Highlight the Condominium Market alongside Purple Line Subway Bang Yai - Bang Sue
The building Purple line subway Bang Yai – Bang Sue is the pathway that make value to alongside subway area. Entrepreneurs will interest to develop such area more and more due to its price that not too high and considered as area that has a good future because when Purple Line subway open, it will make Bang Yai closer to Bangkok in shorter time by condominium project is popular. In the present, Purple Line train has the construction progress about 80%, expect that it is finished and open in late 2014. Investment in area alongside purple line subway, Mr. Summa Kitasin, director of Real Estate Information Center said,” Formerly, Nonthaburi is the location where most entrepreneurs will develop the horizontal housing, but Purple line Subway Bang Yai – Bang Sue is the factor that make many entrepreneur start turning to invest in condominium project. Nonthaburi have the advantage that closest to Bangkok, easy to go to city and has traffic problem less than Bangkok. Moreover, Nonthaburi also has government center and major shopping complexes so many. So, it will be the another area that interesting for condominium project". According to the data of “Real Estate Information Center”, you will found that within radius 1 km from Purple line subway Bang Yai – Bang Sue has new condominium projects total 22 projects, 13,800 units counted since 2008 – August 2013. Data at August 2013 by Real Estate Marketing Research Department of Real Estate Information Center From total amount of units will categorized into finished construct 6,350 units or 45% of total units and in progress 3,550 units or 26% of total units, remaining 3,900 units is not yet start to build. For all expected that it will finish within 2015. And from total units, there are reservations or sales up to 84% or 11,600 units. (Data at August 2012)
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