“V Property” is about to launch 2 condominiums built along BTS sky train. The project has also expected 5,000 Million Baht income in 2020. LPN has as well speeded up to open 3 new projects.
Mr. Pornchai Lertanunchoke, Chief Executive Officer V Development Co., Ltd., revealed that the overall picture of luxury condominiums market along BTS sky train especially, in SuKhunvit area, is still going well among both customers purchasing for residency purpose and for rent.
Therefore, 2 new condominium projects is being planned in quality location; in Phra Khanong area close to Phra Khanong BTS, with the value of the project at about 3,000 Million Baht. It is expected to be launched within second half of the year.
However, within this year, the company’s business operation plan is to focus on strategy to develop luxury projects; the main development is around BTS Sukhumvit line. The expected income is to reach 5,000 Million Baht within 2020.
VTARA 36 project has recently launched; Low Rise condominium with 8 floors, 5 buildings, 466 units at Sukhumvit 36 area. Selling circulation has now been up to 99%.
Mr. Opas Sripayak, managing director, MD at L.P.N. DEVELOPMENT PUBLIC COMPANY LIMITED, stated that in the second half of year 2017, the company’s plan is to open 3 new condominium projects that are Phahol Yothin 32 area, Sathu Pradit area and Praram 3 with total value of 8,500 Million Baht.
At present, the Selected Kaset-Ngam wongwan By LPN project has just been completely sold out at the value of 1,000 Million Baht. It is the 20 floors residency condominium on the area about 2 Rai with 307 units sized between 24-40.5 Square metre.
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