Quintara Arte Sukhumvit 52
Quintara Arte Sukhumvit 52 is a boutique low rise development quietly positioned in one of Bangkok’s most popular residential districts, and located just 390 Metres from On Nut BTS Skytrain Station. Developed by Eastern Star, Quintara Arte Sukhumvit 52 will be ready to move-in to in Mid-2021.
Quintara Arte Sukhumvit 52 comprises 154 FREEHOLD condominium units in a single ‘U’-shaped building around a central swimming pool and residents’ garden area. The building is 8-Floors in height and there are 60 parking lots (39%) available to residents on a first-come-first-served basis.
The developer behind Quintara Arte Sukhumvit 52, Eastern Star, is a publicly-listed developer and has successfully completed numerous condominium and single-house developments in Bangkok and in Rayong on Thailand’s Eastern Seaboard. The company has received several prestigious awards in recent years including ‘Best High Rise Condominium Development’ for Starview Condominium on Bangkok’s Rama 3 Road in 2016.
For further details including special pre-launch prices and floor plans at Quintara Arte Sukhumvit 52, please contact us at info@richmonts.com or call +66 (0)62 496 6454
Project Specifications
Quintara Arte Sukhumvit 52 is located on Sukhumvit Soi 52, a short 5-minute walk from On Nut BTS Skytrain Station. Inspite of its proximity to Sukhumvit Road and numerous amenities in this popular residential area, the development site is tranquil and green with spacious outside areas.
Facilities at Quintara Arte Sukhumvit 52 will include a lobby area, an ‘Arte’ swimming pool 5M x 15M in size and 1.2M in depth on the podium 2nd Floor, an ‘Arte Bar’, a ‘Curva’ Garden, a ‘Coppia’ relaxation space, an ‘Idea’ Space and Recharge Zone, a professional gymnasium, steam rooms, and smart lockers for online deliveries. The car park will include an EV charging area and there will be CCTV and 24/7 security services, keycard entry and a shuttle bus service to the BTS Station nearby.
Unlike many new condominium developments in Bangkok, all units at Quintara Arte Sukhumvit 52 are delivered FULLY FURNISHED with a sofa and living area furniture, a bed, a full dining set, a fully fitted kitchen including a hob and extractor, fully-fitted bathrooms, wardrobes, and laminated flooring and air-conditioners.
There are three 1-Bedroom unit types, two 1-Bedroom Plus unit types and one 2-Bedroom unit type available at Quintara Arte Sukhumvit 52 with sizes as follows:
1-Bedroom: 28 M2 – 36 M2.
1-Bedroom Plus: 43 M2 to 51 M2 (1-Bedroom, 2-Bathrooms)
2-Bedrooms, 2-Bathrooms: 56 M2
Prices & Promotions
Prices at Quintara Arte Sukhumvit 52 start at just THB3,626,000 (US$117,903, HK$921,014, SG$159,903, CNY810,482 EURO104,664) for a small 1-Bedroom 28 M2 type, equivalent to only THB127,228/M2. This compares very favourably with new developments in Ekamai and Thonglor, just 2-3 stops away on the BTS Skytrain, where prices are 2 to 3 times as high.
Payment terms for Quintara Arte Sukhumvit 52 are simple and straightforward. A booking fee of THB100,000 is required to secure your unit. Thereafter 15% deposit is required within 15 days of booking, and a further 15% deposit within 45 days of booking. There are no further payments required until completion in Q2 2021 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 Quintara Arte Sukhumvit 52 will be THB60/M2/Month and the one-off Sinking Fund payment will be THB500/M2. This means the average monthly management fee for a 1-Bedroom 28 M2 unit-type will be THB1,680 (US$55, HK$426, SG$74, CNY375, Euro48).
For further details of mortgages and information on Quintara Arte Sukhumvit 52 including floor plans and latest availability please contact us at info@richmonts.com or call +66 (0)62 496 6454
Factsheet
Location
The most compelling investment benefit of Quintara Arte Sukhumvit 52 is its proximity to On Nut BTS Skytrain Station, in the heart of one of Bangkok’s most popular residential areas.
This will ensure that Quintara Arte Sukhumvit 52 will be attractive to the large tenant pool in the area and achieve a higher-than-average rate of capital growth than for other parts of the City.
Indeed, whereas the average rate of capital growth for Bangkok condominiums as whole has been around 8% per annum in recent years, low rise buildings have achieved a higher capital growth rate of up to 11%. Furthermore, low rise condominiums have also been shown to enjoy higher average gross rental yields of 6% compared to 5-6% for high rise condominiums in this market segment.
The Phrakhanong – On Nut district in Bangkok has also enjoyed the highest rate of land price increase in the whole of Bangkok in recent years. Between 2016 and 2019 newly appraised land prices in the district increased on average by 33.54%. Nevertheless, condominium prices in On Nut remain reasonable and still provide high yields on investment.
In terms of local amenities, Quintara Arte Sukhumvit 52 is very well served indeed. Within 390 metres, at the entrance to the BTS Skytrain Station, is the recently opened Century The Movie Plaza. Within 400 metres is the huge Tesco Lotus On Nut shopping complex, a little further, on Sukhumvit Soi 71 (Soi On Nut) is Big C. The Phyll, a newly opened community shopping mall is an easy 650 metre walk away.
Emquartier and The Emporium are 4 stops away on the BTS Skytrain, Terminal 21 at Asoke 5 stops away and Siam Paragon 8 stops away. Bangkok’s favourite nightlife and entertainment area at Thonglor is 3 stops from Quintara Arte Sukhumvit 52 and Gateway, the Japanese-themed shopping centre at Ekamai BTS Station, is just two stops from On Nut Station.
There are multiple international schools within easy distance including St Andrew’s School’s new campus at T77 on On Nut Road, Wells International School and the Anglo-Singapore International School. The area is also well-served with international hospitals including Sukhumvit and Samitivej Hospitals.
On the same side of Sukhumvit Road to Quintara Arte Sukhumvit 52, Sukhumvit Soi 50 leads to the Bangkok Expressway network and from there easy access to all areas outside the City including Suvarnabhumi International Airport and Thailand’s industrial heart land on the Eastern Seaboard.
UPCOMING infrastructure
Quintara Arte Sukhumvit 52 location on Bangkok’s ‘Green’ BTS Skytrain Line ensures the development will benefit from the rapid and extensive expansion of Bangkok’s Mass Transportation network.
The Green Line is extending further South and has already reached Samut Prakarn. Samrong Station (6 stops away) will be the Southern terminus station for the MRT Yellow Line which will run all the way to Ladprao to the North when it is completed in 2022. The MRT Yellow Line will have 23 stations and construction work started last year.
Three BTS stops from On Nut is Udomsuk BTS Station from where a skywalk is under construction connecting the station to the giant Bangkok Arena on Bangna-Trad Road.
Bangkok Arena is currently under construction and scheduled to open in 2022 and will have a capacity of up to 16,000 people. It 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.
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.
Nearer to On Nut and just two stations away, is the Whizdom 101 mixed-use development with special facilities for IT businesses and including shopping and residential components.
highlights
Location : Just 390 metres from On Nut BTS Skytrain Station in one of Bangkok’s most popular residential areas. Extensive amenities on the doorstep including shopping malls, hospitals and schools.
Price : Competitively priced from under THB130,000 per square metre with full furniture included.
Investment : Higher than average capital growth expected as new infrastructure opens. High rental demand from locals and expatriates.
Payment terms : Small down-payment of 30% required. Mortgages available for qualified foreign borrowers.
The Developer : Stock Exchange listed Eastern Star has a proven track-record of delivering award-winning residential developments.
For further details including floor plans and latest availability at Quintara Arte Sukhumvit 52 please contact us at info@richmonts.com, call +66 (0)62 496 6454, or complete our enquiry form.