Well-known eastern Bangkok developer Number One Housing Development Co has plans to build two new residential projects worth Bt1.1 billion.
The projects would be located next to its infamous Blue Lagoon project in Bang Na. The first new development would be a three-storey town home project worth Bt700 million, with each town home selling at Bt3 million per unit. The second project, made up of single-houses, will be worth Bt400 million, with each house running a price tag of Bt 4-5 million. Plans for the launch are set for this year.
Number One Housing Development Co´s sales figures have reached Bt400 million baht so far this year, with an expected revenue of Bt800 milllion by years end from its Blue Lagoon project. The company has already sold around 120 units of the first phase of single houses in Blue Lagoon. There are 40 units left in the first phase, and the 100 units that make up the second phase will begin selling soon.
Number One Housing still has a land plot near Ramkhamhaeng University´s Bang Na campus that might be developed as rental apartments.