Noble Nue Ratchada-Lat Phrao

by Daryl Lum | Aug 25, 2020 | Featured Under Construction Projects, Noble Projects

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Noble Nue Ratchada-Lat Phrao by Noble Development

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Noble Nue Ratchada-Lat Phrao is a condominium project, developed by Noble Development. The condominium is located close to MRT Lat Phrao and MRT Ratchada which is the intersection of the existing blue MRT line with the upcoming yellow MRT line. Surrounding notable landmarks include the Court of Justice, Bic C, Union Mall, Central Plaza Ladprao and Olympia Thai.

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Nue Noble Ratchada-Lat Phrao Location Map

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Contact us for the updated availability list, pricing and latest discounts

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Visit the Noble Nue Ratchada-Lat Phrao Facebook Page:

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Noble Nue Ratchada-Lat Phrao Review. Attractively Priced Condo Next To An MRT Interchange.

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Videos

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Noble Nue Ratchada-Lat Phrao Review. Attractively Priced Condo Next To An MRT Interchange.

by kevinyeo | Aug 24, 2020 | Project Reviews & Site Visits

This could be one of the most notable launches in 2020 for Bangkok properties.

Noble Nue Ratchada-Lat Phrao is a freehold condominium project jointly developed by Noble Development and BTS. If you are lazy to read the entire review, let me sum up the main selling points of this project.

The relatively attractive entry price of 3MB
Good location, it will be next to the interchange of the Ratchada Station (Yellow Line) and Ladprao Station (Blue Line).

Being on the blue MRT line gives you easy access to a few important locations. South towards Rama 9 and Asoke, North towards Bangsue. Bangsue is the important high-speed rail terminal joining Thailand and China. Rama 9 and Asoke are the main commercial areas in Bangkok. Noble Nue Ratchada – Lat Phrao is also 1 station away from Phahonyothin, which is the main lifestyle area of the region.

For basic daily necessities, you can go to the Big C Supermarket and The Banyan Tree Community Mall nearby.

The project is also located within walking distance to some important government establishments such as the judicial training institute, high court of appeals, civil court, and office of the attorney general. These government work offices are a potential catchment area for tenants.

Noble Nue Ratchada-Lat Phrao will be completed by the year 2023. The property will also come fully furnished. Investors will have minimal work to do when they take over the property.

Pre-sales are now on-going and buyers get to enjoy early bird discounts. Prices start from 3MB.

Usually, at this price point, the property is either at a faraway location or it is low rise. Low-rise condominium generally has lesser facilities than a high rise, thus less desirable to tenants at a similar price point. In better times, we foresee that Noble Nue Ratchada-Lat Phrao will be a sell-out. If you are looking for a good value condominium investment in Bangkok, this project will definitely be one of our top recommendations to you for this year.

Get in touch with us today if you wish to find out more! For a more in-depth review, check out my review video above.

Thailand considering emergency extension to prevent second COVID-19 wave of infections

by Daryl Lum | Aug 20, 2020 | Bangkok Property Market Updates

Thailand is considering an extension of its state of emergency through September 30th 2020 to prevent a resurgence of a second wave of COVID-19 infections. Thailand has gone almost three months without a local infection.

The one-month extension, if approved by the cabinet, will be the fifth extension since March. The state of emergency allows the government to enforce mandatory quarantine orders and streamline disease-control plans.

Officials in Thailand are wary of the “second wave” of COVID-19 infections that have affected multiple countries across the world. This comes amid an increase in demonstrations against the government in Bangkok. While most of the protestors wear masks, they do not follow physical distancing practices.

Thailand has detected 3,382 infections so far. The emergency decree is focused on avoiding large outbreaks in the kingdom.

Yours sincerely,

The Invest Bangkok Property editorial team

Thailand experiences largest GDP contraction since 1998

by Daryl Lum | Aug 17, 2020 | Bangkok Property Market Updates, Investment Analysis

Thailand’s economy contracted by 12.2% as compared to a year ago. This GDP contraction is the largest since the Asian Financial Crisis more than two decades ago. The contraction, however, was not as severe as the median estimate of a 13% contraction in a Bloomberg survey of economists.

However, the outlook for the Thai economy remains weak as tourism and exports continue to slump from the fallout of the Covid-19 pandemic. This weakness is further compounded by the fact that the Thai Baht has gained more than 6% in the second quarter of 2020, further weakening the demand for Thai exports.

The Thai economic council cut its full-year forecast to 7.3 to 7.8% which is worse than earlier estimates of a 5 to 6% fall.

The government had announced a USD 60 billion stimulus package to counter the effects of the pandemic on the economy. Exports are expected to fall by 10% this year and second quarter unemployment was at 1.95%, the highest level since 2009 and double the usual rate. Another 1.8 million jobs may still be at risk. The government has already spent over 300 billion baht in cash handouts to keep consumption demand afloat. According to Bloomberg’s economists, tourism, which accounts for about 20% of the Thai economy, is not likely to recover to pre-COVID-19 levels till 2022.

Yours Sincerely,

The Invest Bangkok Property Editorial Team

Mulberry Grove Sukhumvit

by Daryl Lum | Aug 2, 2020 | Featured Under Construction Projects, Magnolia Projects

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Mulberry Grove Sukhumvit by Magnolia Quality Development Corporation

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Metris Ladprao by Major Development

Metris Ladprao is a condominium project, developed by Major Development. The condominium is located close to the Phahon Yothin MRT Station and Ha Yaek Lat Phrao BTS Station. It is located close to Chatuchak Park and in close proximity to Bang Sue Grand Station.

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Mulberry Grove Sukhumvit Location Map

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Contact us for the updated availability list, pricing and latest discounts

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Visit the Mulberry Grove Sukhumvit Facebook Page:

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