L.P.N. Development Public Company Limited, a developer of quality residential properties that enhance livability in every dimension for over 34 years, has recently launched a new condominium project under the brand “EARN by LPN.” After a long hiatus from developing projects in provincial areas, the company held a VIP Day on August 19, which received an enthusiastic response from potential buyers, whether for personal residence or investment purposes. This interest is attributed to the value in quality and price, along with new room functions that cater to diverse lifestyles. The project incorporates customer insights to develop common areas that address relaxation and privacy needs, providing residents with the most comprehensive amenities in the area. Showrooms are now open for viewing, along with special promotions during the presale on September 29 - 30, 2023.

Mr. Opas Sripakdi, CEO and Managing Director of L.P.N. Development Public Company Limited (LPN), stated, “The EARN by LPN project is our latest condominium brand aimed at the younger generation aged 25 to early 30s seeking quality housing in the Amata Nakorn Industrial Estate. It meets the needs of both work and lifestyle, including new investors starting in real estate. The meaning of 'EARN' is 'to receive,' reflecting our intention to develop a livable and worthwhile investment project. 'People enjoy living, and investors earn returns.' EARN by LPN thus has a unique concept that clearly reflects the lifestyle of residents in this area, emphasizing convenience and comprehensive amenities that reflect the vibrancy of life, the act of receiving, and sharing positive energy with those around them, breaking free from monotony while delivering value and affordability to life. Our brand concept is “Live ‘EARN’ Joyfully Beyond Anyone Else” (Joyful Living at EARN).

“In addition to the investment project EARN by LPN now on sale in Chonburi, we also have the LPN Town Chip Rangsit Klong 1 project currently available for investment. In the future, LPN plans to develop additional condominium projects for investment in Bangkok, scheduled for sale in late Q4 of 2023,” Mr. Opas added.

According to research by Lumpini Wisdom and Solutions Company Limited (LWS), led by Managing Director Mr. Prabhan Sak Raksaiwan, “The real estate market in the Eastern Economic Corridor (EEC) has seen numerous property developers launching projects over the past five years. As of early March, there were 9,495 residential units launched and on sale in the Bang Pakong area of Chachoengsao, Amata City Chonburi, and Sriracha-Laem Chabang, with a total value of approximately 35 billion baht. The survey revealed a buyer demographic with purchasing power in this area, consisting of both investors and employees working in the industrial estate, with an average price range of 20,000 - 50,000 baht per month. The average rental yield for investment properties is between 5% and 6%, with average rental prices ranging from 3,500 to 9,000 baht per unit for 26 - 30 square meter apartments. The demand for rental housing in the EEC area is high, with apartment and serviced apartment rental rates averaging 80% to 90%, indicating a strong demand for housing in this area, presenting an opportunity for investors to purchase for rental purposes.”

Details of the EARN by LPN project include a low-rise condominium that meets the needs of residents seeking ownership of quality projects with versatile room functions, set on a large common area of over 6 rai. It caters to all lifestyles with amenities such as a Half Olympic Swimming Pool, Futsal Field, Outdoor Gym, Jogging Track, Fitness Center, and Co-Living space. The design emphasizes connectivity through gardens between buildings to create the best relaxation atmosphere, along with the selection of salt-tolerant and easy-to-maintain plants that also purify the air and capture dust particles. The building's design in an 'I' shape allows for natural light and airflow throughout the building, reflecting LPN's livability concept from the inside out. The project is located in Soi Ruang Aroam, Don Hua Lo Subdistrict, Mueang District, Chonburi Province, near Amata City Industrial Estate, covering over 20 rai, consisting of six 8-story residential buildings and one 6-story building, totaling 1,810 units, including 1,796 residential units in three formats: studio, 1-bedroom, and 1-bedroom plus, starting from 24.00 - 36.00 square meters, along with 14 retail units. There are 570 car parking spaces and up to 520 motorcycle parking spaces, surrounded by comprehensive amenities, just 3 km from Robinson Lifestyle, with convenient access to multiple main routes, starting at 1.10 - 1.69 million baht, with a project value of 2.124 billion baht, scheduled for completion in November 2024.

On September 29 - 30, we will hold a presale event with special unit prices starting at just 1.05 million baht* (limited quantity), available only for those who book on the event day. Interested individuals can visit the EARN by LPN project from 11:00 AM to 7:00 PM. For more details, call the LPN Call Center at 02-689-6888 or visit online at www.lpn.co.th / Facebook: EARN Condo by LPN / LINE OA: @lpndev.

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