"KPN Residence" the major landowner in Khao Yai, is making a significant move by transforming the family-owned land bank into a luxury vacation home model, entering the Pak Chong market for the first time. They are unveiling the luxurious mansion project "Casa Vacanza Khao Yai" targeting high purchasing power real demand looking for a second home as a reward for life. The project boasts high privacy with only 47 units, fully furnished with luxurious decor, located on a hillside with 360° panoramic views. The project is valued at 900 million baht, with presales starting at a special price of 12.9 million baht on November 25.

Mr. Nattdanai Jungwattanawong, Managing Director of KPN Residence Co., Ltd. a real estate developer in Pak Chong District, Nakhon Ratchasima, revealed the overall real estate business landscape in Khao Yai post-COVID-19 pandemic. Currently, high-rise projects or condominiums are relatively stable due to an accumulated supply of over 5,000 units from before the pandemic, while demand remains unchanged, leading to a slowdown in absorption. In contrast, low-rise projects are experiencing growth, as evidenced by the increasing interest in purchasing land for second homes in Pak Chong. This area is not far from Bangkok, surrounded by nature, and enjoys cool weather year-round. Additionally, consumer perspectives on housing have shifted towards wanting larger living spaces that can accommodate family and friends, aligning with the modern trend of "work from anywhere," making Khao Yai a desirable destination for long-term residence to escape urban congestion and the spread of diseases.

These factors have led to a significant business plan adjustment for the company, aiming to expand its operations further. They recognize the potential of the low-rise real estate market, especially luxury vacation homes, which continue to see rising demand. Thus, they are developing land accumulated over 40 years into a luxury vacation home project named "Casa Vacanza Khao Yai" on over 38 rai of prime land in Khao Yai, with a total project value exceeding 900 million baht.

The company plans to develop the project as single-story mansions in Mediterranean architectural style, fully furnished with premium materials and features comparable to ultimate luxury homes. Each unit will have a private pool, with only 47 units available to ensure maximum privacy and tranquility, providing a true quality living environment for customers. There are three house models to choose from:

Model Gladiolo (Gladiolus), named after the flower of August, has a usable area of 575 sq.m., on a plot size of 350-474 sq.w., featuring 4 bedrooms, 4 bathrooms, 1 multipurpose room, 1 maid's room, and 3 parking spaces, designed with a large Grand Terrace and Private Pool.

 

Model Mughetto (Mughetto), named after the flower of May, has a usable area of 313 sq.m., on a plot size of 157-166 sq.w., featuring 2 bedrooms, 3 bathrooms, 1 multipurpose room, 1 maid's room, and 2 parking spaces, designed with a large Grand Terrace and Private Pool.

Model Delfinio (Delfinio), named after the flower of July, has a usable area of 201 sq.m., on a plot size of 115-124 sq.w., featuring 2 bedrooms, 3 bathrooms, 1 multipurpose room, 1 maid's room, and 2 parking spaces, enhanced with a Grand Terrace and Outdoor Jacuzzi.

Moreover, the "Casa Vacanza Khao Yai" project stands out for its prime location on a hillside, allowing for 360° panoramic views and surrounded by lush nature near the Khao Yai National Park, a source of fresh air. The design includes tiered landscaping, a large beautiful garden, a walking path for exercise, and an impressive clubhouse with complete amenities on over 8 rai of land, creating a spacious and airy atmosphere with cool weather year-round.

"The investment in this project stems from a passion to enhance personal happiness and to be part of providing a joyful living experience for customers purchasing homes. We also see the opportunity for growth in the luxury segment in Khao Yai, as the purchasing power of this customer base has not been affected by the COVID-19 situation and is expected to grow further next year, especially in the price range of 15-20 million baht.

The company plans to open presales for the "Casa Vacanza Khao Yai" project at the Sales Gallery on Friday, November 25, 2022, allowing everyone to experience the project on actual land and directly reach the target audience, with special booking prices of 12.9 million baht available until December 31, 2022.

"Casa Vacanza Khao Yai" is another project that KPN Residence is very proud of, and we expect to receive a positive response and close sales soon," the Managing Director concluded.