• Sitth Chongprasobtam
  • 22 December 2016

The Zea Sriracha was debuted a few years ago by Wealth Developer Co., Ltd., and now only half-year away to start accomodating residents. To recap, the project is the new tallest development in Sriracha District, standing beachfront 39-storey tall, while embracing greenery mountains landscape at the back. A great Japanese charm has been put into the design; residents will find unique facilities such as Onsen and Zen Garden, not to mention the Sky Observation Deck and Infinity-Edge Swimming Pool which can lift your stay satisfications here even higher. The project also assists investors with rent administration from agencies and guaranteed a 3-year yield rate at 21%, while annual rent is in the options as well.

 

The Zea Sriracha

Top-notch sanctuary with memorable zephyr of the seascape

(Reviewed: 6 December 2016)

Project Name: The Zea Sriracha
Developer: Wealth Developer Co., Ltd.
Sales Administration: Jones Lang La Salle (Thailand) (JLL)
Address: Sukhumvit Road, Si Racha District, Chonburi Province
Website: thezeacondo.com
Call: 091 736 9999, 038 324 333

 

The Zea Sriracha

Transcended habitation embraced by the gentle sea

Project Area: 3-2-9 rai
Project Type: 39-storey condominium with 585 units
Target market: local and foresign consumers, both home-buyers and investors
Construction Progress: Started in Q4 2014, expected completion in mid 2017
Elevator: 2 passenger and 1 service elevator
Parking: G-6 Fl. (218 cars excluded double parking)
Facilities: Lobby (1 Fl.) swimming pool, meeting room, library, kid playroom, fitness + yoga room (7 Fl.) swimming pool, recreational area, and observation deck (39 Fl.)
Security System: Key Card Access, 24-hour security guards and CCTV
Selling Rate: 80% sold
Terms of Payment: Booking Payment 20,000 baht, Contract Payment 5% of the unit price
Sinking Fund: 500 Baht/Sq.m. (single payment on the transfer date)
Maintenance Fees: 45 Baht/Sq.m/Month (1-year advance payment)
Starting Price: 2.59 MB
Average Price/Sq.m.: 80,000 Baht/Sq.m.
Promotion: Exclusive Round for reservations with fully-furnished units
Unit Type (Fully-Fitted):
1-Bedroom 1-Bathroom 31.70 – 35.40 Sq.m. 2.59 MB
2-Bedroom 2-Bathroom 60.00 – 73.00 Sq.m. 6.30 MB
3-Bedroom 3-Bathroom 111.10 Sq.m. 11.50 MB

 

Project Details

The Zea Sriracha stands 39-storey tall in L-Shape, where the back view are 3 greenery mountains and front view is the undulating sea of the Gulf of Thailand; these are ideal settings according to Feng Shui, a Chinese belief of how to locate a building. For interiors, the project has put in a little senes of Japanese style, such as bathtub in the room or Onsen in the facilities; a large number of them who work in industrial estates around here would find these features pleasurable. There are approximately 19 units per floor with a mixture of unit types and various views each unit enjoys; there are sea-view, mountain-view, and both-view rooms.

 

The Zea Sriracha

Model in the sales office shows the architectural design and beachfront landscape

The Zea Sriracha

The main entrance is right on Sukhumvit Road

The Zea Sriracha

Road around the project

The Zea Sriracha

Parking entrance

The Zea Sriracha

39-storey tall condominium

The Zea Sriracha

G Floor layout

The Zea Sriracha

Large units are located at the corners of the floorplan

The Zea Sriracha

The largest unit on the right is a 3BR

The Zea Sriracha

Unit layout and position in the floorplan

The Zea Sriracha

A square-layout 1BR unit

The Zea Sriracha

1BR unit with more usable area

The Zea Sriracha

2BR unit.

The Zea Sriracha

2BR unit with more usable area

The Zea Sriracha

3BR unit, the largest unit

The Zea Sriracha

The building is 70% completed

The Zea Sriracha

Corridor to residential units is approximately 1.50-metre wide

The Zea Sriracha

Fixed and awning windows at the end of the corridor which allow sunlight and natural wind to come in

 

Surrounding Views

The Zea Sriracha

North: greenery landscape and bluish mountains in the far distance

The Zea Sriracha

South: a coast embracing the sea

The Zea Sriracha

East: close view of the greenish mountains

The Zea Sriracha

West: beautiful seascape of The Gulf of Thailand (most wanted view)

Facilities

Besides the Onsen which separates men and women areas, residents will find a 30-metre long infinity-edge pool, saunas, fitness and yoga room, kids playroom, library and meeting room on the 7th floor. On the rooftop, there’s a Zen garden and another swimming pool with a skydeck to enjoy the magnificent view of sunset on The Gulf of Thailand. Meanwhile, the first floor is a high-end-furnished lobby with stately accomodation.

The Zea Sriracha

Infinity-edge swimming pool on the 7th floor which face toward the sea

The Zea Sriracha

7th floorplan

The Zea Sriracha

Roof plan (39th floor)

The Zea Sriracha

Classy lobby with a look of Japanese-style interiors

The Zea Sriracha

Fitness with the seaview

The Zea Sriracha

Onsen to repose in Japanese ambiance

The Zea Sriracha

Infinity-edge pool and The Gulf of Thailand

 

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Specifications:

Flooring: Vinyl-Laminate
Ceiling Height: 2.75 m.
Balcony: Starting length 2.20 metres, width varies on unit types
Door: Hardwood door with handle and manual double lock
Furnishing: Fully Fitted
Kitchen Set: Built-in counters with sink, hob and hood from Teka
Bathroom Sanitary: American Standard and Cristina
Air-Conditioning: Daikin or same quality brand

 

1-Bedroom 1-Bathroom 31.8 Sq.m. 

The Zea Sriracha

Kitchen zone is on the left upon entering the room

The Zea Sriracha

Hardwood door with handle and manual double lock

The Zea Sriracha

There’s peephole at the door

The Zea Sriracha

Bathroom is at the opposite of the kitchen. The flooring is Vinyl-laminate which could hardly swell with water

The Zea Sriracha

Cabinets underneath and above the sink

The Zea Sriracha

2-heating-spot hob from Teka

The Zea Sriracha

Integrated-designed sink into the dark-tone countertop

The Zea Sriracha

Bathroom comes with basin, toilet and a bathtub. The flooring are 30×60 cm. Granito tiles. The water heater from Stiebel Eltron is kept in the storage underneath the basin

The Zea Sriracha

Bathtub with a shower

The Zea Sriracha

The bathtub faucet can mix hot and cold water for your preferred temperature

The Zea Sriracha

The shower is a modest-sized and round-shape

The Zea Sriracha

Next to the kitchen is the living area which connects to the bedroom, partitioned by a sliding door

The Zea Sriracha

The provided fittings are a 2-seat sofa and coffee table as shown in the picture

The Zea Sriracha

The TV shelf is also given

The Zea Sriracha

The room appears to be more airy with a sliding door partition instead of opaque wall

The Zea Sriracha

A 5ft bed is provided for the bedroom

The Zea Sriracha

The 5ft size allows comfortable walking space around the bed

The Zea Sriracha

Dressing table and sliding-door closet at the end of bed

The Zea Sriracha

The balcony size is around 2.20 x 2.50 metre. There are water system and plugs in case you need a washing machine here

The Zea Sriracha

The air-con compressor is kept above as shown in the picture

 

2-Bedroom 2-Bathroom 73 Sq.m.

The Zea Sriracha

A 4-seat dining table is provided for this unit type

The Zea Sriracha

Close to the main door are bathroom and small bedroom. The kitchen space is much larger than 1BR unit’s

The Zea Sriracha

The living area is also larger and furnished with a 3-seat sofa, coffee table and TV shelf

The Zea Sriracha

The master bedroom comes with a king-sized bed, which does not make any cramped feeling

The Zea Sriracha

Hinged-door closet in the master bedroom near the entrance

The Zea Sriracha

The end of bed can be placed with a TV shelf  as shown in the picture

The Zea Sriracha

Master bedroom’s bathroom comes with a bathtub with a window to enjoy the view while leaning on (Fixed windows)

The Zea Sriracha

Shower room with Rain Shower for a quick wash, where the toilet is placed aside

The Zea Sriracha

The small bedroom comes with a 5ft bed instead. The given dressing table is right on the side of bed

The Zea Sriracha

The small bedroom’s closet is a little smaller than the master bedroom’s

The Zea Sriracha

The bathroom next to the small bedroom does not include a bathtub

 

2-Bedroom 2-Bathroom 70.4 Sq.m. 

The Zea Sriracha

Upon entering the room, you will find the kitchen and living area which are combined as a single space

The Zea Sriracha

The dining table is set at the centre of the kitchen zone. Counters are still in L-Shape design. The show unit also added a storage on the right (mirrored door)

The Zea Sriracha

Lower and upper cabinets in the kitchen zone

The Zea Sriracha

2-heating spot hob and space on the counter

The Zea Sriracha

Splashback are shiny materials which are convenient for cleaning

The Zea Sriracha

Living room with a 3-seat sofa, coffee table and TV shelf, is next to the balbony

The Zea Sriracha

Spacious balcony with 4.85-metre length which can accommodate a modern seat as shown in the picture. This unit also has the best view (facing The Gulf of Thailand)

The Zea Sriracha

Safety glass on the balcony rail

The Zea Sriracha

The master bedroom comes with a king-sized bed

The Zea Sriracha

The room enjoys a wide-angle view at the end of bed

The Zea Sriracha

Sliding-door closet with mirror on the side of bed. The bathroom’s entrance in on the right side

The Zea Sriracha

water heater is set underneath the basin. The toilet is placed in-between the basin and shower room

The Zea Sriracha

The bathtub is located in same area with shower

The Zea Sriracha

The small bedroom comes with a 5ft bed and sliding door on the side to the balcony

The Zea Sriracha

The lock on the sliding door

The Zea Sriracha

The air-con compressor is kept orderly in the balcony

The Zea Sriracha

The small bedroom comes with a closet on the side

The Zea Sriracha

The small bedroom’s bathroom does not have a bathtub

The Zea Sriracha

There are plugs for applainces near the basin area

The Zea Sriracha

The water-heater is set in the shower room

 

3-Bedroom 3-Bathroom 111.1 Sq.m. 

The Zea Sriracha

The largest unit type which are located at the end of the corridor on the floorplan

The Zea Sriracha

Kitchen, dining and living areas are connected as one space. The air-conditioning is a ceiling-mounted type

The Zea Sriracha

3BR unit comes with a grand island in the kitchen

The Zea Sriracha

Uniquely, the kitchen counter has a storage on the side

The Zea Sriracha

Multiple drawers at the island

The Zea Sriracha

2-heating spot hob on the counter

The Zea Sriracha

Hood from Teka

The Zea Sriracha

Integrated sink adds a modern look to the kitchen

The Zea Sriracha

Next to the kitchen is a spacious living room which connects to the balcony on the side (behind the curtain)

The Zea Sriracha

The TV shelf is given as shown in the picture (decorations and TV are not provided)

The Zea Sriracha

The balcony is much expansive that you can have some seats to unwind with the sea breeze

The Zea Sriracha

Walkway in front of the 3 bedrooms (master bedroom is the closest one on the left)

The Zea Sriracha

Before we head to the master bedroom, the bathroom in the common area features the fittings as shown in the picture

The Zea Sriracha

The master bedroom with a king-sized bed and closet on the side. The windows on the side illuminate the room efficiently

The Zea Sriracha

You might be amazed that there’s plenty of space remained at the end of bed, where you can have a mini living area

The Zea Sriracha

The carpet underneath the upholstery can give your bedroom a classy look

The Zea Sriracha

The TV shelf and working table are set against the wall

The Zea Sriracha

Master bedroom’s bathroom separates wet and dry zone

The Zea Sriracha

The wet zone comprises a shower area and bathtub

The Zea Sriracha

The other two bedrooms have a walkway leading you from the entrance to the bed

The Zea Sriracha

The first small bedroom has a closet across the bathroom

The Zea Sriracha

The shower room is quite roomy as shown in the picture

The Zea Sriracha

A 5ft bed is provided for this bedroom. The side window illuminates the room with sunlight

The Zea Sriracha

Aside the bed is suitable for a dressing table. Careful to measure the size before you purchase

The Zea Sriracha

The other small bedroom, as mentioned, has a walkway leading from the entrance to the bed. However, this room does not have a bathroom

The Zea Sriracha

Similar design with a 5ft bed and window on the side

The Zea Sriracha

Either a closet or a dressing table would be suitable aside the bed

The Zea Sriracha

The 5ft bed remains a sufficient space for a person to walk through

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Location

Sriracha District

The Zea Sriracha

Laem Chabang Industrial Estate  (pic from laemchabangportphase3.com)

Sriracha is a major district in Chonburi Province which plays a vital role in Thailand’s economy. Though comprised of long beaches and charming sea, a perfect setting for a pampered holiday-stay, the region is as well the prime hub for numerous industrial estates. More than half of the corporates in these industrial estates, in addition, are Japanese firms, whose employees are mostly Japanese. Likewise, a large number of Japanese indirectly affect developments in Sriracha to be built with a sense of Japanese style to suit the people’s preferences, including restaurants, community malls, and residences; some locals call this district “The Little Osaka.” In terms of the district’s transformation, Sriracha is also planned with several transportation and infrastructure developments such as U-Tapao International Airport’s expansion and Pattaya-Cha Am-Hua Hin ferry project. There are more transformations in Sriracha to be witnessed in the forthcoming years, as it is one of the nation’s pivotal tourist destinations

 

Project’s Location 

The Zea Sriracha

Map

The Zea Sriracha is a beachfront residence located right by Sukhumvit Road. The project can be reached from Bangkok via Motorway Road by approximately one hour. From Pattaya, it’s a 30-minute drive to reach via Sukhumvit Road.

The project’s surroundings consists plenty of lifestyle amenities. If you like to sunbathe, Bang Saen Beach is a good spot to lay down, which is just a short distance away. If you prefer to stroll with air-conditioned surroundings, there are Robinson and upcoming Central department store, both located by Sukhumvit Road. For those with children that need to attend school, there are Burapha University, Kasetsart Sriracha University, Assumption School and Dara Samut School. Nearby are as well Samitivej Hospital and Phayathai Hospital to accommodate any accidents.

 

Getting There

In details, there are two major routes to reach the project, Bang Na – Chon Buri Expressway and Motorway No.7. Stick with the sign “Sri Racha,” both route will eventually lead you to Sukhumvit Road. When you are on Sukhumvit Road, drive straight and make a U-Turn after you spot Thai Oil Gas Station on the left. The project will be on your left a short drive afterward.

The Zea Sriracha

Sukhumvit Road in front of the project

The Zea Sriracha

Thai Oil Gas Station on the opposite side of the project

The Zea Sriracha

Big project sign next to the project’s main entrance

The Zea Sriracha

You will find the project’s sales office near the project’s area

 

Lifestyle Amenities 

For photography and eateries, J Park Nihon Mura is a great choice to once explore. Of course, you will find a variety of Japanese restaurants. We have tried Hako Ramen, the one with the impressive genuine-taste soup, and Umai Kaiten Sushi who brings the Japanese traditional cuisines into different world, Fried Sushis. For those who prefer to have dinner with romantic ambiance aside the sea, J Add Seafood and Baan Kieng Lea are the two famous ones where you can enjoy fresh and savoury seafoods with chilling seabreezes at night.

J Add Seafood (5 km. away)

Hako Ramen in J Park Nijon Mura (8 km. away)

 

Neighborhood

Tourist destinations

Sriracha Toger Zoo
Khao Kheow Open Zoo
Ko Sichang

Grocery Shopping

Nong Mon market
Robinson Sriracha
J-Park Nihon Mura

Ports

Laem Chabang Port
Sriracha Habour Chonburi Port

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Analysis

There Sriracha District has high demands for renting, especially from Japanese whose work places are in the industrial estates around here. As a consequence, most projects inform a yield rate to attract the investors. The Zea Sriracha guarantees a 3-year 21% yield rate or 7% per year, which is quite a decent return. Moreover, unit prices and land values in Sriracha tend to surge by 20% each year, due to the residential demands and economic factors. Therefore, you could adjust the rent price when the market price is raised. If you want to resale, a unit here could be priced up to 150,000 baht per square metre, which is considered a sound rate.

Benchmark

Project Unit Usable Area (Sq.m.) Average Price/Sq.m. Starting Price (MB)
KnightsBridge the Ocean Sriracha 722 24.50 – 101.00 80,000 2.69 – 8
Plus Sriracha 498 30 – 51 76,000 2.3 – 3.8

 

KnightsBridge the Ocean Sriracha

Project Name: KnightsBridge the Ocean Sriracha
Developer: Origin Property PLC.
Address: Sukhumvit Road, Laem Chabang, Chonburi
Website: knightsbridge.origin.co.th
Project Area: 4-0-4.5 rai
Project Type: 36-storey condominium with 722 units
Unit Type: 1-2 Bedroom, Penthouse, Duplex
Parking: 40%
Average Price/Sq.m.: 80,000 Baht

 

 

Plus Sriracha

Project Name: Plus Sriracha
Developer: Serene Property And Development Co., Ltd.
Address: Nong Yai Bu Road, Surasak Subdistrict, Sriracha District, Chonburi
Website: sereneproperty.com
Project Area: 2-2-54 rai
Project Type: 25-storey condominium with 498 units
Unit Type: 1-2 Bedroom 30-51 Sq.m.
Parking: 50%
Average Price/Sq.m.: 76,000 Baht

 

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Summary

In spite of being an ideal property to repose, The Zea Sriracha also has great complements for investment. The project guarantees with a 3-year yield rate at 21%, and provides rent administration with agencies. The project sits in the location with high residential demand from Japanese. likewise, some facilities and designs are developed to be suiting Japanese residents; these include bathtub, Onsen, and Zen Garden. The project is also located right by Sukhumvit Road, the main road to be reached with convenience whether from Bangkok or Pattaya. The prominent points of the project are as well the attractive price and fully-fitted feature. There are not many high-rise project launches in Sriracha District, and The Zea Sriracha took this chance to be an outstanding one with such quality at the moment.

 

 

 

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Eric Wong

Sitth Chongprasobtam