This is not surprising when considered it is surrounded by world-class facilities, proximity to Bangkok, and perfectly positioned in Thailand’s Eastern Economic Corridor (EEC).
Major tourism and commerce projects worth an estimated 994 billion baht are also underway. News that Alibaba Group plans to invest around 11 billion baht within the EEC, and plans for a 10 billion Baht Icon Siam complex in Na Jomtien, will in itself create a huge number of employment opportunities and will see a further increase of sophisticated visitors to the area.
Savvy residential real estate developers are capitalising on this emerging destination. Pioneering premium wellness real estate developer Sunplay Asia recently completed the first phase of its flagship project – Sunplay Bangsaray.
Set on 175 rai (28 hectares) of gently sloping hillside, Sunplay Bangsaray is a collection of luxurious apartments and private pool villas set amidst beautiful tropical gardens and panoramic sunset sea views over the Gulf of Thailand. At the heart of the estate is the superbly equipped Sunplay Club, where residents can participate in a full range of premium dining and recreation facilities, and comprehensive concierge and property management services.
“With accessibility and surrounding economic development, Bangsaray offers a haven for those wishing to embrace an active lifestyle, without sacrificing luxury, convenience or independence”, says Adrian Bowen, Managing Director of Sunplay Asia.
Uniquely bespoke, the developers at Sunplay Asia understand how expatriates want to live and recognize that buyers demand more than just a luxury building in a prime location. Wellness real estate is now a $134 billion industry with fast growing global appetite for this asset class.
Here, you can take your pick of stylish, superbly designed freehold condominiums, pool villas, and bespoke luxury residences. Most importantly, at the heart of this private secure community, residents can live their best lives with an irresistible choice of world-class activities and facilities, all waiting just outside their private sanctuary.
Mr. Bowen says, “We are becoming increasingly aware of the impact of lifestyle and environmental factors on our wellbeing. Thailand’s unique qualities have facilitated the concept of merging our living spaces with a sense of health and wellbeing. Wellness real estate has emerged as a solution to support individuals and communities to live healthier and socially enriching lives. Our vision was to create an innovative new community lifestyle concept that combines intergenerational living, social engagement, leisure and luxury, with a focus on wellness and vitality”.
In the contemporary market with shifting perceptions of what a developer is socially responsible for, Sunplay was inspired to give back through social initiatives at the Baan Sunsaray community school where local school children are invited to explore Thailand’s arts and cultural heritage. An emphasis on social and community outcomes is key hallmark of the project with Sunplay Asia providing open spaces at the Eco-dome where residents can grow their own produce fostering farm to plate dining.
Sunplay Bangsaray is a fully integrated active lifestyle community. The development represents an innovative new living concept – a concept that combines stylish living with a rich array of activities and a friendly community of likeminded individuals. Living in Sunplay Bangsaray inspires an active, meaningful, and socially engaged life.
The wellness industry represents 5.3 percent of global economic output, while the Global Wellness Institute estimates that sales price premiums for wellness lifestyle real estate developments average 10–25 percent over conventional residential developments. Wellness real estate isn’t coming. It’s here.