Project Review: The Trust Condo North Pattaya

  • DDproperty Content Team
  • 17 December 2015

The Confidence, a property subsidiary of Q House, has finally given away a glimpse into its latest project, “The Trust Condo North Pattaya”, which is contoured with curving parts and edges, in accordance with the concept the Curve of Life. This condo also features thought-out home designs constituting the grey indoor laminate flooring, striped wooden furnishings, and warm-toned colored walls. The Trust Condo also share the following characteristics in common with the other projects under the development of The Confidence, which can be described as having a large lobby hall furnished luxuriously and convenient on-site facilities featured by a large swimming pool and massive green space.

The Trush_DDIMG_7405-007

The inside of the sales gallery.

Project Details (Latest Updated on August 21st, 2015)

Project Name: The Trust Condo North Pattaya

Developer:  The Confidence Co., a subsidiary of Quality House

Address: Sukhumvit Rd, Pattaya City Naklua, Banglamung, Chonburi.

Official Website: http://thetrust.qh.co.th/index.aspx

The Trush_DDIMG_7460-043

The frontage of the sales gallery.

Project Area: 4-2-36 rais of land

Project Type: A 29-storey condominium offers 601 residential units in total

Estimated Net Worth:  1.2BB

Target: The primary target is Pattaya locals and those from neighbouring provinces. The secondary target is expats or overseas investors.

Construction Period: November 2014 –August 2015 (25% complete). Expected period for full completion: August 2015 –September 2016 (100%). The transfer of legal ownership of the property shall be permitted from January 2017 onwards.

Security System: 24/7 CCTV and key card access security system.

Residential Zone: 3rd-29th floors

Facilities: A 8×30-m salt water pool, resort-like garden, and fully equipped fitness gym all on 19th floor.

The Trush_DDIMG_7461-044

The condo entrance (under construction)

Lifts: 3 passenger lifts and 1 service lift.

Parking Space: 1st-2nd floors accumulating 143 car parks and 49 motorcycle parks (25% combined).

Selling Rate: 40 % sold out (as of August 21st, 2015)

Terms of Payment:

Booking:  Bt 5,000

Contract: Bt 30,000

Down Payment: 24 equal monthly instalments (15 % of the purchase price in total). The remaining balance is paid off on the transfer day.

Maintenance Fee: Bt 40/sqm a month (paid upfront on the transfer day in sum of 1-year amount)

Sinking Fund: Bt 400/sqm (paid on the transfer day)

Starting Price: 1.39MB/unit

Average Selling Price:  Bt 60,000/sqm

The Trush_DDIMG_7398-002

The condo model.

Unit Layout: 3 following fully-furnished types:

1) Studio: 23.4 sqm area. Starting at 1.39MB.

2) 1-bedroom:  1 bathroom. 29.3 sqm area. Starting at 1.89MB.

3) 1-bedroom:  1 bathroom. 32 sqm area. Starting at 2.39MB.

Project Details

The Trush_PerClubHouse 2-001

The beauty and magnificence of The Trust Condo North Pattaya derive much from the curvature of the building incorporated with unique quality furnishings found in every unit. The bathroom is of beyond standard value, with ultra-contemporary design and high usability and durability.

Facilities 

The Trush_PerClubHouse 4-003

A 8×30-m salt water pool.

The Trush_PerClubHouse 3-002

A fitness centre is also available at the condominium, with a complete set of exercise equipment.

The Trush_PerThe Trust  3-007

A serene park-like setting and pool is located on 19th floor, offering a genuinely tranquil retreat along with an endless view of the skyline and city.

Unit Layout Review

The Trush_DDIMG_7450-036

1. Studio, 23.4 sqm, fully furnished

The Trush_DDIMG_7403-005

In the studio, it offers 23.4 sqm living space. The bed/living room covers the main area of the unit, with the living zone abutting the entry door and the bed zone lying innermost.

The Trush_DDIMG_7409-010

A dining zone is put on the corner of the room that is next to the bed/living room. It’s also close to the balcony.

The Trush_DDIMG_7410-011

A bathroom can be easily accessed from the kitchen zone.

The Trush_DDIMG_7402-004

The door has a lever and key-lock system.

2. 1-bedroom, 29.3 sqm, fully furnished

The Trush_DDIMG_7416-014

1-bedroom layout is quite larger than the studio as it provides 29.3 sqm residential area..

The Trush_DDIMG_7434-027

The dining table is set near the entrance when entering.

The Trush_DDIMG_7440-031

A sink is located in front of the bathroom.

The Trush_DDIMG_7423-020

The living room in 1-bedroom unit is properly separated from the bedroom and given a proper amount of living space.

The Trush_DDIMG_7427-023

The balcony can be accessed from the living room through glass sliding doors.

The Trush_DDIMG_7456-039

The walls of bedroom are paneled in the matching schemes of colors with the furnitures.

The Trush_DDIMG_7443-032

The Trush_DDIMG_7445-033

A built-in set of bathroom sanitary is long lasting and tidy.

Usual Floor Plan

Door: All locks are key operated.

Floor-to-Ceiling Height: 2.5 metres

Floor: Gray Laminate Wood

Balcony: It has 1.1 metre width, faucet and drainage system laid.

Furnishing: Wooden

Kitchen Set: A sink, cabinetry and dining table.

Bathroon Sanitary: Fully functional

AC: 1 Mitsubishi 9,000 BTU

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Location

The Trush_PerThe Trust  1-005

The Trust Condo North Pattaya is sited on Sukhumvit road in the region of Pattaya that is famous for many available lifestyle amenities, educational institutes, official places, and beautiful natural sights, enough reasons for a buyer to quickly secure the lodging at this condominium.

Within driving distances from the condo are situated Dusit Thani College Pattaya Campus, Wuttichot Bilingual School, Pattaya International School, Kingston Pattaya Vocational College, Phothi Samphan Pittayakarn School, Pattaya City Hall, Mini Siam, Pattaya Bottle Museum, The Sanctuary of Truth, Bangkok Hospital Pattaya, Banglamung Hospital, Tesco Lotus North Pattaya, Big C, CentralFestival Pattaya, among others.

Getting There

The Trust Condo is established on an extremely desirable location allowing convenient access to anywhere in Pattaya and 2.5 hours from Bangkok by car—easily travel back and forth between here and there by taking on Motorway Route 7 for about 2 hours, reaching the outlying part of the town and continuing along the road uptown for another 30 mins.

The Trush_DDIMG_7468-050

There are a few renowned universities sited along the path toward The Trust Condo North Pattaya including Kasetsat University Siracha Campus, and Dusit Thani College Pattaya (Pattaya-Naklua Rd.).

The Trush_DDIMG_7463-045

An outstanding billboard of The Trust Condo can be easily recognized from afar, standing besides the condo entrance as well as in front of the sales gallery, amid all colorful décors.

Lifestyle Amenities

As mentioned earlier, the community is widely reputable for many attractions including Mini Siam, a home to miniature models of several famous places across the globe; Bottle Museum, not to be mistaken for a place exhibiting bottles from a century ago but in fact a place presenting miniscule building models contained in oddly shapely glass bottles; Underwater World, a giant tunnel deep beneath a massive, enclosed marine habitat of rare and weird aquatic animals; The Sanctuary of Truth, a castle-like Buddhist wooden temple housing an ancient truth and wisdom of Buddhism; CentralFestival the only major lifestyle hub in the city; and last but not least, the beautifully white sand and heated salty sea water of Pattaya Beach.

Mini Siam 

A very attractive tourist destination for both Thais and expats.

 

Bottle Museum

Bottle Musuem (Cr. bottlemuseum.net)

Underwater World

Underwater World, a museum housing a collection of rare and comely fish and marine creatures living in a set-up suitable environment. 

CentralFestival Pattaya

Central Festival Pattaya, a large exquisite mall full of amenities to satisfy every lifestyle.

The Sanctuary of Truth

The unseen place a visitor can find nowhere other than Pattaya. (Cr. sanctuaryoftruth.com)

Pattaya Beach

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Analysis

North Pattaya is the city that hardly sleeps; it’s always densely occupied by crowds overflowing the streets and roads constantly blocked by uncountable cars, from day into night. Regardless of political upheaval, natural disaster, economic downturn, or severely damaging event, it can somehow manage to go on and on. That phenomenon is the result of it being a centre of education and tourism, the 2nd highest earning per capita province, as well as one of the major industrial districts of the country. Therefore there is significant room in this regional market confirmed by the rent rate of nearby condos at Bt8,000-12,000/unit a month.

Nearby Condos

Lumpini Condotown North Pattaya-Sukhumvit

Developed by Lumpini Property Management and put up for sale for 1.15MB/unit. The sum of two 32-storey buildings comprises a total of 1,442 residential units in 1-bedroom size varying from 22.50-32.50 sqm along with 6 indoor shop units. The entire project area is over 7 rais of land.

55-Pattaya

Lumpini Condotown North Pattaya-Sukhumvit

Centric Sea Pattaya

Under the management of SC Estate Corporation, it’s settled on Pattaya 2nd road over the landscape worth 6-0-41.80 rais. It consists of 3 main buildings including 44-storey building, 32-storey building and 7-storey building offering 451, 463 and 85 residential units, respectively. The starting price is 2.19MB/unit, equivalently the average price of Bt 80,000/sqm.

CENTRIC-SEA-PATTAYA

Centric Sea Pattaya

NATUREZA ART NORTH PATTAYA

Launched by NC Housing Plc., a subsidiary of NC Group. This condo consists of 8 total buildings accompanying with 8 residential storey on the 4 main phases of condo area. The total residential units are 1,600 that come in 2 different layouts including 1-bedroom with space ranging from 28.6-37sqm and 2-bedroom the size from 56.2 sqm to 82.5 sqm. It can be accessed from Pattaya 2nd road. The starting price is 1.49MB/unit or Bt 52,000/sqm.

173269-1

NATUREZA ART NORTH PATTAYA

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Summary

The Trust Condo offers attractive package deals included in affordable prices for any categories of buyers to differentiate itself from those presenting package values of 3-20MB, exclusive prices only high-end consumers and overseas investors alike shall handle well. The Trust Condo is an exceptional option for home seekers who want to live in Pattaya and commute to work easily but also exploiting luxury the same way they do in the capital city. Investors can also enjoy the profitable opportunity of this condominium as it’s situated in the 2nd richest as well as financial and industrial province in Thailand.

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

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Eric Wong

DDproperty Content Team