Project Review: TreeCondo Sukhumvit 50

  • Sitth Chongprasobtam
  • 17 May 2016

The newborn project of TreeCondo series developed by Big Tree Asset Co., Ltd. Stems from the concept of Simply Luxury Condominium, this high-end low-rise condominium has an order to embrace life with nature. The quality on every square inch results from a great competency that has been granted from several project successions. An outstanding benefit of TreeCondo Sukhumvit 50 lies in its location which is extremely close to the ingress-regress of both Ram Inthra – At Narong and Chalerm Maha Nakhon expressways. Furthermore, On Nut BTS Station is a 3-minute walk from the residence. There are great amenities in the vicinity such as Gateway Ekamai, W District and The Phyll; together with nearby Tesco Lotus to serve daily life needs. Coming with a starting price of only 101,000 Baht/Sq.m., there are more to discover the completion of urban lifestyle at TreeCondo Sukhumvit 50.

Tree condo S50

Repose in the exuberant urban life with intimate touches of verdancy

(Reviewed: 25 February 2016)
• Project Name: TreeCondo Sukhumvit 50
• Developer: Big Tree Asset Company Limited
• Address: Soi Sukhumvit 50, Phra Kanong, Khlong Toei, Bangkok

Tree Condo Sukhumvit 50

Sales Office of TreeCondo Sukhumvit 50

Project Area: 3 Ngan 98 Sq.w.
Project Type: 8-storey U-shape condominium with 118 units
Target Market: Buyers who seek a residence along BTS Skytrain
Expected Completion: Begins in the mid year of 2015, expected completion in the mid year of 2017
Security System: Key Card Access, 24-hour CCTV and Security Guards, Elevators which deliver passengers to a specific floor, and Digital Door Lock
Facilities: Lobby, Fitness, Swimming Pool with salt-chlorination, Jacuzzi, Sky Garden with jogging tracks, and Laundry Room
Elevator: Two elevators with specific-floor delivery
Parking: Underground Floor and 1st Floor (70% of the units excluding stacked parking)
Pre-Sales: October 2015
Selling Rate: 50% sold out
Sinking fund: 500 Baht/Sq.m.
Maintenance Fees: 50 Baht/ Sq.m./ Month
Starting Price: 3.25 MB
Average Price: 101,000 Baht/Sq.m..
Terms of Payment: 30,000 Baht Booking and 150,000 Baht Contract Payment for Unit Type 1B; 40,000 Baht Booking and 180,000 Baht Contract Payment for Unit Type 1+1B; 50,000 Baht Booking and 200,000 Baht Contract Payment for Unit Type 2B.
Website: treecondo.com
Unit Type: Fully Furnished
1-bedroom 32.5 – 42 Sq.m.
1 + 1-bedroom  49 – 62 Sq.m.
2-bedroom 67 – 86 Sq.m.

Project Details

TreeCondo Sukhumvit 50 is being developed with the determination to embrace urban life with greenery nature. With a few units on each floor, a great level of privacy can be felt. Along the excellent facilities, which contribute the brilliance of living residence. A minor drawback may be the surrounding obtrusive buildings that block the view. Nevertheless, the benefits of high privacy, myriad parking lots, convenience of expressways and Skytrain hinder the foible to put TreeCondo as an admiring urban lifestyle habitation.

Unit Layout

Tree Condo Sukhumvit 50

Type R: 1-bedroom 1-bathroom 39 Sq.m.

Tree Condo Sukhumvit 50

Type D: 1+1-bedroom 49-53 Sq.m.

Model of the Project

Tree Condo Sukhumvit 50

8-storey U-Shape residence with 3 m.-high greenish fence

Tree Condo Sukhumvit 50

The entrance of TreeCondo Sukhumvit 50

Tree Condo Sukhumvit 50

The area aside the project is an 8-storey condominium

Tree Condo Sukhumvit 50

The back of the project will be the parking of On Nut Tesco Lotus

Tree Condo Sukhumvit 50

The area on this side is the K Residence

Project’s Surroundings

Tree Condo Sukhumvit 50

The ongoing construction of TreeCondo Sukhumvit 50

Tree Condo Sukhumvit 50

6 m. in distance from K Residence in the south of project

Tree Condo Sukhumvit 50

The opposite of project is Bamboo for Rest, a hotel with 8 stories

Facilities

• Swimmin Pool and Jacuzzi
• Professional Fitness
• Sky Garden with Jogging Tracks
• Laundry Room
• Free Wi-Fi Areas
• Intelligence Security System

Tree Condo Sukhumvit 50

Swimming Pool and Jacuzzi is on the second floor

Tree Condo Sukhumvit 50

Sky Garden with Jogging Track

Tree Condo Sukhumvit 50

Another side of Sky Garden is an unwinding outdoor area

Perspective Pictures

Tree Condo Sukhumvit 50

TreeCondo Sukhumvit 50’s Lobby

Tree Condo Sukhumvit 50

Professional Fitness with a view of Swimming Pool

Unit Review
Flooring: Granite Tiles on Living Room and Kitchen, 8 mm. Laminate Tiles in Bedroom (Engineered Wood in Bedroom for 2-bedroom unit)
Ceiling Height: 2.50 เมตร
Balcony:  Starting 1 m. width and 2m. length
Door Lock: Digital Door Lock
Lighting: Downlight
bathroom Sanitary: Mogen (American Standard for 2-bedroom unit)
Furnishing: Fully Furnished
Air-Conditioning: Inverter

Tree Condo Sukhumvit 50

Unit Type J: Kitchen on the left upon entering the room with provided 2-seat dining table on the right; usable area is 35 Sq.m.

Tree Condo Sukhumvit 50

Light switches of the kitchen area and bathroom on the wall beside the dining table

Tree Condo Sukhumvit 50

Built-in kitchen countertops from Nettoline with soft-close function

Tree Condo Sukhumvit 50

Integrated sink from MEX

Tree Condo Sukhumvit 50

Hob with two cooking spots and hood from Mex

Tree Condo Sukhumvit 50

Circuit-Breaker and Switchboard on the wall near bathroom entrance

Tree Condo Sukhumvit 50

Bathroom Sanitary from Mogen, but 2-bedroom’s will be from American Standard

Tree Condo Sukhumvit 50

Shelf for bathroom accessories

Tree Condo Sukhumvit 50

Water Heater underneath the basin

Tree Condo Sukhumvit 50

The living room with provided furnishing as in the picture except interior decoration

Tree Condo Sukhumvit 50

Black frame aluminized sliding door leads to the balcony

Tree Condo Sukhumvit 50

The black steel barricade on the balcony

Tree Condo Sukhumvit 50

The balcony’s width and length is 1 m. and 2 m. respectively. The actual unit comes with a storage for washer and air-compressor. Front-load washer is advised to fit the space

Tree Condo Sukhumvit 50

Air-Conditioning Compressors

Tree Condo Sukhumvit 50

The bedroom is suitable for 5ft bed

Tree Condo Sukhumvit 50

A sliding door to separate the living room and bedroom

Tree Condo Sukhumvit 50

Provided working table beside the bed as shown in the picture

Tree Condo Sukhumvit 50

As well, provided a storage bedside the bed

Tree Condo Sukhumvit 50

Fix Window and Awning Window framed with black aluminum

Tree Condo Sukhumvit 50

On the opposite side beside the bed is a wardrobe with a broad mirror and a dressing table

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Location

Tree Condo Sukhumvit 50

Thanon Thang Rotfai Sai Kao Pak Nam, Chalerm Maha Nakhon Expressway, Ram Inthra-At Narong Expressway, and Soi Sukhumvit 50, in the four red areas respectively from the left

Holding an outstanding benefit of being real close to both expressways, Chalerm Maha Nakhon and Ram Inthra-At Narong, makes TreeCondo Sukhumvit 50 an ideal place for residents with personal vehicles. Great amenities are the necessary part of great city life, Gateway Ekamai, W District, The Phyll, and a plenitude of stylish restaurants justify this point without questions.

The recent land price appraisal shows that land price in Soi Sukhumvit 50 has increased by 33.54% or equals to 120,000-180,000 Baht/Sq.w., higher than the nearby land price of Sukhumvit 52 Alley at 110,000 Baht/Sq.w. Notwithstanding, the actual price in the market is higher by 10-15%. The potential consumers are foreigners that increasingly appear in the area of Outer Sukhumvit.

Soi Sukhumvit 50 connects to Sukhumvit 52 Alley which is an area full of low-rise condominiums as building a high-rise one is prohibited along the street’s width that less than 10 m. Besides, there is a mixture of luxury apartments and 3- to 4-star hotels. This resulted from the benefits being close to On Nut BTS Station with a 3-minute walking distance.

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Analysis

Residences within the 500 m. proximity of BTS Station are always the priority of consumers. TreeCondo Sukhumvit 50 is not only less than 300 m. from On Nut BTS Station, but extremely close to two expressways; these attributions boost its attractiveness with the average rent price of 600 Baht/Sq.m. or 18,000 Baht/Month for the unit of 1-bedroom with 35 sq.m. usable area.

Benchmark

Project Unit Starting Price (MB) Average Price (Baht/Sq.m.)
Hasu Haus Condominium 310 3.3 106,000
Mayfair Place Sukhumvit 50 353 3.49 120,000

Hasu Haus Condominium

Hasu Haus Condominium

Hasu Haus Condominium image via sansiri.com

Project Name: Hasu Haus Condominium
Developer: Sansiri Public Company Limited
Address: On Nut Road (Sukhumvit 77), Bang Chak, Phra Kanong, Bangkok
Website: sansiri.com
Project Area: 4 Rais
Usable Area: 31 – 92.25 Sq.m.
Project Type: two 7-storey condominiums with 310 units. Unit Type are 1-bedroom, 2-bedroom and 3-bedroom
Parking: 50 %
Starting Price: 106,000 Baht/Sq.m.

Mayfair Place Sukhumvit 50

Mayfair Place Sukhumvit 50

Mayfair Place Sukhumvit 50 image via mayfairplace50.com

Project Name: Mayfair Place Sukhumvit 50
Developer: PTF Realty Company Limited
Address: Soi Sukhumvit 50, Sukhumvit Road, Phra Kanong, Khlong Toei, Bangkok
Website: mayfairplace50.com
Project Area: 3-1-72 Sq.w.
Usable Area: 34.79 – 111.84 Sq.m.
Project Type: 3 Buildings: Building A with 14 stories, Building B with 7 stories, and Building C with 8 stories. Unit Type: 1-bedroom, 2-bedroom and 3-bedroom
Parking: 57 %
Starting Price: 120,000 Baht/Sq.m.

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Summary

TreeCondo Sukhumvit 50 is outstanding in the aspect of connectivity. On Nut BTS is just 350 m. or 3-minute walk away from the project. Residents can access nearby Ram Inthra-At Narong with ease to avoid high traffic on Sukhumvit Rd. The vicinity comprises of lifestyle amenities such as Gateway Ekamai, W District and The Phyll; together with Tesco Lotus to serve daily life needs. On Nut District is in the eyes of investors as it holds a potential to grow as a prosperous area; and a great amount of demands offset the competitive condition in this area. The project comes with the concept “Simply Luxury” with a focus to harmonise urban lifestyle with nature. If you are looking for a residence within the proximity of the inner city along variety of lifestyle amenities and daily needs, TreeCondo Sukhumvit 50 answers this pretty well.

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Eric Wong

Sitth Chongprasobtam