The Rich Ploenchit-Nana is a condominium project by Richy Place 2002 Public Company Limited, featuring 3 retail floors or mixed-use space over 3 levels, bringing a fresh perspective to the Sukhumvit Soi 3 area. Its prime location near Bumrungrad Hospital supports the continuously growing Medical Tourism sector.

Why Choose ‘Ploenchit-Nana’?

Just the name ‘Ploenchit-Nana’ signifies a central urban location, maintaining its status as a luxurious and continuously developing prime area. It is surrounded by top-tier facilities, including shopping centers, office buildings, hospitals, educational institutions, BTS stations, and expressways, perfectly catering to urban lifestyles and reflecting its identity as a complete Business District.

The project THE RICH Ploenchit-Nana is located on Sukhumvit Soi 3, connecting Sukhumvit Road and Phetchaburi Road, approximately 300 meters from Nana BTS station and about 500 meters from the Chalerm Mahanakorn Expressway (Ploenchit exit). It offers comprehensive transportation options via public transport, private vehicles, and easy access to surrounding amenities in the Ploenchit-Nana area.

Ploenchit-Nana: A Central Location with Top Tier Surroundings

The excellence of Ploenchit-Nana is reflected in the top-tier amenities available in the area, seamlessly connecting both Lifestyle and Business Districts. It is also home to world-class destinations recognized internationally, including:

  • Shopping Center: Central Embassy - A luxurious shopping center recognized as a world-class destination, with land values reaching up to 950,000 THB per square wah, ranking as the highest land sale of that year, with a total project value of 18 billion THB, housing over 200 leading brands and attracting 50,000-60,000 visitors daily.
  • Office Building: OCC One City Centre - The tallest office building in Bangkok at 61 stories, standing 275.76 meters high, and the most expensive office rental at an average of 1,600-1,700 THB per square meter per month.
  • Hospital: Bumrungrad Hospital - A leading private hospital ranked by The World’s Best Hospitals 2022, scoring 94.7%, the highest in the country, and the largest private hospital in Asia.

Ploenchit-Nana: A Hub for Medical Tourism

Being in close proximity to Bumrungrad International Hospital makes The Rich Ploenchit-Nana a condominium in a medical hub, with Bumrungrad Hospital at its center, making it a location to watch.

Thailand is one of 22 countries worldwide experiencing continuous growth in the Medical Tourism sector. Currently, the global market is valued at approximately 97.3 billion USD (GrandView Research), with Thailand's Medical Tourism market valued at around 5.6 billion USD, a significant share compared to the global market. Thailand ranks 17th in the world according to the Medical Tourism Index 2022 (out of 46 countries), with treatment costs being 55%-70% lower, indicating a growing trend in Medical Tourism in Thailand, with Bumrungrad Hospital being a key highlight in the country’s Medical Tourism landscape.

The Rich Ploenchit-Nana: A Condominium Supporting World-Class Medical Services

Being near Bumrungrad International Hospital as a central hub makes The Rich Ploenchit-Nana a condominium in a medical hub, naturally becoming a location of interest.

In 2022, Bumrungrad Hospital generated a total revenue of 19.394 billion THB, with foreign patients contributing 62.7% or approximately 13.107 billion THB (growing from 5.749 billion THB in 2021). The hospital served patients from over 180 countries, totaling over 620,000 visits, with a capacity of 5,500 patients per day, reflecting its ability to accommodate global Medical Tourism effectively.

The hospital's status as a global destination for foreign patients makes the project The Rich Ploenchit-Nana an attractive investment opportunity, being the only project on the same road as Bumrungrad Hospital, capable of meeting the demand from foreign patients in the Medical Tourism sector.

Growth and Value of the ‘Ploenchit-Nana’ Location

Nana has seen an average land price increase of 30% per appraisal year. Ten years ago, land prices on Sukhumvit Road were estimated at 110,000 - 350,000 THB per square wah, which have continuously risen to current prices of 230,000 - 750,000 THB per square wah. The area around Nana or Sukhumvit Soi 3 has seen land prices rise from 210,000 THB per square wah to 320,000 - 380,000 THB today.

The prime area status of Ploenchit-Nana is reflected in actual land sale prices in the market, with some land selling for as high as 3.3 million THB per square wah. The significant growth in land prices indicates the potential for the area to continue appreciating in value in the future.

Exploring the Condominium Market in ‘Ploenchit-Nana’

The current condominium market in the ‘Ploenchit-Nana’ area has 4 projects still available for sale, with average selling prices ranging from 170,000 - 250,000 THB per square meter. For rental investments, the average rental yield is between 3% - 5.2% per year. Rental prices for studio rooms (26 - 35 square meters) range from 15,000 - 21,000 THB per month, 1-bedroom units (27 - 60 square meters) rent for 20,000 - 45,000 THB per month, 2-bedroom units (50 - 120 square meters) are priced at approximately 35,000 - 70,000 THB per month, and 3-bedroom units (100 - 210 square meters) have rental rates of 80,000 - 200,000 THB per month. The return on investment from holding a condominium in this area yields a capital gain of approximately 3 - 5% per year, with average selling prices for second-hand units ranging from 170,000-330,000 THB per square meter.

The Rich Ploenchit-Nana: The Only Mixed-Use Condominium in Sukhumvit Soi 3

The Rich Ploenchit-Nana is the only mixed-use condominium project in Sukhumvit Soi 3, connecting Sukhumvit and Phetchaburi roads, near Bumrungrad Hospital, in the heart of the Ploenchit-Nana area. The building stands 32 stories tall with 427 units, with room sizes starting from 1-bedroom units of 34 square meters to 2-bedroom units of 70 square meters, featuring extensive common areas across 3 floors, including:

  • Ground floor: Ambient Lobby, Garden, Underground Parking, and Auto Parking.
  • Mixed-use Building: 3 Retail Floors (50 shops).
  • 4th Floor: Business Lounge, Business Meeting Room, Chemotherapy Healing Swimming Pool, Outdoor Garden Terrace, Jacuzzi Sauna, and Kid’s Room.
  • 5th Floor: Yoga Room, Wellness & Fitness Center.
  • 17th, 20th, 23rd, 26th, 30th Floor: Sky Garden Terrace.

Investment Program for The Rich Ploenchit-Nana

The project The Rich Ploenchit-Nana offers a new investment model in real estate through the IP PROGRAM, in collaboration with a Japanese startup company, Kokotel, which has a professional management team providing comprehensive management services in the form of Serviced Residence, ensuring hotel-level service for tenants. The rental yield is guaranteed at up to 7% for 3 years*, with estimated returns of around 4-9% in years 4-9* (not including an estimated capital gain of 5-6% each year). The return from sales (capital gain) is projected at 2-3%, or an annual return of approximately 7-9%. In addition to rental income, unit owners can stay for free for 7 days per year, with a 15% discount for longer stays, receiving returns quarterly.

Become the owner of The Rich Ploenchit-Nana, the only mixed-use condominium in the Medical Tourism area near Bumrungrad Hospital in the heart of Bangkok, Ploenchit-Nana, today. For more details, click - https://shorturl.at/bmH08