Presales will begin next week (May 19-20) at The Estates @ Thapra (pictured), a new eight-storey low-rise condominium development in Bangkok.
The
185-unit project is located on the Thonburi side of the city and is
close to a planned MRT station on Charansanitwong Road. Prices, which
will start from THB1.29 million or THB57,000 per sq
m, include furnishings, air conditioners, a kitchen set and Wi-Fi. The
project also includes a fitness centre, roof garden and a swimming pool.
Sumrith
Thanakarnjanasuth, Chief Executive Officer of developer The Estate Co.
Ltd, said: “I am totally confident with this low-rise project since it
only has eight storeys and 185 units. It is highly suitable for modern
living dwellers whom need privacy and comfort. Given its location in
Thapra, it can be easily and quickly commuted to Bangkok’s downtown and
business districts.”
The Thapra area of Bangkok has witnessed an
influx of developers in the past three years, especially in the THB2
million to THB3 million price range.
Andrew Batt, Regional Group Editor of PropertyGuru,
said: “Thapra was overlooked for many years because of its location on
the ‘other side’ of the Chao Phraya river from the city, however that’s
changed and it’s arguably one of the hottest parts of the city at the
moment. Planned extensions of the mass transit routes can only add to
its popularity, although the area is still very much off-the-radar for
overseas buyers.”
The Estates is a joint development between food
and garment venture capitalists, whose previous property developments
include The Colory Vivdi in the Huay Kwang area of Bangkok, and a
premium detached housing project at Sriracha in Chonburi province.
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