At present, the current housing prices in the central business district are so exponentially high that many people looking for new residences turn to other nearby locations at half the prices. This can help with the budget considerably while Chan Road is considered an old residential community with convenient access to the central business district, no lesser than any other famous neighborhoods. Today, Dot Property will bring everyone to explore Chan Road, seeing whether there is anything interesting and worth investing in the area.
Home to celebrated restaurants
Since Chan Road is a road full of old residential communities, it is not surprise that a number of renowned restaurants populate along the two sides of this road as well as in its various alleyways. All are filed with famous restaurants waiting for you to try from a traditional restaurant like Hia Hwan Fish Porridge that uses fresh, clean and delicious ingredients situated next to Chan Road, between Soi Chan 32/2 and Soi Chan 32/1, to a Japanese-style restaurant like Ebisu Shabu, where it is guaranteed to offer high quality of meat that almost melts inside the mouth by many visitors. The restaurant is located on the 1st floor of the Iyara Tower, in front of Soi Chan 2, and Gyu-Ya Yakiniku, a premium grilled meat buffet restaurant located on the 2nd floor of the community mall at the heart of the city like Vanilla Moon. Those who drop by the area should come and try these shops out for once.
Plentiful public utilities and facilities
Another important factor for those who are settling down or choosing a place to live is to have utilities and facilities available for the residents in the area, be it educational institutions, nursing homes, and public service offices. Highlighted spots in this area and nearby areas are as follows:
- Employment Security Office Bangkok
- Wat Suthiwararam School
- Phra Mae Maree Sathorn School
- Shrewsbury International School Bangkok
- St. Louis Hospital
- Lerdsin Hospital
- Bangkok Christian Hospital
- Charoenkrung Pracharak Hospital
There are also department stores and supermarkets in the area such as Lotus, Big C, Makro and Robinson along both sides of Chan Road.
Moreover, the first community mall on Chan Road named Vanilla Moon is situated at the heart of the road with the area of up to 3 rai. Asiatique The Riverfront, located nearby on Charoen Krung Road next to Chao Phraya River which is not far from Chan Road, is equally interesting.
Close to the CBD, convenient travel via car, train, or boat
Travelling is the factor that makes Chan Road an attractive location with the ease of travelling through multiple channels and forms. Despite not being at the center of the CBD or the central business district, Chan Road is not too far apart from the CBD, suitable for those who are looking for a residential location close to the heart of the business district at half the price of the residences in the CBD.
The area is easy for access through both private vehicles and public transportation. In particular, there are a number of public transportation options available from rail transportation with BTS skytrain stations along Sathorn Road, not far from Chan Road with the nearest station is Saphan Taksin Station and Surasak Station. As for the water commute system, there are Sathorn-Taksin Pier and Taksin Ferry Pier while for the public bus, the 35Ror bus is available within the area.
In terms of traveling by car, there are a number of main roads that connect with numerous directions whether it is Charoen Rat Road with Si Rat Expressway along the road or Charoenkrung Road that is connected to numerous important main road, including Rama 3 Road and Sathorn Road while also linked to major roads as in Sathupradit Road, Narathiwas Ratchanakarin Road and Nang Linchi Road as well.
Prime location with high returns is the definition of Sathorn-Silom area. The area has a higher number of rental demand than the real demand because the location is frequented by a high number of residents which can increase the value of the rental rooms. On average, the rental yield of this area will be as high as 5.95% (according to: https://bit.ly/2TNqYLQ) because there is a very high demand in the condominiums in this area.
The area has been one of the top CBD locations for an extended period of time, coupled with the fact that the area rarely sees new developments of residential projects, resulting in the high demand in the condominiums in Sathorn – Silom area from both Thais and foreigners. The rental rooms therefore are able to be rented out quickly and at the decent price range. How good would it be then if buying a condominium can provide you with more than just a place to live in.
Annually increased land price
Sathorn area is considered one of the top attractive residential areas while the location has lacked good supply in terms of residential projects for a long time, increasing the current condominium price to 350,000 baht per square meter on average (according to: https://bit.ly/2TNqYLQ).
The prices in the area never decrease and only increase in value since as the time goes by, the fewer new projects are launched. This is a great opportunity for anyone looking for a residence in the Sathorn area as the area is rich with high-end facilities and it is a location that allows the residents to live with in a truly quality society.
Your ideal place at the right location
With affordable housing prices in Chan Road area, such as the condominiums, that also meet the demand of those who require convenient traveling, community area and proximity to the business area, a quality condominium that would recommend for this time is The Cube Urban Sathorn-Chan, a English styled low rise condominium from Cube Real Property Co., Ltd. The condominium was developed under the concept of ‘ The Urban of Kingdom’ which offers comfort with the community environment.
Located in Soi Chan 51, the condominium offers merely 135 units to ensure utmost privacy for the residents. Apart from that, every details and designs were carefully inspected through the use of high quality materials and products. For example, interior furniture is fully furnished with Modernform furniture together with Kohler sanitary wares, the world-leading brand which enhance the premium quality of the condominium. Apart from the careful selection of materials, the project offers an abundance of facilities as follows:
- Lobby with co-working space double volume free wifi
- Smart MUSIC PLAYER (with 2 speaker spots in the living room and bed room)
- Automated external defibrillator
- Automated delivery cabinet
- Salt pool
- Exercise room
- Individual male-female sauna
- CCTV system in and around the building
- Key card system for building entrance and inside the elevator
- 24 hours security guards
- TV system through the center with cables available for cable TVs
- Un reserved parking slots at approximately 42% (no double parking)
- 2 elevators per building
- Fire alarm system, smoke detectors
- Fire switch and signal transmission equipment
- Shuttle bus to and from the BTS
It can be seen that not only The Cube Urban Sathorn-Chan is located on a location with high potential, it also provides great comfort for living with facilities and safety for residents. It is suitable for those who want condominiums located in a community that still meets the demand of a location in proximity with the business area like Sathorn district at an affordable price.
The starting price is only at 2.39 million baht with a special promotional discount of up to 150,000 bath*. At present, the project had already passed the EIA. It is now under construction and is expected to be completed in 2020.
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