Sansiri has launched a new lifestyle brand XT. XT stands for Extend Your Style and this particular condominium series is targetted at millennials.
XT condominiums by Sansiri will allow residents to customise their lifestyles any time of the day. Room layouts can be personalised and rooms come fully furnished with customised furniture. There are VR game rooms and 24-hour virtual fitness facilities.
The characteristics of the XT brand comes from the insight that sees millennials looking for different experiences. It is divided into four groups: Passionate Optimist, Daring Vision, Urban Explorer, and Digitally Fluent. XT will provide a unique experience for this group. This is a very unique condominium product in the whole of Bangkok. This is perhaps the first truly lifestyle themed condominium for millennials.
There will be 3 XT projects: XT Ekkamai. XT Phayathai (600 meters from BTS Phayathai) and XT Huai Khwang (75 meters from MRT Huay Kwang).
EXPLORE YOUR SPACE with personalized room layouts
Choose a bigger room. Choose your style at every XTreme Condominium.
Free from all restrictions. You can choose the style of your room at XT Condominium.
Whether it is a big kitchen, big office or a large living room, find your space at every XT Condominium.
EXPAND YOUR LIFESTYLE at co-sharing facilities
Choose more activities based on your style and share exclusive areas of each XT condominium.
Fill your life with style and experience the new co-sharing facilities.
Share exclusive public areas in every convenient XT location and find more exclusive in each XT.
Who is XT style person?
Based on the concept and design experience, this is based on in-depth insights from target audiences – millennials, or people aged 28-35, who are today’s leading social and economic drivers.
This group focuses on living harmoniously between proven value and success in front of work and aesthetics in life. They are open-minded new things. And experience the joy without wasting time on fussy tricks. But at the same time, do not forget to pay attention to yourself and your loved ones. They will not waste time being other people and believe themselves to be part of a global community that is interconnected through similar experiences and technologies.
In this article, I would like to introduce you to a new upcoming launch by listed Thai developer Sansiri in a joint venture with Tokyu Corporation. This is not the first time they are working together. Taka HAUS Ekkamai 12 was a recent project launched by Sansiri and Tokyu jointly last year and Taka HAUS is already 95% sold.
This upcoming new project has generated a lot of interests even before the official global launch on 7th July 2018.
The name of the development is called XT Ekkamai. XT series is the first of it’s kind. The concept is created to target the Millenials.
While the HAUS series comes with a resort concept, XT will very much cater to the Millenials’ active lifestyle.
The Location
Located in the earlier parts of soi Ekkamai, staying in XT Ekkamai gives you access to a myriad of amenities. Shopping malls, schools, and hospitals are all easily accessible.
Some noteworthy landmarks are:
Entertainment and Restaurants
– Arena 10
– Health Land
– Ekkamai Shopping Mall
– Gateway Ekkamai
– Big C Ekkamai
– Major Cineplex
– J Avenue
International Schools
– Ekkamai International School
– The American School Of Bangkok
– Bangkok Prep International School
And that is really the reason why so many people love staying in Ekkamai.
The distance from XT Ekkamai to Ekkamai BTS is about 1.7km.
If you refer to the map above again, you will see not too far away from XT Ekkamai, there is a pin drop for Donki Mall. Yes, this is the famous Japan discount chain store.
We have 2 Donki outlets here in Singapore as well and it is super crowded every weekend.
The Donki mall is already under construction. It will be an impressive 6-storey retail mall in Ekkamai 5 when completed.
Project Highlights
Xt Ekkamai by Sansiri is a freehold development. Standing at 38 levels high, it will consist of a total of 537 residential units and 1 retail shop.
The units mix consist of 1 bedroom and 2 bedroom units.
For 1 bedroom, sizes range from 29.75sqm to 38sqm.
For 2 bedroom, sizes range from 45.50sqm to 57sqm.
XT Ekkamai is expected to be completed by December 2020.
270-degree sky pool. Enjoy the lovely Bangkok’s night scene.
Pushing the limitations with facilities that are truly out of the ordinary.
Sky lap pool with jacuzzi and poolside theatre. Awesomeness defined. No description required.
Courtyard Garden for you to have your moments of solitude.
This is no normal gym. It is equipped with Virtual Reality technology to enhance your workout sessions.
Look at that pool table.
Bar and Lounge on 38th. The perfect space for an after-party.
Conclusion
Proximity to social network and city resources, open floor plans, luxury kitchens, minimalist design, spa-like bathrooms, statement appliances, smart home technology, green building sustainability and bold use of colors. The Millenials have huge purchasing powers and the design world is taking notice of their preferences.
Sansiri and Tokyu have moved first to capture this market with their launch of XT Ekkamai.
XT Ekkamai Launch 7-8 July 2018 in Hong Kong, Singapore, Taiwan, Malaysia, China
Arguably the heart of Thonglor is the best neighborhood to live in Bangkok. The Thonglor streets have a homely feel to it and are yet only steps away from the best of schools, after-school classes, cafes, restaurants, pubs, malls, and supermarkets.
In this review, we take a look at a development called Runesu Thonglor 5, a low rise condominium project, jointly developed by Woraluk Property Plc and Shinwa Group under the company W-Shinwa.
The Developer
As this is their first foray into the Bangkok property scene, it is normal if you have yet to hear of this developer. Headquartered in Osaka, Shinwa Group is a Japanese conglomerate which has been around since 1890.
Shinwa Group covers property development, construction, architecture, property management, hotel and serviced apartment, spa, fitness, car parks, old-age homes and sigma beam manufacturing.
In mid-2016, it established W-Shinwa Co with a registered capital of 270 million baht, where Shinwa Development Thailand Co holds a 51% stake and property developer Woraluk Property Co, owned by Wichai Poolworaluk, holds 49%.
Project Information
PROJECT NAME
: Runesu Thonglor5
PROJECT AREA
: 0-3-91 Rai (1,564 sq. m.)
PROJECT TYPE
: Low Rise Condominium, 8 Storeys, 1 Building
NUMBER OF UNIT
: 156 Units
UNIT TYPES
: 1 Bedroom , 2 Bedrooms
NUMBER OF CAR PARKING
: 84 Parking lots
FACILITIES
: Runesu Lobby, Original Japanese Onsen, Japanese Garden, Jet Swimming Pool, Sauna Rooms,
CCTV, Key Card Access, Digital Door Lock, Shuttle Service, Mail Room
OWNERSHIP TYPE
: Freehold
CONSTRUCTION START
: Q3 2017
EXPECTED COMPLEMENT
: 18 months after construction started
The Location
Staying in Thonglor, having access to amenities is the least of your concern. Just stepping out of your house, you will be able to get to well-known places like:
Kindergarten: The Purple Elephant and Kid’s Kingdom
International Schools: Wells International and American School Of Bangkok
After School Classes: Helen Doron, Pink Ballet, Math Monkey
Japanese Supermarkets: Max Value and Fuji
Nihonmura Mall, Bangkok’s little Tokyo
Emquatier Shopping Mall, one of Bangkok’s largest mall
Bangkok’s finest restaurants
Over 10 reliable pilates and yoga studios and gyms.
It’s a 10-minute leisurely walk to Thong Lo BTS.
Minutes walk to Thonglor Soi 10, a place famous for the clubs and nightlife for locals and expats with high spending power.
Maze Thonglor Community Mall
Nihomura Mall
J Avenue
And the list goes on and on.
Located on Thonglor Soi 5, Runesu Thonglor 5 is set within the residential enclave, away from the hustle and bustle of the main Soi 55 road.
The Development
Shinwa Group as a developer uses innovation to differentiate their development projects from the rest. The Runesu concept, using the proprietary Sigma beam, increases the usable area of the property.
There also Onsen in the development, an attraction for Japanese tenants.
The parking is Auto parking down to 3 levels underground, parks 84 cars or 54%.
The project may look ordinary from the outside but once you step in, it has the atmosphere and aura of Japanese living. IAO TAKEDA is a leading Japanese design company that has won awards for many consecutive years.
With the Runesu concept, Shinwa is able to create an additional 60cm in the floor to ceiling. This allows the unit to have additional living space.
The onsen is really a unique and much-welcomed feature that is hard to find in other developments.
The Runesu function is available to the units of the first 2 levels of the development.
The unit will come fully furnished.
Runesu Type A1 is a 49.43 square meter room. You will come to Genkan or the front hall. There is a shoe cabinet. Next to a 4-seater dining area behind the dining table is a bedroom with a Den & Loft area next to it. The bathroom is dry and wet. Bathtub with The bathroom can be accessed from the bedroom and living room. The bedroom has a wardrobe space and a vanity at the end of the bed.
Conclusion
Looking at the facilities such as Onsen, golf driving room plus the fact that Shinwa chose Thonglor to build this property, it is clear that they are targetting the Japanese niche.
The layout of the rooms are good and they pay good attention to the quality of the finishing.
I have no reason to doubt that Runesu Thonglor 5 will be popular amongst tenants when it is completed. In fact, this is also a good place to stay if you want a holiday home in Bangkok.
If I have to pick a fault, it would be that the property to Thonglor BTS is still a good 900 meters. I personally do not consider any property more than 500 meters to be walkable on a daily basis. Not if you are in a rush. Not a deal breaker though, as there will be shuttle service available to the BTS.
If you would like to have more detailed information on Runesu Thonglor 5, such as the brochures, floor plans, pricing, and availability, please developer sales website here.
Located in the highly desirable neighborhood of Thonglor – Ekamai, Maru Ekkamai 2 is also one of the few condominiums that are pet-friendly.
The Developer
Maru Ekkamai 2 is developed by Major Development Public Company Limited. Today, the Company was listed in Stock Exchange of Thailand (MJD- Property Sector) with fully paid registered capital worth of Baht 700 million.
The Company is primarily engaged in the development of properties for sales, hotel business, property rental and service business. The Company and its subsidiaries develop high rise condominiums, hotels, resorts, and spas, as well as serviced apartments. Their projects include Hampton Thonglor 10, Fullerton Sukhumvit, WaterMark Chaophraya River and Manhattan Chidlom, among others.
The Location
Maru Ekkamai 2 is located in a prime location, at the beginning of Sukhumvit Soi 63 or we called it Ekkamai. Maru Ekkamai 2 is located between Ekamai Soi 2 and Soi 4, opposite the Bangkok Business Center. It is well known that Ekamai is a parallel road connecting Thong Lo. (Sukhumvit and Petchaburi Road).
The atmosphere is quite lively throughout the day and night. It is also surrounded by swanky restaurants, chic cafes, famous entertainment venues and community mall.
The distance from Maru Ekkamai 2 to Ekamai BTS is only 450 meters.
And right next to Ekamai BTS is a mega mall Gateway Ekamai.
It is also not far from the Ramintra-Narong Expressway, Si Rat Expressway. And the Chalerm Mahanakorn Expressway Both inbound and outbound.
This area is home to both Thai and foreigners. It is also a zone that investors are very interested in.
Maru Ekkamai 2 Project Highlights
Total Area
1-2-77.2 rai
Number of floors
32 floors
Number of Units
371 units of accommodation.
1 shop
Room Type and Room Size
Studio: 29.5 sq.m.
1 Bedroom: 32.5 – 35.00 sq.m.
2 Bedrooms: 55.5 – 60.5 sq.m.
Duplex: 41.5 – 74.5 sq.m.
Parking Lot
The car park floor is 1-8, 44.47% or 165 cars.
Location
Soi Ekamai 2, Prakanong Nuea, Wattana, Bangkok.
Expected Completion
May 2020.
Nearby Attractions
Department store
Big C Ekkamai: 290 m.
Park Lane: 150 m
Gateway Ekamai: 650 m.
Major Ekkamai: 700 m.
J Avenue: 1.5 km.
Thong Lo: 1.6 km
The Commons: 1.6 km
Rain Hill: 3.0km
Plearnwan Market: 3.1 km
Villa Market: 3.4 km
Emporium: 3.6 km
The EmQuatier: 3.7 km
Terminal 21: 4.6 km
place of education
Ekamai International Airport: 1.5 km.
Srivikorn: 1.5 km.
Bangkok: 2.7 Km.
Demonstration School: 4.5 km.
Srinakharinwirot University: 4.6 km
Medical Center
Sukhumvit Hospital: 800 m.
Samitivej Hospital: 2.2 km.
Kluay Nam Thai Hospital: 2.7 km.
Bangkok Hospital: 3.3 km
Piyavate Hospital: 4.7 km.
Rama 9 Hospital: 5.8 km
Religious place
Wat That Thong: 600 m.
Government offices and other agencies.
Planetarium: 800 m
Benjasiri Park: 2.7 km
Metropolitan Electricity Authority Ladprao – Bangkapi: 3.5 Km.
Queen Sirikit National Convention Center: 4.9 km
Benjakiti Park: 5.4 km.
Maru Ekkamai 2 does come with a full suite of facilities. From fitness room, a large swimming pool to a heated pool. There is also a central area for activities such as bike parking. Comes with Auto, EV Charger, Bark and Bike Wash, Co-Creation Space, Co-Kitchen Space, Outdoor Theater and Quiet Room.
Here are the various views you may get staying in Maru Ekkamai 2. It’s relatively unblocked from all sides.
North View
South View
East View
West View
Conclusion
If you are considering buying for investment, good properties in Ekkamai do have healthy demand. This is in the heart of the area where the Japanese community thrives. Renting should be relatively easy.
What is unique about Maru Ekkamai 2 is that it is pet-friendly. There is an increasing number of people who own pets and they can only choose from condos that are pet-friendly, which at the moment are not a lot. This is a major attraction for future owners and tenants.
Based on what’s available currently, prices start 6.8MB.
This development is merely 50 meters away from Queen Sirikit National Convention Center MRT. From there, you are only 1 MRT stop away from prime Asoke area. To top it off, Siamese Exclusive Queens represent great value for the investors. Price is starting only from about THB193,000 per square meter. Developments further away have already crossed the THB 200,000psm mark.
Siamese Exclusive Queens Facts
Project name: Siamese Exclusive Queens
Project owner: Siamese Queens Co., Ltd.
Location: Rama IV Road, Khlong Toei, Bangkok
Project area: 2-0-44 Rai
Project completed: End of 2019
No. of building and units: High-rise Building about 331 units, 33 Storey with 3 Basement
Parking Building (Automatic), 12 Storey with 6 Basement
No. of parking: 230 lots
Type of units: 1 bedroom 34-58 Sq.m.
2 bedroom 76-102 Sq.m.
3 bedroom 131-133 Sq.m.
Penthouse 154 sq.m.
Facilities: Lobby, Fitness room, Swimming pool, Sauna, Garden
The Location
To many who bought, the greatest attraction has to be the fact that you are only 50 meters away from Queen Sirikit National Convention Center MRT. From there, you are 1 stop away from Asoke, one of the most crowded and busiest areas of Bangkok: shopping venues, notable office buildings, five-star hotels can be found easily, let alone interchange point between BTS Green Line and MRT Blueline.
Another reason people will love to stay here is that of the nearby Benjikit Park. A large green area for people to exercise and relax. This is only about 400 meters away from Siamese Exclusive Queens.
The south of the development is accessible to Rama IV road, a major artery road that leads to the Sathorn-Silom area, Bangkok’s central business district. Not too far away along Rama IV road, there are already existing office towers such as FYI CENTER and Maleenont Tower and Sirinat Building.
Department Stores
Tesco Lotus – Rama IV Road, 1.2 km. away
Terminal 21 – Asoke, 1.8 km. away
The EM District – BTS Phrom Phong, 2 km. away
Rain Hill – Sukhumvit 47, 2.9 km. away
Hospitals
Theptarin Hospital – Rama IV Road, 2.6 km. away
Rutnin Eye Hospital – Rama IV Road, 2.7 km. away
Bamrungrad International Hospital – Soi Sukhumvit 3, 3.3 km. away
Kluynamthai Hospital – Rama IV Road, 3.7 km. away
Samitivej Sukhumvit Hospital – Soi Sukhumvit 49, 3.8 km. away
Educational Institutions
Sainamoeung School – Soi Sukhumvit 22, 2 km. away
Prasarnmit Demonstration School – Soi Prasarnmit, 2.6 km. away
Anglo Singapore International School – Soi Sawasdee, 4.3 km. away
Srinakharinwirot University – Soi Prasarnmit, 2.6 km. away
Bangkok University – Kluaynamthai Road, 3.3 km. away
If you refer to the picture above, just right across the road there is a new mega-project that is coming up called The Parq.
TCC Assets has launched The Parq near Queen Sirikit National Convention Center (QSNCC) as it looks to establish this area of Bangkok as a key commercial district. The development will cost THB20 billion to build and have office space, retail zones, restaurants, and a hospitality component, according to media reports.
Construction on the project has already started with the development’s 1st phase, which will have office and retail space, expected to open in the 2nd half of 2019. Work on the entire project should be finished by 2023. The 2nd phase will also have premium office space as well as a hospitality zone that will be designed for business people and anyone going to conventions and conferences at QSNCC.
The Development
The developer Siamese Asset has meant for Siamese Queens Exclusive to be a flagship luxury development. For a 33 storey building, there are only 331 units. This is considered low density, which is highly desirable.
The View
All 2-bedrooms will be corner units. South units will enjoy Chao Phraya River and Bangkrachao view, North and West units will enjoy Benjakitti Park and Lumphini Park view, and East units a view of distant skyscrapers. The only potential blockage would be to the northeast where Monterey Place is. (25 storey building).
The Facilities
All facilities are located on the top floor which offers visitors a 360-degree view of the famed Bangkok’s city skyline.
Units Layout
Siamese Asset uses quality finishing for Siamese Exclusive Queens in order for it to be worthy of its stature in this prime location.
Stepping in, the dining area leads to the living room with ceiling exposed to 2.70 meters height. The entire floor is laid with Engineered wood.
There are really no worthy new developments that come close within walking distance of Queen Sirikit Center MRT. For comparison sake, let us just broaden our radius and look at the recently launched developments.
As a property for own stay, Siamese Exclusive Queens offers unparalleled convenience. The development is built with the end-user in mind, giving you quality finishes and functional layouts.
For the very same reasons, this property will be ideal for investors seeking rental returns. Your tenants’ demographics are likely to be multinational. Japanese, Westerners, Thais etc. People who are working in the CBD, Asoke, Rama IV or Rama 9 will find it easy coming home to Siamese Exclusive Queens.
For such a prime location and to get in at about THB200,000 psm, choices are few and far in between. This is probably one of few last luxury high rise condo you could own at this prestigious location.
Sales have been brisk and there are limited units left for foreign quota. Based on balance units available, prices start from about 7.5MB.
The team at InvestBangkokProperty.com held their monthly Bangkok Property Market Outlook Seminar on the 7th of April 2018. The event was held at 115 East Coast Road. Despite the heavy rain, we had a full house for this event.
Here is a short video of the event:
During the event, Daryl gave a presentation on why investors should be looking at Bangkok as an investment destination.
Bangkok Property Market Outlook Presentation (7th April 2018)
Factors mentioned include
the relative affordability of Bangkok property prices as compared to other cities like Singapore and Hong Kong.
the demographics of the population in Bangkok
the government
the good infrastructure
the favourable tax and legal structure
Bangkok’s good relationship with the rest of the world
He also touched on the different areas in Bangkok that property investors should look at. He divided Bangkok into 3 different segments. Namely
the core central regions (Silom, Sathorn, Rama IV, Ploenchit, Wireless Road)
the city fringes (Thong Lor, Ekkamai, On Nut)
the growth areas (Rama 9, Bangsue, Tao Poon)
He has a blog article which covers this in detail and it can be found here.
We had a very special guest with us. Shawn, the owner of Thai real estate agency Trinity Relocation Consultant Co. Ltd., was with us at the event. There was a question and answer session with Shawn. Here are some of the questions and a brief summary of the answers. Please note that the answers are a condensed version of what was answered.
Question and answer session with Shawn from Trinity Relocation Consultant Co. Ltd.
Hi Shawn, so tell us more about your company and what do you do.
I run a real estate agency, Trinity Relocation Consultant Co. Ltd.. We specialise in the sale, purchase and rental of Bangkok properties. We also do property management, i.e. we handle all your property matters to make owning a property fuss-free. We can even help you things like managing your renovation, fixing your curtains.
What are the good locations in Bangkok to buy a property?
Most people are only familiar with places along the BTS line like Siam Paragon, Central World area. Actually, there are many places to buy property. Places like Thong Lor, Ekkamai, On Nut are up and coming and are very popular. So are places like Ladprao where they are building another MRT line to intersect with the current Ladprao MRT station. You should also consider places like Rama 9 (Phra Ram 9 MRT). The new CBD is in that area.
You should try to buy something near a train station. Maximum 10 minutes walk.
Who are the tenants that will rent my property if I buy a property in Bangkok?
Expatriates working in Bangkok and the local Thais. Expatriates can be people like the Chinese, Japanese, Koreans or even Singaporeans. The local Thai will rent and stay in the condominium during the week and return home to their province during weekends. You should look at investment grade condominium so that you will get good tenants.
Is there a strong demand for Bangkok properties? If yes, who are the buyers?
I would say 60% of the buyers are the Chinese. They buy properties in cash. The demand is very high. The demand from people from Hong Kong and Taiwan is also very high.
How has Bangkok changed since you first came to the city?
Bangkok has changed a lot! Prices of properties have risen by a lot. When I first came, a one-bedroom condominium in Rama 9 area would cost less than THB 2 million thereabouts. Today you cannot find anything in that area for less than THB 4 million. I should have bought a lot of these properties when I first came to Bangkok.
What are the charges for your services?
For property management, for buyers who buy through us, our yearly fees are THB15,000 which works out to be about SGD$600.
During the event, Shawn recommended a few developments in Bangkok
If you are keen to invest in one of these projects and would like more information like the e-brochure, floor plans and price list, please visit their websites and send in a request or you can email [email protected].
If you would like any questions to be answered in our future seminars or on our video blogs, please email them to [email protected]. We are taking questions from clients all over the world!
Our seminars are held every first Saturday of the month at 115 East Coast Road. Details of our next seminar on the 5th of May can be found here.
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