A ‘Fine’ new condo for Ekamai

The Ekamai area of Bangkok is set to get a new development.

Presales for The Fine Bangkok Thonglor-Ekamai (pictured), a joint venture development, will start on June 2 and June 3, with the developers expecting more than 60 percent of the 220 units to be sold during the weekend.

The Fine Bangkok Thonglor-Ekamai in Ekamai Soi 12 is set to be a luxury condominium project featuring a 31-storey tower and 220 units ranging in size from 34.5 sqm to 92 sqm, and with prices starting from THB 5.5 million.

For the area these prices would appear to be slightly under average. Some parts of Bangkok further from the centre of the city are currently selling at higher per sqm prices.

It is being developed with the concept of ‘Luxury Modern Japanese’ and include an automatic parking system that aims to maximise car parking space by up to 70 percent.

This will be the first overseas joint venture project for Japanese company Keiham Real Estate.

Yoshihisa Doumoto, Chief Executive Officer of Keihan Real Estate, said: “We are really pleased to have a first overseas joint venture project development in Thailand with Sankyo Home (Thailand).”

“We hope to bring our knowhow delivering the sense of living in quality and neat condominiums as we have done in Japan.”

Presales for the project will mainly target new generations aged between 30-40-years-old, and high-ranking executives who have a vision for housing and a long-term investment.

Bangkok real estate agency Plus Property is the sales and marketing agency for the development.