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SG MARQUE to tempt S'pore buyers

Property Here - Wednesday, November 13, 2013

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The growing trend that has seen some of Thailand’s leading condominium developments showcase to Singapore property buyers and investors is set to continue this weekend when ‘super luxury’ condominium MARQUE Sukhumvit (pictured) is exhibited in the city-state for the first time.

The project, developed by Stock Exchange of Thailand-listed Major Development, joins forces with CBRE to give potential buyers a glimpse of the 50-storey building in the centre of the Thai capital.

The showcase will take place at St Regis Hotel, Singapore, on Saturday November 16, and Sunday, November 17.

The development features a total of 149 residences with two- and three-bedroom apartments starting from 124 sq m, and penthouses up to 600 sq m. The project has already achieved pricing starting at THB32 million (S$1.28 million) during pre-sales to wealthy Thai families – which according to the developer is among the highest per sq m price in Bangkok.

Dr Suriya Poolvoralaks, Managing Director of developer Major Development Public Company Ltd, said: “We are creating a landmark on Sukhumvit that will be synonymous with the best of luxury living. MARQUE Sukhumvit will be the epitome of exclusive city lifestyle for the global elite in Bangkok, offering luxury features such as private elevators, golf simulator, chlorine-free swimming pool and detached walls where the units do not touch each other.”

The prestige factor is heightened by its location across from Sukhumvit 24 and beside Sukhumvit 39. The project is across the street from the Emporium shopping mall and a few steps away from the new EmQuartier (Emporium 2), and Bhiraj Tower, the first Grade A office building in Sukhumvit designed after 1997. It is also just a stroll from Phrom Pong BTS station.

Aliwassa Pathnadabutr, CBRE Thailand Managing Director added: “MARQUE Sukhumvit aims not only to be a statement of modern glamour, but also a community of congenial residents whose lives will be buoyed by being able to lead a charmed life in a location and style unmatched anywhere else in Bangkok.”

The developer has reported brisk early sales “due to limited supply of super luxury products and pent up demand for premium condominiums of larger sizes”.