The new generation of working adults is increasingly moving to the outskirts of the city due to the high cost of land and housing that exceeds their income ceilings. As urban expansion occurs, the development of job opportunities and residential areas follows suit.

Sukhumvit 101 - 101/1, also known as 'Punnawithi', is a hot location that ranks among the top choices for the new generation. With convenient transportation that connects home and work within just 15-30 minutes, comprehensive amenities, affordable housing prices, and the emergence of job hubs for startups, this area is becoming the next future of Sukhumvit.

The Matt Sukhumvit 101/1 is a lifestyle condominium that caters to every rhythm of life for the new generation. It offers a solution for those seeking a residence that allows them the freedom to choose their own pace, for the following five reasons:

1. Growth of Low Rise Condo Prices in Sukhumvit 101

Looking back to 2012, the presale price of new condos launched at that time was around 40,000-50,000 THB per square meter. Since then, prices have steadily increased, with the current average presale price at 76,000 THB per square meter. The average growth rate of Low Rise condos in this area is 8% per year, which is quite substantial. New projects launched in 2019-2020 had price ranges of 65,000-95,000 THB per square meter, but current prices for ongoing projects have risen to 70,000-100,000 THB per square meter. This trend indicates the potential for price growth in the area, and we can expect to see Low Rise condos launching at over 100,000 THB per square meter soon. Additionally, Low Rise condos are rare items in Sukhumvit due to limited land availability and their appeal as private residences, making them highly sought after in the market.

2. Sukhumvit 101: A Livable and Desirable Location

When looking for a place to settle, it’s not just about price trends; the location must also be “livable and desirable.” Sukhumvit 101 is a small, diverse area that is well-equipped and highly livable.

The rapid expansion of the Sukhumvit area has changed the perception of Sukhumvit 101 from a distant suburban location to a vibrant hub. With the establishment of major players like True Digital Park, Sukhumvit 101 has seen rapid growth, transforming from a residential area for those in central Sukhumvit to a balanced job-housing location. This area hosts both new and established companies such as True Digital Park, DKSH, Bangchak Corporation, and Samakkee Pharmacy Building, along with several international schools like Wells International School, St. Andrew's International School, and Glory Singapore International School.

In terms of shopping and hangouts, Sukhumvit 101 has become livelier with the arrival of 101 The Third Place, a mixed-use project that combines various restaurant brands and amenities. Additionally, Sukhumvit 101 and 101/1 are filled with hidden gems like restaurants, cafes, co-working spaces, and lifestyle shops, reminiscent of Thonglor-Ekkamai or Ari just 3-5 years ago.

3. Sukhumvit 101: The Next Destination for Startups

Sukhumvit 101 is characterized by a high job-housing balance, thanks to the influx of modern job opportunities led by True Digital Park. This establishment plays a crucial role in the revitalization of Sukhumvit 101, positioning itself as a complete Startup Ecosystem, which is essential for driving startup businesses. The presence of a comprehensive Startup Ecosystem in this area attracts young professionals, particularly those involved in startups.

Moreover, Sukhumvit 101, or Punnawithi, is being developed into a 'Bangkok Cyber Tech District', aiming to become the Bangkok Silicon Valley in the future. This initiative will foster a cluster of innovative and modern businesses, enhancing essential infrastructure for businesses and making the area suitable for living, through collaboration between the National Innovation Agency (Public Organization) NIA, True Digital Park, and the Future Tales Lab.

The bright future of Sukhumvit 101 is becoming evident as it transforms into a significant job hub for the new generation. Over the past 5-10 years, numerous new job opportunities have emerged in this area, featuring medium to large office buildings that employ quality personnel, including True Digital Park Phase 1 and Phase 2, M Tower, Bhiraj Tower at BITEC Bangna, DKSH Headquarters, and Ample Tower, with a total area of over 150,000 square meters and approximately 13,500 employees (estimated based on 10 sq.m. per person and a 90% occupancy rate). In the future, more office supplies will be added to this area, such as BHIRAJ Tower Onnut, Nailert Bangchak, 66 Tower, Sukhumbit Hill, and Sukhumvit Digital Park, which will add over 100,000 square meters of space, resulting in over 22,500 young professionals working in this area.

4. Quality Demand Supporting the Rental Market

The continuous emergence of significant job opportunities in this area brings a large workforce, reflecting the rental market's potential. Low Rise condos in Sukhumvit 101 generate an average rental yield of 4.6% - 6.8%. The average rent for studio apartments is between 7,000-12,000 THB per month, for one-bedroom units it ranges from 8,500-14,000 THB, for two-bedroom units it averages 10,000-24,000 THB, and for three-bedroom units, the rent is between 30,000-50,000 THB. For those considering resale investments, condos in Sukhumvit 101 yield an average capital gain of around 4% - 6.3% per year, with average selling prices ranging from 60,000-120,000 THB per square meter.

5. Growth of Land Prices on Sukhumvit Road

According to TerraBKK's survey, the assessed land prices on Sukhumvit have increased by 36 - 38% per assessment cycle. The current assessed price for the 2016-2019 cycle is between 210,000-650,000 THB per square wah, making it one of the fastest-growing locations. In the Sukhumvit Soi 101-103 area, the assessed prices for the same period are between 110,000 - 210,000 THB per square wah, while market prices in the soi are being offered at 150,000-300,000 THB per square wah. It should be noted that the future trend of land prices in this area will make it nearly impossible to develop Low Rise condos priced below 100,000 THB per square meter.

Update on Low Rise Condos in Sukhumvit 101

TerraBKK updates that there are currently 10 Low Rise condo projects for sale in Sukhumvit 101, with most prices ranging from 70,000-100,000 THB per square meter. The room types generally range from studio to two-bedroom units, with sizes from 22-60 square meters. The materials provided in each project are quite similar, and most units are fully furnished. Notably, projects priced between 80,000-100,000 THB per square meter offer a wide range of facilities. One such project is The Matt Sukhumvit 101/1, which provides ample facilities that cater to lifestyle needs at a starting price of 1,690,000 THB, with a price per square meter of 80,500 THB. The project includes promotions such as free complete furniture sets, digital door locks, kitchen partitions, shower partitions, and air conditioning according to room size. When comparing the price with the amenities and promotions offered, it is indeed a valuable and interesting project.

Discover the Perfect Rhythm of Life in the New Generation's Location with The Matt Sukhumvit 101/1

What could be more important for the new generation than managing every rhythm of life perfectly? Whether it's living, working, playing, or staying, The Matt Sukhumvit 101/1 is the answer to the right rhythm at this moment.

The Matt Sukhumvit 101/1 is an 8-story condominium project with 279 units on a 2-0-12 rai plot, designed under the concept of 'Up Your Beat, Exceed Your Passion: Design Your Life in Every Rhythm', allowing residents to choose their lifestyle rhythm as desired, in a location that enables living close to the Punnawithi and Udomsuk BTS stations and future job hubs, promoting a work-life balance.

Empower residents to design their own space with 3 options from The Matt Sukhumvit 101/1

Choose to live according to the right rhythm with 24 hrs. Facilities - The Matt Sukhumvit 101/1 comes with a variety of well-equipped common areas, including a comprehensive fitness center, live streaming pool, serenity garden, skyview bar, greenery rooftop, privy library, and 24 hrs. mix creative space, ready to meet every resident's rhythm perfectly.

Every function meets every living need – the diversity is another highlight of the project, especially the room types available, ranging from studio to 2-bedroom units with sizes from 21-55 square meters, designed to accommodate families of all sizes.

Design your ideal decor – The project allows residents to choose their interior decoration to match their style, with options for light tones like Delight Dolce or dark tones like Deep Forte, equipped with smart tech and 24-hour security.

Choose the opportunity to match your life with the perfect rhythm today at The Matt Sukhumvit 101/1. For more information, contact 066-164-5514 or visit http://www.akralandandhouse.com/thematt101/.