“Luxury is Space”

Completed in 2019, The Monument Thonglor comprises 127 freehold condominium units in a single tower of 45-floors rising 177 metres in height and designed by world-renowned architecture firm Quintrix. 

The entire development covers approximately 2 Rai or just under one acre and there are 244 (192%) free residents’ car parking spaces available in a mechanical parking system on a first come first served basis with an electric vehicle charging station.

The developer behind The Monument Thonglor is Sansiri PLC, arguably Thailand’s most popular luxury developer with an unblemished track record of completed luxury developments throughout Thailand, including the country’s most expensive residence; 98 Wireless.

Leading international brands have contributed to The Monument Thonglor including Eichholtz by Quattro Design, Channitr Living furniture, and interior design by Lorenzo Castillio. The result is a stunning contemporary building, inside and outside, with meticulous attention to detail.

Facilities at The Monument Thonglor include a beautifully designed lobby area, a uniquely-designed swimming pool with jacuzzi and childrens’ pool, a professional gymnasium, a yoga room, a residents’ lounge, male and female steam rooms, a childrens’ play room, games room and a peaceful private garden on the ground floor with mature trees and shrubbery.

All residents at The Monument Thonglor benefit from a butler service, a concierge service, wireless internet throughout the building and 24-hour security and CCTV.

There are 3 unit-types available at The Monument Thonglor with floor areas and configurations as follows:

• 2-Bedrooms, 2-Bathrooms: 125.25 M2 – 100 units (78%)

• 3-Bedrooms, 3-Bathrooms: 252.25 M2 – 24 units (19%)

• Penthouses: 508.75 to 662.00 M2 – 3 units (3%)

All units are positioned on a corner and all have private lifts, spacious terraces and are delivered fully fitted with imported Binova kitchens, including an island, hob and an extractor, also fully fitted bathrooms, wardrobes, hardwood flooring, and air-conditioners. Bathroom fixtures and fittings are by Gessi. Windows are triple glazed throughout and all units have an electronic front door lock. Ceiling heights are 3.00 metres in living areas (up to 5 metres in penthouses) and 2.70 metres in bathrooms.

Prices at The Monument Thonglor start at THB 27,750,000 (US$880,241, HK$6,862,375, SG$1,226,457, CNY6,154,345, Euro798,256) for a 2-Bedroom unit of 125.20 M2 equivalent to just THB230,865/M2 after discount.

This price per sqm is significantly lower than other similar new developments in the Thonglor area so investor-landlords can expect significantly higher yields than usual for luxury property due to the low purchase price with projected rental returns of 5%.

Contact us now for latest promotions and discounts of up to 13 MB off 2-Bedroom units.

Payment terms for The Monument Thonglor are simple and straightforward. A booking fee of THB300,000 for all unit types (or the equivalent in foreign currency) is required as soon as possible to reserve your unit.

Thereafter a further 25% (less the booking fee) is required to be paid to Sansiri within one month after which a Sales & Purchase Agreement (SPA) is prepared. Draft copies of the SPA are available upon request. No further payment is required until transfer at which time the remaining 75% will be due.

Purchasers are free to re-sell their units at any time and mortgages are available for qualified foreign buyers from UOB, ICBC, BOC and MBK.

The Common Area Management charge for The Monument Thonglor is THB80/M2/Month and the one-off Sinking Fund payment is THB700/M2. This means the average monthly management fee for a 2-Bedroom 125.20 M2 unit-type is THB10,016 (US$317.50, HK$2,475, SG$442.80, CNY2,218.50, Euro288).

Located in one of Bangkok’s most popular residential areas, The Monument Thonglor is conveniently positioned on Thonglor Road (Sukhumvit Soi 55), arguably Bangkok’s most sought-after address. Well-known shopping centres including EmQuartier, The Emporium and J Avenue are within easy reach, as are multiple restaurants including The Commons, hospitals including Samitivej and Camillian and schools such as Bangkok Prep and St Andrews International School.

Home to some of the most well-heeled residents and Bangkok’s hippest street, Thonglor is the City's affluent neighbourhood appealing to residents attracted by the area’s flourishing array of sophisticated dining establishments, cafés, bars and burgeoning boutiques. With a host of the most sought-after amenities including prestigious schools and nurseries, and leading healthcare facilities on the doorstep, Thonglor is destined to remain one of Bangkok's most coveted addresses for a long time to come.

The area around the The Monument 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 operates, with a station to open nearby Thonglor Soi 25, almost directly opposite The Monument Thonglor. The environmental impact assessment study for the Grey Line has been approved and the Grey Line has received the government’s instruction to go ahead. Construction of Phase 1 is due to start shortly and expected to take 3 years.

The Grey Line will intersect with 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: Thonglor Road with a station for the Grey Monorail Line is planned within 100 metres of the development.

Price: Competitively priced with current prices on Thonglor Road exceeding THB350,000 per square metre in recent launches.

Investment: Higher than average capital growth expected as new infrastructure opens. High rental demand from locals and expatriates, projected 5% rental yields

Payment terms: 25% deposit required with mortgages available for qualified foreign borrowers.

The Developer: Stock Exchange listed Sansiri is one of Thailand’s largest and most respected developers.

For further details including floor plans and latest availability please contact us at info@richmonts.com, call or WhatsApp +66 (0)86 533 6789 or complete our enquiry form.