By The Nation
“Since introducing the project to the market in April this year, about 39 per cent of the first phase totalling 396 units have been reserved. It has become clear that the demand to buy into our project in this location does not match with the concept design and for this reason, we have decided to suspend sales and refund booking and down payments to customers. We will now revise the design of this project and will launch it again in 2020,” the company's chief strategy officer Sumeth Ratanasrikul wrote in the statement released on Wednesday.
Ideo Q Phahon-Saphankhwai is located close to BTS Saphan Khwai station on a six-rai plot. It was originally designed to have 1,114 units at a starting price Bt5.5 million per unit.