PROPERTY
Grand U readies five projects worth B5bn
- Published: 15 Mar 2013 at 00.00
- Newspaper section: Business
Condominium developer Grand Unity Development Co (Grand U), the property arm of the Sirivadhanabhakdi family, plans to launch five new projects worth a combined 5 billion baht this year.
Managing director Neramit Srangiam said most of them will tap the lower-priced segment with unit prices between 1.5 and 2 million baht or about 60,000 baht per square metre, while unit sizes will be at least 30 sq m.
"We will not develop condos that are 26 sq m like we did the past two years, as this size is not liveable for consumers," he said.
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