CP Land Public Company Limited or CP LAND, one of Thailand's leading real estate developers, has unveiled its vision for the development of the Kangsadal area in Khon Kaen province, aiming to become the 'New CBD' of the Northeast. This initiative is driven by infrastructure, a large medical center, and service businesses that align with its role as a Medical & Education Hub and an economic gateway in the Greater Mekong Subregion (GMS), connected by regional transportation and trade networks.

Key infrastructure such as the Green Line light rail, the expansion of the KICE conference center, and the development of a Medical Hub around Srinakharin Hospital are crucial factors driving land prices in the Kangsadal area and the New CBD to rise by an average of 8% (for the accounting period 2023–2025), with prices ranging from 110,000–200,000 THB/sq.wa, according to the Treasury Department.

Amidst this growth wave, CP LAND has launched RI-NÉ Khon Kaen, a 31-story luxury high-rise condominium featuring 767 units, under the concept of 'Craft Your Finest Life'. It is the only development in Kangsadal with an Olympic-size swimming pool measuring 51 meters and Double Sky Facilities offering panoramic city views, along with amenities such as a fitness center, wellness room, sunset lounge, and EV charger.

Investment and Living Strengths

  • Located closest to the Faculty of Medicine, Engineering, and Architecture at Khon Kaen University and Srinakharin Hospital, just a 5-minute drive away.
  • Surrounded by a complete range of shopping centers and lifestyle restaurants.
  • The condominium market within a 3 km radius of the university has a high absorption rate of over 70%.
  • Average price increase of 5–7% per year and rental yields of 5–6% per year.
  • Premium after-sales service team, Welcome Home Club.
  • 10-year structural warranty* reflecting CP LAND's commitment to quality and long-term investment value.

Mr. Damrongsak Thungnueng, Senior Director of Residential Business Group at CP LAND, stated that Khon Kaen is transitioning from a major city in the Northeast to a regional economic metropolis connected domestically and within ASEAN. Infrastructure and investments in advanced service sectors like MICE and Medical Hub will drive continuous growth in property values in this area. For investors, the Kangsadal location is a strategic point that combines urban purchasing power, potential from Khon Kaen University, and the housing needs of medical personnel and medical students. In the next five years, we will see significant price increases in this zone, and RI-NÉ Khon Kaen is designed to be both a quality condominium and an asset that can appreciate in value over time, an opportunity that is rare in the Khon Kaen market.

RI-NÉ Khon Kaen is now open for viewing of the show units. Special units start at 2.19 million THB* with free furniture for the entire unit*, limited to just 5 units.

For more information or to schedule a visit to the project, please visit https://www.cplandproperty.com/

or call 02-088-0999

*Terms and conditions apply as specified by the company. The right to change without prior notice is reserved.

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