Aspire Sukhumvit - Rama 4
Aspire Sukhumvit - Rama 4 is an exciting new and affordable condominium launch from AP in one of Sukhumvit’s most popular up-and-coming residential areas. ‘Aspire’ condominiums have an enviable track-record for their popularity among buyers and tenants alike, and have traditionally sold-out to a healthy mix of local Thai and foreign buyers from all over the world.
This latest development from AP promises even more appealing features and is located in a fast-growing Bangkok neighbourhood on Rama IV Road, equidistant from the city’s CBD area on Sathorn Road and the popular residential, shopping, and entertainment district along Sukhumvit Road.
Due for completion in mid-2025, Aspire Sukhumvit - Rama 4 is positioned with easy access to Phra Khanong BTS station, Ramintra-At Narong expressway and Chalerm Mahanakhon Expressway. It is also only a few minutes away from Bangkok's most vibrant entertainment, dining and retail districts at Thonglor and Ekkamai.
Aspire Sukhumvit - Rama 4 will comprise 1,323 freehold condominium units and two retail units in a 38-Floor building with a ratio of 34% car parking spaces to condominium units. Prices for Aspire Sukhumvit – Rama 4 start at only 3 MB (US$ 87,298 HK$ 682,621, SG$ 115,407, CNY 626,100, EURO 77,656).
The developer behind Aspire Sukhumvit – Rama 4 is AP, one of Thailand’s largest publicly-listed developers, in their 20th joint venture with Mitsubishi Estate Group.
project Specifications
Aspire Sukhumvit – Rama 4 is constructed on a large piece of land of more than 4 Rai (2 acres) allowing for large green spaces and generous distances from buildings nearby, and a particular feature for residents will be outstanding views from most units over the city and the Chaopraya River towards the green area of Bang Krachao beyond.
Facilities at Aspire Sukhumvit - Rama 4 are extensive and include The Oasis, The Pick-up, The Aspire Common, The Mail Room, The Co-op Society, The Meeting, The Work Loft, and The Chatroom on the ground floor.
Most residents’ facilities will be located on the 8th Floor and include The Residence, The Workout, The Gym, The Ride, The Island, The Aqua, The Plunge Pool, The Beachfront, The Club, and The Water Lounge.
Finally, on the 38th Floor (top) will be The Deck, The Cloud, The Peak, and The Flyover.
There are 8 unit-types available at Aspire Sukhumvit - Rama 4, including a unique new ‘Vertiplex’ design with a 4.4-metre-high ceiling. Configurations for units at Rama 4 – Asoke are as follows:
- Studio Simplex: 24 – 26.50 sq.m Vertiplex Type G: 25 sq.m
- 1-Bedroom Simplex: 31 – 34 sq.m Vertiplex Type H & I: 30 – 33 sq.m
- 1-Bedroom PLUS: 35 sq.m Vertiplex Type J: 35 sq.m
- 2-Bedrooms, 2-Bathrooms: 55 sq.m Vertiplex Type K: 52 sq.m
All units are delivered fully fitted with kitchens, including a hob and an extractor, fully fitted bathrooms, wardrobes, laminated flooring and air-conditioners. A full furniture package is also available.
price & Promotions
Prices for Aspire Sukhumvit – Rama 4 start at only 3 MB (US$ 87,298 HK$ 682,621, SG$ 115,407, CNY 626,100, EURO 77,656).
Discounts from THB 150,000 depending on size are available for a limited period only during the launch period.
Payment terms at Aspire Sukhumvit - Rama 4 are generous and straightforward. A booking fee of THB 50,000 is required as soon as possible to reserve your unit.
Thereafter a further 15% deposit (less the booking fee) is required to be paid to AP within 7 days after which a Sales & Purchase Agreement (SPA) is prepared. Draft copies of the SPA are available upon request. No further payment is required until completion in mid-2025 at which time the remaining 85% will be due.
Purchasers are free to re-sell their units at any time and mortgages are available for qualified foreign buyers from Kasikorn Bank (Hong Kong residents), UOB, and MBK.
The Common Area Management charge for Aspire Sukhumvit - Rama 4 will be THB 45/M2/Month and the one-off Sinking Fund payment will be THB 450/M2. This means the monthly charge for a studio of 24 sq.m will be THB 1,080 (US$ 30.30).
Factsheet
Location
Anyone familiar with the Bangkok property market will know that the Rama IV area where Aspire Sukhumvit - Rama 4 is located is very much a property hotspot with the city’s largest mixed-use development at One Bangkok currently under construction nearby. Also under construction is the new Dusit Park development and the Dolsiri office building by LPN and Nye Estate. FYI Centre, a modern medium-rise office building is nearby as is the newly completed Parq office building and Med Park Medical Centre.
Aspire Sukhumvit - Rama 4 benefits further by being an easy walk from Phra Khanong BTS Station which is four stops from the interchange of Sukhumvit MRT Station and Asoke BTS (Skytrain) Station on Sukhumvit Road. Expressway links are also within easy reach and direct entry and exit ramps are to be found on Rama IV Road.
Shopping options nearby Aspire Sukhumvit - Rama 4 are exceptional and varied and include some of the best outlets in Bangkok. Terminal 21 is just four stops away by BTS and the expanding Emsphere shopping mecca which includes Emquartier and the Emporium is also easily reachable by public transport. At the other end of your shopping experience, Khlong Toei Market, at Rama 4 Road near Ratchadapisek Road, offers a vast and fresh array of Thailand's diverse agricultural products. Nearby on Rama 4 (at Soi Ari) are Big C Extra and the K Village lifestyle mall as well as Tesco Lotus Extra Rama 4 on the opposite side of Rama 4 Road.
For relaxation and exercise Benjakitti Park, adjoining the redeveloped Queen Sirikit National Convention Center, includes a central lake, an outdoor exercise area, a cycling track and a path for walkers and joggers. Bicycles and boats can also be rented. Nearby Lumpini Park, stretching from MRT Si Lom to Lumpini Stations, is the neighborhood's primary green space, offering walking and jogging trails, playgrounds, and a lake where boats can be rented. Another small city park is located at Soi Ngam Duphli.
nearby amenities
upcoming infrastructure
Dusit Central Park, developed through a partnership between Dusit International and Central Pattana, is a world-class mixed-use development featuring four key elements: a hotel, residences, a shopping complex and an office tower complemented by large green spaces – valued at a total of THB 36.7 billion, the project is expected to be completed by 2024.
One Bangkok, developed through a partnership between TCC Asset and Frasers Property, this fully-integrated district valued at THB 120 billion will feature five grade A office towers, five luxury lifestyle hotels, three ultra-luxury condominiums, four distinctive retail precincts and more – the project will be completed in two stages with stage one expected to be completed in 2023, and stage two in 2026.
The Bangkok Metropolitan Authority proposes to gain Cabinet approval for the MRT Grey Line in 2023, and identify private investor partners in 2024-2025 with a view to commencing construction in 2026 in order for the line to open in 2030. The Grey Line will stretch over 16 kms, including along the length of Thonglor Road, and a station is planned within walking distance of Aspire Sukhumvit - Rama 4.
highlights Of Aspire Sukhumvit - Rama 4
Location: Nearby Phra Khanong BTS Station with easy access to the expressway network.
Facilities: 3 floors and over 5,000 sq.m of residents’ facilities.
Investment: Excellent tenant rental and capital growth prospects.
Payment Terms: Small down payment – only 15% during construction with the remainder due upon completion. Up to 70% mortgage finance available for foreigners.
The Developer: AP is listed on the Stock Exchange of Thailand, one of the country’s leading developers of residential properties near mass-transit stations, in joint venture with Mitsubishi Estate Group from Japan.
For further information including a brochure, floor plans and latest availability at Aspire Sukhumvit - Rama 4 please contact us at info@richmonts.com, call/WhatsApp +66 (0)62 496 6454 or complete the enquiry form.
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