![[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 | Reviews
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 center (Siam, Chitlom, Silom, and Sathorn) as Phayathai is not too far a distance away. Staying in the city center 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 center 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 | News
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 Bt130,000 and Bt300,000 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 Bt45.5 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 Bt130,000 and Bt250,000 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 Bt600,000-Bt800,000 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 Bt600,000-Bt800,000, Bt900,000-Bt1 million, and Bt1.2 million-Bt1.5 million per square wah respectively.
The average condominium unit price in Phaholyothin-Pradipat area stands at Bt170,000 per square meter, against Bt218,000 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.
Source: http://www.nationmultimedia.com/detail/Real_Estate/30351018
![[Site Visit] XT Ekkamai by Sansiri](https://investbangkokproperty.com/wp-content/uploads/2018/08/mxplmo7w660.jpg)
by kevinyeo | Aug 24, 2018 | Reviews
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 color scheme is a bit different from the HAUS series. Here, they are using louder colors. 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.
by kevinyeo | Aug 22, 2018 | News
International school fees and properties in Bangkok are a fraction of those in China
Chinese parents keen to enroll their children in international schools but reluctant to pay the exorbitant tuition fees in the mainland are turning to Thailand as an option, a trend that has bolstered the local property market.
Peggy Wang, a mother of a 10-year old girl and a six-year-old boy, is one such parent who opted to move to the northern Thai city of Chiang Mai, where annual tuition fees at less than 60,000 yuan (US$8,732) are a quarter of the 240,000 yuan her children’s Beijing bilingual school had charged.
“The teachers in the Beijing school change frequently, but in Thailand, teachers have families there, so the faculty is stable,” Wang said. “In Beijing, my children have to take extra English classes after school in the absence of an English-speaking environment outside class, but not in Thailand.”
She plans to send her children to international schools in Bangkok when they get older, where fees will rise to about 100,000 yuan a year. To prepare for that, she has bought a 31 square meter flat in Bangkok for 650,000 yuan, in addition to the Chiang Mai villa she lives in and a flat in Pattaya.
Wang is among a growing group of Chinese parents disillusioned by the costs of local international schools and the rote-learning in public schools in the mainland, and looking towards Thailand as a destination for education and investment.
According to Chinese international real estate website Juwai.com, the volume of enquiries for Thai properties in the first half of the year exceeded that for all of 2017, with Thailand rising from No 3 last year to become the top destination for Chinese buyers. It said it had received purchase enquiries amounting to US$962.2 million since the beginning of last year.
Monthly tuition fees of US$2,744 at Shanghai international schools are currently the world’s highest, according to the International Schools Database. Beijing is the second most expensive at US$2,519. By comparison, fees in Bangkok and Bahrain are US$1,032 and US$422 respectively.
Education is a common factor driving Chinese overseas property investments. Anxiety over the shrinkage of domestic wealth under a depreciating yuan, high inflation and a shortage of viable investment options are other reasons. Next, to traditional investment destinations like the US, Canada, and Australia, Thailand has its advantages – it is geographically closer to the mainland and less expensive.
Chris Deng, a businessman from eastern China’s Nanjing city who shuttles between China and the US, bought a 35 sqm flat in central Bangkok for 1.3 million yuan this year. He said he planned to send his daughter, now two years old, to a local kindergarten, and possibly a primary school in Thailand.
“I want my kid to grow up in an international environment,” he said.
Deng said he considered his Thai investment as part of a global portfolio that includes property assets in the US and other mainland cities.
“In Thailand, I can get a 5,000-6,000 yuan monthly rent. In Nanjing, I get a similar rent for my 100 sqm home, which is now valued at 5.6 million yuan,” he said.
An annual yield of close to 10 percent was the major draw for Jennifer Wu, a 25-year-old Chongqing native to invest in Bangkok. Wu bought a 28-sqm flat for 566,000 yuan, via Uoolo, an app that helps Chinese buy properties overseas.
“I heard that universities there are good, which could be an option for my future kids,” she said.
Wang said parents who can afford the higher fees for mainland international schools would prefer to pay them as sending their children elsewhere usually require a parent giving up a career to move overseas with the child.
“But living in Thailand hasn’t changed much for my children and me. Each time when we land in Beijing, they kept asking me, when we could get back to Thailand?”
source: https://www.scmp.com/property/hong-kong-china/article/2159400/mainland-chinese-parents-buy-education-and-properties
![[Site Visit] Park Origin Phayathai](https://investbangkokproperty.com/wp-content/uploads/2018/08/Private-Dining.bmp)
by kevinyeo | Aug 21, 2018 | Reviews
In this month of August, Phayathai will be hit by 2 new condominium launches. One of which is XT Phayathai by Sansiri and the other is Park Origin Phayathai by Origin Property. We have previously made a site visit to XT Phayathai. So you may refer to the link for more information.
Today we will share about our visit to Park Origin Phayathai sales gallery. In fact, we were invited to the party launch of the sales gallery.
It was super crowded. You can see the interest from the Chinese in Bangkok’s property from the number of Chinese sales agent attending the launch party.
Here are some videos on the various show units in the sales gallery.
Nowadays, all the major developers in Bangkok are trying to distinguish themselves with smart homes technology. So we found this in the bathroom of Park Origin Phayathai as well.
Now, Park Origin Phayathai will be a mixed development consisting of retail, 5-star hotel and luxury residences. This project is also located only about 200 meters away from BTS Phayathai, which is also the interchange for you to get on the airport rail link direct to Suvarnabhumi Airport.
Park Origin Phayathai is now collecting interests. The actual sales will start somewhere in end August. If you are interested to find out more, you can visit Park Origin Phayathai Official Developer Sales for more information on pricing and floorplans.
