Altitude Development recognizes the potential of the Charoenkrung-Sathorn area and has launched the Altitude Symphony project in this prime location, valued at over 980 million baht. This is a luxury riverside condominium project in the CBD, the only one to be launched in the past two years. The company is confident that this location has significant growth opportunities as it is a major business district and tourist attraction in Bangkok, a world destination that attracts visitors from around the globe. This makes the development of luxury real estate in this area a viable option, catering to the strong purchasing power that remains dense.

          Mr. Chayaphol Hanrungrojn, Managing Director of Altitude Development Co., Ltd., a real estate developer under the brand ‘ALTITUDE’, revealed that the past year has been a challenge for real estate development. Despite continuous growth in the previous year, it must be acknowledged that the number of new condominium units (Supply) exceeds the demand for purchases (Demand). Currently, there are approximately 170,000 new units available, with a sales rate of 75% across all new units. Therefore, it is crucial for Altitude to develop high-quality projects, focusing on location selection, design, and product development that meets the target audience's needs, as studied for each project, including the newly launched Altitude Symphony Charoenkrung-Sathorn, which is the only luxury riverside condominium project in the CBD launched in the past two years, valued at 980 million baht.

          “In the past 2-3 years, the Charoenkrung-Sathorn area has shown clear growth and unique characteristics, especially with the development of 5-star real estate projects. The average price per square meter for condominiums is over 200,000 baht. The selection of location and the project itself, Altitude Symphony, meets the needs of residents very well, being only 400 meters from Shrewsbury International School. The project is situated on a 369 square wah plot, conveniently accessible via Charoenkrung Road and Chan Road, and not far from Icon Siam, a new landmark in Thailand,”

          Mr. Kwanchai Yingjaroenthawornchai, Executive Director of Altitude Development Co., Ltd., further stated that the residential market in Bangkok still has room for expansion, following the growth of the BTS Skytrain. Detached houses, townhomes, or condominiums vary by segment, depending on the buyers' objectives. For city-center condominiums, projects close to the BTS stations will attract buyers, but projects near schools or other public utilities are also important factors. The Charoenkrung-Sathorn area has seen significant growth in recent years, with land prices increasing by an average of 8% due to the scarcity of land in this area. The community has a high growth rate and has been a residential area since the ancestors' time. Therefore, supply remains limited while demand is still high.

          Altitude Symphony Charoenkrung-Sathorn is thus the prime location in the heart of the Charoenkrung-Sathorn area, designed in a Colonial Contemporary style that reflects taste and pride through carefully selected elements that signify identity and the aesthetics of living. It provides space for valuable time with family and fulfills the perfection of urban life, with room prices starting from 4.9 million to 29 million baht. The project began construction in Q4 of 2018 and is expected to be completed by Q4 of 2020.

          The Altitude Symphony Charoenkrung Sathorn project is located on Chan Road 44, covering an area of 369 square wah, consisting of 99 units in one building with 21 floors and 4 basement levels. There are 6 different room sizes with prices starting from 4.9 to 29 million baht, with an average project price of 170,000 baht per square meter, while the market price is 200,000 baht per square meter. The A-type room is a 1-bedroom starting at 30.01 – 30.10 square meters, B-type is a 1-bedroom starting at 39.35 square meters, C-type is a 2-bedroom starting at 61.90 - 73.66 square meters, Loft types range from 42.17 - 125.55 square meters, Duplex is 95.62 square meters, and Penthouse ranges from 104.24 – 147.95 square meters.

          The project is designed in a Colonial Contemporary style and features luxurious amenities including a spacious lobby, a children's room, a 360-degree view swimming pool on the 18th floor, a fitness room on the 21st floor, and a sky lounge on the roof floor, offering beautiful views of the Chao Phraya River. The project provides parking space for up to 83% of units, along with door man and valet services.

          The project is located just 60 meters into Chan 44 Alley, close to major roads such as Charoenkrung Road, Charoenrat Road, Rama 3 Road, and Sathorn Road. It is only 2 minutes from the Si Rat Expressway, with multiple shortcut routes available. Additionally, it is near two BTS stations: Surasak and Taksin Bridge. The project is conveniently located near amenities, workplaces, schools, hospitals, and large shopping malls, being only 400 meters from Shrewsbury International School, Bangkok Christian School, and Assumption College Bang Rak. It is also close to Asiatique The Riverfront, a tourist attraction on Charoenkrung Road, and the Four Seasons Hotel Bangkok, a 5-star hotel within walking distance, and not far from the new landmark shopping mall in Bangkok. Therefore, traveling from the project is easy via car, boat, or BTS to various destinations.

Interested parties can register through the website www.altitudesymphony.com or contact via phone at 0952478999 starting today.

Thank you for the information from www.altitudesymphony.com