"Bangwa" is another location influenced by the extension of the electric train, especially the terminal station, Bangwa, which is the intersection of the extended BTS Green Line (Taksin-Bangwa) and the MRT Blue Line (Bang Sue-Hlak Song) that will open in 2019, making this area a complete transit hub connecting all modes of transportation in Bangkok, including cars, trains, and boats at Klong Phasi Charoen, providing convenient travel connections between cities.

This has made the area around the Bangwa Interchange electric train extension a prime investment location influenced by the growth of the Central Business District (CBD) encompassing Sathorn, Silom, and Rama 4, which is expected to create significant job opportunities in the near future from mixed-use projects, resulting in a massive demand for housing, as evidenced by the competition among real estate companies... Additionally, the area "Bangwa" is also home to the project "Beat Bangwa Interchange", the first new condominium project by Northland Development Co., Ltd., a major real estate developer from Saraburi.

Mr. Nopadol Thamwivat, Managing Director of Northland Development Co., Ltd. revealed that the "Beat Bangwa Interchange" project is the first residential development project that is a condominium and the second residential development project of the company in Bangkok, following the D8 project, "Luxury Vertical House" in the Ekkamai-Ramintra area, a joint venture with Deva Real Estate Co., Ltd. (of the group led by Mr. Lertmongkol Waravechachai), targeting high-end customers who want to live in the city not far from the CBD, offering more usable space than a typical condominium, with unique design features and complete personal amenities, including elevators, swimming pools, and parking for 6 cars, with usable space of over 700 square meters (sq.m.) accommodating large families of up to 3 generations, starting at over 30 million baht.

The "Beat Bangwa Interchange" project is developed under the concept of "Utilizing Every Rhythm of Life That Is You", featuring low-rise condominiums of 8 stories in 2 buildings on over 2 rai of land, with 402 residential units and 1 retail unit, providing parking for 135 cars (not including stacked parking), which accounts for approximately 39% of the parking area. Building A has 134 units with a maximum of 27 units per floor, while Building B has 268 units with a maximum of 35 units per floor, with construction expected to start in early 2019 and completion anticipated in 2020, supported by Krungsri Bank for project financing.

The project offers 3 types of units: 1-bedroom units ranging from 25.7-31.8 sq.m. with 323 units, 1-bedroom plus units ranging from 32.6-39.9 sq.m. with 39 units, and 2-bedroom units ranging from 45.9-51.1 sq.m. with 40 units, starting at 65,000 baht per sq.m. or starting at 1.59 million baht per unit.

Pre-Sale opens on November 17-18, 2018, at the project sales office, accessible via BTS Bangwa, Exit 4. For inquiries, please call 02-023-3488, 063-217-6565, or visit www.beatcondo.com.

Confident in the strengths of "Location - Price - Product" to meet target customers' needs.

We are confident in the potential of the location and the selling price that allows target customers to access all functions of living both in the residential units and from the common areas,” said Mr. Nopadol, elaborating that the potential of the "Location" is connected to the BTS Bangwa and MRT Bangwa stations, just 280 meters away, making every journey easy and convenient both into and out of the city, with connections to the Green and Blue electric train lines, as well as boat travel at Klong Phasi Charoen Pier, connecting to major routes in Sathorn, Thonburi, Wutthakat, Ratchaphruek, Icon Siam, Chom Thong, Kalapapruek, and Phetkasem, etc. Additionally, it makes life easier with proximity to universities, hospitals, and shopping centers such as Siam University, British Columbia International School, Phyathai 3 Hospital, Seacon Bangkae, The Mall Bangkae, and various lifestyle centers on Ratchaphruek Road.

Regarding "Price", starting at over 60,000 baht per sq.m., this price point is accessible for most customers compared to other projects in the same area priced at 80,000 baht per sq.m. This makes the selling price of the "Beat Bangwa Interchange" condominium "Value for Money". For instance, purchasing a 1-bedroom unit of 26 sq.m. at a price difference of 20,000 baht translates to a total difference of 500,000 baht, which helps customers save at least 3,000 baht per month on mortgage payments, allowing them to allocate that money for travel expenses.

In terms of "Product", the design of the residential units considers consumer behavior primarily, offering value for the specifications received. The project features over 2,000 sq.m. of common areas with complete facilities, including a 20-meter swimming pool, jacuzzi, relaxation areas around the pool, lobby, co-working space, rooftop garden on the 4th floor, fitness room, game and learning room, convenience store, shuttle service, CCTV, and 24-hour security.

With these strengths, the company is confident that it will meet consumer demand. The "Beat Bangwa Interchange" project targets working-age customers or those starting their lives, particularly Gen Y with middle to lower income levels, who are looking to purchase their first home or a second residence close to work, primarily using the electric train for commuting.

Plans to Increase Capital to Support New Project Launches and Fundraising in the Stock Market

It can be said that the "Beat Bangwa Interchange" is the first new condominium project of Northland Development Co., Ltd., a group from Saraburi with over 20 years of experience in developing horizontal housing under the Tara Fasai brand, having developed over 20 projects worth more than 5 billion baht. To support business growth and the expansion of new project launches, the Managing Director of Northland stated that the company plans to increase its registered capital from 50 million baht to 100 million baht in 2019 and then to 200 million baht in 2020 to support initial plans to raise funds in the stock market, with Capital Link Advisory Co., Ltd. as the financial advisor.

For real estate development investments, in 2019, there are plans to develop 2 new projects in Saraburi, totaling 300 units, priced at approximately 2-3 million baht, with a total project value of over 800 million baht. At the same time, there are plans to expand the investment locations for condominium projects in Bangkok by approximately 2 more projects, with a total value of over 2 billion baht in the southern Sukhumvit area and along the Yellow Line electric train route in the Ratchada-Ladprao area, aiming for a total project value of 2 billion baht in 2019 and expected to increase to 4 billion baht by 2025.

Thank you for the information from www.beatcondo.com