All Inspire Development Public Company Limited, a real estate developer specializing in condominiums under the brands The Excel and Rise, is moving forward with the launch of a new project, The Excel Hideaway Ratchada-Huai Khwang, valued at over 1.3 billion baht, with prices starting at 1.59 million baht. This project is strategically located in the New CBD of Bangkok, targeting working professionals and Chinese investors, with confidence in high demand suitable for both living and rental, expected to yield returns of 5-7% per year.

Mr. Thanakorn Thanawirith, CEO of All Inspire Development Public Company Limited, revealed that the Ratchada area is currently a hot spot, considered a new business center. In 2018, the Blue Line subway will be the first completed line in Thailand, connecting from Tao Poon to Ratchada and Phra Ram 9, linking the New CBD of Bangkok to Sukhumvit and Silom, key business districts. The Blue Line will play a significant role in connecting various important locations in Bangkok, enhancing the area's potential with its central location surrounded by numerous amenities such as shopping malls, educational institutions, and office buildings, leading to continuous growth in the housing market in this area.

In the past 6-7 years, from 2011 to 2017, private investments in shopping centers and office buildings in the Ratchada area have exceeded 1 million square meters within just 6 years. Future developments, including the Super Tower, are expected to increase the workforce in the area by approximately 57,000 people, indicating that this location still has room for growth.

In the condominium sector from Lat Phrao Intersection to Rama 9 Intersection, projects currently for sale range from 80,000 to 150,000 baht per square meter. The Ratchada area has been recognized as a New CBD due to its large employment centers, causing both land and condominium values to rise rapidly, further fueled by investments from Chinese businessmen purchasing multiple units in various projects in the Ratchada area, leading to new condominium prices increasing by 10-15% annually.

Investing in residential properties in the Ratchada area is considered highly promising, especially for rentals, with occupancy rates nearly full year-round and rental prices ranging from 12,000 to 30,000 baht per month, providing a return rate of about 5-7% per year (depending on the project), along with an increase in condominium value when reselling or capital gains of up to 6-10% per year.

As for the project The Excel Hideaway Ratchada-Huai Khwang, it is an 8-story low-rise condominium consisting of 592 units, with a project value of 1.28 billion baht and prices starting at 1.59 million baht, fully furnished. Its prime location is approximately 1 km from the Huai Khwang MRT station, with large amenities and an average price of 70,000 - 80,000 baht per square meter, making it easily accessible for customers.

Recently, for those interested in owning a high-quality condominium in a prime location with high returns, the company is preparing to open for initial reservations at the campaign event “All Life Dimensions” from February 19-22 at Terminal 21, MF level (connecting to BTS Asoke station). For more information, please visit www.allinspire.co.th or call 02 029 9999.

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