Project Review: Conner Ratchathewi

  • Special Advertising Feature
  • 9 August 2018

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Ratchathewi is one of the areas at the heart of Bangkok which answers comprehensive aspects of life including transportation and residency. Reaching places is easy with the BTS Skytrain. Need some shopping? Siam Paragon is a couple minutes’ walk away. Not to mention the reputable educational institutions and hospitals, this is the place strongly desired by dwellers and investors alike. In addition, the MRT Orange Line is soon to be a part of this sought after location too.

Maybe you want to know about this!   Why Is Buying Near To A Mass Transit Network A Wise Investment? 

The Creators HQ Co., Ltd. has joined hands with Sangfah Construction & Engineering Co., Ltd. to form C09 Co., Ltd. and – after having succeeded in the previous project C Ekkamai – set to create another phenomenon with this high-end project named Conner Ratchathewi, a luxury high-rise condominium with 38 storeys and 294 privileged units. One of the highlights being the units’ soaring ceiling height at 4.5 metres, and a broad range of innovative facilities. The BTS Ratchathewi is about 300 metres away, while the upcoming MRT Orange Line will be right at your doorstep. The price starts at 8.1 million baht.

Fast Facts About Conner Ratchathewi

Developer: C09 Co., Ltd. (The Creators HQ Co., Ltd. and Sangfah Construction & Engineering Co., Ltd.)
Sole Agent: Plus Property Co., Ltd.
Address: Petchaburi Road, Ratchathewi District, Bangkok
Website: www.conner-ratchathewi.com
Call: 09-3289-8988

Project Area: 1-3-21 rai
Project Type: Luxury condominium with 38 storeys and 294 units
Target Market: High-end consumers including residents and investors (The ratio concerning nationality being 55% Thais and 45% foreigners)
Construction Progress: The project is expected to start in 2018 Q4 and to be complete in 2021 Q4
Parking: Automatic Parking 232 cars or 78.9% of the total unit
Facilities: Lobby lounge, Concierge, Delivery Box, Waiting Lounge, Auditorium, Study Area, The Club, Meeting Room, Step Garden, Hideaway Courtyard, Observation Deck, Swimming Pool, Fitness
Presale: August 2018
Starting Price: 8.1-19.8 MB

 Figure out how much you can afford for this property!  

Unit Type
Simplex’s ceiling height: 3 metres. Loft’s ceiling height: 4.50 metres.
Loft 1-Bedroom 30-42 SQ.M.
Simplex 1-Bedroom 34.9-35.5 SQ.M.
Simplex 1-Bedroom Plus 50 SQ.M.
Simplex 2-Bedroom 2-Bathroom 69-73 SQ.M.

 

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Loft unit with a towering 4.50 metre ceiling

 

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Expansive master bedroom with Walk-in closet

Project Details

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Conner Ratchathewi is a luxury condominium conceived under the concept “The Future of Living” with an aim to raise the future standard of urban citizens. The project has a selling point in its facilities and innovations that would bring convenience to the residents and solve the problem they have to face in everyday life through the so called Pain-point perspective. One of the ingenuity includes the Vertical Forest scheme where over 150,000 trees will be planted across the project to trade off much pollution residents face in the city; this massive greenery will generate oxygen up to 121% of the total units, bringing nature as well as streams of water to be a vital part of this living sphere.

To answer the new generation’s needs more essentially, there’s Concierge Service and a Delivery Room to receive foods and parcels the residents have ordered; this room has a suitable temperature to keep the food stay delicious. Recreational areas include a private one and the Study Area. Conner Ratchathewi is the first project in Thailand to incorporate Australia’s HydroSmart innovation. Besides this, the automated parking also accommodates cars as many as 79% of the total unit.

Facilities
High-ceiling lobby arranged with relaxing corners

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Hideaway Courtyard to immerse in natural serenity

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The Club is a stately smoking room with air purifier and deodorizer 

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Co-working space for working, reading and resting

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Voluptuous swimming pool and fitness

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Location

Location

Plus Property’s survey has been another evidence that Ratchathewi is truly one of Bangkok’s gem locations; the area has gained positive influence from the passing BTS Green Line, and will have MRT Orange Line passing close by as well in the near future. Ratchathewi’s almost-nonexistent land is, of course, contrasting with dramatically high residential demand. The reason being is obvious: Ratchathewi adjoins to the bustling central business district Siam, prominent department stores, top-rank educational institutions, as well as international companies and embassies that foreigners love to be in proximity with.
In the past three years, the average price of condominiums in Ratchathewi has grown by 47%, supremely favorable for investments either by renting or reselling for capital gain. Comparing to the neighboring zone Siam where a parcel of land is appraised at 2 million baht per square wah and the condominium price has climbed as high as 300,000 baht per square metre already, condominiums in Ratchathewi is fairly less expensive.

Project’s Location

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Conner Ratchathewi’s map

Conner Ratchathewi sits on a most potential and futuristic location on Petchaburi Road, between Petchaburi Soi 10 and 12, having a sheer proximity to Ratchathewi Interchange and being merely 300 metres from BTS Ratchathewi.
The project is 1 stop away from BTS Siam and Phaya Thai Stations (connected to Airport Rail Link). CBD such as Asok, Silom and Sathorn are 5, 3, and 4 stops away respectively on BTS Skytrain. In a couple years’ time, the BTS Green Line’s extension (Mo Chit-Saphan Mai-Ku Kot) will also take passengers further northwards.

The real highlight is inevitably the upcoming MRT Orange Line (Taling Chan-Thailand Cultural Centre) that heads towards Ratchadaphiek-Rama IX and other Bangkok zones. One of its stations will be zero distance to Conner Ratchathewi.

There’re several accessible roads nearby such as Rama I Road, Rama VI Road, Rama IV Road and Sukhumvit Road. Sirat Expressway is close by as well if one needs to make time, with four entry points you can enter. 

 

Lifestyle Amenities

Important places around the project

Ratchathewi is full of recreational places, large-scale department stores, and many museums to learn history such as Jim Thompson House, Suan Pakkad Palace, Phaya Thai Palace and Bangkok Art and Culture Centre.

Though there’re plenty of food choices in Ratchathewi – including street food, renowned restaurants and trendy cafes – we recommend one to visit Kobe Steakhouse situated around Petchaburi Soi 5 and 10. The place has been running the business for over 40 years, which no doubt implies they’re expert at what they do. Kobe Beef is their specialty you shouldn’t miss, though sushi and sashimi are also available in the menu for diverse Japanese-food enthusiasts. The place is roughly 230 metres from Conner Ratchathewi, near Phet Phraram Junction.

Department Stores
Siam Discovery: 1 km
Platinum Fashion Mall: 1.1 km
Tesco Lotus: 1.2 km
MBK: 1.2 km
Siam Center: 1.3 km
Siam Paragon: 1.3 km
Siam Square One: 1.4 km
Big C: 1.6 km
Central World: 1.7 km

Hospitals
Phyathai 1 Hospital: 1.4 km
Rajavithi Hospital: 1.4 km
Ramathibodi Hospital: 2.1 km
Phramongkutklao Hospital: 2.3 km
Chulalongkorn University Thai Red Cross Society: 3.4 km

Educational Institutions
Siam Singapore International School: 170 m
Triam Udom Suksa School: 1.7 km
Patumwan Demonstration School, Srinakharinwirot University: 2.3 km
Chulalongkorn University Demonstration Secondary School: 2.4 km
Chulalongkorn University: 2 km

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Analysis

 

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Property Plus’s survey reveals that Phayathai-Ratchathewi Zone has a residential demand for condominium as high as 80-90%, above the average number of new projects in CBD and less demanded areas at 66%. Furthermore, the unsold units on this location are recorded at 300 units. Meanwhile, the yield rate is at 5% and an average rent price can be fetched around 20,000-25,000 per month.

Considering the quality of this location – where foremost office buildings, mixed-use developments, hotels, schools and mass transit lines are available at one’s disposal – there’s strikingly high real demand as well as demand from investors. Concisely, Conner Ratchathewi is an asset that can only multiply in value through time.

If you want to know more insight about Bangkok properties market, download the report DDproperty Property Index Q1 2018 and DDproperty Property Market Outlook 2018 

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Summary

For Whom is Conner Ratchathewi Suitable?

Conner Ratchathewi sits on a gem location 300 metres away from BTS Ratchathewi and zero distance from MRT Orange Line. The location is embraced by prominent department stores, forefront workplaces, unrivalled five or six-star hotels as well as reputable educational institutions. With these characteristics, Conner Ratchathewi is coveted for residency as well as investments.

One of the ingenuity includes the Vertical Forest scheme where over 150,000 trees will be planted throughout the project to trade off much pollution residents face in the city; this massive greenery will generate oxygen up to 121% of the total units, bringing nature as well as streams of water as part of this living sphere.

To answer the new generation’s needs more essentially, there’s Concierge Service and a Delivery Room to receive foods and parcels the residents have ordered; this room has a suitable temperature to keep the food stay delectable. Recreational areas include a private one and the Study Area. In addition, Conner Ratchathewi is the first project in Thailand to incorporate HydroSmart innovation from Australia. Besides this, the automated parking also accommodates as many as 79% of the total unit.

In sum, Conner Ratchathewi is a promising high-rise luxury condominium on a sought-after location, boasting a selling point in the unit’s super-high ceiling height at the starting price of 8.1 million baht. Owning a unit here is invaluable considering the value this location has to offer.

 

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Eric Wong

Special Advertising Feature