Thai Rath: “PACE” plans for ski resort villa investment in “Niseko”
14 October 2015
Sorapoj Techakraisri, Chief Executive Officer, PACE Development Corporation Plc. (PACE) said the company is under a purchase agreement to acquire a prime land plot on Naradhiwas-Rajanakarin Road and is working on a plan to build a residential high-rise development on the premise, taking advantage of the neighborhood’s convenient, quiet and livable atmosphere to conceive this upcoming new development. The approx. 2.5 rai land plot is conveniently accessed via Naradhiwas-Rajanakarin and Nang-Linchee roads, and is connected to Sathorn and Rama 3 roads. It is also adjacent to two expressways and BRT line on Chan road. He said the new residential development will combine the outstanding characteristics of condominium and single-detached house to meet the needs of families looking for ample livable space. The company plans to announce more details of Naradhiwas-Rajanakarin development in early 2016.
“Furthermore, PACE is doing a feasibility study of a ski resort villa development in Niseko in Hokkaido, Japan to cater to a large number of Thai and international tourists who visit the town during the ski season. Widely regarded as one of Japan’s premier ski resorts, Niseko is a beautiful and pristine town and visitors can enjoy its power snow virtually throughout the year. It is estimated that Niseko welcomes as many as 1.5 million visitors every year. PACE has been working on concepts of the two new projects and will be able to officially disclose further details in the near future.” Sorapoj said.