On Nut is a potential location to prosper (Get to know On Nut more at AreaInsider) as this long-history area comprises a plentitude of residences, shops and restaurants. Here, BTS On Nut is a major public transport (Projects near BTS On Nut), and it’s only a couple stops away to reach the upscale zones: Phrom Phong, Thonglor and Ekkamai. Such characteristics made On Nut captivating for investors looking for high-yield properties – either through rents or resales.
Search for Condominium with price less than 3 million baht
One of the shining projects in On Nut is Pentafield City Residence by Pentafield City Residence. The project, conceived for investors in particular, offers a full-service management for investment including outfitting and maintenance of the units as well as finding tenants for the owners.
Pentafield City Residence has a guaranteed yield rate at 6% for 5 years. After that, the project is willing to buy the unit back at 120% of the price, or, the owner can opt to continue earning an annual yield at 7% (*for the first 30 owners only). This campaign is ideal for investors seeking a stable return (no risk). The starting price is 2.79 million baht only.
What is condominium with guarantee yield rate and which one should you buy?
Fast Facts About Pentafield City Residence
Developer: Pentafield City Residence
Address: Soi Sukhumvit 50, Phra Khanong, Khlong Toei, Bangkok
Website: www.pentafield-sukhumvit50.com
Call: 0-2026-2107
Project Area: 150 sqm.
Project Type: Low-rise condominium with 8 storeys and 63 units
Target market: Investors seeking returns from rents and capital gains.
Elevator: 1 passenger elevator
Parking: 22 cars or approximately 35%
Facilities: Lobby, Communal Locker Room
Security System: Key Card, CCTV, Security Guard
Sinking Fund: 500B/sqm
Maintenance Fees: 40B/sqm/month
Starting Price: 2.79 MB
Unit Type
Studio 25 sqm.
1 Bedroom 26 sqm.
2 Bedroom 30 sqm.
Articles about buying house and condominium
How much can I borrow with current salary?
Project Details
Pentafield City Residence had been conceived as a condominium for investment, offering a full-service management for investment including outfitting and maintenance of the units. This is an ideal project for investors seeking facilitation in property investment.
Floor Plan
Pentafield City Residence consists of 8 storeys and 63 units. The parking lot is on the first floor, facilities on the rooftop, and residential units are located between 2nd-8th floor.
Residential units on 2nd-6th floor.
Residential units on 7th floor.
Residential units on 8th floor.
Unit Type
There’re many unit types to serve different sizes and lifestyles.
Type A-01 30.18 sq.m.
Type A-03 30.56 sq.m.
Type A-07 26 sq.m.
Type A-08 sq.m.
Type A-09 26.70 sq.m.
Show Unit Pictures
Knight Frank Thailand’s research found that condominium price from Sukhumvit Soi 1 to Sukhumvit Soi 63 (Early Sukhumvit to Ekkamai) stood at 181,800 baht per square metre at the end of 2017, a 15% climb compared to the year earlier. The figure for these areas has a tendency to surge as land shortage is looming, prompting developers to shift their interests on Outer Sukhumvit area (On Nut-Samrong). Outer Sukhumvit offers a lower cost of land, ample lifestyle amenities and the convenience of BTS Skytrain as well.
Condominium market on On Nut-Bearing-Samrong (from Sukhumvit Soi 77 or On Nut to Teparak Road, and Sukhumvit Soi 50 to Pu Chao Saming Prai Road) has property supply recorded at 62,361 units at the end of 2017. In terms of demand, projects launched during 2010-2017 on these areas had an average selling rate at 96%; for the year 2017 alone, the selling rate was at 65%.
For On Nut, the average property price is 105,600 baht per square metre, whereas in Ekkamai the number is at 154,500 baht per square metre, a 32% gap.
Other factors bolstering Outer Sukhumvit to be eye-catching for condominium investment include large-scaled mixed-use developments, the BTS Skytrain (Bearing-Samrong extension already in operation), and the MRT Yellow Line (Ladprao-Samrong) scheduled to join the transport network in 2021.
Pentafield City Residence’s location
Project’s Map
The project is located in Soi Saensuk, a smaller road in Sukhumvit Soi 50, a 3-minute drive from BTS On Nut Station. Here, residents can reach Sukhumvit Road, Rama IV Road, and Bangna-Trat Road with in short distances, as well as the Chalerm Maha Nakhon Expressway (entry near Sukhumvit 62) and Chalong Rat Expressway (entry near Sukhumvit 50).
Neighbourhood
Public amenities are abundant in the proximity. There’s 7-Eleven just 100 metres away too for basic grocery.
-BTS On Nut is 3-minute drive away. It’s a means to reach different areas in the city.
-Tesco Lotus at Sukhumvit Soi 50’s entrance, 950 metres from the project.
-Century Movie Plaza is 1 kilometre away on the opposite side of the road.
-Big C Extra is 1.4 kilometres away in Sukhumvit Soi 77 (On Nut).
Lifestyle Amenities
The Phyll Sukhumvit 1.3 KM.
M Tower 2.3 KM.
True Digital Park 4.2 KM.
Piyarom Place 4.4 KM.
Bhiraj Tower 5.7 KM.
BITEC 6.3 KM.
CentralPlaza Bangna 8,4 KM.
Bangkok Mall 5.9 KM.
Educational Institutions
Well International School 1.7 KM.
Srivikorn School 2.7 KM.
Anglo Singapore International School 3.1 KM.
Southeast Bangkok College 4.7 KM.
Berkeley International School 6.1 KM.
Bangkok University 2.1 KM.
Hospitals
Kluaynamthai 2 Hospital 4.4 KM.
Kluaynamthai Hospital 2.7 KM.
Sukhumvit Hospital 2.8 KM.
Analysis on expected return from Pentafield City Residence
Plus Property reveals a continuous real estate growth in On Nut, especially in the rental market that saw a 10% price growth in the past 3 years, passing that of Thonglor and Ekkamai. Prospective customers include Thai and foreigners, particularly Chinese, Singaporeans, Japanese and many expats. According to a survey the number of foreign tenants in On Nut rose to 70% in 2017 from only 56% in 2012. Condominiums in On Nut also generate a higher yield rate compared to Thonglor and Ekkamai where costs are extreme, forcing yield rates to be smaller.
Moreover, Pentafield City Residence is a condominium conceived for investment in particular. The project provides a full-service management for investment including the finding for tenants. The guaranteed yield rate is at 6% for 5 years, after which the unit can be sold back at 120% of the price, or, the owner can opt to continue earning a 7% yield rate per year (*limited to the first 30 owners only).
For Whom is Pentafield City Residence Suitable?
Pentafield City Residence is ideal for investors seeking a stable return and the convenience doing such investment. The full-service management includes outfitting and maintenance of the unit, as well as finding tenants for the owners. The project boasts a 6% guaranteed yield rate for 5 years, after which the unit can be sold back at 120% of the price, or the owner can opt to continue earning a 7% annual yield rate (*limited to the first 30 owners only). The project is also a 3-minute drive from BTS On Nut, a major means of transportation for urban citizens.Figure out how much you can afford, how much you should borrow, and more
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