Bangkok--29 Oct--Delivering Asia Communications
Country Group Development PCL, the developer behind Chao Phraya Estate, the ultra-luxury mixed-use development on the banks of Bangkok's "River of Kings", has successfully secured THB 380 Million in sales of apartments at Four Seasons Private Residences from investors in Hong Kong.
This latest impressive round of sales was achieved following an exclusive event at the Four Seasons Hotel in Hong Kong, where Country Group Development wooed potential buyers with a stylish exhibition and also showed its appreciation for existing owners from Hong Kong with a prestigious private dinner hosted by the CEO of Country Group Development, Ben Taechaubol.
This was the latest in a series of successful sales missions and underscores CGD's effective overseas strategy, which has seen it conduct a number of roadshow events in key international markets.
"Hong Kong has been an incredibly strong market for us and I am delighted with the support for our latest event," said Country Group Development's CEO, Ben Taechaubol.
"Clearly the Four Seasons brand resonates strongly with Hong Kong investors, in fact, Hong Kong has outperformed our other international markets with investors showing a deep appreciation of Thailand's legendary hospitality and Bangkok's iconic charm. The sales from our latest event demonstrate that high-end international buyers and investors remain confident in Thailand," he added.
The Chao Phraya Estate project will include three exceptional properties: Four Seasons Private Residences Bangkok, Capella Bangkok, and Four Seasons Hotel Bangkok.
For more information go to chaophrayaestate.com or visit the Four Seasons Residential Sales Gallery at Soi Charoenkrung 64, Charoenkrung Road, Yannawa, Sathorn, Bangkok.
About Chao Phraya Estate
The Chao Phraya Estate enjoys a prime waterfront location in Bangkok's heritage quarter on an unprecedented 14.2 acres of land. The project is valued at approx. USD 1 billion and the development features 3 unique properties – Four Seasons Private Residences Bangkok, Four Seasons Hotel Bangkok and Capella Hotel Bangkok. Construction Started in Q3 2014 with expected completion in 2019. The master plan and design is by Hamiltons International with architecture by Dhevanand Architects Co., Ltd. and interior design by BAMO Inc. and PIA Interior Co., Ltd. The Landscape Designer is P Landscape Co., Ltd. For more information, visit chaophrayaestate.com.
About Country Group Development ?
Country Group Development PCL (CGD) is the real estate development and investment arm of Country Group. Active across multiple sectors and markets, the company is able to leverage its affiliate strength through a competitive edge of networks, intelligence and financial strength spanning across the real estate and financial industries. With a proven track record of delivering bold and complex asset transformations including Four Seasons Private Residences Bangkok, Four Seasons Hotel Bangkok, and Capella Hotel Bangkok; Country Group Development represents an unwavering commitment to unlocking superior value by closely aligning itself to key sectors the real estate market is progressing towards. For more information, please visit www.cgd.co.th.