Special advance sale information
A dealer meeting was held at the North Pattaya Hotel on November 6th, where an overview of the project was announced and it was announced that sales events with an additional 5% discount off from the pre-sale price would be held on the following dates.
【Dates】Nov.23(sat）-24（sun）
【Place】 The Siamese Hotel Pattaya
【Map】
Note :
Prior to coming to the event, you will need to pre-register via a designated agent. If you would like to attend, please contact us, we will be able to register.
・Line ID : 0832657889
・WhatsApp : (+66) 0832657889
・Email : bkkcondo55@gmail.com
Project Overview
・Location :
This area has the potential to become the heart of Pattaya for families, with a different atmosphere from the bustling Central Pattaya.
・Next to Akara Hotel, a high-grade hotel that just opened. Grand Centre Point Space Pattaya is in front.
・Buildings 2 and 3 are under construction at a rapid pace behind Grand Centre Point Space Pattaya. (Expansion due to high popularity with families)
・Construction of Again Pattaya, a shopping mall in front of the large shopping mall Terminal 21.
About 200m from Dolphin Circle in front of the Terminal 21.
Again Pattaya image 1 (Mainly food and beverage shops)
Again Pattaya image 2
・Condo Overview
All of followings are from Honour group
West(Ocean)is the way to Naklua street。This side view is the best.
The maintenance fee B80/m2/month is a bit expensive but they said that is for the abundant common facilities.
・Floor Plan
Image for above 34.3㎡ 1bedroom.
Image for above 53.87㎡ 1bedroom.
・Common Facilities：
Located on 36F,37F,50F,51F and roof top.
・Developer Honour Group Website:
https://www.honourthailand.com/
What about the sales price?
The parking lot is located from the basement to the 7th floor, and currently, only following unit price was announced.
・8F 1bedroom (34.3sqm, Thai name) THB5.99mil (=THB170,000/sqm)
Other units price will be annouce at the Special advance sale on Nov 23/24.
Other points
In addition to the above, the following points were mentioned at the meeting.
– Expected completion date: 3.5 years from now.
– EIA application : Pending.
– Unlike Once Pattaya, there are no plans to build a hotel on the site.
– As with Once Pattaya, there are plans to offer a discount on Thailand Elite Visas.
Conclusion
Many new large condo projects are under construction in Pattaya, to be frank, I think there is an oversupply these days.
While there are many projects that make me question whether I would buy them personally.
Meanwhile the location of this project is irreplaceable, and depending on the price to be announced, I have the impression that this project is worth considering not only for your own residential use, but also as an asset management destination, just like The Base/The Edge in Central Pattaya.
The reason for this is that due to its great location, the second-hand sales price of The Base Central Pattaya, an 8-year-old building that is showing some signs of wear and tear, has not fallen and is still a seller’s market. I think this project will become similar one.
If you were to buy the lowest priced one-bedroom apartment and rent it out for a year, the going rate would be around B25,000/month. With common area fees of B2,800/month (B80 x 35m2), you would get roughly a 4.4% return.
The location is also suitable for short-term rentals, so you can expect a decent return in that case, and there may be quite a more buyers aiming to purchace for that.
I don’t think there will be a scramble like when The Edge Central Pattaya went on sale, but if you’re interested, I recommend you visit the pre-sales event.
・Tel : 0832657889
・Line ID : 0832657889
・WhatsApp : (+66) 0832657889
・Email : bkkcondo55@gmail.com
・http://bkk-condo.com/category/english/
・http://bkk-condo.com/category/whats-new-room-for-sale/
