The case of the new Nonthaburi city plan As a result, the ratio of total building area to land area decreased. Rising cost of land Requests for new construction permits are reduced, in line with the launch of the new "Nirvana", sending The Most Rattanathibet Lift Double Space with "100 functions, 1,000 lifestyles" to attract new-gen demand.

Sornsak Somwattana, Chief Executive Officer of Nirvana Development Public Company Limited, said that the new city plan of Nonthaburi making land prices more expensive Resulting in a 10% increase in construction costs because on the same land area, the ratio of built area has decreased by 20% from the original ratio of 10:1, reduced to 8:1, lost 20% or from the original building 10 times the land to 8 times the land

As for Nirvana, the land has been purchased for 4-5 years and has not been affected. And do not worry that competitors will launch projects! Because it has advantages in terms of cost, land prices are cheaper. And can build high-rise buildings because through the Environmental Impact Assessment Report or (EIA: Environmental Impact AssessmentReport) before the new Nonthaburi town plan effective Make The Most Rattanathibet project or The MOST Rattanathibet Has the ability to compete higher than competitors who came to develop the project from now on

The Most is a high-rise condominium worth 5,400 million baht, 45 storeys high, with a tangible price in the Affordable modern premium segment, with a starting price of 1.79 million baht or an average price of 7.5 thousand baht per square meter. to expand the new customer base

“The Most Rattanathibet is an important step in expanding investment and expanding the condo portfolio in Nirvana's affordable modern premium segment for the first time! with high value And it is the highest condo in Nonthaburi Province, as if it were an icon. There are as many as 1,832 units on an area of 5 rai on Rattanathibet Road. Close to the Purple Line

Previously, the company focused on developing low-rise residential projects in the luxury market. Including the Banyan Tree Residence Riverside Bangkok project as a super-luxury group of wealthy customers.

This is to expand the customer base of the new generation. with different lifestyles and need more living space than before Because many people are not working full time. This is the reason why The Most Rattanathibet project was developed to meet the needs of the new generation who want a Double Space bedroom with a ceiling height of 4.3 meters, with a proportion of 90%, the remaining 10% being a SIM room. Plex There is a construction plan at the end of 2023, scheduled to be completed in 2026, preparing to launch on August 5, 300-400 units, after which the price will increase.

“At present, the supply of condos in the Purple Line has decreased considerably. Since the past year after the Purple Line train has run more services Therefore, it is an opportunity for Nirvana to introduce new projects in the market to capture existing demand. Because most supply condos on the Purple Line are simplex rooms. does not meet the needs of the new generation"

On the side of Ronnachai Triyasunan, Chief Operating Officer Added that The Most Rattanathibet was developed with the concept of "Happiest.. Every Living", complete with all conveniences. There is a common area of more than 5,000 square meters, facilities of more than "100 functions" and a new design suite. The double space function can increase the living space by adding 2 floors.

“The concept of double space is that we give more space. It can be said that the space has been increased by 50-70%, it can be modified for more functions and is more convenient.

Source:https://www.bangkokbiznews.com/property/1078053

Date 12/07/2023