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Ploenchit Terrace

Thailand / Bangkok1993Condominium

Price from

฿70,000,000

Completion date

1993

Area

374 m²

Description

Ploenchit Terrace stands in the Ploenchit-Chidlom district of Bangkok, also known as Ploenchit - Chit Lom. This is one of the most central business areas of the city. The building suits buyers who want to live in the middle of Bangkok, close to the business district, without long daily commutes to work or meetings.

The apartment for sale is about a 3-minute walk from BTS Phloen Chit station. That makes it practical for anyone who prefers the elevated train to sitting in traffic. A short walk to the station keeps trips to work, to visit friends or to run errands predictable in time, which matters a lot in the dense rhythm of central Bangkok.

Ploenchit Terrace is a condominium building completed in 1993. It has 9 floors, and the project consists of one building. The low height and single building give a calmer, more compact setting than a multi-tower complex. The building has been in use for more than thirty years, and individual apartments inside it are being renovated, as the unit described below shows.

There is one apartment for sale at the moment, and it is quite different from a standard city layout. It is a two-level duplex that feels close to a house. It has a separate fitted kitchen, a maid's room, two storerooms and three good-sized balconies. Two fixed parking spaces come with it. This set of features suits a family that needs a lot of space and separate areas for daily life and household work.

The apartment measures 374 sq m, with 4 bedrooms and 4 bathrooms, on the 7th floor. The view is of the city, partly blocked. It is partly furnished and was recently renovated. The price is THB 70,000,000, roughly THB 187,000 per sq m. The price was reduced from THB 79,000,000, and this is currently the only apartment for sale in the building.

Ownership is freehold. A foreign freehold quota is available for the apartment, so a buyer from abroad can hold title in their own name. Practical points: the apartment is large and on two levels, with a layout that works for a family or an executive who wants a spacious home in the centre. The renovation is recent, so the apartment is ready to move into, and the partial furnishing lets you set up the rest to your own taste.

Location

Price from

฿70,000,000

Layouts

Unit typeArea fromPrice fromBedroomsVariants
4 Bedrooms374 m²฿70,000,0004

Apartments for sale

  • 4 bedrooms

    374 m² · Floor 7 · Freehold · Partly furnished

    ฿70,000,000

ROI Calculator

฿95,000฿945,000

Estimated based on market data

40%100%
0%20%
Monthly income

฿219,000

Annual income

฿2,630,000

Gross yield

5.1%

Net yield

3.8%

Value in 5 years

฿89,340,000

Total ROI (5 years)

46%

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.