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.
After Ideo Mobi Sukhumvit 66 launch, Ananda discloses a new project with 15-metre walk from BTS Bang Chak, Ideo Sukhumvit 93. The project is comprised of three buildings where Building C is already sold out at the time of writing. Dense with facilities, Ideo Sukhumvit 93 features multi-sport courtyard, two swimming pools, rooftop garden, co-working space, etc. Aside from IDEOs’ iconic retail MaxValu, the project will feature Starbucks in the 2-storey building in front. As a matter of fact, the starting price is also an attractive number, considered a condo that would sit right by Sukhumvit Road.
(Reviewed: 29 November 2016)
Project Name: Ideo Sukhumvit 93
Developer: Ananda Development PLC. (ANAN)
Address: Sukhumvit Road (next to Sukhumvit 93 Alley), Bang Chak Subdistrict, Phra Khanong District, Bangkok (near BTS Bang Chak)
Website: ananda.co.th
Call: 02 316 2222
Project Area: 8-3-59.6 rai
Project Type: High-rise condominiums with 3 buildings (38, 27, 17 storeys) and 2-storey retail building
Total Unit: 1,332 units
Target market: Both local and foreigners who can capitalise on nearby public transit
Expected Completion: December 2018
Elevator: 4 passenger and 1 service elevators (Building B and C share the elevator area)
Parking: 1-4 Fl. for 616 cars (46% of units)
Facilities: Lonny, mail room, juristic person office, communal garden, recreational area, retails, swimming pools, saunas, fitness, kids playroom, co-working space, multi-sport courtyard, jogging track
Security System: Key Card Access, 24-hour security guards, CCTVs
Selling Rate: Building A 50% sold, Building B 80% sold, and Building C sold out
Terms of Payment: Booking Payment 30,000 baht, Contract Payment 3% of the unit price
Sinking Fund: 500 Baht/Sq.m. (single payment on the transfer date)
Maintenance Fees: 45/Sq.m./Month (1-year advance payment)
Starting Price: 2.49 MB
Average Price/Sq.m.: 130,000 Baht
Unit Type (Fully Fitted):
Studio 25.00 – 28.00 Sq.m. (2.49 – 4 MB)
1-Bedroom 1-Bathroom 31.00 – 47.00 Sq.m. (4 – 6 MB)
2-Bedroom 2-Bathroom 351.00 – 69.00 Sq.m. (6.6 – 8.9 MB)
Project Details
Ideo Sukhumvit 93 sits on an over 8-rai land plot that’s formally occupied as Bang Chak fresh market. As the market trend shifted with higher residential demands, Ananda came to acquire this piece of land to develop another project with proximity to a public transit. Ideo Sukhumvit 93 stands 38-storey tall and is divided into three zones with different building height and unit type each. Zone A will comprise 2-bedroom and Studio units and has its own elevator hall with 4 passenger elevators and 1 service elevator. Zone B and C which have lower heights will comprise mostly 1-bedroom units and share the elevator hall together. As a matter of fact, Zone C is already sold out at the time of writing. In architectural design, the project differs from the previous IDEOs with the Skywalk that connect between buildings from 5th to 17th floor. On the ground floor, you would still find the 24-hour convenient store MaxValu, but the new retail that new-gens will surely love is the Starbucks.
7th, 9th, 11st and 22nd floor plan. Building A is the leftmost one with majority of 2BR units (dark grey). Light grey units are Studios while the brown units are 1BRs which are all sold out in Building C
Unit Layout
Surrounding Views
Facilities
On the 5th floor are two swimming pools, 45-metre (Active Pool) and 25-metre with a Jacuzzi (Retreat Pool). Next to the large swimming pool is a glass-wall fitness with a unique double-volume design that would create an airy exercise atmosphere. On the ground floor is a Multi-Sport Courtyard which comprises a 500-metre jogging track, basketball field and recreational garden for you to wind down or utilise as yoga space.
Show Unit Review
Specifications
Flooring: 8 mm.Vinyl Laminate
Ceiling Height: 2.65 metre
Balcony: Starting length 1 metre, width varies on unit type
Door: Handle, peephole, and key lock
Furnishing: Fully Fitted
Kitchen Set: Counters from Starmark with sink, hob and hood from Mex
Bathroom Sanitary: American Standard
Air-Conditioning: Daikin
1-Bedroom 1-Bathroom 31 Sq.m.
The first zone is the living area which can accommodate a 3-seat sofa with remained space for a side table as shown in the picture
The storage has a recessed shelf design where you could store towels there. Inside the storage are shoes cabinet and place to keep cleaning tools
The bedroom can be placed with either a king-sized or queen-sized depending on how much remaining space you want to spare
The closed kitchen is fairly roomy for two people to cook together. You can add a wall-mounted drop-leaf table for a mini dining area as shown in the picture
2-Bedroom 2-Bathroom 57.50 Sq.m.
The unit has kitchen, dining area and living room as a centre area where the two bedrooms are located on each side
Kitchen and dining area are the first zone you will meet. The counters are more extensive and designed in L-Shape
Distance between the sofa and TV shelf is plenty to have a full leg stretch. The balcony is next to this zone
The air-con compressors are kept in the balcony
On the right is the walkway to the bathroom and small bedroom. Wall mounted shelves are just the show unit’s prop
Location
Bang Chak
Bang Chak is possibly the least explored area among other BTS stations on Sukhumvit Road. Being in-between the prosperous Thonglor-Ekkamai and booming Bangna District, Bang Chak is currently just a passage where you could hardly find astonished developments or any landmarks. Nevertheless, the existing BTS station (Bang Chak Station) is a necessary component for the future growth. In fact, most department stores and community malls in Bangkok are built with a proximity to a public transit. To explain, when land plots in other areas are running into shortage, developers would definitely shift their aims to Bang Chak.
Location
Bang Chak BTS Station (pic via Google Maps)
Ideo Sukhumvit 93 is located right by Sukhumvit Road, around 15-metre walk from BTS Bang Chak. As the traffic on Sukhumvit is normally jammed, you could take expressways and exit on Sukhumvit 62 which is a few hundred metres from the project. If you are driving someone to the project, you could also drop him/her on the opposite side as there’s a footbridge to cross conveniently
Getting There
BTS
Alight at Bang Chak Station, take Exit 5 and proceed with walk for around 15 metres, you will find the project on the right
Personal Vehicle
If you take an expressway, exit on Sukhumvit Road (Sukhumvit 62) and make a U-Turn to reach the project on the other side
Lifestyle Amenities
Bang Chak offsets the absence modern community mall with acclaimed tradition street foods. A few steps from the project is Rosdee Restaurant, an over-decades Chinese dining place that specialises on Steamed Rice with Roast Duck or Crispy Pork. At Bang Chak Station on the opposite side dwelled by another original Chinese Suki restaurant, Guangzhou Steamboat And Duck (Suki Guangzhou) where you can hot soup along myriad premium ingredients in old-days traditional atmosphere. For new-gens who love to chillax in a cafe, a close one is Chant’s Cafe which situates in Sukhumvit 58 Alley. The place is decorated in antique style with old-fashioned furnishings and ripped concrete wall, creating a nostalgia of Thai coffee shops in the past yet still look stylish to suit the modern-day trend. The recommended menu is Vietnamese Egg Coffee, an aromatic coffee brewed with yolk.
Neighborhood
Department Store
The Phyll
Tesco Lotus
Big C
Udomsuk One
Educational Institution
Anglo Singapore International School
Hospital
Kluaynamthai Hospital
Sukhumvit Hospital
Analysis
It’s a well-known practice among investors to reserve units early and resell the bookings to others with higher price before the ownership transfer date. This could explain why 1-bedroom units in Building C are sold out shortly as they have the lowest investment cost. The speculation also contains risk as if you cannot sell the bookings before the ownership transfer date, you would be obliged to purchase the unit with full price, which is not a small amount of money. On the other hands, renting a unit out is a typical long-term investment here. The average rent price per month is between 15,000-20,000 baht; however, the range is likely to surge through time due to growing residential demands in Outer Sukhumvit.
Benchmark
Project | Units | Usable Area (Sq.m.) | Average Price/Sq.m. | Starting Price (MB) |
The Line Sukhumvit 101 | 778 | 27.00 – 62.75 | 140,000 | 3.55 – 11.90 |
Whizdom Essence Sukhumviit | 664 | 33.70 – 209.60 | 140,000 | 4 – 29 |
Pic via sansiri.com
Project Name: The Line Sukhumvit 101
Developer: BTS Sansiri Holding Three Limitedบ
Address: Sukhumvit 101, Bang Chak Subdistrict, Phra Khanong District, Bangkok
Website: sansiri.com
Project Area: Approx. 4 rai
Usable Area: 27.00 – 62.75 Sq.m.
Project Type: 37-storey condominium with 778 units
Unit Type: 1-2 Bedroom, 1-2 BR Duplex
Parking: 70%
Average Price/Sq.m.: 140,000 Baht
Pic via mqdc.com
Project Name: Whizdom Essence Sukhumvit
Developer: Magnolia Quality Development Corporation Limited (MQDC)
Address: Sukhumvit 101/1 Alley, Sukhumvit Road, Bang Chak Subdistrict, Phra Khanong District, Bangkok
Website: mqdc.com
Project Area: 6-1-91 rai
Usable Area: 33.70 – 209.60 Sq.m.
Project Type: 50-storey condominium with 664 residential units and 2 commercial units
Unit Type: 1-3 Bedroom, SuperPenthouse
Parking: 71%
Average Price/Sq.m.: 140,000 Baht
Summary
With the attractive starting price and location next to a public transit, there’s no doubt why residential units are promptly sold out in Building C; some purchased for short-term speculations while other aim for long-term rent returns. In the aspect of quality, the project boasts the facility area with multi-sport courtyard, double-volume glass-wall fitness, rooftop garden, two swimming pools, and some more which give a feeling of clubhouse. Moreover, there will be Starbucks operating in the 2-storey building in front, besides the 24-hour MaxValu. The surroundings might be lack of lifestyle amenities to explore at the moment, but it offsets with traditional street foods that you might love to try. However, this doesn’t mean Bang Chak will stay traditional for the rest of time, there’s strong potential for the area to embrace new developments, with BTS Bang Chak being an important backbone to attract demands.