![[Property Review] XT Phayathai By Sansiri – 2 BTS Stations From Siam](https://investbangkokproperty.com/wp-content/uploads/2018/08/9ilwryrddkm.jpg)
by kevinyeo | Aug 28, 2018 | Project Reviews & Site Visits
Following the launch of XT Ekkamai and XT Huaikhwang over the last 2 months, Sansiri will be doing a global launch for XT Phayathai this coming 1st September 2018.
If you would like to find out more about this development, the team at Invest Bangkok Property had it all covered for you.
The Location
XT Phayathai is located within a 600 meters walk to BTS Phayathai. BTS Phayathai is also the interchange with Phayathai Airport Rail Link, which allows you to connect straight to Suvarnabhumi Airport.
And from Phayathai BTS, you are only 2 stops away to Siam. The main shopping belt in Bangkok.
Project Highlights
XT Phayathai is a freehold development that is slated to be completed in the year 2023. There is an existing building sitting on the plot which will be torn down to accommodate the construction of XT Phayathai.
There are a total of 1,435 residential units in 2 towers plus 1 commercial unit on the ground floor.
The units mix consist only of 1 and 2 bedrooms. The units are sold fully furnished.
If you want to know how th actual show unit looks like, you can visit this link to see videos of our visit to XT Phayathai sales gallery.
Investment Potential
This location is predominantly made up of the local Thais staying. Staying here allows easy access to the core central region of Bangkok as well as the several good schools and universities nearby such as Chulalongkorn University.
There are several office towers in Phayathai and we are expecting more additions of major commercial complexes such as the Phayathai Complex, JRK Building, Park Origin Phayathai and Aspiration One Bangkok. In these offices, there are major corporations such as Huawei, Sansiri, and IBM.
You can expect tenants to be office workers and medical staffs nearby, including those working in the city centre (Siam, Chitlom, Silom, and Sathorn) as Phayathai is not too far a distance away. Staying in the city centre will cost them a lot more in terms of rental they have to pay.
Staying in Phayathai offers a balance between accessibility and affordability.
A typical 40sqm 1 bedroom unit in Phayathai is currently renting for about THB25,000 to THB30,000.
With an average entry price of THB6,500,000 investors are still potentially looking at a healthy yield of about 5%.
For investors with a slightly lesser budget, you can look at the units of 30sqm. That would be priced around THB5,000,000.
There are also major infrastructure improvements happening that can bring a boon to property owners in Phayathai.
Firstly, the Airport Rail Link terminates at Phayathai. But it will be further extended to the west. This extension will likely increase the accessibility for the demographics staying in west Bangkok to come to city centre via Phayathai.
Secondly, about 3 BTS stops up north, there will be the Bang Sue Grand Station which is the terminus for the future High-Speed Rail linking China to Bangkok. With the proximity to the Bang Sue Grand Station, you should expect a positive spillover effect onto properties in Phayathai.
XT Phayathai will be officially launched on 1st September 2018.
However, pre-sales are already on-going. Buyers who select a unit before the launch get to enjoy early bird discounts benefits.
Interested parties can visit the XT Phayathai Developer Sales Website for the available units, floor plans.
by kevinyeo | Aug 26, 2018 | Bangkok Property Market Updates, Developer Watch
THE AREAS of Silom-Sathon, Phahol-Pradipat, Thong Lor-Ekamai, Huai Khwang and Phya Thai are the top locations for condominium projects in the central business district of Bangkok, according to property agencies.
Silom-Sathorn is a popular spot for office premises and residential units. There is also a surge in demand for co-working spaces in the area. The average return from resales and rentals of condominium units in the location stands at 4-5 percent annually, they said.
Thong Lor-Ekamai, Huai Khwang, and Phya Thai are suitable locations for condominium projects offering less than 30 square meters of space per unit and priced between THB 130,000 and THB 300,000 per square meter, said Anukul Ratpitaksanti, managing director of Plus Property Co Ltd.
According to a survey by Collier International Thailand Co Ltd, about 3,000 new condominium units with a combined value of THB 45.5 billion will become available in Thong Lor-Ekamai in the next six months.
Meanwhile, 3,139 units in 14 existing condominiums are currently on sale, of which 2,436 or 78 percent have been taken, the research said.
Condominium unit prices in the area average THB 130,000 and THB 250,000 per square meter while resale prices have increased by up to 30 percent from the previous year, Collier said.
Nalinrat Chareonsuphong, managing director of Nexus Property Marketing Co Ltd, said recently that Phaholyothin-Pradipat is the latest spot for residential developments. Property prices in the area are lower than those on Phaholyotin Road, while there is not much difference in traveling time and the environment, she added.
Other potentials of the area include its nostalgic features of old community, hotels, shops and restaurants operating in the three- to four-story commercial buildings along Pradipat Road, as well as population growth over the years.
Land prices on this road average THB 600,000-THB 800,000 per square wah, comparatively lower than those in nearby areas such as the small alleys in Ari, Phaholyothin Road from Chatuchak to BTS Saphan Khwai, and BTS Saphan Khwai to Victory Monument, which cost around THB 600,000-THB 800,000, THB 900,000-THB 1 million, and THB 1.2 million-THB 1.5 million per square wah respectively.
The average condominium unit price in Phaholyothin-Pradipat area stands at THB 170,000 per square meter, against THB 218,000 per square meter on Phaholyothin Road from BTS Saphan Khwai to the Victory Monument. However, both locations are similar in terms of roads, transportation, and infrastructure.
by Daryl Lum | Aug 26, 2018 | Noble Projects
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Noble Revo Silom by Noble Development
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Noble Revo Silom is a freehold condominium developed by Noble Development. It is located 160 meters from Surasak BTS Station. Surasak is right in the heart of the Sathorn Financial District. This is where you can find large multi-national corporations and major banks, law firms and accounting firms. The tenant mix is rather wide as there are many nationalities working in the area. You will get working professionals who are working in the Sathorn Financial District if you are renting out a unit here.
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Noble Revo Silom Location Map
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Visit the Noble Revo Silom developer sales website:
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Noble Revo Silom Developer Sales
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Visit The Noble Revo Silom Facebook Page:
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Related articles about Noble Revo Silom:
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Related videos about Noble Revo Silom:
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by Daryl Lum | Aug 25, 2018 | Featured Projects, Featured Under Construction Projects, Noble Projects
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Noble Around Ari by Noble Development
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Noble Around Ari is a freehold condominium developed by Noble Development. It is located about 90 meters from Ari BTS Station. It will take you 1 minute to walk to Ari BTS Station if you live in Noble Around Ari. Ari is a very popular area with very trendy cafes and restaurants. It has a very nice residential vibe to the district. Ari BTS Station is 2 stations away from Victory Monument BTS and 5 stations away from Siam BTS Station. It is also 2 stations away from Mo Chit BTS Station.
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Noble Around Ari Location Map
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Visit the Noble Around Ari developer sales website:
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Noble Around Ari by Noble Development
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Visit The Noble Around Ari Facebook Page:
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Related articles about Noble Around Ari:
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Coming Soon
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Related videos about Noble Around Ari:
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title=”” target=”_blank” link_attributes=”” alignment=”center” modal=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” color=”custom” button_gradient_top_color=”#ff0000″ button_gradient_bottom_color=”#ff0000″ button_gradient_top_color_hover=”#ff0000″ button_gradient_bottom_color_hover=”#ff0000″ accent_color=”” accent_hover_color=”” type=”” bevel_color=”” border_width=”” size=”large” stretch=”default” shape=”” icon=”” icon_position=”left” icon_divider=”no” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]Visit the Invest Bangkok Property YouTube Channel for all our videos[/fusion_button][fusion_separator style_type=”none” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” sep_color=”” top_margin=”20px” bottom_margin=”20px” border_size=”” icon=”” icon_circle=”” icon_circle_color=”” width=”” alignment=”center” /][/fusion_builder_column][fusion_builder_column type=”1_1″ layout=”1_1″ 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![[Site Visit] XT Ekkamai by Sansiri](https://investbangkokproperty.com/wp-content/uploads/2018/08/mxplmo7w660.jpg)
by kevinyeo | Aug 24, 2018 | Project Reviews & Site Visits
Hi everyone,
We have just uploaded the videos on our recent visit to XT Ekkamai by Sansiri. The sales gallery is also where the actual site of the development will be.
XT Ekkamai was the 1st of the 3 XT Condos to be launched. And XT Ekkamai is a joint venture between Sansiri and Tokyu Corporation. Previously, Sansiri and Tokyu also jointly launched Taka Haus which is also located nearby in Ekkamai Soi 12.
The sales take up for XT Ekkamai was good. This can be attributed to the high demand for good properties in Ekkamai.
In the sales gallery, we have the 1 bedroom and 2 bedrooms mock-up unit. You will notice that the colour scheme is a bit different from the HAUS series. Here, they are using louder colours. A more youthful theme to it as the original intent is to appeal to the Millenials.
The units do come fully furnished. So investors will be able to save themselves the hassle of make several trips to Bangkok just to do up the property after the handover.
A lot of the major developers in Bangkok are now exploring how to use A.I. and technology to attract new home buyers. SAN:DEE is a self-delivery bot that can provide simple concierge services to the residents in XT Ekkamai.
We hope you enjoyed the videos and have a good idea now of how XT Ekkamai looks like.
There are still some units left for sale… Just some.
If you are interested to find out more or wish to make an appointment to visit the sales gallery in Bangkok, please feel free to contact us at +65 98283196 or visit the developer sales website for more information on pricing or to download the floorplans.
