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The top 10 most expensive condominiums in Bangkok

The Thaiger

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The top 10 most expensive condominiums in Bangkok | The Thaiger
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Bangkok is never short on luxury condominiums, and one new project keeps overtaking the others, in terms of price and amenities. Here are the 10 most expensive condominium units in Bangkok for sale, in 2020. The most expensive condominium on the list is priced at 650 million baht (20 million US$). Which one is for you?

No.1 98 Wireless – up to 650 million baht (20 million US$)

This condominium is Sansiri’s flagship project on Wireless Road, a prestigious tree-lined boulevard in the luxurious residential-diplomatic district, with BTS Ploenchit station and the American embassy, nearby. The condominium sits on a rare freehold that is very hard to acquire. The most expensive unit you can buy right now is the duplex penthouse at 650 million baht (948 sq m). 

  • Type of ownership: freehold 
  • Price per sq m: 685,654 baht

The top 10 most expensive condominiums in Bangkok | News by The ThaigerThe top 10 most expensive condominiums in Bangkok | News by The Thaiger
No.2 Supalai Icon Sathorn – up to 280 million baht (8.85 million US$)

This Supalai condominium on Sathorn Road was developed after the company auctioned the land at a staggering price, from the Australian embassy, which moved to Wireless Road. The project sits in Sathorn, Bangkok’s CBD, halfway between MRT Lumphini and BTS Chong Nonsi stations. The most expensive unit available is the large 5-bedroom duplex (970 sq m) at 289.031 million baht. 

  • Type of ownership: freehold
  • Price per sq m: 289,031 baht

The top 10 most expensive condominiums in Bangkok | News by The Thaiger
No. 3 The Residences at Mandarin Oriental Bangkok – up to 213.3 million baht(6.73 million US$)

This riverside hotel-managed condominium claims the third place with its 360 sq m penthouse, overlooking the Chao Phraya river. This super luxury condo is developed by The ICONSIAM Superlux Residences and managed by Mandarin Oriental. 

It is located on the west side of the river banks, next to ICONSIAM luxury shopping center with BTS Gold Line built (arguably) especially for them. The condominium comes with stunning river views that attract ultra-luxury neighbours like Millennium Hilton hotel and The Peninsula Bangkok.

  • Type of ownership: freehold
  • Price per sq m: 561,316 baht

The top 10 most expensive condominiums in Bangkok | News by The ThaigerThe top 10 most expensive condominiums in Bangkok | News by The Thaiger

No. 4 Four Seasons Private Residences – up to 178 million baht (5.63 million US$)

This prestigious address is another hotel-managed riverfront residence. The condominium is developed by Country Group Development and located on the east side of the river, a more prime area than the west. The most expensive units available are the 5-bedroom, 499 sq m unit at 178 million. Two units are for sale, now. The condominium sits on the King’s private land, so you can only buy them leasehold.

  • Type of ownership: leasehold
  • Price per sq m: 356,713 baht

The top 10 most expensive condominiums in Bangkok | News by The ThaigerThe top 10 most expensive condominiums in Bangkok | News by The Thaiger

No. 5 The Monument Thong Lor – up to 152 million baht (4.8 million US$)

This luxury project by Sansiri focuses on providing generous spaces and a feel of living in a spacious villa. 2.4 kilometers from BTS Thong Lor, this condominium is best for people who prefer private cars over public mass transit. The most expensive unit for sale now, is the 509 sq m penthouse at 152 million baht. 1 unit is available. The most expensive unit, however, is the 662 sq m duplex penthouse, which has been sold. This condominium also welcomes small dogs. 

  • Type of ownership: freehold
  • Price per sq m: 300,000 baht

The top 10 most expensive condominiums in Bangkok | News by The ThaigerThe top 10 most expensive condominiums in Bangkok | News by The Thaiger

No. 6 Banyan Tree Residences Riverside Bangkok – up to 150 million baht (4.74 million US$)

This branded residence is a luxury freehold condominium overlooking the Chao Phraya river bend. The condominium is managed by the global hotel chain Banyan Tree, which founded its first resort Banyan Tree Phuket in Bang Tao Bay, Phuket. The most expensive unit for sale is the 4-bedroom duplex at 150 million baht (420 sq m). 

  • Type of ownership: freehold
  • Price per sq m: 357,270 baht

The top 10 most expensive condominiums in Bangkok | News by The ThaigerThe top 10 most expensive condominiums in Bangkok | News by The Thaiger

No. 7 Saladaeng One – up to 144.5 million baht (4.57 million US$)

This luxury condominium is developed by SC Asset, a property firm in which the exiled former PM Thaksin Shinawatra and his family own a controlling stake. It is conveniently located opposite the lush Lumpini Park with easy access to Bangkok’s financial district. The most expensive unit available is the 413 sq m penthouse priced at 144.5 million baht.

  • Type of ownership: freehold
  • Price per sq m: 350,000 baht

The top 10 most expensive condominiums in Bangkok | News by The ThaigerThe top 10 most expensive condominiums in Bangkok | News by The Thaiger
No. 8 TELA Thonglor – up to 140 million baht (4.42 million US$)

This ultimate-class condominium is developed by Gaysorn Property, who also owns luxury shopping mall, Gaysorn Plaza. This condominium is located in the vibrant Thong Lor district (Soi 13), 1.2 kilometers from BTS Thong Lor. The most expensive unit available now is the 425 sq m 4-bedroom duplex. 

  • Type of ownership: freehold
  • Price per sq m: 329,257 baht 

The top 10 most expensive condominiums in Bangkok | News by The Thaiger
No. 9 Khun By Yoo – up to 139 million baht (4.39 million US$)

This condominium is developed by Sansiri in collaboration with YOO studio and the iconic designer Philip Starck, who also curated furniture pieces to create an unconventional character for this residence. This stylish condominium sits opposite of TELA Thonglor, and its most expensive unit available now is the 294 sq m penthouse at 139 million baht.

  • Type of ownership: freehold
  • Price per sq m: 472,789 baht

The top 10 most expensive condominiums in Bangkok | News by The ThaigerThe top 10 most expensive condominiums in Bangkok | News by The Thaiger
No. 10 Marque Sukhumvit – up to 135 million baht (4.27 million US$)

Marque Sukhumvit is developed by Major Development and is one of the tallest buildings on Sukhumvit road. The condominium is ideally located, just 50 meters from BTS Phrom Phong, and a few minutes from luxury shopping centers such as The EmQuartier and The Emporium. The most expensive unit for sale now, is the 400 sq m penthouse.

  • Type of ownership: freehold
  • Price per sq m: 337,500 baht

The top 10 most expensive condominiums in Bangkok | News by The ThaigerThe top 10 most expensive condominiums in Bangkok | News by The Thaiger

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Business

The post-Covid-19 era: Radical changes in Bangkok’s property market

The Thaiger

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The post-Covid-19 era: Radical changes in Bangkok’s property market | The Thaiger

Property consultants CBRE have come up with their own evaluation of the current Bangkok office market, already getting pounded by regional trends and a high baht, now suffering another challenge – the Covid-19 coronavirus outbreak. They report that this situation will “create another split in our historical timeline – pre and post Covid-19” in Thailand.

“At present, people are talking about how a 100 year event like the Covid-19 global outbreak will affect Bangkok property,” says CBRE property consultants.

“For many years now, companies have been exploring remote work or work-from-home strategies to either minimise costs or cope with the changes of Millennial behaviour during the pre-Covid-19 period. At this time, almost every company, even those who are underprepared, is being forced to undertake this new way of working without a choice,” according to Ms. Roongrat Veeraparkkaroon, Head of Advisory & Transaction Services, CBRE Thailand.

Companies are experimenting a work-from-home policy and perceive an opportunity that it could work when applied to certain business functions and set the right balance between empowering and monitoring teams. This could mean that the future workplace will have a combination of agile workplaces which could be a permanent office as well as work-from-home, and co-working space.

The outbreak is acting as a catalyst that will give a company a clear view whether its remote working policy, which it has been considering, works. Once businesses realise what platform or infrastructure they are missing to support remote work, tech services companies will be one of the first beneficiaries after the storm has passed.

“Many organisations will be looking for satellite offices and cloud-based platforms as a Business Continuity Plan to ensure their businesses will not go dark if their headquarters could not be accessed. Co-working space will be one of the best choices in this case as the company can rent space on demand only when needed. However, in the post-Covid-19 world, co-working space operators will need solid measures to satisfy users that their space are safe and well-prepared.”

CBRE found that while some hotels in Bangkok have decided to shut down during the lockdown period as occupancy rates were in a single-digit level, some organisations have been renting meeting or conference rooms within hotels for weeks to be their backup meeting space when needed.

“Agile workplace has been a hot topic in the pre-Covid-19 world, where collaboration and engagement are encouraged. Initially, agile workplace might sound like a high-risk option for companies at this time; however, as the name suggests, agile workplace or Activity Based Work areas can be easily reconfigured to support social distancing strategies and split teams within offices. Paperless office makes this transition even more seamless.”

In a bigger picture, CBRE Research witnesses many office developments in Bangkok will be delayed as construction activities are halted or postponed as developers take a more defensive stance to assess the situation on a daily basis.

It is also possible that development plans will be revised to make projects more appealing in the Post-Covid-19 era with better property management system, air filtration (as PM2.5 still lingers in the Bangkok skyline) or a well-thought-out BCP to support the tenants.

“Agile and adaptive will be key words in the post-Covid-19 office market, not only to increase efficiency of a workplace but to prepare a business for any unforeseen changes that could occur in the future.”

The post-Covid-19 era: Radical changes in Bangkok's property market | News by The Thaiger

PHOTO: Ms. Roongrat Veeraparkkaroon, Head of Advisory & Transaction Services, CBRE Thailand – CBRE

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Weather

Summer storm warning for 55 of Thailand’s 76 provinces

Greeley Pulitzer

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Summer storm warning for 55 of Thailand’s 76 provinces | The Thaiger

Today Thailand’s Meteorological Department warned people in 55 northern, north-eastern, central and eastern provinces to prepare for possible “strong winds and hail from summer storms”, that are expected through until Sunday. This time of the year is also know as the bridging season between the annual dry and wet seasons. Weather can be unsettled in parts of thailand during this time.

According to the forecast, the storms are due to the convergence of southerly and south-easterly winds, driven by the cold front over Vietnam, Laos and the South China Sea, and the increasingly warm weather over northern Thailand.

Summer storms, some severe, could affect the following provinces from today…

  • Nan
  • Phrae
  • Uttradit
  • Tak
  • Kamphaeng Phet
  • Sukhothai
  • Phitsanuloke
  • Phichit
  • Phetchabun
  • Loei
  • Nong Bua Lamphu
  • Nong KhaiBung Karn
  • Udon Thani
  • Sakhon Nakhon
  • Nakhon Phanom
  • Chaiyaphum
  • Khon Kaen
  • Kalasin
  • Muk Dahan
  • Maha Sarakham Roi-et
  • Yasothon Amnat Charoen
  • Nakhon Ratchasima
  • Buri Ram
  • Surin
  • Si Sa Ket
  • Ubon Ratchathani
  • Nakhon Sawan
  • Lop Buri
  • Saraburi
  • Ayutthaya
  • Bangkok
  • Nakhon Nayok
  • Prachin Buri
  • Sa Kaew
  • Chachoengsao
  • Chon Buri
  • Rayong
  • Chanthaburi

Summer storm warning for 55 of Thailand's 76 provinces | News by The Thaiger

On Saturday and Sunday, the storms are forecast in:

  • Chiang Mai
  • Lamphun
  • Lampang
  • Phayao
  • Phrae
  • Uttradit
  • Sukhothai
  • Tak
  • Kamphaeng Phet
  • Phitsanuloke
  • Phichit
  • Phetchabun
  • Roi-et
  • Loei
  • Nong Bua Lamphu
  • Nong Khai
  • Bung Karn
  • Udon Thani
  • Sakhon Nakhon
  • Nakhon Phanom
  • Muk Dahan
  • Chaiyaphum
  • Kalasin
  • Khon Kaen
  • Maha Sarakham
  • Roi-et
  • Yasothon
  • Amnat Charoen
  • Nakhon Ratchasima
  • Buri Ram
  • Surin
  • Si Sa Ket
  • Ubon Ratchathani
  • Uthai Thani
  • Nakhon Sawan
  • Lop Buri
  • Chainat
  • Ang Thong
  • Sing Buri
  • Saraburi
  • Ayutthaya
  • Bangkok
  • Nakhon Nayok
  • Prachin Buri
  • Sa Kaeo
  • Chachoengsao
  • Chon Buri
  • Rayong
  • Chanthaburi
  • Trat

The weather department says people should beware of severe weather and keep off unsecured buildings and wilderness areas. Farmers should beware of crop damage. Ships at sea should proceed with caution and watch the forecast in their area..

SOURCE: Thai PBS World

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Thailand

Bangkok Airways cancels all domestic flights from April 7

Anukul

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Bangkok Airways cancels all domestic flights from April 7 | The Thaiger
PHOTO: Facebook@FlyBangkokAir

Bangkok Airways has announced today that they will cancel all it domestic flights from April 7 – 30. The company’s vice president, Tresarum Sitakalin says the flights that are being cancelled are…

  1. Bangkok – Chiang Mai
  2. Bangkok – Phuket
  3. Bangkok – Trat
  4. Bangkok – Sukhothai
  5. Bangkok – Samui
  6. Samui – Phuket

“The company had previously decreased flight frequencies on these routes and also using some of their smaller ATR aircraft instead of their Airbus 320 aircraft.”

“From April 7 onwards until April 30, we will cancel all flights.”

Requesting for a refund can be done at www.bangkokair.com/refund or contact their ticketing offices at +662 270 6699 or Bangkok Airways Call Centre on 1771 . For passengers who purchased their tickets through travel agencies, please contact their travel agency directly.

SOURCE: The Nation

Bangkok Airways cancels all domestic flights from April 7 | News by The Thaiger

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