Ms, Somphis Srirathat, the senior director of SENA Development (Public) Company Limited, revealed that, according to the support of BTS and MRT routes and telecommunication networks that are under construction or completed and ready to be opened, it results in the constant demand of the condominium market in these areas. Recently, SENA has developed a new project on the best location in outer Sukhumvit area and also launched a luxury high-rise condominium, "Niche Mono Sukhumvit - Puchao", located on over 5 Rai of land on Sukhumvit Road, only 30 meters away from BTS Puchao station. It is developed into a 12-storey high-rise condominium with 3 buildings, 572 units, and 1 store. There are 2 types of residential unit, which are 1 bedroom plus with 35 - 37 sq.m. of usable area and 2 bedroom with 45 - 51 sq.m. of usable area. The price starts at 2.59 million Baht* or an average of 79,000 Baht per square meter. The total value of the project is 1,560 million Baht. The construction has been started since the beginning of 2019 and it is estimated to be completed by the end of 2019. Currently, the number of booking is more than 30 units. Its design derives from the concept of femininity, "MADE FROM HER", which focuses on every detail of life, to create uniqueness in all functional dimensions and fulfill the diverse common areas and make more differences with facilities of 3 buildings 3 styles. It is applied to lifestyles and indoor and outdoor living styles of Thais perfectly in order to meet the needs of customers based on their behaviors, such as Entrance Lobby & Social Lounge, Fitness (Male & Female), Jacuzzi, Outdoor Co kitchen (BBQ Area), Steam & Sauna, Co-working Space, Swimming Pool & Kid Pool, Play Room, EV Charger, Business Room, Sky Social Lounge, including security guards and 24-hour CCTV.
Mr. Preecha Suphapitiporn, the Managing Director of Acute Realty Company Limited talked about the potential of locations along BTS green line, the extension of Bearing - Kheha Samut Prakan, that it could meet the needs of urban workers and workers in Samut Prakan area. Such area will be benefited from the advantage of the location and land cost due to the extension of BTS Green Line, which one additional station, “Puchao Station”, is currently opened. BTS Green Line is connected to the major central business district in the area of Sukhumvit, Ploenchit, Silom and shopping centers, allowing urban workers to quickly and conveniently access to important workplaces and shopping areas in Thonglor and Siam area, which takes only 16 - 30 minutes from Puchao Station. In addition, Samrong Station is also the interchange station connecting to BTS Yellow Line, Lat Phrao - Bang Kapi - Srinagarindra - Thepharak - Samrong, which is the important residential area of Bangkok. However, after BTS opens its service, prices of residences and lands increase in 2019. The land prices now are apprpximately1.5-3 hundred thousand Baht / sq.wah, which this area is still growing and expanding well.
For the condominium market in the area of Bearing - Erawan covering the area from Sukhumvit Soi 77 to Thepharak Road and Sukhumvit Soi 50 Road to Puchao Samingphrai Road at the end of the 4th quarter of 2018, the cumulative supply was nearly 6,000 units. Regarding the demand of condominiums launched in these areas, it was well received by buyers. Projects launched during the year 2014-2018 had an average sales rate of approximately 65%, while the sale of projects launched in 2014 was almost closed. However, high-rise condominiums are still popular among condominium buyers in these areas. SENA is preparing to launch the Soft Opening Sale during March 30 - 31, 2019 at the Sale Gallery of "Niche Mono Sukhumvit - Puchao" Project. For registering customers, get a 100,000 Baht Central Gift Voucher* and many more promotions are offered at the event.