BANGKOK, THAILAND -
Media OutReach Newswire - 30 December 2024 - In the bustling heart of Bangkok's prestigious Convent-Sathorn area,
Proud Real Estate Plc. introduces
Romm Convent,
a beacon of luxury wellness living designed for the discerning
urbanite. Amidst a thriving residential market buoyed by
global-above-average yields, Romm Convent emerges as a rare gem,
offering an exclusive investment opportunity in one of the city's most
desirable locations.
Ms. Proudputh Liptapanlop, Executive Director of the SET-listed Proud
Real Estate Plc., discusses the vision behind this pioneering project,
"Home is redefined as a space for interactions, where luxury transcends
traditional craftsmanship to embrace the vital access to urban green
space. In today's era of land scarcity, creating a breathable, healthy
environment is paramount."
A Historical Perspective on Bangkok's Growth and Urban Trajectory
Bangkok, one of the world's most densely populated cities, has undergone
significant transformations since the 1980s when rural-urban migration
spurred by industrialization led to a wave of suburbanization. Yet,
despite the outward expansion, the city's core areas, particularly
around Lumpini Park which covers Silom, Sathorn, Chidlom, Langsuan,
Rajdamri, and the initial section of Rama IV Roads, have remained
vibrant hubs of development. These districts are renowned for their
5-star hotels, upscale shopping malls, foreign embassies, and Grade A
office towers.
As Bangkok continues to expand, its super core CBD centered around
Lumpini Park remains a focal point of major development. According to
data compiled by Proud Real Estate Plc., about 30 projects, primarily
mixed-use, have been developed in this area over the past few years,
representing a multi-billion-dollar investment. This includes
significant megaprojects like the USD 3.2 billion One Bangkok and the
USD 1.37 billion Dusit Central Park. These developments not only
reinforce Bangkok's status as a world-class city but also highlight its
ongoing transformation and urban sprawl, maintaining the inner city's
pivotal role in the national and regional economic landscape.
Rise of the Super Core CBD
Recent data from
Proud Real Estate Plc.
indicates a bustling period of development in the super core CBD, with
approximately 30 projects developed in the last few years. Noteworthy
developments include the USD 3.2 billion One Bangkok, a 'city within a
city' offering a dynamic mix of retail, hotel, office, and residential
spaces, and the USD 1.37 billion Dusit Central Park which has
reintroduced the legendary Dusit Thani Hotel alongside new office and
retail spaces.
Romm Convent: A Synthesis of Luxury and Wellness
Romm Convent
distinguishes itself with a 'biological design' concept, which enhances
natural air circulation and reduces heat, ensuring a refreshing living
environment. This design is on track to receive
Fitwel certification
by Q1/2025, highlighting the project's commitment to health and
wellness. The development features The Sky Retreat, a luxurious
three-story area offering a variety of state-of-the-art amenities
designed to cater to all lifestyles.
With only 175 units and just eight units per floor, Romm Convent
prioritizes privacy and exclusivity. The residences range from 2-bedroom
plus
Balcony Suit (118 sq.m.) to a 4-bedroom
duplex penthouse (470
sq.m.), each offering spacious and versatile living environments with
panoramic views of Bangkok's skyline. These residences are optimally
priced, reflecting their exceptional value and anticipated rental yields
of 5-6%.
Wellness and Convenience at Your Doorstep
Residents of Romm Convent benefit from comprehensive on-site wellness
services provided through collaborations with leading health
institutions like BEDEE by BDMS and BNH Hospital. This holistic approach
to wellness ensures that every aspect of residents' health and
well-being is catered to, from preventive care to health promotion. With
VVIP special privileges, they are eligible to access to BNH loyal
heritage lounge supervised by A-List medical team and receive up to 20%
discount when using services at the country's first private
BNH Hospital in a short walk.
Strategic Location and Investment Potential
The Convent-Sathorn area remains a focal point for growth and
investment, driven by a tourism boom, Bangkok's position as a health and
wellness destination, and its strategic geopolitical importance. The
influx of expatriates and digital nomads has further fueled demand for
upscale residential properties in the area.
Despite the general trend towards suburbanization, Bangkok's CBD
continues to be the epicenter of economic activity and urban
development. The latest study by Thailand's Real Estate Information
Center reaffirmed the economically-centralized development of Bangkok's
CBD, showing a total of 138 mixed-use projects with a gross floor area
of 56 million sqm across greater Bangkok in the first half of 2024
alone, with about 90% located in the inner city. REIC estimates that
around 15 million sqm of mixed-use supplies will be added to the market
over the next five years.
Ms. Proudputh concludes, "No matter how much Bangkok expands, the city
center remains crucial for employment, quality of life, wealth creation,
and access to a sustainable urban ecosystem. Romm Convent embodies our
philosophy at Proud Real Estate
– ALL IS WELL – through an experience-based approach enriched by the unique character of the area."
Romm Convent is not just a residence; it's a lifestyle choice for those
seeking luxury, privacy, wellness, and a sound investment in Bangkok's
dynamic real estate market.
For more information and to schedule a private viewing, please visit
Romm Convent.
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