ReadyResale

The Sukhothai Residences.

Bangkok · Thailand
Bedrooms
2–3
Bathrooms
2–3
Interior area
122–266 m²
Handover
2010
Type
Condominium
About the property

The Sukhothai Residences is in the Lumpini district of Bangkok, in the area known as Silom - Sathorn.

Total units
3
Available
3
Status
Ready
Price / m²
฿352K/m²

The Sukhothai Residences is in the Lumpini district of Bangkok, in the area known as Silom - Sathorn. This is the centre of Sathorn, a financial and diplomatic part of the city that still feels calm. Lumphini Park is about 1.0 km away, and the area has a good choice of shops and restaurants, which makes daily life easy for residents.

Getting to the building is simple by metro, by Skytrain or by car. The MRT Lumphini station is about 1.2 km away and the BTS Sala Daeng station is about 1.5 km away. The Chalerm Maha Nakhon Expressway is close by, giving fast access to other parts of Bangkok. The Commons Saladaeng is 1.2 km from the building, Silom Complex is 1.7 km away and Lumphini Park is 1.0 km away. You do not depend on one type of transport.

The project was built by HKR International and completed in 2010. It has two buildings of 41 floors each. It is a condominium aimed at people who want to live in central Bangkok. The height of the towers gives good views from the upper floors, and after about fifteen years the project is established and in normal use.

Several well-known restaurants are nearby: Le Du (Michelin Star, modern Thai), Baan (Michelin Bib Gourmand, Thai family recipes), Suhring (Michelin Star, modern German) and Ojo Bangkok (upscale Mexican with panoramic city views). For families, the international schools are Crescent International School at 1.8 km, St. Andrews International School, Sathorn at 2.2 km and Garden International School at 2.5 km. Hospitals nearby are BNH Hospital at 1.6 km and King Chulalongkorn Memorial Hospital at 2.2 km.

Three apartments are for sale now: two with 2 bedrooms and one with 3 bedrooms. They range from 122 to 266 sq m and are on floors 12 to 25. Prices run from THB 43,000,000 to THB 86,000,000. All three are fully furnished. Views are over the city, and one apartment has a panoramic view. One apartment has two bathrooms, an open fully equipped kitchen, a full set of electrical appliances, a balcony of good size and a fixed parking space. Its condition is like new.

All three apartments are freehold. For foreign buyers this matters, and the foreign freehold quota is available for one of them. One apartment is rented to a European family until 2024, so a buyer of that unit should take the existing tenant into account. Because the apartments come fully furnished, you can move in without spending extra on furniture.

Floor plans

Layouts & pricing

UnitArea fromPrice fromBedroomsAvailablePlan
2BR122 m²฿43M22—
3BR266 m²฿86M31—
Investment

Yield calculator

Monthly income฿181K
Yearly income฿2.17M
Gross yield5.0%
Net yield3.8%
Value in 5 years฿54.88M
ROI in 5 years47%

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

Location

Area & surroundings

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