In a press release issued on Thursday, the company said the pre-launch, on November 8-18, met with success and achieved top sales for this event. More than 60 per cent of residences are sold with a total sales volume valued approximately at Bt626 million, the company said.

Pongphan Sampawakoop, the Chairman of Apex Development, said: “In accordance to Apex’s key strategy to focus on property development that yields the greatest benefit to tourism and investment, the Club Med Krabi Resort & The Residences project in Long Beach Krabi was born.

“This project is the first residence project in Asia that will be managed by Club Med for a 20-year period. The project site is located on Long Beach which is a beautiful and private beach, making it very suitable for the development of the exclusive Club Med project. It will be an outstanding magnet as the new tourist destination of the Krabi province.”

Xavier Desaulles, CEO East and South Asia & Pacific (ESAP), Club Med, said: “Club Med is the leading all-inclusive resort. Established in 1950, we now have more than 70 resorts in 30 countries worldwide. We are very delighted to collaborate with Apex Development to manage the Club Med Krabi Resort & The Residences in Long Beach Krabi that embodies the spirit of Club Med, as well as the beautiful natural scenery of the Andaman sea against the backdrop of island vistas such as Poh Da Island and Phi Phi Island.

“This makes the location ideal for diving and other water and land activities and a suitable location for tourism and the opening of the ‘2nd Club Med’ in Thailand since the opening of the Club Med Phuket over 30 years ago.”

The company said Club Med Krabi Resort & The Residences is a mixed-use development on a land area of 100 rai with approximately 300 meters of beachfront. Conveniently located only 30 minutes’ drive from the Krabi International Airport, the project comprises of 300 hotel guest rooms and 58 residence units of one and two-bedrooms with sizes from 79 to 155 sqm, featuring both Sea view and Lagoonview.

Price starts from Bt12.3 million for this freehold low-rise condominium, making it a rare investment opportunity for investors-buyers that likes to invest in resort projects that can generate both good short-term and long-term rental return from the Rental Management from Club Med for a period of 20 years.

Construction of the project is scheduled to begin in the 2nd Quarter of 2019 and completed in the 3rd Quarter of 2021.

“NHA also expects our financial result for the fiscal year 2018/2019 to also have continued growth,” he said.

 AIDC is an investment and construction joint venture led by Tang Charoen Group, developer of the Amari Vang Vieng, which opened early this year.

The Amari Vientiane will occupy a central Mekong riverside location at the intersection of Quai Fa Ngum and Khun Bu Lom roads, a short stroll from the city’s popular “night market street” and Chao Anouvong Park.

Vientiane’s other top city-centre attractions, including the Patuxay Victory Monument, Lao National Museum and Wat Si Saket, are easily accessible on foot or by tuk-tuk or fixed-route shared jumbos.

Featuring 250 rooms and suites in a 15-storey building, the Amari Vientiane will offer all the key Amari brand signatures, including service from Amari Hosts, the street market-style Amaya Food Gallery, Breeze Spa, creative meetings facilities and generous indoor and outdoor space designed for sharing and informal gatherings, ONYX said.

Other facilities include a specialty restaurant, an outdoor pool and fully equipped fitness centre.

“Beautiful Bangkok 2019: The Symphony of Happiness” will combine creativity with technology to project colourful, vibrant and imaginative works by seven leading Thai artists on Magnolias Ratchadamri Boulevard, to amaze and delight Thais and tourists during Christmas and New Year, with performances from December 18 to 31, MQDC chief executive officer Visit Malaisirirat said on Monday.

The show’s audience is expected to surge by 50 per cent, climbing from 600,000 people daily last year to 900,000 this year, he added.

Sansiri is committed to environmental protection through innovations towards the goal of sustainability, said chief operating officer Uthai Uthaisangsuk in an interview with The Nation recently.

Under the green concept, the company will reduce the level of CO2 emissions from its office by 10 per cent in 2022.

The realty developer’s 25,000-square-metre premises releases about 2,600 tonnes of CO2 a year, based on an estimate made last year,” he said.

In collaboration with BCPG Plc, a subsidiary of Bangchak Corporation Plc, solar panels are being installed for all segments of its projects  condominiums, single-detached houses, townhouses, and twin-houses.

31 projects were earmarked for the system till the end of 2019, of which installations have been completed at 13 sites, generating a total of 800  kilowatts per hour.

Wind turbines are also being set up for the company’s condominiums, scheduled for completion next year. The technology, owned by US-based Semtive, was first applied to the Line Phahonyothin project.

Despite the fact that alternative energy have yet to fully replace tradiฌtional power supply to our properties, it goes a long way to reduce the cost of electricity consumption for the residents, especially in public areas, he said.

The company has also adopted the ‘passive design’ model for its properties, focusing on the cooling effect of ‘wind flow’ to lower the temperature within a building by two degrees. It lessens the use of airconditioners at both high and lowrise properties , Uthai said.

Smart Move, another energy-saving initiative devised by the company, offers carpooling to condominium residents, using electric vehicles(EV) supplied by the company.

Furthermore, chargers for EVs are available at its latest condominiums and will be installed at all high-rise projects in the future.

Wastemanagement is a compaฌny policy since 2015 and it has been striving to reduce the amounts of waste in the building process.

“To minimise waste, we started with economising on raw material usage during construction. For example, to eliminate the practice of cuttofit in laying tiles on an area, the tile’s size is based on the exact measurement of the space to the millimetre. It reduces the number of tiles needed and represents a saving for the company in the long term,” he said.

Also, precasts are used in the construction of lowrise properties and part of condominium projects to minimise cement waste.

It is conducting a joint study with Siam Cement Group (SCG) to turn construction waste into earth blocks for growing plants in the gardens.

At the same time, machines for processing food waste into fertilisers have been delivered to its condominiums and office where staff were told to cut down on the use of paper.

“We will continue with the development of innovative technology under the green concept in line with our plan to reduce CO2 emission by 10 per cent in 2022,” he said, adding that a yearly budget of Bt40 million has been allocated for research and development.

The company is working on its business plan for 2019. However, the number of projects to be launched will be close to this year’s figures of 26 properties worth a total of Bt67 billion, Uthai said.

Chief executive Naris Cheyklin said that SPRIME’s initial assets will include 30-year leasehold rights on part of the land on which Suntowers office complex is situated and in conference, fitness, mechanical and electrical facilities, common areas and parking areas within the complex, as well as freehold interests in movables for the management of the complex, which will be acquired from Max Future, a Singha Estate subsidiary.

As of August 31, the complex’s occupancy ratio stood at 95.1 per cent.

The company’s financial advisor Ekkapob Makeguljai of Krungthai Bank said that a filing and a draft prospectus have been submitted for review to the Securities Exchange Commission (SEC) and the initial offering process is pending SEC approval.