How are Residences at MahaNakhon Sold?
The Ritz-Carlton Residences, Bangkok at MahaNakhon are sold freehold. Both Thais and foreigners may purchase Residences, which range from 2 - 5 Bedrooms.
What Is PACE Development’s Stock Market SET Ticker?
PACE Development Corporation PLC is traded under the ticker PACE.
What Is The Concept Of ‘MahaSamutr’?
MahaSamutr, “The Ocean”, Hua Hin’s first and only Country Club & Exclusive Luxury Villa development, built around Asia’s first and largest Crystal Lagoon and manmade beach. It brings you the sea and beach in a safe, private and controlled luxury environment, for year round family leisure and recreational activities.
Who Is The Technology Partner For The Lagoon Element Of MahaSamutr?
As an exclusive partner of MahaSamutr, Crystal Lagoons has created and developed a pioneering concept and state-of-the-art technology, which allows lagoons of unlimited size to be built and maintained at very low cost, anywhere in the world, operating in more than 50 countries around the world. Visit: https://www.crystal-lagoons.com
Where Is Location Of MahaSamutr?
MahaSamutr is located approximately 200km south of Bangkok, and around 4km from Hua Hin Beach, in Hua Hin Soi 112.
How Many Villas In MahaSamutr?
There are approximately 80 graceful, modern homes featuring bespoke design and features providing the best in waterfront living at MahaSamutr.
What Is MahaNakhon and What Does It Mean?
MahaNakhon, means ‘great metropolis’ in Thai. MahaNakhon is the name of Thailand’s tallest mixed-use real estate development which consists of 3 components:
- The Ritz-Carlton Residences, Bangkok, hotel branded super luxury Residences
- The Bangkok Edition, a luxury boutique hotel managed by the Ritz-Carlton Hotel Company
- luxury lifestyle retail including international brands such as Dean & DeLuca, L’Atelier de Joel Robuchon, and VOGUE Lounge plus an observation deck on the 77th floor
The name MahaNakhon comes from the Thai language name for Bangkok—Krung Thep Mahanakhon. As the tallest building in Thailand, the MahaNakhon building will be a landmark development for Bangkok.
How Many Residences Are There In The Ritz-Carlton Residences, Bangkok?
There are a total of 207 Residences consisting of two zones:
- Tower Residences (23rd-54th Floors) offering 2 Bedroom and 3 Bedroom Residences
- Sky Residences (57th-73rd Floors) offering larger 3 Bedroom Residences and 4-5 Bedroom Residences
Which Bank Provided Construction Finance For Ficus Lane?
Bank financing for Ficus Lane was provided by Siam City Bank.
Which Bank Provided Construction Finance For Saladaeng Residences?
Bank financing for Saladaeng Residences was provided by Siam City Bank.
Which Bank Is Providing Finance For MahaNakhon And The Ritz-Carlton Residences, Bangkok?
Bank financing for the MahaNakhon development is provided by The Siam Commercial Bank Public Company Limited (in syndication with TISCO Bank).
Who Founded PACE Development?
PACE Development was founded by Chotipol and Sorapoj Techakraisri.
Who Are The Developers of MahaNakhon?
MahaNakhon is a Joint Venture between PACE Development Corporation PLC (Thai public company) and Industrial Buildings Corporation.
Industrial Buildings Corporation (IBC) is a publicly listed global real estate company with a varied portfolio of property developments comprising industrial parks, offices, commercial and residential buildings. IBC is a part of The Fishman Group, a leading global investment group specializing in real estate, retail, media, telecommunications, industry and services, and venture capital. More information available here: www.building.co.il
Who Are The Developers Of MahaSamutr?
PACE Development Corporation PLC is the developer of MahaSamutr.
Who Are The Consultants For Hua Hin Country Club?
International Leisure Consultants (ILC) are Asia’s leading leisure, hospitality, spa, golf and recreation specialists. Having been involved in the private club sector in Asia and beyond for the past 25+ years, ILC bring a wealth of specialist knowledge and expertise as development and management consultants to the Hua Hin Country Club, with more than 40 outstanding clubs throughout Asia. Visit: https://www.ilc-world.com
When Will The Ritz-Carlton Residences, Bangkok Be Completed?
As Thailand’s tallest building, construction of MahaNakhon will be completed in two phases; MahaNakhon Cube which is the smaller commercial retail outlet component has been completed. MahaNakhon Main Tower includes The Ritz-Carlton Residences, Bangkok, The Bangkok Edition and further commercial retail outlets plus observation deck will be completed in 2016
Who Is The Main Contractor Of MahaNakhon Development?
The main contractor for construction of MahaNakhon is Bouygues-Thai Ltd., part of the worldwide Bouygues Group, a diversified French company employing over 100,000 people around the world, with core activities in building and civil works. Bouygues-Thai has built many of the tallest and most important buildings in Thailand over the past 30 years. More information available here: https://www.bouyguesasia.com
When will MahaSamutr be completed?
MahaSamutr Luxury Villas will be completed in 4th Quarter 2016.
MahaSamutr Country Club Sports Field will be completed in 4th Quarter 2017, while the Country Club will officially open in early 2018.
Who Is The Main Contractor For MahaSamutr?
MahaSamutr will be built by Thai Obayashi, as one of Thailand’s leading contractors, with a rich history, since founding in 1974, Thai Obayashi, with the support of the parent company, has served as a pioneer for the Thai construction industry. Visit: https://www.thaiobayashi.co.th
Who Designs the Buildings and Interiors for PACE Development?
Pace uses the best quality design teams for each development, to ensure the highest quality developments that are created to fit the lifestyles and purpose of the residents. Each property is created bespoke, to maximize the location benefits, while fitting the legal and physical constraints. Design briefs are given to a professional design team who create innovation in every development.
PACE prides itself on a record of introducing new trends. With Saladaeng Residences, PACE created Thailand’s first sky-lounge concept on the top floor to ensure maximum use of space for many of the smaller size residences. In Ficus Lane, 1/3 of the land area was set aside for public facilities, in Bangkok’s first low rise resort concept property.
In MahaNakhon, PACE is innovating with Thailand’s tallest building which features hotel branded Residences, innovative retail including new-to-market brands and a unique pixilated design concept.
MahaSamutr is equally innovative, and will feature Thailand’s first crystal lagoon and Hua Hin’s first Country Club.
Who Is The Interior Designer of The Ritz-Carlton Residences, Bangkok?
David Collins Studio is a highly renowned interior designer in London and New York, and the interior design of The Ritz-Carlton Residences, Bangkok is inspired by their work. As a multi- faceted design studio, David Collins Studio has designed numerous top end private residences, restaurants, and bars in London and New York, including projects such as The Blue Bar, Nobu, The Wolseley, The Connaught Hotel, Claridge’s Hotel, The London NYC and The London West Hollywood. More information available here: www.davidcollins.com
Can I Purchase from PACE Development Directly, or Do I Need to Buy Through a Real Estate Agent?
Pace Development uses both methods to sell property, for selected markets PACE uses exclusive agencies to best reach our clients, on a property by property basis; for any sales enquiry for any property, please contact us at +66 (0)2 654 3344 or https://www.pacedev.com/contact/.
Which PACE Development Properties Are Currently On Sale?
Pace Development is currently selling The Ritz-Carlton Residences, Bangkok at MahaNakhon. Ficus Lane and Saladaeng Residences are both effectively sold out, but selected residences in both developments are available from time to time. You are welcome to contact us to find out more.
PACE has launched MahaSamutr and Hua Hin Country Club, you are welcome to register here: https://www.mahasamutr.com
Can A Foreigner Purchase PACE Development Properties?
Yes, foreigners are able to purchase condominium property in Thailand. The Ritz-Carlton Residences, Bangkok in MahaNakhon is currently on sale and may be purchased by any nationality. Hua Hin Country Club when it goes on sale will also be available to both Thais and foreigners.
When Will MahaSamutr Ready To Be Sold?
The MahaSamutr unveiling of design was in late 2014, and shortly thereafter construction commenced.
MahaSamutr Country Club membership sales began in 2015 in Bangkok.
MahaSamutr Villa sales began in 2016 upon completion of the first Villas. Sold freehold, with services and management provided by PACE Development, worry-free ownership begins at MahaSamutr.