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Baht/$ 34.34/41 (Bid/Ask)
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GOLD |
14450
+350
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The property developer SL Estate Co Ltd plans to launch a condominium worth 300 million baht in Khao Tao, Hua Hin on Saturday.
Managing director Surin Ongvasith said the Hua Hin market still had potential despite local political problems and global economic worries as demand was good from affluent Thais as well as expats familiar with local politics.
The four-rai Amara condominium site will have 97 units sized between 40 and 149 square metres and priced at 74,000 baht a sq m on average. Construction will start early next year and be completed by the end of 2010.
The company expects to close sales within six months, based on the good response to other developments in Hua Hin recently, he said.
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