Quinn Sukhumvit 101
The tagline of Quinn Sukhumvit 101 is ‘Live Simplicity – City Life Made Simple’. This concept is encapsulated by the convenient location of Quinn Sukhumvit 101 Sukhumvit right ‘On Station’ at Punnawithi BTS Station in one of Bangkok’s fastest-growing residential areas.
Due for completion in September 2020, Quinn Sukhumvit 101 comprises 347 FREEHOLD condominium units and two ground floor shops in a single tower of 31 floors. There are 183 parking spaces making an above average ratio of 53% of parking lots to condominium units. Car parking spaces are not for sale separately and are available to residents on a first-come first-served basis.
Quinn Sukhumvit 101 has already received full planning (EIA) approval and is under construction on a land plot of just over 2.7 Rai, or a little over one acre in size, and is directly overlooking Punnawithi BTS Station to the South when it is completed.
The Thai developer behind Quinn Sukhumvit 101 is MBK, best known as developer of the giant MBK shopping Mall in the Siam district of central Bangkok, and also with a proven track record of delivering high-quality, popular condominium developments in the City.
For further details including a brochure, floor plans and latest availability at Quinn Sukhumvit 101 please contact us at info@richmonts.com or call +66 (0)62 496 6454
Project Specifications
Facilities at Quinn Sukhumvit 101 includes a grand lobby area, a pocket garden and a sky garden with an outdoor recreation area and a BBQ terrace, a swimming pool, a professional gymnasium, a male and female sauna, a business lounge and a sky lounge. There is an EV charging station in the car park.
Also provided for the convenience of residents is WiFi throughout the common areas, a keycard access system, CCTV and a 24-hour security guard service
There are 4 unit-types available at Quinn Sukhumvit 101 with floor areas ranging from 34.71 M2 to 126.60 M2 and configurations as follows:
1-Bedroom, 1-Bathroom
2-Bedroom, 1-Bathroom – 1-Plus Type
2-Bedrooms, 2-Bathrooms – Combined Type
3-Bedrooms, 3-Bathrooms – Duplex Type
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. A full furniture package is available at completion.
Ceiling heights vary from 2.75 metres in living areas to 2.50 metres in bathrooms. Digital door locks are provided to front doors and air-conditioning units are by Daiken.
Prices & Promotions
Prices at Quinn Sukhumvit 101 start at THB7,183,000 (US$218,052 HK$1,707,699, SG$299,631, CNY1,507,726, Euro190,996) for a 35 M2 unit on a mid-floor. This equates to just over THB205,000 per M2.
Special pre-launch promotions available from Landscope Thailand include discounts of up to THB500,000 for a limited period only. Please contact us at info@richmonts.com or call +66 (0)62 496 6454. for details now!
Payment terms for Quinn Sukhumvit 101 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 15% deposit is required to be paid to MBK (The Developer) within 2 weeks after which a Sales & Purchase Agreement (SPA) is prepared. Draft copies of the SPA are available upon request. A further 15% deposit will be due within 45 days of booking. No further payment is required until completion in September 2020 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 UOB, ICBC and BOC.
As MBK has its own mortgage business, special mortgage terms will also be available exclusively for qualified purchasers at Quinn Sukhumvit 101 with loans up to 70% of the purchase price, reduced interest rates, extended loan terms and simplified application procedures.
For further details of mortgages and information on Quinn Sukhumvit 101 including a brochure, floor plans and latest availability please contact us at info@richmonts.com or call +66 (0)62 496 6454
The Common Area Management charge for Quinn Sukhumvit 101 will be THB60/M2/Month and the one-off Sinking Fund payment will be THB600/M2. This means the average monthly management fee for a 1-Bedroom 35 M2 unit-type will be approximately THB2,100 (US$64, HK$500, SG$88, CNY440, Euro56).
Factsheet
Facts
Nov 7, 2018
Information
Project: Quinn Sukhumvit 101
Developer: MBK Real Estate
Plot Size: 2.7 Rai
Address: Sukhumvit 101, Bangkok
Number of Buildings: 1
Number of Floors: 31
Number of Units: 347
Completion Date: September 2020
Unit Type
Number of units: 366
1-Bedroom Plus
35 sq.m.
2-Bedroom
54 sq.m.
Combine
70 sq.m.
Duplex
125 sq.m.
Faciilites
Parking: 53% (183 lots)
Lobby Area
Mail Room
Social Lounge
Commercial Area
Garden
Swimming Pool
Fitness
Sauna
Sky Lounge
Theater Room
Rooftop Garden
EV Charger Station
Price/Payment
Starting Price: 7.20 MB.
First 15%: Within 14 days
Second 15%: Within 45 days from booking date
Final 70%: On transfer date
Location
Without doubt one of Quinn Sukhumvit 101’s strongest selling points is its location right On Station at Punnawithi BTS Station. From here it is only 5 stops to Thonglor and 6 stops to Phrom Phong and The Emporium and EmQuartier shopping malls. In the other direction (East) 2 stops away on the Skytrain is Bangna, home to BITEC (Bangkok International Trade & Exhibition Centre) and the new Bhiraj office tower and St Andrews International School Campus.
Whizdom 101, a large mixed-use project over 43 rai of land by Magnolia Quality Development Corporation (MQDC), is also located at Punnawithi, only 400 metres from Quinn Sukhumvit 101. The project comprises three Whizdom condominiums, an Innovative Lifestyle Complex (retail space) and True Digital Park (office space), South East Asia’s largest innovative hub. The Innovative Lifestyle Complex is planned to be opened by the end of 2018.
Bangkok’s expressway system is easily accessible just 5 minutes drive from Quinn Sukhumvit 101 either at Sukhumvit Soi 62 on the opposite side of the main Sukhumvit Road, or in an easterly direction up Sukhumvit Road and off Bangna Trad Road.
Bangna Trad Road is the gateway to Thailand’s manufacturing centre along the Eastern Economic Corridor and a large number of businesses, foreign and Thai, is therefore easily accessible from Quin Sukhumvit 101 assuring a large tenant pool for investors.
Also in the immediate area or close-by Quinn Sukhumvit 101 are several hospitals including Sukhumvit Hospital, Sikarin Hospital, Manoram Hospital and Thainakarin Hospital. International Schools within easy distance include the Anglo Singapore School, Bangkok Patana School, two St Andrews School campuses and Berkeley International School. Central Bangna and Mega Bangna shopping complexes are both within a 10 minute drive of Quinn Sukhumvit 101.
For further details including a brochure, floor plans and latest availability at Quinn Sukhumvit 101 please contact us at info@richmonts.com or call +66 (0)62 496 6454
Nearby amenities
BTS Punnawithi
Expressway
Anglo Singapore International school
Wells International School
Sukhumvit Hospital
Kluynamthai Hospital
Century Movie Plaza Onnuch
Habito Mall
T77
Central Plaza Bangna
Whizdom 101
Upcoming infrastructure
A major mass transit line, the Yellow Monorail Line, is nearby Quinn Sukhumvit 101 which ensures capital growth of property prices in the area will remain strong.
Just four stations from Punnawithi BTS Station, at Samrong BTS Station is a new intersection station linking the new Yellow Monorail Line running from Ladprao to Samrong Station and the BTS Green Line.
In addition to Whizdom 101, another recently announced mixed-use development only 1 station from Punnawithi BTS Station and linked to it by a new sky walkway is Bangkok Arena scheduled to open in 2022, with a capacity of up to 16,000 people.
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 the entertainment, Mice (meetings, incentives, conferences, exhibitions), music, live performance, sporting and cultural event segments.
Based in Los Angeles, AEG has over 150 arenas, stadiums, theatres, clubs and convention centres on five continents, including The O2 Arena, the Sprint Center and the Mercedes-Benz Arenas, and entertains more than 100 million guests annually.
There are more upcoming large-scale projects in the Bang Na area including The Forestias, another mixed-use project by MQDC; the expansion of BITEC by Bhiraj Buri; Summer Lasalle, a mixed-use project, by Bhiraj Buri; and the expansion of Mega Bangna by SF Development. All these future developments will positively impact properties in the late Sukhumvit area.
highlights
- Location: Just one step from Punnawithi BTS Station in one of Bangkok’s fastest growing areas. The Yellow Monorail Line is due to open nearby within 3 years.
- Price: Competitively priced with exclusive mortgage loan facilities for qualified foreign buyers.
- Investment: Higher than average capital growth expected as new infrastructure opens. Large rental demand from locals and expatriates.
- Payment terms: Only 30% down-payment with two years construction period for capital growth to kick-in before completion in September 2020.
- The Developer: Stock Exchange listed MBK is a respected residential developer in Thailand with a strong track record
For further details including a brochure, floor plans and latest availability at Quinn Sukhumvit 101 please contact us at info@richmonts.com, call +66 (0)62 496 6454, or complete our enquiry form.
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