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The First Asset Condominium Rayong

First Asset Management (Thailand) Co., Ltd. — named as พัฒนาโดย, spelled บริษัท เฟิร์ส แอซเซ็ท แมนเนจเม้นท์ (ไทยแลนด์) จำกัด, in Baania's structured project record for this exact project (baania.com/project/...project_10056), and independently as เจ้าของโครงการ, spelled บริษัท เฟิร์ส แอชเซ็ท แมเนจเม้นท์ (ไทยแลนด์) จำกัด, in Baan-D's editorial project fact sheet (baan-d.com). Both records place the project in ตำบลเชิงเนิน, เมืองระยอง, ระยอง and classify it คอนโดมิเนียม, and Baania and Baan-D are separately owned Thai publishers, so this is two-publisher corroboration rather than one database repeated. TWO LIMITS ARE DISCLOSED. First, the Thai transliteration differs between them (แอซเซ็ท/แอชเซ็ท and แมนเนจเม้นท์/แมเนจเม้นท์) and neither publishes a registration number, so the trade name is corroborated twice while the exact registered entity string is not established here. Second, ZmyHome carries a full structured record for this project (zmyhome.com/project/V15963) but renders NO ผู้พัฒนา row at all, so the third database consulted adds nothing to the attribution — it corroborates the scale, not the developer. · 78 units. The unit count is stated identically by ZmyHome's structured ยูนิตทั้งหมด field and by Baania's structured จำนวนยูนิต field, two separately owned publishers, so it is the field this build rests on. THE FLOOR COUNT IS SINGLE-SOURCED AND THE BLURB SAYS SO: ZmyHome states จำนวนชั้น 8 ชั้น and จำนวนตึก 1 ตึก, and no second publisher prints either figure. ZmyHome's own reproduction of the Treasury Department valuation schedule dated 15 Aug 2567 lists per-floor rates for floors 2 through 7 only, which is CONSISTENT with an eight-storey building whose ground floor is common area but is the same publisher and therefore not a second reading. Published unit sizes run 20–31 sqm, one bedroom and one bathroom, per Baan-D; ZmyHome gives a common-area charge of ฿30/sqm. · Choeng Noen, Rayong

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Choeng NoenDistrict
6+Facilities
On requestRent from /mo
~2 hrsSouth-east of Bangkok

Overview

The First Asset Condominium Rayong is a single eight-storey, 78-unit building on Soi Ploenta 2, about 100 metres off Sukhumvit Road in Choeng Noen — inside Rayong city rather than on the coast or the industrial-estate roads. The published layouts are small, 20 to 31 sqm one-bedrooms, which places it squarely in the local rental and first-purchase market rather than the expat beach market. WHAT IS VERIFIED AND WHAT IS NOT, STATED PLAINLY. THE DEVELOPER IS THE FIELD THAT USUALLY BLOCKS A RAYONG BUILD, AND HERE IT CLEARS ON TWO PUBLISHERS: Baania names บริษัท เฟิร์ส แอซเซ็ท แมนเนจเม้นท์ (ไทยแลนด์) จำกัด as พัฒนาโดย and Baan-D names the same firm as เจ้าของโครงการ, differing only in Thai transliteration. ZmyHome, which carries the fullest structured record of the three, renders no ผู้พัฒนา row at all — the recurring Rayong pattern, and the reason the attribution rests on the two Thai publishers rather than on a property database. THE UNIT COUNT IS THE CORROBORATED FIGURE: 78, identical on ZmyHome and Baania. THE FLOOR COUNT IS NOT. Eight floors and one building come from ZmyHome alone; the Treasury Department valuation schedule ZmyHome reproduces lists floors 2 through 7, which is consistent with eight storeys but is the same publisher and so is not a second reading. NO COMPLETION YEAR IS SHIPPED — ZmyHome alone prints 2559 (2016), and a single-sourced year is reported, not asserted. THE COORDINATE WAS PINNED IN GOOGLE MAPS THIS RUN against a place record titled 'บริษัท เฟิร์ส แอซเซ็ท คอนโดมิเนียม', categorised กลุ่มอาคารคอนโดมิเนียม, published at Soi Ploenta 2, Tambon Choeng Noen, Mueang Rayong 21000, and carrying a street photograph of the building's own signboard reading เดอะ เฟิร์ส แอซเซ็ท คอนโด. That place sits 4 metres from ZmyHome's independent pin, which is what binds the coordinate to the project rather than the name alone. ONE ADDRESS VARIANCE IS DISCLOSED: the publishers give 14/24 Soi Ploenta 2 and the Google place gives 18 Soi Ploenta 2 — the same lane and sub-district, differing house numbers, unreconciled. NO LONG-TERM RENT IS PUBLISHED for this building in any source consulted, so the rent field is null and no figure is quoted. Confirm registration, foreign-ownership quota, unit title, fees, parking and pet policy with the juristic office or a licensed agent before committing.

BAANLYY is a data-and-tools platform, not the development's broker or manager — listings are not guaranteed unless from a verified partner. Always confirm tenure, foreign-ownership quota and current pricing on the specific unit before committing.

Development facts

TypeLow-rise condominium
Developer / operatorFirst Asset Management (Thailand) Co., Ltd. — named as พัฒนาโดย, spelled บริษัท เฟิร์ส แอซเซ็ท แมนเนจเม้นท์ (ไทยแลนด์) จำกัด, in Baania's structured project record for this exact project (baania.com/project/...project_10056), and independently as เจ้าของโครงการ, spelled บริษัท เฟิร์ส แอชเซ็ท แมเนจเม้นท์ (ไทยแลนด์) จำกัด, in Baan-D's editorial project fact sheet (baan-d.com). Both records place the project in ตำบลเชิงเนิน, เมืองระยอง, ระยอง and classify it คอนโดมิเนียม, and Baania and Baan-D are separately owned Thai publishers, so this is two-publisher corroboration rather than one database repeated. TWO LIMITS ARE DISCLOSED. First, the Thai transliteration differs between them (แอซเซ็ท/แอชเซ็ท and แมนเนจเม้นท์/แมเนจเม้นท์) and neither publishes a registration number, so the trade name is corroborated twice while the exact registered entity string is not established here. Second, ZmyHome carries a full structured record for this project (zmyhome.com/project/V15963) but renders NO ผู้พัฒนา row at all, so the third database consulted adds nothing to the attribution — it corroborates the scale, not the developer.
StatusCompleted — Baania's structured project-progress field reads 100% / โครงการเสร็จสิ้น. NO COMPLETION YEAR IS SHIPPED: ZmyHome's structured ปีที่สร้างเสร็จ field reads 2559 (2016) and is the ONLY source consulted that prints a year — neither Baania nor Baan-D publishes one — and a single-sourced year is reported here rather than asserted.
Scale78 units. The unit count is stated identically by ZmyHome's structured ยูนิตทั้งหมด field and by Baania's structured จำนวนยูนิต field, two separately owned publishers, so it is the field this build rests on. THE FLOOR COUNT IS SINGLE-SOURCED AND THE BLURB SAYS SO: ZmyHome states จำนวนชั้น 8 ชั้น and จำนวนตึก 1 ตึก, and no second publisher prints either figure. ZmyHome's own reproduction of the Treasury Department valuation schedule dated 15 Aug 2567 lists per-floor rates for floors 2 through 7 only, which is CONSISTENT with an eight-storey building whose ground floor is common area but is the same publisher and therefore not a second reading. Published unit sizes run 20–31 sqm, one bedroom and one bathroom, per Baan-D; ZmyHome gives a common-area charge of ฿30/sqm.
TenureMarketed and classified as a condominium (คอนโดมิเนียม) by all three sources consulted, and ZmyHome reproduces a Treasury Department per-floor valuation schedule for it under the heading ห้องชุดพักอาศัย/พื้นที่ระเบียง, which is language used of registered condominium units. The title type on any specific unit was NOT verified from a primary registry document this run and is not asserted — confirm it with the juristic office before committing.
Foreign ownershipIf the building is a registered condominium, the standard 49% foreign-ownership quota under the Condominium Act applies, and a 78-unit building has far less quota headroom than a large tower. The registration was not verified from a primary document this run, so treat foreign freehold as unconfirmed here and check both the registration and current quota availability with the juristic office or a licensed agent before committing to a purchase.
Pet policyBuilding policy varies by unit and juristic office — no source consulted publishes a pet policy for this project. Verify in writing before signing.
ParkingZmyHome's structured พื้นที่จอดรถ field reads 0 คัน for this project. That is a PUBLISHED ZERO from one database rather than a confirmed absence of parking, and no second source addresses parking at all, so no allocation is asserted — assume nothing and confirm whether any space is available with the juristic office before signing.
Location & accessSoi Ploenta 2, off Sukhumvit Road, Choeng Noen sub-district, Mueang Rayong — inside Rayong city on the Choeng Noen side rather than out on the beach or industrial-estate roads. ZmyHome's own nearby-places list gives two 7-Elevens within 500 m, Anuban Rayong and Wat Pa Pradu schools within 1.2 km, and Central Rayong at 2.8 km.
HealthcareRayong Hospital Ko Wai at 0.8 km and Rayong Hospital at 1.2 km are the nearest facilities on ZmyHome's own list for this project; Chularat Ruamphaet Rayong is 1.6 km.

Facilities & amenities

Soi Ploenta 2, roughly 100 m off Sukhumvit RoadOne-bedroom layouts of 20–31 sqmSingle eight-storey building (floor count single-sourced)Rayong Hospital Ko Wai 0.8 km, Rayong Hospital 1.2 km per ZmyHome's own nearby listCentral Rayong 2.8 km, Lotus's Rayong 2 kmBuilding facility list NOT published by any source consulted

Indicative pricing

No long-term rent is currently published for The First Asset Condominium Rayong. Nothing is being advertised for lease in the building on the sources we track, and BAANLYY would rather say so than publish an estimate dressed up as a figure. Rayong generally offers better value than Bangkok, Phuket and Pattaya for comparable space — request live The First Asset Condominium Rayong availability and we will confirm actual pricing with the building directly.

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Location & Choeng Noen

The First Asset Condominium Rayong sits in Choeng Noen, Soi Ploenta 2, off Sukhumvit Road, Choeng Noen sub-district, Mueang Rayong — inside Rayong city on the Choeng Noen side rather than out on the beach or industrial-estate roads. ZmyHome's own nearby-places list gives two 7-Elevens within 500 m, Anuban Rayong and Wat Pa Pradu schools within 1.2 km, and Central Rayong at 2.8 km.. The nearest international-standard healthcare is Rayong Hospital Ko Wai at 0.8 km and Rayong Hospital at 1.2 km are the nearest facilities on ZmyHome's own list for this project; Chularat Ruamphaet Rayong is 1.6 km.. Rayong has no metro or city rail, so residents get around by car, motorbike, songthaew and ride-hailing, with Motorway 7 giving a direct, tolled run to Bangkok in around two hours.

On the map

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FAQ

The First Asset Condominium Rayong — frequently asked questions

Where is The First Asset Condominium Rayong located?

The First Asset Condominium Rayong is in Choeng Noen, Rayong — Soi Ploenta 2, off Sukhumvit Road, Choeng Noen sub-district, Mueang Rayong — inside Rayong city on the Choeng Noen side rather than out on the beach or industrial-estate roads. ZmyHome's own nearby-places list gives two 7-Elevens within 500 m, Anuban Rayong and Wat Pa Pradu schools within 1.2 km, and Central Rayong at 2.8 km.. Rayong Hospital Ko Wai at 0.8 km and Rayong Hospital at 1.2 km are the nearest facilities on ZmyHome's own list for this project; Chularat Ruamphaet Rayong is 1.6 km. provides the nearest international-standard healthcare.

What kind of development is The First Asset Condominium Rayong?

The First Asset Condominium Rayong is a low-rise condominium (78 units. The unit count is stated identically by ZmyHome's structured ยูนิตทั้งหมด field and by Baania's structured จำนวนยูนิต field, two separately owned publishers, so it is the field this build rests on. THE FLOOR COUNT IS SINGLE-SOURCED AND THE BLURB SAYS SO: ZmyHome states จำนวนชั้น 8 ชั้น and จำนวนตึก 1 ตึก, and no second publisher prints either figure. ZmyHome's own reproduction of the Treasury Department valuation schedule dated 15 Aug 2567 lists per-floor rates for floors 2 through 7 only, which is CONSISTENT with an eight-storey building whose ground floor is common area but is the same publisher and therefore not a second reading. Published unit sizes run 20–31 sqm, one bedroom and one bathroom, per Baan-D; ZmyHome gives a common-area charge of ฿30/sqm.). Status: Completed — Baania's structured project-progress field reads 100% / โครงการเสร็จสิ้น. NO COMPLETION YEAR IS SHIPPED: ZmyHome's structured ปีที่สร้างเสร็จ field reads 2559 (2016) and is the ONLY source consulted that prints a year — neither Baania nor Baan-D publishes one — and a single-sourced year is reported here rather than asserted.; developer/operator: First Asset Management (Thailand) Co., Ltd. — named as พัฒนาโดย, spelled บริษัท เฟิร์ส แอซเซ็ท แมนเนจเม้นท์ (ไทยแลนด์) จำกัด, in Baania's structured project record for this exact project (baania.com/project/...project_10056), and independently as เจ้าของโครงการ, spelled บริษัท เฟิร์ส แอชเซ็ท แมเนจเม้นท์ (ไทยแลนด์) จำกัด, in Baan-D's editorial project fact sheet (baan-d.com). Both records place the project in ตำบลเชิงเนิน, เมืองระยอง, ระยอง and classify it คอนโดมิเนียม, and Baania and Baan-D are separately owned Thai publishers, so this is two-publisher corroboration rather than one database repeated. TWO LIMITS ARE DISCLOSED. First, the Thai transliteration differs between them (แอซเซ็ท/แอชเซ็ท and แมนเนจเม้นท์/แมเนจเม้นท์) and neither publishes a registration number, so the trade name is corroborated twice while the exact registered entity string is not established here. Second, ZmyHome carries a full structured record for this project (zmyhome.com/project/V15963) but renders NO ผู้พัฒนา row at all, so the third database consulted adds nothing to the attribution — it corroborates the scale, not the developer..

Can foreigners own a home at The First Asset Condominium Rayong?

If the building is a registered condominium, the standard 49% foreign-ownership quota under the Condominium Act applies, and a 78-unit building has far less quota headroom than a large tower. The registration was not verified from a primary document this run, so treat foreign freehold as unconfirmed here and check both the registration and current quota availability with the juristic office or a licensed agent before committing to a purchase.

How much does it cost to rent at The First Asset Condominium Rayong?

No long-term rent is currently published for The First Asset Condominium Rayong — no lease is being advertised in the building on the sources we track, so BAANLYY does not quote a figure rather than estimate one. Request current The First Asset Condominium Rayong availability and we will confirm live pricing directly.

Does The First Asset Condominium Rayong allow pets?

Building policy varies by unit and juristic office — no source consulted publishes a pet policy for this project. Verify in writing before signing.. Pet rules are set by the building's juristic office or management and can vary — always confirm in writing before signing.

What amenities does The First Asset Condominium Rayong have?

Facilities include Soi Ploenta 2, roughly 100 m off Sukhumvit Road, One-bedroom layouts of 20–31 sqm, Single eight-storey building (floor count single-sourced), Rayong Hospital Ko Wai 0.8 km, Rayong Hospital 1.2 km per ZmyHome's own nearby list, Central Rayong 2.8 km, Lotus's Rayong 2 km, Building facility list NOT published by any source consulted. ZmyHome's structured พื้นที่จอดรถ field reads 0 คัน for this project. That is a PUBLISHED ZERO from one database rather than a confirmed absence of parking, and no second source addresses parking at all, so no allocation is asserted — assume nothing and confirm whether any space is available with the juristic office before signing. is provided.

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Sources & References

Sources & References

Primary and official sources are cited above. Government rules, fees and procedures in Thailand change over time and vary by office; always confirm current requirements with the relevant authority before relying on them. BAANLYY never takes paid placement in editorial content.

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Kirby Scofield
By Kirby Scofield
Founder of BAANLYY · International real estate broker, investor & relocation specialist
Last updated 7 July 2026 · Last reviewed 7 July 2026