PRE – Sukhumvit Park 24 Residential Development – Bangkok - Project Profile

Synopsis


"PRE Sukhumvit Park 24 Residential Development Bangkok - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "PRE Sukhumvit Park 24 Residential Development Bangkok - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary


Proud Real Estate Co., Ltd (PRE) is undertaking the Sukhumvit Park 24 Residential Development project in Bangkok, Thailand.

The project involves the construction of six towers comprising five residential towers comprising total 2,076 condominium units and one commercial tower on 2ha of land. The project is being developed in two phases.

First phase involved the construction of three towers comprising two condominium towers 51 floors with 833 units and 29 floors with 533 units and a two-story commercial tower.

Second phase involved the construction of three condominium towers comprising 50 floors, 40 floors and 30 floors.

The project includes the construction of retail units, 622 parking lots and related facilities and the installation of elevators, safety and security systems.

In December 2013, the study of Wind Tunnel Test was completed; it aims to ensure the safety of the building structure from wind load impact.

On February 17, 2014, the Environmental Impact Assessment (EIA) study report was submitted.

On September 25, 2014, National Environmental Board gave approval for Environmental Impact Statement (EIS).

Stonehenge Co. Ltd has been appointed as the construction contractor and Dennis Wee Realty Pte Ltd as leasing consultant for the project.

Construction works commenced in October 2014.

As of April 2017, structural works on second and third tower has been completed; construction works on second tower are 80% complete; construction works on third tower are 40% complete;Tower 4s four underground parking floors are completed and is in the process of preparing the construction of 8th floor;Tower 5s structure construction has completed and Tower 6s structure construction has reached 37th floor.

In the third quarter of 2017, construction works on the first phase completed.

Construction works on the second phase are underway with completion anticipated by the second quarter of 2020.

Scope


The project involves the construction of six towers comprising five residential towers comprising total 2,076 condominium units and one commercial tower on 2ha of land in Bangkok, Thailand.

The US$335 million project includes the following:

1. Construction of three towers in first phase

2. Construction of two condominium towers of 51-floors and 29-floors in first phase

3. Construction of a two-story commercial tower in first phase

4. Construction of 1,366 condominium units in first phase

5. Construction of three condominium towers in second phase

6. Construction of 50-floor, 40-floor and 30-floor towers in second phase

7. Construction of retail units

8. Construction of 622 parking lots

9. Construction of related facilities

10. Installation of elevators

11. Installation of safety and security systems

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Table of Contents


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix


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