Siamese Asset is set to launch a new project “Siamese Sukhumvit,” a luxury mixed-use development situated right on Sukhumvit Road with a walking distance to On Nut BTS Station. The developer launched this project as the first one this year and the presales will be held in midyear. Moreover, there’s online registration available for 10,000 Baht discount due 31 July this year. Currently, the project is under the construction, while the sales office is being built to accommodate “Exclusive Member” on the upcoming Exclusive Day.
Siamese Sukhumvit
(Reviewed: 26 April 2016)
• Project Name: Siamese Sukhumvit
• Developer: Siamese Asset Co., Ltd.
• Address: Entrance of Soi Sukhumvit 48/3 (On Nut), Sukhumvit Rd, Phra Khanong, Khlong Toei, Bangkok
Siamese Sukhumvit
Project Area: 1-3-79.6 Rais
Project Type: Building A comprises of 21 residential units, 5 floors of office operation and 2 basement floors for parking. Building B comprises of 39 floors with 339 units available, and 2 basement floors for parking.
Target Market: urban-living people in the proximity, and local and foreign investors
Facilities: Lobby, Fitness, Swimming Pool, Recreational Garden
Construction Progress: currently restoring the land plot condition for the construction. Expected completion in August 2019
Starting Price: Approximately 5 MB considering the location and other similar projects in the proximity
Website: siameseasset.co.th
Unit Type
1-bedroom size 24-35 Sq.m.
2-bedroom size 49-61 Sq.m.
Penthouse size 112-198 Sq.m.
Saimese Sukhumvit is a mixed-use development on the area around 2 rais, comprising of two buildings. Building A comprises of 21 residential units, 5 floors of office operation and 2 basement floors for parking, while Building B comprises of 39 floors with 339 units available, and 2 basement floors for parking. The number of units are not too high, which will result in a good sense of privacy. Unfortunately, some units may have their views blocked by the nearby 4-storey building and Diamond Sukhumvit condominium.
The left side of the project is Best Beef restaurant, the right side are 4-storey building and Diamond Sukhumvit condominium, and at the back is LS Apartment
Project’s site in the red circle
Currently restoring the condition of land plot for the construction
View of the Diamond Sukhumvit condominium which may block the view for some units
A cluster of 3-storey buildings in Soi Sukhumvit 48/3
The area next to Best Beef where it’s used to be a booming area in the old days
Phra Khanong – On Nut
The traffic from Phra Khanong to On Nut has become more dense due to a greater number of condominiums to accommodate a greater demands for residences in this area
Phra Khanong – On Nut has been a flourishing area since the old days. Baby boomers will remember the renowned Thai Daimaru department store that has been closed down more than a decade ago. Besides, the area was notable for myriad commodities, especially sewing materials which were very trendy at that time. In terms of real estate developments, commercial buildings with three stories were popular in the past, but now being depreciated and developments of condominiums come to play a vital role instead. You will see high-rise condominiums located by the main road while low-rise ones situated in the alleys, because the government restriction allows high-rise buildings to be built only if the street in front is at least ten metre wide. The convenience of BTS Skytrain has affected this area prosperously; likewise, many developers did not hesitate to buy land plots and built condominiums and hotels to accommodate the coming of demands for residences. In consequence, appraised land price in Phra Khannong – On Nut is at 120,000 Baht/Sq.w. at the moment.
On Nut BTS Station is 280 m. away or 4-minute walk from the project
Siamese Sukhumvit is situated at the entrance of Soi Sukhumvit 48/3 where On Nut BTS Station is 280 m. away. But if you want to travel by personal vehicles, the location also has a broad connectivity. You can drive to Srinagarindra Rd via On Nut Rd which is on the opposite side of the project. The route can take you further to Phattanakan Rd, Ramkhamhaeng Rd and Outer-Sukhumvit areas such as Sukhumvit 101/1 and Sukhumvit 103.
Getting There
Siamese Sukhumvit Map
BTS
Alight at On Nut Station and take Exit 2
Once descended from On Nut Station, walk straight for 280 m. passing Diamond SUkhumvit condominium; then notice the sign Sukhumvit 48/3, the project site is right next to the entrance of the alley.
Personal Vehicles
Route 1: From Bang Na, go straight passing Bang Na Intersection on Sukhumvit Rd. You will pass Sukhumvit 103 (Udomsuk) and Sukhumvit 101 (Punnawithi). Keep going straight until you see Tesco Lotus on the left hand side, stay on the left lane. Once you have passed On Nut Junction, the project’s site will be on the left, next to Best Beef restaurant.
You can also take Thang RotfaiiSai Kao Pak Nam Rd to reach the destination, whether from Outer or Inner-Sukhumvit
Route 2: From Inner-Sukhumvit, take Thang Rotfai Sai Kao Pak Nam via Rama IV Rd. Then turn left into Soi Sukhumvit 50 which will lead you to Sukhumvit Rd. Once you have reached Sukhumvit Rd, turn left and go straight for 260 m., the project’s site will be on the left next to Sukhumvit 48/3 alley.
If you come from Soi Sukhumvit 50, you will be forced to turn left as shown in the picture
The traffic is quite dense in the morning , before afternoon, and in the evening
If you come by BTS, take exit 2 and you will see the walkway with many shops aside as shown in the picture
Sukhumvit 48/3
Walk a bit further, you will arrive at the project’s site as shown in the picture
Lifestyle Amenities (Phra Khanong – On Nut)
Tesco Lotus On Nut is 280 m. away from the project
On Nut was renowned with a place for tailor and beauty schools in the old days. It was a sought after place where people come to buy tailor machines and all the materials to do the tailoring activities. Not far from this area, there was Thai Daimaru, a famous department store around Phra Khanong where every baby boomer would recognise. Nowadays, these favorite places have been replaced with modernistic lifestyle amenities such as The Phyll Sukhumvit 54, Pickadaily Bangkok, Tesco Lotus, and Big C On Nut, despite some tailor schools still remained. Besides, it’s an area full of eating places. You will find a lot of them ranging from street ones to well-look restaurants. The On Nut Market on the opposite side also comprises of countless foods for you as well.
Tailor & Beauty school which was trendy in the old days
“Moo Ka Ta Toong Tong,” a popular pork-grill restaurant in this area, 180 m. away from the project.
Best Beef is right next to the project
On the opposite side of the project, there are market, eating places and a lot of commodities. Big C On Nut is on this side as well
Phra Khanong Police Station
Phra Khanong Fire Station
Benchmark
The picture illustrates competitors in the proximity with the starting prices ranging from 130,000-160,000 Baht/Sq.m.
Siamese Sukhumvit is gaining a lot of attention from buyers and investors due to its characteristic of being a high-end mixed-use development and a walking distance to On Nut BTS Station. Moreover, it is rare to find new projects like this as feasible land plots are running out.
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,
CARAPACE Hua Hin-Khao Tao one of the interesting projects which is not far from Hua Hin. It is located at Khao Tao beach near Petchkasem road. There are many room types available. The space varies between 26 to 43.53 square meters. Full facilities access in the common area whether it be the Grand Lobby, All Day Dining, Fitness, Swimming Pool, Water park, Beach Club. The price starts from THB3.5 million.
Supalai Icon Sathorn is a 56-storey (not included rooftop) luxury condominium with 787 units. The project offers a variety of unit types, and is close to the BTS, MRT, BRT as well as the Rama 4 and Sathorn expressway entries. The starting price is 8.2 MB.
