LPN Anticipates Positive Signals from EEC Real Estate as Chinese Investors Expand Manufacturing Bases in Chonburi-Rayong, Boosting EARN Condo by LPN with Rental Yields of Up to 7%
LPN Development Public Company Limited or LPN, a developer of quality residential properties that enhance livability in every aspect to elevate the quality of life, aims to deliver a ‘Livable Living Experience’ that makes homes ‘comfortable’ for everyone. They have launched a major campaign called “Big Promo, New Condo” for the EARN Condo by LPN project located in the heart of Amata City Industrial Estate, Chonburi.

The growth of Chinese investors expanding their manufacturing bases to industrial estates, particularly in Rayong and Chonburi, is on the rise. This trend is driven by the expansion plans in existing industrial areas, led by the electric vehicle (EV) industry and various automotive parts suppliers, as well as advanced technology businesses in the electrical and electronics sectors. This has resulted in increased demand for housing in the Amata Nakorn Industrial Estate, Chonburi. LPN recognizes the opportunity to develop condominium projects to meet this demand, targeting customers seeking quality housing in the industrial estate that caters to both work and lifestyle needs, including new-generation investors looking for real estate investments at affordable unit prices that yield good returns, with easy rental potential and continuous demand throughout the year, achieving yields of over 7% per annum.*

Mr. Somboon Chanuyutakorn, Managing Director of LPN Development Public Company Limited (LPN), stated, “The real estate market in the Eastern Economic Corridor (EEC) has seen numerous property developers launching projects over the past five years. Surveys indicate that there is a strong purchasing power among buyers in this area, comprising both investors and employees working in the industrial estate, with an average income ranging from 20,000 to 50,000 Baht per month. Additionally, Chinese investors are increasingly expanding their manufacturing bases to Amata City Industrial Estate, Chonburi, while the average rental rates for investment properties range from 3,500 to 9,000 Baht per unit, yielding an average of 5-7% for units sized 26-30 square meters. The demand for rental housing in the EEC area is high, with apartment and serviced apartment rental rates averaging 80-90%, reflecting the ongoing need for housing in this location, thus presenting an opportunity for investors to purchase for rental purposes.”
The EARN Condo by LPN project is a low-rise condominium development on over 20 rai of land, featuring 6 eight-story residential buildings and one six-story building, totaling 1,810 units, including 1,796 residential units divided into studio, 1-bedroom, and 1-bedroom plus types, with sizes starting from 24.00 to 36.00 square meters, along with 14 retail units. The project boasts versatile room functions and a large common area of over 6 rai, catering to the diverse lifestyles of residents, including 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 an optimal relaxation atmosphere, with easy-to-maintain plant species that purify the air and trap dust particles. The I-shaped building design allows for natural light and airflow throughout the building, reflecting LPN's livability concept from the inside out. There are 570 car parking spaces and up to 520 motorcycle parking spaces to meet the needs of residents in the industrial estate, surrounded by complete amenities, just 3 km from Robinson Lifestyle, with convenient access to multiple main routes, starting at 999,000 Baht*, with a down payment of 999 Baht/month*, and special privileges including over 14 complimentary items such as fully furnished units, built-in kitchen sets, air conditioning, and digital door locks, available from now until December 31, 2024 (terms and conditions apply as specified by the company), with completion scheduled for the fourth quarter of 2025.

For those interested, you can inquire for more details here or schedule a visit to the sales office daily from 11:00 AM to 7:00 PM, or call 02-689-6888. Follow LPN for news and special promotions through our Facebook Page: LPN Connect or LINE OA: @LPNdev or www.lpn.co.th.
