Asset Five Group is set to hold the Grand Opening of the luxurious super-luxury single-detached house project Cinq Royal Krungthep Kreetha, along with the official first viewing of the show house for customers on March 25! This event underscores the success of growth through the concept of residential project development under the 5 Values of Life concept, following a booking rate of over 90%. The company is also preparing to launch 4 new projects in Bangkok and other provinces within 2023-2024, with a total value exceeding 8.4 billion baht*

Mr. Supachok Panjathrasap, Chief Executive Officer of Asset Five Group Public Company Limited (A5), a real estate developer targeting a specific market, revealed that on March 25, 2023, the company will host the Grand Opening and officially showcase the two types of show houses for the CINQ ROYAL Krungthep Kreetha project, along with the CINQ Club, a magnificent clubhouse located behind a beautiful entrance. After opening for VVIP bookings in September 2022 until the end of the year, 90% of the total 46 units have already been reserved, with over 20% of bookings coming from existing customers who purchased homes in the Vana Residence Rama 9-Srinakarin project, the first development in the Krungthep Kreetha area.

A booking rate of over 90% is far beyond expectations for A5, and we are grateful to all customers for their positive response to the CINQ ROYAL Krungthep Kreetha project. However, more important than sales figures is customer satisfaction with A5, which focuses on meticulous design and aims to deliver meaningful value to life that goes beyond the term "home". We are committed to continuously improving our projects to better meet customer needs and hope to receive similar responses every time we launch a project under A5, especially the CINQ ROYAL brand, which is considered A5's top brand and will be used for developing other residential projects in prime locations.

The CINQ ROYAL Krungthep Kreetha project is a super-luxury single-detached house with high privacy.

  • Total project value: 3.5 billion baht
  • Land area: nearly 29 rai
  • Only 46 units available
  • Two house designs to choose from
  • Land sizes: 117.5 - 222.3 square wah
  • Usable area: 705 - 1,015 square meters
  • Current selling prices start at 60 million baht, up to 150 million baht

For those interested, more details can be found at: https://cinq-royal.com or by calling 098-528-8555.

The booking rate of 90% for the CINQ ROYAL Krungthep Kreetha project is a measurable success that not only reflects the ongoing demand from the upper consumer segment but also reinforces the growth created through the concept of residential project development under the Concept: 5 Values of Life. This concept believes that the true Asset of life that everyone seeks is not just a "home", but rather five values, which include:


1. ASSET: True assets must be Good Assets that can appreciate in value in the future, reflecting the choice of a "location" with potential for development and future value growth, making it a worthy investment for continuous stability.
2. LEGACY: Develop projects that combine timeless beautiful design like collectibles that can last long enough to be passed down as a legacy of pride from generation to generation.
3. FREEDOM: Develop residences that cater to the freedom of living and open up possibilities for imaginative living by focusing on spacious living areas that can be adjusted to meet the homeowners' needs.
4. FAMILY: Because a good society starts at home, project development emphasizes safety and includes designs that provide space for shared activities to strengthen the bonds of love and create meaningful memories, which are the most valuable assets of a family.
5. ASPIRATION: Homes that inspire everyone in the family to live life creatively or to work without limits.

For the operational plan in 2023-2024, the company remains committed to developing new forms of real estate to meet diverse lifestyles, believing there is still room to create additional value in the real estate business, and that truly understanding customers is the greatest value to offer them.

The company has land ready to launch at least 4 new projects, including 3 in Bangkok and 1 in other provinces, with a total project value of 8.4 billion baht.

  • New project Vana II or Vana West Ville behind Central West Ville, 25-50 million baht, 44 units, H2 2023, project value 1.7 billion baht.
  • Rachaya Ban Chang project, Udon Thani province, 100 rai, H1 2024, project value 1.7 billion baht.
  • CINQ Royal II project, Bangna location, H2 2024, project value 1.6 billion baht.
  • Vana III project, western side, H2 2024, project value 3.4 billion baht.

This year, the company has set a total sales target of 2.4 billion baht and a revenue recognition target of 1.5 billion baht, an increase from 664 million baht in 2022, more than 100%. The main revenue comes from the backlog of the CINQ ROYAL Krungthep Kreetha project. Additionally, the company will also receive profit shares from the Tonson One Residence project, which will be completed and transferred within this year.

The new projects planned for launch in 2023-2024 are a continuation of the success from the existing brands VANA and CINQ ROYAL, focusing on residential projects in high-potential locations and markets. The overall real estate market in 2023 is expected to grow gradually, supported by various positive factors and the overall economic situation, including the reopening of China and the influx of tourists from other countries visiting Thailand, which will positively impact the tourism business, returning to vibrancy similar to the pre-COVID-19 period, and also positively affect the housing business.