Thailand-Property

THB50m price for MahaSamutr

Pace Development has revealed that villa prices at its MahaSamutr development in Hua Hin, Thailand, (pictured) will start from THB 50 million.

The developer of the MahaNakhon high-end mixed-use development, unveiled its MahaSamutr Villas Hua Hin, a resort that will offers a blend of luxury and relaxation, featuring scenic view of MahaSamutr Lagoon.

Villa owners will enjoy lifetime memberships and services at MahaSamutr Country Club, and the first phase of villas will be ready to move in during the fourth quarter of this year.

Sorapoj Techakraisri, Chief Executive Officer of Pace Development Corporation said there has been a big growth in real estate development in Hua Hin as it is a popular resort destination with a close proximity to Bangkok.

“MahaSamutr” consists of the MahaSamutr Villa project, a cluster of 80 exclusive luxurious villas, and the MahaSamutr Country Club , the first and only private members-only club in Hua Hin which
was unveiled in 2015.

“We want to give Hua Hin a different experience, thus we develop a world-class standard country club complete with Asia’s largest man-made turquoise Crystal Lagoon, and private luxury resort villas all in a single location. The villa owners will enjoy the experience and true meaning of relaxation thanks to these three components.”

Each villa will have four-bedrooms, five-bathrooms and a maid’s room, complete with parking for three cars. Currently sales of MahaSamutr villas stand at 40 percent.

In addition to the MahaSamutr development, Pace currently has two residential properties under construction, namely The Ritz-Carlton Residences, Bangkok at MahaNakhon and Nimit Langsuan. Total sales worth a combined value of approximately THB 22 billion can be recognised over the next three years (2016-2018), beginning this year, is said.

The company has backlog worth a total of THB 14 billion. The company recently announced a new residential development on Naradhiwas-Rajanakarin Road, while an investment plan in Niseko, a famous ski resort town in Hokkaido in Japan, is also under consideration.