Weekly Thai Real Estate News Roundup, Week 49, 2023

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December 8, 2023
Weekly Thai Real Estate News Roundup, Week 49, 2023 Weekly Thai Real Estate News Roundup, Week 49, 2023

Buyers opting for increased living space amidst rising land prices

With the rise in land prices, certain urban families are opting for 3-storey homes in hopes of gaining increased living spaces to suit their needs.

According to Property DNA Co.,Ltd's managing director, Mr. Surachet Kongcheep, 3-storey homes are becoming more prominent in Bangkok. However, the number of 3-storey detached homes only accounted for 6% out of all detached homes.

Source

https://www.nationthailand.com/business/property/40033574

One Bangkok launching Fraser Suites in the heart of the city

One Bangkok, through a joint venture with Frasers Hospitality, announced the launch of a new landmark in the heart of Bangkok in the form of Fraser Suites.

Fraser Suites, located around the intersection of Wireless and Rama 4 road, blends history with modernity and rich cultural diversity.This new landmark aims to be a significant milestone for the company in expanding its hotel portfolio under the Frasers Hospitality brand.

Source

https://www.thansettakij.com/real-estate/582595

Ananda Development's "Ananda Sure" customer service

With a belief that "quality living" forms the cornerstone of every family's lifestyle and recognizing that "service" is the essential core in fostering a high quality of life, Ananda Development, a prominent real estate developer, is guided by these principles in shaping its services through "ANANDA SURE." The aim is to provide unparalleled residential and lifestyle experiences.

Piyawarun LaoSamrit, the Assistant CEO for Customer Value Management at Ananda Development, has expressed that Ananda has raised the bar for residential living standards.

This improvement encompasses the quality of both management and services through the implementation of "ANANDA SURE." This initiative is guided by three core principles: SURE QUALITY, SURE COMMUNITY, and SURE WORRY FREE.

Source

https://www.bangkokbiznews.com/corporate-moves/property/1102218

Sansiri awarded as the most powerful brand of 2023

Terra Consulting has awarded the "2023 Most Powerful Brand" to the well-known real estate developer, Sansiri. The recognition comes in acknowledgment of Sansiri's ability to capture the hearts of both Gen Z and the middle class.

In close pursuit of Sansiri are Land and House, honored with the Credence Award for quality and credibility, and Magnolia Quality Development Co., Ltd (MQDC), recognized with the Sustainability Development Award.

Source

https://www.bangkokbiznews.com/property/1102579

2-Bedroom units: Suitable for you? Investment and Sales Tips

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December 7, 2023
2-Bedroom units: Suitable for you? Investment and Sales Tips 2-Bedroom units: Suitable for you? Investment and Sales Tips

2-Bedroom units stand out as a sought-after condominium type in today's market. Projects typically offer a restricted number of units, targeting a specific demographic. Prospective buyers often view 2-bedroom condos as their primary residence. Prior to making a purchase decision, it is crucial to weigh factors like lifestyle preferences. PropertyScout will deliver valuable insights into the lifestyle that complements this unit type and provides effective strategies for a seamless and prompt sale of 2-bedroom condos.

Introduction

A 2-Bedroom unit at Noble State 39

2-bedroom units represent a prevalent size category in conventional condominium developments. Generally, these condos feature a moderate number of units—fewer than studio or 1-bedroom condos, yet often surpassing the quantity found in more spacious 3-bedroom or penthouse units. It's worth noting that certain upscale projects may offer an elevated number of 2-bedroom condo units.

Appearance

As the name implies, a 2-bedroom unit features two bedrooms inside. In most cases, these types of units have one master bedroom and one smaller bedroom.

The master bedroom can house a bed measuring 5 feet and above, while the smaller bedroom can house a bed measuring 3-3.5 feet and above. You also have the option to repurpose and customize one of the bedrooms for various purposes.

Spaciousness

Moreover, these units typically boast expansive living spaces, a separate kitchen, and 1-2 bathrooms, along with a balcony. They are usually positioned on higher floors or at the corners of the building, providing superior views compared to 1-bedroom or studio units. However, this elevated positioning comes with a commensurate increase in the price point.

Size

Most 2-bedroom units come in at around 50-100 square meters in size, depending on the price.

2-Bedroom units: Are they suitable for you?

A 2-Bedroom unit at ROMM Convent

A 2-bedroom condo, featuring generous living space, proves ideal for small families with one child or individuals desiring versatile room functionalities. Clearly defined proportions encompass features such as bathrooms commonly equipped with a bathtub, and kitchens well-suited for serious cooking with room for a microwave and a double-headed electric stove.

When considering future family plans, the second bedroom can be repurposed as a home gym or office, making it ideal for remote work. Moreover, 2-bedroom condos usually include designated parking, ensuring convenience. Nevertheless, larger spaces entail higher costs, encompassing both unit prices and common area fees, underscoring the importance of financial preparedness for potential buyers.

2-Bedroom unit investment tips

As mentioned, while 2-bedroom condos may target financially-prepared customers, the limited number of units in each project creates opportunities for both rentals and selling. Let's explore the characteristics of individuals interested in residing in these spacious units.

Who might be interested in 2-Bedroom units?

  • Small families with one child and an elder or relative.
  • Individuals who prefer to work from home.
  • Individuals who prefer panoramic views.
  • Individuals who prefer designated parking spaces.
  • Expats.

Tips for successful rentals and sales

While 2-bedroom condos offer investment potential for rentals or resale, it is crucial to attract tenants or buyers. This can be achieved through the following methods:

Cleanliness is key

Without a doubt, cleanliness holds paramount significance for everyone. Hence, it is recommended to keep hand sanitizer readily available for visitors and maintain regular cleaning both before and after room visits. This practice instills confidence and alleviates concerns about cleanliness for potential tenants or buyers.

Set a realistic rental or sales price

The price is frequently the primary consideration for tenants or buyers. Evaluate the price in conjunction with various factors to ensure its reasonability, avoiding losses or excessive costs. Conduct a comprehensive assessment by comparing market prices within the same condominium or in nearby neighborhoods.

Decorate

Enhancing the décor of your condominium is a means to enhance its value. Renovations that impart a fresh feel or cater to specific needs, such as accommodating remote work or offering fully furnished options, can generate interest. It's recommended to avoid excessive decoration and lean towards a minimalist style, creating opportunities for tenants or buyers to personalize the space according to their preferences later on.

List on a website

By listing for rent or sale on websites, you significantly enhance the property's visibility. It's essential to opt for reputable platforms and provide comprehensive details in your listing, including crucial information like price, floor space, and location. Above all, leverage appealing images to effortlessly capture the attention of potential tenants or buyers.

Enlist the help of real estate agents

Enlisting the expertise of a real estate agent can streamline the leasing or selling of your 2-bedroom unit. Real estate agents come equipped with experience in leasing or selling and possess valuable insights into the demographics of customers seeking this specific unit size. They can offer advice on decoration, emphasize strengths, and aid with various documentation, making the entire process more efficient for you.

Bottom Line

While 2-bedroom units may come with a higher price tag, they meet diverse buyer needs by offering not just a residence but also investment opportunities for leasing or resale. The spacious layout allows for the flexible use of an additional room, suitable for guest accommodation or various purposes.

In some cases, corner units or additional parking privileges can be secured. Consequently, they are ideal for families, accommodating parents, children, or friends. A bedroom in a corner position can provide panoramic views from both sides.

However, the expanded space often entails a higher price and necessitates more extensive maintenance. Therefore, careful consideration is advised before making an investment decision.


Looking for an upgrade? Check out our excellent selection of 2-Bedroom condo units below!

Grand Bangkok Boulevard Rama 9 Krungthep Kreetha Review: 23 rai of luxury

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December 7, 2023
Grand Bangkok Boulevard Rama 9 Krungthep Kreetha Review: 23 rai of luxury Grand Bangkok Boulevard Rama 9 Krungthep Kreetha Review: 23 rai of luxury
Grand Bangkok Boulevard Rama 9 Krungthep Kreetha Review: 23 rai of luxury
LocationAccessibilityAmenitiesProject DetailsHouse InteriorPrice (as of June 2023)Final Verdict

Hello there! The project we're about to explore this time is the most luxurious residence in the Rama 9-Krungthep Kreetha area of Bangkok. I must say, this project is not just a home; it's a veritable mansion. What's more, it's conveniently situated near various amenities, allowing us to experience luxury and comfort the moment we step into the project. So, don't hesitate. Let's take a closer look together!

Grand Bangkok Boulevard Rama 9 Krungthep Kreetha

Location

Grand Bangkok Boulevard Rama 9 Krungthep Kreetha is a residential project in the Saphan Sung district. Its strategic location provides easy access from main roads in the bustling city, offering multiple routes, from small lanes like Pracharomruamjai Alley to major thoroughfares like the Srinakarin-Romklao Alley and expressways such as Motorway No. 7.

Furthermore, the project is in close proximity to numerous amenities. Stepping outside, you'll find schools, golf courses, shops, and various dining options. The convenience of this location enhances the overall appeal of Grand Bangkok Boulevard Rama 9 Krungthep Kreetha.

Accessibility

By Car

Traveling to Grand Bangkok Boulevard Rama 9 Krungthep Kreetha by car is incredibly convenient. Multiple accessible roads lead to the project, with particular emphasis on the main road, Bangkok Boulevard. This makes reaching the location straightforward and hassle-free.

Public Transportation

  • Taxis and Motorcycles: For increased convenience, we strongly recommend requesting for motorcycle or taxi pickup services from apps such as Line Man or GRAB.

Amenities

Shopping & Market

ตลาดเดินเล่น กรุงเทพกรีฑา, Market Place (Krungthep Kreetha), Bora Korean Mart, The Park Krung Thep Kritha, MARCHE กรุงเทพกรีฑา

Restaurants and Cafes

ปลาหมึกย่างเยาวราช, Mikka Cafe & Bakery Nirvana Define, Burger I bung, ริสกีฮาล้าลฟู๊ด, จูบา ก๋วยเตี๋ยวไก่มะระ บุฟเฟต์, FE’EN cafe’, ร้านป้าแดงบี5, pilun.bkk, ร้านข้าวแกงใต้ กลับนคร, เนื้อล้วนล้วน กรุงเทพกรีฑา Izakaya&Grilled, ROCKETEER Coffeehouse, ไก่ทอด พัทลุง, ข้าวต้มบังหวัง, โสเจ๊งก๋วยเตี๋ยวไก่มะระบุฟเฟ่ต์ 79กรุงเทพกรีฑาตัดใหม่ร่มเก้า, ก๋วยเตี๋ยวไก่ไข่เยิ้มbyบังดอน, ร้านเพชรมุสลิมปลาเผาเกลือระเบิดอีสานฮาลาล, รังชากรุงเทพกรีฑาตัดใหม่, ก๋วยเตี๋ยวเรืออาซา – ASA Boat Noodle, ริสกีฮาล้าลฟู๊ด, จูบา ก๋วยเตี๋ยวไก่มะระ บุฟเฟต์, เตี๋ยวเนื้อตุ๋น เงินล้าน, Zendai Sushi & Raw Bar [สาขากรุงเทพกรีฑา], Mama Pasta Krungthep Kreetha, Red Diamond cafe สาขากรุงเทพกรีฑา

Schools

International Montessori Center, Brighton College Bangkok, โรงเรียนสุเหร่าวังใหญ่, โรงเรียนอิสลามรักสันติ, International Montessori Center, Wellington College International School Bangkok

Temples/Churches/Mosques

Nurul Islam Mosque (Wangyai)

Fitness

Unico Grande Golf Course

Pet-Friendly

Purring Pet Vet Clinic

Gas Stations

PTT Station (Srinakarin-Romklao), SUSCO (Saphan Sung)

Project Details

Grand Bangkok Boulevard Rama 9 Krungthep Kreetha is a luxurious residential project that can be likened to a lavish estate. The name 'Grand Bangkok Boulevard' itself assures that this development is bound to be exquisite and opulent, a hallmark of all projects under the prestigious SC Asset, a prominent real estate developer in Thailand.

The homes are impeccably designed, radiating luxury from the moment you enter the project. Featuring Smart Home technology, these residences offer convenience in every aspect. Additionally, there are EV Chargers for those with electric cars, and to alleviate concerns about high electricity costs, solar panels are integrated.

Security is paramount here, with anti-burglary glass that immediately signals the guardhouse in case of any breakage. Grand Bangkok Boulevard Rama 9 Krungthep Kreetha is indeed a standout choice for those seeking both luxury and safety.

While situated in a 23-1-28.1 rai plot area, there are only 35 houses in total, which also means maximum privacy. Each house starts at an astounding 102.3 square wah in size.

The following are the types of houses available to choose from:

  • Orvieto
    • 776 sqm.
    • 5 bedroom/6 bathroom
  • Cappella
    • 620 sqm.
    • 5 bedroom/6 bathroom
  • Soliana
    • 593 sqm.
    • 5 bedroom/6 bathroom

**The rooms are sold as bareshell (unfurnished).

**This project was recently finished. Rest assured, we will provide continuous updates with any new and relevant information.

Facilities

The project's facilities are grouped together in a Clubhouse, which includes the following:

  • Swimming Pool
  • Gym
  • Kids' Zone
  • Garden

Parking Capacity

Grand Bangkok Boulevard Rama 9 Krungthep Kreetha features personal parking spaces in each house, with a parking capacity of four cars per house.

Highlights

  • Newly developed housing project.
  • Spaciousness.
  • Maximum privacy.

House Interior

Orvieto

776 sqm.

Details

Bedroom5
Bathroom6
Living Room1
Lounge Room3
Dining Room1
Thai Kitchen & Pantry Area1
Maid's Room2
Elevator1
Parking Capacity5 cars

Cappella

620 sqm.

Details

Bedroom5
Bathroom6
Living Room1
Lounge Room3
Dining Room1
Thai Kitchen & Pantry Area1
Maid's Room2
Elevator1
Parking Capacity4 Cars

Soliana

593 sqm.

Details

Bedroom5
Bathroom6
Living Room1
Lounge Room3
Dining Room1
Thai Kitchen & Pantry1
Maid's Room1
Elevator1
Parking Capacity4 cars

Price (as of June 2023)

Sales Price

  • Average starting price: 75,885.33 baht/sqm.*
  • Starting price: 45M baht.*

Common Area Fees and Sinking Funds

  • Common Area Fee: n/a baht/sqm.
  • Sinking Fund: n/a baht/sqm.

**Please be aware that the mentioned prices were accurate at the time of gathering up information for this review, actual prices may vary since.

Final Verdict

Grand Bangkok Boulevard Rama 9 Krungthep Kreetha is an ultra-luxurious residential project, almost resembling a private estate, offering spacious, elegant, and enchanting living. The design emphasis on luxury begins from the entrance of the project. Inside the homes, the Bareshell design allows for customization, letting you add additional rooms according to your preferences.

Security is paramount, as the anti-burglary glass can be installed to ensure safety. In the event of breakage, an immediate alert is sent to the guardhouse. With only 35 units in the entire project, the exclusivity guarantees a serene atmosphere. If you're in search of a truly enchanting project, Grand Bangkok Boulevard Rama 9 Krungthep Kreetha is highly recommended.


If you are in search for any property within Saphan Sung District, please get in touch with us

One9Five Asoke – Rama 9 Review: The Redefinition of living in Rama 9!

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December 7, 2023
One9Five Asoke – Rama 9 Review: The Redefinition of living in Rama 9! One9Five Asoke – Rama 9 Review: The Redefinition of living in Rama 9!
One9Five Asoke – Rama 9 Review: The Redefinition of living in Rama 9!
LocationAccessibilityAmenitiesProject DetailsTypes of UnitsPrice (as of September 2023)Final Verdict

Hello and welcome to yet another project review! Today, we're excited to present One9Five Asoke – Rama 9, a luxury condominium that sets a new standard for elegant living. This sophisticated project reflects the essence of modern living in every meticulously designed detail.

Conveniently situated in the heart of Rama 9, it ensures easy access to transportation and is surrounded by a plethora of amenities. A mere glimpse is all it takes to ignite excitement—let's delve into the details together!

One9Five Asoke – Rama 9

Location

One9Five Asoke – Rama 9 represents the pinnacle of luxury condominium living along Rama 9 Road, surrounded by amenities in the thriving Rama 9 district, often referred to as Bangkok's New CBD.

Residents can enjoy seamless access to a multitude of amenities, spanning from restaurants to shopping malls, including the vibrant J Avenue lifestyle market. The area caters to employees with numerous office buildings, prominently G Tower and Unilever House.

Commuting is effortless, particularly with the nearby MRT Rama 9 Station, and private transportation is equally convenient. Rest assured, living here gives you the best of both worlds with comfort and accessibility.

Accessibility

By Car

Getting to One9Five Asoke – Rama 9 by car is exceptionally convenient, thanks to the easy access from Rama 9 Road. This ensures a straightforward journey, enabling seamless connections to various parts of Bangkok. It also serves as a gateway to effortlessly explore different areas of the city.

Public Transportation

  • MRT: Approx 450m away from the Rama 9 station.
  • Taxis and Motorcycles: You will be happy to know that not only can you request a pickup service via apps such as Line Man or GRAB, motorcycle and taxis are regularly available here as well.

Amenities

Shopping & Market

JODD FAIRS Rama 9, Central Rama 9, SFX Cinema Central Rama 9, Unicity, Fortune Town, ตลาดอยู่เจริญ, The Shoppes at Belle, ละลายทรัพย์ รัชดา ซอย 4

Restaurants & Cafes

หมึกเกยตื้น JODD FAIRS เซ็นทรัลพระราม 9, เตี๋ยวแม่กลอง, Snacks Malatang Chinesefood, FuFu Taiwanese Shabu Buffet – G Tower (Fl.2), กิ๋นลำ (Kinlum)​ -​ อาหารเหนือ, 阿团麻辣烫 อาถวนหมาล่า ATUAN MALA TANG, Banpuku Yokocho Rama 9, ร้านก๋วยเตี๋ยวเรืออยุธยา พระราม9ซอย4, PRESSED CAFE, Agave Foomuikee, Sripol Seafood, สมยง ตำซั่ว 2, Sushi Hiro, ข้าวซอยลำดวนฟ้าฮ่ามเชียงใหม่ สาขา พระราม 9, ฟุกหยวน, ก๋วยเตี๋ยวเรือบ้านแพ้ว, หม้อไฟชวนชิม 川江宴 CJY Mala Hotpot, สกาหมูกะทะ, ลาบนัวอุดร, De Moon Bangkok by Nakorn, TrueCoffee, SHELL WE MEAT KOREA SEAFOOD, อ้วน ข้าวมันไก่ รัชดาซอย 3, ร้านบ้านหัวมุม รัชดาซอย3, เท่อส่วงหม่าล่าหม้อไฟ 特爽串串香小火锅 Te Shuang, malimalee cafe & home, My Cafe 168, ADORE Cafe, Kantar BBQ, Outletó Coffee, จิ้มจุ่มสายไหมพระราม9

Schools

Central International School / KidsFirst

Temples/Churches

ไท่ฝอซื่อ

Hospitals

Phra Ram 9 Hospital, Asoke Skin Hospital

Office Buildings

Unilever House, G Tower, Chaiyo Building, Vorasombat Building, Pakin Building, AA Tower Ratchada, SKYY9 CENTRE

Fitness

Jetts 24 Hour Fitness – Unilever House, Balance Climbing, Fitness24Seven, Rama IX Futsal

Co-Working Space

BIG Co-working Space

Hotels

Somerset Rama 9 Bangkok, Grand Fortune Hotel Bangkok, Golden Tulip Sovereign Hotel Bangkok

Other

Department of Public Works and Town & Country Planning, Real Estate Information Center (REIC), Expressway Authority of Thailand

Project Details

One9Five Asoke – Rama 9 is developed by TC Development, a name that may not quite ring a bell to some. Nevertheless, the company is wholeheartedly dedicated to shaping the project, building on its experience with previous endeavors like TC Green Rama 9.

This development adopts a contemporary design concept, a departure from conventional residential styles. The construction is executed with meticulous detail, emphasizing the use of premium materials and offering comprehensive facilities for an authentic relaxation experience.

Moreover, the developer is committed to integrating green spaces within the project, meeting the demand for nature in urban lifestyles. With an expansive 8.6-rai area, it creates a forest-like atmosphere, featuring a designated space for a kitchen garden at the center, aligned with a rainwater harvesting system.

This project features two 61-storey high-rise buildings within an 11-rai plot area. There are a total of 954 residential units in building A, 957 units in building B, all of which makes a total of 1911 residential units overall. There are also two additional units dedicated to stores and an average of 18 units on each floor.

One9Five Asoke – Rama 9 offers the following types of residential units to choose from:

  • 1 Bedroom
    • 25.5-41 sqm.
  • 2 Bedroom
    • 55-65 sqm.
  • 3 Bedroom
    • 94-109.5 sqm.
  • Penthouse
    • 194-271 sqm.

Facilities

Ground Floor

  • Grande Lobby
  • Private Mezzanine Lobby
  • Concierge Service Des
  • Lift Lobby
  • Mailbox Room
  • Laundry Room
  • Express Storage room
  • Public Restroom
  • Retails Shop Space

8th Floor

  • Residential Lounge
  • Library Room
  • Game Room
  • Theatre Room
  • Golf Simulator Roo
  • Fitness Center
  • Cross Fit Zone
  • Boxing Area
  • Yoga Zone
  • Private Spa
  • Locker Room
  • Kid’s Club
  • Pool Lounge

61st Floor

  • Sky Residential Lounge
  • Private Sky lounge
  • Private Sky Meeting Room
  • Sky Bar

Parking Capacity

One9Five Asoke – Rama 91 features in-building parking from the second to sixth floor, allowing for a parking capacity of 951 cars.

**No info on double-parking.

Floor Plans

  • Master Plan

Within the Master Plan area, it constitutes the lower section of the interconnected buildings. Clearly visible is the ground floor, which is dedicated to a variety of retail spaces, offering residents exceptional convenience. Garden-type amenities, on the other hand, will be situated at the rear.

  • 2nd-3rd floor

The central area on the second and third floors will serve as parking spaces, with lots of parking spaces available. On the sides, residential units will be situated on both sides.

  • 7th-8th floor

The seventh floor lacks a central parking area, but makes up for it with more residential units on both sides. The eighth floor is nearly dedicated solely to amenities, including a large swimming pool, expansive garden areas, offices, and more.

  • 9th-29th floor

The 9th floor all the way to the 29th floor are all dedicated to residential units, with 18 units on each floor on average.

  • 30th-31st floor

Due to changes made to the top of the building, the 30th and 31st floors now feature only 14 units total.

  • 56th-58th floor

The 56th to 58th floor feature larger 2-bedroom units, with a total of 10 units.

  • 59th floor

The 59th floor, while featuring only 6 units total, makes up for it with these units being 3-bedroom units.

  • 60th Floor

And we see 6 total units available once again with the 60th floor.

  • 61st floor

And finally, the 61st floor features four penthouse units available in total.

Highlights

  • The project offers a multitude of units to choose from, ranging from 1-bedroom to penthouse units.
  • Close proximity to various amenities.
  • Over 8.6 rai of green space.

Types of Units

1-Bedroom

Unit Plan

Type A1 – 36.00 sqm.

First up in the way of residential units, we have the 36-square meter 1-bedroom unit.

Upon entering the unit, you'll find the Pantry Area equipped with an L-shaped counter, various appliances, and a two-seater dining table. Next to it is a bathroom with a thoughtful separation of wet and dry zones.

In the Living Area, there's ample space for furniture, and towards the back, sliding glass doors lead to a large bed and a Walk-in Closet, seamlessly connected to the bathroom.

Other unit plans

2-Bedroom

Unit Type

Type C – 55.00 sqm.

Up next we have the 55-square meter 2-bedroom unit.

Upon entering the bedroom, you'll discover the Pantry Area equipped with a kitchen counter and a four-seater dining table. Moving further in, you'll find the Living Area, serving as a wide reception space connected to the balcony. Turning inward, the Shared Bathroom is located on the left, and the small bedroom is situated on the opposite side.

The master bedroom is a spacious area with an ensuite bathroom, offering ample room for a large bed and a generous bathroom.

Other unit plans

3-Bedroom

Unit Plan

Type J – 94.00 sqm.

And last but not least, we have the 94-square meter 3-bedroom unit.

Upon entering the unit, you'll be greeted by the Foyer leading you directly to the reception area. In this space, there's a dining area with a six-seater dining table. Opposite the dining area is a closed kitchen. The three bedrooms are distributed throughout different sections of the unit. The two smaller bedrooms share a common bathroom located outside.

Other unit plans

Price (as of September 2023)

Sales Price

  • Average starting price: 126,909 baht/sqm.*
  • Starting price: 3.49M baht.*

Common Area Fees and Sinking Funds

  • Common Area Fee: 600 baht/sqm.
  • Sinking Fund: 50 baht/sqm.

**Please be aware that the mentioned prices were accurate at the time of gathering up information for this review, actual prices may vary since.

Final Verdict

One9Five Asoke – Rama 9 is a condominium project with a new design that caters to urban lifestyles, reflecting attention to every detail and precision in construction. It comes with a multitude of amenities that address modern living needs, especially the expansive swimming pool and the vast 8.6-rai garden.

Furthermore, it is situated in close proximity to numerous conveniences, including prominent office buildings such as G Tower and Unilever Tower. Not only that, but it's also near shopping malls and lifestyle hubs like J Avenue Fair Market. Living here is far from mundane, and it's only 450 meters away from the MRT Rama 9 Station!


Interested in One9Five Asoke - Rama 9? Click the links below!

If you're looking for any other properties nearby MRT Rama 9 station, please get in touch with us:

Noble Around Ari Review: Only 110m away from BTS Ari Station!

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December 7, 2023
Noble Around Ari Review: Only 110m away from BTS Ari Station! Noble Around Ari Review: Only 110m away from BTS Ari Station!

Hello! Today, PropertyScout will guide you through another intriguing project in the Ari area known as Noble Around Ari. This high-rise condo project promises a comfortable living experience with iconic features. Let's delve into what the interior is like. Come along and take a look!

Noble Around Ari

Location

Noble Around Ari, located just steps away from BTS Ari on Phaholyothin Road, provides convenient access to the city. With easy navigation and connectivity to elevated expressways, it offers a seamless urban experience. The close proximity to various amenities, including the Pearl Bangkok office building, enhances its overall convenience.

Accessibility

By Car

Reaching Noble Around Ari by car is straightforward—simply drive straight along Phaholyothin Road, and you'll easily arrive at the project's entrance.

Public Transportation

  • BTS: Approx 110m away from the BTS Ari station.
  • Taxis and Motorcycles: You can use driver pickup request services from apps such as Line Man or GRAB.

Amenities

Shopping & Market

La Villa, Phaholyothin Place Plaza

Restaurants & Cafes

ร้านข้าวหมูแดง-หมูกรอบธานี, Kinlenn Eatery & Play Ari, Kid Mai Death Awareness Cafe, Semolina : Pasta & Wine, อองตองข้าวซอย สาขา อารีย์, ร้านอาหาร เหลา เหลา, เล ลาว – ร้านส้มตำรางวัลมิชลิน 5 ปีซ้อน, Senryoku curry rice, บ้านพึงชม, Barney’s Burger Joint, Fishmonger Ari, ทองสมิทธ์ อารีย์, Joha, NANA Coffee Roasters Ari, KINU Donut คินุโดนัทอารีย์, Sousaku, Hanazen, Puritan, FuFu Taiwanese Shabu Ari, Cantina Italian Kitchen (Ari), Wraptor, ภัตตาคารสวนกุหลาบ, Landhaus Bakery, Khua Kling & Pak Sod @Ari, ร้านแม่ยุ้ย, Paper Butter and the Burger, Shoko Omakase, จิ้มจุ่ม พหลโยธิน ซอย2, Kensaku, Infinite Pizza @Phyathai, Clay Bangkok, Madame Chill Cafe & Bistro, Baan Pic, เผ็ดเผ็ด หลาย, Beaker and Bitter, นิตยาไก่ย่าง สาขาซอยพหลโยธิน 8, Rintaro Ari, Shuriken by Sonie

Pubs & Bars

No Bar Wine Bar

Schools

Suan Bua School, Pinthip Kindergarten, Plengprasiddhi Sailom Kindergarten

Hospitals

Nawut Somdetya Hospital, Prasarnmit Hospital

Fitness

AriFit Bangkok/ Ari CrossFit, VCK Cool Space, Public Relations Department's tennis courts, @14 private gym

Pet-Friendly Area

Phyathai 7 Animal Hospital

Art Space

Numthong Art Space

Community Center

PEARL Bangkok

Office Buildings

AIS Tower 1 (5G), SC Tower

Tourist Attractions

Phayathai Local Museum, พิพิธภัณฑ์และหอจดหมายเหตุกรมประชาสัมพันธ์

Other

สำนักงานคณะกรรมการนโยบายรัฐวิสาหกิจ, ธนาคารเพื่อการส่งออกและนำเข้าแห่งประเทศไทย, สถานีดับเพลิงและกู้ภัยพหลโยธิน, สำนักงานกองทุนพัฒนาสื่อปลอดภัยและสร้างสรรค์, ธนาคารกสิกรไทย สาขาสำนักพหลโยธิน, กองบัญชาการกองอาสารักษาดินแดน, กองบัญชาการตำรวจตระเวนชายแดน, สถานีวิทยุกระจายเสียงแห่งประเทศไทยเพื่อการศึกษา, กรมประชาสัมพันธ์, สำนักงบประมาณ, หอประชุม สำนักงาน กสทช., Office of The National Broadcasting and Telecommunications Commission (NBTC)

Project Details

Noble Around Ari, a condominium project by the renowned developer Noble, presents a range of residences, showcasing the developer's stellar reputation in the real estate industry. With diverse price ranges and architectural styles, the project offers a myriad of living options.

Embracing the convergence of scientific living and lifestyle artistry in the midst of a multifaceted lifestyle, it encourages creative thinking and seeks fresh inspiration in the trendy district, immersed in the captivating cultural charm of Ari.

Designed with the concept of lifestyle diversity and Ari's uniqueness, this project stands out in an area where high-rise buildings are rare, creating a city oasis.

Drawing inspiration from 'THE SKIN & BONES ARCHITECTURE,' the design reflects the latest in Bangkok's landscape architecture, inspired by the groundbreaking work of Ludwig Mies van der Rohe, a pioneer in modern architecture.

The emphasis is on lightness and simplicity, with geometric shapes creating open, unobstructed spaces for residents to connect with nature.

The project features two high-rise buildings, building X (39 stories) and building Y (7 stories), all within a 3-0-23 rai plot area. Out of the 611 total units available, the following are the types of units available to choose from:

  • 1 Bedroom
    • 26.40 sqm. (S) - 34.90 sqm. (M)
  • 1 Bedroom Plus
    • 41.60 sqm. - 44.70 sqm.

Facilities

  • The Mezzanine Library

Situated on the second floor of the project, this reading room boasts a Double Volume design. It includes recreational spaces on both the upper and lower levels, each uniquely decorated to offer diverse atmospheres. For a tranquil experience, explore the second floor.

  • Dimensional Pool

Situated on the 39th floor, the swimming pool boasts an expansive design. The building's amenities include LAP POOL, TERRACE LOUNGE, ROMANCE ISLAND, and KIDS POOL, providing a panoramic 360-degree view of Phanom Rung. Adjacent to these features is the Horizontal Gym, enhancing overall convenience.

  • ARI CLOUD FOREST

The highest-level relaxation garden is enveloped in lush greenery, providing a refreshing ambiance. With a sky-high counter and tall stools along the building's perimeter, it offers a comfortable setting to appreciate the stunning cityscape. Moreover, there's a barbecue corner for socializing with family or friends.

  • AROUND GARDEN

Indulge in genuine serenity within this uniquely designed garden that seamlessly integrates architecture and nature. Unwind on seating surrounded by refreshing water, ensuring a consistently cool and comfortable atmosphere.

  • Uptown Sky Lounge

Experience a uniquely styled lounge on the 23rd floor, featuring a laid-back atmosphere and outdoor seating ideal for sunset views. Enjoy a variety of relaxation spaces, including a tea room, co-kitchen counter, and game zone.

The lounge also features the following:

  • Lounge sofa
  • Tea room
  • Co kitchen counter
  • Game zone
  • Outdoor seating

Parking Capacity

  • Only 110m away from the BTS Ari station.
  • Units are perfect for working individuals, couples, or just single individuals.

Floor Plans

Master Plan

The Master Plan area serves as a comprehensive layout of the entire project. Upon entering, you'll notice an elongated entrance, creating a more private ambiance. Once inside, a bifurcated pathway leads to each respective building.

Tower X

  • Ground Floor

Upon entering the first floor, you'll find the lobby area and elevators that ascend to the upper levels.

  • 2nd floor

As you go up to the second floor, you'll find the reading room.

  • 3rd-22nd, 24th-38th floor

Residential units start from the 3rd to the 22nd floor and from the 24th to the 38th floor. There are a total of 15 units within this range.

  • 23rd Floor

Part of the 23rd floor is intentionally left vacant to create space for a rooftop garden, reducing the available units to just 10 this time.

  • 39th Floor

At the 39th floor, you'll find a pool encircling central amenities, providing breathtaking panoramic views of the entire city. Surrounding the pool are sun loungers, while inside there are shower facilities and changing rooms.

  • 39th mezzanine Floor

Ascending a bit more, you'll reach the spot where the fitness center is situated.

  • Rooftop Floor

The rooftop area will function as a relaxation garden that extends across the entire floor. Inside, it will feature alternating resting spots amidst scattered trees.

Tower Y

  • Ground Floor

At the lower level, you'll find a front drop-off point before entering the building. Once inside, the lobby seamlessly integrates with the garden area, creating a highly cozy atmosphere.

  • 2nd-7th Floor

The 2nd to the 7th floors will exclusively house residential units, totaling 13 units.

  • Rooftop Floor

The rooftop area will serve as a petite relaxation garden, not as expansive as the main building. Nevertheless, it will prioritize a space for leisurely walks and relaxation amidst trees and water features.

Types of Units

1 Bedroom S

Unit Plan

Type S – 26.40 sqm.

First up, resembling a Studio unit, is the 26.40-square meter S-sized 1-bedroom unit.

Upon entering the unit, you'll find the Pantry Area, complete with a counter and dining table for your convenience. This section includes sliding doors that partition the bedroom and kitchen, effectively controlling odors.

The bedroom area provides ample space, allowing for the placement of a bed and even a sofa at the foot of the bed. A balcony is also available in this area. The bathroom is situated inside, featuring a wardrobe right at the entrance.

1 Bedroom M

Unit Plan

Type M – 34.80 sqm.

And we see another 1-Bedroom unit once again. Only this time, there are better zone separations and the unit as a whole is bigger. This variation of the 1-Bedroom unit comes in at 38.40 square meters.

Upon entering the unit, you'll find the Pantry Area, complete with a counter and dining table for your convenience. This section includes sliding doors that partition the bedroom and kitchen, effectively controlling odors.

The bedroom area provides ample space, allowing for the placement of a bed and even a sofa at the foot of the bed. A balcony is also available in this area. The bathroom is situated inside, featuring a wardrobe right at the entrance.

1 Bedroom Plus

Unit Plan

Type 1 Bedroom Plus – 41.60 sqm.

And last but not least we have the 41.60-square meter 1 Bedroom Plus unit.

Upon entering the unit, a small foyer welcomes you. Turning left leads to an open kitchen area equipped with various appliances. While sliding doors can be installed, adjacent to it is a compact bedroom. Although this room doesn't have its own bathroom, occupants can utilize the shared bathroom nearby, accessible from both the main bedroom and the guest area.

On the opposite side is the guest area, complete with a dining table for four and a balcony. Inside, you'll find a spacious bedroom with an attached balcony.

Other unit plans

Price (as of October 2023)

Sales Price

  • Average starting price: 206,818.18 baht/sqm.*
  • Starting price: 5.46M baht.*

Common Area Fees and Sinking Funds

  • Common Area Fee: 75 baht/sqm.
  • Sinking Fund: 450 baht/sqm.

**Please be aware that the mentioned prices were accurate at the time of gathering up information for this review, actual prices may vary since.

Final Verdict

Noble Around Ari, a condominium project close to BTS Ari, provides convenient transportation and a wide range of amenities, such as restaurants, shops, and a community mall. It is also adjacent to the prominent Pearl Building. Furthermore, the project is conveniently located next to Phaholyothin Road, ensuring easy access to both the city center and surrounding areas.

The development consists of two buildings, a High Rise and a Low Rise, offering accommodation options that include one-bedroom units and one-bedroom plus units, catering to both couples and single individuals.


Looking to live in the nice and cozy Noble Around Ari? Click the links below!

Looking for other properties right by BTS Ari station? Get in touch with us to begin your next move today!

Noble Curve Review: All the lifestyle needs by Pradit Manutham Road!

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December 7, 2023
Noble Curve Review: All the lifestyle needs by Pradit Manutham Road! Noble Curve Review: All the lifestyle needs by Pradit Manutham Road!
Noble Curve Review: All the lifestyle needs by Pradit Manutham Road!
LocationAccessibilityAmenitiesProject DetailsHouse Interior ReviewPrice (as of June 2023)Final Verdict
Noble Curve

Location

Noble Curve, a townhome project on Pradit Manutham Road, rivals the prominence of Ladprao Road. Its strategic location offers unparalleled convenience, especially in terms of transportation, allowing easy access in and out of the city. Positioned along this main thoroughfare, it benefits from proximity to the celebrated Ratchadaphisek Expressway.

The area boasts abundant amenities, including shopping malls, dining establishments, and various lifestyle hubs. Notably, the vibrant night market at Huamum Square adds to the allure. While not currently adjacent to any existing subway lines, future plans include the upcoming Grey Line extension. Experience a lifestyle of luxury and accessibility at Noble Curve.

Accessibility

By Car

Accessing Noble Curve is incredibly convenient by car, as the project is situated right on Pradit Manutham Road. Easy routes include direct access from Rama 9, along with connections via Vibhavadi Rangsit and Prasert Manukitch Road. Moreover, a dedicated expressway route is available via the Ratchadaphisek Expressway. Enjoy seamless travel and arrive effortlessly at Noble Curve, where accessibility meets comfort.

Public Transportation

  • Taxis and Motorcycles: Taxis and motorcycles are readily available here. You also have the option of using driver pickup request services from apps such as Line Man or GRAB.

Amenities

Shopping & Market

The Crystal Ekkamai-Ram Inthra, Chic Republic, Makro Food Service Praditmanutham, Crystal Design Center (CDC), Central Eastville, ตลาดหัวมุม, Index Living Mall

Restaurants & Cafes

ไข่หวานบ้านซูชิ สาขาเลียบทางด่วนเอกมัย-รามอินทรา, ตี๋โภชนา อาหารไทย-จีน-อีสาน (ซ.โยธินพัฒนา), Alano coffee, The relax club, @กู๋ Foods & Drinks, INDYz Coffee, ร้านหมูตุ๋นโยธิน, สนุกนึก Live in Bangkok, Alahcus, SNOG XX, Palette Table, Mellow Pub and Restaurant, ครัวคุณอิ้น เลียบด่วนรามอินทรา, B-Story Garden Cafe & Restaurants, Plantation Cafe x Roastery, กาแฟขี้ชะมด BlueGold Coffee., Shakariki เลียบด่วนรามอินทรา, หนึ่งหม่าล่า 蜀味串串, สุกี้ตี๋น้อย เลียบทางด่วน, ร้านอาหารเกาหลี อีวาวอน, Buruma Cafe-bistro, ร้านมันส์กุ้ง​ เบียร์การ์เด้น, SAB Indy Lat Prao, Davin Cafe, BLUEMOON “Live Music Bar & Restaurant”, Sompong Restaurant – สวนอาหารสมพงศ์, Thamma.d Coffee – ทำมาดี คอฟฟี่, 71 หมูกะทะ

Bars & Pubs

IDC CLUB Bangkok, Karaoke City, Per Pub & Restaurant, Club 36 โยธินพัฒนา, Monte Carlo, 76 GARAGE, ร้านนิมมาน by The Retro เกษตร-นวมินทร์, Saeng Jan Pub – Khlong Lam Chiak

Schools

Thinkberry International Pre-School, Satri Witthaya 2 School

Hospitals

W Plastic Surgery Hospital

Pet-Friendly

TH Animal Hospital, Rattanathibet Animal Hospital

Fitness

KB Yothin Pattana Badminton Court, Crystal Tennis Center, Phothalai Driving Range, Goal Clubz

Photo Studio

Benedict studio

Community Center

The Golf Town Bangkok

Spa Center

Phothalai Bangkok

Gas Station

Bang Chak (self-serve) Yothin Pattana, Esso Pradit Manutham

Hotel

Oun Hotel Bangkok, panavara resort

Project Details

Noble Curve, a townhome project by esteemed developer Noble Development, known for their exquisite condos, presents a wealth of beautifully designed townhomes and single houses. Each residence combines elegance with modern luxury, showcasing sophisticated design elements.

Embodying the concept of a new living experience, Noble Curve is strategically located along a major road for seamless accessibility. The design philosophy revolves around the idea of 'Flow,' emphasizing the freedom to balance living and working in a space tailored to your desires.

The concept of 'Flow' encapsulates the essence of urban life, seamlessly blending with nature through its curved façade, connecting spaces with customizable functions. Experience the joy of living in harmony with the city's vibrant rhythm at Noble Curve.

The project features 187 townhome units situated on a sprawling area exceeding 23 rai (23-0-91.8 rai). Each unit boasts a height of approximately 3 floors, and the architecture is meticulously crafted in a geometrically inspired Urban Home style, embodying a fresh design concept. Within the project, there are four distinct unit types, offering a variety of living options.

  • OCTA (Type A)
    • 26 units
    • Width: 8m
    • Maximum Space: 454.5 sqm.
  • HELIX (Type B)
    • 67 units
    • Width: 6.5m
    • Maximum Space: 370.5 sqm.
  • SPHERE (Type C)
    • 36 units
    • Width: 6.5m
    • Maximum Space: 239.0 sqm.
  • ARC (Type D)
    • 58 units
    • Width: 5.5m
    • Maximum Space: 175.5 sqm.

Facilities

The Arch Clubhouse

Let's start with the Clubhouse, where both exterior and interior designs exude sophistication, seamlessly blending with geometric elements. Nestled amidst nature, the clubhouse boasts a harmonious, rounded architecture. Spanning three floors, it offers a myriad of amenities, catering to lifestyles of all ages.

1st Floor

  • Flow Pool

The natural ambiance of the swimming pool area provides a serene escape for relaxation. Inside, you'll find a variety of pools, including the JACUZZI POOL, LAP POOL, and POOL DECK. Families with children can also enjoy the KIDS POOL. Additionally, this level features amenities such as a Stream Room and a dedicated play area for children called Kids Arcadia.

2nd Floor

  • Curve Society Club

The Curve Society Club, or Social Club, is located on the second floor, serving as a social hub for gatherings. This space is designed to evoke a warm and cozy atmosphere, featuring a communal Co-Kitchen and Co-Dining area. On the side, you can enjoy views of the swimming pool and lush greenery.

3rd Floor

  • Curve Gym

The Curve Gym, a fitness haven, will be situated on the third floor, equipped with a diverse range of cardiovascular and aerobic exercise equipment. While the fitness area won't have a high ceiling, it aims to provide a relaxed atmosphere contrasting the outside surroundings.

Additionally, this area features a Flow Chamber for added versatility.

BLISS BOULEVARD

This section is the main road passing through the center of the community. Inside, there is a bicycle path, with a natural ambiance created by trees lining the sides of the road.

Parking Capacity

Noble Curve features personal parking spaces in each house, with each house featuring a parking capacity of 2-6 cars (depending on the size of the house).

Highlights

  • Versatility & Adaptability.
  • Surrounded by Amenities.
  • Convenient Transportation.

House Interior Review

OCTA

House Plan

454.5 sqm.

There are a total of four floors in this house.

  • 1st Floor

The first floor of the house will serve as a parking space, accommodating up to six vehicles simultaneously. On the right side, there will be the maid's room.

  • 2nd Floor

Upon reaching the second floor, the first area that you'll encounter is the kitchen. Here, the kitchen is enclosed, ensuring that cooking odors are contained. Turning right, you'll find the living area with a dining table that seats 8. Another right turn leads to the guest area, complete with an ensuite bathroom featuring 2 access points.

  • 3rd Floor

The third floor includes two bedrooms – the Master Bedroom on the left and a smaller bedroom on the right. Both rooms are of similar size, but the smaller bedroom is allocated a slightly smaller space. Additionally, the smaller bedroom features a shared bathroom. In contrast, the Master Bedroom boasts a spacious dressing area and an ensuite bathroom.

  • 4th Floor

The fourth floor features the same floor layout as the third floor.

HELIX

House Plan

370.5 sqm.

  • 1st Floor

The ground floor of the house serves as a parking space, accommodating up to 4 vehicles through the lower-level driveway. Beyond this, you'll encounter a small, charming backyard garden at the rear of the house.

  • 2nd Floor

The second floor is entirely dedicated to the living space. Upon ascending the staircase, you'll encounter the dining area right away. Inside, there's a dining table with seating for 8, along with a small enclosed kitchen. On the other side, there is a spacious guest area that extends to a balcony on the second floor.

  • 3rd Floor

On the third floor, you will find both bedrooms, consisting of a smaller bedroom and the Master Bedroom. It's evident in this type of house that the master bedroom offers a generously spacious area.

  • 4th Floor

The fourth floor features the same floor layout as the previous floor.

SPHERE

House Plan

239.00 sqm.

  • 1st Floor

On the first floor, there is parking space available for up to three cars, along with a small backyard garden. On the right side, there is the entrance, accompanied by the maid's room, staircase, and an elevator.

  • 2nd Floor

The second floor functions as the Living Area, seamlessly combining the dining and living zones. Here, you'll encounter a dining table with seating for 6, along with a kitchen. On the left side, there is a guest area with a small balcony.

  • 3rd Floor

The third floor is entirely dedicated to the Master Bedroom, featuring a well-defined separation of spaces, including the bathroom, dressing area, and bedroom.

  • 4th Floor

At the fourth floor, this area is divided into two bedrooms. Each room featuring a size that is close in proximity to the other.

ARC

House Plan

175.50 sqm.

  • 1st Floor

This house is a unique single-type home with only three floors. The front of the house provides parking space for two cars. Upon entering, you will encounter a Living Area that includes a closed kitchen, dining room, guest area, and a backyard garden. This type of house does not feature a mother's room.

  • 2nd Floor

On the second floor, you will encounter the Master Bedroom. Inside, there is a complete set-up, including a bathroom, a dressing area, and a spacious bedroom that opens onto a balcony.

  • 3rd Floor

The third floor features two bedrooms, both of which are smaller bedrooms.

Price (as of June 2023)

Sales Price

  • Average starting price: 79,202.28 baht/sqm.*
  • Starting price: 13.9M baht.*

Common Area Fees and Sinking Funds

  • Common Area Fees: n/a baht/sqm.
  • Sinking Funds: n/a baht/sqm.

**Please be aware that the mentioned prices were accurate at the time of gathering up information for this review, actual prices may vary since.

Final Verdict

Noble Curve, another intriguing townhome project by Noble Development, is strategically located near major roads and the Ratchadaphisek Expressway. Surrounded by numerous conveniences such as shopping malls, community centers, popular night markets, and more, the area is rich in amenities. Additionally, future plans include the introduction of a gray line mass transit system passing through this vibrant neighborhood.

The project is conceived with the innovative concept of a new townhome living experience, situated along a major road for easy accessibility. Spanning over 23 acres, it is designed to seamlessly blend residential and work-life aspects, allowing residents the flexibility to shape their lifestyle. This concept, known as 'Flow,' encapsulates the essence of happiness in every aspect.


If you are interested in buying or renting at Noble Curve, click the link below!

If you're interested in any other property within Pradit Manutham area, please get in touch with us:

Unraveling the pros and cons of condos and apartments

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December 7, 2023
Unraveling the pros and cons of condos and apartments Unraveling the pros and cons of condos and apartments

Are you dreaming of a cozy living space that suits your lifestyle? The choice between a condo and an apartment can be a bit like picking the perfect flavor of ice cream – both are delightful, but each has its own unique charm.

In this article, we'll embark on a journey to unravel the distinctive features of a condo and an apartment, helping you navigate the exciting decision-making process.

Whether you fancy the independence of a condo or the simplicity of an apartment, we will guide you through the pros and cons, making your home-hunting adventure as easy as possible. Let's dive in and discover which option might be the perfect fit for you.

Condos

The Pros and Cons of a Condo

Pros

  • Complete ownership of whichever condo unit you buy. This gives you the sense of investment and potential appreciation.
  • You are free to customize and renovate the unit as you wish. This also means you are free to rearrange furniture within as you see fit.
  • Unit sizes, while they may vary, are more spacious than apartment rooms. Oftentimes, condo units are excellently segmented for zone separation.
  • The inclusion of shared facilities, from basics such as a gym, parking spaces, and swimming pool to more unique facilities in some cases such as onsen bathing pools or automated parking.

Cons

  • Any damage or breakage is your own responsibility. These include furniture, appliances, and plumbing.
  • You are still subject to Homeowner's Association (HOA) rules and fees. The latter of which include common area fees and sinking funds which will be collected on a regular basis.
  • Condo units may be expensive, depending on several factors such as the unit size, the project's luxury level, or the popularity of the developer.

Apartments

The Pros and Cons of an Apartment

Pros

  • Most apartments share the same general layout. While this may be seen as generic for some, this also means affordability for others.
  • Because landlords take responsibility for damage, maintenance, or repairs in your apartment, this means you will be spared of the need for handling repair and maintenance work on your own.
  • Apartments also do not require HOA fees, meaning you don't need to worry about regular common area maintenance or sinking fund payments.

Cons

  • No property ownership is allowed.
  • Apartments share the same general layout for their rooms. What this means, aside from being seen as generic to most, is that apartment rooms are not as spacious as in a condo.
  • Furthermore, you are also forbidden from making renovation or customizations to your apartment.
  • While certain apartments may include some basic shared facilities such as the gym, the parking spaces, and a swimming pool in some cases, apartments generally lack the wider array of shared facilities found in most condominums.

Read More:

Deciding between a condo and apartment: Key factors to shape your housing choice

Financial status

Condo or Apartment: Financial Status

The first factor in deciding whether or not you should opt for a condo or an apartment is your financial status.

If you have sufficient income and savings, you can explore the property market and opt for a condo altogether.

On the other hand, if you do not have enough savings or you are just starting out, a condo might not be a good idea.

While apartments share the same type layout, at least if you start out with an apartment you will have an affordable housing option for the time being.

This also means while you stay in your apartment, you can progressively save up until you're more financially stable and when that day comes, you can opt for an upgrade via a condo.

How much maintenance are you willing to take responsibility for

Condo or Apartment: How much maintenance are you willing to take responsibility for

The other factor to consider in deciding between a condo or an apartment is how much maintenance are you willing to be held responsible for.

While you may have complete ownership with a condo unit, this also means you will be completely responsible for any damage, repair, or maintenance.

These include leaky AC units, faulty electricity and plumbing, or furniture replacement. The costs of repairs, replacements, or maintenance can become expensive, depending on the severity of the damage.

If you are not financially stable enough or you're not prepared to take responsibility for repairs and maintenance on your own, opting for an apartment might be a better option for you.

Lifestyle needs and preferences

When contemplating the choice between a condominium and an apartment, it's crucial to weigh in your lifestyle needs and preferences as the next determining factor.

If you are interested in renovating, and make changes to better suit your needs or you would like access to a wider array of shared facilities, a condo would be a viable option.

On the other hand, if you're just starting out or you may need to move due to career or other reasons, an apartment may be a better alternative.

Bottom line

As we conclude our journey through the realms of condos and apartments, bear in mind that the optimal choice ultimately depends on your individual preferences and lifestyle.

Whether you're drawn to the personalized ownership of a condo or the simplicity and affordability of an apartment, both options offer distinct flavors to suit your taste. Finding your ideal living space is a blend of personal style and practical considerations.

So, take a moment to envision the place where you can unwind, create lasting memories, and call home.

Whether it's the sleek elegance of a condo or the cozy charm of an apartment, your perfect space awaits, ready to become the backdrop of your next exciting chapter. Happy home hunting.


Looking for affordable housing options for the time being? Check out our selection of apartments!

If you prefer complete ownership and greater freedom, we've also got condos available!

Chapter Charoennakhon Riverside Review: Iconsiam Within Reach!

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December 7, 2023
Chapter Charoennakhon Riverside Review: Iconsiam Within Reach! Chapter Charoennakhon Riverside Review: Iconsiam Within Reach!

Hello! Today, PropertyScout is delighted to introduce you to Chapter Charoennakhon Riverside, another waterfront project with a starting price that won't break the bank. Packed with numerous facilities within, this condominium offers a lifestyle of convenience. What's more, just a 5-minute drive takes you to the vibrant lifestyle hub of Charoen Nakhon, including the iconic Iconsiam shopping mall. Without any further ado, let's take a look together!

Chapter Charoennakhon Riverside

Location

Situated on Charoen Nakhon Road, Chapter Charoennakhon Riverside is a bustling locale filled with abundant amenities such as restaurants, shops, and much more. It's also in close proximity to government offices and the majestic Chao Phraya River.

The project is ideal for those with private vehicles, as the project is conveniently located near major roads, making transportation more accessible than public transit options such as BTS and MRT.

Accessibility

By Car

Getting to Chapter Charoennakhon Riverside is incredibly convenient by car. Easily accessible via Charoen Nakhon Road or even the Taksin Bridge, transportation to the location is hassle-free.

Public Transportation

  • BTS: Approx 1.2km away from the Wongwian Yai station.
  • Taxis and Motorcycles: Taxis and motorcycles are readily available in this area. You also have the option to use driver pickup request services for increased convenience.

Amenities

Shopping & Market

Sena Fest, Villa Market – Sena Fest, ตลาดนัดยามเย็น, CP Fresh Mart

Restaurants & Cafes

ชาม ก๋วยเตี๋ยวเส้นคลุก เจริญนคร, ร้านอาหาร ณ เรื่องเหล้าริมเจ้าพระยา, ปุ๊ สุกี้, Kawa Izakaya Charoen Nakhon, ก๋วยเตี๋ยว เจ๊จู, Taste, ตุ้ย หมูกระทะ-หมูจุ่ม (เจริญนคร 16), hint, Mala Charoen Nakhon, KING KONG, คิ้มโภชนา, จารุวรรณข้าวมันไก่, ตั้งกิจทวีโภชนา, ตี๋โภชนา ข้าวต้มราตรี潮州砂锅粥, Lung Yai Steak, ร้านอาหารเพชรเจ้าพระยา, SHUN RAMEN, สุธัญทิพย์ มังสวิรัติ, ง่วนหลีเจริญนคร, เจริญปาก ณ เจริญนคร, นาราคอฟฟี่ (Nara Coffee), นาย ต. เนื้อตุ๋น เจริญนคร, เฮียเชลล์ หมูกระทะ, TestTaste, Indian Food Wala, Théo Café & Restaurant (เตโอ คาเฟ่ แอนด์ เรสเตอรองก์), INDIAN RESTAURANT – HOMEMADE KITCHEN & CAFE, Easy Corner มุมสบาย, เฮงหอยทอดชาวเล เจริญนคร, บัวลอยไข่เค็มท่าน้ำคลองสาน​ สาขาเจริญนคร21, underpress slowbar, Summer Brown, ทีเด็ดก๋วยเตี๋ยวเรืออยุธยา

Schools

Wat Sawetachat School, Chaowdee Kindergarten

Temples/Churches/Mosques

Wat Sawetachat Worawihan, ISKCON Temple in Bangkok

Hospitals/Clinic

Saha Dental Clinic by Neodent

Fitness

BBB Futsal

Pet-friendly areas

Dr.Kanya Vet Clinic

Public Park

Chalerm Phrakiat Forest Park

Other

Bangkok Metropolitan Land Office (Thonburi Branch), The Ministry of Interior Office, Lim Clansmen Association of Thailand

Project Details

Chapter Charoennakhon Riverside, a condo project by renowned property developer Pruksa, promises a tranquil and comfortable ambiance. Known for their extensive real estate portfolio, Pruksa's signature lies in incorporating names of trees and plants into their developments, such as Plum and Tree, extending to other projects.

This development emphasizes urban living, aiming to enhance the organic aspects of city living. Residents will experience a dynamic lifestyle in this new residential hub, complete with the vast Chao Phraya River as a picturesque backdrop. Enjoy the full spectrum of convenience with a myriad of amenities at your fingertips.

The project features two high-rise buildings, one 45-storey and one 43-storey, and one more 6-storey facility building all within a 5-2-26 rai plot area. There are a total of 669 units available (667 residential units and the other two being dedicated to stores) and the following are the types of units available:

  • Studio
    • 25.10 sqm.
  • 1 Bedroom
    • Riverview
      • 32.10-34 sqm.
    • Exclusive Riverview
      • 38.95 sqm.
  • 2 Bedroom
    • Riverview
      • 68.60-78.80 sqm.
  • 3 Bedroom
    • 151.60 sqm.

Facilities

  • SWIMMING POOL & RIVER DECK

The swimming pool faces towards the Chao Phraya River, allowing for breathtaking views. You can enjoy the scenic beauty from numerous vantage points, including the waterfront seating areas.

  • POOLSIDE FITNESS CENTER

The fitness room is located adjacent to the swimming pool. Inside, it features two glass walls, allowing a panoramic view of both the pool and the garden. The interior is fully equipped with a variety of fitness amenities.

  • SKY LOUNGE

The upper floor features striking lounges facing the bend of the Chao Phraya River. Immerse yourself in breathtaking views while enjoying a relaxed and chill atmosphere right from this spot!

  • ONSEN & STEAM ROOM

Looking for a nice fancy pool dip? That's where the onsen & steam pool comes in! The interior is adorned with Japanese-style decor, offering a minimalistic yet comfortable ambiance.

Other

  • RIVER LOUNGE
  • CHAO PHRAYA TEAROOM
  • RIVERSIDE BOULEVARD
  • POOLSIDE LOUNGE
  • POOLSIDE CABANA
  • CO-KITCHEN TERRACE
  • KIDS CLUB & SAND PIT
  • ACTIVE GYM
    • ROCK CLIMBING
    • BOXING
    • YOGA & DANCING
    • STREET BASKETBALL & FUTSAL

Parking Capacity

Chapter Charoennakhon Riverside features in-building parking with a total parking capacity of 66%.

**No info on double-parking.

Highlights

  • At the attractive price of just 3.29 million baht, you have access to a plethora of shared facilities to choose from. It's a great value for the amenities offered in this project.
  • Only 5 minutes to Iconsiam.

Types of Units

Studio

Unit Plan

25.10 sqm.

First up, here we have the 25.10-square meter Studio unit.

Upon entering, you'll encounter the Pantry Area on the left, complete with all the necessary equipment, as well as a bathroom with wet and dry zones separated. Moving further inside, you'll find the Living Area, which doubles as a sleeping space.

1 Bedroom

Unit Plan

32.10-34 sqm.

Up next, we have the 1 Bedroom unit, ranging anywhere from 32.10 to 34 square meters in size.

Upon entering, you'll find the Pantry Area with a kitchen counter and refrigerator space. Moving inside, there's a dining area with seating for two and living area. The bedroom features a bed area adjacent to the balcony. The bathroom at the front has a wardrobe, and inside, there's a separated wet and dry zone.

1 Bedroom Exclusive

Unit Plan

38.95 sqm.

Essentially an equivalent to what you would call the "1 Bedroom Plus" unit, here we have the Exclusive variation of the 1 Bedroom unit.

Upon entering the room, you'll find a divided Pantry Area with two separate counters. Next to that is a dining table for two, while the furnished guest reception area offers spaciousness. The adjacent room has a partitioned door, leading to a versatile utility space.

As for the bedroom, it features a bed area adjoining the balcony, with a work table on the side. Moving further inside, you'll encounter a wardrobe and a bathroom with separated wet and dry zones.

2 Bedroom

Unit Plan

49.10-76.50 sqm.

Here we have the first of two types of 2 Bedroom units, this first type ranging from 49.10-76.50 square meters in size.

Upon entering the unit, you'll encounter a closed kitchen area with an L-shaped counter and various equipment. Next to it, there's a versatile utility space. Moving inside, you'll find the living area, complete with a dining table for four and a guest reception area furnished with furniture. Alongside, there's a workspace with sliding doors.

The small bedroom doesn't have an ensuite bathroom but has one adjacent, optimizing the room's interior space. As for the larger bedroom, it offers ample space, featuring a workspace, bed, wardrobe, and an ensuite bathroom.

2 Bedroom Riverview

Unit Plan

49.10-76.50 sqm.

And here we have the River View variant of the 2 Bedroom unit, ranging from 49.10 to 78.80 square meters in size.

This room emphasizes spaciousness, particularly in the open kitchen area featuring a Kitchen Island and a dining space that accommodates a 6-seater table. Adjacent to it is the living area.

The smaller bedroom is located on the right side, offering a dressing area and a bed, along with a shared bathroom accessible from both the bedroom and the kitchen. As for the larger bedroom, it provides a comprehensive setup, including a dressing area and a spacious ensuite bathroom.

3 Bedroom

Unit Plan

And last but not least is the 3 Bedroom unit, coming in at an astounding 151.60 square meters.

Being a fully-fitted unit, this means you can furnish and customize the unit as you would like.

Price (as of September 2023)

Sales Price

  • Average starting price: 131,075 baht/sqm.*
  • Starting price: 3.29M baht.*

Common Area Fees and Sinking Funds

  • Common Area Fees: 500 baht/sqm.
  • Sinking Funds: 65 baht/sqm.

**Please be aware that the mentioned prices were accurate at the time of gathering up information for this review, actual prices may vary since.

Final Verdict

Chapter Charoennakhon Riverside, an affordable condominium project, offers panoramic views of the graceful curve of the Chao Phraya River. The development is rich in amenities, spanning from the entrance to every corner. Most units are strategically designed to face the Chao Phraya River, ensuring breathtaking views from the lower floors to the topmost penthouses. This allows residents to indulge in stunning vistas every day.

The units come in various layouts, ranging from cozy Studios for solo living to expansive 3-bedroom configurations ideal for families. With diverse room designs catering to different lifestyles, Chapter Charoennakhon Riverside effortlessly meets the varied needs and desires of its residents.


Click the links below if you are interested in buying or renting at Chapter Charoennakhon Riverside:

Click here for other properties near BTS Wongwian Yai station:

AERIE Srinakarin-Krungthep Kreetha Review

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by
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December 4, 2023
AERIE Srinakarin-Krungthep Kreetha Review AERIE Srinakarin-Krungthep Kreetha Review

Hello and welcome back to PropertyScout. Today, we're gonna be taking a nice breath of fresh air with a housing project review after so many condo reviews. We're gonna be having a look at AERIE Srinakarin-Krungthep Kreetha project, a highly intriguing new residential development. This luxurious housing project embodies the fashionable style of New York City, and it is conveniently situated near the Srinakarin-Romklao Road. Now, let's delve into the review and discover more about this exquisite residence.

AERIE Srinakarin-Krungthep Kreetha

Location

AERIE Srinakarin-Krungthepkreetha is an exquisite residential project located along Srinakarin-Romklao Road, a major thoroughfare connecting to Ramkhamhaeng, Hua Mak, Lat Krabang, and more. Additionally, easy access to the motorway, such as the Kanjanapisek Road, adds to its convenience. The proximity to various amenities, including restaurants, shops, and numerous schools, ensures effortless access to different aspects of daily life.

Accessibility

By Car

Traveling to AERIE Srinakarin-Krungthep Kreetha is incredibly convenient by car, as you can use the Srinakarin-Romklao Road. This route not only ensures ease of transportation but also seamlessly connects you to various areas outside Bangkok. It's safe to say that the convenience factor is high, making it a hassle-free journey to and from the project.

Public Transportation

  • Taxis and Motorcycles: For increased convenience, we strongly recommend using driver pickup request services from apps such as Line Man or GRAB.

Amenities

Shopping & Market

Tap Chang Plant Market, Tops Kanchanapisek 23

Restaurants & Cafes

รสเจริญ ซีฟู๊ด – RODCHAROEN Halal SEAFOOD, แซ่บขาปัด (ตำ ยำ ย่าง), ปังปัง หมาล่าทั่ง 棒棒 麻辣烫, C’est magu – เซมากุ, ยินดีเพลส กรุงเทพกรีฑาตัดใหม่ Yindee Place, เตี๋ยวเรือพุงโต ถนนร่มเกล้า ตัดใหม่, HOKKAIDO BAKE, THOSE Cafe, ร้านลาบชนบท, Run Brothers, แม่อนงค์ ข้าวต้มโต้รุ่ง&อาหารตามสั่ง, ลูกหนึ่งแกงใต้, ครัวตาไข่ อาหารปักษ์ใต้, ลาบ 101, Bull Garden, Thammachat Isan Beach Café, ร้านสยามเบญจมาศ จิ้มจุ่มเงินล้าน8, สวนอาหารกลางนา, จิ้มจุ่มคุณศรี อาหารไทยอีสาน, ก๋วยเตี๋ยววินเทจ by บังมู, คาวบอย เนื้อตุ๋น, ครัวคุณหน่อย2, ร้านอาหารไท้ไทย, Jamaica Craft Cafe, FINCH café, ก๋วยเตี๋ยวเนื้อฮาลาลมูฮัมหมัดรสดี้

Schools

Wat Lad Buakhao School, Sarasas Romklao School (International Program), Sripruetta School

Temples/Churches/Mosques

Wat Lat Bua Khao (Ratchayotha), Liberty Church Bangkok, Masjid Darul Muhibbeen

Pet-Friendly Area

โรงพยาบาลสัตว์กรุงเทพกรีฑา 24ชั่วโมง

Fitness

สนามฟุตบอลเพชรมณี

Project Details


AERIE Srinakarin-Krungthepkreetha is the epitome of luxury living in a prime location. Developed by The Nest Property, which may ring a bell if you're familiar with The Nest condominiums. This real estate developer's expertise shines through in this upscale housing project.

The emphasis here is on creating a home that combines opulence with family-centric living. The concept revolves around warmth, encapsulated in the idea of "A Harmonious Beginning for Your Family Legacy." The exterior design draws inspiration from the iconic New York City brownstone architecture, infusing the building with a touch of western charm.

Step inside, and you'll find a meticulously designed clubhouse with a distinctive triangular roof, housing amenities such as a swimming pool, fitness center, workspaces, and relaxation areas.

The individual houses are designed akin to townhomes, offering a choice of two colors - soft beige and pure white. Sizes range from S, M, to L, and each comes with parking space for three or more vehicles, depending on the size.

This housing project is situated in a 29-1-49 rai plot area, featuring a total of 115 units and the starting size for each house is 350 square meters. The following are the three types of houses available:

  • Type A – SOHO (Size S)
    • 350 sqm.
  • Type B – MADISON (Size M)
    • 390 sqm.
  • Type C – LEXINGTON (Size L)
    • 556 sqm.

**The rooms are sold as bareshell (unfurnished).

**This project was recently finished. Rest assured, we will provide continuous updates with any new and relevant information.

Facilities

  • Clubhouse
  • Swimming Pool

The swimming pool will be conveniently located near the clubhouse. The pool itself isn't overly large, making it perfect for relaxation rather than extensive swimming. Beside the pool, there are sunbathing and lounging areas.

  • Gym

The fitness center will be located on the upper floor of the clubhouse. Inside, you'll find a fully equipped gym with a dedicated space for yoga exercises.

  • Lounge

The lounge area is on the ground floor of the clubhouse. This space features intricate patterns, vibrant colors, and various furnishings to create a luxurious ambiance.

  • Garden

The garden is behind the clubhouse. Inside is a relaxing space, perfect for unwinding and even bringing along your pets for a leisurely stroll.

Parking Capacity

AERIE Srinakarin-Krungthep Kreetha features personal parking spaces in each house, with a parking capacity of 3-5 cars per house.

Highlights

  • So many house sizes to choose from.
  • Each house is very spacious.

House Review

SOHO

350 sqm.

Details

Bedroom3
Bathroom4
Lavatory1
Living Room1
Family Room1
Multi-purpose Room1
Dining Room1
Thai Kitchen & Pantry1
Maid's Room1
Laundry Room1
Inner Courtyard1
Kids' Corner1
Elevator*
Parking Capacity3 cars

*Optional, you can add an elevator if you'd like.

House Plan

  • 1st Floor

Starting from the bottom with the first floor, the first thing you will notice is the maximum parking capacity for this house is three cars. Right beside the parking area is the house entrance.

Upon entering, you'll encounter a small foyer before reaching the expansive living area. This space seamlessly integrates a dining area to the side and a pantry area adjacent to it. It's well-suited for light meal preparation, as a Thai kitchen is provided for full meal cooking, complete with sliding doors for separation.

This floor lacks a bathroom but features a lavatory instead. The maid's room is accessible from the outside of the house.

  • 2nd Floor

On the second floor, you'll encounter the Inner Courtyard area on the outside, providing a spacious and airy ambiance to the residential building. The various rooms are divided on either side of the house.

Let's begin with the Family Room, a private lounge space for the household, offering a cozy and warm atmosphere. Although not overly spacious, it exudes comfort and even features a door leading to the outdoor garden. Adjacent to it are the small bedrooms, which, notably, do not have attached bathrooms and share a common one outside.

On the opposite side, you'll find the Master Bedroom, occupying about 40% of the building's space. Inside, it comprises the sleeping area, a generously sized dressing room, and a bathroom with separate toilet and bathing areas, as well as a bathtub.

  • 3rd Floor

Moving onto the top floor, you'll encounter the Kids' Corner, a delightful play area for children. This space offers a view of the garden below. The two bedrooms on this floor are located on opposite sides, each with its own attached bathroom. The flexibility of these rooms allows them to be transformed into children's bedrooms if desired.

Also included are the Multi-Purpose and Laundry Rooms.

MEDISON

390 sqm.

Details

Bedroom3
Bathroom5
Lavatory1
Living Room1
Family Room1
Multi-Purpose Room1
Dining Room1
Thai Kitchen & Pantry1
Maid's Room1
Laundry Room1
Inner Courtyard1
Kids Corner1
Elevator*
Parking Capacity4

*Optional, you can add an elevator if you'd like.

  • House Plan
  • 1st Floor


On the first floor, there is parking space available for approximately 4 cars. The surrounding area of the house provides a customizable and relaxing space.

Upon entering, you'll encounter the foyer and staircase. This area is designed to accommodate an elevator, and there's also a storage cabinet provided.

Moving inside, you'll find the living area complete with a dining table and pantry. Adjacent to it is a lavatory. Access to the Thai kitchen is available from the rear, similar to the entrance for the master bedroom.

  • 2nd Floor

On the second floor, there is a division between the living room and bedrooms. The designated playroom is the Family Room, similar to the private lounges in other parts of the house. The outside area features a more expansive Inner Courtyard, accessible from both the playroom and bedrooms. The front side of the bedroom has a small bathroom and a utility room.

Inside the Master Bedroom, there's a similar three-part division, including the bedroom, dressing room, and a spacious bathroom.

  • 3rd Floor

On the top floor, there are a total of three bedrooms, each equipped with an ensuite bathroom. The Kids Corner in this area serves as a dedicated play space for children, strategically positioned away from the staircase to ensure safety. Additionally, this floor features a laundry room for added convenience.

LEXINGTON

556 sqm.

Details

Bedroom4
Bathroom5
Lavatory1
Living Room1
Family Room1
Multi-Purpose Room3
Dining Room1
Thai Kitchen & Pantry1
Maid's Room1
Laundry Room1
Inner Courtyard1
Kids Corner1
Elevator*
Parking Capacity4-5 cars

*Optional, you can add an elevator if you'd like.

House Plan

  • 1st Floor

Starting with the parking area, this house can accommodate up to four cars, with an option to add a fifth by parking alongside the house.

Upon entering, you'll find the foyer and a multipurpose room. Moving through this area, you'll step into a spacious living area, complete with a dining space and pantry. Turning to the left, you'll discover the location of the lavatory, Thai kitchen, accessible both from inside and outside the house. The smaller bedroom on the lower level features an ensuite bathroom, making it especially suitable for elderly residents.

The surrounding areas of the house offer ample space, allowing for the creation of a garden or even a private swimming pool right on the property.

  • 2nd Floor

On the second floor, upon ascending, you'll encounter an Inner Courtyard, which, although not as expansive as the one in the MEDISON-style house, has additional room space.

Starting with the upper section, there is a subdivision for smaller bedrooms. The bathrooms in this area are designed as shared bathrooms. Moving along, you'll find a playroom. The Master Bedroom is located on the opposite side, featuring a significantly spacious layout. Within this room, you'll discover a large bedroom area with a dedicated living space, a more private dressing area, and a spacious ensuite bathroom.

  • 3rd Floor

The top floor is a large children's play area, complete with a laundry room and a multi-purpose room. This area offers the flexibility to be transformed into a children's room. There are a total of 2 bedrooms on this floor, both equipped with ensuite bathrooms.

Price (as of October 2023)

ales Price

  • Average starting price: 75,885.33 baht/sqm.*
  • Starting price: 45M baht.*

Common Area Fees and Sinking Funds

  • Common Area Fee: n/a baht/sqm.
  • Sinking Fund: n/a baht/sqm.

**Please be aware that the mentioned prices were accurate at the time of gathering up information for this review, actual prices may vary since.

Final Verdict

AERIE Srinakarin-Krungthep Kreetha is a luxurious housing project distinguished by its unique New York City-inspired design, creating a standout exterior that sets it apart. The surrounding areas, especially the backyard, offer ample living space. The parking area accommodates three cars and more. The bedrooms range from 3 to 5, making it suitable for family living.

In terms of location, accessibility is a breeze, with the project directly connected to Sri Nakarin-Romklao Road. This allows easy access to areas such as Lat Krabang, Bangna, Saphan Sung, and beyond, including other provinces via the expressway. Additionally, the vicinity is home to several international schools.


Looking for properties within Ladkrabang? Feel free to get in touch with us!

Weekly Thai Real Estate News Roundup, Week 48, 2023

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by
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December 1, 2023
Weekly Thai Real Estate News Roundup, Week 48, 2023 Weekly Thai Real Estate News Roundup, Week 48, 2023

Bangkok office space occupancy rate dips

Bangkok's office occupancy rate is expected to continue dropping over the next couple of years. This is due to the large supply of over 1.6M square meters in the pipeline.

According to Knight Frank Thailand's executive director of office strategy and solutions, Mr. Panya Jenkitvathanalert, Bangkok's office occupancy rate continued to decline since Q1 2018, which set a high of 93%.

Source

https://www.bangkokpost.com/property/2694273/office-occupancy-rate-dips

Thailand's plan to build one of the world's largest smart cities

The Eastern Economic Corridor Office of Thailand (EECO) will transform Chonburi into a global "smart city" by 2037 with their "Smart City and Commercial/Residential Hub" project.

The 10-year plan consists of the following three phases:

  1. 2023: Detailed design & planning.
  2. 2024: Land adjustment, road construction, public utility system construction.
  3. From 2025 onwards: Opening of land leasing to private entities for development.

The project aims to create a smart city for 100,000 residents by 2032, generating over 50,000 jobs, and supporting 150-300 start-ups.

Meanwhile, the infrastructure plan involves efficient transportation networks, public utility systems, and facilities which aim to enhance local life quality.

Source

https://www.nationthailand.com/business/property/40033257

Origin Property developing new condos for pet owners

The strong demand for pet-friendly condos in and around Bangkok opened up opportunities for Origin Property. Because of this, the developer hopes to carve a niche for itself as the go-to choice for pet owners.

According to Origin Condominium's CEO, Mr. Apisit Soonthronchukiat, the company saw a 10-15% annual growth over the last five years since their first pet-friendly condominium launches in 2019.

He also stated that by the end of the year, Origin would have 16 pet-friendly condo projects in the pipeline, worth approximately 26 billion baht.

Source

https://www.nationthailand.com/business/property/40033390

The return of foreigners to Thai property purchases: 2024 housing market surging in rejection rates

The return of foreigners to Thai property purchases is a good sign of recovery in the Thai real estate market, with a marked increase in condo purchases from Hong Kong, Myanmar, and the U.S.

As for 2024's property market, properties priced 2-4M baht are still facing high rejection rates due to other debts (particularly household debts) along with overwhelmingly strict lending policies.

Source

https://www.thansettakij.com/real-estate/581935