Condos for Sale in Thailand’s Upper-end Market in Fierce Competition

February 13, 2019 Thailand

Condos for Sale in Thai Upper-end Market Compete With Lifestyle Offerings

In the latest property outlook report by CBRE Thailand, it seems that there is a fierce competition between Thai condos for sale in the upper-end market. The prices are up and one of a kind offerings are starting to sprout.

Condos for Sale in Thailand's Upper-end Market in Fierce Competition
Bangkok skyline. Image from Shutterstock.

Most of the developers have been launching Thai condos for sale with an asking price reaching THB 300,000. The norm within this market even equates to THB 250,000, says CBRE Thailand. This year, condos for sale in the upper-end market will have a higher competition due to other unsold units from last year.

With the prevalence of multiple high-end projects, people buying a property in Thailand will have a lot of properties to choose from. Some completed projects have even lowered their property prices to clear the inventory.

However, CBRE Thailand says that new condominium projects not only compete with prices. Projects grab each buyer’s attention by offering “unique selling points” such as home automation, rental management services, and mixed-use developments.

Given the circumstance, CBRE Thailand believes that the projects with the most preferable lifestyle choice with a reasonable price will successfully turn heads and increase sales. Below, we listed three condos for sale who grabbed our attention. See if these properties fit your style!

The Home That Might Reflect You

The Collection by Siamese Asset

Condos for Sale in Thai Upper-end Market in Fierce Competition
Photo courtesy of Siamese Asset.

Donning an all modern and sleek look, The Collection by Siamese Asset wins with its location in Soi Sukhumvit 16. Only a mere 10-minute walk away from BTS Asoke, The Collection stands 40 storeys high. This building is not just a pretty face. It also boasts of its meticulously designed interior.

World-class materials sprawl over the project, with kitchen sets designed by Snaidero, an Italian brand headed by Paolo Pininfarina, the famous designer for Ferrari. Other brands included in this home include Hansgrohe and Küpperspusch. As if that’s not enough, future residents can indulge the view of Benjakitti Park from their balconies.

Aside from this, Siamese Asset incorporated a home automation system as well as a specialised PM 2.5 dust removal system, preventing allergens and toxic gasses from entering the unit.

The price of this new condo starts from THB 3.3 to 10 million and is expected to be completed in 2021. See complete property listing here.

Dolce Lasalle by Sirayos Co., Ltd.

DOLCE LASALLE: A Thailand Property Between BTS and MRT Station
Image courtesy of Sirayos Co., Ltd.

Dolce Lasalle emphasises on each resident’s privacy and relaxation. A low-rise condominium with only 178 units stored in an eight-storey building, this Thailand property for sale definitely captures the need for tranquillity. This property is only 700 metres away from BTS Bearing, so that’s a plus.

Facility wise, Dolce Lasalle comes with most facilities that you could expect from a respectable developer. What grabbed our attention is its salted water pool — a quick beach trip in the city. If you are a buyer looking for a quiet escape, this could be your next Thailand property investment.

Learn about this Bangkok property’s unit types and facilities here.

XT Huaikhwang by Sansiri PLC

Condos for Sale in Thailand's Upper-end Market in Fierce Competition
Photo courtesy of Sansiri.

The millennials are now storming their way through the real estate market, and Sansiri just found a way to capture every millennial’s ideal condominium. Focusing on the younger market, Sansiri’s XT series sets its focus on technology, customisation, and new experiences.

In line with that, XT Huaikhwang is equipped with a cooking studio, photo studio, and an arts and crafts studio open for people looking to learn new things. Each room is customisable, so each resident can choose from various layouts that suit their lifestyle.

As expected from a millennial-focused condo, the XT series provides smart solutions such as home automation, smart wash, and smart lock. Once you become a resident, you can also access other XT condominium facilities in Ekkamai and Phayathai. Expect to see virtual reality, board games, co-working spaces, and many more.

You might want to check XT Huaikhwang’s property listing here for a complete review of the property.

If you are looking more for Thailand property for rent or sale, visit our website for the updated property listing.

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