“Villa Asoke” draws hot response 70% sold within a day

Mr. Soammaphat Traisorat, CEO and MD of TCC Capital Land, disclosed that the company has been successful with the presales of its latest condominium “Villa Asoke” on 26 September. The project has received an overwhelming public response. 70% from 408 units in the 1st phase were sold within a day. “We have received a very good feedback from buyers. Before the presales day, over 1,500 people registered their interest online via the company’s website. Last Saturday, 300 queues were drawn to select and purchase units of Villa Asoke., said Soammaphat.” Mr. Soammaphat said there are some indicators for improved economic situation and positive signs that property market will revive. It is noticed that Villa Asoke has been well received by the market, both from investors and real buyers. Some customers chose our special promotions such as get 3% discount when booking 10 units under the same name. Meanwhile, existing customers are continuously confident in our project and enjoyed our special offer of 2% discount for every unit. “After TCC Capital Land has been successful with 70% sold in the 1st phase, the company plans to launch the 2nd phase soon. We are confident that the 2nd phase will receive good response by the market like the 1st phase since there were buyers who already registered their interest on the presales day., added Soammaphat.” “The selling-points of Villa Asoke cover every aspect, including its modern design, functional useable space, premium materials, and especially the expedient location right next to the MRT subway (Petchburi Station), with an easy connection to the BTS skytrain (Asoke Station) and Airport Rail Link which will be ready soon for the service operation. Furthermore, selling unit price starts about 75,000 Baht per square meter, complemented with special promotions for customers. Villa Asoke, therefore, offers buyers the best value for money. The property answers the market need to find a quality residence with good place and reasonable price.”, said Soammaphat. Villa Asoke, worth over 3 billion baht, is a good-class condominium located in the heart of Bangkok City, on Asoke-Petchburi Road. The project is designed under the concept “New York – Art Deco” which captures a unique blend of contemporary architecture. The development, which sits on more than 4-rai site, will have a total of 525 units housed in a 42-storey residential condominium. Price starts at Bt2.99 million for 1-bedroom unit. Buyers have a varied choice of 1-bedroom, 1-bedroom duplex, 2-bedroom, 2-bedroom duplex and 3-bedroom layouts with sizes ranging from 40 to 150 square meters. Located in the CBD area close to Petchburi MRT Station, Villa Asoke is only minutes away from business areas Asoke and Nana and also major shopping malls like The Emporium, Panthip Plaza, Central World, Siam Square and Siam Paragon, all the Bangkok’s trendiest shopping and entertainment areas. Other established amenities in the vicinity include schools, universities and hospitals. To date, TCC Capital Land has officially launched 6 condominium projects with success - Athenee Residence on Wireless Road, Villa Rachakhru on Paholyothin Road and Villa Sathorn on Krungthonburi Road fully sold out; The Empire Place on Narathiwat Road, The Emporio Place on Sukhumvit Soi 24, Villa Rachatewi on Phayathai Road almost 100% sold. In the future, the company plans to launch 2 projects: North Park Place on Vibhavadi-Rangsit Road and The Royal Residence, the super luxurious detached-housing project on Kaset-Navamin Road. Photos Villa Asoke 1 - Mr. Soammaphat Traisorat (2nd from left), CEO and MD of TCC Capital Land, presided over the ribbon cutting ceremony for the company’s latest condominium project “Villa Asoke” on Asoke-Petchburi Road. The presales was opened at Sales Office on 26 September 2009. Villa Asoke 2- 6 - A crowd of customers parading on the presales day to purchase units of Villa Asoke’s 1st phase which hit 70% sales volume within a day. About TCC Capital Land Limited TCC Capital Land is the joint-venture business between TCC Land and CapitaLand. TCC Land is the property arm of the TCC Group of companies, one of Thailand's largest business conglomerates. TCC Land owns a large portfolio of land banks, hotels, apartments, office buildings, shopping centers, convention centers and leisure related properties in Thailand. CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, the multi-local company's core businesses in real estate, hospitality and real estate financial services are focused in growth cities in Asia Pacific, Europe and the Gulf Cooperation Council (GCC) countries. The company's real estate and hospitality portfolio spans about 120 cities in over 20 countries. *** For more information please contact K. Manop, K. Chanokpim, K. Wilaipan at 02-344-6666 ext. 3310, 3036, 3037 Click for photo release at www.thaipr.net

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