Rise Rama 9 is a brand new development directly on Rama 9 road – one of the main arteries through Bangkok. The location is an ideal one for investors looking for very strong medium and long-term capital growth as the area is developing quickly. This part of the city is being developed into a new Business District surrounding the Stock Exchange of Thailand and will soon benefit from quick and easy transport links, as it will be served by the new Orange MRT line. The location of Rise Rama 9 is less than 100m from the forthcoming Prditmanutham MRT station. Construction on the Orange line will commence in May 2017, with completion scheduled for 2020.
This part of Rama 9 Road is popular with students studying in the Ramkhamhaeng area and is also becoming increasingly popular with expats from across Asia. Rama 9 is one of the most convenient areas for anyone looking for easy access to highways leading to either of Bangkok’s international airports – Suvarnabhumi and Don Muang. The project is also very close to the new ‘Super Tower’ set to be Bangkok’s tallest commercial tower, and malls such as Big C and the massive Fortune Mall.
As for the project itself, Rise Rama 9 is a low rise project consisting of four eight-storey residential buildings set on a 6-rai plot. The large swimming pool is one of the project’s main centerpieces, which gives the development a relaxed and ambient resort feeling despite being located right in the heart of the city.
The total number of units in Rise Rama 9 will be 669 and will consist of one-bedroom apartments ranging from 25-33m2 plus two-bedroom/two-bathroom apartments sized at 61m2. There are also a select number of duplex units for those who prefer split-level living.
Rise Rama 9 offers a full range of modern facilities for the enjoyment of residents and guests alike. In addition to the large swimming pool set in gardens, there is also a fitness centre with boxing facilities and a jacuzzi. There is also a co-working space where anyone can use the communal computers or their own wifi connected laptops and there will also be a coffee shop and mini mart on site making daily shopping a breeze.
With starting prices of just over THB 2 million ($56,000) including a full furniture package together with full ‘smart home’ integration, Rise Rama 9 is one of the most affordable projects in Bangkok currently. In addition to the excellent capital gains that are sure to come once the new MRT station is operational in 2020, those looking to purchase as an investment can also benefit from the project’s Guaranteed Rental Scheme, which offers an annual return of 6% for a period of three years.
In summary, Rise Rama 9 is an excellent choice for any investor with limited funds who is looking to benefit from the booming real estate market in Bangkok.
|One-Bed – Min||25||2,041,250||Closing Costs||1%|
|One-Bed – Max||33||2,694,450||Payment Plan|
|Two-Bed – Min||61||5,481,475||Reservation Fee||THB 50,000|
|Two-Bed – Max||61||5,516,550||Deposit Payment||30%|