CMC Appoints WGE to Accelerate Construction of Chateau in Town Ratchayothin, Aiming for Completion as Planned, with Three More Projects Worth Over 4 Billion Set for This Year

Dr. Vichian Pathayanant, CEO of Chao Phraya Mahakhan Public Company Limited (CMC), a real estate developer in prime locations, stated, "Due to the lockdown measures announced by the government last year, the overall construction activities of the company had to come to a halt. As a result, in 2022, our company pivoted its business strategy by accelerating construction efforts, aiming to move forward with three condominium projects worth over 4 billion baht within this year, starting with the first project, Chateau in Town Ratchayothin, valued at 850 million baht, which was announced as Sold Out during the Pre-Sales phase at the end of last year. We are committed to finding contractors with expertise and experience in construction management that meets international standards to deliver quality housing on time for CMC families. We have appointed WGE (Well Grade Engineering Public Company Limited) as the main contractor for the Chateau in Town Ratchayothin project, which is expected to be completed and generate revenue within 2023."
Ms. Anonglak Pathayanant, Managing Director of Chao Phraya Mahakhan Public Company Limited, expressed, "CMC is confident in WGE's modern construction technology and professional team, which will be able to create high-quality housing on time. We will work together to fulfill CMC's commitment to delivering a great living experience that meets the needs of all customer segments. The Chateau in Town Ratchayothin project features 309 low-rise condominium units designed in a Modern-British style with the concept 'New Beats Of The British.' It includes comprehensive amenities such as two swimming pools (Ground Pool and Sky Pool) with a saltwater system, a British Garden for relaxation, an Active Fitness Co-Working Area, a Co-Kitchen Area, and a Sauna Room. Once completed, it will stand out for its modern and elegant architecture, making it a valuable investment and living space in the heart of Ratchayothin, just one minute from the BTS Ratchayothin station, with access via multiple roads including Phahonyothin Road, Sena Nikhom Road, and Ratchadapisek Road. With an average price of only 110,000 baht per square meter, starting at 2.50 million baht, it caters to the 'Urban Lifestyle' of city living at a high standard."
Mr. Kriangsak Buanum, CEO of WGE, further stated, "In the current uncertain economic situation in Thailand, we are honored to have gained the trust of Chao Phraya Mahakhan Public Company Limited (CMC) to be the contractor for the Chateau in Town Ratchayothin project. WGE is fully confident that we will construct the project to meet CMC's standards, leveraging over 10 years of professional construction experience with numerous condominium projects. Our shared goal is to create high-quality housing for our customers now and in the future."