The Company owns the rights to lease a 728 - square wah plot of land in Soi Mahatlek Luang 2, Rajdamri Road, Bangkok, from the Royal Property Bureau. The 31 - storeys residential project, which will have a total usable area of 28,600 square meters, has already received a construction permit from Bangkok Metropolitan Administration (BMA) and is currently negotiating a contract with the land owner for further action.