Negative factors do not shake! super luxury condo Thai and foreign millionaires flock to shop. The latest Tonson One Residence project worth 3,000 Million, prices ranging from 23-190 million baht in the Chidlom-Ploenchit location. Announcement at the end of this year will close the sale.
Mr. Supachok Panchasub, Chief Executive Officer, Asset Five Group Public Company Limited, together with Mr. Thitiwat Khu Wijitsuwan Executive Director of Capstone Asset Co., Ltd. views that the overall real estate market this year remains stable. due to being affected by negative factors decreased purchasing power Rising household debt lowers confidence While the luxury condo market is still going well because the customer group has high purchasing power Both Thais and foreigners which is not affected by economic conditions different from lower-middle level customers with problems in obtaining credit from financial institutions with more stringent measures
It can be seen from the sales of the Tonson One Residence project, a 29-storey super luxury condo with 80 units worth 3,000 million baht, with an area of 57-387 square meters, with a price range of 23 -190 million baht in the Chidlom-Ploenchit location In the past, sales 90% and 40% transfer, accounting for all sales, worth 900 million baht, average selling price 35 million baht per unit It is expected that by the end of this year, the sale of Tonson One Residence project will be closed, which is a joint venture project with Capstone Asset Co., Ltd. after the sale was launched in 2019, with a revenue target of 1,600 million baht this year.
“Customers who come to buy Tonson One Project are 70% Thai people, 30% foreigners, both Asian and European, such as Hong Kong, Singapore, Malaysia, there are no Chinese people coming in yet. to German businessmen There are 3 penthouse units left.
Currently, the remaining 10% of sales, even if foreigners come to buy all 49% of foreign quotas have not yet been filled, reflecting that Luxury condo buyers in Bangkok Most of them are still Thai people, not foreigners. And is a group that still has a demand for luxury condos continuously since the outbreak of the COVID-19 situation, which the project has not reduced the price for sale Recently, the selling price has been increased by 10% or the average price is 350,000 baht per square meter.
As for the Tonson One Residence project, it is a 29-storey condominium project consisting of 80 private residential units, with room sizes ranging from 1 to 3 bedrooms and living space ranging from 57 sq m to 387.5 sq m. m. Every suite has a hallway in front of a private elevator and the interior has a wide open view on both sides. The project comes with state-of-the-art facilities including reception area with butler service, meeting room, function room with fully equipped kitchen, 25 meter swimming pool and Jacuzzi, fitness room. body
and private yoga and pilates studios. The project has an automatic parking system. It can accommodate up to 117 cars and is designed to accommodate supercars and family vans. There is a team of experienced specialists who provide parking assistance and system maintenance throughout use.
The project is located only 300 meters from Chidlom BTS station and 350 meters from Ploenchit BTS station, surrounded by various facilities. Whether it is major shopping centers such as Central Embassy and Central Chidlom department stores, famous health care facilities such as Lumpini Park and Bumrungrad Hospital. Including important educational institutions such as Chulalongkorn University and Martha Dei College.
Source:https://www.bangkokbiznews.com/property/1084094
Date 18/08/2023