Chaeng Wattana Turns Out To Be an Innovative Development Center
A lot of Bangkok property developers are turning their interest to the neighborhood of Rattanathibet and Chaeng Wattana roads, as the forthcoming opening of the new Bangkok Government Centre is making the area a center of attention for urban growth.
A recent survey revealed that property firms consider there will be huge demand for apartments in the area once the new government centre starts operations. Numbers of them are launching fresh projects there.
Sansiri, for example, has launched its most recent detached house project, Burasiri, on Chaeng Wattana Road. With just 184 units in a promotion for prices beginning at Bt5.14 million, the project has a market price of Bt1.2 billion.
The company's senior marketing manager Samatcha Promsiri said Sansiri saw huge demand in the site after the new government centre started.
The University of the Thai Chamber of Commerce also plans to release a fresh branch in Chaeng Wattana Road.
The new Bangkok Government Centre is a Bt19billion civil service complex on Chaeng Wattana Road that is at present above 80% finished.
The building will accommodate 35 government agencies and will develop into the workplace for approximately 30,000 civil servants. Developing the huge centre, on top of other government owned properties, has turned Dhanarak Asset Development, a state enterprise in the Treasury Department, successfully Thailand's leading property developer.
The range of the Chaeng Wattana project is now attracting an outbreak of housing developments, including condominiums in addition to detached housing.
Quality Houses has established two detached housing projects, jointly of value Bt4.51 billion. They comprise Laddarom at ChaipreukChaeng Wattana Road, of value Bt2.01 billion, and Casa Ville, of value Bt2.5 billion, on RatchaphreukChaeng Wattana Road.
Vilailux Development is setting up a condominium project of value Bt1 billion on a 10rai plot on Chaeng Wattana Road in 2009, its executive vice president Oraphan Laoprapassorn said.
Preuksa Real Estate has by now launched condominium projects in its brand The Seed in the Chaeng Wattana area. The buildings will be of 8 storeys and will present three types of apartments with floor space of about 22.5-64 square meters.
Moreover, The Bt200million project will present 60 units of 200 square meters.
A recent survey revealed that property firms consider there will be huge demand for apartments in the area once the new government centre starts operations. Numbers of them are launching fresh projects there.
Sansiri, for example, has launched its most recent detached house project, Burasiri, on Chaeng Wattana Road. With just 184 units in a promotion for prices beginning at Bt5.14 million, the project has a market price of Bt1.2 billion.
The company's senior marketing manager Samatcha Promsiri said Sansiri saw huge demand in the site after the new government centre started.
The University of the Thai Chamber of Commerce also plans to release a fresh branch in Chaeng Wattana Road.
The new Bangkok Government Centre is a Bt19billion civil service complex on Chaeng Wattana Road that is at present above 80% finished.
The building will accommodate 35 government agencies and will develop into the workplace for approximately 30,000 civil servants. Developing the huge centre, on top of other government owned properties, has turned Dhanarak Asset Development, a state enterprise in the Treasury Department, successfully Thailand's leading property developer.
The range of the Chaeng Wattana project is now attracting an outbreak of housing developments, including condominiums in addition to detached housing.
Quality Houses has established two detached housing projects, jointly of value Bt4.51 billion. They comprise Laddarom at ChaipreukChaeng Wattana Road, of value Bt2.01 billion, and Casa Ville, of value Bt2.5 billion, on RatchaphreukChaeng Wattana Road.
Vilailux Development is setting up a condominium project of value Bt1 billion on a 10rai plot on Chaeng Wattana Road in 2009, its executive vice president Oraphan Laoprapassorn said.
Preuksa Real Estate has by now launched condominium projects in its brand The Seed in the Chaeng Wattana area. The buildings will be of 8 storeys and will present three types of apartments with floor space of about 22.5-64 square meters.
Moreover, The Bt200million project will present 60 units of 200 square meters.
Labels: Bangkok Property Developers, condominium project, condominiums, detached house project
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