Knightsbridge Sukhumvit-Thepharak – Rare Freehold Condominium Zero meters to MRT Thippawan, Future Yellow Line. East of Bangkok near to Bangna Transformation Area. International Quota Units (Fully Fitted) Indicative Prices from S$11xK
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KnightsBridge Sukhumvit – Thepharak is a new condominium project in a greater Bangkok neighbourhood poised for explosive growth in the next few years. Origin Property PCL, an award-winning Thailand residential property developer specializing in condominium projects convenient to mass transit, invites residents to “Discover the Shining Future” in the outer Sukhumvit area. The new MRT Yellow Line monorail, open in 2021, will stop directly in front at Tippawan Station, connecting with BTS (Skytrain) Samrong Station, one stop away – Samrong Interchange – the central hub connecting areas between the Commercial and Industrial sectors. KnightsBridge Sukhumvit-Thepharak is also close to many well known International Schools, Reputable Hospitals and Southeast Asia’s Largest Shopping Complex.
Packed with smart-home features including smart mirrors, digital door locks and home automation, and providing more than one rai (1,600 square metres) of outdoor gardens and green space, the single 35-storey tower offers 474 residential units in one-bedroom, one-bedroom Plus and two-bedroom configurations ranging from 23.5 – 55 sqm, plus automatic parking for 49 percent of units. A “twilight edge” pool, fitness center, rooftop sky bar, and co-working and co-cooking spaces are among the amenities available to all residents. Developer will also provider 24 complimentary cleaning services by PRIMO company.
PROJECT INFORMATION
| Development | Knightsbridge Sukhumvit-Thepharak |
| Project Information | One High-rise Building (35 storey )with Full Condo Facilities |
| Location | Bang Mueang Mai, Mueang Samut Prakan District, Samut Prakan 10270, Thailand |
| Developer | Origin Property Public Company Limited |
| Tenure | Freehold (Foreigners Eligible) |
| Site Area | 1-3-54 Rais |
| Total No. of Units | 474 residential units + 1 commercial |
| Total No. of Carparks | 49% |
| Expected TOP Date | Quarter 2022 |
| Unit Mix | 1 and 2 Bedroom |
| Indicative Pricing | From S$1xxK |
| Maintenance Fees Sinking Fund | THB 500 per sqm (one-time payment) THB 50 per sqm/month (collect annually) |
| Furniture & Fixtures | Fully Fitted |
ABOUT THE DEVELOPER
Origin Property (ORI) was established in 2009 and listed on the Stock Exchange of Thailand in 2015. ORI has focused on condominium projects that are located near existing or future mass-transit stations. ORI started out as a mid-range to-low-end player and then entered into the high-end market in 2017 via the acquisition of Proud Property, the owner of Park 24 in Soi Sukhumvit 24. It has also entered into joint-ventures deals with Nomura Real Estate, proclaiming that this is a long-term partnership. ORI’s main strategy is to develop new projects along the mass-transit stations and near major industrial estates.
The Origin Empire now comprises three groups of businesses. These include (i) Origin Property Plc. (ORI) which focuses on residential property development, (ii) One Origin Co., Ltd. which will concentrate on recurring-income businesses, and (iii) Primo Property Solutions Co., Ltd. which will focus on property management, housekeeping, realtor and digital butler services.
ORIGIN PROPERTY PUBLIC COMPANY LIMITED创立于2009年，于2014年注册为上市公司，并于2015年开始在泰国证券交易所进行交易，多年来是泰国排名前十的房地产开发商，专注于曼谷及其周边的公寓、独立式住宅和酒店的开发，其中一部分项目是与日本房地产开发商野村房地产控股公司合资开发。
KNIGHTSBRIDGE SUKHUMVIT-THEPHARAK LOCATION
- Zero Metres to upcoming MRT Thippawan under Future Yellow Line and 4 interchange stations
- Close Proximity to Well known international schools such as Bangkok Patana School and Berkeley International School Bangkok
- Close Proximity to Well-Known and Reputable Hospitals such as Thai Nakarin Hospital and Sikarin Hospital
- Close Proximity to “The Bangkok Mall” which is the largest Southeast Asia shopping complex. The renowned Mega City, Central Bangna, International Exhibition Centre BITEC and Grade A commercial building BHIRAJ Tower is also just round the corner.
- Surrounded by more than 30 social media influencers rated restaurants, 11 hypermarkets, 5 cultural and creative communities
- Eastern Economic Corridor (EEC) connected directly to Bangkok, subway, skytrain, airport link and linking to all Asean countries.
KNIGHTSBRIDGE SUKHUMVIT-THEPHARAK TYPICAL SITE PLAN
Project facilities (outdoor): urban forest, serenity garden, four season garden, panoramic sky garden, barbeque area, playground
Project facilities (indoor): sky bar, twilight edge pool, commercial complex, gaming room, fitness centre, private ballroom.
On the second floor is an indoor co-cooking space with a large dining table, and a co-working space and library.
The 11th floor provides an outdoor “Social Garden” and “Sky Lounge”.
The 474 residential units are located on floors 11 – 29, and in a smaller upper extension from floors 31 – 35, along a double-loaded corridor running north and south. Near the northwest corner is the lift lobby and one emergency stairwell. Another stairwell is located near the southwest corner. The 11th floor has 14 units (because of the large space taken up by the”social garden”), floors 12 – 29 have 22 units per floor, and floors 31 – 35 just 12 units each.
The majority of units on floors 11 – 29 are one-bedroom, in two configurations: Type B1 (23.5 – 26 sq.m.) and B2 (27 – 28 sq.m.). They’re found all along the corridor facing east and west. There are four one-bedroom Plus units per floor, a Type BP1 (30.5 – 31.5 sq.m.) in the center of the corridor facing west, another BP1 near the lift lobby facing east, and two Type BP2 (39 sq.m.) units in the northwest and northeast corners. On floors 31 – 35, a two-bedroom Type C1 (53.5 sq.m.) unit is positioned in the southwest corner and a C2 (55.0 sq.m.) unit in the southeast. BP2 one-bedroom Plus units are in the northwest and northeast corners, and a single BP1 unit and two B1 units are across from the lift lobby.
The 30th floor is dedicated to the “twilight edge” swimming pool, L-shaped and approximately 7 by 15 metres. Partially covered but offering a splendid view of the sky, it includes a children’s pool, Jacuzzi and an island terrace with lounge beds and chairs. At the north side of the building, directly across from the lift lobby, is the well-equipped fitness centre with full-height panoramic windows, and men’s and women’s changing rooms. The facility doesn’t include a steam room or sauna.
On floors 31 – 35, a two-bedroom Type C1 (53.5 sq.m.) unit is positioned in the southwest corner and a C2 (55.0 sq.m.) unit in the southeast. BP2 one-bedroom Plus units are in the northwest and northeast corners, and a single BP1 unit and two B1 units are across from the lift lobby.
On the roof above the 35thfloor is the expansive “Sky Bar” and garden, including an outdoor wet bar. In total, more than one rai (1,600 square metres) is dedicated to green space.
FLOOR PLAN
KNIGHTSBRIDGE SUKHUMVIT-THEPHARAK INDICATIVE PRICES
Indicative Prices
- 1 Bedroom (23.5sqm) from S$11xK
Payment Schedule:
- S$2,000 cheque payable to “Huttons International Pte Ltd” as reservation fee (refundable after first downpayment)
- 25% of the Purchase Price within 7 days of Reservation
- Balance 75% + 2 % Transfer Duty payable on Completion/Handover (estimated Q2 2021)
Sales Package (subject to confirmation):
- Fully Fitted unit Aircon, Built-in Kitchen Cabinets, Sanitary Fittings, Cooker Hood, Hob and Sink. Built-in furniture – 5ft Bed, Wardrobe, TV Cabinet. Home Automation Smart Mirror Cleaning Services Free (Twice a month for 12 months)
- Special VVIP Discount only for Preview Launch
GALLERIES
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 |
The following table lists out the personal income tax rates in Thailand;
| Taxable Income (Thai Bhat) | Tax Rate |
| 0-150,000 | Exempt |
| 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 |
| Over 4,000,000 | 35 |
*For General Guide – A 10m Thai Bhat Property – typical tax rates if you sell within the first 5 years is around 5.5%.
VVIP REGISTRATION FORM
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Last Updated: 10/09/2019
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.
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