Ideo Sukhumvit Rama 4

Ideo Sukhumvit Rama 4 is a nature inspired city-centre condominium designed with an extensive ‘urban forest courtyard’ on the ground floor. The project is well located only 350 metres from Phrakhanong BTS Skytrain Station in one of Sukhumvit’s most popular residential areas. The starting price of Ideo Sukhumvit Rama 4 is just 4.3 MB for a 29.50 M2 1-bedroom type equating to only THB148,814 per sqm. This is good value for a new Bangkok freehold condominium in this popular residential area and demand on launch is expected to be high among end-users and investment buyers alike. 

The project area extends more than 3-Rai (nearly 1.5 acres) and includes comprehensive residents’ facilities on multiple floors. These features, in addition to a convenient and connected location, will ensure that Ideo Sukhumvit Rama 4 will appeal to both local and foreign buyers and tenants when it is completed in July 2022.
Located on Rama 4 Road, residents at Ideo Sukhumvit Rama 4 will have easy access to both popular shopping as well as commercial areas of the City. It is only 2 stations from BTS Phrakhanong to BTS Thonglor, and just 4 stops to the MRT (subway) interchange at Asoke.

Ideo Sukhumvit Rama 4 comprises 642 FREEHOLD condominium units in a single 32-Storey tower. There will be parking for 344 cars making a ratio of car parking spaces to residential units of 56%. Car parking spaces are not for sale separately and will be available to residents on a first-come first-served basis.

The Thai developer behind Ideo Sukhumvit Rama 4 is Ananda in joint venture with Mitsui Fudosan from Japan. Ananda is listed on the Stock Exchange of Thailand, one of the country’s leading developers of residential properties near mass-transit stations, and Mitsui Fudosan is the number one real estate developer by revenue in Japan.

Founded in 1999, Ananda listed on the Stock Exchange of Thailand in 2012 and has aggressively expanded its project portfolio also receiving numerous industry awards for its projects and business acumen, including an Enterprise Innovation Award in 2018 from the Asia Internet of Things Business Platform for its utilisation of artificial intelligence in construction management, inspection and scheduling.

For further details including a brochure, floor plans and latest availability at Ideo Sukhumvit Rama 4  please contact us at info@richmonts.com  or call +66 (0)62 496 6454

Project Specifications

Facilities at Ideo Sukhumvit Rama 4 will include a private lobby, a creative space and meeting room, a swimming pool with aqua exercise equipment, a semi-outdoor ‘playtivity’ area, a 24-hour professional gymnasium and a floating pavilion. Most facilities will be found on the 6th floor residents’ area.

Also provided for the convenience of residents will be WiFi throughout the common areas, a keycard access system, CCTV and a 24-hour security guard service. 

There are 6 unit-types available at Ideo Sukhumvit Rama 4 with floor areas ranging from 29.50 square metres to 135 square metres in size with configurations as follows:

Studio with Bathroom – 29.50 M2
1-Bedroom, 1-Bathroom – 34.50 M2
1-Bedroom, 1-Bathroom PLUS – 44 M2
2-Bedrooms, 2-Bathrooms – 66 M2
2-Bedrooms, 2-Bathrooms – 74 M2
Penthouses – 89 – 135 M2

All units are delivered fully fitted with kitchens, including a hob and an extractor, fully fitted bathrooms with tiled floors and walls, laminated flooring and air-conditioners. 

Prices & Payment Terms

Prices at Ideo Sukhumvit Rama 4 start at just THB 4,390,000 (US$123,517, HK$965,374, SG$165,055, CNY894,594, Euro114,676) for a 29.50 M2 1-bedroom unit. 

Payment terms for Ideo Sukhumvit Rama 4 are simple and straightforward. A booking fee of THB100,000 (or the equivalent in foreign currency) is required as soon as possible to reserve your unit.

Thereafter a further 20% deposit is required to be paid to Ananda within 15 days after which time a Sales & Purchase Agreement (SPA) will be prepared. Draft copies of the SPA are available upon request. No further payment is required until completion in July 2022 at which time the remaining 80% payment will be due.

The Common Area Management charge for Ideo Sukhumvit Rama 4 will be THB55/M2/Month and the one-off Sinking Fund payment will be THB500/M2. This means the average monthly management fee for a 1-Bedroom 29.50 sqm unit-type will be THB1,622.50 (US$45.49, HK$355, SG$61, CNY329, Euro42).

Purchasers are free to re-sell their units at any time and mortgages are available for qualified foreign buyers from UOB, ICBC and BOC.

Factsheet

Location

Ideo Sukhumvit Rama 4 is located on the main Rama 4 Road a little more than 300 metres from Sukhumvit Road near the Phrakhanong junction. The area is an established Thai and expatriate area with a high tenant demand due to easy access to mid Sukhumvit on the BTS Skytrain and the CBD in the Sathorn area along Rama 4 Road.

At the Phrakhanong junction a new community mall called Summer Hills recently opened, and the area is populated with small restaurants, shops and coffee houses, including in W District just across the road.

There are several well-known international schools within easy distance of Ideo Sukhumvit Rama 4 including St Andrews School, Ekamai International School, Bangkok Prep and Wells International School.

Sukhumvit Hospital is the nearest international medical facility. Notable hotels in the neighborhood include The Mustang Nero, Ibis Styles Bangkok, X2 Vibe Bangkok Sukhumvit, The Beat Hotel, Jasmine Resort Hotel and Hope Land Executive Residence.

highlights

 

Location: 350 metres (less than 3 minutes walk) from Phrakhanong BTS Station in a popular residential area

Price: very competitively priced from THB3,590,000 with mortgage loan facilities available for qualified foreign buyers.

Investment: Higher than average rental yields and occupancy rates in the Phrakhanong area. Extensive residents’ facilities will ensure attractiveness to tenants.

Payment terms: Only 20% down-payment with more than two years construction period for capital growth to kick-in before completion in July 2022. 

The Developer: Stock Exchange listed Ananda is a respected residential developer in Thailand with a strong track record, in joint venture with Mitsui Fudosan from Japan.

For further details including a brochure, floor plans and latest availability at Ideo Sukhumvit Rama 4  please contact us at info@richmonts.com  or call +66 (0)62 496 6454, or complete our enquiry form.

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