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1 bedroom apartment for sale

£171,182

Thailand - Bangkok

like this property?

Call: 0066904187110

Key features:

  • 1 bathroom(s)
  • Condition: Excellent
  • Floor space: 50
  • Furnished
  • Communal pool
  • Communal garden
  • Garage
  • City Scape view
  • Distance from the sea: 45 mins
  • Distance from an airport: 45 mins

Full description:

If you are looking to be right in the heart of downtown Bangkok, with the citys business district, a multitude of shopping malls, dining and entertainment options right on your doorstep, then Silom is the right area for you. And M Silom is the perfect luxurious project for purchasing due to its location on Narathiwasratchankarin Road, just one block away from Bangkoks central business district.

This super-luxury development consists of four towers of varying heights the tallest of them reaching 53-floors. The modern design of M Silom is sure to become an iconic part of Bangkoks future skyline. The tall, sleek lines of the towers contain just 161 units, ensuring that M Silom will be a highly exclusive development for the fortunate few. With a maximum of six units to any floor, the vast majority of apartments at M Silom are corner units, ensuring a light and airy feel to all of the residences.

Those who buy at M Silom can be assured that they have one of the best addresses in the city due to the fact that the Ritz Carlton Residences Thailands most expensive building, is currently under construction just 300m further down the same road.

Coming from one of Thailands leading developers with a reputation for building some of the most luxurious developments in the country, you can be assured that construction quality and the level of facilities on offer at M Silom are among the best that it is possible to find in the capital. On the 52nd floor of the tallest tower, you can enjoy the spectacular views across Bangkoks cityscape from the Sky Lounge, which contains a bar, dedicated karaoke room and also a games room featuring a full-sized pool table.

Those looking to swim with a view will delight in using the semi indoor and outdoor infinity pool, while those looking for peace and tranquility instead are sure to enjoy the meditation garden on the 39th floor a beautiful open-air garden designed for quiet relaxation, meditation or reading your favourite book. Other facilities available at M Silom include a fitness centre, steam and sauna rooms and a BBQ area. There are also pocket gardens located on every fourth floor, ensuring that no owners are never too far away from some greenery.

As for the apartments themselves, M Silom is different from the majority of high-end developments on sale in Bangkok currently due to the fact that they are supplied on a fully-furnished basis. So that you can be sure that the decor matches your own personal style, there are a choice of five different designs to choose from: the Metro design, the hip Mod scheme, the Minimalux theme, the Mystique look and the Mademoiselle concept. With one-bedroom apartments at the development ranging from 50 53m2 in size, all apartments here are designed for long-term, comfortable living, which will ensure excellent demand from potential rental clients.

So whether you are buying as an investment or as a beautiful home for yourself in a five-star building in a highly central and convenient location, M Silom is a perfect choice.


KEY FEATURES:

- Incredible Central Location
- 53 Floor High Rise
- Panoramic Bangkok Views
- 52nd Floor Swimming Pool
- 52nd Floor Sky Lounge
- Pool Tables
- Close to BTS (Chong Nonsi)
- Fitness Centre
- Fully Furnished
- 24/7 Security
- 24/7 Reception
- Sky Gardens
- Garage Parking


PRICE RANGE:


- 1 Bed Min: 50m2 - TB 7,750,000
- 1 Bed Max: 53m2 - TB 10,348,250

- 2 Bed Min: 63m2 - TB 10,678,500
- 2 Bed Max: 91m2 - TB 20,930,000

- 3 Bed Min: 166m2 - TB 39,840,000
- 3 Bed Max: 166m2 - TB 42,330,000


PAYMENT PLAN:

- Reservation Fee: TB 50,000 - TB 150,000
- Contract Deposit: 10% (within 10 days)
- Interim Payments: 20%
- Handover: 70%


EXTRA FEES:

- Maintenance Fee: TB 50 / per m2 / per month
- Sinking Fund: TB 550 / per m2 / one time
- Transfer Tax: 1%
- Electric & Water Meter: Buyer responsible


COMPLETION:

- September 2014

This pin shows the exact location of the property as provided by the Advertiser

Nearest Airports*

  • Don Mueang (International), 13.7 miles
  • Suvarnabhumi (International), 16.1 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Bangkok Thai Real Estate Co. Ltd, Pattaya

383/2 Moo 12 Sukhumvit Road Nongprue Banglamung Chonburi 20150
0066904187110
About Bangkok Thai Real Estate Co. Ltd, Pattaya

The Number One Choice for Investors

Thailand*s capital city, Bangkok, currently offers an excellent investment opportunity for anyone looking for fast capital appreciation and reliable rental returns.

Compared to other key Asian cities such as Hong Kong, Singapore, Tokyo, Shanghai, Beijing or Kuala Lumpur, prices in Bangkok are currently very low 每 with an average price of just $5,000/m2. This compares favourably to Beijing at $9,500/m2, Singapore at $24,500 and Hong Kong at $31,000/m2. However, such is the strength of the market in Bangkok that prices are guaranteed to not stay this low for much longer. In year to the end of March 2013, prices of condominiums in Bangkok rose by a remarkable 9.39%, making Bangkok one of the fastest-increasing markets in South East Asia.

Due to the country*s fast economic growth, forecasters predict that the property boom in Bangkok is still at the beginning as the economy continues to increase at levels faster than neighbouring countries, with the country*s GDP increasing by 6.44% in 2012. This means that the economy in Thailand is developing at a faster rate than any other country in Asia apart from China and the Philippines. Described by the World Bank as ※one of the greatest development success stories§ for its progress in social and economic development, the country remains on an upward trajectory.

The constantly improving economy has led to the rapid increase of the middle class in Thailand, who are spending their new-found wealth in upgrading their accommodation. This, in turn, has led to the fast increases in prices for condominiums, especially those located in prime positions within the city centre, where few good building plots remain.

The expansion of Bangkok*s Skytrain network is fueling the city*s real estate boom.
The expansion of Bangkok*s Skytrain network is fueling the city*s real estate boom.
The upwards trajectory of Bangkok*s property prices are set to increase still further when the ASEAN Economic Community which offers tariff-free trade and visa-free travel between all member countries comes into effect at the end of 2015. Due to Thailand*s position right in the centre of the ASEAN region 每 at its very crossroads 每 Thailand is expected to benefit more from the introduction of the new trading zone than most of the other member nations.

Much of the activity in the real estate market is centred around developments located within easy reach of stations on Bangkok*s mass transit system, which now makes it easy to navigate the often heavily-congested streets of Thailand*s capital city. The network, which comprises the underground, Skytrain, bus and rail networks, is seeing massive expansion over the next few years with the number of lines increasing from eight to 15. As new stations are announced, so new areas of the city become attractive areas to live.

According to research published by Global Property Guide in April 2013, rental yields in Bangkok range from 3.97% to 7.41%. This makes Bangkok the third best-performing capital city in East Asia after Manila and Jakarta 每 another sign that there is still plenty of capital appreciation left in the market for condominiums.

Smaller apartments earn much higher rental yields than bigger apartments. A 50m2 apartment in Bangkok*s central location earns good rental yields at 7.41%, while a 375m2 apartment also centrally located, earns poor rental yields at 3.97%.

The rental yields from medium-sized apartments are also good. An 80m2 apartment earns moderate to good rental yields at 6.86%, higher than 2011∩s figure of 6.60%. The same can be said about 120m2 apartments, where rental yields have increased to 6.53% from 6.49% the previous year.

Currently foreign buyers make up a relatively small proportion of the total market for condominiums in Bangkok, but this situation is changing fast as well-informed investors realize that there is little growth left in most of the key Asian cities and begin to look further afield to see good returns on their investments.

A Perfect Location for a Second Home

Bangkok attracts not only investors 每 it also attracts foreigners looking for a second home in a vibrant and affordable city, in a country which is well-known for the warm welcome by the country*s friendly and hospitable people. That*s the reason why Thailand is known around the world as &The Land of Smiles*!

Bangkok's shopping malls, climate, cuisine and nightlife make it a Mecca for tourists.
Bangkok*s shopping malls, climate, cuisine and nightlife make it a Mecca for tourists.
The city is now a highly cosmopolitan one which welcomes visitors from all over the globe. Visitors are attracted not only by the legendary Thai hospitality, but also its world-famous cuisine, year-round warm and pleasant tropical climate, thrilling nightlife opportunities, low-cost shopping in the city*s many large, modern shopping malls and beautiful temples and other tourist attractions. English is widely spoken in the city and Bangkok also has a sizable Thai-Chinese population.

With its modern Suvarnabhumi International Airport, Bangkok has become one of Asia*s main transport hubs. In fact, a recent survey conducted by MasterCard found Bangkok International to have recently overtaken London*s Heathrow as the world*s busiest international airport. Tourist numbers to the city are increasing rapidly 每 visitor numbers were up 18.6% year-on-year in the first quarter of 2013. Much of this increase came from China, where over 2 million tourists arrived in the first half of 2013 alone, an increase of 95.06% over the same period in 2012. Chinese visitors are now by far the most numerous visitors to Thailand, accounting for 21% of all international arrivals.

There are also increasing visitor numbers to the city from the Gulf area. The Abu Dhabi to Bangkok route is Etihad*s busiest, having transported 700,000 passengers to the city in 2012. The airline is now adding a sixth flight per day to the city in order to cope with the constantly increasing demand. The new high-speed rail link to the airport makes it possible to reach the centre of Bangkok from Suvarnabhumi in under thirty minutes.

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So, whether you are looking for an affordable second home in an exciting and pleasant city to live or an investment which provides a good steady rental income combined with some of the fastest capital growth that you can find anywhere in the world currently, Bangkok is an ideal choice.


Disclaimer

This is a property advertisement provided and maintained by Bangkok Thai Real Estate Co. Ltd, Pattaya (reference MSilom_3) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Bangkok Thai Real Estate Co. Ltd, Pattaya

383/2 Moo 12 Sukhumvit Road Nongprue Banglamung Chonburi 20150
or call 0066904187110

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