by kevinyeo | Dec 11, 2018 | Bangkok Property Market Updates, Investment Analysis, Rental Market & Landlord Guides
Rental demand in the popular Bangkok neighborhood is always strong among expats, especially Japanese.
The condominium market in the mid-Sukhumvit area (from Sukhumvit Soi 21 to Ekamai Road) has shown continuous growth, with a surge in selling prices per square meter over the past five years, according to Nexus Property Marketing Co Ltd.
Average selling prices in this popular residential area of Bangkok have risen by 8.2% per year on average, followed by 7.2% in the Pathumwan-Ratchathewi area and 6% in the Sathon-Bang Rak area. Mid-Sukhumvit features a total of 191 projects with 43,418 units, 88% of which have been sold. Pathumwan-Ratchathewi has 135 projects with 38,912 units and Sathon-Bang Rak 86 projects with 20,385 units.
One of the most attractive locations in the mid-Sukhumvit area is Thong Lor, known for an abundance of famous restaurants, stylish cafes, and small community malls. Local charm makes it a prime area for those who want to live in the city centre and for those who see a good opportunity to invest in and rent condos to Thais or foreigners, especially Japanese.
The appeal of Thong Lor can be seen in average selling prices for high-end condominiums, which have reached 250,000 baht per sqm, said Nexus managing director Nalinrat Chareonsuphong.
In reviewing sales records for 50 condominiums with a total of 11,386 units in Thong Lor between 2003 and 2018, Nexus found the average final price per sqm was 12% higher than the average when the projects were first launched. However, the average resale price was up 32% of the average opening price during the last 15 years.
From an investment perspective, sales prices of condominiums in Thong Lor have advanced at a faster pace than rental rates. Consequently, the investment yield in new projects may not be as high as in existing projects.
A survey of the condominium rental market in Thong Lor shows the average annual yield is between 3% and 6% with properties falling into three groups: high yield at around 6%, average at 3.8% and low at 3%. The differences reflect various factors such as location, price, unit size, common spaces, surroundings, and extra services in each building. Nexus has identified three main factors for projects to achieve high yields of 5-6% as follows:
Location. This is the first factor everyone considers when they want to buy condominiums for investment. The project should offer ease of access, be near public transport, linked to main roads and surrounded by conveniently reachable stores and restaurants.
Services. Complete services have a strong impact on purchasing decisions. If projects can provide extra services such as shuttle transport or private taxis and coordination of housekeeping, car wash, and repair service agents, they are likely to attract more attention from tenants.
Maintenance. This helps sustain a good image for a condominium. If a project has been open for a long time and is still in good condition, tenants will be more confident and will stay longer. Investors will see a higher return than at a newly launched project where they would have to buy at a higher average price.
Although the average yield in Thong Lor is modest at around 3.8%, rental demand in Thong Lor has never fallen and is stronger than in some other areas of the capital with higher yields.
Thong Lor is the expat centre of Bangkok, and foreigners, especially Japanese, like to live there because there are many restaurants, stores, and amenities that suit the Japanese lifestyle. Therefore it’s not surprising that Thong Lor has become a prime rental market.
“Thong Lor is an attractive location for property investment because there is high demand from foreigners who are looking for a place to rent and it offers more possibilities of obtaining a consistent return,” said Mrs. Nalinrat.
“In the Thong Lor area, the sooner you invest, the better the yield you will get in the future, as the average selling price keeps going up every year, so the yield could go lower.”
by Daryl Lum | Dec 11, 2018 | V Property
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Vertier Sukhumvit by V Property Development
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Vertier Sukhumvit by V Property Development
Vertier Sukhumvit is a condominium project, developed by V Property Development. The condominium is located 50 metres from Phra Khanong BTS Station. Phra Khanong is one BTS station away from Thong Lor BTS. This area is very popular with the Japanese expatriate community as well as working professionals and the local Thais. The area is full of amenities and is very convenient to get to the Central Business Districts of Bangkok.
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Vertier Sukhumvit Location Map
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Vertier Sukhumvit developer sales website:
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Visit the Vertier Sukhumvit Facebook Page:
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Related articles about Vertier Sukhumvit:
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Related videos about Vertier Sukhumvit:
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by Daryl Lum | Dec 11, 2018 | Featured Ready To Move In Projects, Origin Projects
[fusion_builder_container hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”left top” background_repeat=”no-repeat” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”no”][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]
Park Origin Phrom Phong by Origin Property (Former Park 24)
[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”left top” background_repeat=”no-repeat” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”no”][fusion_imageframe image_id=”3237|full” max_width=”” style_type=”none” blur=”” stylecolor=”” hover_type=”none” bordersize=”” bordercolor=”” borderradius=”” align=”none” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]https://investbangkokproperty.com/wp-content/uploads/2018/12/Park-24.jpg[/fusion_imageframe][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”left top” background_repeat=”no-repeat” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”no”][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]
Park Origin Phrom Phong by Origin Property (Former Park 24)
Park Origin is a condominium project, developed by Origin Property. The condominium is 500 metres from Phrom Phong BTS Station. It is near the EM District, next door to the world-class shopping malls Emporium, The EMQuartier and The EMSphere. It consists of 3 high-rise towers with a total of 836 units. The units range from 1-bedroom, 2-bedroom and duplex units.
[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”left top” background_repeat=”no-repeat” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”no”][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]
Park Origin Phrom Phong Location Map
[/fusion_text][fusion_imageframe image_id=”3238|full” max_width=”” style_type=”none” blur=”” stylecolor=”” hover_type=”none” bordersize=”” bordercolor=”” borderradius=”” align=”none” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]https://investbangkokproperty.com/wp-content/uploads/2018/12/Park-24-Location-Map.jpg[/fusion_imageframe][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”left top” background_repeat=”no-repeat” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”no”][fusion_code]PHNjcmlwdCB0eXBlPSJ0ZXh0L2phdmFzY3JpcHQiIHNyYz0iaHR0cHM6Ly9hcHAuZ2V0cmVzcG9uc2UuY29tL3ZpZXdfd2ViZm9ybV92Mi5qcz91PUJkeTlUJndlYmZvcm1zX2lkPUJITENYIj48L3NjcmlwdD4=[/fusion_code][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”left top” background_repeat=”no-repeat” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”no”][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]
Visit the Park Origin Phrom Phong developer sales website:
[/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””]
Coming Soon!
[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”left top” background_repeat=”no-repeat” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”no”][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]
Visit the Park Origin Phrom Phong Facebook Page:
[/fusion_text][fusion_button link=”https://www.facebook.com/Park-24-536158576882581/” text_transform=”” title=”” target=”_blank” link_attributes=”” alignment=”center” modal=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” color=”custom” button_gradient_top_color=”#3b5998″ button_gradient_bottom_color=”#3b5998″ button_gradient_top_color_hover=”#3b5998″ button_gradient_bottom_color_hover=”#3b5998″ accent_color=”” accent_hover_color=”” type=”” bevel_color=”” border_width=”” size=”” stretch=”default” icon=”” icon_position=”left” icon_divider=”no” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” border_radius=””]Facebook Page[/fusion_button][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”left top” background_repeat=”no-repeat” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”no”][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]
Related articles about Park Origin Phrom Phong:
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Coming Soon!
[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”left top” background_repeat=”no-repeat” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”no”][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]
Related videos about Park Origin Phrom Phong:
[/fusion_text][/fusion_builder_column][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”left top” background_repeat=”no-repeat” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”no”][fusion_separator style_type=”none” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” sep_color=”” top_margin=”20px” bottom_margin=”20px” border_size=”” icon=”” icon_circle=”” icon_circle_color=”” width=”” alignment=”center” /][fusion_button link=”https://www.youtube.com/c/InvestBangkokProperty?sub_confirmation=1″ text_transform=”” title=”” target=”_blank” link_attributes=”” alignment=”center” modal=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” color=”custom” button_gradient_top_color=”#ff0000″ button_gradient_bottom_color=”#ff0000″ button_gradient_top_color_hover=”#ff0000″ button_gradient_bottom_color_hover=”#ff0000″ accent_color=”” accent_hover_color=”” type=”” bevel_color=”” border_width=”” size=”large” stretch=”default” icon=”” icon_position=”left” icon_divider=”no” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” border_radius=””]Visit the Invest Bangkok Property YouTube Channel for all our videos[/fusion_button][fusion_separator style_type=”none” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” sep_color=”” top_margin=”20px” bottom_margin=”20px” border_size=”” icon=”” icon_circle=”” icon_circle_color=”” width=”” alignment=”center” /][/fusion_builder_column][fusion_builder_column type=”1_1″ 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by Daryl Lum | Dec 11, 2018 | Featured Projects, Featured Ready To Move In Projects, SC Projects
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Beatniq Sukhumvit 32 by SC Asset
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Beatniq Sukhumvit 32 by SC Asset
Beatniq Sukhumvit 32 is a condominium project, developed by SC Asset. The condominium is located within a 5-minute walk to Thong Lor BTS Station. The development is an ultra-luxury class condominium and is located along the main Sukhumvit Road. It is also close to The EmQuartier and Emporium which are next to Phrom Phong BTS Station.
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Beatniq Sukhumvit 32 Location Map
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Visit the Beatniq Sukhumvit 32 developer sales website:
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Coming Soon!
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Visit the Beatniq Sukhumvit 32 Facebook Page:
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by kevinyeo | Dec 9, 2018 | Bangkok Property Market Updates
As much as 300,000 rai is being prepared for development into industrial areas for the government’s flagship Eastern Economic Corridor (EEC)
The areas will be expanded from those owned by 21 existing industrial estates that span 82,000 rai. They also exclude 20,000 rai to be allocated for the development of the Eastern Economic Corridor of Digital (EECD) and Eastern Economic Corridor of Innovation (EECI).
Monton Sudprasert, director-general of the Department of Public Works and Town and Country Planning, said a draft of the EEC town plan that governs the new industrial areas is likely to be finalized in December before being submitted later for a public hearing.
“The EEC town plan will come into force by the middle of next year to conform with anticipated higher demand for the industrial development, especially for 12 targeted industries,” he said.
The new EEC town plan will cover transport and infrastructure, information technology for the EECD and EECI, education, new smart cities, housing areas, green areas for farming, and garbage and water management.
“The expansion of industrial areas will not affect agricultural areas,” Mr. Monton said, noting that the surrounding areas of existing industrial estates are not all farmland.
He said the new EEC town plan will also cover land use for commercial purpose around U-tapao airport and the planned stations of the high-speed railway linking three major airports.
The government should benefit from developing the areas, he said.
Pierre Jaffre, president of Airbus Asia-Pacific, which is partnering with Thai Airways International Plc in developing a maintenance, repair and overhaul (MRO) centre at U-tapao airport, said Thailand is in a good position to become an aviation hub in Asia-Pacific, which has 90 million passengers, accounting for 5.5% of global passengers.
Asia-Pacific has 7,000 aircraft, with the number projected to reach 16,000 over the next 20 years.
Mr. Jaffre said Airbus also plans to manufacture a satellite at the EEC that will be a cooperative effort of the company and the Geo-Informatics and Space Technology Development Agency.
He said Airbus is also interested in the defense industry, which has been recently included in the government-promoted targeted industries, as well as supplying helicopters for medical services.
Kanit Sangsubhan, secretary-general of the EEC, said the development will be a model for special development zones. The next corridor is expected to be the Southern Economic Corridor.
Prime Minister’s Office Minister Kobsak Pootrakool said the National Economic and Social Development Board is scheduled to propose that the cabinet approve the SEC master plan this month or early next month.
The SEC’s main development projects include the construction of the Chumphon-Ranong double-track rail, worth 10 billion baht, and an upgrade of Ranong port, worth 10 billion baht.
Development is expected to be implemented by the middle of next year.
The Southern Economic Corridor will span four provinces: Nakhon Sri Thammarat, Chumphon, Ranong and Surat Thani.
