ReadyResale

Regent on the Park 1.

Bangkok · Thailand
Bedrooms
3
Bathrooms
3
Interior area
250 m²
Handover
1992
Type
Condominium
About the property

Regent on the Park 1 is a residential condominium in Bangkok, in the Phrom Phong district.

Total units
1
Available
1
Status
Ready
Price / m²
฿116K/m²

Regent on the Park 1 is a residential condominium in Bangkok, in the Phrom Phong district. It stands on Sukhumvit Soi 26, in the central part of the city where residential and commercial blocks sit close together. Phrom Phong is a well-known area for buyers who want to live in central Bangkok, and this building is aimed at people who value space and a calm setting inside the project.

The BTS Phrom Phong station is about 550 m from the building, an easy walk. The Emporium shopping centre is also about 550 m away, next to the same station. For a resident this means daily trips around the city do not depend on a car, because the elevated train line is within walking distance. The building sits in the central business area of Bangkok, so other districts are reachable without long journeys.

The condominium was completed in 1992 and has 34 floors. The project consists of one building, and the developer is Regent Srinakarin Tower. It is a large residential building with generous floor plans: apartment sizes here are well above the average for central Bangkok condominiums. The property is well maintained and keeps the character of a classic Sukhumvit residence with large rooms.

Residents have a fixed parking space, and the apartment layouts include large balconies, a storage room and a maid's room. From the upper floors there are views of the city, park, greenery and river. The common area fee is 45 THB per sq m per month, which is about 11,250 THB per month for a 250 sq m apartment. The building allows pets.

One apartment is for sale now: 3 bedrooms, 250 sq m, on the 30th floor, priced at THB 29,000,000. It is partly furnished and has a separate kitchen, 3 bathrooms, 4 balconies, a storage room and a maid's room. The views cover the city, park, greenery and river. The apartment comes with a fixed parking space and some appliances, including a refrigerator. The layout suits a family that needs a lot of space in central Bangkok near BTS Phrom Phong.

Ownership of the apartment is freehold, and the foreign quota is available to foreign buyers. This simplifies the purchase for a foreign citizen and gives ownership without a time limit. A buyer should account for the monthly common area fee, and for the fact that the building was completed in 1992, so the interior can be updated to personal taste. For families with pets it matters that the building allows animals.

Floor plans

Layouts & pricing

UnitArea fromPrice fromBedroomsAvailablePlan
3BR250 m²฿29M31—
Investment

Yield calculator

Monthly income฿122K
Yearly income฿1.46M
Gross yield5.0%
Net yield3.8%
Value in 5 years฿37.01M
ROI in 5 years47%

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

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