Featured Premium Quality Design and Decor with 24 Hours Leading Hotel Services Standards
Knight Frank foresees a strong growth potential of Ratchada-Huay Kwang area
Amaranta Development Co., Ltd. launches a new premium low rise condominium, Amaranta Residence, its flagship luxury condominium project today. The project expands the horizon of residential living with designs focusing on 4 prominent attributes that range from the sought-after prime location in high growth Ratchada-Huaykwang area, carefully selected premium quality construction and interior materials. Amaranta Residence also provides various luxury and environmentally friendly amenities to ensure truly enjoyable living. Amaranta Residence facilitates hi-tech lifestyle and real conveniences through state-of-the-art remote access and touchpad control lighting and air conditioning system and exceptional hotel services from Amaranta Hotel. Prices start at 3.4 million baht per unit. The project is expected to be completed in the second quarter of 2018.
Amaranta Residence was designed under the concept "The Eminence of Timeless Luxury". The project is an 8-storey building, totaling 159 units consisting 117 units of 30-41 square meter one bedroom types and 42 units of 55-77 square meter two-bedroom types. Spanning a space of 1.2 rai with a project value of over 800 million baht, Amaranta Residence is located in the heart of Ratchada-Huay Kwang area, seen now as one of Bangkok's most outstanding locations with promising growth potential. The project is in close proximity to leading shopping malls, including Central Plaza Rama 9 and Esplanade, and within 150 meters walking distance of the Huay Kwang MRT station.
All units of Amaranta Residence are fully furnished with premium quality materials, including premium baht room set from Kohler, luxury built-in and high gloss kitchen counter from Modernform, concealed type air conditioning and engineered wood floor. Amaranta Residence is also concerned with issues regarding the environment. These include the use of solar cells, inverter air conditioning, energy efficient electric appliances and double laminated glass that is heat protected for sustainable energy cost savings. Additionally, the Project's amenities have been designed under "urban oasis concept" with exceptional privacy in mind, including a sky fitness, a salt water swimming pool with a separate kid's swimming pool, a calming and serene garden, and 20 meter high green walls for privacy. Amaranta Residence provides freshness from its own waterfall and a poolside walking trail designed as an integral part of this true oasis in the heart of the city.
Mr. Sopon Asawanuchit, Managing Director of Amaranta Development said that "Amaranta Residence is a project where residents can feel and live an everlasting luxurious and convenient lifestyle. No matter how time passes by, Amaranta will always provide its customers with a real sense of luxury and convenience. At Amaranta we incorporate the Home Automation technology which is a control system for electricity and air conditioning, which can be operated via smartphones from a remote distance. All of these are provided to add an extra upgrade to the exclusivity of our urban living."
Amaranta Residence makes a difference for its dwellers by providing them with privileged services on a par with the standards of a leading hotel, inclusive of housekeeping, in-room dining, laundry, and transportation to and from MRT's Huay Kwang station, as well as a 24-hour concierge by Amaranta Hotel, our affiliated hotel franchise.
Mr. Phanom Kanjanathiemthao, Managing Director, Knight Frank Thailand Co., Ltd., the sole sales and marketing agent for the project, revealed, "Demand for condominiums in the Ratchada – Ladprao area is still high. Project sales rates today are as high as 86%, with cumulative sales accounting for 31,862 units out of 36,803 units, with just 4,861 units remaining on the market. The Ratchadapisek district is located in an area surrounding Bangkok (Fringe Area) that has been the focus of many buyers, both in Thailand and from overseas, such as China, Singapore, Malaysia and Hong Kong. The latter purchase the units as homes as well as investments as they see the added value of the area as a New CBD with Grade-A office buildings, including the 125-storey Super Tower".
"Ratchadapisek is the New CBD, which has developed a connection with the Sukhumvit area. It is an area that garners much attention because the prices are not very high compared to the Sukhumvit area. It also provides convenient transportation options via multiple transport modes, including connection to the MRT station of Sukhumvit Road, which is just a few stations away. It is considered to a new and important business district with high growth expectations, home of many offices, good infrastructure and a complete range of services. The prices of condos in Ratchada increases at a rate averaging 5% per year, up from 98,000 baht in 2011 to 127,000 baht in the current year; however, there are some projects that are priced up to 150,000 baht per square metre".
"There are very few launches of new projects in the Ratchadapisek area. In 2015, only three projects were launched with a total of 2,280 units, while in 2016, just two projects have launched with 592 units in total. This stems from a lack of available land for development. The land supply is scarce and the current price of land on Ratchadapisek Road is expensive, costing more than 600,000 baht per square wah."
For more information on Amaranta Residence, please visit the Amaranta Sales Gallery from today onward, or www.amaranta-residence.com, or call (02) 275-5585.