With the continuous advancement of globalization, overseas property has become a popular choice for many investors. Bangkok, the capital of Thailand, has become a hot spot for overseas real estate investment with its unique cultural charm, stable economic growth and relatively low cost of living.
At the end of the first quarter of 2024, foreigners purchased a total of 3,938 apartments in Thailand, up 4.3% year-on-year, and the transaction value was 18.01 billion baht, up 5.2% year-on-year. (Data source: Thailand China Net)
In the first half of 2024, Chinese buyers firmly topped the Thailand condominium market with 2,872 units, with a total value ·of about 13.2 billion baht, accounting for 39.5% of all foreign buyers, according to Wichai Wiratkaphan, Inspector General of the Thailand Government Housing Bank.
The Bangna region of Thailand, located in the heart of the "Eastern Economic Corridor", is not only prosperous in business circles, developed transportation, but also has a huge population base. Bangna is not only the gateway to Suvarnabhumi Airport, Rayong Industrial Park and Pattaya, but also an important hub for Bangkok's external connections. With these advantages being revealed, Bangna is rapidly developing and has the potential to become Bangkok's next world-class business hub.
Over the past five years, Bangna Bangna's land price has doubled significantly, from about 13,000 yuan per square meter to about 25,000 yuan per square meter. This growth not only highlights Banner's attractiveness in the real estate market, but also reflects its huge investment potential. The upward trend in prices sends a positive signal to investors that Bangna is becoming one of the most attractive areas for investment in Bangkok.
PS: Eastern Economic Corridor of Thailand
Thailand's Eastern Economic Corridor (EEC) is the only national special economic zone in Thailand, a three-dimensional international transportation hub of land, sea and air, and a new economic center in Southeast Asia! Known as Thailand's version of the "Shenzhen Special Economic Zone"!
Located in Bang Na, The Forestias is the largest real estate development in Bangkok, and has become the first choice for overseas property buyers.
Located on the strategic frontier of the EEC's Eastern Economic Corridor (EEC), The Forestias is a 955-acre mixed-use development that combines residential, commercial, health and cultural and educational facilities to represent sustainability and multigenerational living. It is also the first place in the world to be designed as a sustainable ecosystem where people, animals and nature can live in harmony.
The Forestias strives to create the largest community forest ecosystem ever built in Asia. The green area rate of the project is 56%, and if the area of branches and leaves is included, it can reach 70%.
The Forestias · Hong Lim Urban Community brings together three different types of products: the Mulberry Grove brand offers ultra-luxury intergenerational villas and apartments for multi-generational families;
The Aspen Tree brand provides the best shelter and aged support for seniors aged 50 and above;
Whizdom · The Huizhidu brand brings a high-tech and connected lifestyle to elite families.
Mytopia is one of three elite smart condominiums in The Forestias, designed to create a new generation of lifestyle in harmony with nature.
With excellent design and high market recognition, all the buildings within the project are designed by the FOSTER+PARTNER team, whose main works include landmark and epoch-making architectural works such as the Apple Campus in United States, the headquarters of HSBC Bank in Hong Kong, the headquarters of Commerzbank in Frankfurt in Germany, the atrium of the British Museum, the Thornsbury Art Centre in United Kingdom, the Bund Finance Center in Shanghai, and Iconsiam in Bangkok. The Forestias also won three awards in the architecture category: London Property Awards 2023; United States International Design Awards 2023; Asia Pacific Property Awards 2024-2025.
The Forest Forestias is the largest forest ecological community in Asia, the project has created 380,000 square meters of landscaping, a residential center of 48,000 m (12 acres, 30 rai) forest landscape, the total green space rate is as high as 56%, "sustainable happiness innovation" four "harmony with nature", "desirable community", the project around "maintaining multi-generational life", the core essence, The forestias · Hong Lim City from nine dimensions to build happiness and sustainability.
The Forestias focuses on the world's top educational resources, and the project is surrounded by more than 20 well-known international schools, such as Patana International School in Bangkok, one of the best international schools in Asia, Berkeley International School, CONCORDIAN International School, GLORY SINGAPORE International School and many other international famous schools for high-quality education.
At the same time, The Forestias also deeply integrates education and residential design. Restore the forest ecology, provide a perfect growth environment for children, and deeply integrate the cutting-edge educational wisdom that keeps up with the times into the design thinking through products and services covering all ages, so as to provide better education possibilities for more families and children from a humanized perspective.
The Forestias City comes with a HAPPITAT shopping mall - a 220,000-square-meter super large commercial mall. The project has a wealth of business formats such as office buildings, large-scale comprehensive supermarkets, theme brand stores, and international top luxury hotel brands such as six-star brands Six Senses, top villas for Six Senses hotel management services, Six Senses Hotel (Asia Membership Center), Mulberry Grove luxury villas, and Indigo 5-star J Hotel Indigo under InterContinental Group.
Thailand's medical standards, medical conditions and service quality are well-known in Asia and the world. It has 64 JCI accredited hospitals. At the same time, Thailand's medical tourism industry is also very developed, accounting for almost 40% of the global medical tourism market, and has become one of the most popular tourist medical destinations in the world.
Bangna District, where The Forestias is located, is home to new industries such as biotechnology and healthcare, as well as a number of well-known international hospitals, such as Sikarin Hospital, which has world-class medical standards, and Thai Nakarin, one of the top 10 hospitals in Bangkok. Within 100 meters of the project, there are three top hospitals, including PRINC General Hospital, Baycrest Private Hospital, and Zhengda Hospital.
In addition, a brain health center has been set up in the project's own community, equipped with 24-hour professional medical staff, and can meet the needs of exclusive direct referral services. The whole life cycle of medical care makes residents feel at ease and more worry-free.
The community has also created an exclusive service club for the elderly, in addition to providing services such as food and beverage, concierge, housekeeping, home medical consultation, first aid alarm, etc., and will also hold community activities on a member-scheduled basis. Indoor and outdoor swimming pools, open library, meditation room, cinema, karaoke, games room are all available, and you can also enjoy a variety of interest classes such as yoga, aerobics, and singing salon.
From the concept of forest residences to the architectural design that leads the global fashion trend to the top-notch community facilities, there is no doubt that The Forestias is the first choice for real estate in Thailand.
The project is currently on sale to the global market for foreigners' share WHIZDOM series Mytopia elite apartments. The area of the suite is 40-160 square meters, and the total price starts from about 1.5 million RMB
Source: Hong Lim City