ASW Sets Its Sights on EEC Area to Meet Rising Demand, Launches New Project Kave Uni.verse Amid Campus Condo Boom Near Burapha University
Asset Wise Public Company Limited (ASW) is making its mark in the real estate sector within the Eastern Economic Corridor (EEC), highlighting the success of its project 'ATMOZ Sriracha' with strong demand for residential properties recovering. The company is launching a new project, Kave Uni.verse, a condominium in Bangsaen near Burapha University, valued at 520 million baht, catering to the housing needs of Gen Z. The project will feature over 26 comprehensive facilities, with prices starting at 1.59 million baht, and is expected to boost annual sales to record levels.
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Mr. Krungchet Wiphanpong, CEO of Asset Wise Public Company Limited (ASW), a leading real estate developer focused on lifestyle under the concept of "Happiness Designed for You" or "We Build Happiness," stated that the company's strategy is committed to developing residential projects in the EEC area, which includes Chonburi, Rayong, and Chachoengsao provinces. This area is a potential growth hub for the future, being the industrial center of Thailand with continuous business expansion. The company has already launched its first condominium project, ATMOZ Sriracha, valued at over 1.165 billion baht with 539 units last year, achieving over 70% presale success and set to transfer ownership in the second quarter of 2023.
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The company plans to expand its residential projects in the EEC area to build on its success. This year, it aims to launch one more project in the area to meet the recovering demand for housing as the situation normalizes post-COVID-19, leading to a resurgence in tourism and economic recovery. Campus condos near educational institutions are also experiencing significant growth as students return to regular classes, particularly at Burapha University, which has over 25,000 students. This aligns with the strategy to expand the Kave brand, which focuses on condominiums near educational institutions.
In the final stretch, the company is launching the KAVE Uni.verse Bangsaen condominium, an 8-story building with 245 units on a 13-rai project site, with living spaces starting from 23-35 square meters. This new condominium is the only one in the Bangsaen area, just 200 meters from Burapha University, featuring over 1,300 square meters of common area and a large clubhouse, along with 26 facilities, including electric vehicle charging stations, supporting the quality of life for Gen Z, with creative activity spaces in the outdoor zone, a music room, and a racing room.
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Additionally, the project is located in a prime area close to various amenities such as supermarkets, fresh markets, healthcare facilities, and shopping malls, catering to the lifestyle of the new generation with prices starting at 1.59 million baht. Recently, during a special round of online bookings, the KAVE Uni.verse Bangsaen condominium sold out 2 floors within half an hour, receiving positive feedback from Gen Z and real estate investors due to the Kave brand's ability to provide good and valuable returns on investment.
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The KAVE Uni.verse Bangsaen project is now open for viewing of the sample room at the sales office, and interested parties can register for discounts at: https://bit.ly/3TDj6M5 or call 02-168-0000. The company is confident that the KAVE Uni.verse Bangsaen condominium, located in a potential area and aligned with the demand from Gen Z and real estate investors, will receive a positive response and drive the company's sales to record highs this year, having already surpassed the sales target of 10 billion baht.
ASW is engaged in real estate development, focusing on high-rise and low-rise residential projects in prime locations under the concept of "Happiness Designed for You" or "We Build Happiness." The company has developed over 45 projects under various brands designed to create happiness suitable for every lifestyle, including KAVE, ATMOZ, MODIZ, ESTA, and THE HONOR, with a total project value of over 48.05 billion baht, comprising 33 completed and ready-to-move-in projects and 12 projects currently under development. The company currently has a backlog valued at over 12.935 billion baht.