Singaporean Investment Group Builds Up Fulcrum Ventures Brand, Bucking Thai Property Downturn Trend Launching Housing Project, “Panara Thepharak,” With Investment Plan of Over 5 Billion Baht, Eyeing to Get Listed in Stock Market Within 5 Years - PostupnewsEN

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วันอังคารที่ 29 ตุลาคม พ.ศ. 2562

Singaporean Investment Group Builds Up Fulcrum Ventures Brand, Bucking Thai Property Downturn Trend Launching Housing Project, “Panara Thepharak,” With Investment Plan of Over 5 Billion Baht, Eyeing to Get Listed in Stock Market Within 5 Years

     Singapore’s large investment group Greenfield Advisory joins hands with a hotel investor to build up Fulcrum Ventures brand “Life Is An Opportunity” bucking the Thai property market downturn trend and planning to invest more than 5 Billion Baht within the middle of next year. The group drops pin on “Panara Thepharak,” a single detached house project in a potential location on main road, a new central business district in eastern Bangkok, and plans to get listed in the stock market within 5 years.


    Mr. Deepak Mishra, Founder of Greenfield Advisory Pte Ltd, Singapore, discloses that Greenfield Advisory, which is headquartered in Singapore with consecutive investment experiences in property business in various continents worldwide including Asia, the Middle East and Europe, has invested in Thailand since 2010. In the first 5 years, the group invested in hospitality business including hotel and serviced apartment before studying various businesses and expanding an investment to property development business. Although this business has slowed down since last year, the group believes that property development business has opportunity to create value and grow in the future. With a strong confidence in Thailand’s economic potential and stability which has been robust for the past several years when compared with other countries in Asia, the group plans property development in the country consecutively in the future.
     “Greenfield Advisory is an investment group with various businesses. As we have learned Thai property market and culture, we decided to expand to low-rise housing development or “single detached house.” We are specialised in investment around the globe with research on consumer’s needs in each country. We know customer’s needs despite various culture. However, learning customer’s pain points can teach us to create features that respond to customer’s needs just like the group’s name and tag line, Fulcrum Ventures “Life Is An Opportunity,” Mr. Deepak says.
     Mr. Somsakd Srikuruwan, Director of Fulcrum Ventures, Bangkok, discloses about the history of the joint venture with Greenfield advisory to set up Fulcrum Ventures Co., Ltd. that it derived from an offer to acquiring hotel and condominium Aspira on Koh Samui before buying a vacant land plot in Patong, Phuket and Grand Swiss Sukhumvit 11. Currently, Fulcrum Ventures’ assets comprise condominiums, serviced apartments and vacant land plots. It aims to develop at least 2 property projects per year with a combined investment of around 5 Billion Baht from now until the middle of next year, focusing on low-rise projects or single detached house. It also plans to raise fund in the stock market within 5 years.
     “The key in business operation under Fulcrum Ventures brand is to deliver quality products to customers. Before our first project is created, we have done market study and analysis on hundreds of target group samples which takes many years until we are confident that it will become a perfect project,” Mr. Somsakd says.
     Mr. Amritanshu Roy, Chief Operating Officer (COO), Greenfield Advisory Pte Ltd, Singapore, says that the company has learned customer’s experiences and needs from business experiences in all continents around the world. The data is applied to develop products with an attention to details to maximise customer’s satisfactory. Market research from many countries with various cultures is resulted in project design which truly concerns about resident’s requirements, for instance, functions, selection of quality materials as well as location on main road. The company is totally ready and strongly confident to launch “Panara Thepharak” which will perfectly respond to customer’s needs. This is a strength of property development under Fulcrum Ventures brand.
     Mrs. Melada Kunanuwat, Vice President Sales and Marketing, Fulcrum Ventures, Bangkok discloses that “Panara Thepharak–Exclusive Space, Privileged Life.” is a quality residential project in prime location on a plot sized approximately 30 rai on a main road in Bang Pla Sub-district, Bang Phli District, Samut Prakan Province. The project will be premium luxury single detached houses with 2 and 3 storeys on a land plot sized 50 - 60 square wah with a usable area of 182 - 367 square meter. There are 3 types: smallest unit on a plot sized 50 square wah with 3 bedrooms, 3 bathrooms and 2 car park lots for early family; middle-sized unit on a plot of 60 square wah with 3 bedrooms, 4 bathrooms and 2 car park lots for extended family; and largest unit with 5 bedrooms,5 bathrooms and 3 car park lots for large family with a usable area of 367 square meter,  a passenger elevator and a maid room with its own bathroom which has a separate entrance from the main house. Launching prices start at 7 - 15 Million Baht with a total of 129 units worth a total of around 1.25 Billion Baht.
Entrance

     “We thoroughly design all units and the project’s environment as well as facilities for privileged life of only residents in Panara Thepharak, for instance, club house, saltwater pool, fitness room, meeting room with Wifi connection and public park with green area. Upgraded 24-hour security system starts from the entrance in front of the project where the entrance of resident and visitor is separated with CCTV all over the project. All units are installed with home automation. Design focuses not only on the look or technology for convenient living but also every single feature for resident’s happiness as we want to build homey and safety houses as much as possible in an urban society, a lifestyle of working people. Both unit and project design focus mainly on family’s relationship as we want a house to be not only a residence but also a shelter for everyone in the family of multi-generation members with the project’s attention to details just like a quote, “Home is Where the Heart Is,”  Melada says.
Clubhouse

     Thailand is become an ageing society with an increasing rate of various senior living facilities. As the project is concerned about the needs of senior people who want to stay with their children, it designs 3-storey single detached house in response to a large family. Each unit will have a passenger elevator to facilitate senior people. All unit types will have elderly care system, an additional security system in the unit which will alarm family members about any accident on senior people, aiming happiness of every resident in Panara.

     Panara Thepharak also meets a future living trend together with environmental concern by emphasising on applying technology to reduce pollution with EV charger installed at all 3-storey units and at common area in the project to promote clean energy in a replacement of fossil fuels. There is also home ventilation system to reduce temperature in the unit.


Group photo
     Thepharak area is one of the new economic zones with a high growth in eastern Bangkok or new CBD where travel is convenient with transportation network and expressway near Kanchanaphisek Road, Burapha Withi Expressway, various facilities and utilities system, key businesses and government agencies, for example, the Suvarnabhumi Airport, MEGA Bangna, IKEA Bangna, Plane Night Market (Rue Bin flea market), Bangplee Hospital, Chularat 5 Hospital, Chularat 3 Hospital, Central Park Hospital, Assumption University (ABAC) Bangna Campus, Huachiew University, Ratwinit Bangkaeo School, Sarasas Witaed Suksa Suvarnabhumi School, Singapore International School of Bangkok (SISB) and The American School of Bangkok (Bangna).

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