In the advent of Property Perfect PCL (PF) in 2014, Thai Property (TPROP) was taken over and stripped of the rights and privilege to run its subsidiaries, one of which is its remarkably profitable property-selling business Grande Asset Hotels & Property Company (GRAND). GRAND is known to have developed and undertaken several sizable luxury hotels and condominium projects, including Westin Grande Sukhumvit, Sheraton Hua Hin Resort & Spa, Sheraton Hua Hin Pranburi Villa, and most recently Hyde condominium. In spite of being operated under a direction of a new rightful owner PF, GRAND continues to maintain its tremendous amount of focus and penetration in the high-end property market by rolling out Hyde Sukhumvit 11 as the continuation of Hyde project with an automatic parking system incorporated as an exclusive selling feature which garners great consumers’ attention.
Building Illustration of Hyde Sukhumvit 11
Project Details (Reviewed June 15th, 2015)
Project Name: Hyde Sukhumvit 11
Developer: Grande Asset Hotels & Property PLC (GRAND)
Address: 155/1 Soi Sukhumvit 11/1 (near President Palace) North Klongtoei, Wattanna, Bangkok
Project Area: 2 Rais 1 Ngan 58 Sq.w.
Project Type: 39-Storey Residential Building (Tower A) and 9-Storey Building (Tower B). Total of 478 Units combined.
Tower A: Parking space ranges from 1st floor to 3rd floor. The remaining floors are composed of residential units, 5 passenger lifts, and 1 service lift.
Tower B: Parking space covers most of the floors ranging from 2nd to 7th. The 8th and 9th floors are home to few resident units and some space allotted for automatic parking system. Two passenger lifts are incorporated to the building.
Unit Layouts: All units are fully-furnished. Residential units can be found on 4th to 36th floor. Each floor contains mixed types of layouts, but the studio and one-bedroom shall not be found anywhere from 31st floor onward.
Studio 27-28 square metres
1 Bedroom 33-34.5 square metres
2 Bedroom 53-63 square metres
3 Bedroom 85-88 square metres
Duplex 60 square metres
Penthouse 132-160 square metres
Average Price: THB 185,000/Sq.m. at Soft Opening
Sinking Fund: THB 600/Sq.m.
Maintenance Fees: THB 60/Sq.m./Mth.
Selling Rate as of June 15th, 2015: Tower A 40% of the total units have been sold after the project initially launched on March 28th, 2015. If Tower A has been 100% sold out, Tower B’s residential zone on Fl. 8 and Fl. 9 which exclusively consists of studio and one-bedroom unit types will be put up on sale.
Expected Completion: Early 2018
Hyde Sukhumvit 11 is renowned for its premium luxury which is excellently located in the heart of the city. A well-recognized design company A49, therefore, attentively crowned Hyde 11 with a dazzling icon that resembles a clear-cut crystal. The differences in the view orientations are highlighted below.
North – The north-facing units can be less of interest especially the studio and one-bedroom units because there is a tower standing in the way blocking the view. In contrast, two-bedroom offers a stunning city view as the balcony orients west.
East – The units facing east appeals to Feng Shei practitioners who believe receiving the first light of the day gives them a good vibe, health and fortune for the rest of the day.
West and South – The units facing west and south are the best-selling units because they features fantastic city view over famous shopping malls like Siam Paragon and Central World, which will get even more special and terrific during special occasions when the shopping malls host a fire work as a celebration.
Architectural Design: Architects 49 (A49)
Security: Fenced Condominium with Access Card and 24-hour security with CCTV
Parking: 276 parking spaces (57%)
Facilities:
– Swimming Pool
Swim Amidst the Endless Skyline
– Ultra-luxe Theater
Ultimate Theater
– Golf Simulator on 37th Fl.
Exclusive Golf Simulator
– Library on 37th Fl.
Library Illustration_Hyde Sukhumvit 11
– World-class Fitness with breath-taking skyline position on 39th Fl.
Breath-taking skyline overlooking from Fitness Room
– Automatic Parking System
Fixtures & Fittings
Flooring: Granite Floor Tile (Homogeneous Tile) a remarkable characteristic is its density and hardness which make it harder to cut and less prone to moisture and stain absorption than ceramic tiles.
Floor to Ceiling: 2.7 m. high, 3.3 m. high floor-to-floor
Door Lock: Digital Door Lock with Video Call
Kitchen: Built-in hood and hob from Electrolux or equivalent
Balcony: 1 m. wide or 1.5 m. wide (2-bedroom or bigger only)
Bathroom Sanitary: Kohler or equivalent
Furnishing: Fully-furnished by Seasons and fully-fitted for 2-bedroom or bigger
An inside look of one-bedroom unit (1C): Fully-furnished 34 Sq.m.
1-Bedroom Show Unit
Video Door Phone installed for every units.
Video Call
A built-in cabinet on the left side of the doorway, right behind the door after entering the room suitable for storing shoes and miscellaneous objects.
Built-in Cabinet
Opposite from built-in cabinet is a bathroom featuring Kohler sanitary decorated in white and gold tone. Display is not included.
Walking further inside to the left is a kitchen inclusive of built-in cabinet, Electrolux hood and hob. The washing machine is not included.
A living corner furnished with the chic and chill style of Seasons furniture. TV is not included.
The air-compressor is suspended over the balcony shaded by battens.
In-room chill-out corner.
A bedroom and living room are separated from one another by a glass sliding door.
An inside look of a two-bedroom unit (2C): Fully-fitted 63 SQ.M.
2-Bedroom Show Unit
At a first glance after entering, a cooking and dining area are to be seen. Built-in storage that can be fitted with a washing machine.
The kitchen size varies with the unit area.
Well-proportioned living area with working table set aside.
The balcony starts from a 1-metre width at the minimum and increases in size as the unit gets larger.
The dining table and chairs are placed against the glass wall that sets it apart from the living corner.
A 6-foot bed would be able to fit in a master bedroom. It also offers a convenient access to the bathroom as it is positioned opposite to the bedroom.
Two bedrooms share one bathroom that is equipped with a bathtub and a rain shower and comes with a window that allows for easy ventilation.
Hyde Sukhumvit 11 is superbly located right in the heart of Bangkok’s most strategically advantageous commercial quarter, Sukhumvit 11/1, surrounded by tons of shops selling differing lifestyle consumer goods, restaurants with decent food at fair prices, and crowded night pubs and bars that hardly sleep. Sukhumvit 11 road is also a bustling and crowded street especially at night when mass people flow in after work. It branches out from the main Sukhumvit road and connects with the neighbor streets, giving a convenient access to major commercial areas including Asoke, Ploenchit, and Petchaburi road. Car drivers somewhat use this road as an escape from rush-hour traffic.
Sukhumvit 11 lies through Nana quarter, home to the little Indian town. This paved road additionally interconnects Samitivej Hospital, Wattana Wittaya Academy, Villa Market, Central Embassy and Terminal 21, enabling life in Hyde Sukhumvit 11 to become fulfilling and indulging. It astounds the home seekers even more with an easy access to Nana BTS station within 500 metres whether by foot or motorcycle. Property buyers can forget about the idea of getting stuck in traffic congestion for hours.
Getting There
Location Map of Hyde Sukhumvit 11
1. BTS – Nana BTS station lies 500 metres away, while Asoke BTS station is approximately 1 km away from the condo.
2. MRT – Sukhumvit MRT station (Asoke) depending on convenience whether to take BTS or MRT.
3. Personal Vehicle – For the cut-through driving, drive along Petchburi road until arriving at Soi North Nana at the intersection between Petchburi and Nikom Makkasan, go down Soi north Nana, then make a right at Soi Chaiyod or Sukhumvit 11, head straight and make two right turns at two three-way junctions to Sukhumvit 11, go down the route for approximately 200 metres and the condominium can be found on the right.
Nearby Amenities
Early Sukhumvit is recognized as a hub of entertainment where pubs and bars are set along the road. Hangout places, office buildings, educational institutes, public parks, hotels and international hospitals are also in place to fulfill an urban living experience.
Shopping Plaza
– Terminal 21 (1 kilometres)
– Central Embassy (1.5 kilometres)
– Central Chidlom (1.8 kilometres)
– Gaysorn Plaza (2.2 kilometres)
– Central World (2.5 kilometres)
– Siam Paragon (2.9 kilometres)
– Siam Square (2.9 kilometres)
Office Buildings
– Pacific Place (0.9 kilometres)
– Interchange Tower (1.15 kilometres)
– Exchange Tower (1.2 kilometres)
– Wave Place (1.48 kilometres)
– GMM Tower (1.9 kilometres)
– All Seasons Place (1.9 kilometres)
Educational Institutes
– NIST International School (0.7 kilometres)
– Wattana Wittaya Academy (1 kilometres)
– Srinakharinwirot University (2 kilometres)
– Satit Prasarnmit Demonstration School (Secondary) (2.2 kilometres)
Public Parks
– Chuvit Garden (0.6 kilometres)
– Benjakiti Park (1.9 kilometres)
– Benjasiri Park (2 kilometres)
Hotels
– Ambassador Hotel (100 metres)
– Hyatt Regency Bangkok Hotel (0.6 kilometres)
– Westin Grande Sukhumvit Hotel (0.8 kilometres)
Hospitals
– Bamroongraj Hospital (0.7 kilometres)
– Samitivej Hospital (4 kilometres)
For those who are seeking for property investment opportunity locally or overseas, Hyde Sukhumvit 11 is a great consideration. This development receives significant positive reactions from overseas buyers, majorly living in Asia such as Taiwanese as the largest group, and Middle-East as the second largest group. The rent price in this area ranges from THB 800 – 1,000 per square metre. The rent for one-bedroom is approximately THB 34,000 a month.
Nearby Projects
Circle Sukhumvit 11
A 34-storey ready-to-move-in condominium developed by Fragrant Development PLC is settled on 1-3-26 Rais of land with a total of 219 units. Comprising 1-3 bedrooms, duplex, penthouse and villa, and exclusively Circle President Suite, ranging from 46.20-406.50 square metres in size inclusive of automated parking system, the selling price starts from THB 149,000 per square metre.
Circle Sukhumvit 11
Noble Recole
Completely constructed 28-storey condominium enclosed within 1-2-28 rais of land is made up of 60%parking spaces and a total of 288 residential units consisting of 1-2 bedrooms units ranging from 34-68 square metres in size. It is situated adjacent to Wattana Wittaya Academe within Sukhumvit 19. The selling price starts from THB 150,000 per square metre.
Noble Recole
The Trendy
This high-rise residential condominium is developed by Grande Asset Hotels & Property PLC on a vast flat land covering an area of 6-65-3 rais. The project is composed of three buildings consisting an 18-storey residential building, 31-storey office building, and 7-storey plaza with a total of 444 units combined. The residential building features 1-2 bedrooms with sizes ranging from 70-85 square metres with 600 parking lots. The selling price starts from THB 103,000 per square metre.
The Trendy
The key selling points of Hyde 11 not only stem from the facts that this condo is equipped with an automatic parking system but also its desirable location allowing for a convenient access to mass rapid transit play a vital role in attracting a lot of lifestyle prospective buyers. The quality is undoubtedly guaranteed by highly reputable 4-5 stars hotel developer. Interested buyers and investors alike shall gain an idea that an opportunity to generate reasonable returns from investing in this property does exist.
This project review is written by Araya Siripayak, a full-time reviewer at DDproperty.com, the No.1 property listing portal in Thailand. For any questions, please email to araya@ddproperty.com.
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