Sansiri Public Company Limited is revelling in the seller’s market in Khon Kaen Province due to many government’s transport infrastructure projects, namely, the Chira Junction-Khon Kaen SRT double-track railway to be completed in 2019 that will support the passenger traffic and efficient rail-based cargo transport throughout the Northeast and the expansion of Khon Kaen Airport with a new passenger terminal building, apron and car park building, to elevate the airport to international level and welcome more tourists. Another project is the construction of the LRT (Light Rail Transit) system which will open to the public in 2020. All these projects combine to enhance the attraction of “THE BASE Height Mittraphap-Khonkaen” condominium with its choice location in the heart of downtown Khon Kaen near Central Plaza shopping centre. It is fully expected that the real estate market in Khon Kaen will continue to grow well in the future.
Mr. Uthai Uthaisangsuk, Senior Executive Vice President - Business Development and Project Development Division (High Rise), Sansiri Public Company Limited, elaborated further that the real estate market situation in Khon Kaen continued to grow due to the positive factors in the form of government support for the development of various transportation infrastructure in Khon Kaen Province both land-based and aviation. These included the 187-kilometre Chira Junction-Khon Kaen double-track railway which is now 22-percent complete – 0.47 percent quicker than plan with the completion scheduled for 2018-2019. It is expected that once the project is fully operational, more freight transport will switch from road to rail. The number of train passengers is projected to rise from 27,200-38,800 persons/day to 37,00-55,000 persons/day and the conveyance of freight on this route will increase from the current 10,900-11,300 tons/day to 36,400 tons/day by the year 2044.
This will help to improve passenger travel and freight transport as well as the country’s logistical advantage through rail transportation to the Northeast much more efficiently. At the same time a plan is also in place to expand Khon Kaen Airport to be completed in 2018 with a new passenger terminal, apron and car park building to elevate the airport to international status.
In addition, the new LRT line now under construction will help to alleviate traffic congestion problem and facilitate more convenient commute. Khon Kaen city will be Thailand’s first metropolis outside of Bangkok to have a proper rail-based mass transit system that will be completed and ready for service in 2020. The first line will run North-South for 22.6 kilometres connecting Baan Samran and Baan Thaphra with a total of 16 stations. The Pratumuang (Central Plaza) Station will be right next to “THE BASE Height Mittraphap-Khonkaen” condominium, thus providing the utmost transportation convenience for the residents.
“The merits on the government sector’s transportation infrastructure development in Khon Kaen are enabling the growth in demand for housing in Khon Kaen, particularly for downtown condominiums. This has greatly benefited the centrally-located ‘THE BASE Height Mittraphap-Khonkaen’ ready-to-move-in condominium which is the tallest in the city standing right beside Central Plaza Khon Kaen shopping centre. Therefore, the condominium is suitable for either own residency or investment in the rental market. Most of the current customers are students from Khon Kaen University, doctors at many hospitals in the city and business owners,” Mr. Uthai said.
“THE BASE Height Mittraphap-Khonkaen” has as its bestselling point the location that is just walking distance from Central Plaza Khon Kaen shopping centre, thus conducive for daily shopping and entertainment. Also important are the complete facilities available to residents, such as the 35th floor swimming pool, a fully-equipped fitness centre, large rooftop garden, a futsal pitch, library and multi-purpose room, , wireless WiFi in the public area, car park and 24-hour security details.
The project is also surrounded by many notable institutions including Khon Kaen University and Khon Kaen Ram Hospital. The main road, Mittraphap Highway, leads into downtown, government centre, the airport or outward to surrounding provinces. The 2,100-million-baht condominium project is 36 stories high with 983 units. It was designed under the concept “Atmospheric Living”, where every day is a leisurely life in an excellent location and an extraordinary atmosphere that reflects the lifestyle of those who have long-range vision of living in an urban surrounding.
Units consist of 1-2 bedrooms with floor areas ranging from 29.00 to 65.00 square metres. Prices start from 1.75 million baht plus a special promotion of free transfer, and full set of electrical appliances, 100,000-baht discount and 2.99-percent interest rate for three years – only from today until 30th June 2017.
