PHILO Ekkamai 6
PHILO Ekkamai 6 is a new boutique residential experience in one of Bangkok’s most popular residential areas, Ekkamai, with a theme of achieving a relaxed lifestyle whilst living in the heart of the city.
Due for completion in 2021, PHILO Ekkamai 6 will comprise just 78 FREEHOLD condominium units in a low rise 8-Floor building with a ratio of 46% car parking spaces. Prices for PHILO Ekkamai 6 are extremely competitive for this popular Bangkok district and start at just 3.7 MB (US$116,923, HK$911,415, SG$163,101, CNY819,245, Euro106,538).
The developer behind PHILO Ekkamai 6 is Library Estate. Established in 2011, Library Estate has built-up a respectable portfolio of condominium and residential housing developments as well as commercial projects. Successfully completed projects recently include PHILO Ladprao 18, Novel Ladprao 18, The Commerce Prachauthit-Suksawat and Library House Charan 13.
PHILO Ekkamai 6 is constructed on a quiet soi, a short distance from the main Ekkamai Road. The area is very tranquil yet close-by to many amenities as well as Ekkamai BTS Skytrain Station.
Facilities at PHILO Ekkamai 6 are extensive and include a rooftop infinity-edged swimming pool, a rooftop garden with garden bar, a professional gymnasium and a small tropical garden on the ground floor.
There will be 24-hour security, CCTV and an access control system in place when the development is completed.
There are 2 unit-types available at PHILO Ekkamai 6 with floor areas and configurations as follows:
1-Bedroom – 24.10 to 31.35 M2
1-Bedroom PLUS – 46.80 M2
All units are delivered fully fitted with kitchens, including a hob and an extractor, fully fitted bathrooms, wardrobes, laminated flooring and air-conditioners. A full furniture package is also available.
Prices & Payment Terms
Prices at PHILO Ekkamai 6 start at 3.7 MB or under THB160,000/M2 for a 1-Bedroom type on a lower floor making it the cheapest new development in the Ekkamai area. Launch promotions are available for a limited period only – please contact us for details.
Payment terms at PHILO Ekkamai 6 are simple and straightforward. A booking fee of THB50,000 to 100,000 depending on unit size is required as soon as possible to reserve your unit.
Thereafter a further 10% deposit (less the booking fee) is required to be paid to the developer within 14 days after which a Sales & Purchase Agreement (SPA) is prepared. Draft copies of the SPA are available upon request. Within 45 days of the booking fee payment a further 10% deposit is required to be paid to the developer. No further payment is required until completion in 2021 at which time the remaining 80% will be due.
Purchasers are free to re-sell their units at any time and mortgages are available for qualified foreign buyers from Kasikorn Bank (Hong Kong residents), UOB, ICBC, BOC and MBK.
The Common Area Management charge for PHILO Ekkamai 6 is THB65/M2/Month and the one-off Sinking Fund payment is THB500/M2. This means the average monthly management fee for a 1-Bedroom 24.10 M2 unit-type is THB1,566.50 (US$50, HK$387, SG$69, CNY347, Euro45).
For further information including a brochure, floor plans and latest prices & availability at PHILO Ekkamai 6 please contact us at [email protected] or call/WhatsApp +66 (0)86 533 6789.
PHILO Ekkamai 6 is located on Ekkamai Soi 6, in the centre of Ekkamai Road and approximately 450 metres from Ekkamai BTS Skytrain Station. The area is very much a property hotspot among both Thai and foreign buyers. A major benefit for residents at PHILO Ekkamai 6 is proximity to Big C on Ekkamai Soi 8, just a 3-minute walk away.
PHILO Ekkamai 6 benefits further by being nearby Thonglor Road with many amenities within easy distance including the brand new Donki Mall, Gateway Mall and Park Lane community mall. Also nearby are Healthland Spa, Sukhumvit Hospital, Ekkamai International School and Major Ekkamai cineplex and ice-skating rink.
By BTS Skytrain it is only one stop from Ekkamai to Thonglor and two stops to Phrom Phong and the shopping and entertainment meccas of Emquartier and the Emporium. Three stops from Ekkamai is the MRT interchange station at Asoke and Terminal 21 shopping centre.
The demographics of residents in the area are high-income Thais as well as Japanese expatriates making PHILO Ekkamai 6 a particularly interesting proposition for investment buyers looking for a good rental yield and high capital growth.
Bangkok Prep International School
Trinity International School
Srinakharinwirot (Prasarnmitr) University
Ekkamai International School
Wattana Wittaya Academy
Samitivej Sukhumvit Hospital
Rutnin Eye Hospital
Bumrungrad International Hospital
Asoke Skin Hospital
Donki Mall Thonglor
The EM District, Emporium, Emquartier
Makkasan Mega Project
The area around the PHILO Ekkamai 6 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. The environmental impact assessment study for the Grey Line has been completed and government approval has been given and the construction of Phase 1 is 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.
highlights of PHILO Ekkamai 6
- Location: Located in the centre of one of Bangkok’s prime residential areas comparable with Hong Kong’s Mid-levels district.
- Investment: Properties in the area enjoy higher than average capital growth and rental yields of between 5% and 6%.
- Payment Terms: Small down payment – only 20% during construction with the remainder due upon completion, Up to 70% mortgage finance available for foreigners.
- The Developer: Library Estate have a strong track record of completing good-value projects on schedule to full specification.
For further information including a brochure, floor plans and latest prices & availability at PHILO Ekkamai 6 please contact us at [email protected] or call/WhatsApp +66 (0)86 533 6789 or complete our enquiry form.