The location of Rajdamri - Sarasin is considered a central CBD area that not only serves as a hub for transportation, jobs, business, and services but also boasts an advantage that is hard to find in other locations: being surrounded by large green spaces such as Lumpini Park and Royal Bangkok Sports Club.

            In addition to being surrounded by greenery, it is noticeable that “Rajdamri-Sarasin” is the only area surrounded by a 5-star quality environment, including embassies, leading national shopping centers, and 5-star hotels. This makes the characteristics of this location an Ultimate Luxury Location without needing any embellishment.

Close to the ‘Siam’ Lifestyle Center, the eternal favorite of Bangkok residents

            No matter how many new shopping centers emerge, none seem to challenge the position of Siam as the popular Lifestyle Center for Bangkok residents. Siam is home to a concentration of diverse shopping and lifestyle options, allowing visitors to find everything in one place without needing to go elsewhere. From MBK Center, Siam Discovery, Siam One, Siam Square, Siam Center, Siam Paragon, Central World, Gaysorn Village, to Central Chidlom and Sindhorn Village, it caters to all generations, from children to adults, accommodating nearly every lifestyle, whether visiting alone, with a partner, friends, or family.

Close to Chulalongkorn University, the higher education institution that parents aspire for their children to attend

            Naturally, everyone wants their children to be in a good environment, and Chulalongkorn University is a goal that parents strive for their children to achieve. It is not surprising to see students from Chulalongkorn University coming from relatively affluent families, as evidenced by the high prices of condominiums around the university. However, many parents still purchase them for their children to live nearby for convenience.

Chulalongkorn University

Close to large green spaces: Lumpini Park and Royal Bangkok Sports Club

            In today's Bangkok, views of large parks have become more desirable than views of tall buildings due to the limited green spaces available. Currently, land adjacent to large parks is highly priced, and both Lumpini Park and the Royal Bangkok Sports Club are locations that developers are competing fiercely to acquire. Not only are they situated near a ‘large’ park, but they also exude a sense of ‘nobility’ and are centrally located.

Image credit: - http://www.facebook.mig.tattwo

 

Surrounded by various international embassies

         There is no other location in Bangkok that has such a concentration of important country embassies, such as the U.S. Embassy, the British Embassy, the Japanese Embassy, and the Australian Embassy, which further enhances the Ultimate Luxury Location and the intrinsic value of this area.

A Super Luxury residential community guaranteed by the ever-increasing land prices

            If we view the Rajdamri area as a battlefield, it can be said that it has been a site of fierce competition for land acquisition among various developers. The Rajdamri-Witthayu-Lang Suan area has seen numerous bidding wars, consistently breaking price records. From 2006, when the price was 950,000 THB per square wah, to 2017, when it soared to 3,100,000 THB per square wah.

            This has led to the development of residences that are classified as Super Luxury and Ultimate Luxury, worthy of the land prices at which they were acquired. The reason land prices in this area can consistently set records is that there is hardly any Freehold land available for ownership.

Why choose Freehold in Rajdamri?

            Being known as the Ultimate Luxury Location in Bangkok, it is a coveted area for many who wish to reside here. The exclusivity, limited by the high Super Luxury prices and the small number of units reserved for actual residents, makes the Rajdamri area a rare find that is hard to compare with any other location.

            Although there are some condominiums in the Rajdamri area, due to land limitations, we must categorize condominiums into two types:

            Leasehold condominiums, which grant ownership rights for a period of 30 years, after which it depends on mutual agreement. Most condominiums in Rajdamri are typically Leasehold.

            Freehold condominiums are those sold outright, but due to land restrictions in this area, which is mostly owned by the Crown Property Bureau, not only are Freehold condominiums rare, but they are also expensive.

            Besides the differences in ownership rights, Leasehold projects generally have prices about 15-20% lower than Freehold projects since you do not own the property indefinitely. However, considering long-term value appreciation, Freehold projects can yield higher profits, especially in a Prime area like Rajdamri, where the price appreciation rate (Capital Gain) is around 6-10% per year, while Leasehold projects are around 3-5% as prices tend to stabilize as the end of ownership approaches.

            The graph below compares the average price increase of Freehold and Leasehold projects that opened in 2007. It shows that in the first 4-5 years, the price increase rates are similar, but after that, Leasehold projects begin to stabilize and increase slightly.

            However, both types of projects suit different lifestyles. Leasehold projects are ideal for singles who do not intend to keep the condominium as an inheritance, while those looking for a property that can appreciate in value or be passed on as an inheritance should consider Freehold projects that can be held long-term.

The Private Residence Rajdamri is a Freehold condominium amidst Leasehold condominiums.

            The project The Private Residence Rajdamri is an 8-story Freehold condominium located on Sarasin Road, which is quiet and highly private. Although it is a condominium, the project is designed to resemble living in a house in the city center, with room sizes ranging from 70 to 245 square meters and only 54 units available.

            From the name of the project, it is evident that it emphasizes high privacy. Starting with the location, even though it is in the Rajdamri area surrounded by luxury amenities as mentioned above, many might worry that the city center is chaotic. However, the project is located on Sarasin Soi 2, just about 150 meters from Lumpini Park, and the surrounding area consists of residential buildings no taller than 8 stories, making the vicinity quieter than the main road, suitable for living.

            The project has only 54 units, with amenities to support residents, including a lobby, mailbox space, outdoor recreation area, swimming pool, fitness and steam room, rooftop organic garden, 24-hour security, and 24-hour CCTV.

            Inside the units, the project The Private Residence Rajdamri focuses on large units to accommodate family living or for those who prefer spacious rooms like a house, with sizes ranging from 70 to 245 square meters.

            Starting with the 1-bedroom, 1-bathroom type, which ranges from 70 to 88 square meters, suitable for comfortable living alone with a focus on large living space.

            For the 2-bedroom, 2-bathroom units, which range from 126 to 163 square meters, they are suitable for 1-2 people, with three layout options available, whether it’s a wide-front room emphasizing a large master bedroom or a wide-front room focusing on a large living area (2 options).

            Finally, the largest unit type is the 4-bedroom, 5-bathroom, with only 2 units available, designed for family living, with various room sizes to accommodate different uses.

           

            The project The Private Residence Rajdamri is a Super Luxury project, ready to move in, with prices starting at 13 million THB, currently offering a promotion with discounts up to 800,000 THB and free transfer fees on the day of ownership transfer. This promotion is valid until December 31, 2019, only. *Conditions apply as specified by the company.

For those interested in visiting the project, contact the project sales Sole Agent: CONNEXTION at 098 246 5920, 02 642 7629, or register at www.theprivateresidencerajdamri.com