Skyrise Avenue Sukhumvit 64
Skyrise Avenue Sukhumvit 64 is a landmark new mixed-use development located only 300 metres from Punnawithi BTS Skytrain Station on Sukhumvit Road in one of Bangkok’s fastest-growing residential areas. The concept behind the project is to combine green living with wellness in a self-contained community conveniently located for access to both the City centre and Thailand’s industrial heartland along the Eastern Economic Corridor.
Due for completion in mid-2024, Skyrise Avenue Sukhumvit 64 comprises 1,961 FREEHOLD condominium units in 4 separate towers of between 46 and 49 floors. There will be an above average ratio of 45% of parking lots to condominium units located in a spacious 2-level underground parking area. Car parking spaces are not for sale separately and will be available to residents on a first-come first-served basis.
Skyrise Avenue Sukhumvit 64 has already received full planning (EIA) approval and is currently under construction on a huge land plot of 22 Rai (32,500 M2) making it by far the largest new development in the area.
The developer behind Skyrise Avenue Sukhumvit 64 is Risland, a subsidiary of Country Garden, one of the world's top 500 international developers with an enviable track record as developer and operator of environmentally friendly smart cities in China and abroad. Risland has developed several projects in Thailand notably: Artisan Ratchada, Lake Serene Rama 3, The Livin Phet Kasem and most recently, The Cloud Thonglor-Petchaburi.
For further details including a brochure, floor plans and latest availability at Skyrise Avenue Sukhumvit 64 please contact us at info@richmonts.com or call/WhatsApp +66 (0)62 496 6454.
project Specifications
Skyrise Avenue Sukhumvit 64 was designed by Duangrit Bunnag, one of Thailand’s most renowned architects, and has won 32 international design awards.
Facilities at Skyrise Avenue Sukhumvit 64 will be extensive and include a grand lobby area in each building, a co-working space, a co-kitchen area, a library, podcast stations, a laundry room, a professional gymnasium, a family lounge, male and female sauna rooms, a basketball court and a large 50 M x 10 M swimming pool.
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.
The highlight facility for residents will be a huge green park area of 9,000 M2 which will be the largest atrium garden of any development in Bangkok.
Adjoining the residential component of Skyrise Avenue Sukhumvit 64 will be 600 M2 of retail space and 13,600 M2 of new offices providing a large self-sufficient community within easy reach of central Bangkok city.
There are 4 unit-types available at Skyrise Avenue Sukhumvit 64 with floor areas ranging from 28 M2 to 100 M2 and configurations as follows:
1-Bedroom, 1-Bathroom: 28 - 35 M2
2-Bedrooms, 2-Bathrooms: 45 - 55 M2
3-Bedrooms, 2-Bathrooms: 80 - 100 M2
Duplex Units: 35 - 55 M2
All units are delivered fully fitted with Samsung digital door locks, kitchens by TEKA, including a hob and an extractor, fully fitted bathrooms with accessories from Kohler, Toto and Bravat and with tiled floors and walls, laminated flooring and air-conditioners. A full furniture package will be available on completion.
prices & Promotions
Prices at Skyrise Avenue Sukhumvit 64 start at THB2,790,000 (US$93,370 HK$723,907, SG$122,888, CNY602,586, Euro75,670) for a 28 M2 unit on a lower floor. This equates to under THB100,000 per M2 which is exceptional value in this Bangkok neighbourhood.
Special promotions and discounts of up to 20% are available for a limited period only. Please contact us at info@richmontsthailand.com or call/WhatsApp +66 (0)62 496 6454 for details.
Payment terms for Skyrise Avenue Sukhumvit 64 are simple and straightforward. A booking fee of between THB100,000 and THB150,000 depending on unit size (or the equivalent in foreign currency) is required as soon as possible to reserve your unit.
Thereafter a further 25% deposit is required to be paid to the developer within 4 weeks 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-2024 at which time the remaining 75% 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.
For further details of mortgages and information on Skyrise Avenue Sukhumvit 64 including a brochure, floor plans and latest availability please contact us at info@richmonts.com or call/WhatsApp +66 (0)62 496 6454.
The Common Area Management charge for Skyrise Avenue Sukhumvit 64 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 28 M2 unit-type will be THB1,680 (US$56, HK$435, SG$74, CNY363, Euro45).
Factsheet
Location
Without doubt one of Skyrise Avenue Sukhumvit 64’s strongest selling points is its location just 300 metres from Punnawithi BTS Station. From here it is just 4 BTS Stations from Gateway Shopping Centre at Ekamai, 5 stops from the well-known Thonglor shopping and entertainment area of Bangkok, 6 stops from Phrom Phong, home to EmQuartier and The Emporium shopping malls, and 7 stops from Asoke where there is the interchange with Bangkok’s MRT Subway system. 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.
On the other side of Sukhumvit Road from Skyrise Avenue Sukhumvit 64 is Whizdom 101 and True Digital Park, a large mixed-use project over 43 rai of land by Magnolia Quality Development Corporation (MQDC) only 200 metres from Skyrise Avenue Sukhumvit 64. The project comprises three Whizdom condominiums, 101 The Third Place restaurant and shopping mall and True Digital Park (office space), South East Asia’s largest innovation hub.
Bangkok’s expressway system is easily accessible just 5 minutes’ drive from Skyrise Avenue Sukhumvit 64 either at Sukhumvit Soi 62, 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, will therefore be easily accessible from Skyrise Avenue Sukhumvit 64 assuring a large tenant pool for investors.
Also in the immediate area or close-by Skyrise Avenue Sukhumvit 64 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 within a 10-minute and 15-minute drive respectively from Skyrise Avenue Sukhumvit 64.
nearby amenities
FUTURE infrastructure & Development
A major mass transit line, the Yellow Monorail Line, is under construction nearby Skyrise Avenue Sukhumvit 64 which will ensure capital growth of property prices in the area will remain strong, and rental demand will be high when the development is completed in 2024.
Just four stations from Punnawithi BTS Station, at Samrong BTS Station, and scheduled to start operation in 2021, will be a new intersection station linking the new Yellow Monorail Line running from Ladprao to Samrong Station and the BTS Green Line.
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.
Another upcoming large-scale project in the Bang Na area is The Forestias, a 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 have all recently completed. These developments will positively impact properties like Skyrise Avenue Sukhumvit 64 in the late Sukhumvit area.
highlights OF Skyrise Avenue Sukhumvit 64
Location: Just 300 metres from Punnawithi BTS Station in one of Bangkok’s fastest growing areas. The Yellow Monorail Line is due to open nearby within 1 year.
Price: Competitively priced from THB100,000 per square metre with discounts up to 20% for a limited period only.
Investment: Higher than average capital growth expected as new infrastructure opens. Large rental demand from locals and expatriates.
Payment Terms: Only 25% down-payment with three and a half years construction period for capital growth to kick-in before completion in mid-2024.
The developer: Country Garden subsidiary Risland is a respected residential developer in Thailand with a strong track record.
For further details including a brochure, floor plans and latest availability at Skyrise Avenue Sukhumvit 64 please contact us at info@richmonts.com or call/WhatsApp +66 (0)62 496 6454.
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