Subscription Condo: RentNex Model by SENA

December 24, 2024 Anucha Kasun

SENA Development introduces “RentNex,” Thailand’s first subscription-based condo model, tailored for the “Generation Rent.” This innovative solution provides affordable and flexible living options, addressing the evolving needs of younger generations who prioritize flexibility and financial ease over property ownership.

Key Highlights of RentNex Model

Why Generation Rent?
Economic and societal shifts, rising property prices, and lifestyle preferences have made renting more appealing to younger generations. Owning property has become challenging due to high land prices, rising interest rates, and career instability. Renting provides freedom and reduced financial burdens, aligning with modern needs for flexibility.
What is RentNex?
A subscription-based model inspired by platforms like Netflix and Spotify, RentNex allows tenants to rent condos across 20 prime projects in Bangkok. Tenants can switch locations within their chosen subscription package without additional deposits or contracts.

Subscription Plans

Silver Package (6,700 THB/month):
- Access to SENA Kith and SENA Eco Town projects (12 locations).
- Ideal for affordable yet quality living in convenient locations.
Gold Package (10,000 THB/month):
- Includes Flexi, SENA Kith, and SENA Eco Town (16 locations).
- Suitable for urban dwellers seeking mid-range options.
Platinum Package (12,200 THB/month):
- Covers Niche Mono, Flexi, SENA Kith, and SENA Eco Town (20 locations).
- Offers premium living with comprehensive facilities.

Unique Benefits

Flexibility: Relocate within the subscription package without new contracts or extra deposits.
Savings: Earn a 20% discount on cumulative rent over three years when transitioning to property ownership.
Build Credit: Create a credit history with GHB for future home loans.
Inclusive Pricing: Rent covers common area fees and water charges.
Better Living: Access to amenities like fitness centers, pools, parking, and fully furnished units.

Launch Date: Early 2025
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