A joint venture property project between Harrison Plc and the Concord Property Group being marketed under the Bangkok Cannes brand, will yield 12,000 residential units in the city´s Pin Klao area, Harrison´s vice president has said.“With Concord Group´s intention to develop a large residential area, Bangkok Cannes is built on this similar concept, which has been highly successful in Shanghai,” said Kittisak. “Thailand is considered a country with high growth potential so Concord Group is interested in continuously making long-term investments.”The development, due to be constructed on a 60-rai plot on Charan Sanitwong Road, is to be made up of a condominium, a plaza, a shopping complex, and a large residential section comprised of some 12,000 units. The project´s proximity to the new MRT line, which will be just 200 metres away, is expected to be one of it´s key selling points, Kittisak has claimed. 2,700 condominium units will be constructed during the development´s 27-billion-baht first phase. The company, which has reserved 300 units, says it expects to generate a number of early sales.
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