Bangkok--Mar 29--CB Richard Ellis
Mr. Suthin Jiramaneekul is the Managing Director of A.P.K. Real Estate Co., Ltd. and Frank’s Jewelry Creation Co., Ltd.
Mr. Suthin is actually not a newcomer to the Thai property business as he initially established A.P.K. Real Estate Co., Ltd. in 1994. The company’s first project, Belair Mansion, was an upscale apartment building for expatriates only. Its success can be expressed by the full occupancy rates since its completion. The second project was City Lake Tower, a 28 storey condominium development located in the Sukhumvit area. This luxury project received a positive response from condominium purchasers and all the units were sold out within a few months. Baan Sukjai, the third project of the company, is a high end single detached housing community, located on Soi Sukjai, Sukhumvit 40.
Mr. Suthin has a strong interest in Bangkok property market and follows the market movements consistently. His decision to develop this unique project arise from an untapped demand from the high end market and confidence in his investment. He also sees further growth in Bangkok’s residential market if new products are developed which truly match the market’s requirements.
He has spent around 8 months studying project and market studies as well as carefully considered architectural styles that best match residents’ lifestyles. This particular type of house needs to be constructed by highly skilled artisans, similar to those in the jewellery business for which Mr. Suthin is well known.
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