Creators HQ has invested 1.5 billion baht to establish a premium brand called 'COMMON TU', the first luxury high-rise condominium in the Rangsit area. The project emphasizes the concept of 'Live Everyday On The Top', creating a Casual Luxury Ecosystem that aims to provide a new living experience for students and residents in Rangsit, combining luxury with comprehensive functionality and services. The usable area ranges from 26-51 square meters per unit, with prices starting at just 2.2 million baht, targeting students in the Rangsit area and real estate investors, with expected returns from capital gains of up to 6-10% and stable rental yields of 4-6%. The goal is to achieve 100% sales within 3 months.

(Bangkok, June 13, 2019) Mr. Chaiwat Jakkraita, Managing Director of The Creators HQ Co., Ltd., one of the developers of luxury residential and investment projects, revealed that 'COMMON TU' is the first project of Creators HQ to enter the high-rise condominium market, marking a new premium segment in the Rangsit area. Following the success of the Corner Ratchathewi project, which achieved 75% sales within 3 months, we have pinpointed the prime location of Rangsit, which is an attractive area for investors due to its high and stable returns in the long term. It serves as a gateway to the northern, northeastern, and eastern regions of Thailand and is home to leading universities such as Thammasat University, Bangkok University, and Rangsit University, as well as being close to several major shopping malls and industrial estates.

Moreover, the current city plan is designed for urban expansion, and there will be continuous growth in the Rangsit area in the near future, including the expansion of Future Park Rangsit and the development of Central M (CPN) over 600 rai, along with the MEGA Rangsit project, which will develop over 1,000 rai into a new city. Additionally, improved transportation connections between the inner and outer areas will facilitate access to the CBD, including the dark red line electric train from downtown Bangkok to Rangsit, with extensions to Thammasat University and Chiang Rak stations expected to be completed by 2025, along with high-speed rail projects and new motorways passing through Rangsit and Don Mueang Airport Phase 3. These factors will support the Rangsit area as an attractive location and significantly increase its future value, making it a popular area for students, faculty, employees, and a large population. We believe there is a group of real estate investors looking for opportunities to diversify their investment portfolios to create stable returns with low risk, which is our niche market this time. The 'COMMON TU' project certainly meets these needs.

Therefore, the company is investing over 1.5 billion baht in the development of 'COMMON TU', a 31-story condominium that has received EIA approval, consisting of 510 units, including 506 residential units and 4 retail spaces, situated on over 2-1-82 rai of land with a total usable area of 34,500 square meters. There are three room types available: studio, one-bedroom, and two-bedroom, with usable areas ranging from 26-51 square meters and 213 parking spaces. The company plans to start construction in the fourth quarter of 2019 and expects completion in 2021, with prices starting from 2.2 million baht and aims to achieve 100% sales within 3 months.

The project's highlights include its location on a major road and just 450 meters from Thammasat University Rangsit Campus, with safe and convenient access. The design concept is based on 'ILLUMINATION & LIFE BATTERY', igniting ideas that reflect individuality and energize residents in a modern lifestyle with a Minimal Fashion style. The project features extensive common area facilities of 5,300 square meters, offering services akin to a condominium for long-term residents, such as 24-hour reception, a two-story fitness center with trainers, meeting rooms, a library with 100 seats, comprehensive Wi-Fi internet, a rooftop swimming pool—the first in Rangsit—along with a Glass House for parties, shuttle services to the university and downtown, security systems, CCTV, cleaning, and laundry services, all reinforcing the concept of 'Live Every Day On The Top'.

Ms. Aliwasa Patthanathabut, Managing Director of CBRE (Thailand) Co., Ltd., a real estate consulting firm and marketing and sales management partner, added that 'COMMON TU' represents a new phenomenon in the condominium market, opening a premium segment in the Thammasat University Rangsit area. When considering popular investment locations, besides those near electric trains or in the city center, there is another location surrounded by educational institutions that has received positive feedback from investors. This area not only provides rental yield but also continuous price appreciation. Surveys show that the rental yield for condominiums in the Rangsit area is around 4-6%, with an occupancy rate of 95% throughout the year, considering the influx of over 8,000 new students annually.

The company is confident that the potential of this prime location and the creation of a unique and beneficial space through understanding customers in all dimensions will drive 'COMMON TU' to receive positive responses, as it meets the needs of all customer groups, including students looking for accommodation that enhances their lifestyle and is surrounded by a quality community, and investors seeking long-term real estate investments with low investment amounts but stable rental returns, making every investment worthwhile and enjoyable, in line with the philosophy of Creators HQ,' Mr. Chaiwat concluded.

Additionally, Creators HQ will hold a pre-sale event for the 'COMMON TU' project for interested parties to visit and learn more about the project on Sunday, June 30, from 9:00 AM to 6:00 PM at Centara Grand Central Plaza Ladprao. More details can be found at www.thecreatorshq.com or call 095-993-9992.

Thank you for the information from www.thecreatorshq.com