Whizdom Anamai NgarmJarearn Development Hits 90% Sales In One Month
Indeed the brand new project announced sales of 90% within just one month after its launch back in early July 2014. According to the developer Estate Guru Company Limited, the three-storey commercial and residential building on Rama II has reached sales worth more than THB500million so far.
Nat Manasomjit. Managing Director of Estate Guru, revealed the development uses an elaborate design concept revolving around modern lifestyle for those who need a private space in the central business district. He added that the target group for the project is the new generation and working people who are starting up a family is the Rama II area.
He said: “Rama II continues to grow. According to Thailand’s economic data, land prices in this area have continued to rise compared to previous years. This shows higher potential in this location. In a near future when the ASEAN Economic Community (AEC) opens in December 2015, this area will become crowded as Rama II is a bypass to the western part of Thailand, connected to Myanmar, and to the south connected to Malaysia. »
“With this reason, many landlords and developers in this location are seeking land plots to develop new property projects,” added Nat.
Wizdom Anamai NgarmJarearn will consist in 120 units – 55 units in phase one and 65 units in phase two – with useable space ranging from 112 to136 sqm. The phase one of the project will be completed this year while phase two, which will start construction in August, is expected to reach completion by mid-2015.