Ideo Mobi Rangnam Review
Confidence in Thailand property market is at an all-time high, especially in the residential housing market. Ideo Mobi Rangnam is one such project that has made waves in the property market. In this post, I will be giving my thoughts and perspectives about Ideo Mobi Rangnam shedding some light on some of the critical details about the property.
Details about the development
According to the developer the property is designed with three main themes with a future-nature concept.
- Smart location
- Smart innovation (solar fresh air system)
- Intelligent design.
The ecological approach is unique turning the whole condominium project that is wholly dependent on green energy.
Also read Ideo Mobi Rangnam developers details
Ideo Mobi has a site area of approximately 1-2-92 Rais (2,492 Sq.M.) that’s 31 storeys with a total of 366 apartment units comprising of a blend of a studio apartment and 1-2 bedroom units. The studio apartment will have 27.90- 30.20 square meters, the 1-bedroomed units will have 30.10- 40.50 square meters and finally the 2-bedroomed condo’s will be 48.75- 65.95 square meters.
The project development will also have 169 parking lots, two passenger lifts and 1 fireman lifts underlining the precautionary measures the developers have taken in case of an emergency. Ideo Mobi will have exciting and world-class facilities with state-of-the-art features that will complement the modern lifestyle of future residents. Some units will have a fully furnished package at an extra cost.
The apartment complex will the completed in September of 2019; its freehold feature allows foreigners to invest in the property either of homebuyers or investors.
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No. of Units
Ideo Mobi Rangnam Google Map Location
Ideo Mobi Rangnam Google Street View
Main selling points about the development
The property development incorporates the synthesis of future with nature concept. The property is powered with eco-friendly energy and smart solar fresh air system tackling the emerging of pollution within Bangkok; it will also have world-class facilities that are truly unique and stands out from the surrounding properties such as Sky Garden and Sky fitness.
Ideo Mobi is a freehold development project, in my opinion, that is a deal closer. Not paying rent in such an exclusive location is a no-brainer for anybody. Its freehold status will allow future owners to sell their property and be able to redecorate and customize according to their own needs and preference.
Rangnam area is a popular residential location due to its strategic locale with a good prospect for capital growth; investors are assured of 6% rental yield with higher occupancy rates boosting rental income making the property a wise investment decision.
My thought about the development
The median price list of the condominium development is ฿ 6,099,523 translating to ฿ 186,035 median prices per square meter. Comparing that figure to the average median price of the district, it’s 17.6% higher which stands at ฿ 158,202 per square meter. Also, the Ideo Mobi median is 39.5% higher than the Bangkok median as of 2018 which was ฿ 133,365 per square meter.
Check the full pricing on Ideo Mobi Rangnam Price
Some may find it expensive and opt for other project developments, but in my opinion, due to its locality and convenience to almost everywhere, the price is entirely justified.
The residential development has adopted a green energy concept making the property a one of a kind in Thailand. This green technology will revolutionize the city’s property market with Ideo moby genuinely leading the way towards an environmentally friendly and clean energy residential property truly setting the pace for others to follow.
With condominium projects nearby there will be high competition regarding rents putting a lot of pressure on Ideo Mobi as future tenants have a large pool of housing developments to choose from. But, in my opinion, I feel that Ideo Mobi is the best choice for most tenants due to closeness to the CBD and surrounding hospitals making it convenient for doctors who make up a large portion of the occupancy rates. The property is an incredible choice for buyers looking for a home in this area.
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- Pricing – 50%
- Location – 80%
- Quality -95%
Ideo Mobi is a joint venture development overseen by Ananda Development a well-respected industry leader in Thailand with a track record of developing high quality and environmentally friendly developments all over Thailand. Another partner in the project is Mitsui Fudosan one of the largest residential developers in Japan.
Future residents will only expect nothing but the best when it comes to Ideo Mobi Rangnam.