Whizdom 101
Whizdom 101 by Magnolias Quality Development Corporation (MQDC) is a rare mixed-use residential development in a fast-growing district along Sukhumvit Road, and includes many design innovations promising a good long-term investment for buyers.
There are three core values behind the design of Whizdom 101; to be environmentally sustainable, to benefit the community, and to make use of alternative energy sources. To this end the development includes extensive green areas, eco-friendly construction materials and renewable energy and water conservation technologies to a far higher extent than in most other residential developments in Thailand at present.
Located 300 metres from Punnawithi BTS Station on one side, and 800 metres from Udomsuk BTS Station on the other side, transportation either into the centre of Bangkok or out towards Suvanabhumi International Airport and beyond is convenient and easy. Multiple shopping, entertainment and restaurant destinations are also in the neighbourhood.
Due for entire completion in 2019, the residential component of Whizdom 101 has been constructed in three phases with the first building, Whizdom Connect, ready for occupation now and the second building, Whizdom Essence ready in early 2019.
Whizdom Connect comprises 673 FREEHOLD condominium units in a single 41-storey tower. There will be 299 car parking spaces available for residents and visitors. Car parking spaces are not for sale separately and will be available to residents on a first-come first-served basis.
Whizdom Essence comprises 664 FREEHOLD condominium units in a single 50-storey tower, also with 410 car parking spaces available for residents and visitors and usable on a first-come-first-served basis.
The residential component of Whizdom 101 is constructed on a land plot of just over 6 Rai, or 10,364 M2. Units facing in all directions will enjoy unrestricted views. To the North is Bangkok’s CBD, to the West is the green area Bang Krachao and the Chaopraya River, to the East, a 15 minute drive from Whizdom 101, is Suvanabhumi International Airport, and South is the Bangna district and the new Bangkok Arena.
The developer behind Whizdom 101 is Magnolias Quality Development Corporation (MQDC). Founded in 1994 by Dhanin Chearavanont, whose family owns Charon Pokphand (CP) Group, MQDC is part of one of Thailand’s biggest business conglomerates. Company brands are Magnolias and Whizdom condominium and mixed projects. Joint ventures include The Residences at Mandarin Oriental condominium, and ICONSIAM.
In 2018 Whizdom 101 Connect won the Agency for Real Estate Affairs Award for Outstanding High Rise Property in Thailand.
For further details including a brochure, floor plans and latest availability at Whizdom 101 please contact us at info@richmonts.com or call +66 (0)62 496 6454
Project Specifications
Facilities at Whizdom 101 are exceptionally extensive with far more amenities on the doorstep than available in most recent Bangkok residential developments.
All residential buildings benefit from grand lobbies and separate outdoor swimming pools and professional gymnasiums as well as male and female sauna rooms. In addition, there are extensive social areas including a residents’ library, a co-working area, a rejuvenation area, an elevated 1.3 KM bicycle and jogging track and free WiFi in public areas.
Unique community benefits at Whizdom 101 are a large park area extending for more than 2 Rai (3,200 M2 or just under 1 acre), and a community mall. The mall will include multiple shops and restaurants including a Tops Supermarket, A Virgin Active gym, Starbucks, an S&P restaurant, Boots chemist, a 7/11 convenience store and a bank branch.
The commercial area in Whizdom 101 will also include a digital public library and innovation laboratory. This facility will cover approximately 1,000 M2 and will include 3D printing equipment, a workshop and social enterprises with an integrated learning centre.
The entire complex will be monitored by a smart security system to ensure the comfort and safety of all residents and visitors to Whizdom 101. A smart app for mobile phones will also be available for all residents for easy access to home services, home automation, smart parking, social activities, emergency assistance and other community services.
There are 5 unit-types available at Whizdom 101 Connect with floor areas ranging from 26.90 M2 to 81.60 M2 and configurations as follows:
1-Bedroom, 1-Bathroom, 26.90 – 29.80 M2 (454 units)
Flexi Room, 38.30 – 56.90 M2 (202 units)
2-Bedrooms, 2-Bathrooms, 64.60 M2 (4 units)
2-Bedrooms, 2-Bathrooms, 62.80 – 69.70 M2 (9 units)
2-Bedrooms, 2-Bathrooms, 81.60 M2 (4 units)
All units at Whizdom 101 Connect are delivered FULLY FURNISHED, including a 43” TV and a refrigerator, all units are also fitted with kitchens, including a hob and an extractor, fully fitted bathrooms with tiled floors and walls, laminated flooring and air-conditioners.
There are 4 unit-types available at Whizdom 101 Essence with floor areas ranging from 33.10 M2 to 195.60 M2 and configurations as follows:
1-Bedroom, 1-Bathroom, 33.10 – 44.90 M2 (375 units)
2-Bedrooms, 2-Bathrooms, 51.90 – 83.80 M2 (269 units)
3-Bedrooms, 2-Bathrooms, 100.20 – 101.80 M2 (18 units)
Penthouse, 195.60 M2 (2 units)
All units at Whizdom 101 Essence are delivered FULLY FITTED, including fitted kitchens, with a hob and an extractor, fully fitted bathrooms with tiled floors and walls, laminated flooring and air-conditioners.
Residents at Whizdom 101 will also be provided with a smart phone application allowing easy digital door lock access, an SOS button for emergency help, repair services, bill payments and other services besides.
Prices & Promotions
Prices at Whizdom 101 start at just THB4,261,346 (US$129,997 HK$1,015,562, SG$177,942, CNY893,687, Euro114,306) for a 28 M2 unit on a mid-floor. This equates to only just over THB150,000 per M2, INCLUDING all furniture and some appliances.
For a limited period only all Landscope Thailand buyers will also receive additional discounts of up to THB300,000 per unit.
Please contact us at info@richmonts.com or call +66 (0)62 496 6454. for details now!
Payment terms for Whizdom 101 are simple and straightforward. A booking fee of THB50,000 (or the equivalent in foreign currency) is required for a 1-Bedroom unit and THB100,000 for a 2-Bedroom unit as soon as possible to reserve your unit.
Thereafter a further 10% deposit is required to be paid to Magnolias Quality Development Corporation within 7 days of booking and 20% within 30 days of booking during which time a Sales & Purchase Agreement (SPA) is prepared. Draft copies of the SPA are available upon request. No further payment is required until transfer 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.
For further details of mortgages and information on Whizdom 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 Whizdom 101 is THB50/M2/Month and the one-off Sinking Fund payment is THB500/M2. This means the average monthly management fee for a 1-Bedroom 28 M2 unit-type will be approximately THB1,400 (US$42.7, HK$333.6, SG$58.4, CNY293.5, Euro37.5).
Factsheet
Facts
December 7, 2018
Information
Project: Whizdom 101
Developer: Magnolias Quality Development Corporation (MQDC)
Plot Size: 6 Rai
Address: Sukhumvit 101, Bangkok
Number of Buildings: 2
Number of Floors: Whizdom Connect; 41
Whizdom Essence; 50
Number of Units: Whizdom Connect; 673
Whizdom Essence; 664
Completion Date: 2019
Unit Type
Whizdom 101 Connect
Number of units: 673
1-Bedroom, 1-Bathroom
26.90 - 29.80 sq.m. (454 units)
2-Bedroom, 2-Bathroom
64.60 sq.m. (4 units)
2-Bedroom, 2-Bathroom
62.80 - 69.70 sq.m. (9 units)
2-Bedroom, 2-Bathroom
81.60 sq.m. (4 units)
Whizdom 101 Essence
Number of units: 664
1-Bedroom, 1-Bathroom
33.10 - 44.90 sq.m. (375 units)
2-Bedroom, 2-Bathroom
51.90 - 83.80 sq.m. (269 units)
3-Bedroom, 2-Bathroom
100.20 - 101.80 sq.m. (18 units)
Penthouse
195.60 sq.m. (2 units)
Faciilites
Parking:
Whizdom 101 Connect: 44% (299 Lots)
Whizdom 101 Essence: 61% (410 Lots)
24-hours security
CCTV
Swimming Pool
Sauna
Gym
Garden / BBQ
Playground /Kid's Area
Retail Spaces
Wi-fi
Price/Payment
Starting Price: 4.20 MB.
First 10%: Within 7 days
Second 20%: Within 30 days from Sales & Purchase Agreement (SPA)
Final 70%: On transfer date
Location
Whizdom 101 is located on a long road frontage of Sukhumvit Road to the East of Bangkok city centre. The entrance to the site is only 300 metres from Punnawithi BTS Station and a special skywalk has been constructed for the convenience and safety of residents. There is also a skywalk to Udomsuk BTS Station located 800 metres from Whizdom 101.
Whizdom 101 is located 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.
Within easy distance of Whizdom 101 are several of Bangkok’s best-known international schools including Berkely International School, Bangkok Patana International School, St Andrews International School and the Anglo-Singapore International School.
The area is also well-served by hospitals including Thai Nakarin Hospital, Kluaynamthai Hospital, Theptarin Hospital and ID Life Skin Clinic. BITEC (Bangkok International Trade & Exhbition Centre) is located 1 stop from Udomsuk BTS Station at Bangna Station and both Central Bangna and Mega Bangna shopping malls are a short drive away.
Bangkok’s expressway system is easily accessible from Whizdom 101 with routes to Bangna, Chonburi and Pattaya to the East, and routes to Bangkok city and beyond to the West and North.
For further details including a brochure, floor plans and latest availability at Whizdom 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 under construction nearby Whizdom 101 which will ensure capital growth of property prices will remain strong, and rental demand will be high in the late Sukhumvit area.
Just four stations from Punnawithi BTS Station and three stations from Udomsuk BTS Station, at Samrong BTS Station, and scheduled to start operation in 2020, will be 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 nearby Udomsuk 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 such as Whizdom 101 in the late Sukhumvit area.
highlights
- Location: A fast-growing area of Bangkok, and strategically positioned with easy access to Bangkok city and to the new Eastern Economic Area. The Yellow Monorail Line is due to open nearby by 2020.
- Price: very competitively priced with mortgage loan facilities for qualified foreign buyers.
- Promotions: Prices from just THB4,261,346 include full furniture packages and some electrical appliances. Discounts of up to THB300,000 available from Landscope Thailand for a limited period only.
- Investment: Higher than average capital growth expected as new infrastructure opens.
- Payment terms: Only 30% down-payment with the option to move-in to Whizdom Connect now or wait for the completion of Whizdom Essence in 2019.
- The Developer: Magnolias Quality Development Corporation is part of one of Thailand’s biggest business conglomerations with a strong track record of completing luxury residential developments.
For further details including a brochure, floor plans and latest availability at Whizdom 101 please contact us at info@richmonts.com, call +66 (0)62 496 6454, or complete our enquiry form.