Bangkok--Nov 21--BrandComm Consultants
The Park Chidlom, an exclusive Bangkok luxury high-rise condominium residence developed by Hemaraj Land And Development Public Company Limited reported overwhelming customer acceptance to date. Pre-completion Sales, which began in February 2004 while the show unit opened from November of 2004, have reached over Baht 3,800 million with 150 units or 70 % of the units sold and over 35,000 square meters under contract from both discerning Thai and foreign buyers from Bangkok and international markets. The luxury Bangkok condominium residences to be completed and transferred within the fourth quarter of 2006, emphasize the lifestyle concept of “a symphony in living’ with the highest international standards of exclusivity, luxury, privacy, and harmony with nature, yet in the most convenient Bangkok city location.
Mr. David Nardone, President and CEO of Hemaraj Land And Development PLC announced that The Park Childom sales of Baht 3,800 million in value have exceeded the company’s expectations at one year prior to residence handovers. “The Park Chidlom is the company’s exclusive luxury Bangkok residential condominium, developed from Hemaraj’s expertise in systematic property development. The Park Chidlom uses unique design concepts from major international markets to create luxury exclusivity and privacy for our customers. At the same time, we have offered luxury fittings, facilities, and specifications not found in the Bangkok condominium market. The development is themed ‘A Symphony in Living’ and provides the benchmark in Bangkok for luxury residential living”, said Mr. Nardone.
The Park Chidlom, set on five and one half rai including two rai of landscape pool and recreation area has two residential towers: the 35-storey Somkid Tower and the 28-storey Chidlom Tower, with a total of 219 units comprising 87,000 gross square meters and 53,000 net square meters. The project has various unit types including 2-bedroom units of 140 to 148 square meters and 3 plus 1 bedroom units of 257 to 310 square meters as well as duplex penthouse units.
The Park Chidlom with the Art Deco crowns of the two towers — is reminiscent of the luxury residences of New York and other international global markets. The buildings with the combination of luxury, privacy and harmony with nature feature lighting and designs that will provide an enduring landmark on the Bangkok skyline. Architectural and engineering standards, including the structural, security and environmental considerations, are based on the standards used in some of the world’s best residences.
Ms. Jinnapat Tongviseskul, Director of Residential Customer Development, said “The Park Chidlom provides a level of unparalleled privacy and exclusivity with a private entrance lobby from your lift and no common walls for any 3 bedroom units. Your solitude and living in harmony with nature is enhanced with many features including our selection of the window glass specification using “insulated large double glass panels of 24 millimeters, which has 6 mm green tinted glass, a 12 mm. air gap and 6 mm clear glass. This coupled with the two part thermally improved window frames from Technal France provide the ultimate heat and noise protection. With two rai of landscape water features and a 90 meter pool, you will forget you are in the heart of Bangkok yet enjoy all of its benefits.”
Mr. Nardone added further that, “The Park Chidlom provides Thais and foreigners alike the luxury and privacy for their downtown residences found previously only in international markets. The prices in Bangkok, compared to our customer residences in New York, Paris, Hong Kong, Tokyo, London, Singapore, Zurich, and Sydney, are often one third to one tenth the international levels thus amazing discerning buyers of the relative values and luxurious designs and furnishings of The Park Chidlom residences at the top of the Bangkok condominium market. The luxury residential condominium market in Bangkok represents continued opportunities for ideally located well-designed and managed international standard luxury projects.”
The ‘Show Unit’ type E of 257 square meters and Sales Office is located at Chidlom Road behind McDonald’s being nearly adjacent to the site. Interested buyers are invited to call 662-719-9555 for an appointment. Visits can be arranged from Monday to Saturday between 10.00 a.m. and 6-00 p.m.
(Updated as of 31 October, 2005)
About Hemaraj
Hemaraj Land And Development Public Company Limited is Thailand’s leading developer of industrial estates, utilities, property and infrastructure customer solutions. Founded in 1988 and listed on the Stock Exchange of Thailand in 1992, today Hemaraj has assets of approximately Baht 8,600 million (USD 210 million) with an appropriate financial structure and a global customer base. Hemaraj currently has six industrial estates/zones under management/development which are Hemaraj Chonburi Industrial Estate, Hemaraj Eastern Industrial Estate (Map Ta Phut), Eastern Seaboard Industrial Estate (Rayong), Hemaraj Eastern Seaboard Industrial Estate, Rayong Industrial Land and S I L Industrial Land (Saraburi). These represent 32,000 rai under development, industrial clusters for petrochemical automotive and other industries, with 320 customers including 100 automotive customers, direct employment for 40,000 people and a customer investment estimated at USD 10 billion. The Hemaraj strategy is to create long-term shareholder value achieved through focused and appropriate strategic, business, governance and financial disciplines. This long term value can be realized by demonstrating and communicating respect for its customers, employees and stakeholders while consistently behaving in a manner that is communally, ethically and environmentally responsible. Hemaraj’s business has evolved from 17 years of experience in the development of industrial estates, utilities, SME Factories for Rent and Sale and high-end residential condominium “The Park Chidlom”.
For more information about The Park Chidlom, please contact Hemaraj Land And Development at (662) 719 9555, email to [email protected] or register at our website: www.theparkresidence.co.th and hemaraj.com.
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BrandComm Consultants Co., Ltd.: Tel. 0-2645-0171
Ms. Pailin Buranamittranond / Ms. Nattapat Chotipitakkul End.