With the Phuket residential market after a few months of lull again heating up with huge demand from expats, new entrants in the market are coming up with some good developments. One such developer, Bangkok-based Able Asset developer group has now announced plans to launch a billion baht, low-rise condominium project on a centrally-located parcel of prime Phuket real estate.
Being seen as one of the biggest project of its kind on the island, the Centrio Condo development, situated just opposite Central Festival Phuket on Vichit Songkhram road, will spread across an area of 2,100 square meters and will comprise three eight-storey buildings with a total of 504 units.
Construction of the development is slated to start soon and is scheduled to be completed by the end of 2014-early 2015. After that the developer will allow two months to make any corrections to the development and then will start the unit transfers.
Situated in the heart of Phuket, Centrio promises to support all lifestyles as it is located near department stores, restaurants, hospitals, schools and even a sports stadium. Meanwhile it provides a choice of unit types to suit every person’s needs.
Dwelling on the location advantage of Centrio, Kasidit Manopinives, managing director of Able Asset Co Ltd recently told the media: “It’s a very prominent location. We called it Centrio because it is central to everything – shopping and nightlife. It took us a long time to negotiate for this site.”
“We like to offer a lifestyle not just a building. We want it to be a place where people can relax… and I personally see Phuket as a more international area that has more potential to grow,” he added.
Offerings and Pricing:
The 1 and 2BHK condos ranging in area from 30 to 60 square meters are priced from 1.49 million baht (48,500 baht per square meter).
- A common area
- Golf putting green
- Swimming pool
- 24-hour security system with key card access.
About the developer:
Bangakok-based Able Asset group is a group of experienced professionals in property development. Today the company is looking at areas in Thailand which have a lot of potential to grow, especially in major towns like Phuket, Hua Hin, Pattaya and even Udon Thani to launch their future projects. Incidentally, the company is soon going to launch at least one or two projects in Bangkok and Hua Hin. They are looking to launch a third development in Phuket Town in 2014, which will again be a condominium project similar to Centrio.
Currently the developer is offering certain offers like free mobile phones and complete furniture package on signing the contract. Their sales team can be reached at +66-82-4141222, +66-82-4141666 or via email at email@example.com. For latest updates on construction of the project you can also visit their website: www.thecentrio.com.
This article was updated on 23 October 2020