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Sansiri identifies Ratchapruek zone as prime area With land prices appreciating 3-7%/year. Great response for latest project – ‘Burasiri Ratchapruek-345’


Sansiri Public Company Limited revealed that the Ratchapruek zone has retained its popularity with the land prices appreciating 3 to 5 percent per year. The reasons are that it is an important economic zone for Bangkok and Nonthaburi, with access to six commuter train projects and the new Ratchapruek-Kanchanapisek North-South Link Road that will be completed in 2017. These important factors have driven demand that has quickened the absorption of supply. The first half of 2016 saw more than 90 percent of supply in this zone sold.
 
The first phase of the 2,400-million-baht “Burasiri Ratchapruek-345” ready-to-move-in detached house project was enthusiastically received with 40 out of available 48 units sold within 1½ months. The main attraction of the project is the convenient location with immediate access to Sirat (Chaeng Wattana-Rama 9) Expressway, and the perfectly balanced “Thai modern” design of the houses with the starting price of only 5.29 million baht. Meanwhile, the overall picture of the detached house market shows a continued popularity with units priced at 5 million baht and above selling well.
 
Sansiri Public Company Limited (SIRI), said that the overall picture of the detached house market in the year’s last quarter is still positive and is still in high demand. This market is trending towards the ready-to-move-in detached house in the price range of 5 million baht and above. The popular locations seem to be those with high economic potentials. One area that bears watching is the Ratchapruek Road zone. This is due to its present and future potentials as the road that runs parallel to the Outer Ring Road (Kanchanapisek) and the Inner Ring Road (Charansanitwong), as well as being the main road connecting the western part of Bangkok to Sathorn Road in the midst of CBD.
 
On the north-south axis, Ratchapruek is linked to Highway 345 to Bangbuathong and Highway 346 to Rangsit, Chaiyapruek-Nonthaburi Road, Phetchakasem Road, Krung Thonburi Road and Rama V. With such convenient and quick connections and accesses to either inner city or the provinces, Ratchapruek has been developing rapidly resulting in the appreciation in land prices with the proliferation of community malls and restaurants to service the burgeoning communities and housing projects.
 
In addition, the Rural Highways Department has a plan to expand Ratchapruek Road from six lanes to 10 lanes to alleviate the anticipated traffic growth and improve the efficiency of the road. By November 2017, the road linking Ratchapruek and Kanchanapisek (on north-south axis) will be completed, making the transportation network in this area even more integrated and able to relieve the traffic congestion in other heavily loaded routes. Future economic and community growth in the area will also be readily supported.
 
The Sirat 2-Eastern Ringroad, Sirat (Chaengwattana-Rama IX) and the Underground MRT Bangraknoi Tha-It Station will facilitate fast connections into the city. Thus, there is no question as to the steadily increasing demand for housing in Ratchapruek Road zone. In the first half of 2016, the absorption rate of supply was as high as 90 percent for ready-to-move-in detached houses with those in the 3.00-6.99-million-baht range being the most popular, followed by houses in the 7.00-9.99-million-baht range, and the 10.00-19.99-million-baht range, respectively. Meanwhile, the land prices have also increased constantly at 3-7 percent per annum on the average.
 
“The Ratchapruek zone location is considered to be western Bangkok’s transportation hub because it is linked to many roads and bridges across the Chao Phraya River. Therefore, rapid development is clearly evident along both sides of the route making the area suitable for housing with the residential projects attracting a lot of interest leading to the heavy demand.
 
“This is evident in the success of Sansiri’s latest ready-to-move-in detached house project ‘Barasiri Ratchapruek-345’. The project’s Phase 1 has sold 40 out of the available 48 units within just 1½ months. This is mainly because the customers were happy with the convenient access into the city and the proximity to the Sirat (Chaengwattana-RamaIX) Expressway. Also attractive to customers is the distinctive design of the project that combines the Thai way of life into the perfectly balanced blend both in aesthetics and functions with the starting price of only 5.29 million baht. We considered the response to be highly satisfactory. In this zone, Sansiri has successfully closed sale on the detached house project “Setthasiri Chaiyapruek-Chaengwattana” and we are fully confident that the “Burasiri Ratchapruek-345” project will be equally successful,” Sansiri said.
 
A Burasiri home offers the “Feel at Peace” atmosphere that is truly relaxing. It is a detached house project that gives you a refreshing and calm ambience of a resort with the distinctive design and scenery within the project that was inspired by the pleasantness of nature that will invigorate you the very moment you take up residence here. You will feel as if you have checked into a resort that is surround by relaxing nature. The design of every house has ensured that nature is within your reach, while the meticulousness of the design and the selection of materials perfectly blend in with nature and the project’s context.
 
The 2,400-million-baht “Burasiri Ratchapruek-345” project comprises of 339 units situated on 84 rai of land on Khun Mahadthai Road, Klongkoy Sub-district, Pakkred District, Nonthaburi Province. The design concept is “The New Course of Delightfulness” with the old Thai way of life adapted perfectly with the modern lifestyle, all the way from the entrance gate designed to resemble an expansive banyan tree to invoke the protective security and warmth. The design of the houses is modern, yet infused with local wisdom in the construction and livability.
 
The amenities within the project also has the traditional Thai atmosphere that is surrounded by the fragrance of flowers in every nook and corner. After a hard day’s work, nothing beats a dip in the swimming pool or shedding some sweat in the well-equipped fitness centre or simply relaxing in the homey clubhouse. You will also put your mind at ease in the knowledge that the project is protected by 24-hour security.
 
You have a choice of five house designs to choose from with the lot areas ranging from 50.4 to 127 square wah, useable areas of 135 to 294 square metres with prices ranging from 5.29 to 14 million baht.
 
 








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