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Bangkok Bank's City Realty Unit Sees Profitable Niche in Thai Housing.

Bangkok Post (Bangkok, Thailand)

| November 05, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Kanana Katharangsiporn

Nov. 5--City Realty, the real estate arm of Bangkok Bank, will continue to focus on developing serviced apartments and condominiums in Bangkok next year after the launch of its I-House and Bangkok Garden developments.

President Chali Sophonpanich said the company had opened the I-House project, comprising two eight-storey condominiums, with a 400-million-baht investment in the current quarter.

The project, situated on Rama IX Road and targeted at expatriates, consists of 300 units for sale at prices starting from 900,000 baht each.

The company has already sold one-third of the units and expects to ...

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