New Project Preview: Ideo Mobi Asoke

  • Sitth Chongprasobtam
  • 24 August 2016

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Ananda Development Public Company Limited is soon to launch another high-rise condominium “Ideo Mobi Asoke.” This retreat will situate near Asok-Phetchaburi Junction, where MRT Phetchaburi is available just 300 m. away. As a matter of fact, this spot is a strategic position due to a multitude of upcoming mega projects that will boost this hub to be the new CBD of Bangkok. Interestingly, the developer revealed that this newborn project is coming with a distinctive feature to marvel real estate players. How astonishing the quality of this high-rise residence can bring, we are waiting patiently to see.

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Project Name: Ideo Mobi Asoke

Developer: Ananda Development Public Company Limited (ANAN)

Address: Petchaburi Road, Bang Kapi, Huay Kwang, Bangkok, 10310

Website: http://www.ananda.co.th/index.php

Call: 02 316 2222

“Register for special offer from now until 22 September 2016, with maximum discount at 200,000 Baht”
www.ananda.co.th/onlinebooking

Project Details

 

On-site Observation

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Ideo Mobi Asoke will be built on this landscape. This view will be the back of the building

Ideo Mobi Asoke is a high-rise condominium with 30 storeys sitting on this landscape which is flanked by two high-rise buildings. Inspite of being located near the new CBD where myriad lifestyle amenities can be found, a multitude of facilities is still inclusive for residents to appreciate. The front street is Petchaburi Road, while the back is an expanse of cityscape.

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Asoke-Petchaburi Junction near the project

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A footbridge to cross the street near the project’s entrance. There are some street restaurants on the other road side as well

 

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The project is underconstruction. There are some high-rise buildings behind the project

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Petchaburi 38 Alley, which is near the project

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Petchaburi 38 Alley comprises some street eateries and it’s a favourite passage among college students

Prasanmit Pier in Petchaburi 38 Alley with express boat on Saen Saep Canal

 

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Supalai Premier Asoke, another high-rise condominium near the project

 

Neighborhood

Public Transit

  • MRT Petchaburi – 300 m.
  • ARL Makkasan – 320 m.
  • BTS Asoke – 1.4 km. or 10-minute walk

 

Highway

  • Sirat Expressway

 

 

Lifestyle Amenities

  • Terminal 21 – 1 stop away (BTS Asok)
  • CentralPlaza Rama 9 – 1 stop away (MRT Phra Ram 9)
  • Emporium – 2 stops away (BTS Phrom Phong)
  • EmQuartier – 2 stops away (BTS Phrom Phong)
  • The Esplanade – 2 stops away (MRT Thailand Cultural Center)
  • Central Chidlom – 4 stops away (BTS Chidlom)
  • UFM Fuji Super – 1.4 km.
  • Ozono Park – 1.1 km.

 

Offices

  • Mid Town Asoke – 870 m. away
  • Prasarnmit Plaza – 1.2 km. away

 

Educational Institutions

  • Srinakharinwirot University – 170 m.
  • Saint Dominic School – 1.2 km.
  • Wattana Wittaya Academy – 3 km.
  • NIST International School – 4.8 km.

 

Hospitals

  • Rutnin Eye Hospital – 400 m.
  • Asoke Skin Hospital – 410 m.
  • Praram 9 Hospital – 2.4 km.
  • Samitivej Sukhumvit Hospital – 3.6 km.
  • Bangok Hospital – 4.7 km.
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Location

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From the project, you are close to Sukhumvit Rd, Rama 9 Rd, Sirat Expy, MRT Blue Line, and BTS Green Line

Ideo Mobi Asoke will be situated on a strategic location which is embraced by several CBDs as shown in the picture below. Moreover, the project will have MRT Phetchaburi located nearby just 300 m. away. Plus, just one stop away, you will find an interchange station to BTS Green Line at MRT Sukhumvit. To be specific, Ideo Mobi Asoke will be located near Asoke-Petchaburi Junction, where a lot of mega projects from big-name developers are soon to be launched. Thus, choosing this habitation is a worthwhile choice to cherish the fruitions of these edifices.

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Singha Complex

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Signha Complex is the first upcoming mega project we would like to mention. It’s a large-scale mixed-use development from Boon Rawd Brewery, a forefront beer and beverage producer of Thailand. The project comprises a luxury hotel, high-end residence, offices, and myriad retails. In addition, when the project is complete, the unit price at Ideo Mobi Asoke will definitely surge.

Makkasan Complex

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Second, Makkasan Complex is waiting to be another landmark, and it will be positioned not too far away near ARL Makkasan Station, on the area over 745 rai or 295 acres. The project comprises a complex mall and greenery park for visitors to unwind.

 

The Grand Rama 9 

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Third, this is a huge mega project which will transform this territory to be the new CBD. The Grand Rama will comprise the following highlights: G Land Tower, The 9th Tower, The Shoppes at Corridor, U Place (Uniliver), CentralPlaza Grand Rama 9, Belle Grand Rama 9, Luxury Hotel, and Office Complex.

Rama IX Super Tower

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This skyscraper is scheduled to be the tallest building in South East Asia with the height of 615 metres, stretching up towards the sky on the new CBD. The marvelous architecture will comprise offices and lifestyle amenities to attract local and foreign visitors, on the area over 320,000 square metres.

G Tower

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G Tower is one of the astonishing buildings in The Grand Rama 9 which is now being constructed aside Ratchadaphisek Road. The building offers grade-A offices for companies to invest and settle in.

 

MRT Orange Line

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MRT Orange Line is on its way to deliver a greater connectivity. It will lay an interchange station at MRT Thailand Cultural Center which is 2 stops away from MRT Petchaburi (Picture from pr-cr-mrta.blogspot.com)

 

 

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Analysis

If you are looking to invest by leasing a unit out, the average return would be around 12,000 Baht per month for the unit sizes between 21-24 square metres. In addition, the price and return will surge for certain, when the mega projects are fully finished. You might have to be patient and wait for a couple years to see the price leap.

Benchmark

THE LINE Asoke – Ratchada

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Another potential competitor of Ideo Mobi Asoke

Project Name: THE LINE Asoke – Ratchada

Developer: BTS Sansiri Holding Nine Limited

Address: 300 m. from Rama IX Junction

Project Area: 2.5 rai

Project Type: 38-storey condominium with 473 units, and 9-storey parking building with 1 basement

Starting Price: 3.99 MB

Average Price/Sq.m.: 168,000 Baht/Sq.m.

 

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Summary

Ideo Mobi Asoke’s strength lies in its strategic location; poised to be the new CBD of Bangkok, the project will sit in a significant hub where a great number of mega projects are soon to be launched. The starting price is around 170,000 baht per square meter, the price which is expected to surge when the surroundings start to embrace the mentioned mega projects. One challenge of the project could be the two high-rise buildings which flank the project on the sides. Nevertheless, the developer has disclosed that this newborn project will come with a unique feature. We have not recognised this secret highlight in full details, but the project is sure to be sold out within a short period of time due to the potential of this location.

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Eric Wong

Sitth Chongprasobtam