With just over an hour's travel from Bangkok to Ayutthaya, combined with its long-standing reputation as a historic city, Ayutthaya is not only a leading tourist destination in the country but also boasts excellent accessibility compared to other provinces. These factors have made Ayutthaya a central industrial hub in the central region, hosting five large industrial estates.

One of these is the Rojana Ayutthaya Industrial Park, the largest industrial estate in Ayutthaya, attracting both Thai and foreign companies. This has brought in business owners, New S-Curve entrepreneurs, managers, and a large workforce, totaling no less than hundreds of thousands of people to the area. Consequently, real estate developers have recognized the strong demand for residential projects, such as S’myne Condo from Serene Property, which is prominently located near the entrance of Rojana Industrial Park, Gate B.

Rojana Industrial Park: A Major Employment Hub with Real Demand

Before delving into the project details, let’s get acquainted with Rojana Industrial Park, an important industrial estate in Ayutthaya. This large-scale project is a joint venture between Thai and Japanese firms, specifically the Winichbutr Group and Nippon Steel & Sumitomo Metal Corporation, covering an area of over 18,000 rai, making it the largest industrial estate in Ayutthaya.

Not only is it large in size, but it has also experienced continuous growth over the years, hosting many leading companies and well-known brands, particularly from Japan and China. As of 2022, there are no fewer than 240 companies, both Thai and foreign, across various manufacturing sectors including electronics, electrical equipment, logistics, automotive, chemicals, and petroleum. This has created a diverse workforce of at least a hundred thousand people, establishing it as one of the top industrial estates driving Thailand's manufacturing sector.

Moreover, the future looks promising with many companies and factories preparing to invest, as there are numerous ongoing construction projects. Positive factors include being a free trade zone that attracts foreign investment, along with various mega-projects aimed at enhancing economic capabilities, solidifying Ayutthaya's status as a true industrial center in the central region. This includes transportation systems connecting Bangkok to Ayutthaya and routes that easily link to other regions, such as the Bang Pa-In-Korat Motorway, Don Mueang Tollway Rangsit-Bang Pa-In, and high-speed rail projects connecting Bangkok to Korat and Chiang Mai. The growth of private sector mega-projects, such as the ASEAN Trade Center and a comprehensive sports complex and logistics distribution center, further supports this development.

  • Additionally, the area is well-equipped with public utilities for a complete urban lifestyle, including leading shopping malls, convenience stores, markets, banks, hospitals, and government offices.

Overview of the Ayutthaya Condo Market: High Purchasing Power and Good Rental Rates

In the current condo market in Ayutthaya, there has been a noticeable increase in various condo brands entering the area compared to several decades ago, along with apartments sprouting up around major employment centers and industrial estates. This is partly due to the high demand present in Ayutthaya.

According to the National Statistical Office, Ayutthaya has an average monthly household income of 31,416 THB (as of 2022), ranking among the top 10 provinces in the country for household income. Although this data is not the most recent, it shows a continuous growth trend, as Ayutthaya's average household income has steadily increased since 2011. Additionally, the unemployment rate is low (latest update Q3/2023) at just 0.96%, reflecting financial stability and the ability of residents to afford housing in Ayutthaya.

Looking at the demand side, let’s also consider the supply side. Currently, the rental rates for vertical housing in Ayutthaya, particularly for single-room units, are as follows:

Condos of 23.75-24 sq.m. with 1 bedroom average between 6,500-7,500 THB per month

  • Condos of 30-35 sq.m. with 1 bedroom average between 9,500-11,000 THB per month.
  • Apartments of 28 sq.m. with 1 bedroom average between 4,500-5,500 THB per month.

S’myne Condo: A Convenient Living Space Near Work, Ideal for Living or Investment

When discussing interesting condos for both investment and personal use in Ayutthaya, S’myne Condo from Serene Property stands out. Located on Rojana Road, just 200 meters from the entrance of Rojana Industrial Park, Gate B (near Honda Automobile (Thailand) Co., Ltd.), this location is served by regular company shuttles, making it easy to commute to work. Living in this condo saves time and effort, allowing residents to walk out of their building and directly board a shuttle to work, aligning perfectly with the project's concept of "smiling every day with a condo close to work."

Additionally, the location is surrounded by comprehensive amenities for a comfortable lifestyle: 5 minutes from government offices, 6 minutes from shopping centers, 12 minutes from Hi-Tech Industrial Park, 1 kilometer from Makro, 4.3 kilometers from Central Ayutthaya, and 5.5 kilometers from Rajathanee Hospital.

Serene Property, the developer of S’myne Condo, may not be the largest player in the industry, but they are not newcomers either. With 13 years of experience in developing real estate in economic and tourism locations, they have previously launched two high-rise projects in Ayutthaya, Plus Condo Ayutthaya and Plus Condo Ayutthaya Park, both of which have sold out, along with the single-family home project, Serene Mira Ayutthaya, launched in 2023.

Now, they present their latest project under the new brand S’myne Condo, featuring a “Modern Tropical” design that is simple yet contemporary, focusing on a central location with numerous job opportunities, catering to young professionals, families looking to separate, and investors seeking rental properties.

For workers in Rojana Industrial Park, renting an apartment typically costs between 4,500 – 7,500 THB per month. However, at S’myne Condo, you can own a unit for just 4,500 THB per month, making it an asset of your own. With a monthly salary of 20,000 THB or more, you can qualify for a mortgage.

If you're considering buying for investment, the demand is evident, with guaranteed yields of 6% and capital gains of 4.7%, making it comparable to some central Bangkok locations.

Live Happily and Safely in a Spacious Common Area of 1.5 Rai

S’myne Condo is a low-rise building with 8 floors and 2 buildings on over 5 rai of land, comprising 474 units with a project value of 1.05 billion THB. The units come in three sizes: 24 sq.m., 27 sq.m., and 30 sq.m., fully furnished, with parking for over 240 cars.

It features a large common area of 1.5 rai, including a clubhouse of over 700 sq.m., fitness center, swimming pool, co-working space, jogging paths, EV charging stations, laundry facilities, vending machines, delivery stations, parcel rooms, and security systems with face scan and keycard access, dedicated elevators, and 24-hour security with CCTV monitoring at entrances and throughout the project. This makes it a vibrant starting point for independent growth and a joyful life.

All units come fully furnished, allowing residents to move in immediately. The project offers 100% financing starting from 1.15 million THB. For more details, visit sereneproperty.com.