With AEC, we will see an influx of very savvy new executives coming to Thailand, wanting to live in the most desirable properties and with income to pay for the highest quality. This means a property that is well maintained, properly serviced, has a sense of community in the building and is neither overflowing with too many people nor empty with units sitting vacant.
The only way to achieve this is to have a majority of owner occupiers. Owners are automatically the best placed to comment or ensure the building is run correctly as designed, as not only is it an investment for them, but it is also their home. For buildings like Ficus Lane and Saladaeng Residences where common areas were designed into the building and facilities and quality were high from the beginning, the end result is that owners live in their property, which in turn results in a well run building, and sense of community. And of course, a rental premium can be achieved in a building where the number of available units for rental is relatively few, as is the case in both of those properties.