Taiwanese investment group <\/span><\/strong>‘PTF Realty’ <\/strong>is confident about the future of the real estate market in Bangkok, which remains bright as consumers continue to seek urban condominiums. Recently, they launched a luxury condo project “MAYFAIR PLACE VICTORY MONUMENT” valued at 1.2 billion baht. An OPEN HOUSE event will be held on November 9-10 to showcase sample rooms, starting at 3.9 million baht, with discounts of up to 500,000 baht for bookings made during the event. Prices start at just 129,000 baht per square meter. The project targets both genuine buyers and long-term investors, offering a guaranteed yield of 5% for 2 years.

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           Mr. Tongyui Tony Ying, Executive Director of PTF Realty <\/span><\/strong>(2018) <\/strong>Limited, part of the PTF Realty group, revealed the overall real estate market in Thailand. Despite a slowdown this year due to economic conditions, he believes it will recover significantly in the next 1-2 years. Meanwhile, consumer demand for housing remains strong, and Thailand shows promising investment trends compared to many countries in the ASEAN region.

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           PTF Realty has been continuously investing in the real estate business for over 10 years in Thailand. The company’s approach to property development is gradual and steady. Previously, they developed 4 condominium projects worth over 5.4 billion baht, including The Rajdamri, Mayfair Place Sukhumvit 64, and Mayfair Place Sukhumvit 50, all of which have been sold out. The fourth project, DEFINE by Mayfair Sukhumvit 50, currently has over 60% sales from a project value of 800 million baht, with construction starting in 2019 and expected completion by the end of 2020.

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           Recently, they launched a new project named MAYFAIR PLACE VICTORY MONUMENT, developed under the concept “Exceeding Expectations: Living Beyond Imagination”. The design focuses on the experience of residents, with room layouts that maximize usable space and high-quality materials for long-term use. Each unit features a ceiling height of 3 meters, providing a sense of spaciousness and comfort. The project ensures privacy by limiting the number of units to just 10 per floor.

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           The <\/span>MAYFAIR PLACE VICTORY MONUMENT (Mayfair Place Victory Monument) is situated on a 1-17.7 rai plot at the Din Daeng intersection, adjacent to a major road on Vibhavadi Rangsit Road (outbound). It will be developed as a 28-story high-rise condominium with 194 units, with a total project value of 1.2 billion baht. The Environmental Impact Assessment (EIA) is currently being processed, with construction expected to start in mid-2020 and completion in 2022. Facilities will be located on the 27th and 28th floors, while residential units will be from the 7th to the 26th floors. Parking will be available from the G to 6th floors (approximately 59% parking, excluding stacked parking). Residential units will be fully fitted, with usable areas ranging from 33.40 to 131.50 square meters, with an average selling price of 140,000 baht per square meter, starting at 129,000 baht/square meter. Available unit types include:

  • 1 Bedroom units (33.40 – 34.90 sq.m.)
  • 2 Bedrooms 1 Bathroom units (55.60 – 58.10 sq.m.)
  • 2 Bedrooms 2 Bathrooms units (73.20 sq.m.)
  • Penthouse units (127.90 – 131.50 sq.m.)

           The project will showcase sample rooms and hold an <\/span>OPEN HOUSE event on <\/strong>November 9-10, with a promotional discount of up to <\/strong>500,000 baht and a special price of <\/strong>129,000 baht per square meter for early bookings. The official sales launch is scheduled for early 2020. Interested parties can view sample rooms or inquire about the project at 02-248-4999 or visit https://www.mayfairvictory.com

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           The <\/span>MAYFAIR PLACE VICTORY MONUMENT (Mayfair Place Victory Monument) targets customers looking to buy for residence and long-term rental investment, offering a guaranteed yield of 5% for 2 years. “Thai real estate remains attractive and offers high returns. Based on our management experience, we have successfully rented out over 250 units across all projects, with investor yields around 4-5% per year. Our investor clients are very satisfied with the returns they receive, and approximately 30% of all units sold are for investment purposes. We have a professional team managing rental services for our investors for over 7 years,” said Mr. Tongyui Tony Ying.

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           Mr. Tongyui Tony Ying also stated that the company believes the MAYFAIR PLACE VICTORY MONUMENT project will receive a positive response from target customers due to its strategic pricing and outstanding after-sales management, which sets it apart from other projects in the vicinity. He is confident in the potential of the location, which includes complete amenities such as education zones, medical zones, business zones, and entertainment zones, with nearby landmarks including Central One Shopping Plaza, Fashion Mall Shopping Center, Century The Movie Plaza, King Power Complex, Santipap Park, Pullman King Power Hotel, Rajavithi Hospital, Phramongkutklao Hospital, Ramathibodi Hospital, Mahidol University (some faculties), Phyathai Hospital 1 and 2, Sri Ayutthaya School, Army Nursing College, Phramongkutklao Medical College, Ministry of Science and Technology, Ratchathewi District Office, ThaiBev Light of the Moon Building, Bangkok Airways, Energy Complex, Central Rama 9, Central Ladprao, etc.

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           Additionally, the project is conveniently located just 500 meters from the MRT Din Daeng Station (future Orange Line, Taling Chan-Cultural Center section), close to both BTS Sanam Pao and Ari stations, which are only a 5-minute journey away, and near the Airport Link Ratchaprarop Station, with easy access to two expressways leading to Don Mueang and Suvarnabhumi airports. Furthermore, the MAYFAIR PLACE VICTORY MONUMENT project features highlights such as a rooftop garden and relaxation areas, along with complete facilities including a Grand Lobby, Concierge Service, Reading Room & Co-Working Space, Endless Sky Pool, Relaxing Bubble Bed & Kids Pool, Victory Sky Lounge, On-Cloud Fitness, Spa Room, Exotic Rooftop Garden, Game Room, Recreation Room, Doorman Service, WIFI in Lobby and Facilities Area, Shuttle Service, passenger lifts, service lifts, and 24-hour CCTV & Security systems.

           Mr. Tongyui Tony Ying concluded by stating that the company has plans to expand its investment and launch new projects in 2020 in locations such as Ladprao, On Nut, and Bang Na, with plans to invest in both condominiums and townhome residential projects as well. Note: PTF Realty (2018) Limited has been developing real estate projects in Thailand for over 10 years, established with a registered capital of 150 million baht. The Taiwanese investment group has over 30 years of experience in developing real estate, including condominiums, townhomes, commercial buildings, office buildings, and shopping centers in Taiwan, China, the United States, and Thailand.

Thank you for the information from www.mayfairvictory.com<\/p>