Siamese Exclusive Queens - Experience Quality Living in the Heart of the City

              What does quality of life mean? For people in Bangkok, factors that reflect quality of life in urban living include a residence that truly supports daily life, proximity to workplaces, convenience in transportation, and the increasingly rare green spaces in the city. One such location that meets these criteria is Sukhumvit 16 – Phai Singto.

              The developer Siamese Asset has transformed a 2-0-44 rai plot in Phai Singto Alley into a 33-story high-rise condominium, creating a quality urban living community named “Siamese Exclusive Queens”. This project not only emphasizes high construction quality but also the quality environment that residents will enjoy.

Over 519 Rai of Green Lung Space within a 2-Kilometer Radius

              The visual comfort provided by green spaces is something that Bangkok residents seek. Within a 2-kilometer radius of the Siamese Exclusive Queens project, there are over 519 rai of green areas, including three public parks.

Benjakitti Park, covering 130 rai, features a large water basin that occupies two-thirds of its area. A walk, run, or bike ride around it is about 1.8 kilometers, making it a great way to break a sweat. Besides outdoor activities, the value of Benjakitti Park and the curve of the Chao Phraya River truly enhances the quality of life for residents. Residents of the Siamese Exclusive Queens can enjoy views of Benjakitti Park from their bedrooms starting from the 10th floor, appreciating the atmosphere of green space and the quality of life they can choose for themselves. Given the limited public park areas in Bangkok, this may also drive property prices higher in the future. Currently, condominiums in this area can generate passive income through rental yields averaging 4.5-5.8% per year.

In addition to Benjakitti Park, there is also Benjasiri Park (Phrom Phong Station) covering 29 rai and Lumpini Park (Silom Station) covering 360 rai, providing spaces for exercise and enjoyment of green areas that enhance the quality of life for Bangkok residents.

Image 1 – Over 519 Rai of Green Space in the Heart of Bangkok

 

Reducing Travel Time Equals More Life Time

              Major roads accommodate the commuting needs of Bangkok residents, as most travel time is spent commuting to work and important job locations, which are primarily connected by Sukhumvit Road and Rama 4 Road. It would be great to live in a location that allows for flexible commuting routes each day.

              Sukhumvit Road leads to key job locations such as Asoke, Phloen Chit, and Chidlom, while Rama 4 Road connects to major job hubs like Lumpini and Silom. In addition to driving, public transportation systems like the MRT and BTS have long provided convenience for residents in this area.

              This is why Siamese Asset understands the importance of developing the Siamese Exclusive Queens condominium located in Sukhumvit 16 – Phai Singto, which accommodates residents' commuting needs by both cars with multiple access points and skytrain connections, reducing travel time to enhance life quality.

              Bangkok residents do not only travel for work but also for shopping and relaxation according to their lifestyles on weekends. Certainly, Sukhumvit Road connects to Phloen Chit and Rama 1, which are famous shopping destinations for Bangkok residents, such as EmQuartier, Central Embassy, CentralWorld, and Siam Paragon.

Image 2 – Transportation and Surrounding Environment of Siamese Exclusive Queens

 

More than Just Living: Average Capital Gain of 6.5-8% and Rental Yield of 4.5-5.8%

              When deciding to invest in a condominium, in addition to considering the quality of construction in a prime location, one should not overlook the potential returns when holding that condominium. Typically, two main ratios are considered:

              The return from the period of holding the condominium, known as Capital Gain, averages around 6.5-8% in this location, with second-hand market prices averaging between 110,000-160,000 Baht per square meter.

              The return from rental income, known as Rental Yield. For projects comparable to Siamese Exclusive Queens, such as Ashton Asoke and Park 24, which are within 200 meters of the skytrain and are new projects, rental prices could average as high as 1,000 Baht/sq.m.

              This is higher than the average rental market price in this area, which is around 500-670 Baht per square meter, as some projects in this area are older, not close to the skytrain, do not have lake views, or are low-rise. There are three types of units available: Type 1 - 1 bedroom, averaging 30-55 square meters, with average rental prices of 20,000 - 35,000 Baht per month; Type 2 - 2 bedrooms, averaging 65-120 square meters, with average rental prices of 40,000 – 65,000 Baht per month; and Type 3 - 3 bedrooms, averaging 135-200 square meters, with average rental prices of 60,000-100,000 Baht per month.

              The overall average rental yield is around 4.5-5.8% per year, which reflects the returns from investing in condominiums for rental purposes.

Image 3 – Condominium Returns

 

Siamese Exclusive Queens Luxury Condominium Supports Quality Urban Living

              Siamese Exclusive Queens is a 33-story high-rise condominium with a 12-story automated parking building (and 6 basement levels), accommodating a total of 230 cars. It stands out with 4 key features:

  • INTELLIGENT PARKING - An intelligent parking system that enhances convenience.
  • NATURAL ROOFTOP - Experience the lush greenery of a rooftop garden with a 360-degree city view.
  • FITNESS SPACE - A fully equipped fitness room with steam and sauna facilities.
  • SWIMMING POOL - A saltwater pool with stunning city views.

Siamese Exclusive Queens comes equipped with Siamese Technology, enhancing the living experience for residents, divided into 4 important aspects:

  • HEAT RESISTANT TECHNOLOGY - Low-E glass that reflects heat, preventing external heat radiation from entering the building, keeping the air cool and reducing energy consumption.
  • EASY MAINTENANCE TECHNOLOGY - A plumbing system within concrete that is easy to maintain, providing residents with more privacy.
  • SMELL PROTECTION TECHNOLOGY - A drainage system that separates waste air ducts to prevent unpleasant odors from returning, ensuring a fresh living environment.
  • SOUNDPROOF TECHNOLOGY - A noise reduction system featuring soundproof doors and insulated walls that absorb sound and reduce external noise.

Siamese Exclusive Queens accommodates the needs of all residents, offering 4 types of units:

  • 1 bedroom, sizes 34-58 square meters
  • 2 bedrooms, sizes 76-102 square meters
  • 3 bedrooms, sizes 131-133 square meters
  • Penthouse, size 154 square meters

Image 4 – Siamese Exclusive Queens

 

              Additionally, Siamese Exclusive Queens is located opposite a large investment project by the private sector, the Queen Sirikit National Convention Center, which is currently undergoing renovations to expand its area fivefold, expected to open in 2023, reflecting the potential of the location for the future.

              With an investment budget of over 11 billion Baht from TCC Assets Group to expand the area from approximately 20,000 square meters to 70,000 square meters, it will accommodate over 50,000 people. The main purpose of this investment is to create a medium-sized convention and exhibition center to support the growth of the MICE (Meetings, Incentives, Conventions, and Exhibitions) industry, making it a significant asset for Thailand.

Image 5 – Renovation of the Queen Sirikit National Convention Center

             

              Near the Queen Sirikit National Convention Center, there is another real estate project valued at over 20 billion Baht named The PARQ, covering over 24 rai in a mixed-use format by leading Thai developer TCC Assets (Thailand) Co., Ltd., managed by Frasers Property Holdings (Thailand) Co., Ltd. This project includes retail space, office space, restaurants, and hotels.

              The first phase will develop the first premium office space project in Thailand, designed to meet both LEED Gold and WELL standards, covering 60,000 square meters, expected to be completed within 2023.

Image from theparq.com

              All of this is what residents of Siamese Exclusive Queens will enjoy, fully immersing themselves in quality urban living. And on November 23rd, you can register for a discount of up to 1 million Baht!!! For those interested in the Siamese Exclusive Queens project, you can inquire for more information and special offers at http://bit.ly/2PTX9dL or call 1306. Open the door to experience the elegance of living, expected to be completed by November.

Thank you for the information from Siamese Exclusive Queens