Kingdom Property has signed a contract with Bouygues Thai that will see the international construction company build the Thailand-based real estate developer’s highly anticipated debut project, Southpoint Pattaya.
Located in the Pratumnak Hill area of South Pattaya, the piling of Southpoint by Thai BAUER will be completed this month after which the construction will begin as the fast selling development moves forward towards its completion date at the end of 2015.
The appointment of Bouygues Thai further reinforces Kingdom Property’s commitment to quality by utilizing a company behind many of Bangkok’s most iconic buildings, including The River as well as MahaNakhon which at 77-stories is destined to be the tallest building in Bangkok, housing the city’s most expensive condominiums in the Ritz Carlton Residences.
Moreover, it brings together two of the most respected players in Thailand’s property industry, Kingdom Property Chief Executive Officer Nigel Cornick and Bouygues Thai Managing Director Jean-Marie Verbrugghe who have worked together on numerous well known projects beginning in 2003 with The Lakes Bangkok.
Mr. Cornick said he was delighted to once again be joining forces with Bouygues Thai in Pattaya after working with the company on notable projects like The River Bangkok and Northpoint Pattaya during his time as CEO of Raimon Land.
“We are very fortunate with our relationship with Bouygues. It is not an accident or borne out of any necessity for them to build a project in Pattaya like ours – but more of a long-term relationship based on trust and a win-win philosophy where the combination of core values unite and create a partnership than creates value, efficient delivery and quality of product in the most challenging of environments,” said Mr. Cornick.
“Pattaya retains great potential, not only in the residential but also in the hotel and mixed use sectors, and with the right partners, locations and a focus on developing high quality products we expect to continue the success we have had here since I launched Northshore in 2004,” he added.
Bouygues Thai Managing Director Jean-Marie Verbrugghe said that he was pleased to be working with Mr. Cornick again and looked forward to a long and fruitful relationship with Kingdom Property.
“It is a great opportunity for us to work with Nigel and his excellent team at Kingdom Property who value dedication to quality and commitment to professionalism as much as we do at Bouygues Thai,” he said.
Bouygues Thai, which has been appointed under a ‘design and build’ arrangement and as such has been coordinating the design process, is the latest addition to the impressive team working on Southpoint Pattaya. It includes Thai BAUER (piling), SODA (project designers), The Beaumont Partnership (project designers), Colin K. Okashimo and Associates (landscape) and Meinhardt (MEP and structural engineering).
Southpoint Pattaya is located on a four rai freehold plot a short distance south of Bali Hai in Pattaya City, on an elevated site on Pratumnak Hill, offering extensive sea views and within walking distance of the Royal Varuna Yacht Club. Project finance has been provided by Krung Thai Bank, Thailand’s largest financial institution.
Unit sizes at Southpoint Pattaya start from studios of 30sqm with one-bedroom units ranging from 41sqm to 87sqm and two-bedroom units ranging from 61sqm to 97sqm. The condominium includes a dedicated sky deck with an infinity edge lap pool and fitness centre along with a landscaped family zone featuring a children’s pool and playground.