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Chiang Mai Condo Development – Charn Issara

By on Apr 20, 2016 in Property News, Residential

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Charn Issara Development are signing a joint venture with Chinese contractor Tianyuan Construction Group to develop a Chiang Mai Condo project. Chief Executive Songkran Issara said the project would help expand its customer base among Chinese buyers.

“We plan to have a project roadshow in Shanghai, Kunming and also Shandong, where our Chinese partner is based,” Mr Songkran said. “Having a Chinese partner can help draw their compatriots to the Chiang Mai property market.”

The Chiang Mai condo project will be on a 6.5-rai site on the Ring Road behind Central Festival and will be developed in 2 phases. This is the company’s second project in Chiang Mai. The first was The Issara Chiang Mai, a 7 storey condo project launched in 2013.

In the meantime, Mr Songkran said Issara United Co, one of the company’s subsidiaries, will spend 1.7 billion baht to develop Baba Beach Club Cha Am-Hua Hin Hotel & Private Residence, a luxury hotel in Cha-am. The hotel will be part of the Thew Talay Estate. The estate is a joint venture report project on a 90-rai site shared between Charn Issara and 2 of Saha Group’s subsidiaries.

Source: Bangkok Post, 5th April 2016
For the full article click here. 

Photo credit: bangkokpost.com

 

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