This new stunning residential project in the Sukhumvit area made to capture the heart of every nature and wellness living lover, is ready to take over the new CBD as a first class investment opportunity. It’s placement on a massive 35,200 m² land with wonderful trees in a natural setting designed to bring comfort and wellbeing as a repose in the midst of Bangkok city.
Located in the Sukhumvit area where the elite among Thais and foreigners reside alongside all the facilities it offers for a complete lifestyle. This vicinity offers many facilities such as an easy connection to the mass transit network with its ongoing expansion throughout the city, first class shopping malls, luxury hotels and more exclusive public places.
Sukhumvit can be considered the attraction center for many tourists as it offers topnotch culinary experiences and past-time activities. The place where Thai celebrities and the foreign elite reside and give their property investment preferences. All this affluence can be noticed by the development of high-end residential projects, offices and shopping centers.
The first part of the Sukhumvit area is represented by Bangkok’s Central Business District. Then there is also the Asoke Business District along with the Thong Lor and Ekkamai Business Disctrict. The center part constitutes of Onnut and Punnawithi, a residential area in an oasis of luxury and high class functions, marked by the increase of people, commercial enterprises ― both existing and in progress, making this area the characterized ‘New Sukhumvit District’.
The Punnawithi region is considered a digital and e-commerce platform bound by the Digital Industry 4.0 economic plan of the Thai Government. Presently it is the biggest digital innovation manifesto in the South East Asian Pacific, offering a comprehensive eco system for technological firms and other inventive communities. The majority of the area’s residents are young experts employed in high-technological companies. The growth model can be compared in detail to that of Silicon Valley in the USA as different high reputable global high-tech companies have already settled here such as Google, Huawei and Amazon. It’s no wonder that this vicinity is named as the Bangkok version of Silicon Valley.
The Punnawithi region is vastly inhabited by office buildings, shopping malls, wide-ranging commerce and the ASEAN exhibition area. This area is one of the most crucial center points of Thailand’s economic 4.0 strategy in the EEC Eastern Economic Corridor plan as well as a must for the high speed rail connection from Bangkok to Pattaya in the East.
Bangkok’s East BangNa Business District is just a few stops removed, automatically sharing its development plus points with Punnawithi such as the new airport express which straight away connects to Suvarnabhumi International Airport as well as to Bangsue’s high-speed railway station.
When it comes to new developing areas which offer great investment returns, Punnawitthi is one of the locations to look out for. As one of the best choices after Sathorn, Punnawitthi has become the high end choice of many. A variety of different expat home buyers have already favored the elite location of Punnawitthi with regional sales rates of up to 89%.
The prices of the condos depend on their distance from the sky train stations, though the average price of the second quarter of 2019 was around 140,000 to 180,000 Thai Baht per square meter. The relative expansion of the price was as high as 6%. Many foreign expat tenants live in this area, and with a monthly rental rate ranging between 450-750 Thai Baht per square meter, Punnawitthi has definitely become one of the new CBD's to look out for.
When it comes to the developer’s profile regarding Skyrise Avenue S64, we can say that Country Garden― one of the world's top 500 developers, and overseas property developers, is recognized as an established builder, operator of green both ecological with smart cities in China. Risland under Country Garden Group has developed numerous projects in Thailand such as Artisan Ratchada, Lake Serene Rama3, The Liven Phet Kasem, Cloud Thonglor-Petchaburi which are extensively desired by local and overseas customers.
Besides the remarkable reputation of the developer we can introduce the architectural design master Mr. Duangrit Bunnag who is known as the master creator in Thai architectural design having fashioned a variety of architectural masterpieces. To mention some of his top creations, we can proudly say he is the creative force behind the new terminal of Suvarnabhumi Airport and EM Quartier. He is also founder of The Jam Factory, a Cultural and Creative Center. His work covers a variety of award-winning hotels, of which Naka Phuket was selected as the number one hotel by Wallpaper Magazine in 2014.
It’s easy to see why Skyrise Avenue S64 is one of the new masterpiece luxury investment opportunities currently overtaking the Bangkok Real Estate market.
For more information on Skyrise Avenue S64 you can always contact Revenue Real Estate via info@rrethai.com or +66 94 224 4033
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