CBRE will be holding the “CBRE Elegant Homes & Living 2016” exhibition at the Hilton Sukhumvit Bangkok Hotel in Sukhumvit 24 on 17th to 18th September 2016. CBRE Elegant Homes & Living is an exclusive property showcase featuring low-rise residential projects in Bangkok and resort locations. The primary focus of the event is to showcase luxury low-rise housing in the heart of Bangkok, including single houses, cluster homes and low-rise condominiums.
A total of 11 projects will be featured at the event. Nearly half the projects will be a pre-sales of luxury single houses in Bangkok including The Edition, Sakaya 149, Arna Ekamai, and The Boulevard Ekamai as well as THYME Hill Village in Khao Yai. These projects will be unveiled for the first time at the CBRE Elegant Homes & Living. The event will also showcase Charn Issara’s newly launched luxury housing projects in Rama 9 and Bang Na and NYE Estate’s successful housing projects, the Quarter 31 and Parc Priva. Another pre-sales project is Fynn Sukhumvit 31, a low-rise condominium. Unit prices at the showcase start from THB 3.59 million, ranging up to THB 120 million.
This is the first event of its kind CBRE has organised. As the concept of low-rise housing in the heart of the city is relatively new, the exhibition will offer buyers a great opportunity to explore the market’s latest launches under one roof.
“There are many keen buyers in the housing market who have not yet made a decision as they are still unsure about the location, pricing and design. At the event, buyers will be able to explore their buying options and compare what is available. These are exclusive projects with a limited number of units which will not be as widely marketed and exposed in the market. CBRE has, therefore, pre-selected these projects to give an opportunity to our potential buyers to be the first to consider them,” said Ms. Aliwassa Pathnadabutr, Managing Director, CBRE Thailand.
Location wise, Sukhumvit and its sub-sois have emerged as a prime area for luxury single houses with more choices now being offered in the market. Arna Ekamai, Sakaya 146 and The Boulevard are all located in Ekamai and offers convenient access to Thonglor. Other locations which are increasingly on the radar are Ratchapisek-Rama 9 and Soi Soonvijai which also offers easy access to Thonglor and Sukhumvit.
In addition to a collection of luxury single house projects, Fynn Sukhumvit 31 is a low-rise luxury condominium that will be pre-selling at the exhibition as well. As prices of high-rise condominiums are continually on the up, Fynn Sukhumvit 31 is an alternative for those looking for luxury projects with a more limited budget.
Luxury housing has become a competitive alternative to condominium living for end-user buyers. With condominium sizes getting smaller driven by higher land prices and the developers’ effort to maintain market affordability, buyers who prefer larger units are faced with limited choices. Luxury housing in the heart of the city fills in this gap and has opened up a new market segment.
In the past two years, the low-rise market for both housing and condominiums has seen significant progress in terms of the product offering. Whilst many projects have based their designs on the original housing concepts, there have been enhancements in the design and product positioning. New projects have adopted a more modern and luxury design and specifications. More importantly, they have been designed to answer the real needs of end-users today, particularly in terms of functionality, usable space and parking requirements.
Low-rise living in resort destinations has also been long popular amongst Thai buyers. The latest launch in Khao Yai is THYME Hill Village, a low-rise condominium and villa project set on a 40-rai site surrounded by mountain scape. The project features resort villas and home-like resort condominiums in a lakeside and mountain setting. Offering an ideal mountain hideaway for city dwellers seeking a weekend escape, THYME Hill Village is NYE Estate’s latest development.
Bringing together the best collection of low-rise developments, CBRE Elegant Homes & Living is the ideal avenue for end-user buyers and investors to explore what the market currently offers. CBRE has partnered with leading banks and will be offering up to X55 reward points on the reservation fee when using Citibank credit cards and a 0% instalment for up to 6 months on contract signing fees when using Krungsri credit cards. CBRE is also offering a range of promotions such as a maximum discount of THB 3.1 million offered on an individual unit and additional gifts and privileges including free furniture vouchers valued up to THB 2.5 million and fully furnished packages valued up to THB 3 million from Chanintr Living and a private yacht trip from Veranda Resort Pattaya.
With special discounts and privileges valued at over THB 8 million and the best collection of low-rise developments under one roof, CBRE Elegant Homes & Living 2016 is one event not to be missed by homebuyers.
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