The Lofts South Shore Pattaya, Thailand
Raimon Land acquired a 6 rai site in Pattaya in August 2007 which it intends to develop The Lofts South Shore Pattaya under 'The Lofts' brand. Already well established in Bangkok, The Lofts concept will now be available to Pattaya residents in search of modern urban design and functionality at affordable prices. The Lofts Southshore will combine traditional notions of resort living with a modern urban lifestyle, offering a variety of views towards the sea, city and waterland within easy access to all that central Pattaya has to offer. The Lofts Southshore will be launched in 2008 and completed by 2011.
The Lofts South Shore Pattaya will combine traditional notions of resort living with a modern urban lifestyle, offering a variety of views towards the sea, city and waterland within easy access to all that central Pattaya has to offer.
Project : Freehold Condominiums
Location : South Pattaya
Land Area : 6 rai
Expected Launch : Q1/2008
Concept : High Rise Condominiums
"It will be an upscale project estimated to be worth Bt3 billion when completed, said Raimon Land CEO Nigel Cornick. Meanwhile, The Lofts Southshore is being constructed on a 6.5-rai plot and is valued at Bt4.5 billion. The completion date is also around 2010. This project is special in that it is specifically targeting the middle market, one that Cornick says the company is eager to tap.
For the mid-end Southshore project, Raimon will offer 30-square-metre studios from an entry price of Bt1.8 million. Its overall floor space is expected to fetch an average of Bt70,000, said Nigel Cornick, CEO of Raimon Land, as the higher floors will be commanding much higher prices. In all, Southshore will have 850 units, contained in two towers one 35 floors and the other 50.
It does not have a private beach, but has good sea views. Southshore's amenities, including its swimming pool, sun deck and sports facilities, are to be located atop a massive podium shared by the towers.
For more information, please contact sales@pattayareal-estate.com.
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