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ECORNOMY
OF SCALE
: : According to a recent report in
the Bangkok Post
some 200 people have already committed to purchase
residential units in the 'corn cob' apartment project. A 40sq m apartment unit would
cost an average 1.21 million baht (US$26,000) each.
Those wishing to purchase the unit could look at a
monthly instalment of 3,750 baht over a 25 years period.
The apartment building is dubbed
'corncob' because of its octagonal floorplan and vertically
stripped glass / concrete facade. The project which
was conceived by Bangkok's Governor Samak Sundaravej,
aims to provide accommodation for low income residents
in Bangkok middle suburbs.
The first apartment project is earmarked for a plot
of land on Ramkamhaeng Soi 40 Road. This project include
six low-rise apartments (seven storey each, providing
total 320 units), the project expected to take 15
months to complete following an environmental impact
assessment. Future sites mooted for the project include
Taling Chan, Pahol Yothin and Chatuchak. (BH 18/11/01)
SOURCE:
BANGKOK POST
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BANGKOK GO FOR THE RECORD
:
: Thailand plans to throw down the gauntlet to Malaysia
by building the world's tallest air traffic control
tower at Bangkok's new
international airport, snatching the record from
Kuala Lumpur.
Bhumisathit Jampathom, senior vice president of the
Aeronautical Radio of Thailand Ltd, said a 132-metre
tower was planned, topping the one at Kuala Lumpur
international airport by 1.5m, at a cost of 1.9 billion
baht.
Prime Minister Thaksin Shinawatra had suggested the
new 36-billion-baht ($US800m) Nong Ngu Hao airport
needed a unique feature. He said if we want the new
airport to be listed as a top airport of the world,
we should increase the height of its air traffic control
tower to be higher than Malaysia's,'' Mr Bhumisathit
said. (BH 18/11/01)
This
proposal may be just another hot air ballon since
several world's tallest proposal for Bangkok has not
materialised including the 160m antennae atop the
Baiyoke 2 tower and the mysterious telecommunication
tower project.
SOURCE:
BANGKOK
POST -14 NOV 01
Article sent in by Ron from 2Bangkok
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CENTRAL IN WORLD TRADE BID
:
: Central Pattana Plc, the real estate flagship of the
Central Group,
is negotiating to acquire a major stake in debt-ridden
World Trade Centre Co, the company responsible for building
the World
Trade Centre Tower. WTC
Co faces a number of lawsuits from creditors, including
a Bt6-billion suit for alleged breach of contract by
the Crown Property Bureau.
Foreign
investors have also been invited by Wang Tejapaibul,
original developer to form a joint venture in both
equity and management of the World Trade Centre shopping
complex and tower. The partial acquisition deal by
Central could see a further Bt4 Billion of investment
injected into the project.
Economic
crisis has forced the World Trade Tower project to
stopped construction in late 1998. Unfinished at 63-floor
the tower has become a well known eyesore in downtown
BKK. Only 41 floors of of the tower been completed,
with current asset is worth around Bt4 billion ($US90million),
based on the project's economic potential. WTC Co's
lawyer have declined to give out further details relating
to the acquisition deal. (BH 21/8/01)
SOURCE:
THE NATION
-7 AUG 01
Article sent in by Ron from 2Bangkok
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