Bangkok--15 Dec--Oasis Media
Shinwa Group, a large Japanese property firm, flags in Thailand, joining hands with Woraluk Property to establish W-Shinwa with the launch of "RUNESU THONGLOR 5" worth over 1.2 Billion Baht. The project is designed by IAO Takeda, a design champion for 5 consecutive years from Japan, with Sigma Beam, the patent innovation of RUNESU's structure—one and only in the world and the first in Southeast Asia. The group eyes to use Thailand as a base to expand business in other countries in the region including the US and Europe.
Mr.Wichai Chula-Olarnkun and Mr.Tomoyasu Yamabe, co-CEO of W-Shinwa Co., Ltd. which is a joint venture between Woraluk Property Public Company Limited and Shinwa Real Estate Company Limited, a large Japanese property developer, disclose that the first project under the cooperation is RUNESU THONGLOR 5, a low-rise eight-storey condominium with all-inclusive experience of authentic Japanese environment and lifestyle. The project is perfectly designed by IAO Takeda, a design firm which has won the design champion in Japan for 5 consecutive years. It is also blended with Sigma BEAM, Japanese innovative construction technology and the patent of RUNESU's structure—one and only in the world. With Sigma BEAM, beam is adjusted to be floor and floor to be beam which can increase additional usable space by 25-40%, maximizing functions. Not only the first project in Thailand, it is also the first one in Southeast Asia.
"W-Shinwa's key policy is to develop a project with Japanese standard quality which is regarded as one of the highest standards in the world. Despite a lot of condominium projects in Thailand, we believe that none of them offers authentic Japanese living like "RUNESU THONGLOR 5". We pay much attention since we assign Japan's leading design firm which has creative design based on theory. When collaborating with unique know-how of Japan's leading property developer Shinwa, the project is genuinely perfect. In the first 3 years, W-Shinwa will focus on property development, property management, rental management and construction, starting with property development in the first stage," says Mr. Wichai.
Mr. Tomoyasu Yamabe, co-CEO of W-Shinwa Co., Ltd., says that Shinwa Group was founded 60 years ago with the headquarter in Osaka. It is a large conglomerate with many subsidiaries and affiliates. Its property development business is renowned and well-accepted in the industry. Its policy is to expand an investment in overseas and it selects Thailand as the country has high potential with an exponential growth in property sector. Thailand is also the center of the Southeast Asia. Flagging in Thailand will be a solid base for expanding into other countries as well as the US and Europe.
"Before finalizing the joint venture in W-Shinwa, we had discussed with many firms. We choose to join hands with Woraluk Property because our policy, management and vision is in the same direction. This is also the first joint venture for Shinwa Group and we see business opportunity with a strongly confidence in Thai market. Despite a lot of condominium projects in Thailand launched, if we have a clear vision in design and construction as well as location and time is right, we can be successful. In Japan, property projects developed under Shinwa Group brand are well-accepted for quality than pricing. We believe that with our reputation and past works, we will receive a good feedback from target customers who are Japanese expatriates in Thailand as well as Thais and other foreigners who prefer authentic Japanese living, which we can guarantee that it is definitely the first time in Thailand. We are also confident that it is worth an investment for buyers who want to invest or rent out," Mr. Yamabe says.
RUNESU THONGLOR 5 is located on a 1-rai plot of land, developed by W-Shinwa Co., Ltd. It is a low-rise condominium with an eight-storey building and a total of 156 units. There are 2 types including 1 and 2 bedroom sized from 29-65 square meter with prices starting from 4.9 Million Baht. It is designed to feature authentic Japanese living, a new phenomenon found only here. Some parts of construction materials and decorative items being used in the project will be imported from Japan like new system bathroom where floor can be dried very quickly within 1 minute and NANO tiles with special qualification in absorbing odor and moisture and protecting dust mites. In common area, facilities are provided like Japanese garden, Onsen originated from Japan, Swimming pool, Golf driving range, Auto parking system, Security system and etc. It is set to have an official launch in March 2017. Construction will start in the second quarter 2017, being scheduled for completion in the fourth quarter 2018. Project sales value is over 1.2 Billion Baht. Those interested can visit at the project's site soon.