Developers of The Palm luxury condominium project on Wongamat beach have put pen to paper in a 1.3 billion THB deal with the Lock-BUILD Group for the latter to begin construction of the twin tower development in north Pattaya.
The Lock-BUILD Group is based in Bangkok and have many well known projects accredited to them in an impressive portfolio. They will be providing a ‘turnkey’ package for construction of The Palm’s 46 and 26 storey towers.
Winston Gale, co-developer of The Palm along with the acclaimed Nova Group, said: “This is our biggest contract signing to date on this project and it’s great news that we have now committed to a construction company and building work will begin as soon as the piling work is completed in June this year.”
Building work on The Palm project is expected to be completed in 3 years time. The 3.2 billion THB development is being constructed on a 5-rai headland site on Wongamat beach and will comprise 544 units in total with all units featuring direct sea views. The development offers a unique selection of layouts with typical units ranging from 32sqm to 96sqm.
Facilities at the site will include 24 hour security, a fitness center, laundry, swimming pool, spa & jacuzzi, restaurant, clubhouse, games room, kids playground, and landscape garden.
The combination of outstanding location and features plus value for money has seen a stellar sales performance with over 80% of the units sold since the project was launched in December 2010.