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Life Sukhumvit 62

$ 120,000 SGD from
Sukhumvit Soi 62 , Bang Chak, Phra Kanong , Bangkok 10260 Thailand,
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Master Bedroom High class furnishings and fittings Living Room Co-working Space Mezzanine Sky Lounge Typical Bedroom Greenery Spaces Grand Lobby Rooftop Facilities (Fitness Centre and Infinity Edged Pool) Greenery Spaces Rooftop Facilities (Fitness Centre and Infinity Edged Pool)

Life Sukhumvit 62–Rare Freehold Condominium in Bangkok’s Up & Coming  Residential Development Zone, ~200 metres away from BTS Bang Chak, Close Proximity to Well Known International Schools, Commercial Offices and Shopping Malls. As much as 50% More Affordable than Lower-Middle Sukhumvit with Potential Yield >5%! From S$1xxK only.

First Global Launch – Enjoy Attractive VVIP Prices and Discounts! Secure your units Now. Limited Units left

Register Now for VVIP Preview- Studio, 1 and 2 Bedroom Units available from only S$12xK / THB120,000 psm (indicative). Limited Units Available (Last 10 Units for Foreigners)!! Deferred Payment (15%) – Own a Unit from Just S$2xK!

SMS/Whatsapp “Life Sukhumvit 62” to +65-90272297 to find out more about this Rare Opportunity!


Life Sukhumvit 62

LIFE Sukhumvit 62 is an upcoming Freehold Development by Thailand’s Top Listed Developer AP (Thailand) and Top Japan Developer Mitsubishi Estate Group. It is located in the Up and Coming Residential Development Zone popular with Expats and Locals and is ~200 metres from the nearest Bangchak BTS Skytrain station and 500 metres from the expressway. The location allow easy access and convenience to the different parts of Bangkok. Life Sukhumvit 62 standing tall at 24th Storey will be the Tallest High-Rise Freehold Condo in the Vicinity. It is a Low Density Development with only 438 Residential Units ranging from Studio, 1 and 2 Bedroom units.

LIFE Sukhumvit 62 is designed under the concept of Life Space for the Future to bring living quality of urbanites to the next level. It has a Digital Co-working Space and Cocoon Space in the common area that allows residents to work in the comfort with their apartments just downstairs. There will be certain provisions set aside within the development for Green Landscape and with seats and walkways in shaded corners to ensure beauty and maximum privacy just like working in natural settings. There will also be Luxury Rooftop Facilities such as Infinity Edged Pool that will offer views of Sukhumvit and Bang Kra Jao oasis and a Sky Fitness Centre for residents who likes to engage in Physical activities.


LIFE SUKHUMVIT 62 PROJECT INFORMATION

DevelopmentLife Sukhumvit 62
Project InformationHigh Rise 24 Storey Condominium with Fitted Residences and 1 Commercial Shop
Location Sukhumvit Soi 62 , Bang Chak, Phra Kanong , Bangkok 10260 Thailand
DeveloperAP (Thailand) Public Company Limited + Mitsubishi Real Estate from Japan
Tenure Freehold (Foreigners Eligible)
Site Area2-2-67.2 Rai (Approx 45,949sqft)
Total No. of Units 438
Total No. of CarparksParking Spaces (40%) - 176 cars
Expected TOP Date2020
Unit MixStudio: 25 sqm
1 Bedroom: 30sqm / 35sqm / 38sqm / 39sqm
2 Bedroom: 45sqm / 50sqm / 68sqm
Indicative Pricing THB120,000 psm / S$12xK
Maintenance Fees
Sinking Fund
Sinking Fund – THB500 PSM ( One-time payment During Transfer)
Common Fee – THB49 PSM/ MONTH ( Annual Payment)
Furniture & FixturesFully fitted with Aircon, Built-in Kitchen Cabinets, Sanitary Fittings,
Cooker Hood and Hob

THE DEVELOPER

Life Sukhumvit 62 Developer-Profile Life Sukhumvit 62 Developer-Profile


LIFE SUKHUMVIT 62 LOCATION

Life-Sukhumvit-62-Bang-Chak

Life Sukhumvit 62 Location

LIFE Sukhumvit 62 is located in the Up and Coming Residential Development Zone popular with Expats and Locals and is ~200 metres from the nearest Bangchak BTS Skytrain station and 500 metres from the expressway. It is also near to International Schools such as Wells International School, Anglo Singapore International School, Bangkok Prep and is near to Commercial Offices and Malls such as M Tower, Seacon Square, Century Movie Plaza, Bangkok Mall just to name a few.

  • ~200 metres to Nearest BTS Bang Chak Station (Main Sukhumvit Line)
    • 3 Stops to BTS Bangna (Bangkok Mall, BITEC, Bhiraj Tower, etc)
    • 4 Stops to BTS Thonglor (Lifestyle and Entertainment)
    • 5 Stops to BTS Phrom Phong (EmDistrict)
    • 6 Stops to BTS Asoke / MRT Sukhumvit Exchange (CBD)
  • ~500 metres to the Chalerm Mahanakorn Expressway
    • Easy Drive to & from the Suvarnabhumi Airport or City Centre
  • Close Proximity to:
    • Schools – Wells International School, Anglo Singapore International School, Bangkok Prep, Chanapatana International Design Institue
    • Commercial – M Tower, Seacon Square, Century Movie Plaza, Whizdom 101, Tesco Lotus, Big C Extra, Phyll Sukhumvit 54 Mall. Bangkok Mall, BITEC, Bhiraj at BITEC, etc
  • Less than 8 minutes to Thonglor, Ekkamai Lifestyle Areas
  • City Fringe Residential Locale Popular with Expats and Locals!!

Invest in LIFE SUKHUMVIT 62– Located in Up & Coming Residential Development Zone, just 3 minutes walk to Bang Chak BTS Station. 

Enjoy Attractive VVIP Prices and Discounts!

SMS/Whatsapp “Life Sukhumvit 62” to +65-90272297 to find out more about this Rare Opportunity!


AMENITIES AROUND THE VICINITY 

From Terminal 21, to the EM district, to the Erawan Museum, there is no shortage of activities to cater to someone staying at Life Sukhumvit 62. 

  • Asoke – Asoke CBD, BTS-MRT Exchange Station, Terminal 21 Mall
  • Phrom Phong – EM district, high-end expat area
  • Thonglo – High-end lifestyle area
  • Ekkamai – Lifestyle area, Gateway Ekkamai
  • Phra Khanong – Art & trendy area, upper & middle class expat area
  • Onnut – Asoke CBD, BTS-MRT Exchange Station
  • Bang Chak – Life Sukhumvit 62
  • Phnnawithi – Whizdom 101
  • Udom Suk – Soi Udom Suk street food and market
  • Bang Na – Ikea, Mega Bangna, Bangkok Mall
  • Bearing – Erawan museum, Bang Pu seaside
  • Samrong – Future green line extension, future yellow line exchange stations

FACILITIES AND LIFESTYLE 


LIFE SUKHUMVIT 62 SITE PLAN / FLOOR PLAN

Life Sukhumvit 62 Site Plan


LIFE SUKHUMVIT 62 INDICATIVE PRICES / PAYMENT SCHEDULE

Indicative Prices:

  1. Studio (25sqm) Indicative Prices from S$12xK / THB120,000 psm
  2. 1 Bedroom (30sqm) Indicative Prices from S$15xK / THB120,000 psm
  3. 2 Bedroom (45sqm) Indicative Prices from S$22xK / THB120,000 psm
  4. Up to THB300,000 Early Bird Discount if you signed up NOW!!

*Prices are indicative – Confirmed Prices to be released near the Preview Day (tentative 23rd Mar 2018). Limited Units only 24 units available for Sale!

Payment Schedule:

  1. S$2,000 cheque payable to “Huttons International Pte Ltd” as reservation fee (refundable after first downpayment)
  2. 15% of the Purchase Price within 5 days of Reservation
  3. Balance 85% + 2 % Transfer Duty payable on Completion/Handover (estimated in 2-3 years time)

The following list shows the per sqm THB prices of comparable developments around Life Sukhumvit 62. Do note that this is indicative based on current market prices.

  • Asoke – THB250k per sqm
  • Phrom Phong – THB300k per sqm
  • Thonglo – THB300k per sqm
  • Ekkamai – THB250k per sqm
  • Phra Khanong – THB190k per sqm
  • Onnut – THB150k per sqm
  • Bang Chak (location of Life Sukhumvit 62) – THB120k per sqm
  • Pnuuawithi – THB150k per sqm
  • Udom Suk – THB110k per sqm
  • Bang Na – THB130k per sqm
  • Bearing – THB80k per sqm

Invest in LIFE SUKHUMVIT 62– from only S$12xK / THB120,000 psm. As much as 50% More Affordable than Lower-Middle Sukhumvit with Potential Yield >5%! Only 15% Downpayment (S$2xK) to own a unit

Enjoy Attractive VVIP Prices and Discounts!

SMS/Whatsapp “Life Sukhumvit 62” to +65-90272297 to find out more about this Rare Opportunity!

 


PRICES ALONG SUKHUMVIT BTS LINE 

According to AP, the developer of life Sukhumvit 62, condominiums along the Sukhumvit BTS Line fall into one of three main sections

  • 1) Upper Sukhumvit (Nana station-Ekkamai station) where condominiums, built right the heart of prime central business district, are in the luxury segment at Bht 290,000-400,000/sqm price range
  • 2) Mid-Sukhumvit (Phra Khanong station-Nana station) where condominiums in the Bht 100,000-250,000/sq.m. price range for sale in high-potential locations surrounded by growing city trends. This section of Sukhumvit is also clearly affected by Upper Sukhumvit’s extended urbanization triggering demand for condominiums in the area. Developers are challenged to find the right plot of land and manage their price package to meet customer demand and price limitations. AP is looking to fill a gap in this section of Sukhumvit.
  • 3) Lower Sukhumvit (Bearing station-Erawan station) where condominiums are in the Bht 70,000-120,000/sqm price range.

Source: AP Development

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 only S$1xxK with Low Down-payment & Deferred Payment Scheme

TAXES FOR BANGKOK PROPERTY

CategorySale of freehold land and propertyLiability to tax
Transfer fee2% of official appraised valueSeller/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 taxIf 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
0-150,000Exempt
More than 150,000 but less than 300,0005
More than 300,000 but less than 500,00010
More than 500,000 but less than 750,00015
More than 750,000 but less than 1,000,00020
More than 1,000,000 but less than 2,000,00025
More than 2,000,000 but less than 4,000,00030
Over 4,000,00035

*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


 

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.

Address: Sukhumvit Soi 62 , Bang Chak, Phra Kanong , Bangkok 10260 Thailand
City:
State/County:
Country: Thailand
Property Id : 2102
Price: $ 120,000 SGD from
Property Manual ID: 2323
Project Name: Life Sukhumvit 62
Developer: AP (Thailand) and Mitsubishi Estate Group
Property Type: Condominium
Tenure: Freehold
Site Area: 2-2-67.2 rai ( Appro. 45,949sqft )
Number Of Units: 438
Price: $130,000
Estimated Completion: To be advised
Unit Mix: Studio, 1 and 2 Bedroom
Number Of Floors: 24
Buyers Eligibility: Foreigners eligible to Buy/Invest
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Alan Mok

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