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TU Dome Plaza Opens on March
TU Dome Plaza that costs 450 million baht will open for business on March after ten months delay. The managing director of PB Plus Property Co, TU Dome Plaza developer said it is lucky if the project launching was delayed last year though hard floods influenced it.
“If this project launched last year, it will emerge large impact,” said him. “The floods damaged only the underground area which is not spending much to renovate.” The shopping mall situated on Chiang Rak Road in front of Thammasat University’s Rangsit Campus. This property rented from T.U. Dome Residential Complex Property for 28 year lease from this year. The total area is 12,000 square meters while the two storey plaza has 75% booked. Monthly the rents range from 700 baht to 1,000 baht per square meter.
Applying same plot, a two-storey dormitory housing 108 rooms with 40 sqm width for each and eight cluster rooms with 80 sqm width for each. Monthly the rents are 8,000 baht for smaller room and 20,000 baht for the larger one. Until now there is 90% of all rooms have been rented. The company wished to result 70-80 million baht this year and 135 million baht in 2013 when occupancy rates should be at least 85%.
News by Bangkok Post
This entry was posted on Thursday, January 19th, 2012 at 1:20 am and is filed under Tourism Industry. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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