Bangkok--22 Jul--Infinity Communications
7 Best Wishes" promotion worth upto THB 1.5 million per unit to boost sales of the 25 remaining units.
W-Property moving forward on retail development which will become Bangkok’s new lifestyle icon.
W-Property's Le Luk Condominium is the new landmark in Sukhumvit-Phra Khanong. The company is moving forward with plans to develop a retail area and is currently undertaking market studies and business strategy planning. The retail development aims to be a new lifestyle icon of Bangkok which will support Phra Khanong as the new hot spot on Sukhumvit Road.
Mr. Wichai Poolworaluk, President of W-Property revealed that “Le Luk Condominium is a Grade A condominium project. Le Luk has generated sales of THB 900 million. We are now launching the new campaign to boost the sales of the last remaining 25 units. Prices range from THB 3.3 million to THB 15 million and include studio, one bedroom, two bedroom and penthouse units. Prices are THB 120,000 per square metre. We expect sales to close very soon. We are organizing an Open House event July 31-August 1, 2010 to allow clients and potential clients to experience the quality of the development. There will be lots of activities including speaker sessions on 'condominiums as a sound investment' from real estate industry experts, as well as advice on decoration of condominiums by leading interior designers.”
Le Luk Condominium is leading the way with new technologies under the concept ‘Creative Living’, by offering Hi Speed Internet 10MB — 40MB, and working with CABNET Global Gateway company — the Interactive TV solution provider — to launch the ‘Emagine’ box. The 'Emagine' box allows users to download online content through Hi Speed Internet, such as the latest movies, songs, music VDO's, online shopping and more. Interactive TV is provided in many leading hotels around the world including Burj Khalifah — the tallest building in Dubai; the Emirates Palace Hotel Kempinski — one of the most luxurious hotels in the world in Abu Dhabi; and Le Bua Bangkok.
Le Luk Condominium is the first development in Thailand to offer this leading lifestyle solution to residents.
W-Property is also proud to announce the launch of "Hi Service” for Le Luk Condominium residents. Hi Service is a personalized concierge service that includes travel planning assistance, a central bill payment service, limousine service, valet car service, maid service, food and beverage delivery service, and more. Hi Service is to be offered in various package options, as per a client's needs, and charged monthly. Hi Service will start in October.
The remaining 25 units at Le Luk Condominium are being promoted with a new marketing campaign - "7 Best Wishes”. This campaign provides 7 special offers for clients, including:
1) Built-in furniture designed by Woraluk; 2) Premium appliances; 3) Hi Service package for three months; 4) One year 10MB Hi Speed Internet; 5) Interactive TV Emagine box with unlimited content download; 6) Smart payment by Kasikorn credit card with 0% interest for six months on the down payment; and 7) 0% interest for the first six months of monthly payments with Kasikorn Bank. The total value of "7 Best Wishes" offered to buyers is upto THB 1.5 million per unit.
Le Luk is the first condominium development under the W-Property brand and it is the first Grade A condominium in the Sukhumvit-Phra Khanong area. With a selling price of THB 120,000 per square metre, Le Luk has 27 floors and consists of 285 units - executive studio, one bedroom, two bedroom and penthouses, from 30sqm to100 sqm.
Le Luk Condominium offers complete facilities for today’s lifestyle, including Infinity Edge Pool, Lamour Party Room, Fitness, green garden area, Reading Caf้, Kid’s Room, sport storeroom space for owners (for bicycle, golf clubs, ATV, surf board etc.), and more. There is parking for 85% of the total units with parking spaces for ladies and senior citizens, and a 24-hour security system with both smartcard and finger scan system. Located next door is Le Luk's bigger brother, Sky Walk Condominium, has 50 floors and 531 units, and is already under construction. Sky Walk Condominium will be the tallest condominium on Sukhumvit Road and is expected to be completed end of 2011.
Sukhumvit—Phra Khanong area is in the heart of the city, and today has become the hot spot for condominium investment, and while a number of developments have been launched in the area, Le Luk Condominium is the largest premium development. Early buyers at Le Luk Condominium have seen their decision to buy a good investment decision, experiencing strong capital appreciation already with per sqm prices expected to increase further in the future, in large part due to the prime location of Le Luk Condominium.
Located on the Sukhumvit BTS line, Le Luk Condominium is opposite Phra Khanong BTS station and in the future there are government plans to build more walk-throughs from BTS stations to residential developments along the route. Moreover, the future expansion of the BTS from On Nut to soi Baring will further position Phra Khanong and Le Luk Condominium central in Bangkok's downtown.
Mr. Wichai Poolworaluk added, "We saw the potential of Sukhumvit-Phra Khanong a long time before we launched Le Luk Condominium. Today we celebrate the success of Le Luk Condominium and the launching of Le Luk as a new landmark in Sukhumvit-Phra Khanong.
Le Luk Condominium is a premium mixed-use development consisting of residential, retail, and a range of facilities that serve today’s lifestyle."
W-Property aims to position Phra Khanong as the hot spot on Sukhumvit Road, investing further in a new retail development. W-Property are currently undertaking market studies and business strategy planning and have appointed DTZ (Thailand) as consultant on this project. W-Property aims to create an outstanding retail development which will become a new destination for shoppers, offering premium products, at the new lifestyle icon of Bangkok.
About W-Property
W Property is a Bangkok-based leading property developer. The company was founded in 1974. The company has interests in retail and residential properties in Thailand. All developments are developed under the ‘creative living' concept, and management is led by Khun Wichai Poolworaluk. Portfolio includes EGV - Thailand’s first multiplex cinema - and recently W Property has expanded into residential with Le Luk and Sky Walk Condominium in 2007 (Sukhumvit Road - Phra Khanong area), Baan Tonmai housing estate at Vipawadee-Don Muang, and introduced Hi Residence Hotel in 2009. For more information, visit www.w-property.com.
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Chanut Nawnarong/ Nungruthai Julakul
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