“ASW” prepares to transfer ownership of 4 new condos in Q2, covering both Bangkok and Phuket, with a total value of more than 6.6 billion baht.

ASW in the second quarter of 2024 prepares to transfer ownership of 4 newly completed condominium projects with a total project value of more than 6,600 million baht, led by the flagship brand “Cave” Campus Condo around the university “Cave Seed Kaset” near Kasetsart University “Cave Town” Island” near Bangkok-Rangsit University and “Cave Universe Bangsaen” near Burapha University, while Phuket is ready to receive revenue from “The Title Halloween Naiyang,” the first newly completed condominium project. Under the development of Rompho Property Public Company Limited or TITLE, a subsidiary company after ASW invested in TITLE in the third quarter of last year along with two other housing projects in response to measures to stimulate real estate in the sector. The government drives the housing market in 2024, driving the Thai economy forward.

Mr. Kromchet Wiphanpong, Chief Executive Officer of Assetwise Public Company Limited (ASW), a real estate development company that is a leader in lifestyle solutions under the concept “Happiness designed for you” or “We Build Happiness” revealed that the 2nd quarter of 2024 is considered another good quarter for the company. Because there is a newly completed condominium project. Prepare to transfer ownership of 4 projects with a total project value of 6,607 million baht, consisting of the brand “Kave” 3 projects: Kave Seed Kaset (Kave Seed Kaset) 600 units near Kasetsart University, Cave Town Island (Kave Town Island) 1,770 units near Bangkok University-Rangsit, Kave Uni.Verse Bang Saen (Kave Uni.Verse Bang Saen) 245 units only 200 meters from Burapha University and The Title Halo 1 Naiyang (The Title Halo 1 Naiyang) 329 units near Nai Yang Beach. Phuket, including 2 more housing projects: The Honor Yothinpattana project and the newly launched project ESTA Serenity Boromratchachonnani.

The Cave brand condominium is one of ASW’s main flagships that has continuously strengthened its income portfolio. The highlight is the location around the university (Campus Condo), targeting customers with Real Demand for living. Including a group of Gen Z students who live while studying. and real estate investor groups who want a good return (Yield) from renting out As for The Title Halloween Naiyang project, developed by Rompho Property Public Company Limited or TITLE, a subsidiary of ASW, it is considered a condo. The first newly completed building in Phuket location. That can recognize income after the company invested in TITLE in the third quarter of last year. The project has a value of up to 1,537 million baht.

Mr. Kromchet further said that from the Cabinet (Cabinet) resolution approving the expansion of the house ceiling. From not exceeding 3 million baht to not exceeding 7 million baht, you will be entitled to tax measures on home purchases, including reductions in transfer fees from 2% to 0.01% and mortgage fees from 1% to 0.01% until the 31st. December 2024 and the home loan project Providing a fixed interest rate of 3% for a period of 5 years, a maximum credit limit per person not exceeding 3 million baht, as well as other measures. It is believed that this will result in the housing market in 2024 being more lively because it will attract people who want to buy a home. Make a decision to buy a house within this year. and results in links to many other businesses, such as labor, construction and home decoration materials, furniture, electrical appliances Household items, etc., which will have a positive effect on the overall economic expansion.

Incidentally, ASW operates a real estate development business. It aims to develop high-rise and low-rise residential projects in potential locations under the concept of “Happiness designed for you” or “We Build Happiness.” Currently, it has developed more than 66 condominium and housing projects under the brand. Groups designed to create happiness to suit every lifestyle include KAVE brand, ATMOZ brand, MODIZ brand, ESTA brand, The A brand. Number (THE ARBOR), brand The Honor (THE HONOR) including brands under Rompho Property Public Company Limited or “TITLE” which is a subsidiary of the Company. Total project value is more than 93,800 million baht, divided into 46 projects that are completed and ready to move in, and 20 projects that are currently being sold and are under development. And at the end of 2023, there are sales waiting to be recognized as revenue (Backlog) worth. Total more than 19,575 million baht