Mandala Wins Best Condo Development (Phuket) At The 2011 Thailand Property Awards

Dec. 27, 2011 - PRLog -- Mandala Condominiums – a collection of 24 over-sized apartments, all with private pools and located in Phuket’s prestigious Laguna area, was recognized at a glittering gala ceremony attended by more than 600 CEOs, managing directors, developers and other senior management figures from the national and regional property sector.

The award is particularly significant to the project’s developer Staffan Nordstrand who started building Mandala Condominiums at the beginning of the world financial crisis in September 2008 without any pre-sale purchases or any guarantees when the economic climate would improve.

Mandala Condominiums triumphed through these hard times and sold 50% of their 24 total units. With this award they are now poised to further capitalize going into Thailand’s tourism season as one of the island's only completed, new condominium developments.

“We are very proud of this award as it acknowledges Mandala’s ongoing commitment to high-quality standards,” says Nordstrand a Swedish national who has been operating a construction business in his homeland since 1974. “We’ve achieved this award by following very tight ISO international building standards to manage Mandala’s quality, timing and economy.”

Mandala Condominiums was designed by Studio906, a Phuket-based company focusing on innovative design solutions for condominium and hotel projects. Project profitability plays a major part in their design process due to extensive domestic experience and connections.

Bob Speed, Managing Director of Architects Studio906 added: "We are very pleased to have been part of this project and offer a well-earned congratulation to Mandala Condominiums."

Nordstrand pointed to these six key factors Mandala Condominium utilized to ensure a winning formula:

Prime Location: Mandala Condominiums is 350 meters from Bang Tao Beach and 3 minutes to the Laguna development, with its internationally renowned hotels the Sheraton, Dusit Thani and Banyan Tree and the Laguna golf course, giving owners close access to some of the best activities and restaurants in Phuket, yet at the same time, away from the crowds.

Value Pricing and Flexible Financing: Mandala Condominiums introductory prices are set at 60,000 to 75,000 THB per square meter with comparable projects in the area priced between 80,000 – 100,000 THB per square meter. Developer financing is also available for up to 50% of the purchase price at 5% interest for five years.

After Sale Management Solutions: Owners will be able to have a ‘turn-key’ solution, including on-site profession property management, rental pool and 24 hour security. Concierge services are also available.

Developer Credibility: Mandala Condominium developers have a track record of developing quality projects like their previous Bann Mandala villa project. With Mandala Condominiums they have set a trendsetting launch proposal by actually completing the project at the same time as going to market. The project is fully funded and is being built regardless of sales assuring the first buyers can move into their apartments immediately.

Professional Design Concept: Mandala Condominium feature spacious, open-concept living plans elegantly combined to create 18 apartments and 6 penthouse apartments, each with its own plunge pool and ranging in size from 276 sqm to 546 sqm. The Swedish-designed apartments offer true luxury in terms of space with oversized rooms, high ceilings, large solid wood doors and spacious outdoor decks.

Quality Building and Materials: Quality construction of Mandala Condominiums is provided by ISO certified DCM Solutions who are considered one of the top quality building firms in Thailand. Mandala Condominiums are finished to the highest standard, using quality materials throughout. Rarely does a buyer see a work site so meticulously organized and managed – a testament to the developer’s commitment to detail and quality.

Patrick Lusted
Siam Real Estate Phuket Co.,Ltd
36/8 Moo 2, Viset Road,
Rawai, Phuket 83130.
Tel: +66(0)76 288908

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Thailand real estate agents & consultants, covering Phuket, Bangkok, Pattaya, & Hua Hin. Siam Real Estate has the largest selection of listings in Thailand including condos, villas, developments, land, long term rentals and holiday rentals.