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LPP Embraces “Year of Proficiency” Policy of LPN Development Group

25 Feb 2020

Triple Y Residence @ Samyan Mitrtown  (1).jpg


LPP Embraces “Year of Proficiency” Policy of LPN Development Group

Invading the Blue Ocean Market and managing 2 luxurious projects; Triple Y Residence@Samyan Mitrtown and Grand Florida Pattaya

      LPP fills the gap in the market by managing high-end condominium and setting up “Prestige Management by LPP” team to manage non-Lumpini premium upscale buildings. The goal is to manage 7 projects in 2020 worth 30 million THB. Q1/2020 is kicked off with the management of 2 luxurious projects - Triple Y Residence@Samyan Mitrtown and Grand Florida Pattaya.


      Ms. Somsri Techakraisri, Managing Director of Lumpini Property Management Co., Ltd. (LPP) reveals that the company provides complete after-sale service and has been growing and building reputation on vibrant community management alongside the growth of L.P.N. Development Public Co., Ltd. (LPN). The “Year of Shift” strategy to manage non-Lumpini projects has been established in 2018 and achieved its goal in 2019. At present, LPP is managing more than 20 external projects including those of large property developers. At the same time, LPN has developed a number of high-end projects i.e.  The Lumpini 24 and projects under “Lumpini Suite” brand. In 2020, LPP is heading towards excellence under “Year of Proficiency” strategy by offering complete building management services to external luxurious projects. “Prestige Management by LPP” team is established comprising professionals from international companies and capable personnel to respond to the market gap in luxurious condominium management which is increasingly in high demand. As a result of the strategy of property developers to develop high-end condominiums in 2017-2018, there will be around 70 upscale condominiums projects and 22,000 units completed in 2020. Combining with existing 290 high-end projects and 63,200 units, there will be the total of 360 high-end projects and 85,200 units which is a large segment that is in need of efficient and premium management service (information from LPN Wisdom).

      “We aim to manage 7 premium condominium projects worth 30 million THB in 2020 and it is a delight that in the first quarter, we have already been entrusted to manage 2 luxurious projects. The first project is “Triple Y Residence” of Goldenland Development Public Co., Ltd., the premium condominium in Sam Yan Mitrtown project, the large and modern new mixed-use project in the city center, which is open 24 hours. Furthermore, the company is managing “Grand Florida”, the resort condominium locating on a 17-rai plot of land of Blue Sky Co., Ltd. where there are large water park, a wave pool, a club house of 5 stories in height and various convenient facilities.”

      Mr. Thanapol Sirithanachai, President of Goldenland Development Public Co, Ltd. (GOLD) said that “LPP is experienced and is a professional in condominium management. It has been getting word of mouth referrals from the residents of the condominium in terms of security, management efficiency and promotion of vibrant community. GOLD has thus decided to entrust “Prestige Management by LPP” team with the management of “Triple Y Residence”, the luxurious condominium in Sam Yan Mitrtown as we are confident in the team’s expertise in all system works, security system and the ability to provide excellent services to all groups of customers.

      The clients of Triple Y Residence are diversified such as students of Triam Udom Suksa school, lecturers and students of Chulalongkorn University and working people and their family. The management of condominium is usually a very complex task. All systems must be maintained, recreational facilities must be safe and ready for use, cleaning system, the management of parking system and collection of common area fee must be efficient, the fund must be well-managed, etc. The ability to integrate all the works is crucial and it is the key strength of LPP.”

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      The strength of the services provided by “Prestige Management by LPP” team is the ability to design a customized service for customers as well as being a Guest Service Agent (GSA) providing one-stop-service to customers. The juristic person is also on duty 24 hours. Moreover, the team comprises staff who are experienced and specialized in engineering and other specific fields of work since system work is critical for the management of vertical building such as a condominium. It is needed to be managed in an integrated manner by experts so that all systems are running appropriately primarily for the safety and convenience of the customers. An efficient management will enhance the value of the condominium and ensure that the common expenses are spent appropriately.

      “Prestige Management by LPP” focuses> or tel. 081 813 3796.

Coordinators LPN Tel. 02-285-5011 (Khanittha)