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Siamese Gioia Sukhumvit 31

Thailand / Bangkok2010Condominium

Price from

฿4,300,000

Completion date

2010

Area

42 - 49 m²

Description

Siamese Gioia Sukhumvit 31 stands in Bangkok's Phetchaburi district, in the area also known as Asoke. The address sits on Sukhumvit 31, one of the long-established residential parts of the city centre. The street belongs to the Sukhumvit 31 corridor that people call Japanese Town. The building is surrounded by city streets but keeps the quiet, residential feel of a low-rise complex.

Public transport is within reach: the BTS and MRT stations are 1.70 km from the building. That is a practical distance for anyone who plans to travel around Bangkok without a car and wants to use the metro or the elevated train. Sukhumvit, the main road of the area, is close, so everyday routes across the city centre are straightforward to plan and follow.

The complex was built by Siam Sindhorn Co and completed in 2010. The project has two buildings, each with 7 floors. It is a low-rise condominium with a low density of development, and the courtyard and pool add to the sense of privacy. Because the building has been in use for years, a buyer can judge its condition in person before making a decision.

On site there is an infinity swimming pool and a fitness centre, and 24-hour security protects residents. The pool can be seen from the windows of some apartments, which is one of the notable features of the complex. Everyday needs are covered: you can exercise without leaving the building and relax by the water whenever you like.

Two one-bedroom apartments are for sale now. They measure from 42 sq m to 49 sq m and are on floors 4 and 5. The windows face park greenery and the pool. Both apartments are sold fully furnished. Prices range from THB 4,300,000 to THB 5,000,000. A one-bedroom layout suits one or two people living in the apartment.

Both apartments are freehold, so ownership has no time limit. The building has a foreign quota for freehold ownership, which matters for overseas buyers. Because the furnishing is complete, you can move in without spending time on setting up the home. A buyer should also keep in mind the 1.70 km distance to the stations and decide in advance how to cover it.

Location

Price from

฿4,300,000

Layouts

Unit typeArea fromPrice fromBedroomsVariants
1 Bedroom42 m²฿4,300,0001

Apartments for sale

  • 1 bedroom

    42 m² · Floor 5 · Freehold · Fully furnished

    ฿4,300,000

  • 1 bedroom

    49 m² · Floor 4 · Freehold · Fully furnished

    ฿5,000,000

ROI Calculator

฿16,000฿159,000

Estimated based on market data

40%100%
0%20%
Monthly income

฿38,000

Annual income

฿458,000

Gross yield

14.1%

Net yield

10.6%

Value in 5 years

฿5,488,000

Total ROI (5 years)

81%

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.