Tall & Urban News

Paul Nie, Regional Sales & Marketing Director of Risland (Thailand), said the property market in 2020 faces many challenges such as the global economic downturn undermined by the trade war that has affected many countries including Thailand, the baht which keeps getting stronger, and the Covid-19 outbreak which has been aggravating the economic slowdown. Risland has developed 15 properties in the US, New Zealand, India, England, Vietnam, Indonesia, and Thailand with a  combined value of around Bt100 billion. 

Risland launched two projects: CLOUD Thonglor-Phetchaburi, which is now over 50 percent sold, and The LIVIN Phetkasem, which has received a good response with ฿700 million (US$22 million) in booking for the first phase worth ฿750 million (US$23 million). 

CLOUD Residences - SKV23 is a 43-story high-rise condominium located in the heart of Asoke on Sukhumvit 23 and is the first project to launch in 2020. Located near both BTS Green Line and MRT Blue Line, the neighborhood is a lifestyle hub surrounded by offices, hospitals, and leading educational institutions. 

This project occupies 1,400 square meters, featuring all-inclusive facilities such as swimming pool, jacuzzi, rest area surrounding the swimming pool, yoga room, sky lounge, co-working space, a meeting room, and over 1,000 square meters of green area. 

For more on this story, go to The Nation Thailand.