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Hong Kong investor to launch luxury Jomtien Beach, Thailand, project.

Bangkok Post (Bangkok, Thailand)

| December 01, 2004 | COPYRIGHT 2004 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: 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 ...

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