Types of Business

(1) Residential Projects

The Company and its subsidiaries engage in the real estate development business that offers a wide range of residential products, brands and development styles. Their development niches include low rise residential projects that offer sales of single houses, semi-detached houses, and townhouses. The development tasks comprise infrastructure work within each development project, and for all product pricing, which are differentiated by product lines under different brand names to cover diverse market segments and different clientele groups. The product brands for the Company and its Group are:

Type of  products Brand Pricing Current  Projects

Single House

Baht 15 – 30 million

  • Golden Legend Sathorn – Kullapapruek

Single House

Baht 10 – 30 Million

  • The Grand Rama 2
  • The Grand Wongwan-Prachauthit
  • The Grand Pinklao
  • The Grand Udomsuk

Single House

Baht 7 – 10 million

  • Golden Prestige Watchrapol – Sukhapiban 5
  • Golden Prestige Ekachai - Wongwan

Single House / Semi -Detached House

Baht 3.5 – 7 million

  • Golden Village Bangna - Kingkaew
  • Golden Village Onnuch - Pattanakarn

Single House / Semi-Detached House / Townhouse

Baht 2 – 5  Million

  • Golden Avenue Changwattana – Tiwanon

Semi-Detached House

Baht 3.5 – 4 Million

  • Golden Neo Onnuch - Pattanakarn
  • Golden Neo Rama 2

 

Two & Three– Story Town House

Baht 2-5 Million

  • Golden City Pinklao – Charan Sanitwong
  • Golden City Onnuch - Pattanakarn

 

Two – Story Town House

Baht 2 – 3 Million

  • Golden Town Pinklao – Charan Sanitwong
  • Golden Town Kaset – Latpraklao
  • Golden Town Rattanathibet – Bangplue
  • Golden Town Watcharapol – Sukhapiban 5
  • Golden Town Suksawat - Puttha Bucha
  • Golden Town Ngamwongwan – Prachachuen
  • Golden Town Onnuch – Pattanakarn
  • Golden Town Latphrao – Kaset Navamin
  • Golden Town Ramkhamhaeng - Wongwan

Town House

Baht 2 – 3 Million

  • Tyme Rama 5

(2) Commercial High Rise

As for commercial high rise developments, it is the Company’s policy to develop management efficiency and quality to better respond to its customer needs. It also promotes activities that encourage growth in its rental occupancy and enable continual increase in its revenues. At present, the Company has followed commercial high rise developments which are service apartments, hotel, and office buildings:

The Ascott Sathorn Bangkok and Sky Villas

The Ascott Sathorn Bangkok is a contemporary service apartment building situated amid the central business district of Sathorn Road, near the Chong Nonsi BTS Skytrain Station. This 35-storey building houses 177 service apartment units, managed by the Ascott Group Limited, a leading serviced residence and hotel operator from Singapore. The 21st to 35th floor of the building locates the “Sky Villas” the luxurious and exclusive residential high-rise apartments decorated by renowned interior designers

Mayfair Marriott Executive Apartment

Mayfair Marriott Executive Apartment is designed to be one of the most luxurious service apartment buildings in Bangkok, with a height of 25-storeys. This development has also been granted a hotel operating license. The Company sold its leasehold for the building to the Gold Property Fund (in which one-third of the shares belong to the Company). The building houses 164 apartment units, with various sizes ranging from 1 to 3 bedrooms, and is managed by the Marriott International, Inc, a “global brand” hotel chain and leading hotel management company. The building is located in the middle of Soi Langsuan, not far from the BTS Skytrain Station and adjacent to Lumpini Park which is a famous park within the Bangkok central business district.

Goldenland Building

The Goldenland Building is an 8-storey building with one underground floor that lodges a total rental space of about 11,000 square meters, located near the main shopping area of central Bangkok with shopping places such as Gaysorn Shopping Centre, Central World, and Central Chidlom, as well as famous nearby hotels such as the Four Seasons Hotel, the Grand Hyatt Erawan, and the InterContinental Hotel. The building is only a few minutes’ walk from the Chidlom and Ratchadamri BTS Skytrain Stations. The building is also designed to afford the occupants’ adaptability and greater design flexibility.

Additionally, in 2015 the Company began its development plan for a new commercial high-rise development at the corner of the Rama IV – Ratchadapisek intersection (Soi Paising-to). This project will house an office building– cum–hotel complex under the name of FYI Center. The complex has a land plot area of 8-3 – 75.28 Rai. At present, it is under construction and is expected to be completed for commercial operation by 2016. Thai Obayashi Corp., Ltd. is the contractor responsible for the construction of the project.

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