Property Perfect announced this week that it will be partnering the Siam Cement Group to create several new modular homes project sites in 2010 / 2011 worth an estimated 2 billion baht.

Chainid N. Sirimanee, CEO of Property Perfect said that the proposed partnership will provide a turnkey service for the design, assembly and installation of the homes on the land.

Property Perfect will develop the tracks of land and oversee the design whilst the modular homes will be built by SCG at its Saraburi factory.

The companies have launched 26 plots of land at a site at Rama IX worth a combined 250 million baht that will feature two styles of modular home.

The orginial two designs will be 275 and 319 sqm houses on  150-square-wah plots priced at under 20 million baht.

President for distribution at SCG, Kajohndet Sangsuban,said the new modular homes will cost approximately 20-30% more than traditional style of a similar size and finish homes but cut energy usage by 25-50%.

Production capacity for the SCG modular homes is approximately 220 units a year with a building and assembly time of only four months compared to the eight months it takes for a home constructed using the traditional methods. Once the components are delivered to site assembly takes a mere two days.

Property Perfect is the first property developer in Thailand to use SCG modular homes however last week Siam Cement Group also signed a contract to build units for Tararom Enterprise.

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