Supalai Park Ratchayothin, 32 Storey : Northern Corridor

[Chad]

Name : Supalai Park Ratchayothin
Developer : Supalai PLC.
Project Description : 32 Storey Condominium Tower
Location : Former Ratchavipha Restuarant, Opporsite SCB Park-Ratchayothin
Launch : November 2009

[Khunphan]

[cHemon]

ahhh... i have been wondering why Ratchavipha Restuarant moved out.

[Chad]

[barth]

Thanks for the render Chad, and here's a better resolution picture (it was a sticker on a table at a tesco's food center!!!)

[Chad]

Hehe..Thanks krub

Here...another one

[ChAiNaRaI]

มันใกล้รถไฟฟ้ากับแอร์พอร์ตลิ้งตรงไหนอ่า

ถึงว่าละคนรู้จักผมมาเถียงอย่างเอาเป็นเอาตายว่าแอร์พอร์ตลิ้งไปถึงรัชโยธิน

[Chad]

ปล่าวครับ ...โฆษณาที่ว่าติดรถแอร์พอร์ทลิ้งค์ คือ อโศก-รัชดาครับ

ที่รัชโยธิน แค่บอกว่าติดรถไฟฟ้า

[ChAiNaRaI]

อ้อ แล้วว่าแต่รัชโยธินติดรถไฟฟ้าตรงไหนอ่าครับหรือเขาหมายถึงในอนาคต

เดี๋ยวจะไปเถียงแบบเอาเป็นเอาตายกลับมั้งว่ามันดูผิด

[qooboy]

today I saw the fence at the construction site. Still wondering why they call this
project 'Ratchayothin' ? It's closer to Ratchavipa rather than Ratchayothin.

[lookma]

เข้ากระทู้ของศุภาลัยแล้วงง นึกว่าตั้งกระทู้ซ้ำกัน

เหอๆๆๆ

[napoleon]

Supalai to launch 10 projects

Bangkokpost Published: 14/11/2009 at 12:00 AM


The listed developer Supalai Plc plans to launch 10 new housing projects worth more than 10 billion baht in 2010, and at least four will be Board of Investment (BoI) Home projects, said president Prateep Tangmatitham.


The four BoI projects will include townhouses and single houses in Pathum Thani, while a BoI condominium will be located on a 10-rai site on either Soi LaSalle or Sukhumvit Soi 107, where it will develop about 1,000 units worth 1 billion baht.

"The economy is not that bad," Mr Prateep said. "Interest rates are low and people remain confident in their income. The property market is improving and will be better in 2010."

Given the improved sentiment, most of the company's new launches will be in the first quarter next year. It plans to launch a condominium project in Phuket in December on a four-rai site with 600 units worth 900 million baht.

Next weekend it will launch two condominiums worth a combined 3.9 billion baht. One will be located on an 8.5-rai site on Ratchayothin Road opposite SCB Park that the company bought from SCB four months ago.

The project will comprise 800 units sized between 32 and 66 square metres and priced at 54,000 baht a square metre on average, starting at 1.9 million baht.

Another development, worth 1.5 billion baht, will be located on a 3.5-rai site near the Asok-Ratchadaphisek intersection. The project will consist of 500 units sized between 34 and 63.5 sq m and priced at 56,000 baht a sq m on average.

"We will launch these projects together to cut marketing costs by 20%," said the company's deputy managing director, Atip Bijanonda.

"We can share sales brochures and have a bigger impact on the market."

In the past two weeks, the company has introduced the two projects to its existing customers to give them the privilege of choosing a unit first as well as a discount of at least 10,000 baht on each unit.The company expects to have sales of 50% on the launch date with 20% booked by existing customers. The projects should be sold out by the end of the year, said Mr Atip.

Supalai has also approached large corporate customers near the projects. For the Ratchayothin project, it gave SCB staff a 10,000 baht discount to book a unit.

Supalai reported a nine-month net profit of 1.81 billion baht, an increase of 113% from 854 million baht in the same period last year, on sales of 6.95 billion baht, up 51%.

Third-quarter net profit rose 187% year-on-year to 587 million baht, on sales of 2.29 billion baht, up 69%

The company had a sales backlog of 2.48 billion baht to be realised in the fourth quarter, while net gearing declined from 92% in 2008 to 63% as of the end of September.

Shares of Supalai (SPALI) closed yesterday on the Stock Exchange of Thailand at 6.00 baht, up 10 satang, in trade worth 35.58 million baht.



This 800-unit condominium on an 8.5-rai site on Ratchayothin Road opposite SCB Park is one of two projects, worth a total of 3.9 billion baht, that Supalai is due to launch next weekend. Units will start from 1.9 million baht and be priced on average at 54,000 baht a square metre.

[snookedbe]

it looks really big.