Bangkok--27 Mar--WeeM Communications
K.D. ASSET spreads out condominium market continually. After, 4 projects of The Next Condominium were succeeded. Newly, the company invests around THB 650 Million in Khao Yai, develops a project named ‘Zen Next’ for the niche market in super luxury condo under concept ‘The First Onsen Condominium in Thailand’ combines the idea of decoration in Japanese style. In 2013, targets to increase 100%, unveils the future plan which is preparing the company to list its shares on the Stock Exchange of Thailand (SET)
Mr.Theadsak Boontos, Managing Director, K.D. ASSET AND DEVELOPMENT Company Limited who changing their direction to develop real estate projects in Bangkok under brand ‘THE NEXT’, and said Recently, the company has launched condominium project in a regional area which is the first project in Nakhon Ratchasima (Korach) province named ‘Zen Next’ Khao Yai Onsen Condominium under concept ‘Elegant Tranquility’ has the project value around THB 650 Million, amount 104 units in 2 buildings. For Building A has 51 units and Building B amount 53 units, room types are designed between 1 bedroom and 2 bedrooms, usage area is ranging from 38.6 to 93.6 square meters, selling price starts at THB 3.8 Million, requiring the niche market for the reason that number of rooms is limited because of A+ or super luxury condominium that already answered the target group who has high purchasing power, tasteful and premium lifestyle
‘Zen Next’ is a condominium which has the outstanding and different building in Japanese style, prefers serenity as ‘Zen’ and Eastern maginficence which has peaceful environment in the middle of spectacular scenery, surrounded by mountain ranges in 360 degree. One of significance is ‘Onsen’, the first condominium and only one in Thailand. Furthurmore, the high light of Zen Next is ‘Onsen Spa’ in the same as original Japanese way to service the customers who come for relaxing and spending your time silently in the convenient and soothing location as advantages of soakage in Onsen Spa except for having your body cleaned, is rejuvenates your mind also.
An overview of condominium market in Nakhon Ratchasima province which has a new city planning law that affects to real estate development in Amphoe Pak Chong. However, the company confirms that it difinately will not affect to ‘Zen Next’ project because ‘Building Permits’ for this project was finished previously the new law has become effective which is a good thing and benefits to Zen Next that could reach the project to be ‘Limited Edition’ in Khao Yai.
‘K.D. ASSET Company Limited estibished in 2006, authorized share capital THB 150 Million, creates high rise building projects such as ‘THE NEXT Condominium’, located on Ladprao 44, amount 282 units, worth THB 580 Million which was very achieved by sold it out within 3 months Later, K.D. Asset and Development Company Limited was founed in 2007, registered share capital THB 150 Million and developing on the location of Sukhumvit 52 inculding, 3 projects which the first one was ‘THE NEXT Condominium The Private Pool Villas’, eight storey, a total of 119 units, worth THB 520 Million, the second called ‘THE NEXT Condominium the Garden Suites’, a building of eigh storey amount 143 units, total project value THB 523 Million and the third one, ‘THE NEXT Condominium The Garden Mix’, was also eight storey amount 138 units, the project value THB 535 Million that all of 3 projects aimed to ‘B+ and more’ in customer group which the company has built products respond to an exclusive demand (Niche Market)
Formerly, the percentage of the company’s growth was 20%. In 2013, is expecting from all of projects which have been developed and specifying project’s design obviously including conservative planning that supposes to succeed in every project, influences to the company’s expansion will be increased to 100%, for the campany looks it as a SME business but getting a total of circulation more than THB 2 Billion when it comprises the new project ‘Zen Next Khao Yai’ is almost THB 3 Billion.
Moreover, the plan to list the company shares on SET in the future when working to a stronger point and getting bigger brand for added funding. Consequently, if customers trust in the brand, organization would rise sharply. Nowadays, we have already planned and grandually driving the business which is depends on timing and appropriate situation’ said Mr.Theadsak
Additionally, the company prepares for ‘Grand Opening’ the project officially. Famed celebs will be invited to this event such as Chompoo Araya A. Harget, Excluding, the famous florist as Sakul Intakul and special shown by Liew Manasavee on Friday 29th in March, 2013 at Grand Ballroom 1-3, Siam Kempinski Hotel in Bangkok