Bangkok--6 Dec--Oasis Media Hong Kong big investor, Concord Properties Group are set to develop a mega project in Pinklao area on a 60 rai plot of land with a total value of 40 billion. Starting with a condominium project on a 15 rai plot of land on Charunsanitwongse Road under Bangkok Cannes Brand, the project will feature the same concept built in Shanghai. Grand opening day coming December 15-16,2007 Mr. Michael Wong General Manager of Concord Properties Group (Thailand) Ltd. reveals that the company ready to develop a mega property project in Pinklao area on a 60 rai plot of land with a total value of more than 40 billion. The project will consist of a condominium, a plaza and a shopping complex, which after its completion are expected to create a residential area of more than 12,000 units. In its initial phase, the company will develop the first 15 rai into a 1st phase condominium totaling 2,700 units under Bangkok Cannes Brand. Each unit will have a usable area of 29.5-75 SQM with a starting price 880,000 Baht and a total project value of 3.7 billion Baht The project is highly unique is in its superb location, which is located right on Charunsanitwongse Road and only 200 meters from the new MRT line and its value for money with a starting price of 29,999 Baht per SQM only. The project will be fully equipped with a complete range of common utility, e.g. a swimming pool, fitness center and 24 hours security system, etc. “Concord Group is Hong Hong’s top three property developers. The group company have a total asset value of more than Baht 600 billion. Currently, the group has investments in several Asian countries, e.g. China Hongkong Taiwan, the Philippines, etc. And since Thailand is also considered as a country with high growth potential, Concord Group is interested to continuously make its long term investment in Thailand.” Mr. Wong said Mr. Wong further adds in the part of sales and marketing is serviced by Harrion Plc while the project expected to grand opening launch on December 15-16, 2007, the company has arranged a special campaign for customers. The project has 500 units reservation and from the project potential as well as its highly outstanding price, it is expected that the project will be able to generate its targeted sales in no time. Concord Property Group is one of China’s largest property development groups. The company has extensive investment experience in several Asian countries, especially in China, where it develops its Shanghai Cannes brand, which consists of condominiums, commercial areas and schools with a combined usable area of more than 2,000,000 SQM. With Concord Group’s intention to develop a large residential area, Bangkok Cannes is built on this similar concept, which has been highly successful in Shanghai. Further information please contact, K.Saranyarat Suwannakam or K.Piyaporn Chamnine Oasis Media Company Limited. Tel.0-2937-4659-9, 0-2937-4735 Email : [email protected], [email protected]