Life Rama 4 - Asoke

Life Rama 4 – Asoke is an exciting new launch from AP and their first ‘Life’ branded condominium launch since Life Asoke Hype in 2018. ‘Life’ condominiums have an enviable track-record for their popularity among buyers and tenants alike, and have traditionally sold-out to a healthy mix of local Thai and foreign buyers from all over the world. This latest development from AP, and their first high-rise condominium launch in recent years, promises even more appealing features and is located in a fast-growing Bangkok neighbourhood on Rama IV Road, equidistant from the city’s CBD area on Sathorn Road and the popular residential, shopping, and entertainment district along Sukhumvit Road. 

 

 

Due for completion in September 2024, Life Rama 4 – Asoke is located 450 metres from Queen Sirikit MRT Station and will comprise 1,237 freehold condominium units and two retail units in a 39-Floor building with 496 (40%) car parking spaces. Prices for Life Rama 4 - Asoke start at 3.99 MB (US$ 116,000, HK$ 908,000, SG$ 157,500, CNY 745,600, EURO 100,300).

The developer behind Life Rama 4 - Asoke is AP, one of Thailand’s largest publicly-listed developers, in joint venture with Mitsubishi Estate Group.

 

project Specifications

Life Rama 4 - Asoke is constructed on a large piece of land of more than 5 Rai (2 acres) allowing for large green spaces and generous distances from buildings nearby, none of which are high-rise. The building will be the first high-rise in the immediate area and a particular feature for residents will be outstanding views from most units over the Chaopraya River towards the green area of Bang Krachao beyond.

Facilities at Life Rama 4 – Asoke are extensive and include a Sylvan Park, The Parlour, a Playfulness Bar, A Semi-Outdoor Lobby, a Chill-out Lab and a Green Tunnel on the ground floor.

Most residents’ facilities will be located on the 36th to 39th Floors and include a Swimming Pool and Jacuzzi, a Sundown Terrace, The Muscle Factory, The Common, The Circular Lounge, A Sky Studio and a Rooftop Garden.

 

 

There are 6 unit-types available at Life Rama 4 – Asoke, including a unique new ‘Vertiplex’ design with a 4.4-metre-high ceiling. Configurations for units at Rama 4 – Asoke are as follows:

  • 1-Bedroom                Vertiplex 1-Bedroom
  • 1-Bedroom PLUS     Vertiplex 2-Bedrooms
  • 2-Bedrooms              Vertiplex 3-Bedrooms

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.

 

price & Promotions

Prices for 1-Bedroom-type units start at 3.99 MB (US$ 116,000, HK$ 908,000, SG$ 157,500, CNY 745,600, EURO 100,300).

Discounts of between THB 250,000 and THB 400,000 per unit depending on size are available for a limited period only during the launch.

Payment terms at Life Rama 4 - Asoke are generous and straightforward. A booking fee of THB100,000 is required as soon as possible to reserve your unit.

Thereafter a further 12% deposit (less the booking fee) is required to be paid to AP within 7 days after which a Sales & Purchase Agreement (SPA) is prepared. Draft copies of the SPA are available upon request. No further payment is required until completion in September 2024 at which time the remaining 88% 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 Life Rama 4 - Asoke will be THB50/M2/Month and the one-off Sinking Fund payment will be THB500/M2. 

 

Factsheet

Location

Anyone familiar with the Bangkok property market now will know that the Rama IV area where Life Rama 4 - Asoke is located is very much a property hotspot with the city’s largest mixed-use development at One Bangkok currently under construction nearby. Also under construction is the new Dusit Park development and the Dolsiri office building by LPN and Nye Estate. FYI Centre, a modern medium-rise office building is nearby and on the opposite side of Ratchadapisek Road is the newly completed Parq office building and Med Park Medical Centre.

Life Rama 4 - Asoke benefits further by being only 450 metres from Queen Sirikit MRT Station which is one stop from the interchange of Sukhumvit MRT Station and Asoke BTS (Skytrain) Station on Sukhumvit Road. Expressway links are also within easy reach and direct entry and exit ramps are to be found on the other side of Rama IV Road from Life Rama 4 – Asoke.

Shopping options nearby Life Rama 4 – Asoke are exceptional and varied and include some of the best outlets in Bangkok. Terminal 21 is just one stop away by MRT and the expanding Emsphere shopping mecca which includes Emquatier and the Emporium is also easily reachable by car or public transport. At the other end of your shopping experience, Khlong Toei Market, at Rama 4 Road near Ratchadapisek Road, offers a vast and fresh array of Thailand's diverse agricultural products. Nearby on Rama 4 (at Soi Ari) are Big C Extra and the K Village lifestyle mall as well as Tesco Lotus Extra Rama 4 on the opposite side of Rama 4 Road. 

For relaxation and exercise Benjakitti Park, adjoining the redeveloped Queen Sirikit National Convention Center, includes a central lake, an outdoor exercise area, a cycling track and a path for walkers and joggers. Bicycles and boats can also be rented. Nearby Lumpini Park, stretching from MRT Si Lom to Lumpini Stations, is the neighborhood's primary green space, offering walking and jogging trails, playgrounds, and a lake where boats can be rented. Another small city park is located at Soi Ngam Duphli.

nearby amenities

MRT Queen Sirikit
FYI Centre
K village
terminal 21
Emquartier
Benjakitti Park
Sacred Heart Convent School
MedPark Hospital

upcoming infrastructure

Dusit Central Park, developed through a partnership between Dusit International and Central Pattana, is a world-class mixed-use development featuring four key elements: a hotel, residences, a shopping complex and an office tower complemented by large green spaces – valued at a total of THB 36.7 billion, the project is expected to be completed by 2024.

One Bangkok, developed through a partnership between TCC Asset and Frasers Property, this fully-integrated district valued at THB 120 billion will feature five grade A office towers, five luxury lifestyle hotels, three ultra-luxury condominiums, four distinctive retail precincts and more – the project will be completed in two stages with stage one expected to be completed in 2023, and stage two in 2026.

highlights Of Life Rama 4 - Asoke

Location: 450 meters from Queen Sirikit MRT Station with extensive Chaopraya River views from South-facing units.

Facilities: 4 contiguous floors of residents’ facilities with management fees unchanged since AP’s last ‘Life’ condominium launch (Life Asoke Hype) three years ago.

Payment Terms: Small down payment – only 12% during construction with the remainder due upon completion. Up to 70% mortgage finance available for foreigners.

 The Developer: AP is listed on the Stock Exchange of Thailand, one of the country’s leading developers of residential properties near mass-transit stations, in joint venture with Mitsubishi Estate Group from Japan.

For further information including a brochure, floor plans and latest availability at Life Rama 4 - Asoke please contact us at info@richmonts.com, call/WhatsApp +66 (0)62 496 6454 or complete the enquiry form.

 

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