Pattaya’s burgeoning property sector was given a further boost Nov 2012 with the official opening of the Seven Seas Condominium Jomtien – a 2.5 billion baht mega resort style project being developed on Chaiyapruek Road in Jomtien. Seven Seas Condominium is located on a large 15 Rai plot of land on Soi Chaiyapruk on the corner of Soi 3 just 350M. from the popular Jomtien Beach. With easy access to the Sukhumvit highway Seven Seas is only 1 hours drive from Survanabhumi Airport and just 1.5 hours from Bangkok City.
Property developers Universal Group unveiled their ambitious Seven Seas Jomtien Condominium project at a lavish party held at the Centara Grand Mirage Beach Resort on Saturday, Nov. 10.The developer of the Seven Seas Condo Resort is Universal Group Thailand, a subsidiary of the Universal Group based in India, which was established in 1972.
This manufacturing, trading, hospitality and construction conglomerate has businesses throughout Asia, the Middle East and Africa with a combined annual turnover in excess of US$300 million. The property development arm has completed 20 projects in the region so far but Seven Seas is their first real-estate venture in Thailand.
An artist’s impression of the Seven Seas Jomtien Condominium.
“This is a planned and carefully calculated move by Universal Group to enter the vibrant property market of Pattaya and Thailand,” said Sonia Punjabi, CEO of Universal Seven Seas, at the press conference. “This is a niche condominium lifestyle project and Jomtien was the only location in the city we could build a themed project on the massive scale of Seven Seas.”