The Base Sukhumvit 50

The Base Sukhumvit 50 is a new ready to move-in low rise development in one of Bangkok’s most popular residential districts, located 850 metres from On Nut BTS Skytrain Station. Developed by Sansiri, arguably Thailand’s most popular residential developer, The Base Sukhumvit 50 was completed at the end of last year and a few units remain available at special clearance prices making now an ideal time to buy.

The Base Sukhumvit 50 comprises 415 FREEHOLD condominium units spread among 2 low rise buildings. Each building is 8 Floors in height and there are 151 parking lots (36%) in the grounds of the development.

The developer behind The Base Sukhumvit 50, Sansiri Public Company Ltd., is a leading Thailand residential property developer, with over 300 completed projects. Other business activities include real estate brokerage, property and hotel management, and the Habito lifestyle mall. Its brands include The Line, The Base, HAUS, XT, Baan Siri and D Condo condominiums, Siri Place, Town Avenue, Mettown and Garden Square townhouses, and Narasiri, Burasiri, Kanasiri, Setthasiri and Saransiri detached homes.

For further details including a brochure, floor plans and latest availability at The Base Sukhumvit 50 please contact us at info@richmonts.com or call/WhatsApp +66 (0)62 496 6454.

project Specifications

The Base Sukhumvit 50 is located on Sukhumvit Soi 50, a short 10-minute walk from On Nut BTS Skytrain Station. In spite of its close proximity to Sukhumvit Road and numerous amenities in this popular residential area, the development site is tranquil and green with spacious outside areas between the two low rise buildings.

Facilities at The Base Sukhumvit 50 include a lobby area, co-working space, an entertainment room, a meeting room, laundry facilities, a professional gymnasium, a swimming pool with jacuzzi, a garden with a recreation area and a residents’ clubhouse, EV chargers and smart lockers for deliveries.

In line with modern day home technology, all units at The Base Sukhumvit 50 come equipped with home automation to control lighting. 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.

Unlike many new condominium developments in Bangkok, all units at The Base Sukhumvit 50 are delivered FULLY FURNISHED with a sofa and living area furniture, a bed, a fully fitted kitchen including a hob and extractor, fully-fitted bathrooms, wardrobes, and laminated flooring and air-conditioners. Electrical appliances including TVs, a refrigerator, a water heater and a microwave are also provided.

An additional benefit for buyers is a free Property Care Service package for one year which includes cleaning services.

There are three 1-bedroom unit types and a 2-Bedroom unit type available at The Base Sukhumvit 50:

1-Bedroom: 25 -26.50 M2
1-Bedroom: 30.75 – 32 M2
1-Bedroom: 34.25 – 42 M2
2-Bedrooms: 45.50 – 56.75 M2

Ceiling heights throughout all units at The Base Sukhumvit 50 are 2.5 metres.

prices & Promotions

Prices at The Base Sukhumvit 50 start at just THB2,542,000 (US$77,624, HK$601,655, SG$110,000, CNY548,100, Euro70,941) for a small 1-Bedroom 26.61 M2 type, equivalent to only THB95,528/M2.

At under THB100,000/M2 The Base Sukhumvit 50 is exceptional value and one of the most affordable new condominiums in the Sukhumvit area.

Payment terms for The Base Sukhumvit 50 are simple and straightforward. A booking fee of THB100,000 for 1-Bedroom unit types and THB200,000 for 2-Bedroom unit types is required to secure your unit. Thereafter 25% deposit is required within 14 days of booking, at which time a Sales and Purchase Agreement is prepared. The final 75% is due within 30 days of booking.

Mortgages are available for qualified foreign buyers from Kasikorn Bank (Hong Kong residents), UOB, ICBC, BOC and MBK.

The Common Area Management charge for The Base Sukhumvit 50 is THB68/M2/Month and the one-off Sinking Fund payment is THB500/M2. This means the average monthly management fee for a 1-Bedroom 25 M2 unit-type is THB1,700 (US$52, HK$403, SG$73, CNY365, Euro48).

For a limited offer period all Richmont’s buyers will receive FREE transfer fee (1% of the condominium value) free Sinking Fund and free Common Area Management fee for 1-year.

Factsheet

Location

The Base Sukhumvit 50’s close proximity to On Nut BTS Skytrain Station, in the heart of one of Bangkok’s most popular residential areas ensures that The Base Sukhumvit 50 will be attractive to the large tenant pool in the area, and also 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.

In terms of local amenities, The Base Sukhumvit 50 is very well served indeed. At the entrance to On Nut BTS Skytrain Station is the recently opened Century The Movie Plaza. Within 700 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 10 walk and a Max Valu convenience store and supermarket is also within easy reach of The Base Sukhumvit 50.

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, 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.

Just outside The Base Sukhumvit 50, 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.

nearby amenities

ONNUT BTS

Century The Movie Plaza

The Phyll

Emquartier

Emporium

Wells International School

Anglo-Singapore International School

Samitivej Hospitals

FUTURE infrastructure & Development

Located on Bangkok ‘Green’ BTS Skytrain Line ensures The Base Sukhumvit 50 will benefit from the rapid and extensive expansion of Bangkok’s Mass Transportation network.

The Green Line is extending further South towards Samut Prakarn. At 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 Mall on Bangna-Trad Road, slated to be the biggest shopping Mall in Asia complete with a new Bus Terminal as well as hotels, shops and offices.

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 OF The Base Sukhumvit 50

Location: Just 10 minutes walk or 3 minutes by car or motorbike taxi 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 THB100,000 per square metre with full furniture and electrical appliances included. FREE transfer fee, Common Area Management Fee and Sinking Fund for a limited period only

Investment: Higher than average capital growth expected as new infrastructure opens. High rental demand from locals and expatriates

The developer: Stock Exchange listed Sansiri is one of Thailand’s largest and most respected developers

For further details including a brochure, floor plans and latest availability at The Base Sukhumvit 50 please contact us at info@richmonts.com or call/WhatsApp +66 (0)62 496 6454.