Investment Opportunity: New Phrom Phong Condominium Project Coming Soon!
Circle 31 (Phrom Phong, Sukhumvit Soi 31)
- 1 bedroom (46sqm) starting from approx. 7,000,000 THB (152,173 THB/sqm)
- 2 bedroom (70sqm) starting from approx. 10,000,000 THB (142,857 THB/sqm)
This is the payment structure based on a 1 bedroom unit;
- Booking Fee 50,000 THB
- 20,000 THB for VIP Event Invitation (refundable if no purchase made at the VIP Event)
- 30,000 THB to confirm unit booking at VIP Event
- Initial Down payment of 20% of sales price (1,400,000 THB)
- 24 monthly instalments ultimately totalling 15% of sales price (1,050,000 THB)
- Final payment on Transfer date of 65% of sales price (4,550,000 THB)
Expected price adjustment plan, based on previous completed Fragrant Group project: Prime 11
- 5% after Launch
- 5% after Ground breaking / EIA Approved
- 5% after 70% completion
- 5% after Completion
Other information of interest
- High rise condominium
- Prime Location on Sukhumvit Road Soi 31 near Phrom Phong BTS station
- Full foreign quota still available
- Dedicated in-house sales team to handle re-sales and rentals
- Project targeted towards end-users to a greater extent than the average Sukhumvit Development, which makes the project attractive to both speculators who intend to sell before completion and also for more long term investments, with the possibility of renting out for a couple of years before selling.
- Historically, Bangkok property prices appreciate most during the first 5 years after completion.
- Mechanical Parking System
Construction starts June 2014 so contact firstname.lastname@example.org for more information now!