Bangkok, Thailand – 1 December 2016 – Country Group Development PCL., developers behind the ultra-luxury, mixed-use development project, Chao Phraya Estate has announced that its sales performance continues to exceed expectations for the iconic Four Seasons Private Residences Bangkok at Chao Phraya River, with a staggering total of over 732 million baht closing sales revenue following two recent private overseas exhibitions in Hong Kong and Taiwan.
The exhibitions took place at Four Seasons Hotel in Hong Kong and Farglory Financial Centre in Taipei, marking the company’s first time breaching into the Taiwanese market. CGD reveals that units sold during Taiwan’s private exhibition Centre has generated approximately 312 MB in sales revenue and an astounding 420 MB at the Four Seasons Hotel in Hong Kong achieving an accumulated total of 732 MB.
Following CGD’s record breaking sales of THB 700 MB in a 2015 roadshow in Hong Kong, the company remains confident that there continues to be high potential demand from surrounding Asian markets for unique and ultra-luxury projects in Bangkok. This highlights that overseas roadshows are an integral part of the brand’s sales strategy.
“We knew there was a remarkable amount of potential in Taiwan and Hong Kong, but I am overwhelmed with the response we’ve received from our recent trips”, said Country Group Development, CEO, Ben Taechaubol. “This has been CGD’s first time entering the Taiwanese market, the people were immediately drawn to the idea of an urban resort concept and the merging of Thai hospitality and Four Seasons service. In Hong Kong however, it has been our second exhibition and we could not have been more pleased with the results. This proves that demand from international buyers and investors are more than relevant”.
With the Chao Phraya Estate scheduled for completion in 2018, the landmark project will include three iconic properties; Capella Hotel Bangkok, Four Seasons Hotel Bangkok and the 73-storey, Four Seasons Private Residences Bangkok. Construction progress of all three components is moving forward on schedule. Within February 2017, owners will see the Residences structure reach twenty storeys and a completed structure of the Riverfront Bar, located on the Lower Ground Floor.
Four Seasons Residential Sales Gallery is situated on the development site at Soi Charoen Krung, 64 Charoen Krung Road, Yannawa Sathorn. For further information, please visit chaophrayaestate.com.