To succeed in purchasing a condo that is right for you is to look at what play a vital role in that decision-making, through different lenses including psychological, time, financial, trend-related, and other aspects that change constantly by turns favourably and unsatisfactorily. But one factor that lays most impact on their decision is the prime location, which links to the easy access to the conveniences as well as the potential for profitable property investment. Discerning property enthusiasts highly estimated any spots that are adjacent to the CBDs of Siam Square and Pra Tu Nam, the most dynamic and economically favorable part of Bangkok, but the only locations in reality the developers had successfully secured for them were at best around BTS Ratchathewi station, which is one skytrain stop from Siam Square. Near Ratchathewi station, Ideo Q Siam-Ratchathewi condominium was developed and easily seen and accessed. It was born to the joint development between Ananda Development, Thai top-tier developer, and Mitsui Fudosung Real Estate, the first-rate Japanese developer.
A perspective outlook of Ideo Q Siam Ratchathewi
Project Details (Latest Updated on December 11th, 2014)
Project Name: Ideo Q Siam-Ratchathewi
Developer: Ananda Development
Address: Phetchaburi Rd, Ratchathewi
Project Type: A 36-storey building of a total of 550 units expanding over the landscape of 2-1-60.1 rais.
Parking Space: 1M-7 floors covering for 258 car lots
Unit Type:
1 bedroom 1 bathroom [29.5 – 37 sq.m.]
2 bedrooms 1 bathroom [51 sq.m.]
2 bedrooms 2 bathrooms [62 – 69 sq.m.]
Starting Price: 5.2 MB/unit
Average Selling Price: THB 176,271/sq.m.
Facilities:
The condo entrance faces towards the south, bordering on Phetchaburi Rd.
Sky facility floors covers both 29M and 30th floors.
The lobby extends 5-9 metres vertically.
A perspective picture of Sky Pool comprising an adult pool of 1.2 m depth and kid’s pool of 0.5 m depth and a Jacuzzi.
A fitness centre offers a stunning view of city seen through a glass wall window.
An exquisite, elegant sky lounge.
The largest green space is found on the1st floor embracing the entire condo. There is a small green space located on 8th floor to be seen.
The Social club and Game Room are a part of sky facilities which are situated on 29M and 30th floors.
Unit Floor Plan
1-Bed Type [29.5 – 37 sq.m.]
2-Bed Type [51 sq.m.]
2-Bed Type [62 – 69 sq.m.]
Unit Layout Review
1-Bed Type with 1 bathroom and a total area ranging from 29.5-37 sq.m.
The private lift is located along side of the front door of the unit.
The actual purchasing units are not equipped with anything shown in the room sample, only fully fitted.
A kitchen counter bar and cabinetry are set against the wall by the side of the front door and made of very fine wood fibers, which make them less prone to moist and don’t pose the shrinking and swelling potentials of the normal wood materials. The kitchen doesn’t come with a refrigerator or laundry machine.
White tiles throughout the kitchen. In the real unit, a door with digital door lock will be installed as the only access to the kitchen.
A MEX hob is inlaid on the counter bar.
Over-the-sink board for conveniently placing grocery items.
The doorway leads into the living room at the centre of the unit impressively proportioned and furnished with charmingly designed living items together with a Daikin AC or equivalent.
This room in the actual unit is only equipped with an AC.
This room shown at the sales gallery is arranged in halves for a fully-furnished living room and bedroom. In contrast, the actual unit’s room is only fully fitted and has all walls shaded in white.
The private bathroom can be conveniently accessed from this room, located side by side with a wardrobe and desk.
Fully equipped with a mix of Cotto and Kohler (or equivalent) sanitary and enclosed by granite tiled walls. Glass partitioned between wet and dry zones. The shower rain is provided in it.
The balcony has a length of 3 metres and width of 1.2 metres as well as crème tone floor through out. Its door is a glass sliding door framed with aluminium.
An AC compressor can be kept in store to prevent the heat from leaking out around the corner.
A lever door made of engineered wood fibers and equipped with a door cat’s eye.
2-Bed Type w 1 bathroom and 1 reception room. Total Area: 66 sq.m.
The same door features are selected for this unit.
The room is wisely arranged with a wardrobe placed against wall around the corner at one end of the room, whereas a tiny, curving glossy table set on another corner in the room and a bed is in the centre of the room.
The bathroom has the same floorings as the balcony and all walls tiled with granite thoroughly.
A mix of Cotto and Kohler sanitary (or equivalent) are all over the bathroom.
The private bathroom in a master bedroom comes with a shower rain, a bathtub and a partition separating wet and dry zones.
The kitchen equipped with a counter bar set made of wood fibers and accessed via a glass sliding door. It doesn’t have a refrigerator or laundry machine.
A refrigerator can easily fit in around the pillar in the corner.
The dining and reception areas do not come with any furnishings for the actual purchase units.
The balcony is accessible from the dining area. It’s 1.5 x 2.5 m in size and has a tiled flooring.
The small bedroom has a laminate wood flooring and a Daikin AC (or equivalent). It comes empty, unfurnished but fully fitted in the purchase unit.
The bathroom can be conveniently accessed from the bedroom and reception room. There is a partition setting aside the wet zone and the entire room is equipped with Kohler sanitary or equivalent.
Ideo Q Siam-Ratchathewi, a 36-storey condominium on Phetchaburi Road, is 390 metre from BTS Ratchathewi station as well as within easy walking of Phaya Thai interchange station (Airport Link/BTS). In future, the orange line will be strechted across the area with Pra Tu Nam station located the nearest to the condo. From the historical perspective, the land which had previously been occupied by the hotel named First Hotel was later destructured and reused for the development of Ideo Q Siam Ratchathewi carried out by Ananda Development. In terms of the design, Ideo Q Siam Ratchthewi is meticulously designed to suit an extensive array of lifestyles of the buyers in contemporary time. The highlight about this condominium is its futuristic design adorning the entire structure into an exquisite, ultramodern and awe-inspiring abode. Each condo unit is priced highly at initial but packed with wide-ranigng benefits compared with others near BTS and the CBD.
Located within driving distances of Pantip Plaza IT and Ratchathewi Intersection, there are 2 more luxury condos other than Ideo Q Siam Ratchathewi to be found, one of which is launched by the same developer and identified under the same brand name of Ideo, and another of which is called Wish Signature Midtown Siam, developed by Siamnuwat and located exactly on the opposite of Ideo Q Siam-Ratchathewi. All of them had the selling rate through the roof within a short range in time after the sales openning.
All around the areas of CBDs (Siam Square & Pratunam) are shops and lifestyle conveniences, clustering and forming Bangkok’s topmost attractions, also Asia’s recommended tourist destinations. Most buyers and investors took a liking in the idea of making a prized home within those areas in order to rent it out and generate income without a hitch or put it up for resale for generous profits.
Siam Centre, Siam Discovery, Siam Paragon are all located within around 650 metre distances of the condo.
First Phetchaburi Hotel before undergoing destruction to prepare the land for constructing Ideo Q Siam Ratchathewi
Getting There
A directional map pictures several routes a driver can take from any direction to arrive at the condo. More importantly, BTS line and Airport Rail Link are revealed to be passing by and conveniently accessed through BTS Ratchathewi station (only 100 m away) or Airport Link Phayathai station. After leaving the station, you can ride in a taxi to come to the condo.
By personal vehicle, turn north at Ratchaprasong Intersection past Central Chidlom towards Pra Tu Nam Intersection. Then make a left onto Phetchaburi Rd and stay on it until approaching Pathumwan Intersection. Look for a junction under the bridge to turn around and make a way back on the reversed lane. Keep going and the Sales office of Ideo Q Siam Ratchathewi will be found on your left.
Drive along Petchaburi Rd and pass by Pantip Plaza IT.
Inside the sales gallery
Outdoor Amenities
Ideo Q Siam Ratchathewi is within the zone famous for Asia’s leading fashion and lifestyle with several ultra-luxe and chic commercial centres consisting of Siam Square, Siam Centre, Siam Discovery, Siam Paragon and Central World. Also there are Platinum Mall and Pantip Plaza IT within reach where you can fill up your belly. Also street restaurants like made-to-order or such are surrounding those malls.
The high proximity to BTS Ratchathewi and Airport Link Phayathai interchange station which give easy accesses to commercial squares like Pra Tu Nam, Platinum Mall, Siam Square, Paragon, Central World, among other lifestyle places, is the main selling point of Ideo Q Siam Ratchathewi, accountable for its high selling rate. Starting only 5.2MB, a purchase price not hard to bear. Great potentials for investment including the rental prices ranging THB 20,000 – 35,000 a month for a room the size of 30sq.m., and gross rental yield rate of 4.68-8.20%. The average selling price falls between THB 160,000-180,000/sq.m. is expect to achieve no less than THB 200,00/sq.m. in no time, whether there will be any new rivals in store for it. Nevertheless overspending on the property, whether it’s Ideo Q Siam Ratchathewi or not, doesn’t guarantee generous returns as always.
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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