Noble proactively clarified the facts of 2 projects, New Noble Ratchada-Ladprao and Noble Revolve Ratchada 1,2, in order to build confidence among customers and residents in the project that the construction was carried out in accordance with the law. in all respects Different from Ashton Asoke, both in terms of land and access to public roads.

After the Supreme Administrative Court's verdict revoked the "Ashton Asoke" condominium construction permit, there were concerns about customers who would like to buy and the residents of a condominium project with an exit next to the electric train being suspicious of the information, which the New Noble Ratchada project Ladprao and Noble Revolve Ratchada of Noble is one of them

Mr. Thongchai Busrapan Vice Chairman and Co-Chief Executive Officer of Noble Development Public Company Limited and Mr. Thirapol Voranithiphong, Chief Executive Officer Business Development Division, Noble Development Public Company Limited, said that from such cases The Company would like to clarify that all 3 projects of the Company have disseminated information about the New Noble Ratchada-Ladprao project and the Noble Revolve Ratchada 1,2 project. with entrance-exit on MRTA land Carry out construction according to the law in all respects as follows

New Noble Ratchada-Ladprao project originally had an entrance-exit to a public road. (Lat Phrao Road), but was expropriated by the Mass Rapid Transit Authority of Thailand (MRTA), making this plot of land become blind land.

For this reason, the MRTA Must grant permission to use the common entrance-exit. which is the entrance-exit area of the park-and-ride building of the electric train Lat Phrao Station to the public road by "no" period

While Noble Revolve Ratchada 1 and Noble Revolve Ratchada 2 projects have been granted construction permits. By using the entrance-exit area on Ratchadaphisek Road Soi 6, which is the entrance-exit to the public road of the original land plot. and later expropriated by some parts of the MRTA to build a train station and parking area Causing the said plot of land to have no entrance and exit

Causing MRTA to grant the right to use the common entrance-exit. which is the entrance-exit area of the park-and-ride building of the electric train Lat Phrao Station to the public road without a condition of time as well

Summary of 3 projects of Noble There is a right to use the entrance-exit according to the law. This is due to the use of the entrance-exit according to the existing condition. no modification or change from the original condition and has paid compensation for using the rights (The original land owner paid for it) can be used for permission to build.

Currently, the New Noble Ratchada-Ladprao project is worth 2,000 million baht. under construction With sales already 80%, worth 1,600 million baht, will be transferred in early 2024. As for Noble Revolve Ratchada 1 and Noble Revolve Ratchada 2, 2 projects are completed condos. There are sales and 100% transfer of ownership. The customer has moved in for more than 4 years.

However, after the news flow, there were 30 customers from all 3 projects asking questions to the company, which Noble had clarified in detail. and facts Let customers know through the letter, with 29 customers okay, and the other 1 asks to consult with family and a lawyer before making a decision.

Source:https://www.bangkokbiznews.com/property/1081463

Date 2/08/2023