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Bangkok Property Developer Helping to Build Community Projects

By on Jun 06, 2016 in Property News, Residential

Some of the leading Bangkok Property Developers are collaborating with other businesses to provide services to homebuyers and add value to the residential projects to provide more community type developments.

“We are developing more residential projects in Sukhumvit 77 under the idea of building a community,” Sansiri Plc’s president Srettha Thavisin said. Apart from Sukhumvit 77, Sansiri is also developing the community mall, Habito and has invited Bangkok International Preparatory and Secondary school to open a campus nearby. “We call this area “T77. This is the first time that we have applied the community concept to a residential project,” he said. “We are developing our community based on the insights learned from research on what our customers want and we aim to serve their demands,” Srettha said. He added that developers should consider that homebuyers will want to live at the project but also ensure the value of the project rises in the future.

As an example, the Thonglor area is a good location because it offers easy access to hotels, shopping centres, public transportation etc. which serve the needs of people at all ages.

Property Perfect PLC’s chief business development officer Wongsakorn Prasitvipat agrees, saying, “our business strategy is to develop communities near our residential projects to serve our consumers’ lifestyle.” As part of their community concept, Property Perfect has invited the cafe chain, Too Fast to Sleep, to open a new branch at Salaya 2 the Campus, and it is also developing the Metro West Gate mall at Kallaprapruk-Sathorn close to Metro Park Sathorn.

Similarly, LPN Development PLC is thinking about community at its Lumpini Condo Town Rangsit Klong 1. It is developing a community mall called the Market Place, which will include shops and a medical clinic and will be managed by Siam Future Development Plc. “This is a next generation concept when it comes to residential projects because customers need more facilities inside the complex. The more facilities a project has the more its value will rise in the long term,” LPN Development Plc’s Managing Director Opas Sripayak said.

Source: The Nation, 27th May 2016
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