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Wongamats Only World Class High-Rise Beachfront Condominium
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Newsletter No. 3 - February 2012
 
E.I.A. Planning Permission – Granted

We are pleased to announce to all valued customers that we have now passed the E.I.A. planning permission process. This now allows The Palm to commence construction with all the different planning departments both in Bangkok and Pattaya having now signed-off on all the applications we had to make.

As highlighted previously in the November "Interim Newsletter", we have been delayed in passing the planning permission process simply due to the floods in and around Bangkok that caused massive problems with normal day to day business.

However, the result we have now achieved has in fact, only delayed us by 1 month and we feel extremely confident that we will be able to make this lost time up over the 3 year construction period.

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Wongamats Only World Class High-Rise Beachfront Condominium
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Ultimate Beachfront Address
 
Project Management Award
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Photo above: From Left: Winston Gale (The Palm, Developer) Khun Sukanya Gale (The Palm, Developers Assistant) Simon Swain (The Palm, Developer)
From Right:
Cornerstone's Khun Surakit Somnustweechai (Project Manager) and Khun Songpon Monsree (Site Engineer).

The Palm is pleased to announce that Cornerstone, one of Thailand's most respected Project Management companies were awarded the 3 year Construction Contract at The Palm, Wongamat beach, pattaya. Richard Bell, Cornerstones MD said " I am delighted Cornerstone have been appointed Project managers for such a prestigious project like The Palm. He added "We have a strong presence in Bangkok and it is good to see Pattaya now growing at a pace and Cornerstone now being a strong apart of Pattaya's real estate expansion".

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Wongamats Only World Class High-Rise Beachfront Condominium
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Ultimate Beachfront Address
 
Start of Construction – Piling Award
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Photo above: From Right: Mr Winston Gale (The Palm, Developer) Mr Simon Swain (The Palm, Developer)
Khun Sukanya Gale (The Palm, Developers Assistant) and Khun Sathida Limphasut (CB Richard Ellis)
From Left:
ITAL Thai Trevi's Khun Somboon Kwangthung (Project Manager)
Khun Arthit Lochinda (Assistant General Manager) and Khun Ekachai Phongphua (General Manager).

Following on from gaining E.I.A. planning permission, we are pleased to announce that The Palm will be 'breaking ground' and commencing construction on 24th February 2012.

Negotiations have completed with Ital Thai Trevi who have now been awarded the piling contract for The Palm's twin towers. Ital Thai Trevi are one of Thailand's best know and well respected piling specialists having undertaken many of Bangkok's high-profile projects as well as here in Pattaya. "This will be our first time working with Ital Thai Trevi and we are looking forward to building a strong relationship with them over the coming months" said Winston Gale, Co-Developer in The Palm.

The time period for the piling contract is 5 months with above ground construction continuing from then onwards. August will therefore then be the milestone for the main construction company to start building the main structures.

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Wongamats Only World Class High-Rise Beachfront Condominium
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Ultimate Beachfront Address
 

CB Richard Ellis Continue as Sole Agents

Following on from an incredible 12 months of sales at The Palm, CB Richard Ellis, Thailand's most successful property consulting agency have had their contracts extended a further 12 months by the Developers at The Palm. CBRE re-entered the Pattaya market after a few years away with The Palm as their first development in December 2011. Since then, they have successfully sold 75% of The Palm, over 2 Billion Thai Baht's worth of sales totaling 421 units.

Most recently they scooped up 5 awards at The Thailand Property Awards and have expanded their interests in Pattaya with a further 3 high-profile projects. The continuing relationship between CBRE and The Palm is testament to their mutually beneficial working relationship.

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NOVA Luxury Developments Co., Ltd.
182 Soi 16, Naklua, Banglamung, Chonburi, 20150, Thailand
sales@thepalmpattaya.com / thepalmpattaya.com
© 2011 NOVA Luxury Developments Co., Ltd. All Rights Reserved.
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