Eden Estate Corporation Limited, Thailand’s pioneer and leader in the development of Ultra-Luxury Low-Density real estate, proclaims the popularity of high-end condominiums especially in Thonglor-Ekkamai area, from Thonglor main street and between Thonglor and Ekkamai BTS stations, with focus on luxury and ultra-luxury condominiums. In 2024 alone, the demand for large-sized units with the area of over 80sqm within The Strand Thonglor has increased by 83%. Underlining the “Combined Unit” concept, the company is moving forward to respond to the real demand of Thai and international customers through the highlight of nine large-sized units with the area of 111 to 198 sqm, with prices starting from 340,000 baht per square meter, responding to the ultra-luxury lifestyle in the hip area of Thonglor.
Tanyatip Chearavanont, Chief Executive Officer of Eden Estate Corporation Limited, said “Thailand’s ultra-luxury real estate market has encountered a significant change. According to surveys on the behaviors of customers who are interested in The Strand Thonglor, it is found that 51% of the buyers are investors and 49% are for residential purposes. Over 83% of large-sized two-bedroom units with the area of over 80sqm have been sold to buyers, 91% of which are international customers who run a business in Thailand or look for a place for long stay while 9% are Thais. This reflects the Real Demand towards large-sized units in Thonglor area which have become highly popular in the ultra-luxury mixed-use condominium market. Also, such units in Thonglor-Ekkamai area have become increasingly rare. Realizing an opportunity to fulfill such a specific demand, the company introduces large-sized Combined Units as an alternative for customers looking for spacious residences and high level of privacy, amid a lifestyle neighborhood full of activities and top-notch facilities fit for urbanites.”
The Strand Thonglor is a mixed-use ultra-luxury condominium with a distinguished design that combines minimal yet luxury form and functionality. Under the concept of ‘Essentially More’, the project is outstanding for its minimal luxury and sophisticated design concept that also spells timeless and elegance. This responds to the need of customers who truly want a touch of vibrant and superior urban lifestyle. Also, the project is located at a prime location — only five minutes away from Thonglor BTS station. Furthermore, The Strand Thonglor is also a pet-friendly project ideal for customers looking for a place to live with their furry friends.
Combined Unit: Fulfilling the Real Demand of the Ultra-Luxury Market
Combined Unit within The Strand Thonglor features large-sized units with the area from 111 to 198 square meters. Available with 2-4 bedrooms, the projects specially showcase Double Corners units from which residents can enjoy the outside panoramic landscape of Thonglor area from two directions, resembling living in a luxury penthouse. The project is outstanding for its customizable layout in response to different lifestyles of residents, underlining the flexibility in space allocation and functionality. Materials for interior design have carefully been selected to enhance living pleasure including Full Height glass which allows natural light, not to mention other premium materials that spell luxury in every unit. The project is also Pet-Friendly — a significant selling point which responds perfectly to the lifestyle of modern people looking for a place where they can live with their furry friends. Set aside its full-fledged facilities, the project is located on a prime location — in early Thonglor — allowing travel convenience as it easily connects to other neighborhoods in the capital city. Nine Combined Units are available at the starting price of 340,000 baht per square meter, an equivalent to a penthouse in some other projects in the area which is sold at an average price of 300,000 to 400,000 per square meter.
Thonglor: An area with annual Rental Yield of 3.9 to 5.8%
An investment opportunity for condominiums in Thonglor – Ekkamai area signifies the rental demand from the past up until present days. According to data from TERRABKK, the rental yield for condominiums in this area sees approximately 3.9% – 5.8% annually with an average rent of 620 – 950 baht per sqm. An average rent for a one-bedroom unit with the area of 30 to 60sqm is 21,000 to 50,000 baht per month and 48,000 to 85,000 baht for a monthly rent of a two-bedroom 55 to 95sqm unit. Meanwhile the monthly rent for a three-bedroom 90-160sqm unit is approximately 80,000 – 120,000 baht per month. The most popular room type with high rental yield is a two-bedroom unit which sees an average of 4-6.5% annual yield, followed by a large-sized one-bedroom unit with 3.99 to 6.1% annual yield. This is because most customers are expats who work in Thailand as well as families. They need a large-sized unit. With that said, all units at The Strand Thonglor see an average rental yield of over 5% annually.
The Strand Thonglor serves as a project that seamlessly connects all lifestyles — from working, dining, traveling to partying — from dusk until dawn. It is an embodiment of success and superior taste that ensures an ultimate living experience for those who wish to live in the heart of this capital city. It is also a reflection of the company’s vision to create an ultra-luxury residential project that responds perfectly to the demand of modern people.
