MAESTRO 03 Ratchada – Rama 9

Maestro 03 Ratchada - Rama 9 is the latest new residential condominium from Major Development in one of Bangkok’s most popular neighbourhoods, Asoke-Rama 9, also known as Bangkok’s New CBD. Maestro 03 Ratchada - Rama 9 is ready to move-in to now and special promotions and discounts are available on selected remaining units.

Maestro 03 Ratchada - Rama 9 comprises 335 freehold condominium units in 3 low rise (8-Floors) buildings on a land plot of 3-0-18 Rai (approximately 4,800 M2) with basement carparking. The project was designed in an elegant European style with a semi indoor swimming pool and garden in between the buildings. All 3 buildings are facing a central green space and provide natural lighting and cross ventilation to accentuate the wellbeing of residents.

Prices for Maestro 03 Ratchada - Rama 9 are competitive for this popular Bangkok district and a limited number of Hot Deal units available now start at only THB 2,990,000 (US$ 98,900 HK$ 766,600 SG$ 132,500, CNY 649,300, EURO 82,000) while stock lasts.


The developer behind Maestro 03 Ratchada – Rama 9 is Major Development, founded by the Poolvoralaks family in 1999, it went public in 2005, and was listed on the Stock Exchange of Thailand in 2007. Major Development primarily constructs condominiums for the luxury market but also some townhouse and detached home projects as well as commercial real estate. Major Development has received numerous industry awards for its projects, including 2017 Thailand Property Awards for “Best Ultra Luxury Condo Development (Bangkok)” and “Best Condo Development (Thailand)” for  MARQUE Sukhumvit, and Think of Living.com People's Choice Thailand 2016 “Editor’s Choice” Award for MUNIQ Sukhumvit 23.

For further information including a brochure, floor plans and latest availability at Maestro 03 Ratchada - Rama 9 please contact us at info@richmontsthailand.com or call/WhatsApp +66 (0)62 496 6454. 
 

project Specifications

The concept behind Maestro 03 Ratchada - Rama 9 is to provide a classic style with a modern twist. It is designed to capture a well-balanced design between Classical European and Simple Contemporary aesthetics, with touches of Western Landscape Architecture and symmetric planning.


The elegant theme of the development extends to the facilities which are mainly located on the ground floor and include a semi indoor swimming pool, a mezzanine gym, steam and sauna rooms, a jogging track, a reading cabin, a gourmet cabin, a BBQ patio, and a reflexology garden. Maestro 03 Ratchada - Rama 9 is one of those rare Bangkok condominiums that is pet-friendly and there is a special pet-lover’s cabin and an area provided for pet walks.


Superbike and bicycle parking is available and there is a laundry room for residents as well. 24-hour security guards, a CCTV system and a keycard entry system are also provided for the safety and convenience of all residents.


There are 6 unit-types available at Maestro 03 Ratchada - Rama 9 with floor areas and configurations as follows:

Building A

  • 1-Bedroom:     29 – 33.57 M2
  • 2-Bedrooms:    57.67 – 67.53 M2

Building B

  • 1-Bedroom:     29.01 – 41 M2
  • 2-Bedrooms:    50.39 – 74 M2

Building C

  • 1-Bedroom:    29 – 41.38 M2
  • 2-Bedrooms:    57.24 – 74 M2

All units are delivered fully fitted with fitted kitchens, including a hob and an extractor, fully fitted bathrooms, wardrobes, laminated flooring and air-conditioners.
 

prices & promotions

Prices at Maestro 03 Ratchada - Rama 9 are competitive and start at only THB 2,990,000 (US$ 98,900 HK$ 766,600 SG$ 132,500, CNY 649,300, EURO 82,000).

Payment terms at Maestro 03 Ratchada - Rama 9 are simple and straightforward with a THB 100,000 booking fee required as soon as possible to reserve your unit.

Thereafter a deposit of 10% is required and the Sales & Purchase Agreement is signed. Once the deposit is paid the remaining amount of 90% is required upon unit transfer.

The Common Area Management charge for Maestro 03 Ratchada - Rama 9 is THB65/M2/Month and the one-off Sinking Fund payment will be THB650/M2. This means the average monthly management fee for a 1-Bedroom 29 sqm unit-type is THB1,276 (US$ 41, HK$ 317, SG$ 56, CNY 274, Euro 35).

For further information on price and promotions at Maestro 03 Ratchada - Rama 9 please contact us at info@richmontsthailand.com or call/WhatsApp +66 (0)62 496 6454. 

Factsheet

Location

Maestro 03 Ratchada - Rama 9 benefits by being only 200 metres from Ratchadapisek Road and 700 metres from Thailand Cultural Centre MRT Station or 600 metres from Rama 9 MRT Station with a residents’ shuttle service. 

From Rama 9 MRT Station it is just one stop to Petchaburi MRT Station and the Airport Link station at Makkasan. Visitors arriving at Suvanabhumi International Airport can be at Maestro 03 Ratchada - Rama 9 within 45 minutes of passing through airport customs. The development is also within easy distance of the Si rat Expressway, Bangkok’s biggest expressway network.

Maestro 03 Ratchada - Rama 9 is strategically located in the New CBD area, surrounded by several mega projects including the Grand Rama 9 project by G Land, Singha Complex and the soon to be launched Makkasan Complex on more than 300 Rai (118.6 acres) of land.

The New CBD area comprises of over 2 million square meters of office, hotel and retail spaces in G Tower, Unilever House, The Ninth Towers, the new Stock Exchange of Thailand, AIA Capital Center, Central Rama 9, Fortune Town IT Centre, The Street Ratchada and The Shoppes at Belle, making it an ideal area to live in or to invest. Rental yields in the Rama 9 area are among the highest in Bangkok and the projections for capital growth are equally strong.

Other supporting amenities such as schools and hospitals are also within an easy reach. KIS International School, SISB International School, The Regent’s International School Bangkok, University of Thai Chamber of Commerce, Rama 9 Hospital, Bangkok Hospital and Bumrungrad Hospital are easily accessible from Maestro 03 Ratchada - Rama 9.
The demographics of residents in the area are middle-income

Thais as well as Chinese and Korean expatriates. The area is popular among the Chinese community due to its proximity to the Embassy of the People’s Republic of China located nearby Maestro 03 Ratchada - Rama 9 on Ratchadapisek Road.

nearby amenities

Rama 9 MRT Station
The Street Ratchada
G Tower
Central Plaza Grand Rama IX
SISB International School
The Regent’s International School Bangkok
Rama 9 Hospital
Bumrungrad International Hospital

upcoming infrastructure

Thailand Cultural Centre MRT Station (700 metres from Maestro 03 Ratchada - Rama 9) will soon become an interchange station with the MRT Orange Line. Currently, the first phase of MRT Orange Line, running from Min Buri to Thailand Cultural Centre, is under construction and it is expected to be completed by 2022.

Moving south along Ratchadapisek Road, at the Asoke – Petchaburi intersection, the development of Singha Complex has recently completed and comprises office and retail spaces as well as a luxury condominium.

The plans for Makkasan Complex on land owned by the State Railway of Thailand near Makkasan Airport Rail Link Station are under discussion. Although details have not yet been concluded, this mega project will without doubt positively impact property prices in the area and is planned to complete by 2024.

highlights OF Maestro 03 Ratchada - Rama 9

Location: Located in the heart of Bangkok’s New CBD, only 200 meters (3-minutes’ walk) from Ratchadapisek Road.

Price: Average prices are THB 125,000/sq.m, well below the average of THB140,000/sq.m. for this part of the Asoke – Rama 9 New CBD area.

Investment:  Properties in the area enjoy higher than average capital growth and rental yields.

The Developer: Major Development is one of Thailand’s best established listed developers

For further details of mortgages and information on Maestro 03 Ratchada - Rama 9 including a brochure, floor plans and latest availability please contact us at  info@richmontsthailand.com or call/WhatsApp +66 (0)62 496 6454.

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