Singapore, 26 January 2010 – CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has opened its eighth property in Bangkok, Thailand. The 262-unit Somerset Sukhumvit Thonglor is the largest serviced residence in Bangkok’s prime Soi Thonglor district which is well-known amongst expatriates and travellers for the convenience and vibrant international lifestyle it offers.
Mr Alfred Ong, Managing Director for Southeast Asia and Australia, said: “Ascott has built a strong presence in Thailand over the last decade with our three distinct brands – Ascott, Somerset and Citadines – which cater to travellers’ different lifestyles. Our properties in Thailand have been performing well with an average occupancy of above 80%. Ascott’s latest serviced residence, Somerset Sukhumvit Thonglor, will offer travellers another international-class accommodation which they can call home. It also reinforces Ascott’s position as the market leader in Thailand with over 1,700 apartments in nine properties.”
With Somerset Sukhumvit Thonglor’s strategic location, business and leisure travellers can enjoy a variety of dining, retail and entertainment options. These include some of Bangkok’s most notable restaurants along
“Gourmet Mile”, upmarket malls such as J Avenue and H1, the major Cineplex Eakamai, as well as trendy nightspots which are located across the entire Thonglor district. Long-stay travellers with children will welcome the added advantage of being close to established international schools such as the American School of Bangkok and Singapore International School of Bangkok.
Furthermore, Somerset Sukhumvit Thonglor has excellent transport links. Its proximity to the Thonglor Skytrain Station provides travellers easy access to the main financial and business districts in the Sukhumvit- Thonglor area, as well as various attractions and landmarks in the city.
Somerset Sukhumvit Thonglor offers a range of apartment types from studios to one and two-bedroom units, enabling travellers to choose an ideal residence for their lifestyle. The stylish apartments come with contemporary d