After long delays caused by the pandemic, the highly anticipated riviera project Finally resurrected, this time nestled in the peaceful enclave of Pratumnak Soi 5. The 31-story luxury building, which received Environmental Impact Assessment (EIA) approval nearly two years ago, marks the fifth installment in the esteemed Riviera brand’s series of high-rise buildings. It is also the visionary owner’s sixth project in Thailand since 2010.
Phase 1 Victory: Over 60% sold in a single weekend
Originally conceived as a hotel and residential amalgamation, the government’s sudden change in regulation over the summer led to a swift turnaround in plans. Potential buyers were enthusiastic and flocked to the project, snapping up more than 60% of the available homes in just one weekend. The remaining rooms are designated as luxurious five-star hotel rooms. Shortly thereafter, unexpected legislative changes required an internal rescheduling of the program. While this adjustment may have created challenges for all parties involved, the timing was fortuitous, avoiding potential issues for buyers and developers.
Winston Gale Managing Director Riviera Groupshared insights into the evolution of the project: “We have chosen to keep most of the main hotel facilities in what is now an exclusive condominium complex. The extraordinary design and components of the hotel are simply too extraordinary to be discarded. As a result, we have managed to retain A series of similar facilities, while also introducing new ones by repurposing spaces previously allocated to hotel staff and operational uses.”
In response to a question about whether the development still embodies the essence of a hotel lifestyle, Gail affirmed: “It is. This move takes the Riviera brand beyond the confines of a mere apartment complex.”
Continuity of Excellence: Managing the Best Features
Inquiries about the operation of the internal facilities after completion were clearly answered. Gail said: “We, Riviera Group, which will manage the ongoing operation. It’s important to remember that we originally planned to operate a hybrid hotel-residential model ourselves. This is essentially a continuation of our original plan.We have overseen the management of The Jomtien Riviera, Monaco and Ocean Avenue, so this expansion is within our specialty, albeit with a greater focus on food and beverage outlets. “
Phase Two Revealed: Re-definitionTurn hotel rooms into luxury apartments
As the curtains lift on Phase 2, scheduled to launch from September 15-17, attention has turned to transforming what was once envisioned as a hotel room into sophisticated apartments. Gail affirms the shift: “In fact, the spaces have been remodeled to better suit the apartment concept. The collection includes attractive large-scale units such as 3 and 4 bedroom sky pool residences, 2 and 3 bedroom duplexes apartments, and multiple 2 bedroom units.”
Regarding the furniture, Gale confirmed: “Of course, we are delivering a high level of finish, especially on the upper floors, while the lower units below the sky pool will maintain the same quality finish as our previous projects. The difference is reflected in the pricing of the upper floors. Still, the lower floors are very attractive and competitive, and most have beautiful sea views.”
Continuing a Tradition of Excellence: The Riviera Group
The wonderful opening party is still fresh in my memory Riviera Ocean Drive The events of February were a powerful reminder of why Riviera Group It can be called the leader in the industry. The awards they have received and their ability to inspire surrounding projects to raise the bar speak for themselves.The latest addition to this legacy is the Hotel Riviera Malia project that embodies stunning beauty and innovation.
Looking Ahead: Malibu Showroom
Looking ahead, a future full of possibilities is calling.Malibu showroom to debut soon, marks another visionary effort in Malibu Riviera Group. Gale shared the exciting news: “In fact, we’ve found a fantastic location for our sales office on Ocean Drive, a place the agents are familiar with. Instead of tearing down the existing structure, we’ve opted to renovate the entire building , and set up a spacious showroom next to it.”
When asked about the expected release date, Gale revealed, “If everything goes according to plan, we’re targeting late November or early December.”
this riviera project An unrivaled opportunity for those seeking top quality and unique design, with the promise of substantial returns through rental or capital appreciation. The project is expected to start in mid-October and is expected to be completed in December 2026. The project promises to add a new dimension of luxury to Thailand’s real estate landscape.