Bangkok’s real estate has been at a steady rise for quite some time. New projects are currently being launched in different parts of the city. There are 3 new developments that look extremely promising as residences (if you’re looking to live there) and as investments.

Bangkok’s real estate has been at a steady rise for quite some time. New projects are currently being launched in different parts of the city. There are 3 new developments that look extremely promising as residences (if you’re looking to live there) and as investments.

Ivy Ampio

Ivy Ampio is a 29 storey residential building being developed by Pruksa Real Estate on Ratchadapisek Road. It has 289 units with sizes ranging from 30 sq. m. (Leon Studio) to 114 sq. m. (Monte-Carlo Duplex). The redevelopment of Ratchadapisek will most likely increase the demands for new real estate and Ivy Ampio is expected to meet the market movement. Currently, around 70 percent of the total project value of Bt1.35 billion has been sold out. Construction of this project will start at the end of this year and is expected to be completed by 2013. Click here for their site.

Noble Ploenchit

Noble Ploenchit a new “skyscraper city” project launched by Noble Development on Ploenchit Road. This project includes one 51 storey residential building, one 45 storey residential building, one 14 storey residential building, and one 3 storey office building for a total 1,442 residential units. The units will include one bedroom with a size of 40 sq. m., two bedroom units, three bedroom units, and a penthouse with a private swimming pool. Along with its elegant design and contemporary lifestyle, the developer promises that each unit will have its own private elevator, a first time in Thailand. Since its launch in July, the developer has sold about 60 percent of the project or about Bt800 million worth. The construction will start in June 2012 and completion is expected to be by 2016. Click here for their site.

Le Raffiné “Jambu Dvipa” Sukhumvit 39

Le Raffine is a luxury condominium that promises sophisticated living. It promises “villas in the sky” with private balcony swimming pool in every unit. Sitting at the heart of Sukhumvit Road, it has the highest appraised value of up to 15-25% valuing up to Baht 200,000.00 per square meters. It only has 59 unites on 34 floors with no shared walls. Each floor has a maximum of four units with sizes ranging from 200 square meter 2-bedroom units to 380 square metre duplex units. There is also the breathtaking view of Bangkok. From the balcony, you will see the Chao Phraya River, Bang Kra Jao, and Chonburi province. Le Raffine has always been known for luxury living but Jambu Dvipa breaks new grounds. Click here for their site.

Other new projects include:

• iCondo Sukhumvit 103, Ideo Mix Sukhumvit 103, Ideo Blucove Sukhumvit by Ananda Development
• Bloc 77 by Sansiri
• The Link Advance Sukhumvit 50 and The Link Sukhumvit 64 by Tararom Estate
• @City by Siam Home Development in Sukhumvit 101
• U Delight by Grand Unity in Sukhumvit 77, and
• Abstracts Sukhumvit 66/1 by .BTS Assets.

So, if you’re in the market for a new place or a new investment, you definitely should take the time to check these properties out. Remember that foreigners are legally allowed to own condominium units and hold title in their own name as freehold properties.