Tri Property launches new lifestyle condominium projects in Phuket, Hadyai and Suratthani.A Tantiwiwat family member appointed as CFO to help oversee the projectswith collective value of 2,000 Million Baht.
Tri Property, the second generation of Wanchai Construction Group, formerly among the top five of Thailand’s construction industry, introduces a series of new lifestyle condominium projects. The firm has appointed a member of Tantiwiwat family, a major land and mine concession owner down south, to help develop residential projects of a new concept to correspond with the requirements of customers in high demand areas of Bangkok and the provinces. Projects to be introduced over the next one to two years will have a collective value of over 2,000 Million Baht. ZCAPE Condominium is most recently launched in the high-end Laguna area of Phuket. The modern minimalistic condominium features 198 fully furnished units from only 1.19 Million Baht. More than 70% in only 4 days since the launch.
Adisorn Vivakanond, Executive Chairman, Tri Property Co., Ltd., reveals “We are launching multiple condominium projects over the next one to two years to correspond with the living lifestyle of the new generation of people. These projects will be located in Bangkok and other provinces including Phuket, Hadyai District of Songkla, Suratthani, Khonkaen and Chiangmai. The collective value of these condominiums should exceed 2,000 Million Baht. Our latest introduction is a modern minimalistic condominium called ZCAPE Condominium. The 7-storey property in Laguna area of Talang District, Phuket, will have 198 fully furnished units priced from 1.19 Million Baht. We have had the launch event at Central Phuket on July 21st to the warm welcome of buyers. At this moment, we have received reservation for 140 units or about 70% of all available.”
“We have been hugely successful with the development of lifestyle condominiums for the newer generation. A couple of years ago, we had Proud of Chaengwattana and Proud X2 Condominium, both on Chaengwattana Road. They were sold out in only five or six months time. Customers have already moved in at Proud of Chaengwattana and units will soon be handed over to the buyers. Our surveys have found customers to favor condominium living in good location with units that offer the right functions at the right price. That explains our high rate of success. The concept is also further developed into new condominium projects in other areas where there is the tendency for growth and demand, particularly such economic and tourist destinations as Phuket –our initial choice for investment,” shares Adisorn.
Chaiwat Tuntiwiwat, Chief Financial Officer, Tri Property Co., Ltd., elaborates, “Tri Property is planning five or six condominium projects to suit the lifestyle of the new generation of people over the next one to two years. We will have one or two in Bangkok and four to five more expected in regional economic and tourist centers of Thailand such as Phuket, Hadyai District of Songkla, Suratthani, Khonkaen and Chiangmai. We are very well prepared in terms of funding and land to accommodate the growth in the next one to two years.”
“Tri Property is positioned with an advantage because we have our own structural design, construction and interior decoration businesses. We also have a very strong financial base with enough cash to invest in the Billion Baht range. Investment in the different projects will be decided on the basis of suitability for each locale, however. Personally speaking, my family is in the mining business. We own several plots of land in Phuket, Hadyai in Songkla and Suratthani. We want to bring our success of project development in Bangkok to our hometowns as well. Phuket has had only expensive projects in the past twenty years to cater to only some groups of buyers. The local people are largely neglected. That is why we want to bring big ideas into small space. ZCAPE Condominium is the first of implementation of such concept.”
ZCAPE Condominium Phuket is located on a 1-1-5.8 rai of land on Cherngtalay-Baan Don Road in Cherngtalay Subdistrict, Talang District, Phuket. This is a highly preferred location as it is in the Laguna area where some of Phuket’s finest and most reputable vacation destinations are located. Located next to the latest community mall called Boat Avenue, ZCAPE Condominium is a 7-storey structure with one parking floor and 198 residential units. The 495 Million Baht is fashioned after a modern minimalistic design where small space is put to most practical use and where spaciousness is maximized. The building itself is unconventionally designed in the form of the letter “Z” so as to afford virtually all unit a view of the swimming pool and the park.
“Our teams are in the process of designing the exterior shape and the interior space allocation inside to ensure every square inch at ZCAPE serves daily function. The living room is separated from the bedroom with a sliding door. With the door open, the unit is effectively converted into a spacious studio. Interior decoration is designed for maximum practicality in conjunction with top furniture brands. The sofa bed can be converted into a bed for visiting guest. The kitchen table can be expanded to double in size for work purposes. Furniture items necessary for the daily routine of residents are provided as standard equipment. All these make ZCAPE a condominium which is distinctive not only for the unique design but also the attention paid to how residents would live their life,” adds Adisorn.
Units at ZCAPE Condominium range from 20.47 square meters studio to 26.16-28.82 square meters one-bedroom type. Facilities include swimming pool with jacuzzi, children’s swimming pool, gym with panoramic view of the communal park and playground. The two elevators have access control and will transport passengers to the designated floor of their keycard only, with round-the-clock security is provided by security staff and closed-circuit television system. Units are priced from only 1.19 Million Baht. For more information, please visit www.z-phuket.com or call 084-444-0707-9.