Aspire Asoke Ratchada
✅ Prime New CBD Rama IX
✅ Walk to MRT Rama IX & MRT Thailand Cultural Centre
✅ Future MRT Interchange Station
✅ Walk to Grade A Offices – AIA Building , Stock Exchange of Thailand, G Tower, and more
✅ Wide Array of Amenities – Central Rama 9, Esplanade, The Street Ratchada, Night Train Market Ratchada, etc.
✅ Office Building: AIA Tower, G Tower Grand Rama9, Unilever Headquarters, The Stock Exchange, China Bank, Chinese Embassy,
✅ Shopping Area: Tesco, Fortune Town, Show DC, Central Plaza Rama9, The Street Ratchada, Esplanade Ratchada , Ratchada Train Night Market
✅ Traffic Station:MRT Phra Rama9 Station, MRT Thailand Cultural Center, Airport Rail Link Makasan Station
- Located within Rama 9 Ratchada New CBD
- Total project land area of over 4 Acres providing large open spaces
- Resort style living with Colonial Pop Architecture
- Affordable Luxury with average price of only THB 90,000 / sqm
.Affordable New Condo at Asoke/ Rama 9 Area. Huge Potential for Capital Appreciation, Good Rental Demands
Introduction
Project Name | 泰国曼谷. Aspire Asoke Ratchada @Bangkok |
Developer Name | AP Thai (Top 5 Developers) |
Location | Soi Sutthiporn, Dindang District |
Tenure of Land | Freehold (Foreigners Eligible) |
Expected Date of Completion (T.O.P.) | Q3-Q4 2020 |
Site area | 11-0-41.1 Rai |
Total No. of Units | 1025 (Residential) + 3 (Commercial)
|
Car Park Lots | 387 Carpark lots |
Due for completion in Q3/ Q4 2020, Aspire Asoke Ratchada will comprise 1,025 freehold condominium units and three retail units in six low rise (8-Floors) buildings with a ratio of 38% car parking spaces. Prices for Aspire Asoke – Ratchada are extremely competitive for this popular Bangkok district and start at 1.99 MB (US$60,000 HK$470,000, SG$81,000, CNY402,000, EURO53,000).
The developer behind Aspire Asoke – Ratchada is AP, one of Thailand’s largest publicly-listed developers.
About Developer’s Background
Project Highlights
Aspire Asoke Ratchada Unique Features:
- Location: Located in the heart of Bangkok’s New CBD, only 700 meters from Ratchadapisek Road and 1.15 Kms Rama 9 MRT Station with a shuttle bus service
- Price: Priced around 90,000/sq.m., well below the Average of THB175,000/sq.m. for the Asoke – Rama 9 New CBD area
- Investment: The number of Chinese expatriates in Bangkok has risen over 120% over the past six years – a large tenant rental pool. Properties in the area enjoy higher than average capital growth and rental yields of between 5% and 6%.
- Payment Terms: Small down payment – only 20% during construction with the remainder due upon completion, Up to 70% mortgage finance available for foreigners
- The Developer: AP is listed on the Stock Exchange of Thailand, one of the country’s leading developers of residential properties near mass-transit stations.
Why Invest in Bangkok?
Aspire Asoke Ratchada Surrounding Projects
Rama IX Super Tower
This skyscraper is scheduled to be the tallest building in South East Asia with the height of 615 metres, stretching up towards the sky on the new CBD. The marvelous architecture will comprise offices and lifestyle amenities to attract local and foreign visitors, on the area over 320,000 square metres.
Singha Complex
Singha Complex is the first upcoming mega project in the vicinity. It’s a large-scale mixed-use development from Boon Rawd Brewery, a forefront beer and beverage producer of Thailand. The project comprises a luxury hotel, high-end residence, offices, and myriad retails. In addition, when the project is complete, the unit price at IAshton Asoke Rama 9 will definitely surge.
Makkasan Complex
Second, Makkasan Complex is waiting to be another landmark, and it will be positioned not too far away near ARL Makkasan Station, on the area over 745 rai or 295 acres. The project comprises a complex mall and greenery park for visitors to unwind.
The Grand Rama 9
Third, this is a huge mega project which will transform this territory to be the new CBD. The Grand Rama will comprise the following highlights: G Land Tower, The 9th Tower, The Shoppes at Corridor, U Place (Uniliver), CentralPlaza Grand Rama 9, Belle Grand Rama 9, Luxury Hotel, and Office Complex.
G Tower
G Tower is one of the astonishing buildings in The Grand Rama 9 which is now being constructed aside Ratchadaphisek Road. The building offers grade-A offices for companies to invest and settle in.
Location Map
Aspire Asoke Ratchada is located in Ratchada-Rama IX, Bangkok’s new CBD. The Ratchada-Rama IX area is home to the Stock Exchange of Thailand (SET) and many of Bangkok’s newest Grade A office buildings, attracting leading public listed Thai companies and multinational corporations to set up their base here. Popular shopping malls, department stores, night markets, restaurants, and cafes make the area an extremely vibrant location to live, work and play.
- Nestled between Thailand Cultural Centre and Bangkok New Central Business District RAMA 9
- Approx 5 -7 minutes walk to China Embassy
- Within walking distance to many Grade A Offices such as AIA, Stock Exchange of Thailand, G Tower and many Shopping Malls such as Central Rama 9, Esplanade, The Street Ratchada
- Wide Array of Amenities – Shopping Malls, Restaurants, Grade A Offices, Embassy etc
- Approx 10 -15 minutes walk to RAMA 9 and Thai Cultural Centre MRT
Aspire Asoke Ratchada benefits by being only 700 metres from Ratchadapisek Road and 1.15 Kms (a 15 minute walk, or shuttle bus service) from Rama 9 MRT Station and a short further walk to Bangkok’s Airport Link Express. Visitors arriving at Suvanabhumi International Airport can be at Aspire Asoke-Ratchada within 45 minutes of passing through airport customs. The development is also within easy distance of the Si rat Expressway, Bangkok’s biggest expressway network.
Aspire Asoke Ratchada is strategically located in the New CBD area, surrounded by several mega projects including the Grand Rama 9 project by G Land, Singha Complex and the soon to be launched Makkasan Complex.
The New CBD area comprises of over 2 million square meters of office, hotel and retail spaces in G Tower, Unilever House, The Ninth Towers, the new Stock Exchange of Thailand, AIA Capital Center, Central Rama 9, The Street Ratchada and The Shoppes at Belle, making it an ideal area to live in or to invest. Rental yields in the Rama 9 area are among the highest in Bangkok and the projections for capital growth are equally strong.
Other supporting amenities such as schools and hospitals are also within an easy reach. KIS International School, SISB International School, The Regent’s International School Bangkok, University of Thai Chamber of Commerce, Rama 9 Hospital, Bangkok Hospital and Bumrungrad Hospital are easily accessible from Aspire Asoke – Ratchada.
The demographics of residents in the area are middle-income Thais as well as Chinese and Korean expatriates. The area is popular among the Chinese community due to its proximity to the Embassy of the People’s Republic of China, located just 700 meters away from Aspire Asoke – Ratchada on Ratchadapisek Road.
Site/Floor Plan
Aspire Asoke Ratchada is constructed on a large piece of land of more than 11 Rai (4 acres) allowing for open green spaces and generous distances from buildings nearby.
The concept behind Aspire Asoke Ratchada is ‘Colonial Pop’ appealing to a younger demographic, and the development is designed to be a green oasis in the heart of one of Bangkok’s most exciting districts.
Facilities at Aspire Asoke Ratchada are extensive and include a rooftop clubhouse, a glass house, verandah seating in green areas, a lap swimming pool and a separate children’s pool, a co-working space, a function room, a yoga room and a professional gymnasium with TRX facilities.
There is an emphasis on privacy at Aspire Asoke – Ratchada with private seating areas in garden areas and green walkways for residents wishing to take-in the fresh air early in the morning or in the evening after work.
Floor Plan:
Level Open for Advanced Booking (2nd & 7th Floor)
Studio
1Bedroom
2Bedroom:
Unit Mixes:
There are 3 unit-types available at Aspire Asoke – Ratchada with floor areas and configurations as follows:
- Studio – 25 sqm (26% of unit types)
- 1-Bedroom & 1-Bedroom Plus – 30 – 35 sqm (64% of unit types)
- 2-Bedrooms, 2-Bathrooms – 49.5 – 51 sqm (10% of unit types)
All units are delivered fully fitted with kitchens, including a hob and an extractor, fully fitted bathrooms, wardrobes, laminated flooring and air-conditioners. A full furniture package is also available.
Price Guide/ Sales Package
⭐LATEST PRICE GUIDE⭐
100% Sold
Please Contact Us at +65.84188689
It is important to only engage the Official Direct Developer Sales Team to assist you to enjoy the best possible direct developer price. There is no commission required to be paid.
Other Costs:
- Maintenance Fee THB57 per sqm/month (pay annually)
- Sinking Fund THB500 per sqm (one-time payment)
- 2% Transfer Fees on Registered Value
- THB2,000 – Estimated Admin Charges
- THB4,000 – Estimated Electrical Activation Charges
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TAXES FOR BANGKOK PROPERTY
Category | Sale of freehold land and property | Liability to tax |
Transfer fee | 2% of official appraised value | Seller/Buyer |
Specific business tax (applicable only within 1st 5 years of ownership) | 3.3% of official appraised value or the contracted sale price, whichever is the higher or N.A. | Seller |
Stamp duty (applicable from 6 years of ownership) | 0.5% of official appraised value or the contracted sale price, whichever is the higher or N.A. | Seller |
Withholding tax | If seller is company: 1% of official appraised value or the contracted sale price, whichever is the higher or N.A. If seller is individual: 5% – 35% of official appraised value or the contracted sale price, whichever is the higher or N.A. | Seller |