Investment Tips for Choosing a Rental Condo with <\/strong>BLOFT LITE Sukhumvit 115<\/strong><\/span><\/p>

            BLOFT LITE Sukhumvit 115<\/strong><\/span>: When discussing low-risk investments that yield continuous returns, many people immediately think of real estate investment. The government's ongoing development of multiple electric train lines is another positive factor that is improving the real estate market. Although land prices in all locations continue to rise, the announcement of the land and building tax law, effective in 2019, will impact landowners' plans for land use, potentially leading them to sell or rent out their properties to reduce tax burdens.<\/p>

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            From the perspective of real estate developers, these factors will further stimulate the need to introduce new products to the market. However, from a consumer's viewpoint, as land prices in the city center rise significantly, condo prices must also increase according to location. This has led many to reconsider whether investing in a condo in the city center will yield worthwhile returns compared to purchasing condos along new electric train lines that are in high demand for rent from middle-income individuals. Although these locations may be slightly further from the city center, commuting remains convenient, and prices are often half as much.<\/p>

Highlighting Prime Locations: Condos Along the Green Line Extension from Bearing to Samrong<\/strong><\/span><\/span><\/p>

           

  “Sukhumvit's Outer Area”<\/span><\/strong> is another prime location where various real estate developers are rapidly constructing new projects to accommodate the expansion of the Green Line electric train from Bearing to Samut Prakan. This area has significant growth potential, catering to both city workers and those employed in Samut Prakan. The proximity to the BTS Green Line extension allows city workers to reach key business centers like Sukhumvit, Phloen Chit, Silom, and Siam within 30 minutes without changing lines. The extension also connects to Samut Prakan and Bang Pu, providing convenience for those working in the industrial area. The Green Line extension from Bearing to Samut Prakan is expected to open by the end of this year. If you need to travel to Ladprao, Bang Kapi, Srinakarin, Theparak, or Samrong, you can use the Samrong station to connect to the Yellow Line, which is currently under construction.<\/p>

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            Additionally, the “Sukhumvit's Outer Area”<\/span><\/strong> is a developed area with several commercial projects, such as the BITEC exhibition center, Pirat Tower office project, Imperial Samrong shopping center, Big C Jumbo, and Bangkok Mall, a mixed-use project covering over 100 rai developed by The Mall Group, which includes a large shopping center, hotel, and serviced apartments.<\/p>

Final Steps to Choose a Condo in Line with Investor Style for High Rental Returns<\/strong><\/span><\/span><\/p>

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            Currently, areas along the BTS Green Line extension from Bearing to Samut Prakan, particularly around the Pu Chao Saming Phrai station, are becoming popular for condominium development due to being a community and job hub. The condo prices in this area remain accessible, ranging from approximately 1.5 to 3.5 million baht, especially compared to condos along Sukhumvit from Bangna to Asoke, which are no longer available at prices between 1.5 to 2.5 million baht. Thus, the relatively low price per unit meets the needs of office workers in the city center who wish to transition from renting to owning a condo for just around 10,000 baht per month.<\/p>

            For investors, this is the final opportunity to acquire condos at special prices, as prices in this area are likely to rise after the construction of the electric train project from Bearing to Samut Prakan is completed and operational by the end of this year. It is anticipated that prices will surge further when the North-South Green Line opens in 2020. Recent research by Knight Frank Thailand indicates that the average selling price of condos in the Sukhumvit outer area is currently 78,157 baht/sq.m., with an average annual growth rate of up to 7%. Therefore, investing in purchasing for rental or future resale is certainly a great opportunity.<\/p>

Recommended Fully Furnished Condos Ready for Rent, Perfect for Your Investment Style<\/strong><\/span><\/span><\/p>

            For investors with a budget, choosing to buy a condo priced under 2 million baht that comes fully furnished for immediate occupancy in a location close to the electric train is highly favored by many investors. This is partly due to the convenience of not having to purchase furniture themselves; adding just appliances like a TV, refrigerator, microwave, and washing machine can immediately increase the rental price of the unit.<\/p>

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            However, a crucial factor in choosing a condo is the quality of the furniture materials provided by the project. Therefore, selecting a condo for rental can be easier or more challenging depending on various factors. Besides having a good location with growth potential, the price per square meter should not exceed the average for each area, and the tenant demographic should be diverse. Additionally, fully furnished units have a higher chance of being rented out quickly.<\/p>

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            Currently, condos near the BTS Pu Chao Saming Phrai station are on sale and suitable for investment. Today, TerraBKK recommends the BLOFT LITE Sukhumvit 115<\/strong><\/span>, a low-rise 8-story condo with 78 units, a new project from ORIGIN<\/span><\/strong>. This project is special because it is located just 300 meters from the BTS Pu Chao Saming Phrai station.<\/p>

            The project features a total of only 78 units, resulting in 8-12 units per floor, providing high privacy. There are two sizes available with three layout options:<\/p>

  • 1 Bedroom 27 sq.m. Deep Room<\/strong><\/li>
  • 1 Bedroom 27 sq.m. Wide Room<\/strong><\/li>
  • 2 Bedroom 39.2 sq.m.<\/strong><\/li> <\/ul>

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    The design of the BLOFT LITE Sukhumvit 115<\/strong><\/span> project is unique compared to other projects seen before, as it emphasizes the practical use of space for residents. While most condos offer a single layout for 1 Bedroom units, the BLOFT LITE Sukhumvit 115<\/strong><\/span> project provides two different layouts for the 27 sq.m. 1 Bedroom units: one deep room with a full kitchen area and one wide room with clearly defined functional spaces. The 39.2 sq.m. 2 Bedroom unit is suitable for those needing more versatile space. Importantly, the units come fully furnished and are ready for occupancy by the end of this year, along with facilities such as a swimming pool and fitness center at an affordable price.<\/p>

    In summary, the BLOFT LITE Sukhumvit 115<\/strong><\/span> project from Origin emphasizes proximity, being just 1 minute from the BTS Pu Chao station, with prices starting at only 1.69 million baht, and importantly, this is the actual price without any lottery involved.<\/p>

    Anyone interested in purchasing for personal use or for rental profit should not forget to register for VIP booking rights on August 24 (only for registered VIP customers, who will have special rights to choose beautiful units at special prices and have a chance to win an iPhone X 64GB) at http://bit.ly/2OJHkmF<\/a><\/p>

    The general customer booking will open on August 25-26. Anyone looking for special-priced condos should not forget to register for the event on August 24.<\/p>

    Or call 062 594 5000<\/p>

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