Luxury Condo Near Interchange Station for Green and Pink Lines: A Great Investment Opportunity at Knightsbridge Phaholyothin Interchange

Aug 21, 2019 | view 3,720

Currently, investing in real estate, especially condominiums, remains appealing to investors looking to minimize risks, as the return rates are still higher than bank deposit interest rates. This is particularly true for condos along the subway lines, which investors are increasingly interested in purchasing for rental or resale to profit from price differences or capital gains. Choosing to invest in condos along subway lines is crucial, as location matters significantly. Many may opt to buy along the original green line, which has consistently increased in value. However, the newly extended green line from Mo Chit to Saphaan Mai to Khu Khot is set to open this year, making it another prime location that is equally attractive. Consequently, condos along the Mo Chit to Saphaan Mai to Khu Khot route are gaining popularity, and prices remain at an accessible level, suitable for both living and investment, yielding good returns.

Green Line from Mo Chit to Saphaan Mai to Khu Khot: The Future of New Subway Line Condos

When investing in condos, a key factor to study thoroughly is the project's location, which must be in a high-potential area close to amenities that cater to daily life, such as schools, hospitals, shopping malls, restaurants, and convenience stores. A significant highlight is the ease of transportation, being close to major roads, and ideally near a main subway line or an interchange station, as this will make your investment condo more attractive and advantageous compared to others, allowing for easier rental or resale opportunities and higher capital gains.

Currently, the Bangkok area has four main subway lines in operation: BTS (Sukhumvit and Silom lines), MRT (subway), MRT Purple Line, and ARL. The development of subway lines around Bangkok continues to progress, with Bang Sue Grand Station connecting various rail systems, including high-speed trains linking three airports. Other subway lines are also advancing, particularly the extended green line (Mo Chit to Saphaan Mai to Khu Khot) along Phaholyothin Road, expected to be completed in 2020, with an interchange station connecting to the pink line (Kra Rai to Min Buri) anticipated to finish in 2021 at Wat Phra Si Mahathat Station. This will enhance travel convenience for residents in northern Bangkok to the CBD, expanding urban growth along the subway routes.

Choose a Condo Near Interchange Stations for Luxurious Returns

Undoubtedly, the expansion of the green line (Mo Chit to Saphaan Mai to Khu Khot) into northern Bangkok makes new condos along the subway line even more appealing, especially at Wat Phra Si Mahathat Station. Currently, the Laksi area is becoming a hub attracting a middle-class population due to its surrounding amenities and relatively affordable condo prices. Along the Mo Chit to Saphaan Mai to Khu Khot route, the highest price is at Ha Yaek Lat Phrao Station at 500,000 THB per square wah, while the lowest is at Khu Khot Station averaging 65,000 THB per square wah. The area around Laksi Roundabout to Saphaan Mai averages 110,000 THB per square meter, with rental yields around 5-7% per year.

The area around Laksi Roundabout to Saphaan Mai is another zone known as the New Hub in northern Bangkok. Today, we will introduce the latest completed condo project from Origin Property, a leading real estate developer in Thailand, called Knightsbridge Phaholyothin Interchange (Knightsbridge Phaholyothin Interchange), a 14-story high-rise condo located prominently on Phaholyothin Road near Laksi Roundabout. Besides being situated on a major road, the project is also close to the Interchange station of two subway lines: the extended green line (Mo Chit to Saphaan Mai to Khu Khot) and the pink line (Kra Rai to Min Buri) at Wat Phra Si Mahathat Station, which is only about 250 meters from the project. Additionally, it is near the Laksi Monument Station, just a 5-minute walk from the project, making it a highly potential location to watch for growth.

The Laksi area still retains its traditional community feel, with a complete range of amenities such as Ying Charoen Market, large fresh markets, Tesco Lotus, Big C Supercenter, Max Value, Central Ram Inthra, IT Square, hospitals like Bhumibol, General Hospital, Rajabhat Phranakhon University, Kasetsart University, Sripatum University, Phai Tham Udom School, Wat Phra Si Mahathat Bang Khen, Chaeng Watthana Government Center, Central Chaeng Watthana, and Don Mueang Airport.

The Knightsbridge Phaholyothin Interchange project is located directly opposite Tesco Lotus Laksi, and just a short walk across the pedestrian bridge allows easy access to fresh food and groceries. Laksi truly has more to offer than meets the eye.

Moreover, the project is not far from educational institutions such as Sripatum University, Kasetsart University, and Rajabhat Phranakhon University, and is also close to Don Mueang Airport, making it a zone with both job opportunities and large educational institutions, which is expected to drive demand for condo rentals in this area.

The Knightsbridge Phaholyothin Interchange is a 14-story high-rise condo with two buildings, totaling 726 units on a 5-1-32 rai plot of land. The residential units are located from the 6th to the 13th floors, with four types of units fully fitted:

1 Bedroom 23.3 – 34.2 sq.m.
1 Bedroom Plus 33.4 – 38.8 sq.m.
2 Bedrooms 48.9 – 51.2 sq.m.
Duplex 23.3 - 51.2 sq.m.

Fully Loaded with 30 Day 30 Facilities: The Largest Luxury Common Area in Northern Bangkok

Many people choose to live in condos because they enjoy a variety of amenities. The Knightsbridge Phaholyothin Interchange project offers over 30 amenities in the common area that cater to residents' needs, addressing every lifestyle activity. You could live in the condo for 30 days and choose different activities in the common area without repeating, following the concept “More Choices More Chances: Opportunities that increase choices for living”, divided across the 1st floor, 4th floor, and the rooftop, which offers stunning city views.

Open Sample Rooms at Knightsbridge Phaholyothin Interchange

Today, the team from Terra BKK has captured images of the sample rooms for you to see, showcasing three types: 1 Bedroom Superior, 1 Bedroom Deluxe, and 1 Bedroom Plus Suite. Each room is well-designed with functional layouts, especially the kitchen, which has a clearly defined cooking area. Additionally, built-in standard furniture is provided, such as kitchen counters (electric stove, hood), wardrobes, bed bases, TV shelves, and air conditioning according to room size, making it easier and more convenient for residents to move in without needing to purchase additional furniture, saving money as well. This is ideal for those looking for condos to rent out.