As one of the fastest growing economies, Thailand is now ranked second position in terms of GDP among all ASEAN countries.
Savvy property investors all over the world are pursuing opportunities to invest in this booming economy, where many have cited attractive investment returns as one of the main reasons.
When it comes to property investment, two of the most common things investors tend to focus on would be price and location. However, when it comes to investing in emerging economies like Thailand, savvy investors should also spend time better understanding the profile of the property developer. By investing in a property with a reputable developer, you can be fairly certain that the property will live up to its claims.
Ranked as the one of the Top Property Developers in Thailand, AP (Thailand) is best known for its commitment to building quality residences, and is the only real estate company from Thailand to win the region’s Honour at the Asia Corporate Excellence and Sustainability Award 2018.
Established in 1991, the company has accumulated more than 28 years of knowledge and expertise in various types of property development, ranging from townhouses, detached houses and condominiums. Today, it leads the market with its AP philosophy – differentiation through delivering sustainable good quality of life.
Bringing its expertise in innovative space design, AP (Thailand) collaborated with Mitsubishi Estate Residence (a company in Mitsubishi Estate Group) to develop “Life Asoke – Rama 9” – a quality lifestyle-focused development that is also Thailand’s largest ever condominium development in the hub of the city. Riding on AP’s reputation for quality residences, we saw Life Asoke achieve unprecedented success with over 1,000 units sold within 2 months.
Steadfast in their philosophy of developing quality properties, the company’s “Rhythm” series of projects were well-received by consumers too. Majority of the “Rhythm” series projects were sold out soon after launch, including the popular “Rhythm Sukhumvit 42”and “Rhythm Ekkamai”. A common theme observed in the properties developed by AP (Thailand) would be its focus on prime location. A note-worthy example would be “Rhythm Sukhumvit 42”, located next to a BTS Train Station.
AP (Thailand) takes pride in ensuring that their developments are thoughtfully planned and priced reasonably. Investors and residents are assured that their homes are purposefully designed as a residential neighborhood, and many are situated close to the CBD, providing residents accessibility to and from their homes. Yet, despite the convenient location, AP (Thailand)’s properties are amongst one of the most attractively priced developments, compared to the surrounding vicinity. This is due in no small part, to AP (Thailand)’s objective of wanting to create quality homes at a fair price and has won AP (Thailand) the Investment in People’s Award in the 2018 Asia Responsible Entrepreneurship Awards.
2018 has been an outstanding year for AP (Thailand). With a total of 32 Project launches, 2018 revenue growth of 30% from 2017, AP (Thailand) has received several notable awards and is now a household name that resonates with quality residential homes.
For those interested in finding out more about AP Thailand’s projects, the leading Thai developer will be bringing to Singapore two of its popular investment projects – Rhythm Ekkamai Estate and Aspire Asoke-Ratchada this March.
Rhythm Ekkamai Estate is Strategically located in Ekkamai, widely known as Thonglor’s sister neighborhood. Ekkamai, along with Thonglor, is home to Bangkok’s hip & trendy lifestyle and gastronomic destinations. It is a highly popular residential area among Bangkok’s expat population, especially the Japanese expats. Yet, as compared to Thonglor, property prices in Ekkamai are much more affordable, contributing to the increasing interest among investors.
Aspire Asoke-Ratchada, on the other hand, is located in Ratchada-Rama IX, Bangkok’s new CBD. The Ratchada-Rama IX area is home to the Stock Exchange of Thailand (SET) and many of Bangkok’s newest Grade A office buildings, attracting leading public listed Thai companies and multinational corporations to set up their base here. Popular shopping malls, department stores, night markets, restaurants, and cafes make the area an extremely vibrant location to live, work and play.
If you are looking to invest in Bangkok properties, why not check out these two projects yourself!