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Siamese Exclusive Queens – Luxury Condo 50 meters from QNSCC MRT

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Prime Location – Checked

Next to MRT – Checked

Attractive Price Point – Checked

If you are looking for a property in Bangkok that meets the above requirements, look no further than Siamese Exclusive Queens.

Siamese Exclusive Queens is developed by Siamese Asset. A leading Thai developer.

(Read: An Introduction to Siamese Asset Co Ltd)

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.

We visited the showflat so investors can see for themselves how the place looks like. You can click here to see the actual unit walkthrough. 

 

Comparative Market Analysis

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.

Project Number of Units Average Price (Baht / Sq Meter) Completion Date
Siamese Exclusive Queens 331 189,000 End 2019
Ideo Mobi Rama IV 486 258,000 2020
Park 24 (1st Phase) 833 218,000 2018

 

Conclusion

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.

If you would like to find out more, you may visit Siamese Exclusive Queens Official Developer Sales Website to download the floor plans, brochure, and price list.

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