Noble State 39
Noble State 39 is an exciting new condominium launch on one of Bangkok’s premier residential roads, and ideal either as an end-use or a rental investment. Due to scarcity of development land in the area new project launches in Phrom Phong are rare and Noble State 39 is expected to attract considerable buyer interest.
The concept behind Noble State 39 is “To be modern is not a fashion, it is a state” which reflects the project’s location in a unique part of Bangkok where there is a “well-balanced blend of Thai and foreign cultures.”
Noble State 39 comprises 349 FREEHOLD condominium units in a single high rise building of 38-Floors. There will be 189 car parking spaces (54%) available for residents on a first-come first-served basis. Noble State 39 is to be constructed on a land area of just over 1.3 Rai equivalent to 3,000 square metres, and will be completed in mid-2022.
The Thai developer behind Noble State 39 is Noble Development Public Company Limited. The company’s primary business is the development and management of residential projects, including condominiums, single detached houses and townhouses. The company also operates other related businesses, including residential property rental services, and property management services. Founded in 1991, company shares were first listed on the Stock Exchange of Thailand in June, 1997. The company's first project was Noble Park, unveiled in December 1991, the first “horizontal condominium” in Thailand. Noble House Phayathai, completed in 2009, was its first high-rise condominium development, a 30-storey tower with 300 residential units. As at the beginning of 2018, a total of 44 residential projects had been launched.
For further details including a brochure, floor plans and latest availability at Noble State 39 please contact us atinfo@richmonts.com or call/WhatsApp +66 (0)62 496 6454.
Project Specifications
Noble State 39 is to be constructed just 450 metres from Phrom Phong BTS Station in the heart of Sukhumvit’s lifestyle district.
Noble branded residences have contemporary architectural designs with special attention on unit layout and functionality. Positioned in the mid-Sukhumvit area, Noble State 39 is in Bangkok’s prime residential district, close-by Phrom Phong BTS Station and the EmQuartier shopping area.
Residents at Noble State 39 will enjoy full amenities including a grand lobby, “Creative Forest” gardens on multiple floors, a panoramic indoor swimming pool on 37th floor, a professional gymnasium, a residents’ sky lounge, a “Mellow Space” lounge, a steam room and a library.
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.
Noble State 39 is primarily targeted at wealthy Thai buyers for their own use, with some keeping a pied-a-terre as a second home in the City and some for investment. A large portion of the development is expected to be bought by foreigners as a holiday base in Bangkok or as rental investment to service the large Japanese tenant pool in the Sukhumvit Soi 39 area.
There are 5 unit-types available at Noble State 39 with floor areas and configurations as follows:
- 1-Bedroom (S) : 29.81 M2
- 1-Bedroom (M) : 34.72 M2
- 1-Bedroom (L) : 41.40 -42.50 M2
- 2-Bedrooms : 58.40 – 59.60 M2
- Penthouses : 72.50 – 105.80 M2
All units are delivered fully fitted with kitchens, including a hob and an extractor, fully fitted bathrooms, wardrobes, laminated flooring and air-conditioners.
Prices & Promotions
Prices at Noble State 39 start at THB7,135,000 (US$199,141, HK$1,562,310, SG$276,573, CNY1,364,470, Euro199,099).
Special promotions are available from Richmont’s Thailand only during the launch period for Noble State 39. Please contact us at info@richmonts.com or call/WhatsApp +66 (0)62 496 6454 for details now!
Payment terms for Noble State 39 are simple and straightforward. A booking fee of THB100,000 is required as soon as possible to reserve your unit.
Thereafter a further 15% is required to be paid to Noble Development within 14 days of booking and a further 15% deposit is payable within 45 days of booking, 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-2022 at which time the remaining 70% 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, ICBC, BOC and MBK.
The Common Area Management charge for Noble State 39 will be THB85/M2/Month and the one-off Sinking Fund payment will be THB850/M2. This means the average monthly management fee for a small 1-Bedroom unit-type will be THB2,533 (US$81, HK$630, SG$113, CNY568, Euro75).
Factsheet
Location
Noble State 39 is located in the heart of mid-Sukhumvit, arguably Bangkok’s prime residential district, between Soi’s 21 and 63, and as such is in highly sought-after area by residents and tenants alike. There is a large Japanese expatriate population along Sukhumvit Soi 39 making an ideal tenant pool for investors.
450 metres from Noble State 39, on a road well served by public transportation and taxis, is Phrom Phong BTS and the EM District. ‘Ground Zero’ in Bangkok for many residents and tourists alike. Retail outlets, boutique shops, restaurants, cafés pubs and many other of the best amenities Bangkok has to offer are located here. This also makes Phrom Phong one of the most expensive residential areas in the City with typical prices per square metre exceeding THB350,000. A key selling point of Noble State 39 is its relatively lower selling price of less than THB250,000 per square metre promising a good upside for end-users and investors alike.
In addition to the Em District there are numerous more shopping and dining destinations within easy reach of Noble State 39 including Terminal 21, J Avenue, Villa Market, UFM Fuji Market, Korean Town, K Village and Rainhill community Mall. Also within an easy drive are landmark office buildings including the new Metropolis and Bhiraj towers at Phrom Phong as well as the Interchange and Exchange Square at Asoke. Parks nearby include Benjasiri Park and Benjakitti Park, two of Bangkok’s most popular public parks, both with integrated exercise facilities.
Several international hospitals are within easy distance of Noble State 39 including Bumrungrad Hospital, Samitivej Hospital, Camillian Hospital and Kluaynamthai Hospital. Five-star hotels in the area include Emporium Suites, the Sheraton Sukhumvit, the Pullman Sukhumvit, Sofitel Sukhumvit, Radisson Blue, and the Westin Grande to name just a few.
The mid-Sukhumvit area is well served by international schools as well including NIST, Bangkok Prep, St Andrews and Wells School. Some of Bangkok’s best nursery schools are on the doorstep, and Srinakarinwirot University and Bangkok University are also nearby.
nearby amenities
BTS Phrom Phong
Srinakharinwirot (Prasarnmitr) University
The American School of Bangkok
Australian International School Bangkok
Samitivej Sukhumvit Hospital
Prommitr Hospital
Worldwide Fertility Center
Rainhill Community Mall
The EM District (Emporium, Emquartier)
Terminal 21 Shopping Mall
The 49 Terrace
upcoming infrastructures
Located right in the centre of Bangkok’s mass-transit network on the BTS (Skytrain) Green Line, Noble State 39 is poised to benefit from the huge expansion the city-wide system is currently undergoing.
Just one stop from Phrom Phong on the BTS is Asoke interchange station with the MRT system connecting Noble State 39 with Bangkok’s ‘traditional’ CBD in the Sathorn area as well as the ‘New CBD’ in the Rama 9 area, within minutes. One stop in the other direction is the Thonglor area, Bangkok’s favourite nighttime dining and entertainment destination. The Grey Line running down Thonglor Road and connecting with Thonglor BTS station was confirmed in 2019 adding another interchange station just one stop from Phrom Phong.
Another major mass transit line, the Yellow Monorail Line linking the Bangna area with the Ladprao area, is under construction and will interchange at Samrong Station a few stops from Phrom Phong on the Green Line. The Yellow Line is planned to be operational in 2020.
Also along the Green Line in the Bangna area, about 20 minutes by BTS from Phrom Phong, construction has started at Bangkok Arena. Bangkok Arena will be a large-scale mixed-use project at the Bang Na Junction of Sukhumvit Road and Bang Na Trad Road by The Mall Group and AEG, a sports and live entertainment company from USA, to combine entertainment, Mice (meetings, incentives, conferences, exhibitions), music, live performance, sporting and cultural events.
highlights Of Noble state 39
Location: In the Phrom Phong area of Sukhumvit in Bangkok’s most sought-after residential district. A short distance from Phrom Phong BTS Station and the EM District.
Price: Competitively priced with special promotions available for a limited period at launch.
Investment: Higher than average capital growth expected as new infrastructure opens. Large rental demand from locals and expatriates with yields of 5% expected.
Payment terms: Small down-payment with more than two years for capital growth to kick-in before completion in mid-2022. Mortgages available for qualified foreign borrowers
The Developer: Noble Development is a highly regarded developer with an excellent track record of delivering luxury projects on time and to specification.
For further details including a brochure, floor plans and latest availability at Noble State 39 please contact us at info@richmonts.com, call +66 (0)62 496 6454, or complete our enquiry form.