In-Depth Look at HAMPTON RESIDENCE THONGLOR: The Latest Investment Program in the Best Japanese Tenant Location in the Heart of Thonglor
During the COVID-19 pandemic, investing in the form of <\/span>Investment Property Program <\/strong> <\/span>(IP)<\/span> <\/strong> in key economic city condominiums has gained significant popularity. This program addresses the challenges faced by real estate investors, such as difficulties in renting out condos, gaps in finding tenants, rental prices not meeting expectations, and the hassle of maintaining condos in a rental-ready condition. This program features experts managing the assets, offering attractive returns, low risk, and an easy investment option for investors looking to make their money work for them.
Currently, this is a golden opportunity for investors with idle cash looking for new investment properties (IP) in the heart of Bangkok that offer interesting returns and long-term benefits. Today, we have compiled information about the HAMPTON RESIDENCE THONGLOR <\/strong><\/span> developed by ORIGIN INVESTMENT PROPERTY PROGRAM from Origin Public Company Limited <\/strong><\/span>. This program is designed as an IP condominium, managed by Hampton Hotel & Residence Management (HHR). The target clientele for this project focuses on Japanese tenants, who are high-quality renters, located in the prime area of ARENA 10 Thonglor, which is the best location for Japanese tenants in Thailand. We will delve into the HAMPTON RESIDENCE THONGLOR program to explore what makes this investment option the most interesting at this time.
In-Depth Look at the Investment Program for the HAMPTON RESIDENCE THONGLOR Serviced Apartment Project <\/strong><\/span>
The attractiveness of the serviced apartment investment program in the HAMPTON RESIDENCE THONGLOR <\/strong><\/span> project significantly differs from other investment projects because Origin <\/span> <\/strong> has addressed the main pain points that investors often encounter when renting out condos, particularly issues like difficulty in finding tenants, inconsistent rental income, picky tenants, and high maintenance costs to keep the unit in a rental-ready condition.
This led to the creation of the HAMPTON RESIDENCE THONGLOR <\/span> <\/strong> program to help alleviate these problems for owners, from finding tenants, managing tenants, to consistently delivering rental income.
Investment Structure – Ownership of Title Deed According to Law <\/strong><\/span>
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This involves the regular sale of units, where the owner holds the title deed for the selected unit. The owner will then participate in the program with the HAMPTON HOTEL & RESIDENCE MANAGEMENT team managing the assets in the form of a SERVICED APARTMENT <\/span><\/strong> for long-term rentals, focusing on A-grade foreign clients working in Thailand, especially Japanese tenants, in a popular and prime location for Japanese expatriates in the heart of ARENA 10 Thonglor.
The advantage of joining the program at HAMPTON RESIDENCE THONGLOR <\/strong> is that it helps reduce investment risks for unit owners by providing legally managed condo rentals without the need to invest in depreciating assets, such as furniture, appliances, and maintenance costs. HAMPTON will take care of all these aspects and assume the associated risks in exchange for service fees included in the rental price.
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Investors who own units agree to grant management rights to the program for a period of 10+10 years (with conditions for extending the management contract for another 10 years) so that HHR can handle everything from tenant sourcing, rent collection, room decoration for rental, to maintenance and repairs within the unit to keep it in good condition for rental, payment of returns to investor owners, and voting rights in the condominium juristic person.
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Guaranteed Returns of 4-9% for Up to 20 Years <\/strong><\/span>
The returns from HAMPTON RESIDENCE THONGLOR <\/span> <\/strong> will generate regular income through a Mutual Agreement format where the returns will be based on a shared income and expense model <\/span><\/strong> with Hampton Hotel & Residence Management (HHR) responsible for overseeing the operational management.
Even with only 70% occupancy, this program will count income from all units combined to calculate averages and distribute dividends to all investors. Therefore, regardless of your unit's location in the building, whether occupied or vacant, you will receive dividends similarly. This differs from traditional investment programs where a lack of tenants immediately results in lost income, and it also helps bridge gaps during contract transitions or when finding new tenants, allowing investors to receive continuous returns for up to 20 years.
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The investment returns will come from two main components: the increasing value of the condo in the city center, with “Thonglor” being a Hi-End Segment area for both Thais and foreigners, and another income source from rental returns and services. In this area, over 49% of residents are foreigners, particularly Japanese, who prefer living in this zone.
With International Standard Service designed in a SERVICED APARTMENT format that caters to the lifestyle of Japanese residents in a location that meets their needs and is popular, the HAMPTON RESIDENCE THONGLOR <\/strong><\/span> is akin to a Limited Edition product that attracts premium corporate foreign tenants, leading to higher rental prices compared to regular condos, thus providing owners with increased returns.
The HAMPTON RESIDENCE THONGLOR <\/strong><\/span> project guarantees returns based on investment value with returns of 4-9% for up to 20 years <\/span> <\/strong>depending on the project's performance. If the performance is good, the maximum return of 9% per year on the invested unit price will be provided, with dividends paid quarterly (four times a year).
<\/strong> The prime location of the HAMPTON RESIDENCE THONGLOR <\/span> <\/strong> situated in the heart of ARENA 10 Thonglor, which is often referred to as <\/span>Japanese Town <\/span> <\/strong> with the highest concentration of Japanese residents in Bangkok, has been developed specifically to cater to this customer group. Combined with the serviced apartment features and five-star hotel service standards provided by Hampton Hotel & Residence Management (HHR), the project offers various services to tenants, such as concierge service, personal assistant, room service, bellboy, doorman, 24-hour reception, and exclusive services. The design of the common areas in the project caters to all lifestyles and also supports business use. This new serviced apartment project in the heart of Bangkok is highly attractive, making it well-positioned to capture the Japanese expatriate rental market. Japanese tenants are a particularly interesting customer group because most Japanese people are familiar with and prefer living in Thonglor due to the abundance of amenities that cater to their lifestyle, including international schools and numerous restaurants. It is a convenient location, close to expressway access points, and is also a safe area under the care of the Japanese embassy. Additionally, Japanese executives coming to work in Thailand are a target customer group that most investors want to rent their condos to, as Japanese tenants are known for being high-quality clients who are punctual, responsible, respectful, and considerate. Therefore, landlords need not worry about issues like late rent payments or defaults, as Japanese tenants are also known for their high sense of responsibility, adherence to rules, good manners, friendliness, and cleanliness. Furthermore, Japanese expatriates working in Thailand typically hold stable positions and usually earn monthly incomes exceeding 50,000 baht, often reaching several hundred thousand baht. Some even receive housing allowances from their companies, allowing them to afford higher-quality rental units and are willing to sign annual leases. Most Japanese individuals working in Thailand usually have employment contracts averaging 3-5 years before moving to other locations as directed by their parent companies. Some come to establish long-term businesses or enjoy retirement in Thailand, allowing for long-term rental agreements without the need to worry about finding new tenants every year. “Japan” Ranks Number 1 for Foreign Workers in Thailand <\/strong><\/span> (Data from the Foreign Worker Administration Office as of August 2021) Currently, there are over 100,000 expatriates working in Thailand, mostly in managerial, executive, and skilled professional positions, which are high-paying jobs, providing them with significant purchasing power. When looking for housing, they prefer locations that meet their lifestyle needs, with “Thonglor”<\/span> <\/strong> being the most popular area among Japanese residents, often referred to as Japanese Town <\/strong><\/span>. Many may wonder why they prefer to live in this area. Today, TerraBKK <\/strong> has compiled reasons why Thonglor is the most popular location for Japanese expatriates? <\/strong><\/span> When talking about “Thonglor”, many people are likely aware that it is a central location with convenient transportation options, both via BTS and private vehicles. Its proximity to the BTS Green Line (Sukhumvit) is a major route that runs through the heart of the city, connecting to other lines and extensions, making it easy to travel throughout Bangkok. This convenience is similar to the JR Yamanote Line <\/strong><\/span> in Japan, which is a main train line passing through many important locations. Given that Japanese people are accustomed to using the subway, living in Thonglor meets their needs very well. Another highlight of the Thonglor area that appeals to Japanese residents is that within Thonglor Soi or Sukhumvit 55, the road is 6 lanes wide, providing a spacious atmosphere that is less congested and allows for better traffic flow compared to other sois. Additionally, it is a soi that connects to other important areas <\/strong><\/span>, including the New CBD areas like Rama 9, Phrom Phong, Phra Khanong, Pattanakarn-Ramkhamhaeng, and is close to expressway access points, making travel to industrial estates in Bangna or the motorway very convenient. “Thonglor” is recognized as <\/strong>“Japanese Town”<\/strong><\/span> as it truly embodies the lifestyle of Japanese residents, being home to many Japanese supermarkets, including Donki Mall Thonglor <\/strong>, the first Japanese department store in Thailand, offering a wide range of products from daily necessities, fresh and processed foods, appliances, fashion items, and much more, catering perfectly to Japanese needs; UFM Fuji Super <\/strong>, a supermarket located in an office catering to Japanese workers, known for its wide variety of sashimi; Thonglor Nihon Ichiba @Nihonmura Mall <\/strong>, the first wholesale Japanese food market in Thailand, featuring a variety of products and ingredients from Japan; Makotoya <\/strong>, another store that specializes in fresh ingredients from Japan; and Konnichiwa Market <\/strong>, a source for imported Japanese food ingredients for Japanese homemakers who love cooking. “Thonglor” is surrounded by numerous amenities that support the lifestyle of Japanese residents <\/strong><\/span> including Samitivej Hospital <\/strong>, which caters to Japanese patients in collaboration with Takatsuki General Hospital, a leading hospital in Japan, staffed by Japanese doctors and offering services that reflect Japanese culture to make patients feel familiar and comfortable, as if they were being treated in Japan. There are also many international schools <\/strong> such as the Thai-Japanese Association School, ST Andrews International School, Trinity International School, Wells International School, and Bangkok Prep. Additionally, Thonglor is a Safe Zone for Japanese residents <\/strong><\/span> as it is an area under the care of the Japanese embassy, providing peace of mind and a sense of security for Japanese people living in Thonglor. The standout charm of “Thonglor” is its combination of Luxury Lifestyle and being a premium Community Hub. If we were to compare it to a neighborhood abroad, it would be akin to Ginza in Tokyo, Japan. What everyone admires about Thonglor, just like Ginza, is its status as a premium shopping destination, a hub for high-end restaurants from various cultures including European, American, and Asian, as well as a premium nightlife entertainment area. Reinforcing Thonglor's reputation as a Ginza-like area that caters to Japanese lifestyles is Ginza Thonglor <\/span> <\/strong> at the Nikko Bangkok Hotel, which serves as a center for dining and relaxation in a Ginza style, featuring many renowned premium restaurants such as Tokyo Yakiniku Shoutaian <\/strong>, the first branch of Kuroge Wagyu grilled meat in Thailand; HIDE (Produced by Ginza Yamazaki) <\/strong>, a famous high-end whiskey bar from Ginza, Japan; Chez Shibata 365 <\/strong>, a French dessert shop with a Japanese twist that is famous in Japan; Unakichi <\/strong>, known for its eel rice bowl from Kochi Prefecture in Japan, along with many other leading restaurants of various styles. Thonglor is surrounded by many premium lifestyle amenities <\/strong><\/span> that combine Japanese-style restaurants and other styles together, such as Eight Thonglor, J Avenue Thonglor, and Nihonmura Mall, along with a variety of restaurants <\/strong> from various countries, especially premium Japanese restaurants, authentic Michelin-starred establishments from Japan, such as Ginzado Thonglor, Kitaohji Ginza, Ito-Kacho, Sushi Hiro, Sushi Juban, Shin Yakitori, Shugetsu Ramen, AINU Hokkaido Izakaya & Bar, and Thonglor Yokocho, among others. For those looking to relax, this area also offers Onsen & Spa <\/strong> facilities such as Kashikiri Onsen & Spa, Let's Relax Onsen & Spa, Raku Spa, and Oasis Spa. Investors interested in real estate investment should look forward to the Investment Property ‘‘HAMPTON RESIDENCE THONGLOR’’<\/span><\/strong> <\/span> in the Japanese Town area, which is the most popular among Japanese residents, with the best-received new investment program (ORIGIN INVESTMENT PROPERTY) at this time. Click https://bit.ly/3je10A1 <\/a>
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Creating Wealth by Targeting Japanese Tenants with HAMPTON RESIDENCE THONGLOR <\/strong><\/span>
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“Thonglor” and the Convenience of Transportation <\/strong><\/span>
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“Thonglor” with Numerous Facilities Supporting Japanese Lifestyles <\/strong><\/span>
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Images courtesy of: ryoiireview.com, eventbanana.com, and Official Facebook Fanpage of various stores <\/em><\/h5>
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The Charm of “Thonglor” as a Ginza-Like Area That Everyone Admires <\/strong><\/span>
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Images courtesy of: <\/em>www.facebook.com/GinzaThonglor <\/a><\/h5>
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Images courtesy of: baanfinder.com, Official Facebook Fanpage of various stores <\/em><\/h5>
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