The Petchburi-Thonglor area is considered one with high growth potential, as well as an important business area in Bangkok. It also conveniently connects to major roads such as Rama 9, Sukhumvit, Ratchada, and Asoke. For the most part, the new projects in the area include mid to high range condominiums, with relatively high price competition.
Ms. Potjaman Vorakitpokaton, Director of Sales and Marketing, Knight Frank Thailand Co., Ltd., said, “If you compare the prices of condominiums in Bangkok, you will find that mid range condos on Petchburi are more reasonably priced than in other locations. Most recently, the top condominium development from Sena Development “Niche Pride Thonglor-Petchburi” received an award, “Best Affordable High Rise Condominium from Thailand Property Award 2017”, for its guaranteed value. The final phase of the project has been launched at competitive prices, with furnished units that are ready for occupany. A 30 and 34.5 sqm. unit is priced at just 110,000 baht per sqm, which reflects the relatively lower cost of the land and construction costs that have remained constant for the past 3 years. Niche Pride thus enjoys a cost advantage as well as convenience of travel, being next to the Petchburi MRT station and Airport Link at Petchburi. In addition, the project offers a range of facilities such as a 35-metre long saltwater swimming pool, fitness room, sauna, and Exclusive Lounge. There is also a distinctive solar cell project that helps save electricity and lowers common expenses. The convenient location in the heart of Thonglor-Petchburi also affords easy access to many places such as Bangkok Hospital, Samitivej Hospital, Rama 9 Hospital, EmQuartier, Central Rama 9, Esplanade and Singha Complex. It is attractive when compared to other new condominiums in the area such as The Reserve, priced at 250,000 baht per sqm., The Esse at 240,000-270,000 baht per sqm., Ashton at 200,000-250,000 baht per sqm., Ideo Mobi Asoke at 180,000-200,000 baht per sqm., Maru Ekamai 2 at 146,000-200,000 baht per sqm., Rhythm at 183,000-200,000 baht per sqm., and The Line at 150,000-190,000 baht per sqm.”
Niche Pride Condo is thus considered to be a high end condo at a very reasonable price. It certainly offers the most value for money, especially for investors. The project lends itself well to the urban Bangkok lifestyle with its central location in the heart of the Thonglor-Petchburi business district. Prices start at just 3.9 million baht. There is an actual unit serving as the show unit, along with a special price promotion of 3.59 million baht for a limited number of furnished, ready-to-occupy units. The lovely views are of the swimming pool and common garden areas. For more information, please contact 095 484 7070 or nichepride@th.knightfrank.com.
