Press Release – For Immediate Release
Thailand’s economic advancement is not seen to slow. Powered by Thailand 4.0 and the Eastern Economic Corridor initiative, Bangkok will soon provide a new outlook on its property market, which is expected to be stimulated by the linkage of Thailand’s three major airports by a High-Speed Rail (HSR) system.
The HSR will propel a strong growth in Bangkok’s Ladprao, merely stations away from Bangkok’s ‘West Kowloon,’ Bang Sue, the upcoming ASEAN trade and business hub. The LINE Phahnoyothin Park, created by Thailand’s prestigious developer, Sansiri, starts at merely HKD 1.1M with a location central to Ladprao. High housing demand by professional commuters, coupled with a lagging value, creates the opportunity to secure an investment in Bangkok’s optimistic property market.
Thailand 4.0 & EEC to reform Thailand’s Logistics Network
Thailand 4.0 will reposition the country into a high-technology, high-value and high-creativity economy by 2036 by focusing on developments in 10 innovation-driven industries, expected to increase the nation’s GDP from 3% to 6%.
By 2017, the EEC plan has already attracted over 9.3 billion USD worth of FDI fueling a superior economic growth in the region as reported by The Board of Investment (BOI) of Thailand. The plan has driven a number of infrastructure initiatives to provide for Thailand’s ambitious plans, including the HSR linkage of Thailand’s major airports, Bangkok’s Don Mueang and Suvarnabhumi International Airport, and Pattaya’s U-Tapao International Airport. The linkage, reducing travel time within an hour from Don Mueang to Rayong, will provide an essential aviation and logistics gateway for international trades and investments.
The Emergence of Bangkok’s ‘West Kowloon’
The EEC, stretching from Chachoengsao (east of Bangkok) through Chonburi to Rayong, will become Thailand’s most significant center of international shipping, logistics, trades, conferences and tourism. Already, tech giants like Alibaba, Samsung, LG and major automobile manufacturers BMW, Toyota and Ford Motors have invested into the EEC.
Bang Sue, merely 3 stations away from Ladprao, will be deemed as Bangkok’s ‘West Kowloon.’ Housing over 20 platforms in its HSR station, with interchange to Bangkok’s MRT lines, linkage to both Don Mueang and Suvarnabhumi International Airports and HSR to Kunming, China, Bang Sue will be a major ASEAN trade and business hub by 2021. Ladprao, next to Bang Sue, will largely benefit from the influx of professional young workers to the area and EEC zones as a highly-favored residential district.
Ladprao to experience incredible property market growth
The Thailand 4.0 economic model is expected to create over 100,000 job opportunities by 2020 and stimulate housing demands. Property markets along key transportation hubs and the HSR, have experienced a housing boom. Districts outside central Bangkok nearby Don Mueang and Suvarnabhumi International Airports, have experienced large value increase due to a rising number of a professional labor force.
Regarded as the ‘life line’ of Bangkok, Ladprao hosts great accessibility to key districts in Greater Bangkok. In close proximity to Mo Chit Bus Terminal, Ladprao BTS station and Phahonyothin MRT station, Greater Bangkok and its international airports are easily within reach, notably once Bangkok’s Blue Circle Line undergoes full operation by 2020.
Golden Emperor Properties Managing Director, Mr. Terence Chan explains, “Thailand’s high-technology manufacturing is mainly centered in Rayong, though many have expanded to areas near Don Mueang and Suvarnabhumi airports with a closer proximity to the CBD. As the High-speed Rail completes, travel time from Rayong to the CBD will be largely reduced. Hence, many professionals, both local and from overseas, choose to reside in these districts, like Ladprao, where transportation is made convenient and accessible to Bangkok and outside Bangkok.”
A luxury green residence
The LINE Phahonyothin Park seamlessly intertwines the outdoor park space into its interiors with neutral designs and planters across the residence, where city and nature combine flawlessly. Housing 880 1-bedroom and 2-bedroom freehold condominium units from 314 square feet to 885 square feet, The LINE Phahonyothin Park offers a green, yet luxury space for its residents with meticulously- designed amenities including a green lobby, rooftop garden, co-working space, hot party pool, swimming pool and workshop room. Starting from HKD 1.1M and with an expected rental yield at 5% per annum, The LINE Phahonyothin Park is an investment gem expected to excel in value with a location central to Bangkok’s upcoming ‘West Kowloon.’
Sansiri is recognized as the leading developer of quality houses, townhouses and apartments and the only full-service real estate developer in Thailand. Sansiri has more than 3,400 employees. Over the past 34 years, more than 300 projects throughout Thailand and a residential project in Kensington, London have been built, all of which emphasize excellent design and livability. Sansiri offers a full range of services, far exceeding traditional developers, including concierge services, real estate management, sales brokers and long-term resort rental. Listed property firm Sansiri Plc announced total revenue of Bt31.75 billion and a net profit of Bt2.82 billion last year. www.sansiri.com
About Golden Emperor Properties Inc.
Golden Emperor Properties (HK) Limited is a Hong Kong-based property agency company that offers property investments worldwide to clients in Hong Kong and internationally. Since the establishment of the company, it has accomplished close partnerships with developers from USA, England, Australia, Thailand, Vietnam, Malaysia, Japan and Europe. The company has a team of dedicated sales representatives to provide consultation and services on relevant enquiries for investors, including tax information, buy and sell procedures, payment schedules and etc. www.goldenemperor.com
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