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CPN was founded on June 17, 1980 with a registered capital of Baht 300 million. Over the past decade, the company has observed a dramatic shift not only in consumer trends but also market demands for more fully intergrated shopping complexes that can offer consumers a total an experience.
As a true market pioneer with a resolved understanding of changing market trends, CPN developed a series of quality mixed-use complexes that can readily meet consumer needs. Among the first to be established was the CentralPlaza Ladrprao in 1982, which truely reflects the company's mission to innovate and revolutionize the ideal retail experience.
CPN later observed a significant milestone as it became a Public Company Limited in 1994, and was subsequently registered on Thailand's Stock Exchange in 1995. More importantly, in 2001, CentralPlaza Ladprao became the first-ever shopping center in Thailand to have been certified and awarded the coveted ISO 9001 -2000.
The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure.
In Thailand non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years and most developers will offer 3 terms for a total of 90 years.
A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.
Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.
#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
After you have found the right property at Nirati Bang Na you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Nirati Bang Na is conveniently located just 280 m from Mini Big C, which can be reached within 3 mins. by foot.
There are many other shops situated in the area of Nirati Bang Na , the 3 closest being:
- VNC MOTOR is 0 m away (about 1 min. by foot)
- Eddy Smart Car Orange is 150 m away (about 2 mins. by foot)
- Narutchai rice trade is 950 m away (about 13 mins. by foot)
The surrounding area, where Nirati Bang Na is situated, offers a wide variety of restaurants. See the closest of them below:
- Pok Pok Wonton Noodles by Uncle Tod is 0 m away (a walk of about 1 min.)
- Lllllil Crispy Flour Pancakes is 0 m away (a walk of about 1 min.)
- Rice and kerry is 0 m away (a walk of about 1 min.)
Ishiiya Cleaning Co., Ltd. is the nearest health facility, which is 430 m away (you can walk there in 5 mins.) from the project, while the closest schools in the proximity of Nirati Bang Na are:
- Sridarun School is 170 m away (about 2 mins. by foot)
- Takenoko International Kindergarten is 460 m away (about 6 mins. by foot)
- boy soccer academy is 640 m away (about 8 mins. by foot)
Suvarnabhumi Airport is located 20.3 km from Nirati Bang Na and it takes about 26 mins. by car or taxi (depending on the traffic) to get there.