#Thailand #Bangkok #Luxury Condo #Tokyo Tatemono #SC Asset Corp

New Luxury Condominium Project in Bangkok

Tokyo Tatemono (Thailand) Ltd., a subsidiary of Tokyo Tatemono Co., Ltd., is thrilled to announce its participation in a new luxury condominium development project named STILL Sukhumvit 20 in Bangkok, Thailand. Set to start VIP sales in November 2025, this venture marks the seventh collaboration with local developer SC Asset Corporation Public Company Limited.

Background of the Project

The demand for luxury housing in Thailand is witnessing significant growth, primarily driven by a booming tourism sector and the increasing number of affluent residents, both local and international. Bangkok, the capital city, is appealing due to its warm climate, rich culinary landscape, and high-quality lifestyle services, such as international schools and healthcare facilities. These factors make it an attractive destination for the global elite.

Tokyo Tatemono aims to leverage its expertise in condominium development honed in Japan, combined with SC Asset's robust experience and extensive sales network catering to high-net-worth individuals. This collaboration aims to provide exceptional residential environments while expanding business opportunities in Thailand's property market.

Strategic Location

The project will be situated in the high-density commercial area of Asoke-Prom Phong in Bangkok. It boasts outstanding accessibility along Sukhumvit Road, a major thoroughfare, with proximity to three transit stations: Asoke (BTS), Phrom Phong (BTS), and Sukhumvit (MRT). Asoke Station is the second most active station in Bangkok, serving as a crucial transportation hub.

Nestled near large green spaces like Benjakitti Park and Benchasiri Park, residents will enjoy a unique balance of urban life and natural beauty. Furthermore, the area is rich in amenities, including international schools and high-standard hospitals, making it popular among expatriates, particularly Japanese and Westerners. The project's location ensures quick access to main highways and Suvarnabhumi Airport, located just a short drive away.

Features of the Development

STILL Sukhumvit 20 will offer a total of 124 luxury units, each designed with exclusive features, including private elevators serving each floor. The available floor plans range from approximately 85 square meters to over 400 square meters, with ceiling heights reaching 3.5 meters.

Common amenities will include an impressive sky pool, fitness center, spa, and generous parking provisions with 216 spaces, exceeding the total unit count. This ensures that both local and international affluent residents have access to world-class facilities designed for their comfort.

Project Overview

• - Property Name: STILL Sukhumvit 20
• - Location: Klon Tuai District, Bangkok, Thailand
• - Transport: 5 minutes walk from Asoke and Sukhumvit stations; 8 minutes from Phrom Phong station
• - Site Area: 3,550 square meters
• - Total Floor Area: 34,179 square meters
• - Structure: Reinforced concrete, 30 stories
• - Use: Residential (124 units)
• - Start of Construction: April 2026
• - Completion: September 2028

About SC Asset Corporation

SC Asset Corporation, the project partner for this development, has collaborated with Tokyo Tatemono on several high-profile developments in Thailand, including condominiums, residential homes, and logistics warehouses. The partnership is committed to exploring new project opportunities together to drive growth in the region.

Company Overview:

• - Name: SC Asset Corporation Public Company Limited
• - Headquarters: 1010 Viphavadi Rangsit Road, Chatuchak Sub-district, Chatuchak District, Bangkok, Thailand
• - Founded: 1995
• - Business Focus: Residential development (condominiums, houses, townhouses)
• - CEO: Nuttaphong Kunakornwong

Tokyo Tatemono's International Strategy

Tokyo Tatemono positions the expansion of its international operations as a key strategic focus, with the long-term vision of becoming a next-generation developer. During the current mid-term management planning period (2025-2027), the company plans to invest JPY 110 billion in international operations, actively pursuing new opportunities across the USA, Australia, Thailand, and China.

Leveraging experience and know-how acquired both domestically and internationally, Tokyo Tatemono seeks to capitalize on further business opportunities outside Japan.