Aquarous Jomtien Pattaya, a luxurious staycation residence that embodies the essence of modern living by the sea. This high-rise condominium features two towers, standing at 44 and 47 floors, comprising a total of 606 residential units and five commercial units. With prices starting at THB 4.21 million,
After the introduction last year, Raimon Land has officially debuted “The Lofts Asoke” with a show unit for interested ones to see. The chosen concept is “Industrial Loft,” a design that’s inspired from The Great Depression during World War II, when populations refurbished their barns to be a home. The distinctive point, therefore, is the extensive ceiling height, a rare style one could find in the prime area of Asoke. The project will be situated in the area that embraces holistic mass transit systems of BTS, MRT and Airport Rail Link.
(Reviewed: 10 May 2016)
Project Name: The Lofts Asoke
Developer: Raimon Land Public Company Limited (RML)
Project Area: 1-2-65.8 Sq.w.
Project Type: 45-storey condominium with 211 units
Target Market: Working people and residents in the proximity
Construction Progress: Begins mid 2016, expected completion at the end of 2018
Security System: Access Key Card, 24-hour security guards and CCTV
Residential units: 3 – 44 FL.
Facilities: Triple Height Lobby (G – 5 FL.), Lounge and Co-working area (2-3 FL.), Gym and Garden (5 FL.), Double Height Sky Garden and 25 m. swimming pool (31-32 FL.)
Elevators: 3 passenger-elevators (1,000 kg. max weight) 1 service-elevator (1,600 kg. max weight)
Parking: 100% of units, G floor – 21st floor can accommodate 204 cars with automated parking, and the area around the building can accommodate 5 cars. The automated parking consists of three rows, and it takes 3-4 minutes in average to have your car delivered on the ground floor.
Selling Rate: 50% units reserved
Sinking fund: 800 Baht/ Sq.m.
Maintenance Fees: 85 Baht/ Sq.m. / Month
Starting Price: 8 MB
Average Price/Sq.m.: Approx 230,000 Baht/ Sq.m. (Exclusive price until 15th May, the price will be higher by 3-4% afterward)
Terms of Payment: Booking payment 100,000 Baht, contract payment 10% ( 2 days after booking payment), down payment 15%, 30 month installments (after booking payment), and the rest 75% on ownership transfer date. More information at theloftsasoke.com or Call. 02 651 9600
Unit Type (Fully Fitted):
Loft Unit
1-Bedroom Type 1A 49 Sq.m. ( 3 – 23 FL.)
Type 1B 35 Sq.m. ( 6 – 30 FL.)
2-Bedroom Type 2A 87 Sq.m. ( 3 – 25 FL.)
Type 2B 86 Sq.m. ( 8 – 25 FL. )
Type 2C 74 Sq.m. ( 8 – 22 FL. )
Sky Loft Unit
2 BR DPX Type L2A 120 Sq.m. ( 31 – 43 FL. )
3 BR DPX Type L3A 130 Sq.m. ( 33 – 43 FL. )
Type L3B 145 Sq.m. ( 33 FL. )
*Units on the higher floors are priced higher by 2,000 Baht/Sq.m. approximately; corner units are priced higher as well
Project Details
Facilities
The Lofts Asoke integrates abundance of nature which pervades through landscape and facilities. The architecture will be designed in warehouse style with triple height ceilings on the ground floor to to the fifth floor. Besides, there are lounge and co-working space for residents to wind down and do their favorite tasks on the fourth floor; as well as double-height fitness that allows residents to enjoy the view of Asok Montri Road while exercising. And 31st floor includes Sky Garden and 25 m. extensive swimming pool with a panoramic view of city horizon.
Sky Garden and swimming pool on the 31st floor. 31-45 floor comprise of duplex units with green spaces on 35, 38 and 40 floor
Show unit
2-Bedroom size 120 Sq.m. (Duplex)
Duplex unit comes with fully-fitted feature and three interior designs for residents to choose as follows:
Raw: Antique rusty wallpaper that conveys the feel of transforming a factory to be a home
Bold: Plain concrete wall in loft-style that reflects the heart of an artist
Functional: Walls are designed in a mix of contemporary and conservative styles
Flooring is made with wooden-pattern ceramic tiles. The first floor comprises of living area, kitchen, dining area, bathroom and bedroom
Master Bedroom on the second floor with in-room bathroom, flooring is made with wooden-pattern ceramic tiles
More unit types can be viewed at Review: The Lofts Asoke
Location
The Lofts Asoke is situated on Asok Montri Rd, ahead of Saen Saep Canal and opposite to Rutnin Eye Hospital.
There’s more information about the location and how to get to the project at Review: The Lofts Asoke
Analysis
Duplex units will be purchased majorly for residential purpose with the starting price of 27 MB and 120 Sq.m. usable area. 1-bedroom unit is more favorable for investment; however, there’s half probability for buyers to acquire as a habitation as well. The average rent price of 1-bedroom unit is at 1,000-1,200 Baht/Sq.m./Month.
Land prices by Asok Montri Road are in the top five most expensive land plots; the market price is around 1.1 MB/Sq.w. (Data from AREA). The factor contributing the extreme land price in this area is the nearby mass transit systems of BTS, MRT and Airport Rail Link. Besides, land prices in CBDs also increase by 7-10% every year.
Benchmark
Developer: Singha Estate Public Company limited
Address: Asok Montri Rd, Khlong Toei Nua, Wattana
Project Area: 2-2-74.4 Rais
Project Type: 55-storey condominium with 419 units
Unit Type: 1-bedroom, 2-bedroom, penthouse, usable areas 37 – 195.5 Sq.m.
Parking: 100% of units
Starting Price: 207,000 Baht/Sq.m.
Q Asoke
Developer: Quality House Public Company Limited
Address: Asok-Petchaburi Junction, Bang Kapi, Huai Khwang
Project Area: 3 Rai 35 Sq.w.
Project Type: 41-storey condominium with 482 units
Unit Type: Studio, 1- to 4-bedroom, usable areas 30 – 269 Sq.m.
Parking: 85% of units
Starting Price: 206,000 Baht/Sq.m.
Developer: AQ Estate Public Company Limited
Address: Asok-Din Daeng Rd, Makkasan, Ratchathewi
Project Area: 1-2-66 Rais
Project Type: 29-storey residence with 315 units
Unit Type: 1-bedroom 1-bathroom 28-34 Sq.m.
Parking: 44% of units
Starting Price: 170,000 Baht/Sq.m.
Summary
Raimon Land has chosen the concept of “Loft,” inspired from the extensive ceiling height of Manhattan apartments; which, in addition, allows residents to have a greater focus on work according to psychological research. Through observation of the duplex show unit, the designs and tones of the room are very impressive as it caters a feel of living in an apartment abroad. While “Loft” has becoming a popular design, not every project exemplifies the style to the true core. The Lofts Asoke has shown the concept in an admiring point through duplex show unit, and we have to see how 1-bedroom unit will come out.