Real Estate Magazine Thailand - Article Of March 2010


 
 
   W Tower gets-ahead!
 
 


Heights Holdings have officially announced construction start date for W-Tower! A spokesman for the company said: “We are proud to reveal that construction of our beachfront ‘W’ Tower high-rise project will begin in Q1 2011!
“This follows the granting of our building permit (no: 233 /2553) and our environmental licence.
“So, given 2009 was highly prosperous for us, with the successful launch of two new projects, we find ourselves ready to announce the construction start-date of our exceptional high-rise condominium project.”
Featuring 38 storeys and located 20 metres away from the exclusive Wong-Amat beach,
the ‘W’ Tower stands to become one of the most prestigious and desired developments in all of Pattaya.
The spokesmand added: “We are also introducing an incredible ‘presale promotion’ from floors 6–24, which sees a selection of units priced from Bt48,700 sqm under Thai company name. This equates to an unbelievable price of Bt1.99m (60% discount) for some studio units located on the most exclusive beach in Pattaya.
“We believe that the Pattaya real estate market will continue to make strong gains in 2010 and maintain the momentum of recovery we have experienced throughout the latter half of 2009. Pattaya will remain a world-class tourist destination and we expect consumer confidence to grow into strong demand for a high-rise development within the next 6-12 months.” He concluded: “In anticipation of this global economic recovery, we have secured all required capital to begin construction and are delighted to be able to commit to the proposed construction
start-date
of Q1
2011.” Ω

W Tower gets-ahead!
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