Introducing a New Class of Luxury Living in Thailand



MR Sukhumvit Ltd. announced the launch of the prestigious Millennium Residence @ Sukhumvit today. Nestled in the heart of Bangkok, this exclusive freehold condominium is set to introduce a new league of sophisticated living in Thailand..

Mr Suchad Chiaranussati, Managing Director of MR Sukhumvit Ltd. said, 's8220;Millennium Residence @ Sukhumvit is a luxury condominium in a class of its own, attractive to well-placed families both Thais and foreigners accustomed to the finer things in life. Indeed, they will be able to enjoy an uncompromised city lifestyle in a central location, in generously spaced compound, complete with the best quality finishes and features, amidst a beautifully designed lush natural landscape with water features. The condominium units will have unparalleled panoramic views of Bangkok's8217;s skyline, including the famous Benjakitti Park and Lake, and a glimpse of the Chao Praya River.'s8221;

's8220;MR Sukhumvit sees good growth potential in Thailand's8217;s property market. With our experience in the real estate industry, we are confident that the demand for high-rise condominiums in the Sukhumvit vicinity remains very strong, especially so for those adjacent to the BTS or MRT stations. They are well sought after by modern urbanites who seek a quality cosmopolitan lifestyle. Most developments in Sukhumvit focus on small units. However, we believe there is demand from end-user families who want to live in a more spacious size of two- to three-bedroom unit Therefore, MR Sukhumvit Ltd. targets sales at 2 billion Baht for its first six-months, with a project value of over 8 billion Baht,'s8221; Mr. Suchad added.

Mr Chia Ngiang Hong, Group General Manager of City Developments Limited (CDL) said, 's8220;CDL is participating in this prestigious landmark project as the overseas development consultant of Millennium Residence @ Sukhumvit. With over 40 years of experience in this business, and a leader in developing high-end luxury condominiums, we can bring much synergy and value-add into this very positive working relationship.'s8221;

The stunning Millennium Residence @ Sukhumvit ( http://www.cbre.co.th/cbre_thailand/PropertyDetail.aspxPropertyID=606&WT.mc_id=50004 )is set to become Bangkok's8217;s newest iconic landmark, dramatically altering its city skyline. It was designed in conjunction with the internationally renowned innovative design firm, Atkins Design Group.

Millennium Residence @ Sukhumvit comprises four 51 to 53-story exquisite 's8220;orchid petal-shaped's8221; towers with 604 units in total, covering a sprawling land area of over 12 rai 3 ngan 6 square wah or 20,424 square meters, making it one of the largest freehold sites in Sukhumvit. Located between Sukhumvit Sois 16-20, it is accessible from the main roads of Sukhumvit, Rama 4, Asoke and New Ratchadapisek.

All units also come equipped with kitchen cabinets and equipment, wardrobes for all bedrooms and air-conditioning. Residents may also spend time enjoying the well-designed clubhouse and recreational facilities which include a swimming pool overlooking the lush landscaping, tennis court, jogging track, gymnasium, a sauna and steam room, games room and a playground for the children. Prices range from 6.6 million Baht to 21.7 million Baht for one- to three-bedroom units, while for the penthouses, prices range from 30 million to 90 million Baht.

M.R. Chatu Mongol Sonakul, Chairman of M.T.R. Asset Managers Co., Ltd said, 's8220;M.T.R. is the project coordinator in Thailand, responsible for organising the development. Piling has already begun in May 2006 and the project is expected to be completed by November 2009.'s8221;

's8220;To be launched in two phases, sales will start with Towers A and B. All four towers are scheduled to be completed at the same time. There are also plans for the development of an integrated community complete with proposed restaurants and retail stores within close proximity for easy access for residents,'s8221; M.R. Chatu Mongol added.

CB Richard Ellis (Thailand) Co., Ltd., the international property consultant has been appointed as the sole marketing agent for Millennium Residence @ Sukhumvit. For more information or for viewing of the show suites, please call +66 2663 7555 or visit http://www.cbre.co.th/cbre_thailand/PropertyDetail.aspxPropertyID=606&WT.mc_id=50004





Introducing a New Class of Luxury Living in Thailand