Ideo Mobi RangnamIDEO MOBI RANGNAM – Rare Freehold Condominium at Victory Monument and Near to Prime Chitlom and Siam Bangkok!
Thailand is an emerging property market powerhouse in Asia and globally partly due to direct foreign investments, the country’s real estate is vibrant and resilient as a result of a favorable government policy framework, low-interest rates, and stable economic growth.
According to the Bank of Thailand, the average price for single-detached houses increased by 6.3% in the Q2 2018 a slight turnaround from the previous year’s 3.1% y-o-y decline. The average rates of new condominiums launched in the 2nd quarter of 2018 were estimated to be about THB137,933 per square meter rise of 26.4% from the previous quarter.
For the past 1-2 years the average prices for new condominium units have been on an upward trend with an increase of 15-20% annually, and in some cities, the rise has been higher. Developers have focused on constructing with a selling price of THB 70,001–150,000 per square meter.
According to a survey carried out by University of the Thai Chamber of Commerce showed the average uptake rate for condominiums launched between 2015 until 2Q 2018 was 81%. New condos launched in 3Q 2018 sold about 64% of total 22,579 units. In Bangkok, some developers reported a 100% take-up rate after a few days of official launch signaling an increase in confidence in Thailand’s long-term economic situation.
The Bank of Thailand reported a surge in residential construction activity; condominium registrations rose by 69% to 53,186 units in H1 2018 representing a 30% increase from the previous year. Land and residential transactions increased by 5.1% from 2017 to THB 539.64 billion (US$16.56 billion).
Foreign buyers are the new target group for many developers especially for projects located in Central Business District, Sukhumvit and Ratchadapisek Roads. In Q2 2018 alone there were approximately 88,000 foreigners who applied for work permits, and those figures are predicted to rise over the coming years. Serviced apartments gained a lot of popularity amongst expatriates, in Bangkok, there were over 21,000 serviced apartments with an occupancy rate of 82%
CBRE expects the residential property market to continue steadily rising and grow stronger as banks have eased restrictions on lending criteria on mortgage loans significantly boosting the ability access to mortgage financing and borrow money.
Ideo Mobi Rangnam
The Ideo Mobi Rangnam is a new launch condominium in the heart of Bangkok that will be launching soon.
Ideo Mobi Rangnam condominium project presents buyers with a once in a lifetime opportunity of becoming future owners or investors of a property located right at the heart of Bangkok city.
|Project Name||Ideo Mobi Rangnam (TH / Bankok)|
|Developer||Ananda Development Public Company Limited|
|Developer Sales Hotline||65 6100 6150|
|Est Indicative Selling Price||average 4,790,000 THB|
|Type Of Development||Freehold high-rise condominium|
|Address||Rangnam Road, Thanon Phayathai, Ratchathewi, Bangkok|
|No of levels||31 floors|
|No of parking lots||169|
Studio: 27.9 to 30.2 sqm. Pricing from S$19xk.
1 bedroom: 30.1 to 40.5 sqm. Pricing from S$23xk.
2 bedroom: 48.75 to 65.95 sqm. Pricing from S$39xk.
|Bedroom Allocation||1 – 2 Bedrooms + Study|
|Expected TOP||Sep 2019|
|Facilities||Ground floor: Lobby, mail area, property management office, garden carpark
2 to 8 floor: Carpark
21 to 29 floor: Residential. Garden on 21st, 24th, 26th floor
30 floor: 360 dramatic pool, Jacuzzi
31 floor: Sky Fitness, levitate lounge, changing rooms
|Description||Ideo Mobi Rangnam condo is a 366 units of 1-2 Bedrooms + Study freehold project, from S$19xk, located at Rangnam Road, Bangkok, devevloped by Ananda Development Public Company Limited and expected to TOP in 2019|
Ideo Mobi Rangnam Condo Google Street View
Ideo Mobi Rangnam Condo Google Location
Reasons to invest in Ideo Mobi Rangnam
Why invest in Ideo Mobi Rangnam base of the geographical level
The condominium project is situated in a prime location right at the heart of the city center. Rangnam is a residential catchment area with good potential for capital growth and 6% rental yield as its conveniently located near a lot of hospitals resulting to higher occupancy rates especially from doctors, presenting investors with an exceptional prospect for rental units both in the long term and short term.
The property is near future development projects such as Makkasan Complex a master plan by the government which will include hall exhibition and grand park museum. A future mass transit Orange line is in the works linking the CBD with suburbs promoting development within the area. The mega project on the 500-rai of land in Makkasan has the potential to generate a positive impact to Ideo Mobi Rangnam in the future.
Ideo Mobi Rangnam Drone Video
Ideo Mobi View Day
One of the most impressive geographical features of the vicinity is that there aren’t skyscrapers taller than Ideo Mobi Rangnam, future residents will have front row view of the fantastic cityscape and skyline.
Regarding accessibility, the condominium is well linked to public transport systems such as airports, bus stops and MRT stations making it convenient and easy to move around ensuring punctuality.
Also Check My Personal Review
Ideo Mobi nearby amenities
Due to its central locale, the apartment development located close to a variety of shopping and entertainment amenities that will provide and cater to all your individual and family needs without the need to travel further.
Thailand has an increasingly young population, the strategic geographical location of the property will provide for accommodation and housing needs of the working-class community positioning the condominium project to reap huge benefits from rental income.
Its proximity to parks and recreational centers are one of the main reasons why you should invest in this property. The nearby park will provide future families with eco-friendly activities and promote healthier living.
Also check Typical Floor Plans and Units mix
Reasons to invest based on property level
Ideo Mobi Rangnam apartment comes with a freehold tenure offered by the developer. These are one of the main advantages of the property; future owners will no longer be required to pay rent. When it comes to selling you will also be free to dispose of your property, on the other hand, the freehold tenure you will be able to customize your apartment according to your personal needs and preference.
Unique smart building concept
Ideo Mobi Solar Fresh Air System
Eco-friendliness is one of the critical concepts of the property; the developer elegantly fuses modern technological designs with a heart of nature completely redefining the concept of contemporary living. The development will have world-class facilities with state-of-the-art features such as solar fresh air system, 360 dramatic pool, solar cells in every apartment unit and smart solar dashboards providing clean and environmentally friendly energy.
Spacious and luxurious condominium units
Each apartments units are spacious with modern designs providing you will the ultimate modern living experience. The apartment complex is fully furnished with top range appliances and furniture; they will also have high ceilings of 2.7 meters and window panes allowing in plenty of natural light creating a cozy and warm living space.
Ideo Mobi Night View
Ideo Mobi view of the city skyline
The paneled design of each condo unit overlooking the spectacular Bangkok cityscape giving future residents exclusive access to scenic and panoramic views that will take your breath away.
With an increase in foreign buyers and investments, Ideo Mobi is ideally located for both local and international investors. Its central location makes the property a ‘hot cake’ with guaranteed returns with higher occupancy rates for those intending to rent out the property boosting rental income.
The high-rise condominium project will be 31 storeys comprising of 366-unit mix ranging from a studio apartment to 1-2 bedroom rooms suitable for all family sizes. The project is slated for completion in September 2019.
Also check Ideo Mobi Rangnam Site Plan and Facilities
Pricing and Floor Plans
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