7 Selling Points: Why The Crest Park Residences is the Best Location Project in Lat Phrao

Jan 16, 2023 | view 8,296

The Crest Residences is a luxury condominium from SC ASSET, marking the latest addition to the The Crest brand after a long hiatus. This luxury condominium brand has chosen to establish itself at the Lat Phrao Intersection, an area that has grown to become a complete hub in terms of lifestyle, business, transportation, and the unique characteristic of having a large green space, comparable to inner-city locations like Sukhumvit. It is no surprise that many new condominiums are emerging in the Lat Phrao Intersection area today.

But why does TERRABKK claim that The Crest Park Residences is the best location project and one of the few luxury segment condominiums in Lat Phrao? We present the following 7 selling points to recommend it.

1. The Crest Park Residences is located in the best area of Lat Phrao

The Lat Phrao Intersection connects three major roads: Phahonyothin Road, Vibhavadi Rangsit Road, and Lat Phrao Road, and serves as an interchange for the two most important subway lines in Bangkok. Naturally, the central node is located right in the heart of this intersection.

What is clearly evident is the density of activities, which is highly concentrated and diverse within a 600-meter radius around the Lat Phrao Intersection. This includes shopping centers, lifestyle malls, hypermarkets, restaurants, hangout spots, as well as office rentals and significant job sources. In contrast, moving out from the center of the intersection about 601-1,000 meters leads to residential areas, government offices, and shops with lower density.

The Crest Park Residences is situated on a corner lot at the intersection of Phahonyothin Road and Lat Phrao Road, just a few steps (no more than 200 meters) from all the lifestyle conveniences available in the area, including two subway lines, Central Lat Phrao, Union Mall, and the hangout spots around the Lat Phrao Intersection. It is worth noting that this land parcel is irreplaceable in the Lat Phrao area.

Moreover, in the near future, within the years 2024-2025, the Lat Phrao Intersection will also be influenced by the Bangkok land use plan, which will elevate the land use in the area from Lat Phrao to Ratchayothin to a high-density residential area (brown), allowing for the construction of buildings with eight times the land area, opening up opportunities for development and attracting more new residents.

2. A central intersection that has thrived for 40 years

Many may not know that aside from being a connection point for several major roads, the Lat Phrao Intersection has also been influenced by early development from leading educational institutions. Back in the years 1960-1966, significant developments occurred, leading to many changes in the Lat Phrao area, including the Mo Chit Bus Terminal (1960), St. John's School (1962), Horwang School (1966), and the opening of the Super Highway (Vibhavadi Rangsit Road) in the same year. In just six years, Lat Phrao had quickly risen to become a leader in northern Bangkok.

After attracting traffic from educational institutions and commuting, lifestyle developments surged into the Lat Phrao area and its surroundings continuously from 1975 to 1982, including Dan Neramit (1975), Chatuchak Park (1980), and Central Lat Phrao (1983), solidifying Lat Phrao's position as the Lifestyle Hub of North Bangkok.

From 1993 to 2006, it marked another decade of significant growth and change for Lat Phrao, as it was a time of upgrading transportation infrastructure, including the opening of the Don Mueang Tollway (1994), the Green Line Skytrain from Mo Chit to On Nut (1999), and the Blue Line from Hua Lamphong to Bang Sue (2004), making Lat Phrao a fully equipped transportation node.

Additionally, during the same period, several large lifestyle malls and office buildings emerged along Vibhavadi Rangsit Road, Lat Phrao Road, Phahonyothin Road, and Ratchayothin Road, such as Union Mall, Thai Military Bank (Head Office), SCB Park Plaza, Chang Building, Rasa Tower, Wang Dek Building, Thai Airways (Head Office), Lao Peng Nguan Building, Channel 7, Thai Rath, and others. In the early Lat Phrao area, many media agency offices, including RS (old office), Piang Magazine, and several studios, have made the job market in the area exceed 400,000 square meters, establishing Lat Phrao as the Business District Hub of North Bangkok as it is today.

3. Promising growth of the area

Certainly, the growth of Lat Phrao will not stop this year, as there are still massive mixed-use projects from both the public and private sectors to watch for, all of which will impact the overall landscape and land value significantly, including:

Bangkok Apivathan Central Station (Bang Sue Central Station), the largest rail transport hub in the country, accommodating over 100,000 passengers daily, with over 500 rai of land planned for future development.
S OASIS, a mixed-use project comprising retail space and A-grade office buildings covering 53,000 square meters.
Ratchayothin Hills, a mixed-use project featuring office buildings, hotels, conference centers, fitness facilities, and retail space totaling 49,000 square meters.
Mochit Complex, a mixed-use project consisting of office buildings and retail space covering over 75,000 square meters.
Bangkok Terminal, a mixed-use project that includes offices, residential units, shopping centers, conference centers, and a bus terminal (BKS) covering over 63 rai.
BTS x CPN, a mixed-use project on over 48 rai of prime land, expected to be valued at over 20 billion baht, comprising condominiums, office buildings, retail space, and hotels.

Recently, the Lat Phrao Intersection has become a hot topic due to rumors about whether CPN will renew its contract with the railway land, as the estimated value of the third contract is no less than 20 billion baht. Subsequently, CPN officially announced that “we remain committed to creating the best new experiences for all our customers”, which can be interpreted to mean that Central Lat Phrao is likely to stay put and not relocate, as it is well-known that Central Lat Phrao is the flagship branch of Central and remains a significant destination at the Lat Phrao Intersection.

Despite having to bear costs and risks in the future, CPN has not let go of the land at the Lat Phrao Intersection, as it cannot find a better location than this (even with its own land waiting for development). This strongly confirms that The Crest Park Residences, located in the same area and closer to the heart of the intersection, is a rare gem project that cannot be found anywhere else in the central Lat Phrao area.

4. The power of the two best subway lines in Bangkok

Looking back not long ago, the land price in the Lat Phrao area was approximately 500,000-600,000 baht per square wah. However, with the extension of the Green Line subway, land prices in the area have been continuously rising, reminding us that the growth of the area comes with interesting land values. In the near future, it will also connect with the Yellow Line subway, Lat Phrao-Samrong, making it an area accessible to three subway lines and three major roads.

When combined with Bangkok Apivathan Central Station and Bangkok Terminal, which are awaiting development, Lat Phrao will not only be a node but also conveniently connect to the national mass transit system, along with the comprehensive potential of the area surrounded by job sources, lifestyle spots, and emerging mixed-use projects, giving Lat Phrao superior connectivity compared to Bangkok Apivathan Central Station (Bang Sue Central Station) today!

5. The most beautiful garden view in Lat Phrao

Since the project The Crest Park Residences is located at the corner of the intersection of Phahonyothin Road and Lat Phrao Road, it offers a panoramic view of a large public park over 700 rai, unobstructed by any buildings. It overlooks three parks: Chatuchak Park, Wachirabenchathat Park (Railway Park), and Queen Sirikit Park, making it the project with the most beautiful garden view in the Lat Phrao area.

The surrounding area of the project has no tall buildings obstructing the view. To the north, it faces Chang Building; to the south, it is near the MRT station facing the TTB building and Chatuchak Park; to the east, it is close to Union Mall, with a view of Lat Phrao Road; and in front of the project, it faces Chatuchak Park, adjacent to Phahonyothin Road and the BTS Lat Phrao Intersection, across from which is Queen Sirikit Park. It is unlikely that tall buildings will emerge in the future, making projects with views of these parks nearly impossible to find in this area. The Crest Park Residences is thus the only project with a beautiful garden view in Lat Phrao, offering significant value.

6. Common areas designed to understand true luxury lifestyle

The Crest Park Residences has designed its common areas with a deep understanding of luxury lifestyle, paying attention to every detail. From the Grand Cave Lobby, which is 8 meters high from floor to ceiling, a feature typically reserved for super luxury projects by SC ASSET. Additionally, there is a Concierge service that acts like a personal assistant, providing hotel-like conveniences such as parcel delivery, laundry services, booking private facilities, restaurant reservations, and arranging external services for residents. Next is the Private Lobby with a Waterior Garden that seamlessly connects the outdoor natural atmosphere to the interior, providing a relaxing space with views of nature. There are also a Business lounge and Meeting room for business owners/executives needing private meeting spaces, as well as areas for reading and working from home. A Private dressing room is available for event attendees, and for those wanting to host parties, the Michelin Lounge and BBQ Area can be used, or chefs can be invited for private Chef Table experiences. Additionally, there are a Semi Outdoor Swimming pool, Jacuzzi, Kids pool with views of the garden, a Fitness Zone with separate functions for Weight Training, Cardio, and Yoga, as well as a Spa room, Steam room, and Green space on the rooftop for relaxation.

7. Premium room specifications, quality materials, and meticulous design

Another highlight of the project The Crest Park Residences is its high-quality room specifications and materials. Although the project is sold as Fully Fitted, it includes built-in furniture, missing only some loose furniture and appliances, making it ready to move in. The room design is attentive to residents, featuring 3-meter high ceilings with large insulated glass windows (Insulated Glass) that provide excellent heat insulation, allowing for airy, comfortable rooms filled with natural light and full views. Specially for garden view rooms, the bedroom area will also have full-height insulated glass. The flooring is made of Hybrid Engineering Wood, which is water-resistant and impact-resistant. The built-in kitchen features a quartz stone countertop, equipped with appliances such as an electric stove, hood, oven, and microwave from Gorenje, a brand imported from Europe. The bathrooms are fitted with a shower box with both hand shower and rain shower, complete TOTO sanitary ware, and sufficient storage cabinets. The air conditioning in the living area is concealed type, while the bedrooms have wall-type air conditioning from Mitsubishi.

The Crest Park Residences is a 36-story high-rise condominium with only 418 units, featuring auto parking for 230 cars and 5 regular parking spaces. Various room types are available, including 1 Bedroom sizes from 31-50 sq.m., 1 Bedroom Plus sizes from 47-50 sq.m., 2 Bedroom sizes of 73 sq.m., and High Ceiling Units from 31-73 sq.m. It offers the utmost privacy with a single corridor building design, having only 16 units per floor, ensuring no facing units directly across the hall. The building is V-shaped with large light wells at the elevator lobby, and on floors 4/12A/21/28 and 36, there are Floating Oasis green spaces integrated throughout the building, making the internal corridors feel spacious and connected to nature.

Ultimately, when looking at the current condominium market in this area, most projects at the Lat Phrao Intersection are mid to high segment condominiums, with no products truly addressing the luxury segment. The Crest Park Residences is the first project to fill the luxury market gap in this area, catering to those seeking a luxury condominium that offers privacy and enhances quality of life in all dimensions, including convenient transportation near the interchange of two main subway lines, meticulous design, and superior amenities/services.

No need to search further, as all the answers for the best living experience are right here!!! The Crest Park Residences starts at 6.29 million baht. Register for more information at https://bit.ly/3ENDCDu