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Monterey Place

Thailand / Bangkok1995Condominium

Price from

฿6,500,000

Completion date

1995

Area

58 - 260 m²

Description

Monterey Place stands in Phrom Phong, Bangkok, a neighbourhood also known as Asoke. The building is on Sukhumvit 16, in the central business area, close to a park. Apartments here have views of the park and greenery, and some also look over the river and the city skyline. It is a quiet address in the middle of the city.

Getting around is straightforward. The building is near MRT Queen Sirikit, so the metro is within easy reach for trips across Bangkok. Sukhumvit 16 connects to Sukhumvit Road, one of the main arteries of the city, which helps both those who use public transport and those who drive. For daily errands and work in the centre, the location is practical.

Monterey Place was built by Capital G and completed in 1995. It is a single condominium building with 25 floors, and the project has one building only. It is an established development that has stood for decades, and apartments are now offered on the resale market. The height of the tower gives the upper floors open views of the park, the river and the city.

Several apartments have balconies, including a balcony off the living room and a garden balcony on a duplex. Kitchens are either open-plan or separate, and fully equipped. Some units come with a full set of appliances: flat-screen TV, refrigerator, washing machine and microwave. These layouts suit people who plan to live in the apartment, not only visit it.

Four apartments are for sale now. Prices run from THB 6,500,000 to THB 29,000,000. Sizes range from 58 sq m to 260 sq m. There is one 1-bedroom apartment and three 3-bedroom apartments, located on floors 15 to 25. Three are fully furnished and one is partly furnished. Views include city, panoramic, park, greenery and river.

All four apartments are freehold. For foreign buyers, a foreign freehold quota is available on a number of the units, which matters when planning the purchase. One apartment is sold with a tenant already in place, so buyers should plan the handover timing accordingly. One apartment does not allow pets. Choose the floor, view and furnishing level that match how you intend to use the apartment.

Location

Price from

฿6,500,000

Layouts

Unit typeArea fromPrice fromBedroomsVariants
1 Bedroom58 m²฿6,500,0001
3 Bedrooms130 m²฿17,500,0003

Apartments for sale

  • 1 bedroom

    58 m² · Floor 15 · Freehold · Fully furnished

    ฿6,500,000

  • 3 bedrooms

    130 m² · Floor 20 · Freehold · Partly furnished

    ฿17,500,000

  • 3 bedrooms

    170 m² · Floor 22 · Freehold · Fully furnished

    ฿25,900,000

  • 3 bedrooms

    260 m² · Floor 25 · Freehold · Fully furnished

    ฿29,000,000

ROI Calculator

฿16,000฿159,000

Estimated based on market data

40%100%
0%20%
Monthly income

฿37,000

Annual income

฿446,000

Gross yield

9.3%

Net yield

6.9%

Value in 5 years

฿8,296,000

Total ROI (5 years)

62%

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.