As a result of the current market status, Pruksa Real Estate Co., Ltd. is currently working on middle tier Bangkok condo projects. The company made the move since they found out that presales in all segments are not doing well. Unlike in the lower-priced segment, properties amounting at 1 million baht are getting more revenue.
In the same way, AssetWise Co., Ltd. will also work on condominiums which will be at least lower than 2 million baht. The strategy was put together since AssetWise spot the opportunity for affordable Thailand property. As per company’s research, buyers have the money it’s just that they tend to rethink because of the increase in initial payment.
What to expect?
Even if the Bangkok real estate market is not stable, developers are still building condos that will meet the lifestyle and budget of investors.
Design, amenities, and quality of new high-rise condos are not compromised. Looking at Chapter Chula-Samyan of Pruksa Real Estate Co., Ltd. and Atmoz Chaengwattana of AssetWise Co., Ltd. both are exceptional.
The difference is that these affordable residential properties only offer studio, 1 bedroom, and 2-bedroom units. Nonetheless, fitness center, swimming pool, skyline deck, leisure garden, and 24 hours security are still available.
Looking for houses for sale? Like the official Yazhou Property Facebook page and follow us on Instagram for daily property news and updates.
Own a Thailand property? Now is your chance to boost your income. How? Rent out your unit! Simply sign-up on AP365 and register as an owner. Manage multiple properties in a single dashboard and connect with tenants instantly with the assistance of property agents!
Yazhou Property is a Property and Lifestyle website. We provide fresh overseas real estate news and the hottest real estate property for sale. We also give helpful tips to aid you in your real estate journey and your overseas property investment.
Find real estate for sale around Asia in our updated property listing. You could also find the best real estate agents and real estate developers on our website! Contact us now to learn more about our services