The Basic Information
Developer: Ratchaphruek Luxury Development
Location: In the Prime Business Circle of Suvarnabhumi Airport
Project category: Condominium buildings with low floor area ratio
Housing status: Initially completed apartment
House type: 30㎡/34㎡/40㎡/42㎡
Project Introduction
VISION 1 - DEVELOPMENT
Level Condominium is location in Airport circle, which boasts Bangkok's spillover development and has great potential for growth.
◆ Bangkok is expanding outwards as there is less land available for development in the downtown area;
◆ The southeast economic belt of Bangkok with Suvarnabhumi Airport as its core sees particularly rapid growth for a cluster of major urban construction projects here, namely the BTS extension line to the airport, Eastern Economic Corridor in the eastern Thailand and railway to the other airports of Thailand.
VISION 2 - PEOPLE FLOW
Shopping paradise for 125 million tourists creates a heavy demand on accommodation in the airport business circle.
Huge tourist consumption allows the airpor business circle a place of must, which stimulates heavy demands on accommodation nearby.
The annual passenger throughput of Suvarnabhumi Airport will be 125 million by 2024.
Level Condominium lies in the shopping paradise of airport business circle.
· 5-minute drive to Central Viallage, the first international luxury outlet in Thailand
· 5-minute drive to King Power, Thailand's largest duty-free store
· 15-minute drive to Suvarnabhumi Airport
· 20-minute drive to Mega Bangna shopping mall
· 1-minute walk to well-known Huachiew Chalermprakiet University in Thailand
VISION 3 - TOURIST FLOW
Insta-famous airtels are filled capacity for being chartered to bus tour companies throughout the year.
Ratchaphruek Luxury Development, the deveioper of Level Condominium, has been managing several airtels successfully in the business circle by means of the terrific location, shopping attribute and atable tourist flow.
· Companies operated by the developer have cooperated with ouer 100 major travel agencies.
· Airtels operated by the developer welcome group tourists throughout the year with an annual occupancy rate of over 85%.
Developer-owned airtels Operation
◆ H5 Luxury Hotel
· Opening year: 2014
· Distance from Level Condominium: 5-10 minutes drive
· Totle number of rooms: 400
· Over 90% of occupancy rate on average
◆ O2 Luxury Hotel Suvarnabhumi
· Opening year: early 2019
· Distance from Level Condominium: 1-minute walk
· Totle number of rooms: 194
· Over 85% of occupancy rate on average
VISION 4 - CHARTER
We must repeat it again and again: the condominium units are available for Charter! High rental yield.
5-year house rent + 8% annualized rent + 12-day free occupancy
· Other than 5-year house rent, investors also enjoy 12-day free occupancy each year.
VISION 5 - YIELD
The annualized yield rate is expected to reach 25-30%