“ <\/span><\/strong>AssetWise <\/strong><\/span>” <\/strong>is moving forward to open a new landmark with <\/strong><\/p>

“Modiz Rhyme Ramkhamhaeng <\/strong>(Modiz Rhyme Ramkhamhaeng)   <\/strong><\/p>

The first and only lifestyle condominium in the Ramkhamhaeng area <\/strong>

With a project value of over <\/strong>1.79 <\/strong>billion baht <\/strong>

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AssetWise is pushing forward in the real estate market for the second half of the year, preparing to establish a new landmark with the launch of the project “Modiz Rhyme Ramkhamhaeng ” (Modiz Rhyme Ramkhamhaeng), the first and only lifestyle condominium in a prime location, considered a prime area in Ramkhamhaeng, with a project value of over 1.79 billion baht. The concept is SYNCHRONIZE YOUR LIVING, connecting every rhythm of life that is you, in the Next CBD of Bangkok, with convenient transportation right in the heart of the MRT Ramkhamhaeng station. It comes with complete common areas and facilities to meet every need with lifestyle retail, accommodating every rhythm of life, starting at just 1.89 million baht, with pre-sales opening on August 1st this year.   <\/strong>

Bangkok – Today (July 9, 2020) Mr. Kramchat Wiphanpong, Chief Executive Officer of AssetWise Public Company Limited, a real estate developer committed to creating quality living spaces for a good life, under the concept of “Happiness Designed for You” (We Build Happiness), revealed that “Modiz” (MODIZ) is one of the company’s condominium brands that stands out for its modern design inspired by the surrounding context of the area, focusing on convenient transportation connections along the transit line, as well as incorporating technology to cater to the lifestyles of the target audience, which has received positive feedback from customers continuously across 6 projects, including Modiz Ladprao 18, Modiz Interchange, Modiz Station, Modiz Ratchada 32, Modiz Sukhumvit 50, and Modiz Collection Bangpho.   <\/strong>

“Recently, AssetWise has continued to develop condominium projects under the Modiz brand (MODIZ), now the 7th project, launching the project “Modiz Rhyme Ramkhamhaeng ” (Modiz Rhyme Ramkhamhaeng), a high-rise condominium of 30 floors, with 1 building on over 2 rai of land, consisting of 546 residential units and 9 lifestyle retail units, with a total project value of over 1.79 billion baht. The project is designed under the concept of “SYNCHRONIZE YOUR LIVING <\/em><\/strong>connecting every rhythm of life that is you. <\/em><\/strong> The company recognizes the importance of designing living spaces to meet the changing lifestyle needs due to the COVID-19 situation, thus studying information and developing the Modiz Rhyme Ramkhamhaeng project using the principles of The Next Normal Living to incorporate new technologies or innovations that integrate with the evolving lifestyle, enhancing the project's perfection through three main concepts: 1) Multi-Living Space New Normal, enhancing living quality by creating diverse facilities and common areas that cover various lifestyles, totaling over 25 zones to accommodate all life activities; 2) Residence Utilization, analyzing the additional needs of residents, especially in health, leading to the creation of a Health Station to elevate living standards to cover all aspects of life, ensuring AssetWise residents maintain good health with speed and convenience; 3) Virtual Community, studying the adaptive behaviors of people today, leading to the integration of applications or various technologies to enhance convenience for customers, such as introducing Telemedicine services within the project, etc. All of this aims to meet the increasingly diverse living needs, along with carefully selected fully furnished furniture that is unique, considering functional value in every unit, starting at just 1.89 million baht, with completion expected in the fourth quarter of 2022. <\/span>

The “Modiz Rhyme Ramkhamhaeng” (Modiz Rhyme Ramkhamhaeng) is the first and only lifestyle condominium in the Ramkhamhaeng area, enhancing the uniqueness of living in the new Next CBD area, integrating the project's five distinctive features, including <\/span>

Synchronize your Connectivity for seamless travel to every destination in the potential area of Ramkhamhaeng, which is rapidly growing, with increasing residential density. Key factors include the Orange Line, Yellow Line, and Airport Rail Link, which will contribute to the development of this zone. The expansion of the transit system will make Ramkhamhaeng a Next CBD area, complete with important places that support lifestyles, including shopping centers, educational institutions, hospitals, and many significant public and private facilities.

The project is located in the best location on Ramkhamhaeng Road, just 80 meters from the Ramkhamhaeng station, along the Orange Line, with various convenient transportation options, whether by car, connecting to major roads such as Ladprao Road, Rama 9 Road, Ekkamai-Ramintra Expressway, Pattanakarn, Ekkamai, Thonglor, near the Si Rat Expressway, and just 500 meters from the Ramkhamhaeng pier, providing comprehensive connectivity to various zones. <\/span>

Synchronize your Live-Work-Play connecting quality communities and a balanced lifestyle of Live, Work, and Play, fully equipped with facilities, highlighted by lifestyle retail located on the ground floor of the project, to best meet the lifestyle needs of residents, featuring popular shops and exclusive common areas with Triple Facilities, including both indoor and outdoor spaces such as The Rhyme Lobby, designed elegantly; Harmonic Seating Space, a relaxation area at the front of the project; Infinity Horizon Pool, a large swimming pool with close city views; Cabana, a relaxation corner with clear views of the pool; Savory Cooking Lab, a space for cooking enthusiasts; Cinematic Room, a private cinema with a large screen; Moonshine Party Balcony for inviting friends to private parties, along with many other relaxation areas such as Sky Hot Pool, Long Table Dining Room, Symphony Jacuzzi, Kids pool, Recreation Space, Haven Lounge, Co-working Common, Laundry Lounge, Library, Kiz Club, and the Rooftop of the project designed for ultimate relaxation with Panoramic Bar, Sky Pavilion, Cloud Deck, and Sky Garden Deck, etc.

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Synchronize your well-being The project pays meticulous attention to every detail, especially health, with an O2 Generator installed from the lobby to provide residents with fresh air, including a Health Station or health check area equipped with various health check devices to make it easier for residents to take care of their health and access hospitals conveniently and quickly without needing to travel to the hospital, along with adding a Shade garden, an organic vegetable garden with Radiant Seating, and a selection of top-notch exercise equipment in The Cloud Gym. It also features water filtration systems and air conditioning with PM2.5 dust filters.

Synchronize your smart living equipped with technology and innovations that meet AssetWise standards to facilitate lifestyle needs, including Digital Door Lock, Bluetooth Sound System, Smart Locker, Smart Laundry, and AssetWise Application, an application that provides various conveniences for living within the project, truly catering to the Smart Living lifestyle.

Synchronize your investment The Ramkhamhaeng area has a high demand due to its convenience, making it easy to travel in and out of the city, along with complete facilities. From an investment perspective, it is an attractive location. In 2019, condominiums in the Ramkhamhaeng area had a cumulative sales volume of 12,370 units out of a total of 14,750 units available for sale, with an average selling price of 98,323 baht per square meter. Over the past five years, the average cumulative increase in condominium prices has been 7.2% per year (data from Knight Frank Thailand). Currently, the average rental rate in the Ramkhamhaeng area is between 10,000 – 12,000 baht per month, with a Capital Gain of 8%. AssetWise also provides convenience to customers through Asset A Plus, a service for selling and renting all real estate projects in the AssetWise group, to facilitate customers looking to rent out their residences. <\/strong>

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Ms. Kwan Pitakraksa, Director from Tandem Architects (2001) Co., Ltd., stated about the overall design of the project that it was inspired by the urban essence of Bangkok, one of the world's vibrant metropolises, reflected simply through vertical lines, seamlessly integrated with the landscape and interior to create a continuous narrative, while considering the users' needs. The rooms within the project are designed to meet the demands of the new generation, with large common areas that are complete, with the top three floors being Cloud Facilities, which are interconnected spaces that all residents can experience. Additionally, having retail space at the front of the project meets the lifestyle needs of the new generation perfectly.

Mr. Songpol Boonrit, co-founder and Associate Design Director of Designsplusstyle Co., Ltd., discussed the interior design and material selection for the project, stating, “For the interior decoration, inspiration came from the new generation living an urban lifestyle with diverse lifestyles. The project is decorated in a modern style, using simple lines that harmonize dynamically with the texture of materials such as marble, mirrors, and the freshness of green nature integrated into the interior design. For example, the 29th and 30th floors are designed to connect with light and views of Bangkok, adapting to different times of the day while engaging in activities, covering all needs, including Co-working Common, Savory Cooking Lab, The Haven Lounge, Cinematic Room, and The Cloud Gym, reflecting the essence of Modiz Rhyme Ramkhamhaeng clearly.” 

Mr. Thatchapol Suntharajarn, a director and founder of Landscape Collaboration Co., Ltd., discussed the landscape design, stating, “We aim to create a new skyline for the Ramkhamhaeng area, designing the building and landscape as natural elements to create green spaces. The building resembles a mountain, with green spaces cascading down like mountain peaks. Besides the building, the common area is crucial, as during lockdown, residents showed an increased demand for such spaces. Thus, we designed a swimming pool that opens up views of the Ramkhamhaeng cityscape, and the pathways at the top of the building connect green spaces on each floor to enhance freshness and visual comfort for residents.”

Mr. Kramchat added, “We are confident that Modiz Rhyme Ramkhamhaeng will be another quality project from AssetWise, fully equipped with design, material selection, and a location with potential for convenient transportation close to the transit system, along with comprehensive facilities that we have prepared, ensuring a positive response from both new and existing customers. 

Additionally, the company has submitted a filing and draft prospectus to the Securities and Exchange Commission (SEC) to offer common shares to the public for the first time (IPO). This fundraising and registration in the stock market will enhance the growth potential of the company group and provide funds for the development of the Modiz Rhyme Ramkhamhaeng project, as well as future project developments, which will help drive the business of the group to grow strongly and sustainably.” Mr. Kramchat concluded.

Interested parties can register for discounts of up to 500,000 baht at www.assetwise.co.th, with showrooms open for viewing starting July 20, and pre-sales commencing on August 1 at the Modiz Rhyme Ramkhamhaeng Sales Gallery. For more details, call 02-168-0000 or Line: @assetwise.

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#modizrhyme #synchronizesyourliving #assetwise #newramkamhaeng #webuildhappiness

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