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.
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.
1 of them, namely Oka Haus is widely expected to garner strong interests from both local Thais as well as overseas investors.
Oka Haus Lobby: Artist Impression
Here are 5 reasons why we would expect huge demand for this development.
1. Sansiri – A Quality Assured Developer
The brand Sansiri is no stranger to the local Thais as well as overseas investors. It is a name that is associated with quality and this gives investors a peace of mind with their investments.
Sansiri also does provide a full suite of services to their investors, from the point of sale to taking care of after-sales services, including assisting investors with getting tenants as well as property management.
2. Haus – A Brand Associated With Quality Urban Lifestyle
Oka Haus and Kawa Haus will be the 4th and 5th installment of the Haus series. As with their predecessors, careful thoughts are given to the design and implementation of the developments. This is not just another project whereby the developer simply tries to squeeze as many units as possible on a tiny piece of land to maximise their profits.
1 of the standout feature of the Haus series is the impressive facilities coupled with smart home technologies.
Sandee: Sansiri Delivery Bot
Each Haus series brings with it their own unique concept to cater to today’s urbanites’ lifestyle taste.
It is truly an art masterpiece that every homeowner would be proud of.
3. Location
In terms of accessibility, Oka Haus is 5 minutes to Thonglor BTS Skytrain and 8 minutes to Queen Sirikit National Convention Centre MRT.
Oka Haus is also only a mere 5 to 10 minutes away from 2 major expressways.
Accessibility – Checked.
A brand new community mall Suanplern Market Rama IV is just nearby. More than 50 well-known restaurants will have branches there as well as big establishments like Zen, Nitaya Kai Yang, Boots and a Mos Dental Clinic.
Suarn Plern Market
Alternatively, the famous Thonglor – Ekamai district is just 5-10 minutes away.
Restaurant in Thonglor
Convenience – Checked.
4. Investment Potential
While this area may be new to some, you would be glad to know that the neighborhood around Rama IV Road is undergoing a major transformation. It is 1 of the hotspots earmarked for growth.
Location of Oka Haus
Urbanisation is happening quickly. More and more investors are starting to take notice of this area.
It is understood from developer’s website that the prices start from 3.69MB. To many, this is certainly a very affordable entry price for this up and coming location.
In fact, if you were to cross to the opposite side of Thonglor BTS, you would expect to pay a package price of 7MB upwards (almost double!) for a brand new condominium of equivalent quality.
We will be doing a full review of Oka Haus when we get our hands on more detailed information. So watch this space!
Thailand listed developer Sansiri is set to launch their highly anticipated development Taka Haus in September.
Introduction
Taka Haus is a freehold 269 unit condominium located within the Thonglor-Ekamai District. Thonglor-Ekamai is a high-end residential district highly sought after by locals and expatriates alike.
Who Is The Developer?
Taka Haus is jointly developed by Sansiri and Tokyu Corporation.
With over 33 years of experience and hundreds of projects across Thailand, including 2 hotels and a residential project in Kensington, London, Sansiri is widely regarded as Thailand’s leading developer of quality houses, townhouses, and condominiums.
Tell Me More About Taka Haus.Taka Haus is a freehold low-rise condominium made up of 269 units. Buyers will be able to choose between 1 bedroom or 2 bedroom units.
The concept behind Taka Haus is to create a perfect blend between active and resort-like lifestyle for individuals living in the vibrant city of Bangkok.
The developer has spared no efforts to imbue the development with lots of greenery and communal facilities to suit the demands of millennial.
And did I forget to mention that the property will come fully furnished? Yes, that means when you get your keys, you can immediately rent it out or just simply bring your luggage to stay!
The Location
Taka Haus is located within the Thonglor-Ekamai District. When people hear the name of Thonglor-Ekamai, they think of Bangkok’s best eateries, shops and some of the trendiest place to drink, party and hang out at night.
The area is also home to a superb selection of premium brand flagship stores and luxurious residences in the vicinity are particularly sought after.
These are just some of the reasons why this neighbourhood is considered the Beverly Hills of Bangkok. Greatly appealing to the affluent Thais and expats.
Accessibility
Staying in Thonglor-Ekkamai allows easy access to both inner and outer city especially in Sukhumvit area.
The nearest BTS is Ekkamai station. And it only takes you 15 minutes to reach Bangkok’s central business district.
There are also numerous office buildings, lifestyle community malls, international schools and medical institutions within the vicinity.
Everything is easily within reach when you are staying here.
I Would Like To Purchase This Property For Investment. Will I Be Able To Rent It Out?
Thonglor-Ekamai is 1 of the most in-demand residential area for expats. Your tenant pool should be extremely wide. You will get working professionals and expatriates who are working in the CBD as well as around the vicinity. This area offers them a rich and fulfilling living experience.
What Is My Upside? Who Are My Potential Buyers When I Wish To Sell?
Properties prices in inner Sukhumvit (Ploenchit, Asoke) have risen sharply over the years. Coupled with the fact of the ever-increasing problem of traffic congestion, people are looking to stay further out for a better quality of life.
As such, Thonglor-Ekamai is experiencing the benefits the spill over both in terms of demand from buyers as well as tenants. We are just getting started.
What this means for you as an investor is that you now have the opportunity to enter the prime real estate segment of Bangkok with a relatively lower investment (versus purchasing properties in Silom, Sathorn, Asoke). We see this area continuing to evolve, reaching new heights in urban living while presenting excellent investment opportunities.
Even famous designers and local celebrities are competing to live in this prestigious area. When you are ready to exit, you will find your property appealing to both international investors as well affluent locals.
Conclusion
With its resilient economy and sustainable demand from locals, the Bangkok property market is still poised for further growth. As an investor, our best bet to hedge our downside risk would be to invest in a great development in a great location. If you decide to do so, Taka Haus is an extremely good proposition.
Developed by renowned Sansiri, quality is assured. Coupled with its excellent location, getting quality tenants for your property will be as easy as it can get.
Taka Haus will be launched worldwide simultaneously in September.
As such condo prices in Thonglor have shifted upward from 120-150,000 THB Per/Sqm to an impressive 250,000+ THB Per/Sqm for some of the top projects.
Running parallel to Thonglor, Ekkamai is benefitting from the spillover effects. And here’s the good news for investors– this neighbourhood is still pretty much under the radar!
Ekkamai – An appealing neighbourhood
While Thonglor is often seen as the flashy, high society hang-out, Ekkamai has more of an old town charm to it. It still has a good mix of day and night entertainment venues and is no less convenient than it’s neighbour.
Gateway Ekamai
Big C Ekkmai
From Ekkamai, it is only a few BTS stops away to Asoke. It is also easily accessible via Phetchaburi, Sukhumvit and Rama 4 Road.
Last but not least, for families, there’s also easy access to good international schools.
Is There An Investment Opportunity?
Yes, there certainly is. The convenience, location and trendy environment have made Ekkamai a much sought after location for young working professionals.
The location is slowly but surely gaining its reputation as a desirable residential address.
In fact, major developers are slowly making their presence felt in Ekkamai with recent launches.
At an average price of THB180,000-THB200,000 psm, prices of condos in Ekkamai are still relatively lower compared to those in Thonglor. This means lower capital outlay for investors as well as better rental yields.
It is also worth noting that Ekkamai has yet to see as much re-development as Thonglor.
This will eventually translate into better investment upside for investors who are the early movers.
![[Property Review] XT Phayathai By Sansiri – 2 BTS Stations From Siam](https://investbangkokproperty.com/wp-content/uploads/2018/08/9ilwryrddkm.jpg)
![[First Look] Oka Haus Sukhumvit 36 by Sansiri](https://investbangkokproperty.com/wp-content/uploads/2017/10/rsz_oka-haus-garden.jpg)
