FPT brings 31 luxury detached houses to market

SET-listed developer Frasers Property (Thailand) (FPT) has launched 31 single detached houses priced between 107 and 300 million baht in the KasetNawamin area, aiming to tap into strong demand from ultra-high-networth individuals.

- KANANA KATHARANGSIPORN

The units are the remaining unsold houses at The Royal Residence, which FPT acquired in December 2021 from TCCCL Sena Co, a subsidiary of TCC Group owned by the Sirivadhanabhhakdi family, who are also FPT’s major shareholders.

According to Pawarun Udomsiri, FPT’s senior executive vice-president for housing project development, three of the 31 units have already been purchased by existing residents of the project.

“These buyers, who purchased units at the project over a decade ago, were looking for additional homes to accommodate their growing families — even though the newly launched units are priced at three times the amount they originally paid,” he said.