Although ‘Bangsaen’ is just one district of Chonburi city, under the administration of Saen Suk municipality, with a population of only 21,629 people, it attracted 1.2 million tourists in 2018, generating over 10.23 billion baht in tourism revenue. Moreover, Bangsaen has many interesting aspects in terms of location potential, as it has various types of demand, including long-term demand that circulates continuously, and is filled with lifestyle amenities that support these demands.

Origin Place Bangsaen is another interesting project from Origin, as it is located in the heart of Bangsaen's demand area and is surrounded by many important lifestyle sources.

Bangsaen Demand Exceeds 100,000 Annually

Chonburi province is one of the leaders in the country's industry, and Bangsaen benefits from its location between two large industrial estates, approximately 25 minutes away: Amata City Chonburi, which hosts over 600 leading companies such as Mitsubishi Electric, SONY, HITACHI, Bridgestone, DENSO, and Nippon Paint, employing over 215,000 people. The other is Laem Chabang Industrial Estate, which has around 145 companies, including Mitsubishi Motors, EVERGREEN, FUJITSU, Kerry Logistics, and Yusen Logistics, employing over 100,000 people.

Additionally, there is significant demand from Burapha University, which offers 22 faculties and has around 29,000 students annually, along with educational and medical personnel from Burapha University Hospital, totaling approximately 3,000 people, creating a demand potential of over 347,000 people.

Complete Lifestyle from Morning to Night

Within just 20.27 square kilometers, Saen Suk Municipality, or Bangsaen, is overflowing with various lifestyle sources that allow for enjoyable living from morning until late at night, especially in the beachfront area from Khao Sam Muk to Wonnapha Beach and the Burapha University zone, which is considered the lifestyle hub of Bangsaen. The easily accessible lifestyle zones from the Origin Place Bangsaen project are as follows:

  • Khao Sam Muk-Laem Than Zone: A popular café and dining area with a sea view, especially the HIDDEN LAB and Red Temp Coffee, which have become popular check-in spots for trendy youth. Additionally, there is Bangsaen Walking Street, craft beer bars, and viewpoints like Laem Than.
  • Burapha University Zone: The most densely packed shopping and market area in Bangsaen, easily accessible from the ORIGIN PLACE BANGSAEN project, where you can walk without getting tired, including Bangsaen Fish Market, Toshi Japanese Market, Park In Market, Laem Thong Shopping Center, and Wang Muk Market.
  • Bangsaen Beach Zone: A paradise for night owls, located just 1.5 km from the Origin Place Bangsaen project, adjacent to the popular beach, filled with bars, cafés, and beachfront restaurants.
  • Wonnapha Beach Zone: With a vibe different from Bangsaen Beach due to its beautiful rocky formations, it has become a popular photo spot. The beachfront landscape has also been newly improved, making Wonnapha Beach one of the hottest beaches at this time, filled with beachfront restaurants, cafés, and street food.

Exploring New Developments in Bangsaen

With its tourism potential generating tens of billions of baht annually, along with being a city that integrates education and job sources, Bangsaen is continuously growing. Notably, there are landscape improvement projects to support tourism, including:

  • Wonnapha Beach Landscape Improvement Project: The beach has recently been improved with wave barriers and increased relaxation areas, attracting many tourists. However, the development of Wonnapha Beach does not stop here, as there are plans to develop the area around Bangsaen Lower Public Park into a mixed-use public space, including active exercise areas, parks, viewpoints, and commercial spaces.
  • Nong Mon Market Overpass Improvement Project: A landmark souvenir market in Chonburi province, which will not only improve the landscape around the overpass but also includes community development projects around Nong Mon Market.
  • BUU Parking & Plaza Construction Project: An indoor parking building that can accommodate over 1,000 vehicles, serving tourists at Bangsaen Beach and the aquarium, which is currently open for service.

Amenities Around ORIGIN PLACE BANGSAEN

The Origin Place Bangsaen project is located just 400 meters from Burapha University, making it a central hub of amenities in Bangsaen, surrounded by important shopping areas such as Laem Thong Shopping Center, Park In Market, Toshi Japanese Market, and near Burapha University Hospital. Importantly, it is adjacent to the road leading to Bangsaen Beach, a key route connecting Sukhumvit Road and landmarks like Bangsaen Beach, which is filled with restaurants, cafés, and bars, catering to both shopping and hangout lifestyles.

Land Prices Continue to Grow

Due to the potential of Bangsaen and the new developments coming in, the assessed land value in the Bangsaen area (the road leading to Bangsaen Beach) has been continuously growing, with an average growth of 23% per assessment year. From 2016 to 2019, it jumped from 32,000 baht per square wah to 45,000 baht per square wah in the current assessment year.

The actual buying and selling prices of land in the Bangsaen area range from 50,000 to 110,000 baht per square wah, nearly double the assessed price.

Bangsaen Condo Launch Prices Grow an Average of 9% Annually

The condo situation in Bangsaen over the past 10 years has seen a moderate supply in the area, averaging 1-2 projects per year. Throughout this time, the launch prices of new condos have clearly increased. Looking back 10 years ago, the average launch price was around 34,000-45,000 baht per square meter, but now it has risen to an average of 66,000 - 75,000 baht per square meter, with an average growth of 9% per year. It is certain that condo prices will continue to rise in the near future due to the comprehensive location that supports living, attracting more demand to reside in the area.

Currently, there are 8 projects for sale, with over 65% sold. The condo selling prices range from 59,000 to 94,500 baht per square meter, averaging around 76,000 baht per square meter. Most are projects from major developers who see the potential of the area, including Origin, which has developed a total of 4 projects in this area, receiving positive feedback from customers. The latest project, Origin Place Bangsaen, is a condo in the heart of Bangsaen, adjacent to the road leading to Bangsaen Beach, with starting prices of 1.89 million baht or 78,900 baht per square meter, which is an accessible price comparable to the market.

Return on Investment for Bangsaen Condos

Bangsaen is a location with high demand from students, medical personnel, and workers from the industrial estates in Amata and Laem Chabang, making housing highly sought after by these groups. This is reflected in the return on investment for condos, with an average Rental Yield of 4.8% - 6.7% per year, which is quite high. Rental prices depend on the project's location, condition, and room size. Studio rooms of 22 - 24 square meters rent for 7,000 - 12,000 baht per month, 1 Bedroom units of 24 - 40 square meters can rent for 8,000 - 15,000 baht per month, 1 Bedroom Plus units rent for about 12,000 - 20,000 baht per month, and 2 Bedroom units rent for 18,000 - 30,000 baht per month.

Why is ORIGIN PLACE BANGSAEN Interesting?

Origin Place Bangsaen is the latest project from Origin located in the heart of Bangsaen, adjacent to the road leading to Bangsaen Beach, with convenient transportation connecting Sukhumvit Road and the motorway. It is also close to many amenities. The project's appeal lies in being a luxury resort-style condo that offers privacy, with only 429 units on a project area of 2-3-80.8 rai. The project is designed in a Modern Classic style, paying attention to every detail of the design, from the building to the internal landscape and functions, connecting nature with living that meets relaxation needs perfectly.

The project features luxurious common areas for a Classy Lifestyle, fully equipped with both indoor and outdoor facilities, including a Grand Courtyard, Swimming Pool, Jacuzzi, Onsen, Co-Working Space, Co-Living Space, Fitness, Play Room, Steam, Sauna, Sky Theater, Long Table Dining Area, and BBQ Backyard.

The project offers a variety of room types to choose from, totaling 8 types, from Studio to 2-bedroom units, sized 24 - 51 square meters, with various living functions that cater to every lifestyle. Whether for those who love to relax with a large Living Area, cooking enthusiasts with a closed kitchen attached to the balcony, a Smart Closet for fashion lovers, 1 Bed Plus units that comfortably accommodate 2 people, or Family living with 2-bedroom units for families.

With a starting price of 1.89 million baht, this is an accessible price that is highly suitable for personal residence. The project has complete amenities ideal for living, and if purchased as an investment, it is also worthwhile due to the low condo price and the high demand in the area, which can generate good returns.

Special promotion!!! For an investment purchase price of 2.19 million baht, receive a return of 6% for 2 years. Register for information and special rights at https://bit.ly/3XpvL9U or call 1498.