CG Capital, the real estate and hospitality investment arm of Central Group, has secured reservations for more than 60 percent of units at InterContinental Residences Bangkok Asoke. The early sales momentum achieved before the sales gallery had opened highlights the resilient demand for high-quality branded residences in Bangkok’s prime districts.
Valued at USD 173.9 million (THB 5.5 billion), the project features 88 freehold units on Sukhumvit Soi 16 in the Asoke area.
Layouts include two-bedroom residences from 139 square metres, three-bedroom units from 193 square metres, and two penthouses of 453 to 554 square metres, with starting prices from around USD 1.4 million (THB 44.8 million) for a two-bedrooms residence.
“Reservations above 60% so far are a clear vote of confidence in CG Capital. Now that the sales gallery is open to the public, we’re confident the design and craftsmanship on display will help the project move quickly toward its sales target, further cementing CG Capital’s position as Thailand’s leading branded residences developer,” Mr. Phoom Chirathivat, Managing Partner and Co-Founder of CG Capital
Ownership Benefits of InterContinental Residences
As InterContinental’s first standalone branded residence worldwide, the development offers extensive hotel-style services and facilities. These range from a 25-metre swimming pool, sauna, steam rooms and plunge pools to a fitness centre, pilates studio, co-working space and private function room.
Owners receive Diamond Elite status in the IHG One Rewards programme, 24-hour concierge support, weekly housekeeping and 200 percent parking allocation with electric vehicle charging.
Branded Residences Investment Strategy
This performance reflects CG Capital’s focused strategy in Thailand’s branded residences sector, the fastest-growing segment of the luxury market. The firm, which manages a private equity fund of USD 303 million (THB 10 billion), pairs established hospitality brands with strategic locations and carefully detailed products, an approach it previously applied successfully at The Standard Residences in Phuket.
Located in the heart of Asoke, the project benefits from immediate access to BTS and MRT lines, expressways, top international hospitals, schools and major retail destinations, while retaining a quieter atmosphere on Soi 16.
With the sales gallery now open for private viewings, the strong pre-launch reservations position the development as a notable success for CG Capital ahead of its 2029 completion. For more information visit the official website
