ReadyResale

Large Bangkok condos.

Bangkok · Thailand
Bedrooms
4
Bathrooms
5
Interior area
426 m²
Handover
1994
Type
Condominium
About the property

The building stands in Asoke, in central Bangkok, on Sukhumvit 23.

Total units
1
Available
1
Status
Ready
Price / m²
฿87K/m²

The building stands in Asoke, in central Bangkok, on Sukhumvit 23. This is a busy business and residential area with the Terminal 21 shopping mall, international schools, hospitals, restaurants, bars and cafes close by. Srinakharinwirot University is also nearby. Even with the city around it, this part of Sukhumvit 23 has a quiet residential feel, which suits families and people who live in Bangkok full time.

BTS Asoke and MRT Sukhumvit stations are within walking distance of the building, so getting around Bangkok by train is easy. Terminal 21 and Srinakharinwirot University are also close. Exact distances are not stated here, but having two public transport lines on foot makes the location practical for work, study and daily errands, and it gives easy access to other parts of the city.

The project is called Prestige Towers. It was completed in 1994 and has two buildings of 26 floors each. It is a mature, large residential complex with apartments that are bigger than most in central Bangkok. Some apartments in the building fall under the foreign freehold quota, which means foreign buyers can own them directly in their own name.

The apartments in this building usually come with features suited to family living: separate kitchens, maid's quarters with a toilet and a separate entrance, several balconies and fixed parking places. These layouts show that the building was designed for residents who need space for storage, domestic staff and cars, which is typical for large apartments in this complex.

One apartment is for sale now: 4 bedrooms, 426 sq m, on the 20th floor, with city and panoramic views. It is partly furnished and has 5 bathrooms, 5 balconies facing east, south and north, a separate partly equipped kitchen, a maid's quarter with its own entrance and 3 fixed parking spaces. The price is THB 37,000,000.

The apartment is freehold, so a foreign buyer can register ownership in their own name. Because it is only partly furnished and has a very large floor area, the new owner can furnish it to personal taste or renovate it. The location near BTS, MRT, Terminal 21, schools and hospitals suits buyers who plan to live in the apartment themselves.

Floor plans

Layouts & pricing

UnitArea fromPrice fromBedroomsAvailablePlan
4BR426 m²฿37M41—
Investment

Yield calculator

Monthly income฿155K
Yearly income฿1.86M
Gross yield5.0%
Net yield3.8%
Value in 5 years฿47.22M
ROI in 5 years47%

Estimates only, based on average market data. Not financial advice.

Location

Area & surroundings

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