• DDproperty Content Team
  • 29 December 2015

Star view

Star View

Looking back in 1997 the time when the economy bubble struck Thailand severely, Rama 3 was eye-catching for developing condos as there was growing consumer segment demanding for the riverside properties. After the economy’s recession, Rama 3 zone established itself as one of the business districts.

However the game changed when the urban planning initiative began in 2012 brought up the focus on Sukhumvit’s CBD, which caused Rama 3 zone to drop in attractiveness to investors. Still Rama 3 is on top of people’s minds because there are not many areas abutting the river that can be developed into condos.

It has become a competition among big brand developers to come and get a piece of this land. One of them is Eastern Star Real Estate who successfully developed Star View on the Rama 3 region at the cost of over 3.5BB. A super luxury condo coming with sky pool overlooking a scenic sky view of river and city cutting the sky line. Knight Frank coordinates them to help with the selling and marketing locally. The details are unveiled as follows.

Project Details (Latest Updated on September 17th, 2015)

Project Name: Star View

Developer: Eastern Star Real Estate

Agency: Knight Frank Chartered (Thailand)

Address: Rama 3 Rd, Bang Khlo, Bang Kho Laem, Bangkok 10120

Website: www.estarpcl.com

Project Area: 7-0-25 rais of land

Project Type: A high rise condominium including of a 44-storey building (Tower A) and 54-storey building (Tower B), totalling 556 residential units.

Project Star view

A straight-up view of Star View

Target: Single families and upgrading buyers.

Construction Completion: By the end of 2015

Security System: Keycard Access System, CCTV & Security Guard.

Facilities: A 100-metre long pool, fitness centre, library, sauna, lounge, 5-rai tropical garden, among others.

Lift: 1 private lift every unit

Parking: 564 parking lots in total (101%)

Selling Rate: 77%

Sinking Fund: THB 500/sqm

Maintenance Fee: THB 35/sqm a month (1 year in advance)

Selling Price: 8.45MB/unit or THB 110,900/sqm

Special Promotion of October 2015: A discount of 2MB on the purchase price and furniture gift voucher of 0.4MB.

Unit Type: 3 fully fitted layouts consisting of:

2-bedroom w 2 bathrooms & total living area of 77 sqm. A total of 414 units

2-bedroom w 2 bathrooms & total living area of 82 sqm. A total of 140 units

3-bedroom w 2 bathrooms & total living area of 163 sqm. 2 units in total (sold out)

 

Project Details

Type 2 bedrooms, 2 bathrooms, 77sqm

Type 1

Type 1

Type 2

Type 2

Type 2

Type 3

Type 2

Type 4

Type 2 bedrooms, 2 bathrooms, 82sqm.

Type 1

Type 1

Type 2

Type 2

Type 3 bedrooms, 2 bathrooms, 163 sqm

Type 1-3 - 163

Type 1-3 -163

 

Project Review

star view condominium by eastern star

star view condominium by eastern star

“StarView” is a 3.5 billion baht worth condo located perfectly overlooking Chao Phraya River and accessible via Rama 3 road. It expands over 7 rais of land with its outstanding appearance decked out with contemporary and modern design setting itself apart from the rest of its rivals nearby. It provides the best vantage point of seeing Chai Phraya River and comes with 1 private lift per unit as an exclusive feature. There are 8 units on each floor so there will be 8 private lifts each floor. The highlighted facility is the salt water pool as 42x100metre large.

ภาพซ้ายเป็นตัวตึกด้านทิศเหนือ ภาพขวาเป็นทิศใต้

The left photo shows the north of Star View borders upon Charoen Rat road and Krung Thep Bridge while the photo on the right is pictured with the condo’s southern part facing towards Rama 3 regional area.

ภาพด้านซ้ายเป็นตัวตึกด้านทิศตะวันออก ภาพด้านขวาติดถนนเป็นทิศตะวันตก หันไปทางแม่น้ำเจ้าพระยา

The left photo is pictured with the eastern side of the building whereas the right photo depicts the western side of building adjacent to the expansive Chao Phraya river.

SV Sales Kit  (002)_Page_07

โครงการอยู่ติดถนน

The condo entrance is located adjacent to the main road.

ถนนทางเข้าโครงการ

The entrance is guarded by the security guard.

ป้อมยามอยู่ด้านขาวมือ มีกล้อง Cctv จับภาพ ตลอด 24 ชม.

The CCTV is located next to the guard house monitoring every car accessing the condo.

ด้านซ้ายทางเข้า

The driveway to enter the condo is on left side.

ถนนทางด้านซ้ายวงรอบโครงการ

The driveway circumscribes the condo.

พื้นที่สวนด้านหน้า

The front garden is set out on the forefront of the condo

สวนหย่อมด้านหน้าโครงการ

The onlooker’s view of the front garden.

ถนนด้านหน้าโครงการผ่านตึก A - B

Take the left to the multi-storey parking building.

ตึกจอดรถอยู่ระหว่าง ตึก A-B

The parking space is situated in between Building A and B.

ภายในตึกจอดรถ

The inside of parking building.

Lobby ตึก B

The lobby hall of Building B.

บรรยากาศภายใน Lobby ของโครงการ

An expansive, airy room of the lobby with an enclosure of indoor treillage ceiling-mounted over the seatings and tables.

ทางเดินด้านขวารอบโครงการ

The walkway around the outdoor space of the condo.

สวนด้านหลังโครงการ

The tropical garden on the rear side of the condo is expansive and well-cared.

พื้นที่สวนนั่งพักผ่อน

Within the back garden there are outdoor seatings.

ชั้น 8 พื้นที่ส่วนกลาง อยู่บนตึกที่จอดรถ ระหว่างตึก A-B

A large green space consisting of lawn, sport ground, golf court, jogging track, pavilion, among others altogether located on 8th floor of the multi-storey parking space.

มุมมองจากด้านบนมายังสวนด้านล่าง

The bird’s eye view of the back garden.

ทิศเหนือ เป็นวัด

The expansive site of the temple can be seen at the north of the condo.

SV Sales Kit  (002)_Page_32

พื้นที่สวนบนชั้น 8

The 8th-floor plan of the parking space consists of an ample tropical garden and other green spaces.

SV Sales Kit  (002)_Page_33

สนามกีฬา บนชั้น 8

The sport ground on 8th floor.

SV Sales Kit  (002)_Page_15 SV Sales Kit  (002)_Page_16 SV Sales Kit  (002)_Page_17 SV Sales Kit  (002)_Page_18

ทางเดินด้าน หน้าลิฟท์ บริเวณชั้น 44

On the right when exiting the lift (44th floor), a narrow corridor led to the other rooms is present.

พื้นที่สวนกลาง

A multi-purpose room for public use.

ห้องเด็กเล่นอยู่ซ้ายมือของทางเดิน

The kid’s club room is the next.

จุดชมวิว

The walk-up staircase offers the vantage point of the most beautiful sight.

วิวจากจุดชมวิว

From this spot an unbroken expanse of Chao Phraya river comes into view.

พื้นที่ทางเดิยบริเวณจุดชมวิว

Go up the stairs to see a view of a greater sheer height.

วิวที่สวยที่สุด

After entering the highest landing, the matchless scenic view is rewarded. Exactly on the opposite side of the river is Kasikorn Bank’s office tower.

SV Sales Kit  (002)_Page_19

วิวทางทิศใต้ หันไปทางสาธร

Sathorn expands towards the southward direction.

sky pool ยาวเกือบ 100 เมตร

The highlighted facility, Sky Pool, is 100 metre long.

วันนี้ฝนตกแต่ก็ยังสวนจนอดตื่นเต้นไม่ได้

Sided by the pool is a line of decoration trees.

Layout Review

Type 1 2-bedroom has a living space of 77sq.m. and 2 bathrooms in it. There are 414 units of this type fully fitted with kitchen fixtures, bathroom sanitary, built-in cabinets and wardrobes.

Private lift ถึงหน้าห้องเลย

A private lift is located inside the room.

Private lift ถึงหน้าห้อง

After getting out of the lift you are in the entry foyer of your unit.

บรรยากาศภายในห้องจากมุมด้านซ้าย

A shoe cabinet is set against one side in the foyer. The glass sliding doors are the front doors. Looking inside, a living room is situated on the left adjacent to the balcony.

ภายในห้องมุมด้านขวา

The dining area sets on the right when entering.

มี Private lift ถึง 2 ตัว

The unit comes with a total of 2 private lifts.

ประตูออกไปยัง corridor

Within the entry foyer to the right lies a door opening to the corridor.

corridor ใช้เดินไปที่ service lift ห้องทิ้งขยะ  และทางหนีไฟ

The corridor leading towards the service lift, garbage storage, and emergency exit.

ช่องลมตรงกลางตัวตึก

The loftily atrium of the condo.

บรรยากาศภายในห้องนั่งเล่น

Decked out with several chic and modern items all over the extensive space.

ตัวห้องโปร่งโล่ง ความสูงจากพื้นถึงเพดานเกือบ 3 เมตร

The living room is almost 3 metre high from floor to ceiling.

ตัวอย่างการตกแต่งภายในห้อง

Sample interior design

จากมุมมองด้านนอก

A different scene of the frontal space.

ความกว้างของระเบียงประมาณ 1.5 x 2.5 เมตร

The balcony is 1.5×2.5m.

ด้านซ้ายของบริเวณระเบียง

The compressors are placed on the left of the balcony.

วิวด้านซ้าย จากห้องตัวอย่าง

The leftward view overlooking from the balcony of the sample unit.

วิวด้านขวา จากห้องตัวอย่าง

The rightward view from the balcony.

มุมมองจากบริเวณระเบียง

An all-embracing scene of the living area, taken from the balcony.

Starview-IMG_4962

ชุดครัวแบบบิวท์อิน

Kitchen cabinets are offered.

อ่างล้างจาน และเคาน์เตอร์บาร์

The sink is inlaid into the counter bar.

ถูกจัดให้เข้ามุมเป็นระเบียบสะดวกต่อการใช้งาน

Fully functional with well-proportioned storage for every item.

แอร์ซ่อนเพื่อความสวยงาม

Ceiling-mounted AC.

ทางเดินไปยังห้องนอนใหญ่ และห้องนอนเล็ก

This way leads to the other bedrooms.

ซ้ายมือของทางเดินเป็นห้องน้ำกลาง

On the way to the bedrooms, a bathroom is located on the left.

อ่านล้างหน้า

Inside of it there comes a sink.

มุมมองภายในห้องน้ำ

It’s fully equipped with sanitary.

ดีไซน์มาในแบบเรีบยๆ แต่ดูดี

The design is simple but elegant.

มีกระจะแยกโซนเปียกอย่างชัดเจน

The bathroom has a shower enclosed by the glass partition.

วัสดุที่ใชภายในห้องน้ำ

American Standard sanitary employed.

ออกจากห้องน้ำมองตรงไปเป็นห้องนอนใหญ่

At the end of the way lies the master bedroom

ขาวมือเป็นห้องโถงกลาง

Right next to the bedroom is the reception room.

ด้านขาวถูกบิวท์อิน

Built-in cabinet next to the bedroom’s door.

ทางเดินไปยังห้องนอนใหญ่

The master bedroom awaits the householder ahead.

ที่เปิดประตูเป็นแบบมือจับทุกห้อง

The lever door is installed for the room.

ด้านซ้ายมือห้องนอนใหญ่เป็นห้องน้ำส่วนตัว

It has a private bathroom.

วัสดุที่เลือกใช้ไม่แตกต่างกัน

Same sanitary and materials as the other bathroom are used.

เหมือนกับห้องน้ำด้านนอก

The sink as well is the same as that in the other bathroom.

แยกโซนเปียก

The wet zone is partitioned.

เครื่องทำความร้อนฝังในผนังเพื่อความสวยงาม ทีผักบัวอันใหญ่ด้านบน

The shower is equipped with the water heater.

บริเวณเตียง และพื้นที่โดยรอบ

Few shots of the bed zone

ภายในห้องนอนใหญ่ ก็ไม่ได้ใหญ่มากอย่างที่คิด

The bedroom is small and elegant.

เตียงขนาด 6 ฟุต แต่ก็ยังมีพื้นที่ด้านข้างเหลือๆ

A 6-foot long bed can perfectly fit in the space with bedside lamps.

อีกมุมนึง

At the end of the bed there is a dressing table, mirror and wardrobe.

มุมมองจากเตียง

A perfect spot to watch TV while rolling on the bed.

ตู้เสื้อผ้าอยู่ซ้ายมือของทางเดินภายในห้อง

A wardrobe is positioned near the doorway, on the opposite of the private bathroom.

ต่อกันที่ห้องนอนเล็ก

The small bedroom.

เตียงขนาด 3,5 ฟุต

It contains a 3.5 foot long bed.

พื้นที่ว่างด้านข้าง กับตู้เสื้อผ้า

The wardrobe is placed against the wall.

โต๊ะเขียนหนังสือแบบบิวท์อิน

A built-in desk is located at the end of the bed.

มุมด้านซ้ายและด้านขวาของห้องนอนเล็ก

A couple shots of the room from the bed.

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Location

The economy of Thailand started to look better around 2000, got back on its feet so did Rama 3 zone. Following the incident, a number of condominium projects rose within the area. By 2007 the land value even exceeded the amount it was before the economy setback.

In facts despite a number of condominium raised distributed along Chao Phraya River the area wasn’t even ranked top 5 hottest areas. Nevertheless the buyers are still coming around because they’re located near Central Bangkok and offering a unique, sweeping view of the natural streams of Chao Phraya River.

ทำเลที่ตั้งของโครงการ

The site location of Star View.

It was a long lived community expanding from the flat land on the south, which is the northern part of Star View. Therefore the view overlooking from the condo can encircle the entire scenery without any high rise structures obstructing. The condo is enclosed by virtually 4 metre high fencing separating from the outside. The only problem is the lack of nearby eating-out places. The residents have to drive to Central Rama 3 to find good dining places.

The condominium is near the main road and BRT Rama 9 Bridge station. There are main roads, expressways, outer ring bridge, among the ways through the convenient road system connecting with Sathorn and Silom. Traffic congestion can be the least of their worries. The selling point is the beautiful panorama of Chao Phraya River and peaceful, serene atmosphere.

Getting There

แผนที่โครงการ

The directional map to Star View

Star View is a riverfront condo located on Rama 3 road abutting Chao Phraya River over which Rama 9 Bridge extends. It’s also situated on the opposite of Chaloemphrakiat 6 Park as well as 200 metre from BRT Rama 9 Bridge station. The directions to Star View are available as follows:

Option 1: Drive along Naradhiwas Rajanagarindra road towards Rama 3 intersection, then make a right onto the road towards Rama 9 Bridge. Cross the bridge and stay on the right when reaching BRT Rama 9 Bridge station to make a U-turn.

Option 2: Drive along Chan road through the right-curving way abutting Sathu Pradit road towards Rama 3 road, and turn right onto the bridge Rama 9 crossing Chao Phraya River. As passing through BRT Rama 9 Bridge, stay on the right and take the U-turn.

Option 3: Drive along Ratchadaphisek road towards the intersection with Naradhiwas Rajanagarindra road. When reaching there, make a left on the road towards Rama 3. As soon as getting onto Rama 3 road, make a right and cross Rama 9 Bridge. Pass through BRT Rama 9 Bridge station, keep right and make a U-turn.

Option 4: Drive along Charoen Rat road until reaching the intersection with Rama 3 road, then turn the left. Stay on the road for a while and the condo shall be found.

ฺฺจาก BRT สถานี ช่องนนทรี - สถานี สะพานพระราม 9

BRT Rama 9 Bridge station, with a connection to BTS Chong Nonsi station.

เส้นทางขาออกมุ่งตรงไปยัง เจริญราษฎร์ และ สะพานกรุงเทพ

The 4-lane road towads Charoen Rat and Saphan Krung Thep.

โครงการอยู่ห่างจาก BRT สถานี สะพานพระราม 9 ประมาณ 200 เมตร

Located 200 metre from BRT Rama IX Bridge station is Star View condo.

มุมมองของโครงการจาก BRT สถานีพระราม 9

The unbroken loftiness of Star View condo overlooked from the flyover at the BRT station.

 

Lifestyle Amenities

รถเมล์ BRT ผ่านหน้าโครงการทุก 5-10 นาที

The BRT is coming to the stop every 5-10 minutes.

เส้นขาเข้าไปยังสาธร และยังสามารถ ตรงไปยังคลองเตย เลี้ยวซ้ายไปยังถนนจันทร์

Making a straight through the road leads towards Sathorn and Khlong Toei. But turning onto the left split will get the driver to Chan road.

ASIATIQUE The Riverfront: The riverfront al fresco mall of finest restaurants and entertaining hubs.

Bang Krachao: An ample open greenery for the city to breathe. This conservation area is also called the lung of Bangkok set along Chao Phraya River.

HOBS Rama 3 (house of beers): The hub of every kind of beer across the world.

THE UP Rama 3: A shopping centre as well as chilling place in a Portuguese style, newly open in Sathorn-Rama 3 region.

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Analysis

Those located either far from the river bank or nowhere near the BTS experienced the average selling price of 86,000 THB/sqm while those closer to or abutting the river had it to THB100,000/sqm. Since the condo is located adjacent to the river and the number of nearby units is limited, it constituted a profitable investment in the long term.

If you want to rent out, Knight Frank who is the condo’s agency, shall be at your assistance. The average rental price of 2-bedroom w 2 bathrooms is about 35,000-45,000THB/unit varied with the unit size.

Nearby Condos

brand_cd_333

cr. lh.co.th.

333 Riverside is a condominium project of mixed high- and low-rise buildings in proportion as 2:1, all situated in Bangsue zone, enclosed within 11-1-49.4 rais of land. The condominium offers 950 units for living ranging from 45.5-201.3 sqm in size along with 800 parking lots (78%). The starting price is 5MB or THB 120,000/sqm.

ex7

cr. www.menamresidences.com

MENAM RESIDENCES launched by Menam Residences Co.,Ltd. situated in Charoen Krung-Sathorn-Rama 3 zone offers 294 residential units with 1-3 bedroom, duplex and penthouse layouts in size of 44.00 – 284.00 sq.m. The entire project area covers 5-0-58 rais of land occupied by a 54-storey building and 345 indoor parking lots. The condo is expected by late 2016. Starting at 8.1MB/unit or THB 180,000/sqm.

140902fga5

cr. www.canapa.com

Canapaya Residences Rama 3 is developed by Canapaya Property transforming a land worth 4-0-51 rais into one 57-storey building of 224 residential units with 140% indoor parking space. The layouts available at the condo include 1-bedroom type (45sq.m.), 2-bedroom (85 and 93 sq.m.), 3-bedroom (92, 101, 147, and 148 sq.m.), penthouse (192, 227, 420 and 500 sq.m.), 2-bedroom duplex (77 sq.m.), and 3-bedroom duplex (137 sq.m.). The construction is expected to be complete in 2016. The price starts off at 6.2MB or THB 137,800/sqm on average.

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Summary

Star View is situated on Rama 3 road within the region that is in great demand—with all convenient accesses to CBDs and profitable opportunities of property ventures. In terms of investment, it’s on the record that the major financial districts of Sathorn, Rajadamri, Ploenchit and Sukhumvit, offer the highest average land price of over THB200,000/sq.m., while the other like Phahonyothing and Ratchadaphisek zones have in common the price of no less than THB 150,000/sq.m. because they have good potentials for investment and significant room for growth. Though it’s to a certain degree harder to develop condos on the spots beyond the citycentric areas.

Naratiwat, Rama 3 and Charoen Rat as well provide the pivotal piece for successful property investment. Just the past 1-2 years, there have been a number of condos and commercial properties settled down in various places enclosed within those zones. From these locations, beautiful views of different angles looking over Chao Phraya River shall exist. For Star View, it has a spectacular view of the river but also settles on the opposite of the Public Park in Commemoration of H.M. the King’s 6th Cycle Birthday, which makes it slightly outstanding from the other. The condo makes an attractive investment that should not be forgot.

This project review is written by Watchara, a full-time reviewer at DDproperty.com, the No.1 property listing portal in Thailand. For any questions, please email to watchara@ddproperty.com.

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Eric Wong

DDproperty Content Team