Pace readies 'bare shell' condo project - News Summed Up

Pace readies 'bare shell' condo project


Buyers can decorate to their own tasteSET-listed Pace Development Corporation Plc plans to launch a pre-built condo project, Windshell Naradhiwas, worth 3 billion baht, with 36 bare shell units in October this year. Chief executive Sorapoj Techakraisri said the project will likely be the first new high-end condo in Thailand where all units are a bare shell. The Lang Suan project situated on a 2.5-rai plot will have 176 units worth 8 billion baht, of which 166 units worth 6.9 billion baht have sold. Pace also has 16 units worth 1.43 billion baht remaining for sale at MahaNakhon The Ritz-Carlton Residences, a luxury condo project near Chong Nonsi BTS station. As of the end of 2018, its interest-bearing debt had decreased to 13.6 billion baht from 20.2 billion baht in 2017.


Source: Bangkok Post July 18, 2019 23:41 UTC



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