With great real estate developments coming up left and right in Bangkok, there has never been a better time to dip your toes into the Bangkok real estate market. If you are an expat, condos offer the best investment channel since laws regarding ownership of real estate properties are more accommodating for foreigners who are buying condos. With this in mind, below are the top 3 new condo developments in Bangkok.
[email protected] is located in Sukhumvit, Bangkok. Although it rises for only 8 storeys, this project will result in 183 housing units once it reaches completion in early 2016. These apartments will be available for sale for about 13 million Bhat and above, depending on size of the condo. The apartments are between 1 and 3 bedrooms. However, parking will only cover 60% of the units.
Residents of [email protected] will enjoy a fitness center, a swimming pool, bar and lounge, Jacuzzi, a yoga room, a picnic area, a courtyard and a garden, and a karaoke room among other conveniences. However, [email protected]’s major selling point is its great access to major transportation networks. For instance, this location is 5 away from Thonglor BTS station on foot and less than 200 meters from Sukhumvit 49. Furthermore, each of the units on the building will be fully furnished during sale.
Q Asoke is one of the hottest new Bangkok condo developments. Projected to reach completion towards the end of 2015, Q Asoke will consist of 1 to 4 bedroom condos. In total, the building will have 482 housing units and reach 41 storeys high. However, the building will have only 310 parking spaces. The price of the condos will begin at about 5 million Bhat.
Residents of any of these great condos will enjoy a swimming pool, a gym, a sauna, a library, and get the apartments when they are already fully furnished. Another great benefit of Q Asoke condos will be the supreme location in Bangkok’s CBD and the convenience of having a reliable transportation system close by. The place is close to MRT’s Petchaburi station.
The CANAPAYA Residences development is located in Riverside, Bangkok. This project is estimated to reach completion in 2017. The CANAPAYA Residences consist of 57 storeys of high quality condos of between 1 and 4 bedrooms. In total, the project will have 188 housing units, which will all be available for sale.
Residents of this high-class residential building will enjoy 320 parking spaces, 24-hour security, semi-indoor swimming, massage and spa room, WiFi Internet, a clubhouse, and so forth. This great building is less than 10 minutes from the CBD. Moreover, residents will enjoy great scenic views and access to a private yacht pier. Additionally, these high-end condos will have a 3-meter high ceiling, even for the basic condos. The low density design will also offer the residents a little more privacy than is available in a typical condo building. However, apartments will cost at least 9 million Thai Bhat.
Bangkok’s property market is quite vibrant at the moment. Even after the political strife early last year affected the market a bit, developers still proceeded with numerous condo developments. At the moment, these condo developments offer great investment opportunities for those willing to invest in great real estate in Bangkok.