NUE Noble Ratchada-Lat Phrao
NUE Noble Ratchada-Lat Phrao is a brand-new condominium launch, and one of the few new launches in Bangkok so far in 2020. Noble is one of Thailand’s biggest and most popular developers, and for their latest project they have joined in joint venture with U City to construct NUE Noble Ratchada-Lat Phrao. Both U City Public Company Limited and Noble Development Public Company Limited are listed on the Stock Exchange of Thailand.
One of the most compelling attractions of investing in NUE Noble Ratchada-Lat Phrao is its close proximity to MRT interchange stations for the Blue and new Yellow Line mass transit routes in one of Bangkok’s most popular residential areas.
NUE Noble Ratchada-Lat Phrao comprises 565 FREEHOLD condominium units and 210 car parking spaces (40%) on 34 floors and is due for completion in August 2023. The total project covers an area of 2-0-96.5 Rai (approximately 1 Acre) in size and is bound by a vacant land plot to the North, an MRT Yellow Line Station to the South, a 10 floor office building to the East and 3 floor townhouses to the West, promising unobstructed and far-reaching views from most units.
For further information including a brochure, floor plans and latest prices, promotions & availability at NUE Noble Ratchada-Lat Phrao please contact us at info@richmonts.com or call/WhatsApp +66 (0)62 496 6454
Project Specifications
Building facilities at NUE Noble Ratchada-Lat Phrao include a hang-out garden, a patio and EV car charging stations on the ground floor.
On the 6th floor is to be found a 7 x 25 metre swimming pool, a professional gymnasium, a library, a co-working space, a co-kitchen, a bar/bistro and a laundry facility, a garden a co-salon, a steam room and an entertainment room.
On the upper floors will be a BBQ corner, sunset daybeds, rooftop stairs and a roof top garden.
There will be 24-hour security, CCTV and an access control system in place when the development is completed.
All condominiums at NUE Noble Ratchada-Lat Phrao are Freehold and there are several unit types to choose from:
1 BEDROOM TYPE S (22.50 Sqm.) 58 UNITS
1 BEDROOM TYPE M (26.00 Sqm.) 254 UNITS
1 BEDROOM TYPE L (30.50 Sqm.) 168 UNITS
1 BEDROOM PLUS (34.80 Sqm.) 57 UNITS
2 BED/2 BATHROOMS (42.60 Sqm.) 28 UNITS
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 will also available when the development is completed.
1 BEDROOM TYPE L (30.50 Sqm.)
Prices & Promotions
Prices at NUE Noble Ratchada-Lat Phrao start at THB 2,784,000 (US$ 89,300, HK$ 692,000, SG$ 121,400, CNY 605,000, EURO 75,000). This is equivalent to THB 123,800/M2 after discount.
Investors can expect a 5-6% rental yield and higher than average capital growth prospects due to the extensive infrastructure developments in the Lat Phrao area.
A reservation fee of THB100,000 is required upon confirmation of purchase. Thereafter a first deposit of 15% less the reservation fee is required by the developer within 14 days of reservation. The Sales & Purchase Agreement is also prepared for signature at this time. A further 15% deposit is required by the developer within 60 days of reservation. There are no further payments required until 70% due upon completion in 2023.
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.
2 BED/2 BATHROOMS (42.60 Sqm.)
Factsheet
Location
Shopping and entertainment amenities on the doorstep of NUE Noble Ratchada-Lat Phrao include Tesco Lotus, Union Mall and Central Plaza Lat Phrao, the Central Group’s busiest shopping mall in Thailand. Also nearby is the world famous Chatujak Market and Suan Lum Night Bazaar.
For rental investor landlords there is a large tenant catchment area around Lat Phrao due to the a number of company headquarters located here including Bangkok Airways, Thai Airways, PTT (Thailand’s national petroleum company), TMB Bank headquarters and SCB Plaza, home to numerous Thai and foreign enterprises.
Nearby educational institutions include one of Bangkok’s most famous schools, Horwang School, as well as St John’s University. The Civil Aviation Training School is also within easy reach.
Nearby amenities
Local Infrastructure Development
NUE Noble Ratchada-Lat Phrao is located only 50 metres from the new MRT Yellow Line Ratchada-Lat Phrao Station Exit 5 scheduled to open in June 2021. The MRT Yellow Line is an elevated mass rapid transit monorail line currently under construction and the 30.4-kilometre-long (18.9 mi) line will have 23 stations running from Lat Phrao to Samrong in Samut Prakarn.
150 metres indoor walk from NUE Noble Ratchada Lat Phrao is Lat Phrao Station Exit 4 on the existing MRT Blue Line. The Blue Line runs in a circle around Bangkok from Tha Phra to Lak Song via Bang Sue, Phra Ram 9 and Hua Lamphong serving 38 stations.
NUE Noble Ratchada-Lat Phrao is also nearby Grand Bang Sue Central Station, due to be completed this year and which will be the largest train station in South East Asia to serve the planned high-speed rail network linking Southern China with Singapore.
highlights of NUE Noble Ratchada-Lat PhraO
Location: Only 50 metres from the new Yellow Monorail Line and 150 metres from the MRT Blue Line.
Investment: Attractively priced below current new development prices in the area allowing time for further capital growth during the construction period.
Luxurious Facilities: High quality construction, fixtures and fittings, with extensive residents’ amenities including green areas and co-working facilities.
Payment Terms: 30% deposit required with nothing further to pay until completion in 2023. Mortgages available for foreign buyers.
Developer: Noble and U City are both listed on the SET with a strong track record of completing popular residential developments in Bangkok.
For further information on NUE Noble Ratchada-Lat Phrao including a brochure, floor plans and latest availability please contact us at info@richmonts.com or call/WhatsApp +66 (0)62 496 6454.
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