C.P.Land’s The Season Srinakarin Condo offers promotion

ข่าวอสังหา Thursday November 11, 2010 17:57 —PRESS RELEASE LOCAL

Bangkok--11 Nov--WeeM Communication C.P.Land’s The Season Srinakarin Condo offers promotion hot deal Selected 8 units at THB0.96 Million after securing 60% of ownership transfer C.P. Land PCL is ready to gear up its present in the residential market after it has successfully tested the water with ‘The Season Srinakarin’ condominium that already saw 60% of ownership transfer. It plans to whet market appetite further by offering special promotion campaign for eight 26 square-meters studio units, starting at THB0.969 million, from today to December 15. Despite adverse effect on sales from political unrest over the past months, the company still sees growing residential demand and healthy growth prospect next year. C.P. Land has on October 22 completed registration process to become a public company and is preparing to consistently introduce new residential projects, said Mrs.Suwanna Kiartsritara, Assistant Vice President — Market & Sales C.P.Land PLC. The company has tapped the medium-end condominium market with a completely-built project The Season Srinakarin. Of the total 504 units, some 60% have been transferred and resided. Besides the aforementioned deal for the eight selected units, the company also provides a special offer for fully-furnished units at the price of THB1.15 million for a studio and THB1.59 million for a one-bedroom unit valid through December 15. “The Season Srinakarin project is C.P. Land’s latest attempt to test the medium-end condominium market. Although this segment may have been affected over the past 1-2 years by political and economic conditions, but sales are considered successful given relatively low marketing budget set for this project. Given improving economic conditions and growing residential demand, this project should be completely sold out within next year,” said Suwanna. The Season condominium project is situated on a 4 rai — 3 ngan — 73 square wah area on a landmark location of Srinakarin road. It has three eight-storey buildings comprising 504 residential and commercial units, with project value of THB669 million. The project has 252 studio units, with area ranging between 26.76-32.43 square meters; 161 one-bedroom units, with area ranging between 38.51-53.26 square meters; 84 two-bedroom units, with area ranging between 50.13-73.20 square meters; and 7 commercial shop units. All kind of facilities surround the project include Lotus Plus Department Store (Srinakarin), Big C, Carrefour, schools, hospitals, and Suvarnabhumi airport. The supreme location also provides easy access to expressway that links to city center as well as access to industrial ring road. Interior designs at The Season Srinakarin aim at serving modern lifestyle of the new generation, allowing utility maximization in each and every corner. Only finest furnishing materials were chosen; modern built-in kitchen set from Index that serve well for both Thai and international cooking, outstanding sanitary ware, luxurious and relaxing bedroom, and living room that responds to all emotions. In addition, The Season also provides top notch facilities ranging from swimming pool that surrounded by waterfalls and natural gardens, fitness room, stylish lobby, commercial shops, parking area, and full-scale security system that comprise CCTV, key card, and 24-hour security guards. For more project details please contact Tel: 02-753-3333 C.P. Land PCL, established in 1988, currently has paid-up capital of THB3.63 billion. Previously, the company engaged mainly in property development for rent such as C.P Tower 1 (silom), C.P. tower 2 (Fortune), C.P. Tower 3 (Phayathai), Fortune IT Mall, C.P. city Center Community Mall (Konkaen), and Grand Mercure Fortune Hotel (Ratchada). Previous residential projects include condominium and single detached house projects such as DS Tower 1 and 2, C.P. Place Condominium, C.P. Parkland, and C.P. Homepark. At present, the company is planning to focus on integrated residential projects -including condomium, townhouse, and single detached houses-, which are expected to be introduced throughout 2011.

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