Ms. Aliwassa Pathanathabutr, Managing Director of CBRE (Thailand) Co., Ltd., a real estate project consultant and high-end condominium sales agent, revealed the advantages of the location as the luxury condominium market has noticeably picked up. The new project CELES Asoke is located near the Asoke-Sukhumvit intersection, an area that has long been under market scrutiny due to its Super Prime Location. It is situated on the early section of Asoke Road, close to Sukhumvit Road and the BTS and MRT interchange, making it extremely convenient for car travel with multiple access routes, unlike other points on Asoke Road. Additionally, the early section of Asoke Road has expanded its traffic lanes from 4 lanes (2 lanes in each direction) to 9 lanes, allowing for smoother traffic flow towards Sukhumvit Road. Therefore, while Asoke-Sukhumvit is an exceptional location, it is crucial to choose the right side of the road.

          The Asoke-Sukhumvit Intersection is a prime area in the CBD, making it very difficult to find vacant land for development. This means that CELES Asoke will be a Rare Item in the luxury condominium market, and missing out on it would be a regret.

          This project is a joint venture between Thai and Singaporean developers, establishing Lucky Living Properties Co., Ltd. to develop CELES Asoke, following their previous successful high-end condominium project LIV@49 and several others. While this developer may not be a Big Name, they are a well-established operator in the Sukhumvit area with strong financial backing. Thus, the collaboration to develop a project in the prime location of the Asoke-Sukhumvit intersection has attracted attention from both Thai and international investors, including high-end groups looking for a symbol of success that can be passed down as a legacy to their descendants.

Thank you for the information from    www.cbre.co.th