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The Address Asoke

Thailand / Bangkok2012Condominium

Price from

฿6,000,000

Completion

2012

Area

36 - 65 m²

Description

The Address Asoke stands in Phetchaburi district in central Bangkok, in the area also known as Asoke. The building sits between two business districts of the city, Asoke and Rama 9. That position keeps offices and commercial areas within easy reach. The surroundings are dense and urban, and the transport network around the building connects the neighbourhood with all four directions of the city.

Transport is the main practical advantage here. The MRT Phetchaburi station and the Airport Rail Link Makkasan station are both about 100 metres from the building. That puts the metro and the express link to the airport within a short walk. Several kinds of mass transit run around the property, so residents can move across Bangkok without relying on a car, and travelling to the airport is straightforward.

The Address Asoke was developed by AP Thai and completed in 2012. The project is a single building with 44 floors and 574 apartments. It belongs to the developer's The Address brand, which focuses on central locations and sells apartments fully furnished and equipped. Other projects under the same brand include Rhythm Ekkamai and Life Asoke. A single tower keeps the complex compact and easy to understand.

The facilities cover everyday needs. The building has 7 elevators, parking, 24-hour security with a reception desk, CCTV, and key card access limited to specific floors. For leisure there are 2 swimming pools, 2 saunas, 2 steam rooms, 2 gyms, 2 gardens with BBQ areas, a playground, a library and a cinema room. Wi-Fi works in the public areas. The common fee is THB 45 per sq m per month.

Seven apartments are for sale now. Six have 1 bedroom and one has 2 bedrooms. Sizes range from 36 sq m to 65 sq m, and the units are on floors 17 to 39 with city views. All seven are fully furnished. Prices run from THB 6,000,000 to THB 10,700,000. The 1-bedroom layouts include a balcony, a bathroom with a bathtub or jacuzzi, a built-in wardrobe, and a separate equipped kitchen with a full set of appliances.

On ownership, six of the seven apartments are freehold and one is leasehold. The building has a foreign freehold quota, which matters for overseas buyers. Because the apartments are sold furnished, they are ready to move into after purchase. When planning a budget, include the monthly common fee and the ownership type of the specific unit. Floor, size and tenure are the three points that separate one apartment from another here.

Location

Price from

฿6,000,000

Floor plans

Unit typeArea fromPrice fromBedroomsVariants
1 Bedroom36 m²฿6,000,0001
2 Bedrooms65 m²฿10,700,0002

Apartments for sale

  • 1 bedroom

    36 m² · Floor 26 · Freehold · Fully furnished

    ฿6,000,000

  • 1 bedroom

    46 m² · Floor 28 · Freehold · Fully furnished

    ฿6,900,000

  • 1 bedroom

    47 m² · Floor 29 · Freehold · Fully furnished

    ฿7,200,000

  • 1 bedroom

    45 m² · Floor 17 · Freehold · Fully furnished

    ฿7,300,000

  • 1 bedroom

    45 m² · Floor 23 · Freehold · Fully furnished

    ฿7,300,000

  • 1 bedroom

    47 m² · Floor 39 · Leasehold · Fully furnished

    ฿7,990,000

ROI Calculator

฿16,000฿159,000

Estimated rate based on regional market averages. Actual rental rates for this project may differ - check with your broker for precise figures.

Ask broker about rental rates
40%100%
0%20%
Monthly income

฿38,000

Annual income

฿462,000

Gross yield

10.1%

Net yield

7.7%

Value in 5 years

฿7,658,000

5-year ROI

66%

Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

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This material was prepared with the help of artificial intelligence. Please check key figures and terms with our adviser.