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Bangkok Bank Extends Funds to Property Firm.
Aug. 6--Bangkok Bank has approved a 725-million-baht loan facility to property newcomer KE Land with funds to be used for pre-financing on the Crystal Park project in the Ekamai-Rarm Intra area.
The two-billion-baht Crystal Park project is being positioned as Bangkok's "Beverly Hills". The homes are aimed strictly at the high-end of the market with unit prices ranging from 16 million to 60 million baht.
Roads within the estate are 16 metres wide, with all electrical wiring located underground. The 57-rai site has 98 homes overall, with internal space ranging from 395 to 800 square metres.
Kaveepan Eiamsakulrat, managing director of KE Land, said a model home would be completed in December. Pre-sales have already begun, he added.
"Even though many developers have begun focusing on the high-end of the market, we are confident that demand remains in this segment, particularly among homeowners currently living in the outer suburbs or in luxury condominiums in the city," he said.
Ladavan Tanatanit, an executive vice-president of Bangkok Bank, said the loan had a three-year term and was priced at prime rates.
Bangkok Bank had earlier given support to KE Land's Crystal View project, a three-rai, 36-townhouse project.
- BBL extends B725m to KE Land.
- News wire article from: Asia Africa Intelligence Wire August 6, 2003 700+ words
...at prime rates. Bangkok Bank had earlier given support to KE Land's Crystal View...townhouse project. Bangkok Bank will also offer...said that despite KE Land's relative inexperience in the market, Bangkok Bank was confident about...
- Thailand: KE Land moves into retail property development.
- News wire article from: Thai Press Reports October 6, 2006 700+ words
...Reports) Section: Corporate News - KE Land spends Bt600m on The Crystal, The Nation reports. Residential developer KE Land will move into the retail property...Ram-Indra Road named The Crystal. KE Land managing director Kaveepan Eiamsakulrat...
- KE Land plans to build mall.
- News wire article from: Asia Africa Intelligence Wire August 31, 2004 700+ words
...Press Reports) Section: Business News - KE Land, a high-end residential developer...neighbourhood mall worth 400 million baht. KE Land executive director Supanavit Eiamsakulrat...pushes through, the move will enable KE Land to compete directly with other neighbourhood...
- Thailand: KE Land Co. to develop 3 upscale projects on Eakamai-Rarm Intra Road.
- News wire article from: Thai Press Reports October 5, 2006 700+ words
...Corporate News - The luxury developer KE Land Co will spend four billion baht to develop...Crystal complex at a briefing on October 3. KE Land says 80% of the retail space has already...be completed in six years, he said. KE Land expects to realise 1.3-1.4 billion...
- KE Land says townhouse project selling well.
- News wire article from: Asia Africa Intelligence Wire March 19, 2003 700+ words
...complex Crystal Ville, on Ekamai-Ramintra Road, is proving to be a success for developers KE Land with 70 percent of the units already occupied. KE Land managing director Kaweepan Aeumsakulrat said that because of the success of Crystal Ville...
- KE Land taps Rarm Intra growth.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) October 4, 2006 700+ words
...Byline: Kanana Katharangsiporn Oct. 4--The luxury developer KE Land Co will spend four billion baht to develop three property projects...the design centre would be completed in six years, he said. KE Land expects to realise 1.3-1.4 billion baht in revenue from...
- KE Land targets upscale housing projects.
- News wire article from: Asia Africa Intelligence Wire October 22, 2004 700+ words
...From Thai Press Reports) Section: Corporate News - Developer KE Land Co will expand into the ultra-luxury home building segment...least 800 square metres that take about 18 months to complete. KE Land's new venture will be supported by its team of 20 engineers...
- KE Land set to build 70-rai, B5bn Crystal Design Centre.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 9, 2007 700+ words
Byline: Kanana Katharangsiporn May 9--An ambitious five-billion-baht project is in the works by the developer KE Land set to develop the Crystal Design Centre on a 70-rai plot in the Kaset-Navamin area. Managing director Kaveepan Eiamsakulrat...
- KE Land set to develop three new projects worth B5.5bn.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 9, 2005 700+ words
Byline: Kanana Katharangsiporn May 9--Property developer KE Land Co Ltd plans to continue to develop projects in the Kaset-Navamin area, with three new ones worth a combined 5.5 billion baht...
- Thai property developer KE Land presents two-year plan.
- News wire article from: Asia Africa Intelligence Wire May 12, 2005 700+ words
(From Thai Press Reports) Section: Corporate News - Property developer KE Land Co Ltd plans to continue to develop projects in the Kaset-Navamin area, with three new ones worth a combined 5.5 billion baht...