All Inspire Development Public Company Limited, a real estate developer specializing in condominiums under the brands The Excel Rise and Impression, is making its mark in the heart of the city in Ratchada, one of the new Central Business Districts (New CBD). They have launched The Excel Ratchada 18 project, a high-quality low-rise condominium in a prime location near the Sutthisan MRT station, with prices starting at just 1.79 million baht. The project is valued at over 800 million baht and presents an attractive opportunity for both living and investment due to its excellent potential, reasonable pricing, and comprehensive amenities, making it the best option available right now.

          Mr. Thanakorn Thanawirith, Chief Executive Officer (CEO) of All Inspire Development Public Company Limited revealed that in the past 2-3 years, the Ratchada - Rama 9 area has been continuously developing real estate projects. The surrounding area sees new condominium projects launched every year, each receiving a positive response. Importantly, the selling prices of new projects in this area have been increasing annually, leading to continuous growth in the residential market, indicating a strong demand for condominiums. Therefore, All Inspire is preparing to launch its latest project, The Excel Ratchada 18, to accommodate the growth of the residential market for both living and investment in the future.

          The 'Ratchada' area is considered a hot spot in Bangkok, serving as a residential area for both Thai and foreign nationals. Ratchada is one of the new Central Business Districts (New CBD). According to the land price assessment by the Treasury Department from 2016 to 2019, the land prices in the Ratchada area range from 350,000 to 450,000 baht per square wah, which is considered high. However, investors are actively purchasing these lands to support the expansion of real estate from business areas like Sukhumvit, Ploenchit, Silom - Sathorn, which continue to grow in population and business development, potentially transforming Ratchada into a major economic center in the future.

          This area is home to a significant number of foreigners, particularly from China, Eastern Europe, and Korea. The highlight of this location is that it is a business district with a large foreign investment and residential population. Most prefer to buy or rent condominiums, and there is a high level of transportation and shopping center development. Notably, the Yellow Line electric train project from Ladprao to Samrong and several large shopping malls, such as Central Plaza Grand Rama 9, are located here, along with many important office buildings, including The Super Tower. Additionally, the Makasan - Suvarnabhumi project, which connects Suvarnabhumi Airport with the inner CBD, enhances travel convenience from the CBD to the airport, making travel faster. This increases the area's potential and makes it an attractive location for residential living, job opportunities, or even real estate investment for rental purposes.

          In terms of condominium investment in the Ratchada area, the average rental yield is 6%. In comparison, the average yield in inner Bangkok is around 3% to 5%, making this location attractive for rental investment due to its proximity to office zones and its potential for renting or selling to foreign customers.

          The Excel Ratchada 18 project is a low-rise condominium with prices starting at just 1.79 million baht*, comprising 270 units across 2 buildings, featuring 1-bedroom (25-29 sq.m.) and 2-bedroom (39-41 sq.m.) layouts. The project, valued at over 800 million baht, is located in Soi Ratchada 18, which is a key selling point that meets the needs for both living and foreign investment. The project also emphasizes design that aligns with the lifestyles of the new generation under the concept of ‘Serenity Living’, reflecting simple happiness through the lush greenery surrounding the project, complemented by comprehensive amenities such as a Lifestyle Lobby with high ceilings, co-working spaces, a gym, a climbing wall, a swimming pool, and a rooftop garden, fulfilling the meaning of ‘Serenity Living’.

“All Inspire is committed to developing condominiums and selecting the best locations that effectively meet the needs of living and investment, covering all target groups with modern design and investment value,” Mr. Thanakorn concluded.

Discover The Excel Ratchada 18 project, “Smart people create opportunities rather than just looking for them.” For those interested, more details can be inquired at Call Center 02 029 9999.

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