Mr. Supachok Panjathrasap, CEO of Asset Five Group Public Company Limited, believes that the overall real estate market this year is likely to stabilize due to a slowdown in confidence, reduced purchasing power, and household debt. However, the luxury segment can still grow as it caters to customers with high purchasing power and a lower loan application rate compared to other segments. Currently, condos in the Chidlom area continue to see price adjustments, with new projects averaging 500,000 baht per square meter.

For the Tonson One Residence project, it is a super luxury condominium project with freehold ownership located in a prime Chidlom area, with a total project value of 3 billion baht. Currently, over 90% of the units, approximately 70 units, have been sold, and 40% of the total sales have been transferred, amounting to 900 million baht. The buyers consist of 70% Thai customers focused on actual residence, while 30% are foreign clients from places like Hong Kong, Singapore, Malaysia, and Europe. The penthouse, priced at 190 million baht, has already been sold, and the remaining units are priced between 23 million and 190 million baht, with some still available for foreign quota sales. It is expected that all sales will be completed by the end of this year.

The Tonson One Residence project is a collaboration between Asset Five Group Public Company Limited and Capstone Asset Company Limited, developing a 29-story condominium with 80 residential units, ranging from 1 to 3 bedrooms, and sizes from 57 square meters to 387.5 square meters.

Each unit features a private elevator lobby and offers expansive views on both sides. The project comes equipped with modern amenities, including a reception area with personal assistant services, meeting rooms, a banquet hall with a fully equipped kitchen, a 25-meter swimming pool and jacuzzi, a gym, and a private yoga and pilates studio. The project also features an automated parking system that can accommodate up to 117 vehicles, designed to support supercars and family vans.

Mr. Thitiwat Kuwijitsuwan, Executive Director of Capstone Asset Company Limited, stated that the success of the Tonson One Residence project is a result of the collaboration between both companies and the strength of the super luxury residential market in Bangkok, where customers have high potential and continuous demand. In the future, the company is ready to seek new land parcels for further project development, focusing on creating the highest quality projects.