AssetWise Continues Success in Rangsit Area with Launch of New Project 'KAVE TU' Starting at Just 1.39 Million Baht*

Officially launched is the ‘KAVE TU’ condominium, a new addition under the KAVE brand, located near Thammasat University, Rangsit Campus, with a project value of over 1.7 billion baht. This project meets the needs of the new generation with the concept ‘Proud To Be You’ and features a spacious common area of over 5,800 square meters, equipped with various amenities throughout the project, starting at just 1.39 million baht. The showrooms will be open for viewing from September 28, and the official pre-sale will commence on October 19 this year.

Ms. Padaporn Moolsart, Chief Executive Officer of Marketing at AssetWise Co., Ltd., a real estate developer dedicated to creating quality living spaces for a better life under the concept ‘We Build Happiness’, stated, “The company remains committed to developing quality housing at reasonable prices, considering living trends, potential locations, and the design of amenities that meet the needs and practical use of our target customers. Our goal is to provide the most valuable living spaces. The KAVE brand condominiums are intended to be Campus Condos, thus we choose locations close to educational institutions that offer convenient transportation. Therefore, students are a key target group for us, as they will be the actual residents of the project. We have studied and gathered information about the needs and lifestyles of students to understand what type of units and amenities will best suit their living requirements. The KAVE brand condominiums emphasize common areas designed to accommodate various activities to fit the lifestyles of the new generation, while also enhancing safety for true peace of mind. Additionally, Campus Condos near educational institutions have high investment potential, whether for rental or resale, due to the clear end-user market of students. This has led to positive responses from previous project launches under the KAVE brand, such as KAVE Condo, KAVE Town Shift, and KAVE Town Space near Bangkok University, which have met our targets. This gives us confidence to expand our condominium developments under the KAVE brand to the area near Thammasat University, Rangsit Campus, with the KAVE TU project, located directly across from the university, offering quality while maintaining the distinctive identity of the KAVE brand, and we are confident it will receive a positive response from both existing and new customers as it has in the past.”

“The company views the area around Thammasat University, Rangsit Campus, as having high demand due to its convenience for commuting in and out of the city, as well as its comprehensive amenities. These factors ensure that condominiums near educational institutions will continue to be in demand, especially in the Chiang Rak area, which is popular among students and university staff looking for housing. This area is also a hub for various lifestyles, including shops and restaurants such as U-square and TU DOME. With over 46,000 students and staff, there is a consistent turnover and an increasing trend in the future, while currently, only 30% of accommodation can support students and staff. From an investment perspective, this is an attractive location, as condominiums near Thammasat University currently have an average rental yield of 6-7% per year, or about 9,000 baht per month, with a capital gain of 5%, which is comparable to city trading rates,” Ms. Padaporn added.

The KAVE TU project is a low-rise condominium project consisting of 8 floors across 4 buildings under the KAVE brand, with a project value of over 1.7 billion baht, comprising a total of 1,016 units in a Fully Furnished format on over 11 rai of land, located next to Khlong Luang Road, just 50 meters from the Chiang Rak gate of Thammasat University, making it a prime location with easy access to the city center and three major routes. It is also close to the Udon Ratthaya Expressway, Don Mueang Tollway, and Si Rat Expressway, as well as the future Red Line electric train (Bang Sue-Rangsit) with stations at Chiang Rak and Thammasat University, providing convenient access to the airport. The area is surrounded by important places such as shopping centers, educational institutions, and various amenities like Future Park Rangsit and Zpell.

KAVE TU is designed based on the needs of students with the concept ‘Proud To Be You’ to cater to the lifestyle of the main target customers. The building's design is inspired by the identity of caves, which symbolize the beginning of human life, reflecting the brand's location near educational institutions. The cave represents a starting point in life. The project features a distinctive design, incorporating red, one of Thammasat University's official colors, as the primary design color, and emphasizes the peacock tree, the university's symbolic tree, to create an atmosphere within the project. It comes with built-in furniture that pays attention to every detail, using quality materials and designing rooms with functionality and practicality in mind.

The company is fully committed to creating a distinctive experience by enhancing common areas both indoors and outdoors, covering over 5,800 square meters, equipped with comprehensive amenities to support the lifestyles of the new generation. Each building has a unique design concept for its amenities, such as Building A: BE RELAXED, designed to use light to create a warm and relaxing atmosphere, featuring a Triple Volume Lobby that is three stories high, providing a spacious and comfortable feel, or an Adaptive Meeting Room for discussions and meetings. Building B: BE SOCIALIZED is a zone for gathering activities, socializing, and large collaborative events, including Co-working spaces, Co-Kitchen areas for cooking enthusiasts, and fun zones like a Music Studio, Game Area, and Live Studio. Building C: BE ACTIVE is focused on physical and mental exercise in an open-plan format, allowing for creative activities, catering to fitness enthusiasts with facilities like a Fitness Center, Boxing Corner, Yoga and Dancing Studio, E-Sport Room, and Sky Lap Pool. Building D: BE FOCUSED is a quiet zone within the project, suitable for work and reading, featuring a Reading Corner and Study Area. Additionally, the project is designed with a central Courtyard area that includes a large swimming pool measuring 100 meters long, along with various activities such as a Jacuzzi, Kids Pool, and a multi-purpose outdoor space designed like an amphitheater with step seating, catering to students who need space for activities, allowing residents to relax with different atmospheres each day. Furthermore, safety is enhanced with a security system that ensures quality living standards,”