Life Sukhumvit 62
Following the success of Life Sukhumvit 48 near Onnut BTS Station, AP Thailand and Mitsubishi Estate have returned to the late Sukhumvit area with one of the hottest brand-new condominium developments of the year, Life Sukhumvit 62.
Strategically located in Sukhumvit Soi 62, within a short distance of Bang Chak BTS Station, Life Sukhumvit 62 comprises 438 FREEHOLD condominium units in a single 24-floor tower. The project is expected to be completed in April 2020.
Life Sukhumvit 62 offers more than a convenient location. Facilities at Life Sukhumvit 62 will include a 25-meter lap pool, a jacuzzi pool, and a fully-equipped gymnasium on the rooftop as well as a co-working space with wireless chargers, a fully automated multi-function room, gardens, 24-hour security with keycard entry, and free car parking for all residents. The project has 176 car parking spaces (40% of the total units).
There are 4 unit configurations at Life Sukhumvit 62 including a popular 39-sq.m. 1-bedroom Plus units (E20 type) that has a double skin façade, allowing residents to maximize their living area.
Ceiling heights are 2.6 metres. All condominiums at Life Sukhumvit 62 come with fully - fitted with kitchens including a hob and extractor, fully-fitted bathrooms, laminate flooring as well as air conditioners.
23 Febuary 2018
Project: Life Sukhumvit 62
Developer: AP Thailand Public Company Limited
Plot Size: 2 - 2 - 67.2 Rai (2134 Sq.m.)
Address: Sukhumvit 62, Bangkok
Number of building: 1
Number of floor: 24
Number of unit: 438
Completion date: N/A
Number of unit: 438
30 - 35 sq.m.
38 - 39 sq.m.
45 - 68 sq.m.
Co-Specialize & Cocoon
Suken Garden (5th Fl.)
Theatre Lounge & Sky Bench (23rd Fl.)
Starting Size: 25 sq.m.
Average Price Per Sq.m.: 140,000 Baht
First 5%: Within 7 days
Second 10%: Within 45 days from booking date
Life Sukhumvit 62 is worth to keep an eye on because it is conveniently located in Sukhumvit Soi 62, only 220 meters away from Bang Chak BTS Station. As the area around Phra Khanong and Onnut are filling up with developments, Bang Chak offers an alternative appealing residential location at a more affordable price, while residents can still enjoy direct access to the city center via BTS, as well as take advantage of all the amenities in Phra Khanong and Onnut.
Driving-wise, Life Sukhumvit 62 is also easily accessible via car with the entrance and the exit of Chalerm Maha Nakhon Expressway located only 800 meters away. With the ease of transportation both by BTS and cars, Life Sukhumvit 62 is expected to attract large residential demand from people who work or study in the city centers.
Bang Chak is an upcoming area with a potential to grow in the future. Currently, the area is home to the DKHS Thailand head office and M Tower, a new office building by Montri International. These offices further push up residential demand in the area.
Supporting retail amenities are located nearby, mostly clustered in Onnut which is only one stop away. Popular retail outlets include Tesco Lotus Onnut, Big C Extra Onnut, The Phyll Sukhumvit and Century the Movie Plaza. Anglo Singapore International School, Wells International School and Kluynamthai 2 Hospital are also located within easy reach.
From Bang Chak, there are only four stations to Thonglor, Bangkok's “most happening area”, and five stations to the EM District, one of the city's most popular shopping destinations.
BTS Bang Chak
Anglo Singapore International School
Bangkok Prep International School
Berkeley International School
Century Movie Plaza Onnuch
Central Plaza Bangna
Bang Chak is a new mid-Sukhumvit area that connects between the well-established Thonglor and the new late Sukhumvit area of Bang Na. Chia Tai, a subsidiary of CP Group, has purchased a land plot beside Viva Garden Serviced Residence on main Sukhumvit Road to develop their head office.
Whizdom 101, a large mixed-use project over 43 rai of land by Magnolia Quality Development Corporation (MQDC), is located at Punnawithi, only one station away from Bang Chak. The project will comprise three Whizdom condominiums, Innovative Lifestyle Complex (retail space) and True Digital Park (office space), South East Asia’s largest innovative hub. The Innovative Lifestyle Complex is planned to be opened by the end of this year.
Another upcoming project is The Bangkok Mall, a large-scale mixed-use project at the Bang Na Junction by The Mall Group. Under the “City within the city” concept, the project will comprise a large shopping center, an office building, a hotel and a serviced apartment.
Other upcoming large-scale projects in Bang Na include The Forestias, another mixed-use project by MQDC; the expansion of BITEC by Bhiraj Buri; Summer Lasalle, a mixed-use project, by Bhiraj Buri; and the expansion of Mega Bangna by SF Development. All these future developments will positively impact properties in the late Sukhumvit area.
- Location: Conveniently located near Bang Chak BTS Station (220 meters) and Chalerm Maha Nakhon Expressway (800 meters)
- Price: Competitively priced at around THB 130,000-140,000/sq.m.
- Investment: Excellent prospects for capital growth due to planned future developments and increasing popularity as a residential location for both Thais and expats. Strong rental demand from Asian and European expats
- Payment Terms: Small down payment – only 15% during construction with the remainder due upon completion, Up to 70% mortgage finance available for foreigners
- The Developer: AP Thailand is listed on the Stock Exchange of Thailand, one of the country’s leading developers of residential properties, and Mitsubishi Estate is one of the largest real-estate developers in Japan.