Can anyone think of a good name for a new condominium project in Thailand with British colonial architecture and luxury standards similar to Raffles in Singapore inspired by the Orient?

Answer How about "THE LANNA TAI" after the anchient Lanna kingdom of Northern Thailand. I'm not sure where your condo project is, but the Lanna name is well known and historic.

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What the similar of condominium with townhouses?

Both are housing units. A townhouse may be a condominium, and may be owned; or not.A condominium is always owned, and may be a townhouse; or not.