Bangkok--26 Feb--Oasis Media Harrison will hold an auction session for 25 quality Penthouse Projects in "Penthouse Panorama Auction", a total value around THB 1,000 million. This is the auction with highest number of Penthouse projects to be held in Thailand. Virtual tour program will imitate the 360 degree panoramic view for visitors to experience virtual tour into the Penthouse. The auction will be held during March 1-April 2, 2007. Premium market is still full with potential and high sales turnover is expected. Mr.Alan Lin, CEO Harrison PLC, discloses that over the past period, the company has successfully managed many condominium projects of more than THB 20,000 million. The sales turnover reflects the highest sales portfolios in Thailand. Each condominium is usually equipped with penthouse to cater to premium customer group. The collection of penthouse is seen to be of high quality and great location. However, marketing and sales activities are not adequate. As a result, the company is trying to proactively adopt new marketing concept by collecting 25 penthouses projects with the total value of more than THB 1,000 million. The auction concept "Penthouse Panorama Auction" reflects a wide collection of penthouses with highest value ever of THB 1,000 million in Thailand. The concept highlights virtual tour program to facilitate those interested through the website www.penthouselover.com . Visitors can get exposure to various penthouses including design, function and decoration from all 360 degree angles. "Penthouse market in Thailand is narrow in scope and there are not a lot of marketing activities to support sales. The trend for this segment is growing both domestically and internationally. If there are adequate marketing support activities, high sales turnover can be expected. It is also expected that there will be a lot of bidders who participate in the auction.” Mr.Alan said Miss Wandee Cheewakitcharoen, Executive Vice President Harrison Plc said the auction will be sealed bid and bidders can visit the real location or visit the virtual tour program through the website before the real auction takes place. Those interested in participating in the auction can request for bidding form from Harrison PLC during March 1 to April 2. April 2 is the auction date. The auction will be the biggest penthouse auction ever held in Thailand. In addition, it is the first time for more than 10 sales agents have participated to make the auction happen. Harrison has launched many ad and PR campaigns through various media including direct mailing, newspapers and other print media. It is expected that there will be a lot of auction participants. Participating projects will include new and second-hand penthouses in total of 25 such as Baan Sathorn, Chaophraya, Ficus Lane, Athene Resident, The Royal Saladaeng, President Park, Sukhumvit City Resort, Master Centrium, Royal Castle, Waterford, Nusasiri, The Lake etc. Selling prices range from THB 15 to 60 million. Further information please contact Oasis Media Co., Ltd Tel. 02-937-4735 Khun Chatchaval Teened / Saranyarat Suwannakham / Piyaporn Chamnien email:[email protected] / [email protected] . / [email protected] . Click for photo release at www.thaipr.net