Aquarous Jomtien Pattaya, a luxurious staycation residence that embodies the essence of modern living by the sea. This high-rise condominium features two towers, standing at 44 and 47 floors, comprising a total of 606 residential units and five commercial units. With prices starting at THB 4.21 million,
After Narai Property was successful with the previously launched project Parc Priva, it marched forward by forming a subsidiary NYE Estate focusing specifically on the condo development. The subsidiary was on the next move introducing the chic and rare cluster homes “Quarter 39” under the joint venture with Koon Capital Partners. The developments of total 15 courtyard villas were successfully managed to happen within the cramped territory amidst Sukhumvit 39 Street, thanks to their thought-out designs that in no way the same number of homes the usual conventional sizes would be able to fit in. The responses to this project were positively overwhelming given more than 50% of the total units sold out shortly after the pre-sale in August 2015. The more information about these rare items shall be explored in the following sections.
Project Details (Latest Updated on September 10th, 2015)
Project Name: Quarter 39
Developer: NYE Estate Co., Ltd.
Joint Developer: Koon Capital Partners
Sole Agent: CBRE Real Estate
Address: Soi Taweesuk (Sukhumvit 39), Sukhumvit road, Klongtonnua sub-district, Wattana district, Bangkok
Project Area: 2-0-33 rais of land
Project Type: Cluster home (villa). Total 15 units.
Target: Those in search of single-family home size within the urban area.
Construction Start: August 2015
Construction Completion: Approximately January 2017
Security System: Key Card Security Integrated System, 24/7 CCTV and security guard.
Condo Facilities: Large Garden & Pool
Lifts: 1 lift each unit
Parking Space: Three types of villas has different types of parking spaces as follows: Type A has an ample underground parking for a maximum of 3 cars/unit, and Type B and C, both have indoor ground-level parking for 3 cars and 1 lot of great parking.
Selling Rate: Approximately 50 % sold out
Sinking Fund: THB 10,000/ square wa
Maintenance Fees: THB 15,000 a month per unit (2-year grace period allowed)
Starting Price: THB 38 million/ unit
Unit Layouts: Fully Fitted. Each of 15 units is delivered with rooms as follows:
Type A: 4 bedrooms, 5 bathrooms, and parking space of 28-43 square was for 3 cars (7 units)
Type B: 4 bedrooms, 5 bathrooms, and parking space of 34-46 square was for 4 cars (3 units)
Type C: 4 bedrooms, 5 bathrooms, and parking space of 33-45 square was for 4 cars (5 units)
Project Details
Even a handful of cluster homes are extremely rare in Thailand, contrast with Singapore and Hong Kong where they’re nothing new. This home style is modern with an ultra-contemporary cuboid-like shape packed with several extra-large windows and plentiful indoor green area. The parking space is constructed on the basement, made for road safety for children and pets.
A gigantic monkey pod tree, which has long rooted in what’s now a front green of the project zone, is still standing in the exact same condition and same place, to continue representing an icon of the street.
When fully constructed, the south of the project area will be next to Modern International School Bangkok, which is conveniently commuted for children of families at Quarter 39.
The construction area of Quarter 39 is enclosed within fences covered with a large banner with the name on it.
A walkway is made next to the gated entrance for pedestrians to use separately from the cars, avoiding inadvertent accidents.
The houses of Quarter 39 face with the west direction, gaining an obstructed 180 degree view of the town.
According to the model, the project is bordered by 2-storey single homes on the north with green fence in-between.
The project area is adjacent to the part of Modern Bangkok international school on the east as well.
Drivers or pedestrians can peer Italthai tower afar from Phetchaburi road, as they look up at the sky.
It cleverly offers the residents an unbeatable balance between mental health and well-being through amenities on-site including, a 20-metre-long lap pool and 1-rai exquisite garden, which are attentively and creatively designed by Soomdoon Architect and Pia Interior, greatly famed architecture firms.
In the master plan of Quarter 39, each residential place is equipped with tiny greenery with well-grown Cerbera Odolla placed on the side of the house to resemble European home style to the most accuracy.
The 15-metre-wide gap between two stacks of houses is designed to be a beautiful garden retreat with sun-drenched outdoor seatings. There are ramp ways supporting wheel chairs as well.
In compliance with Thai construction law that it’s not permitted to construct several buildings attached to one another, the master floor plan is inclusive of a narrow green passageway set in-between two sets of buildings.
A 20-metre-long lap pool is laid in front of cluster homes of Type B for mutual use and has a staff room, storage and garbage dumpster all roomed underneath.
A 6-metre-wide off ramp leading into the basement parking with the height of 3 metres. The parking lots are fixed in number and positioned right under the unit they came with.
The usual floor plan:
Floor: porch tiles for living room, dining zone and kitchen. Engineered wood for bedroom. Granite for bathroom.
Floor-to-Ceiling Height: A living room – 6 metres. The other rooms – 2.7 metres.
Width: 7 metres at the minimum
Door: Key card access.
Kitchen Set: Built-in countertop by Poggenpohl or equivalent. A hob, hood, dish washing machine, oven and microwave by Siemens or equivalent.
Sanitary Ware: Toto
Furnishings: Fully Fitted
ACs: Daikin or equivalent
Floor Plans
Type A consists of 4 bedrooms, 5 bathrooms, a parking space of 28-43 square wa for 3 cars. There are 7 units of this type in total.
There are two small bedrooms on the 2nd floor, each of which occupies 30 sq.m. of space. And there is another bedroom the master size on the 3rd floor.
An indoor kitchen, which comes with this floorplan, is equipped with all the kitchen set and even covers for dining area. There is actually a public kitchen to use within the staff room at the underground floor if one wishes not to mess up their tidy kitchen.
The bathroom is equipped with walk-in closet and has a large space packed with sanitary for both male and female.
Type B offers 4 bedrooms, 5 bathrooms and parking space of 34-46 square was for 4 cars, and totals 3 units.
The kitchen zone in Type B home occupies a large space in the room allocated for Poggenphol kitchen (or equivalent), and Siemens compact oven/ hob/ hood/ dish washing machine/ microwave/ or equivalent.
Type C is the best selling as it has the widest frontage as of 8 metres sitting closest to the gated entrance.
Location
Since the first BTS light-green line commenced operation in 1999, Phrom Phong, the region aligned between Sukhumvit 33 and 39, and the same name as the BTS position positioned on it, has drastically changed upon the new urban planning and traffic-relief attempts of the government. Beginning with Sukhumvit 33/1, mass Japanese immigrants flooded in for permanent residences as they relocated for work, eventually founding a so-called Japanese Town filled with oriental stores, restaurants and estates along the road. Far to the east near where Phrom Phong BTS station stands now, there is The Em District, a large commercial business hotspot comprising three super malls including Emporium, EmQuartier and Emsphere (upcoming). This region has grown magnificently for the past 20 years and through time ascended the financial district of Bangkok, where today developers were consistently inspired to come and stay invested in the property inside this zone.
Sited on the dominant location blossoming with brilliance, the householders of Quarter 39 will be led to dilemmas; whether to indulge themselves in their cozy and pleasant homes or be tempted to pop in the middle of The Em District and enjoy all the luxury and convenience it shall offer. In addition, life there is naturally scenic as Sukhumvit 39 is lined up with vibrant and exquisite monkey pod trees that have lived through a century, which became the origin of the street’s alias, Monkey Pod Tree Street. That is not all. Quarter 39 residential zone is protected by 1-metre floodwalls that prevents flood during rainy season. These homes are a perfect combination of nature, privilege, and luxury.
Getting to the sales gallery
To get there, using Phetchaburi road is highly recommended because the traffic along the way is better and driving distance is much shorter compared to what if taking Sukhumvit road. The direction is to drive on Phetchaburi and take the right onto Soi Phetchaburi 38/1 and following the route toward Sukhumvit 39. The sales gallery is located on the left at Ozono.
Getting to Quarter 39
Soi Taweesuk, a 2-way minor street within the residential zone, is the only way that leads to the cluster homes of Quarter 39. There are two international schools including Modern Bangkok and ABC Pathway to be passed by on the way in there. GTH’s home & office can be found on this street as well. To make a way out of this street back onto Sukhumvit 39, one should go out on the one-way street called Soi Pobmit to do so. There are other minor streets that allows for easy accesses into Asoke (900 metre away), Thonglor (1 km away) and Phetchaburi zone (500 metre away), which are all useful as shortcuts
– Public Transit: BTS
Take BTS to get out at Phrom Phong station and exit through the gate 3. Then take a mini-truck (THB 50) or motorcycle (THB 30) to the town homes. Total distance from the BTS is 900 metres.
After exiting through gate 3, walk on the pavement in the opposite direction about 100 metres to Soi Sukhumvit 39.
– Personal Vehicle
Option 1: If coming from Sukhumvit main road, enter Soi Sukhumvit 39 and go on the road past UFM Fuji toward the junction with Phetchaburi 38/1 and Soi Sawasdi. Continue onto Soi Sawasdi, which curves to the left, straight about 500 metres past Soi Pobmit, and before reaching Soi Sawasdi Intersection, make a right onto Soi Taweesuk. Follow the route about 300 metres and Quarter 39 is located on the right.
Soi Sukhumvit 39, also commonly known as Soi Phrom Phong, allows for a shorter route to get onto Phetchaburi road.
Drive along this one-way street past the UFM Fuji on the left, as shown in the photo, toward Soi Sawasdee.
Option 2: It can get a little more complicated if coming by Phetchaburi road because the road is made for one-way drive. After entering Phetchaburi 38/1, the driver will be forced to go a long way down the road past Ozono and the T-junction until Baan Jamjuree is found on the left and a block (Phrom Chit Alley) is on the opposite. Then take the right onto the alley and continue until reaching Phon Si alley, make a right onto it. Then go a long way to the north until reaching the intersection with Soi Sawasdi, then make a left onto it. Go to Soi Tawisuk, which is the next block from the intersection.
Option 3: Head south on Asok Montri road (Soi Sukhumvit 21) and turn right onto the street between Islamic Bank of Thailand Q House Asoke and Petch Asok Market and Food Centre. Continue along the route in one direction toward Sawasdee Intersection. Soi Tawisuk is one block ahead of the intersection.
The entrance to Soi Taweesuk can be recognized from the blue street sign and eye-level shiny entrance sign of Siamese Gioia.
Nearby Amenities
The Phrom Phong zone is inadvertently famous now, but it didn’t reap such prodigious recognition until mass immigration of Japanese workforce and inception of the Em District came to this area, hand in hand with the rise of overseas food and restaurant businesses. Even though 20 years ago a single foreign-oriented shop was a rarity, now a great deal of them spread throughout Sukhumvit 39 street such that this kind of place is no longer considered odd or on the back of people’s minds. Japanese residents in this area can conveniently go grocery shopping at UFM Fuji Super, a Japanese-run supermarket which is positioned on Sukhumvit 39, near the junction adjoining Phetchaburi 38/1 as well as 500 metres from the houses of Quarter 39. On top of that, they can indulgingly relish Korean style barbeque served with greasy and full-flavored cheese at Saranghae BBQ & Cheese Bomb restaurant sided by Baan Phrom Phong on the same street. But for those finding different style of food making more sense, they’re offered with other three decent choices that shall make them never forget, beginning with Kram, a home-made Thai-cuisine restaurant with the entire place furbished in pure white located on Soi Phob Mit (400 metres from Quarter 39), Whale’s Belly, a fascinating French restaurant with pleasant atmosphere housed within 39 Boulevard Tower (700 metres from Quarter 39) on Phrom Chit Alley, and The Em District at Phrom Phong station, comprising three ample malls, two of which (Emporium and Emquartier) have already been open and the remaining EmSphere is expected to be open in 2018.
Analysis
The price of THB 30M/unit might have taken many property investors by surprises but a great return on this seemingly fearsome investment can be quite forgiving. Not to mention the prime location pinning in the heart of Central Bangkok, these places sit on the land of which values augment by 5% on annual basis. More importantly these real estates are freehold, meaning that only Thai citizen shall gain property to exclusively own them, encouraging a greater chance of success for Thai owners to offer high rent prices to affluent buyers from overseas. Currently the selling price of estates within this zone is THB 0.6M/square wa.
Nearby Condos
1. Parc Priva
Developed by Narai Property, which is the parent company of the subsidiary that is developing Quarter 39, these luxury homes are based on Tien Ruam Mit road (Huai Kwang), close to Rama IX MRT station. There are 60 units in total, which are all 3-storey single houses ranging 57-102 square was in sizes and have two different floor plans; the 4-bedroom ( w 4 bathrooms) and 5-bedroom (w 5 bathrooms). The amenities at the project include a public park, pool and fitness centre. The total project area is 17 rais and the starting selling price is THB 34M per unit.
Parc Priva (Cr. parcpriva.com)
2. 749 Residence
5-storey twin houses of the city life, profoundly raised by Pannaphat Development, are in place on Sukhumvit 49/1 (Khlong Ton Nua), spreading over 0-3-34 rais of land. The total of 7 supremely prestigious units each occupy 35-43 square wa and have 5 bathrooms, 5 bedrooms, 5-car automatic garage, 1 indoor pool and 1 in-room lift as their selling points. The starting selling price is THB 65M per unit.
749 Residence (Cr. 749residence.com)
3. Mews Yen Akat
Another nearby ultra-luxurious town homes born to Raimond Land. It is located on Soi Yen Akat 2 (Sathorn) and commands 1-2-89 rais of land with a total of 9 combining single and twin houses with 4 storeys and spaces of 66.7-121.6 square was. Each unit comes with 4 bedrooms, 4 bathrooms, loft space, pool, and front and roof gardens. The starting price is THB 75M per unit.
Mews Yen Akat (Cr. mews-yenakat.com)
Summary
Cluster home only came to Thailand not so long after they had made large territories in Hong Kong and Singapore. Quarter 39 are beguile, as the cluster type, with the fitting size for single family and a full set of conveniences to ultimately exploit the luxury as desired, such as an on-site pool, indoor greenery spaces, nearby convenience stores, outdoor credited restaurants, and grand shopping malls. Luckily none of the pre-recommended places is out of reach, thanks to the good and tricky network of roads within this zone that allows for more convenient accesses to Thonglor, Asoke and Phetchaburi road outpacing the usual traffic on any main roads. This style of home, which shall re-animate the bland lives of householders afresh, is backed and adapted by the meticulous hands of NYE Estate and Koon Capital Partners to better suit Bangkokians.
The residents at Quarter 39 are without doubt guaranteed to be on time on every event in their tight schedule by taking shorter routes to exit onto Asoke, Thonglor and Phetchaburi road.
Quarter 39 are settled over 2 rais of land within Soi Phrom Phong (Sukhumvit 39), where there are numerous high rise condominiums they have to compete with. Although each of its units is priced high at THB 30M, there is not a single exact substitutable competitor to be afraid of and the land values in this area aren’t set in stone or but very prone to rise by approximately 5 percent annually. The estates of Quarter 39 are freehold, excluding the overseas investors to own them; only Thai citizen are eligible to be sole proprietors. Quarter 39 is a great consideration if someone is looking for an exciting but profitable investment with large budget on hand.