Top 3 Locations in Bangkok to invest for a lifetime stay
published : 8 May 2019 at 09:40
Considering the fact that Bangkok is a booming hub of business, it is a smart move to invest in a condominium purchase within this city. Though, there are a variety of factors to weigh in before spending your savings into real estate.
One of the factors to consider is the location of the condominium that you are looking to spend on. Whether it is for your own stay or a buy-to-let, you need to be aware of the location.
For your condominium to not lose its value over time, the right decision to make is to invest in ones that are located in Bangkok’s CBD (Central Business District). The districts can be narrowed down into 3 simple choices: Silom/Sathorn, Wireless Road/Lumpini and Early-Sukhumvit (Nana - Phrom Phong’s areas). These areas are saturated in terms of employment rate, as well as the fact that public transports are readily available with BTS/MRT lines built. Hence, to make a smart investment is within Bangkok’s CBD.
One of the best investments spots of the 3 Bangkok’s CBD is at Charoenkrung, where you’ll find yourself various condominiums! Charoenkrung is an old town that is becoming more and more popular within the realm of real estate.
According to the estimated Living Score of this area; the walking, driving, transit and eating scores are incredibly high. This guarantees convenience for people within the area. Not to mention that the employment rate is also quite high.
The returns received from selling a 1 bedroom/studio room in a condominium within Charoenkrung area is estimated to be around 8.94 million baht. Two bedrooms condo is priced at 12.82 million baht.
Though, if you are not looking to sell your condos, allowing others to rent your room will earn you tremendous profits. The estimated rate of rent per month within the Charoenkrung area is around 30,000 - 45,000 bath since these rooms are located close to the CBD (Silom/Sathorn). Investing in this area will not disappoint you with the returns on your spending.
Investing in a room within Charoenkrung area not only grants you the easy public transport channels but since it is considered an old town, there is beauty everywhere! Investors within this area are mostly foreigners who are enamoured by the culture and the timeless architecture of Charoenkrung, the perfect clash of vintage and modern.
The price of real estate within the Charoenkrung-Sathorn area has been increasing by 8% every year due to the decreasing empty spots. This is why this area is second to none when it comes down to investment.
A condominium that is worth investing your money has to be Altitude Symphony, marked as two bedroom, luxury riverview condominium. The luxurious condo is located in Charoenkrung, Chan Road 44, Bangkok’s CBD.
The high rise, 21 storeys condo is sold 30% below market value during reservation period. With only 99 units available, the condominium is decorated with top materials. The rooms are arranged in hotel standards, with many choices offered to potential investors; from 1 bedroom, 2 bedrooms, duplex, lofts and penthouses.
With the best view of the river, the high rise building comes with many facilities such as a swimming pool with 360 degrees view, Kids Club, as well as valet and automated (up to 80%) parking. At the property, you’ll be granted the lifestyle that you deserve.
Culture-filled venues surround your soon-to-be-called home, from tourist attraction Asiatique, modern cafes, as well as the newly opened ICONSIAM.
At Altitude Symphony, the modern design ties perfectly with the cultural pieces that has been left in the area where long history lies beneath. The perfect touch of modern within the heart of Bangkok has been inspired by Colonial Contemporary architecture, showcasing the stunning curves of the buildings. This reflects the luxury, classic and modern lifestyle ever so perfectly under the concept of The Orchestra of Living.
Concerning the interior design, the venue aims for open spaces. With the ceiling height up to 2.6 metre from the floor, it allows the natural light to illuminate within the room. This open space also allows for a better look at the view from the condominium.
The floor is designed with Engineering Wood, along with other detailed decorations inside the room. The beauty of the interior design of these rooms are a sight to behold. If you are looking to invest in a luxury riverview condominium, Altitude Symphony is the best fit for you. Apart from the elegant living that the property can promise, the rental yield per year increases 5-6%. Invest with the best now at Altitude Symphony.
Lobby Level Facilities – Ground Floor
Building Management Equivalent to Hotel Standard
Auto parking system (83%)
EV Charging Lot (2 Lots)
360 Swimming pool 80 meter
Jet Spa : Temp Control
Water Foundation Pool
Panorama View Fitness
Music Practice Room
Roof Top Garden & BBQ Pantry
Background Music (Lift, Lobby Swimming, Fitness)
After sale service application
Building Management Equivalent to Hotel Standard
Shutter Services to BTS and School
UNIT TYPE AND AREA
1 Bedroom 30.10 – 39.35 Sq.m.
2 Bedroom 61.90 – 73.66 Sq.m.
Duplex 3 Bedroom 98.62 Sq.m.
Loft 1 Bedroom 42.17 Sq.m.
Loft 1 Bedroom + 1 Multifunction room 51.55 – 52.28 Sq.m.
Loft 2 Bedroom 47.18 – 55.48 Sq.m.
Loft 3 Bedroom 76.27 – 125.56 Sq.m.
PENTHOUSE 2 Bedroom 116.55 Sq.m.
PENTHOUSE 2 Bedroom + 1 Multifunction room 104.24 Sq.m.
PENTHOUSE 3 Bedroom 130.61 – 147.95 Sq.m.