We announce the 100% sales closure of 'Lumpini Town Ville Phaholyothin-Saphan Mai' and the immediate launch of a new project, 'Lumpini Town Ville Sai Mai 18 - Phaholyothin', starting with a soft opening on December 18.

Ms. Sawanee Angkoonpipat, Assistant Managing Director of Prasanthi Co., Ltd., the developer of the 'Lumpini' housing project under L.P.N. Development Public Company Limited (LPN), revealed that in early December, the 'Lumpini Town Ville Phaholyothin-Saphan Mai' project, consisting of 262 units with a project value of 720 million baht, has successfully closed sales at 100% after opening for sales in March 2020, with plans to deliver all homes to customers by early 2022.

The 'Lumpini Town Ville Phaholyothin-Saphan Mai' project received an excellent response from customers right from the start. We managed to close sales for the entire project in just 1 year and 10 months, which is faster than the general market standard, where housing projects typically take about 2 to 2.5 years to sell out. This is another success for Lumpini homes and a guideline for us to develop new projects in the future,” Ms. Sawanee stated.

To meet the demand from customers still seeking housing in the nearby area, we are launching a new project, 'Lumpini Town Ville Sai Mai 18 - Phaholyothin', with a soft opening for interested customers who have registered. The project and show homes will be open for viewing starting December 18, along with special booking prices. This new project is only 3 kilometers away from the previous project, 'Lumpini Town Ville Phaholyothin-Saphan Mai'.

The 'Lumpini Town Ville Sai Mai 18 - Phaholyothin' project consists of 184 units on a 14-rai plot, valued at 560 million baht, featuring 2-story townhomes with 2 bedrooms, 3 bathrooms, and 2 parking spaces, starting at 2.6 million baht. The designs include a width of 5 meters with land sizes starting from 17.6 square wah and starting prices of 3 million baht for homes with a width of 5.5 meters and land sizes starting from approximately 19.3 square wah. The project's highlights, besides proximity to markets and shopping malls, include being just 2 kilometers from the KPO intersection BTS station and close to expressway access.

Ms. Sawanee also mentioned, “This year has clearly shown the economic impact of COVID-19, leading financial institutions to be cautious in granting mortgage loans, with rejection rates as high as 40-50%. Additionally, some customers are hesitant to make purchases due to uncertainty about future income. However, 'Lumpini homes' have continued to grow against the trend. Throughout 2021, we launched 3 new projects as planned in 4 locations, including a private single-house project in Bang Bua Thong, a 3.5-story townhome project in Lat Phrao 101-Phothi Kaew, a commercial building on Lat Krabang main road (already sold out), and the upcoming location at Sai Mai 18 - Phaholyothin, with a total value of new projects launched in 2021 amounting to 1.4 billion baht.”

For more information, please contact LPN Call Center at 02-689-6888 or visit our Facebook: Baan Lumpini
or through the LINE OA application at @baanlumpini --> http://bit.ly/PR-LPN-2020