“The Difference is in the Essentials”

The Strand Thonglor is a brand-new condominium due for completion in Q3 2021. Located in one of Bangkok’s most popular residential districts, The Strand Thonglor is the first development by One.Six Development Corporation in joint venture with Magnolia Quality Development Corporation (MQDC). Prices before promotions start at 19.5 MB (US$ 600,992) or around THB 350,000/M2 reflecting the building’s convenient location just one minute’s walk from Thonglor BTS Skytrain Station on Sukhumvit Road. The Strand Thonglor is a highly specified luxury condominium and promises to be a popular lifestyle or rental investment choice for the many Thai and foreign buyers aspiring to live in the Thonglor area.

The Strand Thonglor comprises a single tower with 30-floors and 198 freehold condominium units. The entire project covers 1-2-46 Rai (2,584 M2) of land and there are 103 parking spaces available on a first come first served basis in a state-of-the-art automated parking facility.

The development is located at the junction of Thonglor Road with Sukhumvit Road. Thonglor Road runs for approximately 5 Kms from Sukhumvit Road in the South and joins Petchaburi Road to the North. Thonglor BTS Skytrain Station and the Green Line is a stone’s throw away and will be an interchange station for the new Grey Line mass transit route planned to open in 2023.

Founded in 2016 One.Six Development Corporation is a relatively new boutique developer and is joined in the development of The Strand Thonglor by MQDC, one of Thailand’s largest residential developers. Tanyatip Chearavanont, a fourth-generation member of the Chearavanont family and formerly an MQDC Project Manager, founded One.Six Development Corporation Co. Ltd., to develop innovative world-class residential projects. MQDC was founded in 1994 as Town & Country Development Co., Ltd by Mr. Dhanin Chearavanont, whose family owns the conglomerate Charon Pokphand (CP) Group, Thailand’s largest business corporation.

In line with the luxurious low-density appeal of The Strand Thonglor, facilities are extensive and include an impressive residential lobby on the ground floor, a playroom area on the 6th floor with a children’s play area and a tutor room and a clubhouse on the 27th floor and rooftop with a residents’ living room, a swimming pool and children’s pool, a putting green, a fitness and meditation studio, changing rooms, male & female sauna rooms and a rooftop terrace.

There is 24-hour security and CCTV throughout the development for the convenience and safety of all residents.

There are four condominium unit-types available at The Strand Thonglor with floor areas and configurations as follows:

1-Bedroom – 48 to 55 M2
2-Bedrooms – 73 to 107 M2
Duplex units – 110.4 M2
Penthouse – 184 M2

All units are delivered fully fitted including kitchens with a hotplate, hob and an extractor, fully fitted bathrooms, wood flooring, and air-conditioners. The developer says of the luxurious specification of The Strand Thonglor:

“Materials and finishing are carefully selected for those with an appreciation for subtlety of detail and workmanship. The aesthetic is one of timeless authenticity, and with interactive recreational spaces. The Strand is a playground in which to indulge, explore and connect.”

Prices at The Strand Thonglor start at THB 19,519,045 (US$ 600,975, HK$ 4,675,641, SG$ 772,854, CNY 4,215,620, Euro 538,401) for a 1-Bedroom unit of 55.70 M2

Special discounts and promotions on selected units may be available from time-to-time, please contact us for details of latest offers.

Payment terms for The Strand Thonglor are simple and straightforward. A booking fee of THB200,000 (or the equivalent in foreign currency) is required as soon as possible to reserve. Thereafter 30% deposit will be due upon contract signature within 30 days. There will be no more to pay until transfer in Q3 2021.

The Common Area Management charge for The Strand Thonglor is THB100/M2/Month and the one-off Sinking Fund payment is THB1,200/M2. This means the monthly management fee for a 1-Bedroom 48 M2 unit-type is THB 4,800 (US$ 155).

Purchasers are free to re-sell their units at any time and mortgages are available for qualified foreign buyers.

Thonglor is 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 fashionable locals and in recent years more and more foreigners have been enjoying the Thonglor scene too.

In addition to its close proximity to Thonglor BTS Skytrain Station 30 metres away, The Strand Thonglor benefits further by being nearby many other amenities in the Thonglor area including the new Donki Mall, Gateway Mall and the Park Lane community mall. Also nearby are Big C on Ekamai Soi 8, Health Land Spa, Sukhumvit Hospital, Ekamai International School and Major Ekamai cineplex and ice-skating rink.

By BTS Skytrain it is only one stop from Thonglor to Phrom Phong and the shopping and entertainment meccas of Emquartier and the Emporium. Two stops from Thonglor is the MRT interchange station at Asoke and the Terminal 21 shopping centre.

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

The area around The Strand Thonglor 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 to Thonglor BTS Skytrain Station and nearby shopping and dining venues.

Quality & Amenities: Well-designed with luxurious specifications and extensive residents’ facilities.

Investment: Higher than average capital growth expected as new infrastructure opens. A legacy asset in a prime location.

After Sales Services: Furnishing and interior design services are available to all clients of The Strand Thonglor.

For further information and details of latest promotions at The Strand Thonglor including a brochure, floor plans and latest availability please contact us at info@richmonts.com or call/WhatsApp +66 (0)62 496 6454.