“Esteemed Character, Bar None”

The Estelle Phrom Phong is a luxury freehold condominium from one of Thailand’s leading developers and is due for completion in 2022.

The development is positioned within an easy 3-minute walk from Phrom Phong BTS Skytrain Station located in one of Bangkok’s most popular residential districts. The Estelle Phrom Phong promises investors a high-yielding rental investment and lifestyle buyers a lasting legacy property asset.

The development comprises a single tower of 37-floors and 157 condominium units located on a land plot of 1-3-97.2 Rai or 3,188.8 square metres.

There are conventional car parking floors with 199 car parking spaces equivalent to a ratio of 125% to the number of residential units. Residents’ car parking spaces for larger units are fixed with the remainder available on a first come first served basis. Car parking spaces are not for sale separately. Special designated parking for super cars is also provided.

The Estelle Phrom Phong has been developed by Raimon Land in joint venture with Tokyo Tatemono with design consultants SCDA Design and architects IDeA. Raimon Land is one of Thailand’s oldest developers, established in 1987, and has a long track record of successfully completed luxury projects in Bangkok and in Thai resort locations.

The development is located within easy walking distance of The Emporium and EmQuartier as well as the soon-to-open EmSphere on Sukhumvit Road. The Estelle Phrom Phong is therefore proving popular with both end-user buyers and investors alike as the Phrom Phong area has long been the preferred residential area for wealthy Thai families and the many Japanese expatriates in Bangkok.

Facilities at The Estelle Phrom Phong are extensive, cover an area of more than 3,000 square metres and include a Japanese Courtyard and Garden, a Non-Chlorinated Swimming Pool with Children’s Pool, Separate Male & Female Onsens and Saunas, a separate Multi-Purpose Area for private dining, functions and events.

There are four condominium unit-types available at The Estelle Phrom Phong, limited to only 2-4 units per floor, with many units enjoying private lift access. Floor areas and configurations as follows:

• 1-Bedroom: 55 – 62 sq.m.
• 2-Bedrooms: 89 – 143.50 sq.m.
• 3-Bedrooms: 160 sq.m.
• Duplex: 222.50 – 235.50 sq.m

All units are delivered fully fitted including luxury kitchens with a hotplate, hob and an extractor, fully fitted bathrooms, engineering wood flooring, and air-conditioners. A choice of warm scheme and cool scheme interior colours are available for buyers to choose from. In addition, all units feature generous 3.15 metre ceiling heights, extending to 6 metres in duplex-unit types.

Open views across the city are guaranteed from most condominiums, and unique to The Estelle Phrom Phong, two units will be kept aside for residents to book for their visiting guests should they wish.

Prices at The Estelle Phrom Phong start at 17.4 MB (US$ 530,000, HK$ 4,172,000, SG$ 720,400, CNY 3,400,000, Euro 471,000) and special offers are available upon application.

Payment terms for The Estelle Phrom Phong require a fee of THB200,000 to reserve with a 10% deposit required upon contract signature thereafter. Further installment payments are required during the construction period. Full payment will not be due until transfer in 2022. Please contact us for full details of the payment schedule.

The Common Area Management charge for The Estelle Phrom Phong is THB140/M2/Month and the one-off Sinking Fund payment is THB1,000/M2. This means the monthly management fee for a 1-Bedroom 55 sq.m unit-type is THB 7,700 (US$ 250).

Mortgages are available for qualified foreign buyers from UOB, ICBC, BOC and MBK.

By BTS Skytrain it is only one stop from Phrom Phong and the shopping and entertainment meccas of Emquartier and the Emporium to Thonglor, one of Bangkok’s most popular entertainment streets, well known for its classy bars, boutique shops, and fashionable clubs and restaurants. The Thonglor area is traditionally the domain of ultra-fashionable and moneyed Thais and in recent years, more and more foreigners have been enjoying the Thonglor scene too.

One stop by BTS to the West is the MRT interchange station at Asoke and Terminal 21 shopping centre as well as several 5-star hotels including the Sheraton Sukhumvit, The Westin Grande and The Pullman Hotel.

The demographics of residents in the area are high-income Thais as well as Japanese expatriates, making The Estelle Phrom Phong a particularly interesting proposition for investment buyers looking for a healthy rental yield and high capital growth.

The area around The Estelle Phrom Phong is expected to enjoy significant capital growth in property values when Phase 1 of the Grey Monorail Line planned from Raminthra to Thonglor BTS Station starts operation in 2023. The environmental impact assessment study for the Grey Line has been completed and the construction of Phase 1 is expected to start in 2021.

The Grey Line will intersect with several other mass transit lines when all three phrases are completed including the Pink Line, the Yellow Line, the Orange Line, the Light Red Line, and the Green Line at Thonglor BTS Station. The Grey Line is expected to carry around 140,000 daily commuters.

Location: Easy access (200 metres) to Phrom Phong BTS Skytrain Station and nearby shopping and dining venues at EmQuartier.

Quality & Amenities: Low density luxurious design with high privacy and extensive residents’ facilities.

Investment: Higher than average capital growth expected as new infrastructure opens. High rental demand from locals and expatriates for investor-buyers.

The Developer: Raimon Land is one of Thailand’s most respected luxury property developers.

For further information including a brochure, floor plans and latest availability at The Estelle Phrom Phong please contact us at info@richmonts.com, call/WhatsApp +66 (0)62 496 6454 or complete the enquiry form.