All Inspire Development Public Company Limited is a real estate developer specializing in condominiums under the brand The Excel Rise and Impression. They have announced their dominance in the Lasalle condo market by launching their latest project, The Excel Lasalle 17, a low-rise condominium located in a prime area of Lasalle, close to Bearing BTS station, with prices starting at just 1.39 million Baht. The project is valued at over 1.335 billion Baht and is positioned as a golden opportunity for the new generation of workers, perfectly catering to urban living needs at an affordable price.

         Mr. Thanakorn Thanawirith, Chief Executive Officer of All Inspire Development Public Company Limited stated that the housing market in the second half of this year will become more vibrant, with more new projects being launched, creating excitement in the overall real estate market. Notable locations include both inner and outer city areas, as well as along the Sukhumvit BTS line, particularly in Lasalle, where there is high demand for condominiums due to the increasing population each year and relatively affordable prices compared to other areas. All Inspire is thus preparing to launch The Excel Lasalle 17, starting at 1.39 million Baht, valued at 1.335 billion Baht, located near Bearing BTS station, targeting new workers looking for affordable housing that conveniently connects to the central and eastern Sukhumvit areas via BTS in just a few minutes.

          Currently, Lasalle Soi or Sukhumvit 105 has seen significant development and a lively atmosphere, partly due to the Green Line BTS project from Mo Chit to Samrong, which facilitates easy travel in and out of the city, catering to both car owners and non-car owners. Furthermore, the emergence of large retail projects, including home decor centers, department stores, and community malls in this area, will enhance the living experience in Lasalle without the need to travel into central Bangkok.

          Additionally, on the other side of the Lasalle area along Srinakarin Road, the Yellow Line BTS project from Lat Phrao to Samrong has already begun construction this year. This line will connect the upper part of Bangkok from Lat Phrao to the east at Samrong station, with a total of 23 stations expected to be operational around 2020. This will greatly benefit the Lasalle area, as Sukhumvit 105 is adjacent to Srinakarin Road, where the Sri Lasalle station (Yellow Line) will be located, also connecting to the Green Line at Samrong station, significantly enhancing the potential of the Lasalle area with BTS access on both sides and proximity to interchange points for both lines.

          The condominium market in the Lasalle area has ongoing projects with prices ranging from 80,000 to 135,000 Baht per square meter, depending on the distance from the BTS station. Currently, there are less than 1,000 units remaining in this area, with the least available segment being condos priced below 80,000 Baht per square meter, as developers continue to launch projects at increasingly higher prices, averaging a 6% increase each year.

          Investing in condos in the Lasalle area for rental purposes yields a rental return of 5-6% per year, with popular rental units being one-bedroom apartments priced around 10,000 to 14,000 Baht per month, or 350 to 450 Baht per square meter per month (depending on the project).

          The Excel Lasalle 17 project is a low-rise condominium consisting of 8 floors and 4 buildings with a total of 581 units, located in Soi Lasalle 17, just 1.2 kilometers from Bearing BTS station, connecting all travel routes to the city center. It offers three types of units: 1 Bedroom (25-30 sq.m.), 1 Bedroom Plus (34.5 sq.m.), and 2 Bedroom (44 sq.m.), all fully furnished (SB Furniture). The project is equipped with complete amenities such as a swimming pool, co-working space, fitness center, relaxing area, reading garden, rooftop pavilion, shuttle service to BTS, and 24-hour security. Prices start at just 1.39 million Baht*, with construction expected to begin in March 2019 and completion anticipated by June 2020.

Discover The Excel Lasalle 17, perfectly blending urban living. For more information, please contact the Call Center at 02 029 9999.

Thank you for the information from www.allinspire.co.th