Scope Thonglor, an ultra-luxury 32-floor condo with only 18 penthouses, just closed a 600 million baht sale to a foreign billionaire despite weak overall real estate market conditions. The developer's CEO explains that ultra-luxury properties in prime locations (BTS-adjacent, near malls) targeting 200+ million baht segment still perform well if product quality and location justify pricing. Scope has 3 projects currently on sale worth 14.15 billion baht total, with expectations to close sales through 2026 and beyond.
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