Asian property launches 2 detached-housing projects

The mid-market project will offer houses priced between Bt3.79 million and Bt5.89 million.

The first project on Sukhumvit 113, called The Centro Sukhumvit 113, is worth Bt800 million. The project will be located close to the new BTS SkyTrain station. This project will have only 208 units with a utilisation space of between 130 and 230 square metres.

The project offers houses with three bedrooms and two bathrooms and three bedrooms and three bathrooms at a starting price of Bt3.79 million per unit. The company will open presale bookings this weekend.

The second project on Rattanathibet Khaerai, called The City Rattanathibet Khaerai, is worth Bt1.2 billion. The project will be built in a modern contemporary style and will have 216 units with a utilisation space of between 180 and 230 square metres, comprising units of three bedrooms and three bathrooms.

The project will be located close to the new BTS Purple line that links Bangsue and Bang Yai. The company will open presales for this project next weekend.

"We believe demand for residential projects will grow, especially projects located close to the mass-transit system. This is despite house prices having increased 5 to 10 per cent compared to last year, following a rise in construction costs. Our customers are not worried about the price but they are concerned about the location," Asian Property Development senior executive vice president Visanu Suchatlumpong said.