Ananda Development PCL, one of Thailand’s top ten real estate developers, is buzzing with excitement as it gears up for its grand debut in Taiwan. This event, a significant milestone, showcases the company’s ambitious international expansion plans. Teaming up with top-tier real estate firms like THRONE Property International Real Estate, Taiwan’s Shuoseng International Real Estate, and Bangkok Bank Taiwan, Ananda is set to dazzle at the Mandarin Oriental Hotel in Taipei on June 7, 2024. The spotlight will be on Ananda’s crown jewel, the luxury residence “COCO PARC,” nestled in Bangkok’s new golden CBD near the RAMA 4 MRT. Additionally, other premium projects from Ananda’s luxurious Ashton, Culture, and the high-end IDEO and IDEO MOBI product lines, all boasting significant value appreciation, will be showcased.
For those keen on diving deeper into Bangkok real estate, ANANDA, along with Throne Property International Real Estate, is organizing the “Sawasdee! Explore Bangkok Real Estate Expo” from June 15-29, 2024. This expo, held at the W Hotel Taipei and the Kaohsiung Marriott Hotel, promises an immersive experience into the world of Thai real estate.
Maneerat Thanutsethi, Ananda’s Managing Director, highlighted the company’s strategic international vision and the unique opportunities in the Taiwanese market, which has shown a growing preference for Thai real estate. “Entering the Taiwanese market is a pivotal move in Ananda’s 2024 expansion plan. Taiwan’s vibrant real estate landscape offers great potential, and Ananda is ready to cater to the increasing demand for high-quality residential properties from Taiwanese investors,” said Thanutsethi.
Echoing this sentiment, Lalisorn Dhanincharuthphol, Senior Vice President and Head of Business Unit International Sales and Strategic International Partnership, revealed that Ananda’s sales in Taiwan topped its international market rankings last year, reflecting Taiwanese buyers’ strong interest. “Our entry into Taiwan underscores our strategic vision and commitment to international growth. We are poised to meet Taiwan’s demand with high-quality projects that cater to diverse market needs, making it a valuable market for second homes and investment,” added Dhanincharuthphol.
Thailand’s real estate market is flourishing, attracting a surge of foreign buyers post-pandemic. In 2023 alone, foreigners purchased 14,449 units totaling 73.2 billion baht, a significant 25% increase from 2022, according to REIC. The 2024 PwC Asia Pacific Real Estate Trends Survey also underscores Bangkok’s rising stature among investors, solidifying Thailand’s position as a preferred investment destination.
Tank Chen, Founder of Throne Property International Real Estate, noted the growing demand for luxury residences in Bangkok, especially among Taiwanese buyers. “Thailand’s recent infrastructure improvements and rapid economic development have spurred a surge in real estate demand,” said Chen. He further highlighted the appeal of Thai real estate for Taiwanese investors, including legal ownership rights equivalent to those of Thai nationals, relatively affordable property prices, and exclusion of common areas from property costs. The cost of living in Thailand is also low, with Bangkok offering a comprehensive transportation network, world-class malls, educational institutions, and medical facilities, making it a highly liveable city. Properties in Thailand are fully decorated, ensuring easy move-in, and offer better rental yields than those in Taiwan. The allure of Thailand’s luxurious retirement lifestyle further drives this growing interest.
Chokechai Puapattanakajorn, SVP General Manager of Bangkok Bank Taiwan, expressed his excitement about the partnership’s potential to revolutionize Thailand’s real estate industry by introducing Thai projects to Taiwanese and international markets. “Our collaboration aims to support and strengthen real estate transactions, ensuring success and sustainable growth for our business partners,” said Puapattanakajorn. He believes this partnership will open new avenues and fortify the relationship between both countries.
Founded in 1999, Ananda Development PCL stands as a top-tier real estate developer in Thailand, boasting over 35 projects in Bangkok valued at over 100 billion baht. Specializing in high-quality residential developments, Ananda’s projects are strategically located with excellent transportation links and lifestyle amenities, ensuring an unmatched living experience. Collaborations with industry giants like Mitsui Fudosan and Ascott Limited further cement Ananda’s leadership, setting benchmarks for value retention and rental standards.
At the heart of Ananda’s luxury offerings is the flagship project “COCO PARC.” Nestled on Rama 4 Road, this architectural marvel offers a strategic location intersecting Bangkok’s major roads and serves as the city’s only MRT Blue Line interchange, connecting 14 transfer stations. The 37-story tower houses 444 units, catering to diverse preferences. Crafted by global leaders like Architects49 and DWP and managed by the renowned Dusit Thani hotel group, COCO PARC epitomizes world-class design and top-notch services, making it an exceptional investment opportunity with prices significantly lower than Taipei’s Xinyi District. Its prime location, adjacent to the Khlong Toei station, offers direct access to key CBDs like Silom-Sathorn, Asoke, and Rama 9, making it a cosmopolitan haven for investors worldwide, especially from Taiwan.
Other projects to be showcased in Taiwan include IDEO SUKHUMVIT Rama4, IDEO MOBI Eastpoint, IDEO Rama9 Town Villa, IDEO Ramkamhaeng Lamsali, IDEO Mobi Rangnam, Ashton Silom, and Ashton Asoke-Rama9. To provide a comprehensive understanding of Bangkok real estate, education, and immigration visa services, ANANDA and Throne Property International Real Estate are hosting the “Sawasdee! Explore Bangkok Real Estate Expo.” Don’t miss this opportunity on June 15 at the W Hotel Taipei and June 29 at the Kaohsiung Marriott Hotel. The expo will feature themed areas on Bangkok Real Estate, Education Consultation, Immigration Visa Services, and Thai Cuisine Interaction. Join us to uncover the charm of the Land of Smiles and delve into the allure of Bangkok living!
I can’t believe people are investing in Bangkok real estate! Taiwan’s property market is much more stable.
I disagree. Thailand’s market is booming post-pandemic, and the returns on investment there can be higher.
But isn’t the political situation in Thailand a bit unstable? That’d worry me as an investor.
Political instability can be a concern, but it’s comparable to other markets. Economic growth and infrastructure improvements are significant draws.
Stable markets are important, but sometimes higher risks yield higher rewards.
Does anyone know what the retirement visa requirements are for Thailand?
You need to be at least 50 years old and meet certain financial requirements like a monthly income or a deposit in a Thai bank.
Thanks for the info! And are the properties really fully decorated? That sounds convenient.
It’s great to see international collaborations like this. Taiwan and Thailand can both benefit from these real estate investments.
I agree! Partnerships like these can open doors for more economic opportunities.
How do we know if these projects will really benefit the local economies, though? I remain skeptical.
Fair point, Janet. It’s important to stay informed and critically evaluate such ventures.
Luxury real estate is just for the elite. What about affordable housing for the majority?
Affordable housing is crucial, but luxury projects can boost the economy and create jobs too.
Jobs are good, but aren’t people being priced out of their own neighborhoods?
That’s a valid concern. It’s a balance that needs careful management.
Luxury real estate often draws wealthy foreigners, which can push property prices up. Regulation is key.
But luxury projects drive infrastructure improvements that benefit all.
Ananda’s projects sound fantastic. I’m intrigued by the CIRCA RAMA 4 and its strategic location in Bangkok.
Yes, COCO PARC’s location is definitely a major selling point. Proximity to transport links is a huge advantage.
I wonder if the traffic in Bangkok is as bad as they say. Wouldn’t that offset some of these advantages?
From what I’ve read, Bangkok is improving its infrastructure rapidly, which should help with traffic issues.
Is the appreciation value in Bangkok’s real estate really that high? Seems too good to be true.
The market is definitely growing. But like any investment, it comes with risks.
High returns often mean high risk. Do your research before diving in.
Why would anyone choose to invest in Bangkok when there are safer options out there?
The rental yields in Thailand are fantastic. Better than most places in Asia.
I love how these projects are fully decorated, making it so much easier for investors.
The expo in Taiwan sounds interesting. Might be a great way to gather more info before making any decisions.
Legal ownership rights equivalent to Thai nationals? That’s a big deal for foreign investors!
Yes, it’s a huge incentive. No wonder Thai real estate is popular.
Exactly! It provides a lot of security and peace of mind for buyers.
I wish there was more focus on sustainable development in these luxury projects.
Sustainability is important. Developers need to incorporate more eco-friendly practices.
Is this just another case of foreign investors pricing out the locals? Thailand should be careful.
Developers should certainly consider the local impact. It needs to be balanced for both local and foreign buyers.
Seeing more Bangkok projects excite me. The city has so much potential for growth.
True, Bangkok has a lot to offer for investors and residents alike.
It’s all well and good for investors, but what about the average person looking for a home in Bangkok?
Ananda Development seems to know what it’s doing. Collaborating with top-tier firms can only be a good sign for quality and reliability.