Risland plans new developments in Bangkok and Phuket
PHOTO: Artist impression of the new Cloud Thonglor-Phetchaburi
Hong Kong-based property developers Risland Thailand say they will spend 8 billion baht launching five residential projects in Bangkok and Phuket.
The investment budget of 8 billion baht is an increase from 5 billion in 2018 and 3 billion in 2017, the first year Risland operated in the country.
From June to the end of the year, Risland will launch three new projects in Bangkok – Cloud Thonglor-Phetchaburi, a 55 storey condo on Phetchaburi Road; a luxury condo worth 3.4 billion baht on Sukhumvit Soi 23; and Phase 2 of Lake Serene, a single detached house project on Rama II Road.
Risland will also open a new condo project with 2,000 units near Bang Wa skytrain station.
In the first quarter of 2020, the company also plans to launch a hotel-branded residential project on Koh Sirey in Phuket with a selection of condos and villas.
Founded in 2017 in Hong Kong, Risland has projects in the US, India, Indonesia, New Zealand, Thailand and Hong Kong.
SOURCE: Bangkok Post
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