Kanda Property is set to launch a new project, iLeaf Prime Setthakij-Bangpla, as the final offering of 2023 to meet real demand for single-story homes in the Samut Sakhon area. The project emphasizes the concept of Nature is all around, allowing residents to live close to nature in spacious homes designed in the English Garden style, with prices starting at 2.19 million baht and a promotion offering assistance with payments for up to 3 years.

Mr. Haskorn Boonyang, Managing Director of Kanda Property Co., Ltd., revealed that in the fourth quarter, the company is preparing to launch a new project, which will be the last of 2023, namely the iLeaf Prime Setthakij-Bangpla project. This project features premium single-story residences, including single houses, twin houses, and townhomes, with a total value exceeding 1.3 billion baht, covering an area of over 56 rai, located on Bangpla Road in Mueang District, Samut Sakhon Province. It is developed under the concept of Nature is all around, surrounded by nature with a large central garden and newly designed homes in the English Garden style.

The iLeaf Prime Setthakij-Bangpla project includes three types of single houses: Aster, Ivy, and Daisy, with usable areas ranging from 158 to 254 square meters, featuring 4 bedrooms, 3-4 bathrooms, 2 kitchens, and parking for 2-3 cars, starting at 4.29 million baht. The twin house Lilly has a usable area of 129 square meters, with 4 bedrooms, 3 bathrooms, 2 kitchens, and parking for 2 cars, starting at 3.49 million baht. The townhome Cattleya has a usable area of 125 square meters, with 4 bedrooms, 3 bathrooms, 2 kitchens, and parking for 2 cars, starting at 2.19 million baht.

“The Setthakij-Bangpla area is one of the company's best-selling locations. After launching the iLeaf Prima project, which includes iLeaf Park and iLeaf Town, we received positive feedback due to the presence of numerous seafood processing factories, which provide a large source of employment. Additionally, land prices remain affordable for project development. Our target groups include employees, executives, and factory owners, particularly those seeking larger homes. Therefore, we have included the premium single house Aster in the iLeaf Prime Setthakij-Bangpla project,” Mr. Haskorn stated.

In addition to the convenient location for commuting to and from the city, the iLeaf Prime Setthakij-Bangpla project also offers amenities that support a lifestyle close to nature, including a large central garden with a playground for children to enjoy activities that inspire and promote development, along with a clubhouse, swimming pool, fitness center, sports field, and 24-hour security. Importantly, all of the company's projects are developed under the 5 Kanda Concept, ensuring a happy and sustainable living environment for all ages, which includes:

Eco Smart - Design and material selection to reduce energy consumption.

Easy Maintenance - Designing homes for easy future maintenance.

Multi Generation - Designs that accommodate all ages and lifestyles.

Space Matter - Emphasizing the design of every usable space.

Flood Protection - Implementing flood protection systems in every project.

Mr. Haskorn further noted that the overall housing market has slowed down, particularly in the second and third quarters, due to the economy recovering slower than expected, coupled with unclear political situations before and during the formation of the new government. Additionally, continuously rising interest rates and high household debt levels have reduced purchasing power, leading to an increase in loan rejections. These factors have contributed to a slowdown in sales and transfers of residences over the past two quarters.

However, in the fourth quarter, it is believed that the situation will improve with the new government in place, which will accelerate economic stimulus measures, positively impacting consumer confidence. Meanwhile, purchasing power that has delayed decisions in the second and third quarters is expected to reconsider home purchases in the last quarter of the year. This year, competition among operators for promotions will be intense as they aim to boost sales that have slowed down to meet targets, providing consumers with the best offers in terms of price and other promotions.

“To stimulate sales in the final quarter of the year, the company is offering a promotion to assist with payments for up to 3 years for the iLeaf Prime Setthakij-Bangpla project to help reduce the payment burden for customers. Additionally, there are project launch discounts of up to 500,000 baht, free furniture for the entire house, free all transfer fees, free air conditioning, and free curtains, allowing customers to move in with just their bags. The company will also participate in the 44th Home and Condo Fair, which will be held from November 2-5, 2023, at the Queen Sirikit National Convention Center, offering special promotions for all projects at this event. It is expected that in the fourth quarter, the company will generate approximately 800 million baht in revenue, with total annual revenue at 2.1 billion baht and sales at 2.8 billion baht,” Mr. Haskorn concluded.

For more information, please contact Khun Sasithorn Pichai Patthaya (Pui) at 094-249-3985 or email: [email protected]