F R Brought to you by LPPEHM/FE/408/2016 (KL)
Slated to be the new central business district of Bangkok, The Rama IX-Ratchadapisek area boasts immense potential as an investment opportunity. And Bangkok residents know of its potential too, with big-name hotels, offices, lifestyle places and public transit built around the area. For those eyeing investment opportunities in this up-and-coming area in the ever-growing metropolis, let us point you to RISE Rama 9.
Property prices reflect Rama IX’s growing demand - condominium prices on Rama IX have risen from THB65,000 and THB70,000 in 2008 to between THB180,000 and THB200,000 per sqm this year. Meanwhile, present condominium prices of developments near BTS stations and the inner Bangkok city area have reached THB250,000 per sqm. With this in mind, Rama IX is slowly pacing towards that same tier.
Located on Rama IX Road, RISE Rama 9 is 600m from Pradit Manutham Junction and about 1.3km from ARL (Airport Rail Link) Ramkhamhaeng station. The project is developed by All Inspire Development, and comprises 600 units, spread over a quartet of 8-storey blocks.
It goes without saying that these new developments will bring about an increase in land price - the average price of land in the Rama IX-Ratchadaphisek area of Bangkok is now THB600,000 per square wah (4sqm), from THB200,000 five years ago.
Rama IX, due to its potential as a business hub, has seen strong demand for residences, thanks to the completion of new office buildings around the junction. The Stock Exchange of Thailand built its headquarters in the area three years ago and financial firms are expanding into the area as well. All these developments are away from the dense traditional shopping and business hubs of Sukhumvit, Sathorn and Silom.
With its target audience being the young, savvy employee, RISE Rama 9 comes decked out with various facilities to meet the needs of the generation. Facilities include a sky working space and glass meeting box for work; as well as a fitness gym and infinity lap pool for recreation.
Currently, office space is abundant in Rama IX-Ratchada, with 345,360 sqm in projects that have been completed and are open for use, with a further 59,820 sqm to be completed by the end of 2016. The rapid rise in office users will naturally spur demand for residential projects, with employees preferring to stay near their workplace if possible. Prominent office spaces within and near the area include Cyber World Towers, KPN Tower, Olympia Thai Tower, and The Super Tower (soon to be ASEAN’s tallest building). In terms of big names nestled in Rama IX-Ratchada, consumer goods giant Unilever has set up its Thai office in the area, followed by AIA, with the AIA Capital Center.
In terms of upcoming infrastructure, the MRT Orange Line - stretching 37.5km long, with 30 stations in all - is underway. The new transit line will bring about dramatic changes to Rama IX-Ratchada, with early buyers and investors benefitting from improved property prices. RISE Rama 9 is located 600m away from the upcoming Pradit Manutham station in the Orange Line. RISE Rama 9’s vicinity to ARL Ramkhamhaeng easily opens one up to the rest of Bangkok via rail. ARL Ramkhamhaeng is one stop away from Makkasan Station, which is linked to MRT Phetchaburi. The Sukhumvit MRT station is then just one stop away from MRT Pretchaburi. Whether it be MRT or BTS, one can easily make quick trips to other areas of Bangkok when they land at the Sukhumvit MRT station.
Bangkok is famed for its nightlife, and RISE Rama 9 is near some of Bangkok’s most vibrant night spots, with Ekkamai Road and Sukhumvit 55 just a short drive away (towards Sukhumvit Road). For other urban conveniences within its vicinity, one can find department stores like Show DC and The Nine Center Rama 9 near the development, as well as RCA Alley, a nightlife hub. Travel a little further, and you’ll find Food Land and Big C Supercenter located on Ramkhamhaeng Road - good for quick grocery runs. So for those looking to bank on the next big thing, RISE Rama 9 could be the one for you.
PROJECT DETAILS Land Area: 6-0-92 Rai Tenure: Freehold No.of units: 600 (4 blocks, 8 storeys each) No. of commercial units: 3 Car park: 1 per unit Room Type: 1 Bedroom: 25 - 33 sqm
Facilities: • • • • • • • • • •
OFFICE BUILDING UNILEVER G LAND CYBER WORLD FORTUNE TOWN OLUMPIA S TOWER FORUM SURMSUB KPN CMIC
DEPARTMENT STORE SHOW DC CENTRAL RAMA9 THE NINE SERI MARKET BIG C RATTCHADAPISEK ESPLANARD THE STREET RAMA 9 UNIVERSITY SRINAKARINWIROT UNIVERSITY ASSUMPTION UNIVERSITY
TRANSPORT AIRPORT RAIL LINK RAMKHAMHEANG STATION 1.3KM MRT RAMA 9 STATION 4KM MRT PRDITMANUTHAM STATION (ORANGE LINE) 0.8KM NEARLY EXPRESSWAY “RAMINTHRA-ANANONG” 2.3KM NEARLY SRIRAT EXPRESSWAY 0.8KM HOSPITAL PIYAVATE HOSPITAL PRARAM 9 HOSPITAL BANGKOK HOSPITAL
Sky Working Space (24 hours) Glass Meeting Box Futuristic Lobby Infinity Lap Pool Jacuzzi Lap Pool Gym and Boxing area RFID Car Access Security Elevator Convenience Store Coffee Gallery
Price: From RM270,000 Guaranteed rental return: 6% over 3 years
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INVEST IN BANGKOK
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x 3 YEARS %GUARANTEED RENTAL RETURN
• Starting from only RM270,000! • FREEHOLD • Fully Furnished • Bangkok’s new CBD • 500 metres from future MRT Orange Line extension (Station Pradit Manutham)
FACILITIES
• • • •
Sky Working Space (24 hours) Glass Meeting Box Futuristic Lobby Infinity Lap Pool
• • • •
Jacuzzi Lap Pool Gym and Boxing area RFID Car Access Security Elevator
• Convenience Store • Coffee Gallery
Contact us at: Long Shi Chuen (PV1848) +6012 373 5580 Cissy Tan (REN 05747) +6012 688 5700 Louis Yip (REN 01865) +6012 385 2878 Spencer Yeoh (REN 16354) +6017 536 0669 Nigel Chin (REN 09436) +6012 396 0307 Jason Sow (REN 17090) +6016 420 1103 LPPEHM/FE/408/2016 (KL)
JOINT MARKETING AGENTS:
25, Jalan Yap Ah Shak, 50300 Kuala Lumpur, Malaysia. Email: thaiproperty@henrybutcher.com.my Tel no. +603-2693 8380 / 81 | Fax no. +603-2602 1842