Ananda Development set to go public, announces 4 new projects

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Chanond Ruangkritya, President and CEO of Ananda Development Pcl., has disclosed the company’s aim to successfully list on the SET Index within the first half of 2012 in order to raise capital for its development of 4 new condominium projects worth Bt10bn in 4 Bangkok’s prime locations.

The projects, which were launched in early February, are the IDEO MOBI Phyathai, IDEO MOBI Sukhumvit, IDEO MOBI Sathorn, and IDEO MOBI Rama 9, which will provide 2,475 units in total.

Chanond Ruangkritya. Chanond Ruangkritya.

The company has recognized the demand for smaller functional units and has designed its projects accordingly.  The new compact unit layouts of only 21sqm are targeted at a diverse group of customers; either residential buyers, second home buyers, or investors.

With living spaces partitioned off from a properly laid-out kitchen with a sliding door, the IDEO MOBI concept also adds in a third dimension with its Duplex Unit & Sky Home, where extensions can be added either vertically or horizontally.  Prices start from 1.9 million baht.

Each of the 4 developments will come fully equipped with sky jogging track, sky bike track, salt chlorinated swimming pool, panoramic view fitness center and games room, and will be located along mass transit systems, either an MRT or a BTS in order to make for easy commuting to nearby communities, education institutions, hospitals, shopping complexes, and leading recreational centers.

An artist’s impression shows the IDEO MOBI duplex unit. An artist’s impression shows the IDEO MOBI duplex unit.