Hyde Sukhumvit 11 Officially Launched

With the concept ‘Life Will Never Be The Same’, Thai property developer Grand Asset launched last its latest prestigious project Hyde Sukhumvit 11.

Being located in popular Sukhumvit soi 11, the project has already been awarded with the Best Interior Design at the Asia-Pacific Property Awards 2015/2016.

Wittawat Wipakul, Vice President, Grande Asset Hotel and Property , said: “The project prices from THB5 million, or THB185,000 per sqm, and has also obtained an EIA approval. We expect Hyde Sukhumvit 11 to be well- received by both local and foreign buyers, and we enjoyed a highly successful pre-sales event where 40 percent of the total units were booked. We also believe this is the right time to launch our new project. Increased political stability has allowed condominium buyer confidence to resume and dormant demand to be unleashed.”

Hyde Sukhumvit 11 features 479 units ranging from studios of 27SQM to Duplex Penthouses of 160SQM. The condominium project is betting on a strong capital appreciation, following the success of Hyde Sukhumvit 13. Launched in 2012, the condominium was for sale at THB145,000 per SQM during pre-sales event. Today, units are selling as much as THB186,000 per SQM, meaning a terrific 22% increase in a bit more than 2 years.

For more Bangkok Property Management information about Hyde Sukhumvit 11 please do not hesitate to contact us!