"V Property Development", a new real estate development company, started doing real estate business about 10 years ago by developing "Surawong Place" and "Greenery Ville" village on Ramkhamhaeng Road. The company bought a serviced apartment, "V Residence", in Soi Sukhumvit 26 and took over "H Sukhumvit 43".

"I was part of Sapphire Holdings Group, one of Thailand's renown jewelry export company, which now have expanded in to real estate business." said Mr. Pornchai Lertananchoke, CEO of V Property Development, Co., Ltd.

Mr. Pornchai Lertananchoke, CEO of V Property Development, Co., Ltd

"We mainly want to develop projects around Sukhumvit, targeting areas close to BTS Phrompong and BTS Thong Lor. That is the reason we decided to buy "H Sukhumvit 43" from the former owner who experienced financial problems, to develop it further. Project construction is now complete and units are ready to transfer to customers. The project is 100% sold and customers are moving in already."

Mr. Pornchai added that: "We want to develop condominiums at affordable prices with good quality at the medium-hi-end. After H Sukhumvit 43, we are developing a new condominium, "V Tara 36", in Soi Sukhumvit 36. This time the concept is ‘an oasis in the heart of the city’. We aim to meet the demands of people who want to live uptown. Our customers will get a premium quality unit at price that is lower than the market price."

VTARA36

Soi Sukhumvit 36, Bangkok, 4 rai of land. Low-rise condominium, 8 floors, 5 buildings, 467 units. Unit areas of 28-78 sq.m. Starting price at 4.2 million baht. Current sold over 80%. Sales are expected to exceed the target at the end of this year with 100% Sold Out. Selling points include:

A big plot of land and convenient travel

The project is set on 4 rai of land with two entrances: from Soi Sukhumvit 36 which has BTS Thonglor near the mouth of the soi and around Rama IV Road which is a shortcut linking to Rama IV Road. Nearby  community malls including K-Village and Suan Ploen Market. Shopping, strolling around, finding good food or just taking the BTS to M District are all possible.

Meets the demand of people who want a single house

Most people want to live in a single house at the heart of Sukhumvit and near a BTS station but the land price is very expensive so it cannot be developed into single house. Therefore we initiated the project "V Tara 36" concept of a low-rise condominium ideal for privacy and relaxation so you feel as if you are living in a single house.

Medium-Hi End Condominium focusing on quality

Our concept is to develop high quality, affordable-priced projects at the medium-hi-end of the market. Materials must be better than others. Facilities such as backyard gardens and Onsen are important. For this project, the concept is "Oasis at the heart of Sukhumvit with tranquillity, privacy and security".

Wide-ranging facilities include 80-metre swimming pool

The project is a low-rise 8 floors condominium. All parking lots are underground. The 1st floor comprises facilities, residential areas, an almost 80 metre swimming pool and more. There is a lotus pool and fish pond. Some units located on this floor will have a backyard garden. Guests will feel as if they are living in a single house and they can plant some trees.

20 parking lots for supercars

We saw that a lot of people in Sukhumvit have a supercar lifestyle so we built parking space with a title deed for supercars. Nowhere else has done this. We give buyers options. Parking is accounted for 60%, including normal parking space underground and automated parking space. There are 20 parking spaces for supercars. Anyone who wants can buy one can get a title deed, ownership of which can be transferred.

Very worth buying

Our price is inexpensive compared with competitors but our project comes with premium quality. Customers will get premium units at a price cheaper than the market. We sell units with furniture. Starting price is 4.2 million baht. Customers get a premium unit with full functionality and a marble lobby entry hall. The asset value is bound to increase and the units can easily be rented. Buyers get a great product and good social life at an affordable price.

A good place to stay or invest

Our target market is a middle-aged executives who love privacy and want to differentiate themselves from others. It is a good place to stay, invest in or rent. It is ideal for those who like to live around Sukhumvit near a BTS station. Our agents are pursuing grade A international customers to rent from the project. The project features a hot Oosen that can be rented much more competitively than you can find elsewhere.

Low price, high quality, stay different

We expect to launch at least 1-2 projects a year. From now on, we will grow steadily and we plan to list on the stock exchange within two years.  Our selling points are premium products at lower prices than the market. Thanks to our successful H Project 43, our customers already associate us with good quality.

After-sale services

In the future, we will set up a juristic company to provide after-sales services for the project. Our view is that we should take care of our customers in the long run so they have confidence in us. We want to boost their satisfaction. We will start doing this at V Tara 36 which will be completed in 2018.

V Property Development Portfolio

2007 – Entered the real estate business

2008 – Developed Surawong condominium

2010 – Developed Greenery Ville Village on Ramkhamhaeng road

2012 – Took over "V Residence" in Soi Sukhumvit 26

2013 – Took over "H Sukhumvit 43"

2016 – Developed "VTara 36" in Soi Sukhumvit 36