Plus Property, the full-service professional property and facility management agency, reveals that millennials are buying condos with less than 30 square metres of space and with prices between Bt130,000 and Bt300,000 per square metre. This fact is due to millennials’ emphasis on well-utilised space.

It is therefore probable that projects under concept ‘Sharing Economy’ will experience a boom in the future. The group favours properties in prime locations that offer convenient public transit but ones with accessible pricing. Ekkamai, Huai Khwang, and Phaya Thai – most of these are situated in Bangkok’s middle area, are areas currently garnering the most attention from this group of buyers.

Anukul Ratpitaksanti, managing director, Plus Property Company Limited, the full-service professional property and facility management agency, disclosed findings that members of the new generation aged between 21 and 30 years – and young, working-age individuals between 31 and 40 years old together constitute the primary group of buyers who choose to purchase condominium rooms for residency. The 31-40 years old group generates the brunt of purchases, contributing 41 per cent of total purchases. The 21-30 years old group generates 13 per cent of total purchase but the expansion of this particular group has been remarkable – 25 per cent growth of the average number of buyers over the five years period during 2013 and 2017; this expansion also has a tendency to continue. Members of this group are classified as millennials (born during 1980 and 2000) who were raised amidst technological advances. They live dynamically and choose the types of residence that offer convenience in commuting and are situated on prime locations. They also favour a room size that matches their need; a room that is easy to maintain but also provides well-utilised space. Furthermore, these buyers favor property projects by major developers who have high credibility.

Millennials favour a room size no larger than 30 square meters, and favor a price range of Bt130,000 and Bt300,000 per square meter. Generally, they give greater importance to projects that emphasize utility of the common area and optimisation of available space in a unit. They heed the concept of sharing economy and the utilisation of space shared by residents of multiple buildings. And they pay attention to a common area that answers to many facets of life, such as the co-working space or co-kitchen rooms found at some projects.

10 lucky winners to fly free to Japan

NokScoot is pleased to welcome ten lucky travellers to explore Japan’s most iconic destinations as part of its highly successful “Best Job in Thailand” campaign.

Over 200 applicants applied, with the 10 lucky winners and their guests awarded the chance to fly to Tokyo on NokScoot. They also receive complementary accommodation provided by Expedia plus an additional Bt15,000 pocket money to spend out on the town, compliments of NokScoot.

“We have been very successful with our social media campaign. It reaffirms our belief that most Thais enjoy travelling to Japan. Contestants who are passionate about travelling put their courage and passion on display when introducing themselves in unique, quirky, and fun-filled videos. This captured their personalities and wanderlust spirit,” said Buhdy Bok, head of commercial at NokScoot.

“This exclusive collaboration between Expedia and NokScoot allows the 10 lucky travelers to shop, discover, explore, and eat while sharing their Tokyo experiences and its chic, urban lifestyle with their friends, family and followers,” Buhdy added.

NokScoot operates daily flights on the Don Muang to Narita route using Boeing 777-200 wide-bodied twin-aisle jets. Configured with a total of 415 seats, the 777 offers 24 Business Class seats and 391 Economy seats. Passengers can customise their travel experience to suit personal preferences, such as a selection from variety of meals, preferred seats and additional baggage allowance as they wish.

50 JOIN AIRNOVATION SUMMER ACADEMY IN UK

Some 50 top students from 20 countries, representing 24 Airbus partner universities, will join the second Airbus Airnovation Summer Academy this month at the United Kingdom’s Cranfield University. The Academy brings together students from multidisciplinary backgrounds for an intense one-week programme based on the principles and methods of a business accelerator.

Kamolthita Ruengthong, from Thailand who is currently pursuing an MSc at the University of Manchester was selected to participate in this Airnovation Summer Academy. She received her bacholor’s degree from Chulalongkorn University.

Just as Airbus forms diverse, multidisciplinary teams to innovate and create value for customers and society overall, the Academy will see diverse student teams develop business proposals with speed and agility. This year their ideas will be a response to the 2018 challenge to produce game-changing concepts linked to the global need for food and water security, which features highly in a recent survey ranking millennials’ concerns. By addressing challenges of global impact, the Academy offers to future aerospace professionals the opportunity to learn how to keep aerospace relevant to society, transforming and reinventing the industry.