With completion scheduled by end of 2010, Oriental Residence will be offering a new dimension of ultimate metropolitan living with a flagship of Oriental Residence, the residential masterpiece located ideally in the heart of Bangkok.
At Oriental Residence, our residents can enjoy the property’s prime location, modern city lifestyles, unmatched architecture as well as exclusively customized services and facilities. About 40% of the 44 condominium units have been already sold just during the soft-launch period.
The project is developed by Thai Contractors Asset Co., Ltd. (TCA), which was founded by active members of the Thai Contractors Association including the country’s well known major constructions firms like Nawarat Patanakarn Plc (NWR), Christiani Plc, CH. Karnchang Plc, Italian-Thai Development Plc, and many others.
According to TCA managing director Valaithip Charanachitta, the new joint venture is destined to manage and commercialize the plot of land, formerly leased from the Crown Property Bureau by the Thai Contractors Association of which office building was also located here. The previous lease contract ended in 2008 before being taken over by TCA.
TCA major ownership is held 80% by Italthai Group with more than 50 years of experience in Thailand particularly in the fields of construction, project management and hospitality, spanning from small properties, city hotel and resorts to five star internationally acclaimed hotels.
“It is the heritage of the Oriental name which our family would like to preserve and nurture.”. As a result both Oriental’s name and logo as well as business principles will be transferred for the new property. A fresh interpretation which will be expressing throughout our new property, we believe this project will meet the needs of our discerning customers looking for premium quality residence with full range of services and ultimate living comfort” added Valaithip.
Valaithip explained, “Oriental Residence is situated on one of Bangkok’s best locations on Wireless Road, which is easily accessible to major business districts, office buildings and embassies, including the US and the Netherlands for instance. Within this area, residents can enjoy unblocked view of the idyllic scenery and shady elegance along the Road.
“Oriental Residence offers an unmatched private sanctuary within a well-integrated complex that houses both lease-hold condominium and serviced apartments for long and short staying guests. Among its first-class amenities delivered 24 hours by our professional staff are housekeeping, room service, laundry service, concierge service, room maintenance, catering, flower decoration, valet and shuttle service and many more,” said Valaithip.
“Residents will be ensured they live with superior comfort and conveniences, and receive best value for money, which is in line with our commitment to transforming a luxury residential complex into Tomorrow’s Legend.
TCA general manager Worachit L. Chalermchaichana said, “Additional outstanding feature of the iconic development is its modern contemporary architecture designed by Plan Architect, who has expansive experience in luxury project design. It is inspired by the scenic, shady ambience along the Wireless Road. The building’s walls are made of specialized glass to give impressive reflection of trees on the road and the surrounding. Residents can also enjoy all the reflections both within the building and when looking through the walls, giving them a feeling of relaxation.
When complete, we expect Oriental Residence will become one of Bangkok’s architectural landmarks complementing the relaxing atmosphere of the Wireless Road.”
The landmark tower, which is 32 storeys high, will have 145 units of serviced apartments on its 6th — 21st floor, and 44 condominium units on the 22nd — 31st floor. Condominium configurations include 13 one-bedroom (56-67 sqm), 27 two-bedroom (81-128 sqm) and 1 three-bedroom (190 sqm) units, and 3 penthouses (201 — 296 sqm). There will also be an exclusive deck and swimming pool on 32nd floor for residents of the condominium in addition to common facilities on the ground floor up to 5th floor for residents of serviced apartments to enjoy swimming pool, caf? & restaurants, business center, residential lounge, library, conference room, sky touch terrace, fitness center, sky garden, children’s club, spa and wireless in common area. Parking lots are available on the four-storey basement with parking capacity of over 200 vehicles.
Mr. Worachit added, “Construction started in 2008 and is now on progress of underground work. It is estimated to be completed by end of 2010 and will be ready to move in by early 2011.”
“An exclusive soft launch was recently held with selected VIPs invited to the project’s preview. It received a good sales response with about 40% of the 44 condominium units have been already occupied. We project to sell 80% of them by the end of this year, and another 20% upon completion. Prices for the condominium starts from Bt160,000 per square meter.”
“Our upscale condominium is targeting at the high-end market comprising of locals and expatriates who are looking for a higher standard of living and comfort. Ambassadors and diplomatic commissioners, high-profile executives, specialists and designers are among our target customers,” said Valaithip.
For more information, please contact:
BrandComm Consultants Co., Ltd.
Ms. Pailin Buranamittranond /
Ms. Saovarin Thongthad
Tel. 02 642 9620 Fax. 02 642 9622