The investment in the electric train network and the Yellow Line MRT (Lat Phrao-Bang Kapi-Samrong) is another project that enhances the public transport system in the eastern zone of Bangkok. This route connects upper and lower Bangkok, stretching from Lat Phrao, Bang Kapi, Srinakarin, to Theparak. Coupled with other supporting factors such as community expansion and large shopping centers that enhance its potential, the entire Yellow Line, which spans 30.4 km with 23 stations, was officially launched by Prime Minister General Prayuth Chan-o-cha at the end of August 2018, with construction expected to be completed and operational by 2021. It is anticipated to serve approximately 220,000 passengers per day, leading to a surge in residential investment projects.

 

“Knightsbridge Sukhumvit-Theparak” is the latest condominium project by Origin Property Public Company Limited (ORI), which confirms that this project is located on Theparak Road, a prime area just 0 meters from the Thipwan MRT station and only one station away from the Samrong Interchange (Green Line). It connects to two major roads: Sukhumvit and Srinakarin.

 

 

The “Knightsbridge Sukhumvit-Theparak” project is situated on over 1 rai of land, developed into a 35-story building with 474 units and 1 shop. Units range from 23 to 55 square meters, with an average selling price of 90,000 THB per square meter, totaling 1.49 billion THB. The project will feature 49% auto parking and is set to begin construction in 2019, with completion expected in 2021 (the building will be completed alongside the operational electric train). The target customer group will be employees working along the Yellow Line and in the Theparak, Bang Na, Bang Phli, and Samut Prakan areas, focusing on individuals with an approximate monthly income of 35,000 THB.

 

The project is designed by Beaumont Partners, a well-known residential design firm in Thailand with a wealth of creative experience. Their expertise, combined with Origin's market data, ensures that every living space, including the standout common areas, is exceptional. The top floor features a rooftop facility and garden with a 360-degree view, further emphasizing the Knightsbridge brand's uniqueness compared to other projects in the same area, focusing on premium location, limited units, and privacy in shared spaces at an affordable price. The project will also include 24-hour CCTV security. Registration for project updates is now open at www.origin.co.th or http://www.origin.co.th/register/knightsbridge-sukhumvit-thepharak, or for more details, contact 020-300-000.

 

 

Additionally, there are five key factors that Mr. Apisit Sunthornchukiat, Managing Director of the Condominium Business Division at Origin stated as reasons for the company's investment in developing the “Knightsbridge Sukhumvit-Theparak” project on Theparak Road, which stands out both now and in the future:

  • The project is adjacent to the Theparak MRT station (0 meters) and connects to the Green Line interchange at Samrong, benefiting from land development along both lines.
  • This road is one of only three roads along the Sukhumvit electric train line that features a 4-lane road with the electric train running through the middle.
  • The Theparak area connects to two major roads (Sukhumvit and Srinakarin), and the project is located on a main road (8 lanes) that can efficiently accommodate land development and various investments.
  • The expansion of the Sukhumvit area attracts both Asian and European expatriates seeking housing near the electric train line in convenient and well-equipped locations, with rental prices decreasing alongside the expansion of the Green and Yellow lines connecting to the Bang Na-Suvarnabhumi interchange.
  • There is growth in various investments, including residential properties, community malls, hotels, and international schools.

With the potential of the project's location, rich in shopping malls and leading avenues, along with convenient travel on Theparak Road, which is 8 lanes wide and connects to two major roads (Sukhumvit and Srinakarin), ease of travel by car is enhanced with proximity to expressways and industrial rings. This will benefit the target customer group in the area who seek a private lifestyle and will gain from the arrival of both the Yellow and Green electric train lines in terms of land growth and various residential projects in the future.

 

 

The company is confident that the “Knightsbridge Sukhumvit-Theparak” project will meet the needs of residents in the area who wish to establish their own households or live independently, wanting to own their own residence to avoid renting. They recognize the importance of the Yellow Line MRT, which is set to be completed in 2021. Surveys indicate that there are individuals who previously owned homes in the Theparak, Samrong, and Pu Chao Saming Phrai areas who wish to separate their families but lack sufficient funds to purchase horizontal housing, thus opting for condos along the electric train extension close to their original homes.

 

Thank you for the information from www.origin.co.th