"AssetWise" is advancing with ongoing project development, joining forces with "Takara Leben," a prominent Japanese developer, to extend robust growth, introducing the fourth joint venture project, "Modiz Vault Kaset - Sripatum," a new pet-friendly condominium project situated adjacent to Kasetsart University and in close proximity to Sripatum University, valued at over 2.2 Billion Baht. They anticipate generating revenue from the project by the first quarter of 2026, building on the success of three previous joint venture projects and demonstrating confidence in the growth of the Thai real estate market.
Mr. Kromchet Vipanpong, CEO of AssetWise Public Company Limited, said that one of the key strategies contributing to the company's sustained growth is forming partnerships with capable partners to develop high-quality projects that cater to customers' needs. The company has partnered with Takara Leben, a prominent real estate developer from Japan, to develop three condominium projects worth a total of over 5 Billion Baht. Currently, these projects have completed 100% construction and ready for move-in.
"Recently, AssetWise has moved forward with a joint venture with Takara Leben to develop "Modiz Vault Kaset - Sripatum" valued at over 2.2 Billion Baht. Takara Leben has consistently proven to be a reliable business partner. This marks the fourth joint venture project, with AssetWise holding a 51% stake and Takara Leben holding a 49% stake. Modiz Vault Kaset - Sripatum stands out for its prime location, nestled near Kasetsart University and Sripatum University, and situated adjacent to a newly constructed road linking Phaholyothin-Vibhavadi. It is conveniently close to the BTS Green Line, providing easy transportation access. Moreover, it offers access to various job opportunities and fulfills all aspects of a balanced lifestyle. One of its buildings also features a pet-friendly zone, catering to pet owners. Currently, the project has received EIA approval and is progressing with construction. It is anticipated to be completed and ready to generate revenue by the first quarter of 2026," Mr. Kromchet said.
Mr. Kazuichi Shimada, CEO of Takara Leben Co., Ltd., said that the company recognizes investment opportunities arising from the ongoing growth of the Thai real estate market. It firmly believes in the capabilities of its business partner, AssetWise, which develops projects tailored to and understanding of customer needs. Consequently, the company continues to invest in consecutive residential projects, aiming to create quality living spaces for Thai customers while also expanding its international customer case, fostering mutual and robust growth together. The company is confident that Modiz Vault Kaset - Sripatum will undoubtedly be another successful project.
Modiz Vault Kaset - Sripatum is a lifestyle condominium consisting of 2 buildings - a 21-storey high-rise building and a 7-storey low-rise building designed to be pet-friendly. It features a total of 798 units, comprising 787 residential units and 11 shops, spread across approximately 5 rai of land. The project is situated in a prime location adjacent to a newly constructed road linking Phaholyothin-Vibhavadi, offering convenient access in and out of the city. It is easily accessible by private transportation, as it is located near an entrance to the Utraphimuk Elevated Tollway, reachable within a 5-minute drive. Moreover, it is conveniently located near the BTS Green Line Bang Bua station, providing easy access to the city center. The project is surrounded by various amenities, including leading educational institutions such as Kasetsart University and Sripatum University, as well as schools like Horwang School. It is also near shopping destinations such as Central Ladprao, Major Ratchayothin and Union Mall, along with numerous government and private sector job opportunities. Medical facilities such as Paolo Kaset Hospital and Vibhavadi Hospital are also in close proximity.
The project is designed under the concept of timeless design, drawing inspiration from classical elements. It prominently features curved lines (Vault) that create balance and sophistication in the space. The unit layouts consist of Simplex type ranging from 22.00 to 35.50 square meters and Vertical Suite type ranging from 22.60 to 34.40 square meters. The Vertical Suites feature high ceilings, providing an airy ambience, which appeals to modern individuals who prefer two-storey layouts. Fully furnished with carefully designed furniture to optimize functionality, these units cater to diverse demographics, including working professionals, investors, students and pet owners seeking condominium living.
One of the project's key highlights is its exceptionally exclusive common areas and comprehensive amenities, providing up to 60 activities to cater to every aspect of life: Live, Work, Learn, Relax and Shopping. The amenities include sunrise and sunset pools-two swimming pools offering panoramic 360-degree views, a 24-hour co-working space, an oxygen room, a moonlight lounge and a shopping street featuring up to 11 shops. Moreover, dedicated facilities for pets, including a pet wash station, pet play yard and pet playhouse are provided, along with an EV charging station and shuttle service offering transportation to nearby universities and BTS station. These amenities notably enhance residents' convenience and comfort, with unit prices starting from just 2.49 Million Baht.*