Potentially The 1st & The Last Super Luxury Condo at Rama IX – Only ~ 230m from Rama 9 MRT station, in The New Bangkok Central Business District, Opposite Thailand Stock Exchange and upcoming Super Tower (2nd Tallest Building in South East Asia)
Level 35th Available for Sale (Limited Units)
Ashton Asoke Rama 9 – THE FIRST LUXURY CONDOMINIUM WITH BRANDED FLAGSHIP LIFESTYLE DESTINATION. With the advances in technology, design and construction that are rapidly evolving, architects are constantly racing to breakthrough with the new ideas that can overcome the barriers of architectural work. And to bring the eternal distinction of the building. Ashton Asoke Rama 9 endeavors to boast of a unique and enviable design created to be the landmark of Bangkok, like other mega structures in major cities around the world, from New York, London, Dubai, Singapore to Thailand. Enjoy the pride and prestige of Ashton Asoke Rama 9. Enjoy the new experience of living which has never been discovered before.
Ashton Asoke Rama 9 comprises two FREEHOLD condominium buildings with a total of 599 residential units, shown here facing the G Land Tower and the new Super Tower in Bangkok’s New CBD. The Alpha Building on the left has 46 floors with 353 condominiums, while the Omega Building on the right has 50 floors and 240 condominiums. Ashton Asoke Rama 9 will TOP at the end of 2020 (estimated) and there will be 396 Automatic parking lots on site for the residents.
ASHTON ASOKE RAMA 9 PROJECT INFORMATION
|Development||Ashton Asoke Rama 9|
|Description||2 Buildings - Omega and Alpha consisting of 593 Residential Units and 6 Commercial Units|
|Location||Rama IX (Bangkok's New CBD) / ~230 metres to Rama IX MRT Station|
|Tenure||Freehold (applicable to foreigners as well)|
|Site Area||Approx 1 rai|
|Total No. of Units||593|
|Total No. of Carparks||Approx 60% automatic parking|
|Expected TOP Date||End 2020|
|Unit Mix||Studio, 1 and 2 Bedrooms Units|
|Indicative Pricing||See Below|
Ananda is a Public Listed developer founded in 1999 by Chanond Ruangkritya. Ananda (ANAN) has been growing from strength the strength and listed on the Stock Exchange of Thailand since 2012. Ananda is one of the best known developers in Bangkok and is known as the Number One developer that builds the best apartments near to mass transit MRT or BTS/Skytrain stations in Bangkok.
– “Best High-Rise Architecture Thailand” for Morph 38
– “Best Interior Design Show Home Thailand” for C-21 by Asia Pacific Property Awards
– “Top 10 Developer Award” by the BCI Asia Awards 2012
– “Real Estate Project Award (Moderate Pricing)” by the Agency for Real Estate Affairs
Ananda first launched its IDEO brand in 2007 and is now synonymous with stylish, moden, high quality and value-for-money products. The close proximity of Ananda’s projects to the MRT/BTS stations ensures higher premium, capital growth and rental occupancy compared to those further away.
Ananda President and CEO Chanond Ruangkritya explains that the IDEO condominiums reduce waste and time spent driving to work and avoids the heavy burden of owning a car and getting stuck in traffic in bustling Bangkok.
ASHTON ASOKE RAMA 9 LOCATION MAP
Ashton Asoke Rama 9 is located on the last corner plot in Bangkok’s New CBD, only 230 metres from Rama 9 MRT Station. From Rama 9 MRT Station it is just two stops to Asoke (Current CBD) and the MRT/BTS Interchange. The new MRT Orange Line running East West across Bangkok is one station away at Thailand Cultural Centre and will start operation at the end of 2022. Ashton Asoke Rama 9 is also within walking distance to the Makkasan Airport Link Station which will provide an alternative transport to Suvarnabhumi International Airport amidst the traffic in Bangkok.
Ashton Asoke Rama 9 is right in the centre of Bangkok’s New CBD, the headquarters to multinational companies such as Unilever and AIA, as well as the new Stock Exchange of Thailand. Grand Central Plaza Rama 9 is also a new shopping complex, and just across the road, you have the Fortune Town and the Mercure Hotel. The New CBD in fact will house more than 2,000,000 sqm of Offices, Hotels and Shopping Complex combined.
The New CBD will also soon to include Bangkok’s new Super Tower, ASEAN’s tallest building at 615 metres, with 125 floors. Construction of the Super Tower has already started and it is due to open in 2020, at the same time as Ashton Asoke Rama 9.
ASHTON ASOKE RAMA 9 SITE / FLOOR PLAN
ASHTON ASOKE RAMA 9 INDICATIVE PRICE GUIDE / PAYMENT SCHEDULE
- 1 Bedroom 32.5 to 49.5 sqm from THB9.1 mil to THB12.5mil (~S$365K onwards)
- 2 Bedroom 66.5 to 103.5 sqm from THB18.9 mil to THB29.3mil (~S$750K onwards)
- Last 2 Penthouses 122 sqm/ 175.5 sqm from THB42 mil to THB 60 mil (~$1.68 mil onwards)
- Slanted View to Super Tower from THB 10.2 mil (36 sqm)
- Direct View to Super Tower from THB11.6 mil (11.6 sqm)
*From THB252K to 294K psm (Average ~S$1,200 psf)
- Booking deposit : S$2,000 (will be refunded upon first 20% payment)
- Within 2 weeks from Booking : 20%
- SPA signing in Singapore/Other Location as specified at pre-schedule time
- Upon TOP / completion (estimated End 2019) : balance 80%
- Maintenance Fee 85 Baht / Sqm/ month / Paid Annual
- Sinking Fund 1,000 Baht / Sq.M. / One Time Fee
WHY INVEST IN THE BOOMING THAILAND PROPERTY MARKET NOW?
- Bangkok Tourism No.1 in the World Driving Demand for Property
- Massive Transport Infrastructure Master Plan as the Catalyst for Future Growth
- Land Prices Up 100% Since 2015
- Global & Local Investors Attracted to Invest in Bangkok Property for Capital & Rental Returns
- Rise in Leading Global Developers from Japan, China, Hong Kong & Singapore setting up Joint Ventures with Thai Developers to Build Condos
- Specially Curated Best-of-Breed Freehold Condos by Top Listed Developers
- Attractive Prices from with Low Down-payment & Deferred Payment Scheme
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.
The following table lists out the personal income tax rates in Thailand;
|Taxable Income (Thai Bhat)||Tax Rate|
|More than 150,000 but less than 300,000||5|
|More than 300,000 but less than 500,000||10|
|More than 500,000 but less than 750,000||15|
|More than 750,000 but less than 1,000,000||20
|More than 1,000,000 but less than 2,000,000||25|
|More than 2,000,000 but less than 4,000,000||30|
*For General Guide – A 10m Thai Bhat Property – typical tax rates if you sell within the first 5 years is around 5.5%.
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Last Updated: 28/03/2018
Disclaimer: All forms of investments carry risks, including the risk of losing all of the invested amount. Such activities may not be suitable for everyone. Any overseas investment carry additional financial, regulatory and legal risks. Investors are advised to do the necessary checks and research on the investment beforehand. Details of Guaranteed Rental Returns (if any) will be accompanied with the respective Sales and Purchase Agreement.