phraya River opposite Mandarin Oriental Bangkok Hotel.

Tipaporn Chearavanont (left), CEO of Magnolia Quality Development Corp, shakes hands with Chadatip Chutrakul, CEO of Siam Piwat, for the start of three joint ventures they plan on the Thonburi side of the Chao Phraya, calling it ‘the largest local private commercial development’.

The investment will be spread over three joint ventures, comprising Grand River Place Corp, Grand River Park Corp and Grand River Front Corp.

Siam Piwat Holdings, wholly-owned by Siam Piwat, holds a 50% stake in the three ventures and MQDC and CP Group share 25% each.

MQDC is owned by Tipaporn Chearavanont, the youngest daughter of Dhanin Chearavanont, who is CP Group chairman.

Chadatip Chutrakul, CEO of Siam Piwat, said details of the mix-used project are not finalised but the plan is for a retail plaza and residential condos.

The project’s construction on a 40-rai plot on Charoen Nakorn Road between the Millennium Hilton and The Peninsula Hotel is expected to start early next year and finish in 2015.

Siam Piwat will conduct a market survey with 5,000 people _ both Thais and foreigners who work and stay in a 20-kilometre radius from Charoen Nakorn _ about their expectations for the project. Survey results will be used to create the project concept and design.

The final design will be completed near year-end, after which booking for retail space will be opened.

Funding will come from loans and the joint ventures’ cash flow.

“It’s the largest commercial development ever undertaken by the private sector. When it’s completed, the project will be a new landmark for Bangkok,” said Mrs Chadatip.

“We want to create a physical and emotional landmark, something that can really enhance Bangkok’s status in the region and the world. An iconic landmark on the river can move the city forward like Paris, London and Shanghai,” said Ms Tipaporn, CEO of MQDC.

The project aims to increase tourism and business, and should create 350,000 jobs over the next four years, she said

• Published In Bangkok Post: 28/03/2012 at 02:52 AM
• Newspaper section: Business

Original Article

No. of bedrooms: 2 (including one master bedroom)

No. of bathrooms: 2 (including one bathroom connected to master bedroom)

- Has big kitchen

- Has patio connecting master bedroom to other bedroom

- Furnished

Location: between Lumpini and Klong Toey subway stations near Prama 4 road

- very convenient to get around BKK

- less than 5 minutes to US embassy (about two miles) or Patpong by taxi

- only two subway stations to either Sukumvit (BTS) road or Patpong (BTS Saladang) from Klongtoey stations

- close to BTS Sala Daeng and to MRT Silom, MRT Lumpini, and MRT Klongtoei

- close to Bangkok University Kluaynam Tai campus

- close to Terminal 21

- close to Emporium

- within 10 minutes of Lumpini Park and Suan Lumpini Night Bazaar

Condo has 4 full-time security staffs 24 hrs

Big swimming pool

Small gym

This condo is very peaceful and quiet

Has excellent open view from the patio w/o any tall building nearby

Can see the Chao Phraya River from the patio

Lots of foreigners in the same condo or nearby condos

Provides 2 car parking spaces

This condo was originally designed for a personal usage but the owner has to go back to US.

Term: 6 months lease minimum prefer.

Rent: 25,000 THB a month

*MUST PAY 25,000 THB deposit in advance

Rent price not including electricity, telephone, and cable TV

Rent price is negotiable

No smoking

No pets allowed

Good references only please

Address: The Royal Nawin Tower, 56/56 Soi Nawin, Cheuploung Road, Yanawa, Bangkok 10120

Original Article

ห้องชุดสภาพใหม่ โครงการ Metro Park Sathorn -Kulaprapruk Phase 1 F เฟสลากูน 2 ชั้น 2 ขนาด 57 ตรม. มีแอร์ ทีวี ตู้เย็น ไมโครเวฟ ที่นอน พร้อมเข้าอยู่ ในราคาเช่า เพียง14,000 บาท ต่อเดือน รวมค่าส่วนกลาง Garden View ติดสระว่ายน้ำ สิทธิ์จอดรถ 2 คัน พร้อมคีย์การ์ด ลานจอดรถกว้าง เดินทางเข้าออกสะดวก ใกล้ร้าน 7-eleven ตู้ ATM และรถ shuttle bus รับส่ง BTS สถานีตากสิน เดินทางโดยรถยนต์เพียง 15 นาที ถึง รร.แชงกรีล่า ห้างโรบินสันบางรัก รพ.เลิดสิน รพ.เซ้นต์หลุยส์ ศุนย์ Honda สาธร ใกล้ร้านซ้ง กัลปพฤกษ์ ในโครงการมีร้านกาแฟ True พร้อมศูนย์ Fitness

แนะนำข้อมูล สำหรับการเดินทาง :
จากสถานี BTS สุรศักดิ์ ถนนสาธร ข้ามสะพานตากสิน ข้ามสะพานแยกรัชดาภิเษก ข้ามสะพานถนนกัลปพฤกษ์ ประมาณ 10 นาที เห็นร้าน ซ้ง กัลปพฤกษ์ ซ้ายมือ กลับรถ ใต้สะพานแยกกำนันแม้น ประมาณ 800 เมตร คอนโด เมโทร พาร์ค อยู่ซ้ายมือ ถัดจาก ปั๊ม ปตท สนใจติดต่อ 086-324-2456

Original Article

โครงการ2/2ตึกโอ ขนาด1ห้องนอน 43ตรม.เจ้าของไม่ได้อยู่ ห้องใหม่มาก

เช่าเดือนละ8500บาท ขาย2.2ล้านบาท

สนใจติดต่อคุณกิ้ง 086-324-2456

Original Article

20% growth targeted after restructuring

The listed developer NC Housing Plc (NCH) targets an annual growth in a range of 20% to 25% and plans to enter the condominium market this year after restructuring its finances by decreasing short-term loans.

Managing director Somchao Tanterdtham said the company recorded higher sales last year which increased its financial liquidity. Debt-to-equity ratio continued dropping to 0.58 time as at the end of 2011 from one time two years ago.

“Our financial status is strong enough to develop condominium project,” he said. “It will be a learning curve for us in the high-rise segment. When the condominium market booms, we will be ready for it.”

Its condominium projects will be valued at 200-500 million baht each, with unit prices of 1-2 million baht.

This year, the condominium investment will be only 10-20% of the total.

In face of rising wages, the company will apply prefabrication construction technology on a larger scale. It will apply the technology to duplex houses at two new projects worth a combined 800 million baht this year, or 10% of all units. Last year, the technology was applied to 10 units.

The move will help speed up construction and revenue booking.

Also in 2012, NCH plans to launch six new projects worth 3.47 billion baht in total. They will comprise four low-rise housing projects and two condominium projects. Around 100-200 million baht will be used to buy new plots of land. Last year, it spent 200 million baht in buying two plots for launches this year.

During the first two months of 2011, NCH had 300 million baht in sales, indicating a recovery since the great floods late last year. “Though many homebuyers still lack confidence and the property market is expected to get sluggish this year, we believe to achieve our annual sales target based on the two-month performance,” he said.

NCH targets 2.7 billion baht in sales this year, up from 2.54 billion baht in 2011. Revenue was projected at 1.7 billion baht from 1.48 billion baht last year, up from 1.19 billion baht in 2010. It had sales backlog of 2.7 billion baht with around 500 million baht realised this year.

The 18-year-old developer yesterday launched a new logo in a 10-million-baht rebranding. The logo’s colours were changed from green and orange to green, grey and black.

“The new logo represents the new segment we plan to tap this year with a monolith column, representing condominiums.”

NCH shares closed yesterday on the Stock Exchange of Thailand at 1.26 baht, up two satang, in total trade of 3.80 million baht.

• Published in Bangkok Post: 29/02/2012 at 02:43 AM
• Newspaper section: Business

Original Article

Despite widespread concern of an oversupply in the condominium market, a property bubble remains impossible, says Suphin Mechuchep, managing director of the property consultant Jones Lang LaSalle Thailand.

“The Thai property market is active, particularly condominiums in inner Bangkok, despite domestic political problems and sluggish Western economies,” she said at the Post Today Investment Expo 2012, which runs until tomorrow at CentralPlaza LardPrao.

“Thai property prices are one-tenth those in Hong Kong and Singapore, while the Thai economy remains strong and people have cash on hand. Property purchases are a way to compete with inflation, especially if its an investment for rent.”

Some 25,000 condominium units were launched last year, which discounts the likelihood of a bubble, said Ms Suphin.

As Japan’s economy suffered last year, some 20,000 to 30,000 Japanese staff were sent back to their home country.

Although the condo rental market slowed, condos in inner Bangkok with good facilities fared well, she said.

Hot locations for property investment included Sukhumvit Road from Sois 1-63, which generated the highest rent. Other favourable locales were Narathiwat, Charoen Kung and Chan roads due to fewer competitors.

The new BTS extension into Bang Na district attracted many developments, although return on investment for a condo unit there was lower than on Sukhumvit Road between Sois Nana and Ekamai, which boasts 3-3.5% return a year.

Condos on Phahon Yothin, Ratchadaphisek and Lat Phrao roads are 60,000 to 95,000 baht a square metre.

The opening of CentralPlaza Grand Rama 9 and development of a new SET building on Rama IX Road makes that area ripe for more condominium growth.

Ms Suphin said last year’s flooding was comparable to the 2004 tsunami that caused a property price decline for a period, but now prices in Phuket have more than doubled their pre-tsunami level.

She acknowledged the government should have a clear flood prevention plan with a quick response to support the market for low-rise properties.

• Published in Bangkok Post: 18/02/2012 at 04:13 AM
• Newspaper section: Business

Original Article

With the new Bangkok city plan not yet finalised, land deals for condominium development should be postponed.

Supalai Plc managing director Atip Bijanonda said it was not worth buying plots for new projects, as planning requirements may end up being stricter in some areas.

“Developers should be very cautious. High-rise construction earlier allowed in some locations may be restricted,” he said.

The Bangkok governor and the Interior Ministry want to change regulations related to road width and construction area in the new city plan, said Mr Atip.

Supalai will this year spend 4 billion baht to buy new land plots.

It will increase the number of new projects launched this year to 19 worth more than 20 billion baht from 16 planned earlier.

Most of the additional projects will be located in areas that are considered safe and unlikely to face major flooding in the future. Possible locations include Khon Kaen, Chiang Mai, Surat Thani, Hat Yai and Chon Buri.

Most of the new projects being launched in Greater Bangkok will be in the eastern part of the city, which was free from flooding last year.

“However, we’re still convinced that there will be no new flood crisis this year,” Mr Atip said yesterday.

The company achieved sales of more than 1 billion baht in the first half of this month. Last month saw 2 billion baht in sales.

The company expects 6 billion baht worth of sales in the first quarter and 18 billion baht for the full year, up from 15 billion baht in 2011.

Last year, the company booked 17 billion baht worth of business, but only 15 billion baht was eventually signed.

The company plans to open the Supalai Wellington condominium project for booking from March 5-11 at CentralPlaza Grand Rama 9.

It will be located on 17 rai behind the Thailand Cultural Centre.

The project will comprise nine 19-storey buildings with a combined 1,002 units in the first phase.

Unit sizes will start at 47 square metres, with prices beginning at 3 million baht.

The company plans to develop seven rai in front of the first phase as a commercial area.

The area, 33 rai in total, was once owned by Khunying Potjaman na Pombejra.

Supalai won the land for 1.815 billion baht at an auction held by the Financial Institutions Development Fund last year. The price was

SPALI shares closed yesterday on the Stock Exchange of Thailand at 13.60 baht, down 20 satang, in trade worth 37.4 million baht.

• Published in Bangkok Post: 23/02/2012 at 08:05 AM
• Newspaper section: BusinessShare

Original Article

http://centrepoint.com/hotel/products.aspx?branch_id=4 Comfortable room with specious living space, comprising retreat, kitchen and dining area, one bathroom (Automatic Toilet Seat)… Only @2,290.00 THB

Average room rate 2,870.00 THB

Facilities

By: Centre Point

Original Article

http://www.centrepoint.com/hotel/products.aspx?branch_id=8 46% Off at Hotel Grande Centre Point Ratchadmari – Finest Grand Suite (Triple) 69 Sq.m.

A splendid living space including retreat, dining and working area
1 master bedroom (king-size bed)
1 bathroom (separated shower and bathtub)

By: Centre Point

Original Article