According to The Nation newspaper, Thonglor is about to welcome:

“…developments worth more than Bt50 billion combined this year.”

This staggering level of investment, demonstrates an unprecedented level of confidence, for an area that has been the darling of Bangkok’s socialites!

Thonglor has over the years anchored itself as a top residential destination, offering a balanced and convenient lifestyle popular with both Thais and Expats. Soi Thonglor (Sukhumvit 55) offers a multitude of entertainment venues ranging from independent restaurants, quaint shops and trendy cafes.

The area also has a vibrant nightlife offering an eclectic collection of bars and clubs. This pleasant lifestyle is reinforced by the convenient presence of the BTS and easy access by road, to major road arteries (I.e. Rama 4, Sukhumvit Rd. and Petchaburi Rd.).

Soi Thonglor

Interestingly commercial developments and local businesses have thrived, however Thonglor has developed a distinctive lack of residential developments. This disproportionate local trend, has led to impressive property returns for investors. On the one hand condo prices have shifted upward from 120-150,000 THB Per/Sqm to an impressive 250,000+ THB Per/Sqm for some of the top projects. The area has also developed a stable rental market offering rental yields in the region of 4-6%.

In terms of tenant demographics the area attracts a mix of expats such as Japanese, Korean and European residents. This sudden condo development boom is the direct result of Thonglor’s success as a commercial and residential neighborhood.

A variety of Residential Developers have joined the fray, from large established Listed Companies to more independent upstarts!

Here is a quick spotlight on a few developments to watch:

1. The Bangkok Thonglor

The Bangkok Thonglor

Project Details:

This project will be a super-luxury project by public listed developer Land and Houses PCL. According to its marketing materials, the starting price for its units will be an impressive 18 MTHB. This high-rise project will consist of 31 Floors and offer a total of 148 Units; these will consist of:

• 1 Bed Unit Type (53-63 Sqm.) -34 Units
• 2 Bed Unit Type (82-94 Sqm.) -114 Units

Being a super-luxury condominium the condominium will offer a variety of luxury facilities such as a Gym Facilities, Pool, Sky Terrace, and Sky Japanese Onsen.

2. Khun by Yoo

Khun by Yoo Photo Coutesy of Sansiri PCL (www.sansiri.com/)

Project Details:

This Project by established listed developer Sansiri PCL is the company’s first branded development. The Condo is designed by Yoo Design Studio and Philippe Starck and will aim to offer an “industrial heritage” concept.

This high-rise will consist of 27 Floors and a total of 148 Units. It will offer 1, 2, 3 and Penthouse Unit Types, ranging between 41.5- 302.75 Sqm. The estimated price of these units will be approximately 300,000 THB Per/Sqm. and units will start at 15 MTHB!

In terms of facilities, the Condo will offer numerous luxury amenities such as Sky Pool, Gym and automatic parking system.

3. The Reserve Thonglor

The Reserve Thonglor Photo coutesy of Pruksa Real Estate (thereservecondo.com)

Project Details:

This Condo will be developed by Pruksa Real Estate PCL; this development will be a flagship development for the company as it will be its first luxury condo project. In line with its general lush and green style, The Reserve Thonglor will aim to offer a “natural reserve” concept and style.

The Condo will be a high-rise building of 26 Floors and 110 Units. Interestingly according to its marketing materials, every Unit will be a corner unit to maximize privacy and peaceful living. The project will offer:

• 1 Bed Unit Types (43.94- 58.15 Sqm.) –Starting at 10 MTHB
• 2 Bed Unit Types (70.86- 76.77 Sqm.)
• Penthouse Unit Types (Starting 121.71 Sqm.)

4. Tela Thonglor

Tela Thonglor

Project Details:

Located around trendy Thonglor Soi 10, this super-luxury condo by luxury developer Gaysorn Property, will offer a total of 84 Units and 31 Floors. The development will be developed with a contemporary and sophisticated design; it will aim to offer an exclusive lifestyle environment.

Tela Thonglor will offer the following Unit types:

• 2 Bed/ 2 Bath Unit Type (111 Sqm.)- Starting at 32 MTHB
• 3 Beds/ 3 Bath (201-202 Sqm.)- Starting at 60 MTHB
• 3+1 Beds (245 Sqm.)
• Sky Duplex Suite/ 4 Beds (280 Sqm.)

5. Runesu Thonglor 5

Runesu Thonglor

Project Details:

This more independent development is a joint venture between Woraluk Group and Japanese Shinwa Group. This Condo Project will be a low-rise consisting of 8 Floors and a total of 156 Units. The building will be developed with an authentic Japanese living concept.

Runesu Thonglor 5 will offer 1-2 Bed Unit Types between 29- 65 Sqm. in size. It will offer a variety of amenities such as a Gym, Golf Simulator and even a Japanese Onsen.