Walden condo complex to be built in Asoke
Habitat Group says it has invested as much as Bt2.5 billion to build luxury condominiums under the Walden brand as it enters Bangkok’s high-end central business district Asoke area for the first time
.
Called Walden Asoke, the residential condominiums can be bought in sizes from 31 to 65 square metres, with prices ranging from Bt5.9 million to Bt11 million per unit.
The developer said Walden Asoke was targeted at expatriate groups such as Japanese and Chinese as well as property investors.
Habitat Group chief executive officer Chanin Vanijwongse said on Monday that purchasers could expect capital gains of up to 6-10 per cent per year, with returns on rent being 4-6 per cent each year.
RELATED