Condo projects totalling Bt10 bn planned for Hua Hin
Property firms are launching more than Bt10 billion worth of condominium projects in Hua Hin in the current half of the year after launching 17 such projects worth Bt35 billion in the final quarter of 2011.
Sansiri plans to launch three condo projects in the resort city worth Bt2.6 billion in the remaining four months of this year.
Baan Ratchaprasong Co will introduce the second phase of Energy Hua Hin on 15 rai (2.4 hectares) this month after selling out its Bt20-billion first phase last year.
LPN Development plans to launch its first condominium project in Hua Hin, worth nearly Bt2 billion, in the final quarter.
SC Asset Corporation plans a second residential project worth nearly Bt2 billion in Hua Hin in the current second half, after successfully selling out its first condominium project there, The Crest Santora Hua Hin, in the first half of the year.
Sansiri president Srettha Thavisin said demand for homes in Hua Hin was growing strongly. All of the condo projects it launched there early this year have sold out. As a result, the company plans three new projects worth Bt2.6 billion during the rest of the year. The first is Baan Imm-Aim worth Bt350 million, which will launch in the middle of this month.
LPN Development managing director Opas Sripayak said the company would launch two condominium projects in the provinces in the final quarter, one of which will be in the Cha-am-Hua Hin area. The company sees strong demand for condos in this location.
