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.
Areeya Property PLC., a renowned developer with over 15-year expertise in real estate development, has launched a high-rise condominium in a strategic area on Din Daeng Road, just a 2-minute drive from Phra Ram 9 MRT Station. This potential location nurtures all significant investments and poised to be the new business hub of the nation. As a consequence, the demands for residence will inevitably exceed the supplies, especially condominium type. Likewise, “a space I.D. Asok-Ratchada,” a 30-storey condominium, is debuted as a response for the surging needs; coming with the distinctive points of blending the nature into urban-living habitation, along automated parking that can accommodate over 100 cars. It’s the new-generation condominium at the heart of business-hub area, commenced with the starting price at 3.69 MB, or 110,000 Baht/Sq.m.
(Reviewed: 1 June 2016)
Project Name: a space I.D. Asok–Ratchada
Developer: Areeya Property Public Company Limited (A)
Address: Thanon Din Daeng, Din Daeng, Din Daeng, Bangkok
Call: 1797 press 11
Project Area: 2-1-83.70 Rai
Project Type: 30-storey condominium with 543 residential units and 4 commecial units
Target market: middle classes, executives
Construction Progress: Begins 2013
Expected Completion: 2016
Security System: Key Card Access
Elevator: 3 passenger elevators
Selling Rate: 60%
Sinking Fund: 450 Baht/ Sq.m.
Maintenance Fees: 45 Baht/ Sq.m.
Parking: Automated parking 106 cars, parking building 112 cars; equals to 40% of residential units
Starting Price: 3.69 MB
Average Price/Sq.m.: 110,000 Baht/ Sq.m.
Idealist Type A: 1-bedroom 32.84 Sq.m.
Identity Type B: 1-bedroom 32.84 Sq.m.
Idyllic Type A: 2-bedroom 66.86 Sq.m.
Idea Type B: 2-bedroom 72.10 Sq.m.
A space I.D. Asok-Ratchada shows its distinctive points with over ten floors of automated parking and extensive-height lobby that makes this architecture seems like 40-storey skyscraper instead of a 30-storey one. The project has its identity in merging natures into urban-living habitation as much as possible. Likewise, the residential area is designed with greenery terraces that are about 4-storey high, the place where you can unwind and release all the troubles amidst natural breezes. Furthermore, the corridors are embraced with verdant plants on both sides to refresh your energy along the way to the unit.
The facilities are located both inside and outside the building. On the outside area, there are salt-water swimming pool and a greenery yard where you can practice golf-putting. Inside, there is a lobby on the first floor that comprises of lounge area and library. Moreover, there are fitness and meeting room on the M1 floor; sauna, steam rooms for each gender and laundry service on the M2 floor.
Surroundings of the project
Salt-water swimming pool
Sky High Garden
Vertical Garden Corridor
Flooring: 12 mm. laminate flooring
Wall: Plain whitewashed wall
Ceiling Height: 2.6 m.
Furnishing(Fully Fitted): Digital Password Door Lock, Built-in kitchen cabinets, hob and hood, built-in closet, air-conditioning, down light, bathroom sanitary
Air-Conditioning: 2 air-conditionings from Panasonic
Bathroom Sanitary: American Standard
Kitchen: fitting from Lixil (top-brand in the group of American Standard)
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Idealist Type A: 1-bedroom 32.84 Sq.m.
Idealist Type A: 1-bedroom size 32.84 Sq.m. (without interiors)
Identity Type B: 1-bedroom size 32.84 Sq.m.
Identity Type B: 1-bedroom size 32.84 Sq.m.(without interiors)
Upcoming mega projects in Asok-Ratchada
The Super Tower
The development of MRT played a significant role in stepping up “Asok-Ratchada” to be a vital business-hub area. The arrival of the underground triggered the sign for condominium developments to serve the residential needs at that time. Afterwards, two major department stores, CentralPlaza Grand Rama IX and Esplanade Shopping Mall followed to progress the prosperity; as well as the establishments of AIA Capital Centre and The Stock Exchange of Thailand. Nowadays, this area has become a business hub where you can find high-rise office buildings, department stores, notable financial institutes and other lifestyle amenities. However, the interesting point is the fact that there are mega projects pending to boost this area to a skyscraping level. First, Singha Complex will be a mixed-use development that comprises of offices, convention hall and retails; where its surrounding area will compose of luxury condominiums. Next, The Super Tower, a 125-storey skyscraper that is poised to be the national landmark and ASEAN’s tallest building. This magnificent architecture will involve Thailand’s first 24-hour office facilities, six-star hotel, fine dining venues and enclosed observation deck. Singha Complex and Rama The Super Tower are expected to completed in 2017 and 2019 respectively; and the completions will have a tremendous effect on encouraging investments and real estate developments in this area.
MRT Orange Line (Taling Chan – Minburi)
Besides the fact that project’s location can access several routes such as Sukhumvit Rd., Vibhavadi Rangsit Rd., and Sirat Expressway, there is an upcoming MRT Orange Line to expand the scope of your connectivity. The Orange Line will be covering 23 stations from Taling Chan to Min Buri District; and will have an interchange to MRT Blue Line at Thailand Cultural Centre MRT Station which is one stop away from Phra Ram 9 MRT Station. Together with being a significant business hub, the advancement in terms of connectivity will help complement this area the be the new CBD.
“a space I.D. Asok-Ratchada” is situated on Din Daeng Rd..,500 and 400 metres away from Rama IX Junction and Phra Ram 9 MRT Station respectively; it would take a 6- to 8-minute walk to reach the MRT, in addition. Besides, there is nearby Sirat Expressway where you can take this route to reach Suvarnabhumi Airport with ease.
Sirat Expy and Makkasan Station
From the project, turn right at Rama IX Junction, go straight and turn left at Chaturathit Rd; then, go straight for about 470 metres, you will reach the ingress-egress of the expressway. But if you decide not to take your personal vehicle, there is Airport Link at Makkasan Station that is just 1.2 kilometres away from the project. To reach the station, turn right at Rama IX Junction, go straight for about 600 metres and turn right into Thanon Kamphaeng Phet 7; then, go straight for about 300 metres, you will find Makkasan Station on your right.
The renowned one is definitely the CentralPlaza Rama IX where Phra Ram 9 MRT Station is on the opposite side. From the project, turn left at Rama IX Junction and go straight for a short distance, you will find the department store on your right. Additionally, there’s upcoming The Shoppes Grand Rama9, a project that comprises of office facilities, retails and condominium. Furthermore, the proximity area also included Esplanade Shopping Mall, Ratchada Train Markets, Tesco Lotus and Big C.
Besides all admirable restaurants in the department stores, the surroundings of the project also comprise of street restaurants that have settled in this area since the old days. As well, the project includes four commercial units to bring a great convenience in this aspect.
School and Hospital
For family-residents, there are educational institutes in the proximity such as Maepra Fatima School, Saint Dominic School and NIST International School. Furthermore, there is Praram 9 Hospital situated 1.4 kilometres away from the project.
AIA Capital Center
The Stock Exchange of Thailand
Cyber World Tower
G Land Tower Rama IX
The Super Tower Rama IX
Embassy of the People’s Republic of China
Embassy of the Republic of Korea
Department of Mental Health, Thailand
Central Plaza Grand Rama IX
Tesco Lotus Fortune Town
Big C Extra Ratchadaphisek
Esplanade Shopping Mall
Ratchada Train Markets
Thailand Cultural Centre
Praram 9 Hospital
Rutnin Eye Hospital
Maepra Fatima School
Saint Dominic School
NIST International School.
Wattana Wittaya Academy
In general, the average rent price of 3-4 MB projects, with the distances within 500 metres to Phra Ram 9 MRT Station, range at 12,000 Baht/ Month. However, a space I.D. Asok-Ratchada has a potential to fetch the rent price higher at 15,000-18,000 Baht/Sq.m due to automated parking feature and facility areas that are accounted for 40% of the project’s area. If you are planning to purchase a unit here as a habitation, you might want to have a look at some projects in Lat Phrao district, where the starting prices are in the same range but public transits are closer. Nevertheless, Phra Ram 9 district has a brighter future in the long run, due to many upcoming mega projects from forefront companies of the nation.
Developer: Bell Development Company Limited (affiliated company of Grand Canal Land PCL)
Project Area: Approx. 8-1-15 Rai
Project Type: 8 high-rise residences(27, 34, 36 and 43 storeys) with 1,992 units
Parking: 2,000 cars
Unit Type: 1- to 3-bedroom (fully furnished), Duplex size 28 – 110 Sq.m. (no interiors)
Elevator: 4 passenger elevators (2 in low zone and 2 in high zone), 1 service elevator
Starting Price: 3.2 MB
Average Price/Sq.m.: 80,000 – 120,000 Baht/Sq.m.
Developer: Major Development Estate Company Limited
Address: Soi Ratchadaphisek 3 (next to the embassy of the People’s Republic of China), Din Daeng, Bangkok
Project Area: 3-0-18 Rai
Project Type: Three 8-storey condominiums with 320 units and 1 sale office, 2 basement floors for parking
Parking: 55% of residential units
Starting Price: 3.5 MB
Average Price/Sq.m.: 120,000 Baht/Sq.m.
Aspire Rama 9
Developer: AP (Thailand) Public Company Limited
Address: Huai Khwang
Project Type: Two high-rise condominiums with 663 units and 1 commercial unit (Building A has 23 storeys and Building B has 25 storeys) (17 units/ floor)
Parking: 311 cars, equals to 46% of residential units (49% if included double parking)
Project Area: 4-2-48.3 Rai
Unit Type: 1-Bedroom 32 – 49 Sq.m.., 2-Bedrooms 49.2 – 66.2 Sq.m.
Starting Price: 3.1 MB
Average Price/Sq.m.: 96,800 Baht/Sq.m.
“a space I.D. Asok-Ratchada” has prominent points in the concept that brings great greenery as a part of urban-living habitation, and great facilities that are accounted up to 40% of project’s area. The location includes all aspect of life needs such as department stores, schools, hospitals, and public transit which situated 650 m. away from the project. Despite the level of privacy may be reduced by the great number of residential units, investing a unit here will be worthwhile as this area is poised to be the next CBD due to the coming of mega projects and MRT Orange Line that will expand the scope of connectivity. In consequence, the price of units will certainly surge higher, but it would, as well, balanced by more condominium supplies that come to serve the needs in this futuristic area.