The incremental land price of the roadfront locations, especially those in citycentric landscape is upsetting the developers, but they didn’t let their game slip away by that but continued to tackle on how to pull themselves together on the high note. For building condos at lessened costs, they acquired portions of lands along the sidestreets, which are available in plenty, but encountered with some limitations that are futile to deny. The most common is they just don’t support the high-rise structures but low-medium rise towers. But Property Perfect took in their strides launching Metro Luxe project in 2014 including 5 condominiums distributed along the sideroads across Bangkok and neighbouring provinces. One of them is Metro Lux Rama 4 located adjacent to Bangkok University and near BTS Ekkamai as well as accessible via on-off ramp of the expressway. More infomation will be explored in the subsequent parts.
Project Details (Lasted Updated on January 6th, 2015)
Project Name: Metro Luxe Rama4
Developer: PF (Property Perfect)
Address: Soi Sataranaprayot, Rama 4 road, Phra Khanong, Khlong Toei, Bangkok
Project Area: 4-0-77.9 rais of land
Project Type: Three 8-storey buildings with 478 living suites and 10 commercial units.
Parking: G – 4th fl of Buildign B (40%)
Lift: 2 passenger lifts. No service lift.
Sinking Fund: THB 500/sqm
Maintenance Fee: THB 45/sqm a month
Selling Price 2.43MB
Average Selling Price: THB 108,000/sqm
Construction Period: December 2015 – December 2016
Unity Type:
Studio [22.5-23.5 sqm]
1 bedroom [24.2-39.0 sqm]
2 bedroom [46.2-48.5 sqm]
A snapshot at the inside of the sales gallery.
Metro Luxe Rama 4 was designed with the art of elegance and casual style thoroughly. What’s described as skin fabric pattern is incorporated onto both exterior and interior designs. The condo is fully equipped with on-site amenities with reference to the consumer’s urban lifestyle.
On-Site Facilities
In the space between the buildings is the Infinity Edge Pool, a large salt water pool with 1.5 metre deep adult zone and 0.7 metre deep kid zone. A fitness centre is inclusive of saunas and onsens, positioned in Tower C covering 2 floors, a combined area of 70sqm.
Tower B includes three-and-the-half-storey parking space.
A perspective view of 10x29m pool
The outlook of small park along the walkway.
Units located on the east of project area were sold out more quickly than the rest as reported on January 6th, 2015. The remaining rooms were those the size of 48.5 sqm with 2 bedrooms and 1 bathroom located on 5th floor at Building C. They orient towards the east with Building A set in front of them blocking the sun beams. Scenic views overlooking the entire condo’s open-air amenities featured by the swimming pool and park, are the highlights of those units favouring the hearts of exclusive and privileged residents. Starting at 5.7895MB/unit. Special promotion is to pay off the price through down payment using a credit card of any of Krung Thai, Thanachart or Siam Commercial banks in 10 equal monthly instalments. No further information about when this promotion is due on.
All units of Tower A were sold out for it sets on the eastern direction which has the best up-town view overlooking Bangkok University and good vibration according to Feng Shui.
The exhibits of 1 bedroom 28 sqm and 1 bedroom 32 sqm are publicly displayed at the sales gallery.
The room has a space area of 28 square metres housing 1 bedroom, 1 bathroom and 1 living room.
In the real selling unit, the room is fully fitted and provided with kitchen cabinets, wardrobe, 2 Mitsubishi air conditioners, and water warmer. In addition, the actual walls will not be painted in brown and yellow strips but in brown and grey.
Any furniture in place as shown will not be incorporated into the actual selling unit.
A kitchen is equipped with plywood cabinets together with artificial stone countertop. No appliance comes with the readily move-in unit. The balcony doors are glass sliding doors.
A dining table for two people can be put in a comfortable place by the wall.
Brownish tiles throughout the kitchen
1.5x2m balcony leaned out from the kitchen, composed of aluminium handrails and balusters.
The bedroom has walls of crème tone colour and a wardrobe wall-fitted. There are no bed nor furnishings offered. Still the space 1.5 feet wide from the end of the bed to wall is large enough to fill any desired items.
The wardrobe that comes with the room has mirrored, sliding doors, useful for seeing how the whole body looks like in the outfit.
The TV cabinet and shelf are wall fitted on the opposite of the bed, easily seen through the left corner of the eye when entering the room.
A solemn brown bedroom rendering solace and peace all night long.
4mm laminate wood flooring throughout
A bathroom has a fully functional set of sanitary ware and partition enclosing the wet zone.
The wet zone consists of shower rain, head, drainage, water warmer, and partition.
A large, all-white unit has 1 bedroom, 1 bathroom, and 1 living room compartmented within 32 square metres of living area.
The specialty about this unit is that even if it’s fully fitted, a resident shall make a request to the project owner to arrange for the interior design as illustrated in this snapshot at the cost of THB7,000/sqm.
The corner of living room abutting kitchen provides a good room for a small dining table.
There is the door around the corner of the living room to access the kitchen, and another door in the kitchen to the outdoor balcony..
The kitchen is equipped with the cabinets containing prywood doors and drawers and artificial stone countertop.
The kitchen is tiled with crème gloss tiles while the living room is floored with 4mm laminate wood.
The balcony is 1.5 metre wide.
The balcony has a height of 2.8 metres from its floor to the ceiling. A lighting and outlet are together with the balcony, wall-fitted.
The bedroom has a total space of 32 square metres all in white fitted with Mitsubishi air conditioner.
The bathroom room is located near the head of the bed, sided by a dressing table. In actual layout, there is none of any bedside table.
The bathroom can be bi-directly accessed from the living room and bedroom. It’s fitted with all sanitary from Cotto.
The wet zone is separated by a partition. Inside of it there are shower rain, water warmer, drainage and shower head.
Stainless steel handle.
Metro Luxe Rama 4 is situated on Soi Sataranaprayot (Soi Ban Kluay Tai), 450 metre from Rama 4 road. It’s surrounded by schools, university and public transit, and accessible via BTS and on-off ramp of At Narong 2 (Port) expressway. The condo unit of Metro Luxe Rama 4 can be easily rented out luckily thanks to being close to the university, a tremendous supply of mass students who need apartment/condo unit for rent to stay throughout their entire course requirements.
It’s not hard finding a place to buy and eat good food. The food stalls and similar shops are open from day into the night to cater to the students of Bangkok University at all. A market called At Narong Night Bazar is coming soon and will hold over 300 restaurants open till 11:00PM every day except Wednesday on which all shops are closed. In addition, amenities such as hypermarkets Tesco Lotus Rama 4 and Big C Extra Rama 4 are just the opposite of the condo on the other side of Rama 4 road with everything they want to buy.
Nearby Conveniences
Getting There
Drive along Rama 4 road passing through Kluaynamthai intersection. By the time reaching Soi Baan Kluay Tai, take the left onto it. Go down the street approximately 450 metres and the sales gallery can be found.
If coming here by BTS, get off at BTS Ekkamai and then take motorcycle/taxi at Soi Sukhumvit 42 to get to the sales gallery.
Drive through the Kluay Nam Tai intersection and continue along the road until reaching Soi Baan Kluay Tai (Soi Bangkok University) on the left, then take the left onto it.
Soi Baan Kluay Tai is lined with shops and food stalls.
Take off a 450 metre trip into the street to get to the sales gallery.
The average rental price of condominiums across Rama 4 region is approximately THB 500-600/sqm. Based on the rate, if buying a unit at THB 108,000/sqm, the annual yield of 5.25 – 6.3% will be rewarded.
Nearby Condos
–Aspire Rama 4 is a high-rise condominiums launched by AP (Thailand) along with 32-storey and 27-storey buildings housing a combined total of 1,432 units and 550 parking lots. The layouts include 1-2 bedroom with the space of 28 – 46.5 sqm. All units were sold out. The resale price started at 2.56MB/unit.
–The Room Rama 4 consists of one building of 35 storey setting out 286 residential units with layouts including 1-2 bedroom ranging from 43 – 85 sqm in size. The Land & Houses is a developer who raised this project. The starting price was 6.99MB/unit or THB 130,000/sqm on average.
Metro Luxe Rama 4 was 70% sold out as the concrete result of being located by Bangkok University where mass students crawl in heading for their classes, and all around by absolute resources for residents’ basic needs, including At Narong Night Bazaar, Tesco Lotus, Big C, among others. Those buyers rent out their purchased units to the students who are in search of lodgings for their whole undergrad years. The condo is only 8-storey high but that should benefit the residents who could use this chance to enjoy their privacy at home and cut themselves some slack off the school/work. This condominium is the sanctuary to which any householders can return from tiring days, and from which they can easily get to great conveniences to grab a big bite of delighted food and pick up stuff they need for themselves.
This project review is written by Kanchana Paha, a full-time reviewer at DDproperty.com, the No.1 property listing portal in Thailand. For any questions, please email to kanchana@ddproperty.com.
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