“Narai Property” has unveiled a major project for the second half of the year, “The Parkland Phetkasem 56”, strategically located near the blue line subway. The project is based on the concept "Never Before No More Again" and is packed with over 30 comprehensive amenities, including a large Mega Park, situated in front of a shopping mall and the subway station, catering to the new generation who values convenience. Prices start at 1.79 million baht, with special offers available at the Exclusive Sales event on August 26.

          Mr. Jentchai Limwatanakoon, Managing Director of Narai Property Co., Ltd., revealed the company's plans for the second half of 2017, stating that they intend to launch another large condominium project, The Parkland Phetkasem 56, marking the second major residential project of the year, following The Parkland Charan-Pinklao, which has already sold over 60% of its units, with a combined project value exceeding 12 billion baht.

          “The real estate market this year is unlikely to grow as much as in previous years. Competition will be high in every segment. Real estate development should not be compared year-on-year; it requires a forward-looking market analysis of at least two years. In this market condition, one must read the market carefully. The product must be genuinely good, located in areas with high growth rates, and offer a quality of life that truly benefits buyers to survive,” Mr. Jentchai stated.

            The Parkland Phetkasem 56  is a residential condominium project developed in one of the best locations, covering an area of 13-3-12.3 rai with a total of 2,047 units and a project value of approximately 6 billion baht. Developed under the concept "Never Before No More Again," the project features a large Mega Park of no less than 3 rai and numerous amenities that have never been seen before. It is located on Phetkasem Road, a high-potential area adjacent to the blue line subway extension from Hua Lamphong to Bangkae, expected to open in 2019. The project is only 40 meters from the Phasi Charoen MRT station, providing easy access to the city center. Traveling by car is also convenient as it is located right on Phetkasem Road, allowing easy access to the north via Ratchaphruek Road or into the Sathorn area via the Taksin Bridge.

          The project is designed to meet the needs of the new generation looking for residences surrounded by comprehensive amenities. It is located directly across from Seacon Bangkae and just 40 meters from the subway station, catering to a lifestyle that enjoys various activities within the project, emphasizing a large central garden area and fully equipped facilities divided into one building with three towers.

          Tower A has 32 floors, Tower B has 31 floors, and Tower C has 29 floors, with prices starting at 1.79 million baht. The units include Studio apartments sized 25-25.5 square meters, 1-bedroom units sized 26.5-37.5 square meters, and 2-bedroom units sized 48.5-62 square meters, with a parking ratio of up to 50% (excluding stacked parking).

          The project highlights four main zones: Zone 1, Star Pavilion, located on the 32nd floor of Tower A, offers a chill-out area with panoramic views of Bangkok, including a Mini Theatre & Karaoke Room, and a SKY Private Party Room. Zone 2, Double Volume Co-Working Space features a modern loft design with a co-working space tailored to the lifestyle of the new generation, using a combination of wood and steel materials to create a natural feel. Zone 3, Double Volume Fitness includes a fully equipped gym, sauna, yoga room, and an interesting feature: a Boxing Stage on the 5th floor for those looking to unleash their energy. Finally, Zone 4, Pools & Garden is inspired by the charm of the agricultural area in Bangkae, filled with trees and orchids, canals, and lush nature, designed to bring residents closer to nature. The two saltwater swimming pools measure 6x25 and 7x24 meters, complemented by a large central garden connecting the three buildings. The project is currently undergoing EIA approval, expected to be granted by the end of this year, with completion anticipated in 2020. The company plans to officially launch sales at the Exclusive Sales event on August 26 at the sales office, where interested parties can register on the website: naraiproperty.com to receive a 10,000 baht gift voucher upon booking and signing a contract.

 

               “Given the current stability in the real estate market, especially in the condominium sector, selecting the right location for project development and creating unique selling points that emphasize a good quality of life for residents at a reasonable price is essential. This is particularly true in areas with high growth potential, which continuously drives land prices up. Therefore, developers must ensure that their investments are worthwhile,” Mr. Jentchai concluded.

Link to the advertisement video for The Parkland Phetkasem project  

 

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