Bangkok--3 Mar--Francom Asia
Luxury property developer Raimon Land and TISCO, the country's first investment bank, have agreed on financing facilities for Zire Wongamat, the developer’s latest project. This exclusive beachfront condominium along the prestigious Wongamat beach will combine Raimon Land's trademark high quality with affordability, to cater to a broader range of potential owners. This marks a milestone in the Eastern Seaboard's high-end beachfront landscape.
TISCO Bank, one of the country's most respected financial institutions, has affirmed its solid support for this project by providing credit facility amounting to THB1,027 million. Mr Suthas Ruangmanamongkol, President of TISCO Bank Plc., commented: “We are pleased to work with Raimon Land on this project. The location of Zire Wongamat, the experience of the team and the company's excellent track record of delivering quality residences make this an exciting project to be involved with."
Mr. Hubert Viriot, Raimon Land Chief Executive Officer, added: “We value TISCO's participation in Zire Wongamat, a two-tower residential complex that will certainly appeal to people who dream of an oceanfront home accessible to the city and recreational activities. Right now there is a strong demand for affordable quality units where owners can enjoy five-star comfort. We expect to start construction by Q2 2011."
Located along Pattaya's most secluded beach, adjacent to the newly-completed Northpoint, Zire Wongamat will feature excellent amenities and services including an infinity lap pool, children's pool, multi-purpose sports area, fitness centre, private access to the beach and 24/7 security. It will offer amazing scenic views of the Gulf of Thailand. Completion of the project is anticipated in 2014. Prices of units at this beachfront condominium will start at only THB 1.95 million, or THB 47,500 per square meter.
Photo Caption:
Raimon Land Chief Executive Officer Mr. Hubert Viriot and TISCO Bank Plc. President Mr Suthas Ruangmanamongkol signed the THB 1,027 million project financing agreement for Zire Wongamat, an affordable oceanview residential condominium along Pattaya's most secluded beach. Also present during the ceremony were Khun Kitti Tangsriwong (far right), COO Raimon Land and Khun Sakchai Peechapat (far left), Senior Executive Vice President, TISCO Bank Plc.
PRESS ENQUIRIES :
Kharittha Khumpong
Raimon Land Public Relations
C/O Francom Asia
Tel: 02 233 4338 ext. 22
Fax: 02 236 8030
E-mail:
[email protected] Kwanrudee Maneewongwatthana
Deputy Vice President,
Corporate Communications & Brandings
Raimon Land PLC.
Tel : +66 (0) 2651-9601 to 4
Fax : +66 (0) 2651-9614
E-mail :
[email protected]
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