Thailand's leading real estate agent

New freehold Bangkok Condominium – Langsuan Road

By on Feb 24, 2016 in Property News, Residential

It’s rare to find a new condominium development on Langsuan Road in Bangkok. Langsuan is short, but is an urban oasis. It remains one of the prime locations in Bangkok as it is located in the CBD area.  Most of the land on Langsuan road is government owned which means most developments have to be leasehold. Freehold is rare and is usually sold out very quickly.

Navarang Asset has more than 30 years of experience in the area and has a number of residential projects on Langsuan Road. Navarang said,  “The homes and buildings are contemporary and classic, while the ambiance is serene, best suited for residential purposes. Lumpini Park provides a generous green area for the neighborhood. Some of the pieces of land have been developed into hangout spots, but in general, it is still a peaceful road with just the right amount of city life.”

Langsuan road has had some changes over the last 10 years with several new high rise buildings popping up. The developers have been unfamiliar but market feedback is always positive for these high-end projects.  The location is one of the best in town as it is connected to Sukhumvit or Ratchadamri Road to connect with Rama IV, and Sathon. Chidlom BTS station is in front of Langsuan road too.

Land in Langusan is some of the most expensive in Bangkok. Langsuan is surrounded by 5 star hotels and leading shopping malls such as Central World, Gaysorn, Amarin Plaza, Central Chidlom and Central Embassy.  The price per meter for a freehold condominium is in excess of THB 300,000 meaning you will need at least THB 25 million to own a unit. Next to the Portico is a new luxury building which is a low-rise freehold condominium project, due to be launched on March 5th.  Get your money ready, this one is going to go fast.

Source: Bangkok Post 17th February 2016
For the full article click here

No comment





 

emailSubscribe Via Email

Privacy guaranteed. We will not share your information.

Follow Me on Twitter

Follow Me on Facebook

Subscribe via RSS Feed

Copyright © 2020 CBRE (Thailand) Co., Ltd. All Rights Reserved.