Chinese millionaires flock to buy condos - luxury homes near international schools Ratchada-Bangna boom location, real estate points to a new selling point from the original wanting to be near the BTS. or hospital While Britannia joins the Kasem Bundit University group to leverage 34 rai of land, Krungthep Kreetha, Grand Britannia.

At this time, the International School (Inter) in Thailand is very fragrant. When Chinese parents want to send their children to study at a quality international school in Thailand to build a good foundation for learning to help expand their business. including expanding business in Thailand

Nattaporn Kluensaew Director of Operations Department, Real Asset Development Co., Ltd., said that nowadays, more and more Chinese people have come back to do business in Thailand. make the location in Ratchada area which is like "Chinatown 2" is back to life again!

At the same time, more children have been sent to study in international schools in Thailand. As a result, residential areas in the Ratchada and Bangna areas received more attention. Because it is a location with many international schools such as Verso, Concordian, Bangkok Phatthana, St Andrew's, Berkeley, ICS, etc.

“Chinese people prioritize residential locations near their children's schools. It is a new selling point for developers with a project location close to international schools. especially the house project From originally wanting to be close to the train or hospital"

such a trend This year, the company has prepared new projects and existing projects for sale to support the purchasing power from China. including Thai customers In this year's condo project, there will be ARLO LASALLE 17 project, formerly All Inspire's The Excel Lasalle 17 project, which is a low-rise condominium with 4 buildings on more than 4 rai of land with 581 units of residential units. 1,240 million baht, expected to open for sale in the third quarter of this year

Next comes the second phase of a space mega 2 project that has attracted attention from Chinese people buying big lots of 50-60 units, priced at 1.2 hundred thousand baht per square meter. or 2.89 hundred thousand baht per unit and The Stage Made By Me Ratchada-Huay Kwang project. This is a new project adjacent to Pracharat Bamphen Road.

For low-rise projects, there are 3 main projects located in Bangna zone. Currently, the company has developed 3 projects worth more than 2,900 million baht, consisting of Viranya Bangna-Suvarnabhumi, Sense Bangna-Suvarnabhumi and Stories Bangna-Suvarnabhumi. It is a house that targets the mid- to upper-middle market, priced at 2.5-8 million baht, and has been well received by Chinese and Thai customers who are looking for housing near international schools at an affordable price.

In addition, in the second half of the year, the company will launch two more projects, Vivaldi Bangna, Soi Wat Klong Palad Priang. It is only 1.8 kilometers from Bangna Road. It has been developed into a brand new detached house project that is preparing to raise the standard to target high-end customers, selling prices of 10-20 million baht, worth more than 1,300 million baht, and the Viranya Rangsit-Wongwaen project. is a detached house On the Ring Road - Lam Luk Ka Khlong 5, the selling price starts at 3.XX million baht, worth more than 1,250 million baht. It is expected that this year the company will have sales of 3,300 million baht.

  Surin Sahachat Pokanan Chief Executive Officer of Britannia Public Company Limited said after the company announced a business model that allows owners of land in potential locations across the country to jointly develop housing projects. To create opportunities for mutual growth, recently, the company has reached an agreement with Kasem Bundit Co., Ltd., the owner of a land of potential in eastern Bangkok, the famous family "Suwandee", who initiated and founded Kasem Bundit University. to jointly develop a housing project "Grand Britannia Krungthep Kreetha-Romklao"

The project is designed as a detached house. and a new high-end 2-storey house series with usable areas of 205-285 square meters, totaling 128 units, located in potential locations. on Rom Klao Road can choose to travel in various routes Connected to Srinakarin-Romklao Road and motorway Traveling to Suvarnabhumi Airport only 8.5 km. Airport Rail Link 10 km. Near Sarasas School Witat Romklao Debsirin Romklao School King Mongkut's Institute of Technology Ladkrabang

Suwat Suwandee, Kasem Bundit Group's chief executive, revealed that the company is looking for a strong partner. have the ability to jointly create opportunities for mutual growth in the future. Britannia has the potential, experience and expertise in developing housing projects in all segments that will enhance the living standards of Thai people. Through design, design, function, innovation that meets the heart

“The strength of the Grand Britannia brand with great potential. It has consistently received good feedback from consumers. The company is therefore confident and decided to jointly develop a low-rise residential project for the first time.”

Senee Suwandee, Chief Executive of Kasem Bundit Group added that In the past, we were in the real estate development business before turning ourselves into the field of education. that provides private education from kindergarten, elementary, secondary, vocational education to the university level

“This is the first time that we jumped into the real estate business. that is a big project We see that the real estate business There is still a good growth direction. Consumers still have a constant demand for accommodation. Because housing is one of the 4 factors that are necessary to live.

for this joint venture will increase the value of the assets held to be higher It is also an opportunity to learn the experience and knowledge in the development of large-scale residential projects from Britannia.

Source:https://www.bangkokbiznews.com/property/1066156

Date 03/05/2023