'Rama 9 – Ramkhamhaeng' is a booming area with land prices skyrocketing by 50% over the past 5 years, currently reaching 1,000,000 Baht per square wah. Major Development seizes the opportunity in this growing location by launching a new mixed-use project comprising condominiums and office spaces along the main road on Rama 9-Ramkhamhaeng, just 300 meters from MRT Ramkhamhaeng 12 and near the Airport Rail Link. The total project value exceeds 5 billion Baht, featuring the condominium developed under the 'Metris' brand named 'Metris Rama 9 – Ramkhamhaeng', a 33-story building with 570 units starting at just 2.9 million Baht, now available for viewing. Special offer! Book today with 0% installment until September 30. Meanwhile, the office building is developed under the 'Major Tower' brand named 'Major Tower Rama 9-Ramkhamhaeng', set to launch in Q4 of this year to meet demand.

          Ms. Phetlada Poovoralak, Executive Director of Major Development Public Company Limited revealed that the Rama 9-Ramkhamhaeng area is a new business district (New CBD) close to the city center and adjacent to business areas such as Ratchada, Thonglor, and Sukhumvit, making it highly popular. Over the past 5 years, from 2014 to 2018, land prices have increased by 50%, currently peaking at 1,000,000 Baht per square wah. The selling prices of newly launched condominiums in this area have also been continuously rising, with an annual increase rate of about 10%. The average selling price of condominiums in the area is currently around 100,000 – 110,000 Baht per square meter, significantly higher than previous launches, attributed to the benefits of the Orange Line MRT from Cultural Center to Minburi, which is set to open in 2023.

          “Major Development recognizes the potential of the Rama 9-Ramkhamhaeng area, thus launching a new mixed-use project comprising condominiums and rental office buildings along the main road on Rama 9-Ramkhamhaeng, with a total project value exceeding 5 billion Baht. This project stands out due to its strategic location with access from both Rama 9 and Ramkhamhaeng, just 300 meters from MRT Ramkhamhaeng 12 and near the Airport Rail Link station, as well as close to the Si Rat Expressway and Ram Inthra-At Narong, making it easy to reach the city center in just 10 minutes to Thonglor and 20 minutes to Suvarnabhumi Airport. Additionally, it is surrounded by many important places such as Rajamangala National Stadium, Ramkhamhaeng University, Assumption University, Stamford International University, The Nine Center Rama 9, The Mall Bangkapi, Ramkhamhaeng Hospital, and Samitivej Srinakarin Hospital.

          The condominiums in this mixed-use project are developed under the brand “Metris” (Metris) targeting primarily millennials aged 25-35, who have high purchasing power and are a new generation working in stable jobs and running diverse businesses. The project, named “Metris Rama 9 – Ramkhamhaeng” (Metris Rama 9 – Ramkhamhaeng), is a high-rise condominium with 33 stories and 570 units designed under the concept “Remaster the Modern DNA”, blending classic retro style with modernism perfectly. The project features a limited number of units for privacy, with only 19 units per floor, complemented by extensive common areas across 3 floors, including a swimming pool, co-working space, social lounge for gatherings with friends, multipurpose rooms, and a gym with standard equipment. It is also a pet-friendly residence. There are three types of units available: 1-bedroom, 1-bathroom units sized 30.00 – 30.50 sq.m., 2-bedroom, 1-bathroom units sized 48.00 – 50.50 sq.m., and 2-bedroom, 2-bathroom units sized 59.00 sq.m. Special offer! During the sales period from today until September 30, 2019, enjoy 0% installment plans with booking and contract signing, with prices starting at just 2.9 million Baht. The project is expected to receive a positive response, catering to real demand customers and investors alike, due to its attractive rental yield averaging 4-5%,” said Ms. Phetlada.

          Meanwhile, the rental office building is developed under the brand “Major Tower” named “Major Tower Rama 9-Ramkhamhaeng” with an area of over 25,000 sq.m., set to fully launch in Q4 of this year to meet demand. It is anticipated that once the mixed-use project in the Rama 9 – Ramkhamhaeng area is fully operational, both the condominium and office building will invigorate the area and significantly enhance its completeness.

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