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News
+ Development 17/9/03
Central World Tower
now available for rent,
details...

Source:
Jones
Lang Lasalle
Bangkok Property Outlook,
a six monthly report prepared
by property consultants
Jones
Lang Lasalle (Thailand),
indicate that there is a
total of about 39,000 condominium
units accross Central Bangkok.
The study points out that
"robust demand for
city condominiums have led
to an 8.5% increase in the
average asking price in
central Bangkok, which now
stands at Baht 43,360/sq.m,
compared to Baht 39,970/sq.m
as at the end of 2002. A
number of projects offer
much higher prices than
the market average."
Such positive market results
is likely to attract more
condominium
building in the downtown area
and potential oversupply
of new units this year.
Plans to build a five-star
luxury hotel at the Queen
Sirikit National Convention
Centre (QSNCC) could
be scrapped due to recently
introduced zoning regulations
set by the Bangkok
Metropolitan Authority.
"Zoning regulations
prohibit construction of
any buildings more than
23 metres in height immediately
adjacent to a public park,
while the current design
for the QSNCC hotel calls
for a height of 98 metres."
NCC Management, who manages
the convention center, was
previously granted concession
by the Tresury Department
to develop a 2.7-billion-baht
luxury hotel and parking
complex to complement the
convention center.
Source- Bangkok
Post (17/9/03)
An unnamed 34 storey condominium
project to be developed
on Soi
Sukhumvit 39, specifically
targeted at Japanese expats
and retirees more...
.......
...Source:
Bangkok
Post Online
Nexus Property Consultants
has revealed plan for the
1.6 Billion Baht Urbana
Langsuan
condominium project (formerly
the suspended Gold
Pine Gardens Condo project
by Golden Land PCL) an upscale
condominium project will
have 37 floors with 151
condominium units plus 96
upscaled serviced apartment
units. The project which
is being developed by Siamphan
Enterprise Group Co Ltd
will be finished by the
end of 2004.
Theptarin
General Hospital also
secured a 220 million Baht
loan from Bangkok Bank for
the addition of a 20 storey
health care facility which
is going to be completed
in 2005.
Source- Bangkok
Post (10/9/03)
The long suspended Pratunam
Center project is on
course for full revival.
The project is now being
completed in two phases.
The first phase (include
an eight-storey shopping
plaza with 200,000 sqm of
retail space, will open
late this year). The second
phase which consist of three
towers: a 34 storey 400-room,
four-star hotel plus two
38-storey serviced apartment
and condo buildings, expected
to open late next year.
The project will be managed
by Great China Millennium
Co with the Hilton Group
to developing and managing
the hotel.
Source- Bangkok
Post (9/9/03)
Baiyoke
2 construction pics
and other info on the tallest
building in Bangkok...
We
recommend these webforums:
Skyscraper
City and
2Bangkok
to discuss the latest news
& views about highrise
building, construction,
mass transit megaprojects
and more...
News
1/9/03
Land and House Development
PLC set to take over Ratchada
Square project from
owner Ratchada Millennium
Group. The project require
additional an additional
3Billion Baht investment
to complet. Source said
the money will come from
the coffer of Khun Ying
Pojaman Shinawatra, wife
of Premier Thaksin.
Land and House also took
over the suspended Chateu
Chaophrya project worth
an estimated 1.6 Billion
baht.
In other news, Natural
Park (N Park) property group
set to take over the Regency
One project, a 200room
5 Star Hotel cum services
apartment highrise in Silom,
worth an estimated 1.5Billion
Baht. The company plans
to raise upto 650m Baht
in equity by selling its
Natural Ville Service Apartment
project in Soi Langsuan
to the Board
of Investment.
Earlier N Park has struck
a deal with Siam Paragon
Development Co. to build
a 400m Baht 'Siam Opera
House' at the Siam
Paragon Shopping Centre.
Source:
Krungthep Turakij web;
Bangkok
Post Property
13 June 2003, 18 August
2003)
News
12/8/03
Assumption University (ABAC)
plans to invest 15 Billion
Baht (US$35.8m) to expand
ABAC Bangna campus to which
end the developer hopes
will established Thailand's
first fully self contained
university town. The expansion
plan include the construction
of a new shopping malls,
five star hotel and commercial
floor spaces. (Bangkok Post
4 July'03)
Take a look at some famous
university landmark towers..
Assumption University
(ABAC) Bangna Campus
Established in 1969, Assumption
Business School (ABAC) is
one of Thailand's most respected
educational institution
and the country's first
international university.
ABAC's Bangna campus completed
in 2002 and ocated on a
vast greenfield just off
Km26 of the Bangna-Trad
Highway. The uni is fully
equipped with state of the
arts research facilities,
and has an 8 lane Olympic
size swimming pool, squash
courts, saunas and gymnasium
which seats 3,200 people.
 
.University
Hall and "Cathedral
of .Learning"
tower in the background
......"the
grandoise architecture"
 
More
info: www.au.edu
Shinawatra University,
Pathumthani:
Another futuristic university
located in the northern outskirt
of Bangkok. An international
university founded by the
current Thai PM, Dr Thaksin
Shinawatra. The university's
auditorium building looks
somewhat like a giant UFO
flying saucer from the 1960s
movie. The observation tower
(below) is also futuristic
looking.

More
info: www.shinawatra.ac.th
Suranaree University of
Technology - Nakhon Ratchasima

The university's icon,
the Suranapa Symbolic Tower
(pic above) is an 82 metres
tall lotus shaped observation
tower. The tower was completed
in 1995 in time for the
university hosting of WorldTech'95
(world agricultural expo).
Other on-campus attractions
include a butterfly farm
and the Isarn cultural centre
which features cultural
artefacts collected from
Thailand's northeastern
region.
 
...More
info: www.sut.ac.th/
Last but not least -
Chula's
High-Tech Square...
News
30/7/03
We've discovered another
design for Sathorn
Square (below) still
in the drawing board. Located
on the corner of NarathiwasSrinakarin
and Sathorn Road next to
the Russian Embassy Site.
The developer's
website now indicates
that a final design will
be chosen by mid 2003. Sathorn
Square is a joint venture
project between Golden Land
Pcl and North Sathorn Realty.

The Sofitel Riverside Hotel
project will be revived
after a new group of investors
agreed to inject more cash.
Once completed, the developer
will operate a new 5 star
hotel likely to be managed
by the Hilton Group. The
Sofitel project comprises
a 32 storey tower which
was 85% completed when it
was suspended in 1996. The
Nation & Bangkok Post
28/7/03
Spectacular views of downtown
Bangkok from the Vertigo
Restaurant atop the Thai
Wah 2 Tower at 2Bangkok
website

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