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Byline: Somporn Thapanachai
Dec. 1--Wise Power Group, a new venture headed by Hong Kong investor Eric Lai, is poised to launch its first two-billion-baht condominium and villa complex, Le Royale Beach on Jomtien Beach south of Pattaya, aimed at tapping the high-end market.
Mr Lai, one of the investors behind the Empire Tower and SV City projects in Bangkok, has been looking for more investment opportunities in Thailand.
After spending over a year studying the potential for condominium investment in Bangkok and Pattaya, he decided on a premium project in Pattaya where the property market is starting to boom. The Bangkok market, particularly for ...