Termsub switches to condos | Bangkok Post: business

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Termsub switches to condos

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Rayong-based property developer Termsub Group has shifted its focus from low-rise houses to condominiums to serve strong demand spurred by the relocation of factories to industrial estates in the eastern province after the 2011 floods. 

The eight-storey Wisdom Grandiose, located on a seven-rai plot on Ratch Chumpol Road in Muang district of Rayong, has 330 units ranging in size from 29.5 to 48square metres, while prices will range from 1.6 million to 4.5 million baht.

President Pisit Ramnuch said the number of new factories on the Eastern Seaboard Industrial Estate in Pluak Daeng district has doubled since the floods, with most in the auto-parts industry.

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