Park Origin Phayathai
Park Origin Phayathai is your freehold luxury home in Bangkok. Developed by Origin, a leading Thai developer, the Condominium has approximately 550 units in a 33-floor high-rise building. Additionally, there are 275 parking lots, equivalent to 50% of the units in the property.
This stylish condominium is conveniently located in the heart of Bangkok, on Phayathai Road, and is only 200 meters away from Phayathai BTS Station. It’s surrounded by a wide range of wonderful amenities and promises great commercial and residential value to both investors and homeowners.
The property is set to start construction in Q4 2018, and expected to complete in Q2 2021.
Park Origin Phayathai is situated on 2-1-36 rai of land (936 sq.wah).This luxurious residential building offers homeowners superb upscale amenities, including a water cascade, two drop-off lobbies, a climbing wall, a playground, a step lawn, a pavilion, and a fitness centre. In addition, there is a business centre, allowing convenient completion of any pressing work matters and for private meetings. The concept behind the design is about creating a wonderful lifestyle where residents are able to live amongst nature, and at the same time keep in touch with the outside world. A smart access system implemented throughout the building allows residents to come and go with ease. Also, a virtual home assistant installed on owners’ phones allows residents to voice control the lighting and air-conditioning.
There are 4 types of unit configurations in this condominium; 1-bedroom (S), 1-bedroom (M), 1- bedroom plus, and 2-bedrooms. The details (excluding furniture package) for the units on 7 and 17th floors.
The prices of a 1-bedroom and two-bedroom condominiums start from 6.92 and 17 million Baht, respectively.
Factsheet
Fact
15 May 2018
Information
Project: Park Origin Payathai
Developer: Origin Property Public Company Limited
Plot Size: 2-1-36 Rai (3,636 Sq.m.)
Address: Payathai road, Bangkok
Number of building: 1
Number of floor: 33
Number of unit: 550
Completion date: Q2 2021
Unit Type
Number of unit: 550
1-Bedroom
23.80 - 25.70 sq.m.
1-Bedroom Plus
31.70 - 33.30 sq.m.
2-Bedroom
48.70 - 55.10 sq.m.
Facilities
Parking: 50% (275 Lots)
Starry Sky Lounge (36th/Fl.)
Flower Field (27th/Fl.)
Tree Cabin (17th Fl.)
Healing Terrace (15th Fl.)
Cascade Pool (11th Fl.)
Garden Base Camp (Ground Fl.)
Price/Payment
Starting Price: 6.92 MB.
Starting Size: 23.80 sq.m.
First 10%: Within 30 days
Second 15%: Within 60 days
Final 75%: On transfer of ownership
All units are provided fully fitted
Location
This beautiful property is strategically located on Phayathai Road, which is only 200 meters away from BTS Phayathai Station. This area is also known as a transportation hub, where you will find a major expressway, Victory Monument (buses and vans go to suburbs and provinces), and the Airport Rail Link.
The location of the property is also convenient for easy access to different destinations including shopping centres and airports in just a blink of an eye. The famous Chatuchak Market, Central World, Siam Center and MBK are all just within a radius of approximately 2 kilometres, which is just a matter of minutes when using the BTS. It takes about 30 minutes to Suvarnabhumi International Airport or Don Muang InternationalAirport on the Airport Rail Link.
There are also a great number of schools in this neighbourhood, which cover all stages of education. There is one primary school and 2 international schools with students from ages 3 to 18. Worth noting are Sathit Pathumwan School and Triamdom Suksa school which are among the best high schools in Thailand. Also nearby are Chulalongkorn University, one of the best public universities in Thailand, and Mahidol University, internationally recognized as the best private university in the country. If you are a concerned parent, and only want the best for your children in terms of education, this area represents the best choice in all of Bangkok.
In addition, the neighbourhood offers a number of well-established hospitals that specialise in different fields. To name a few, Bumrungrad International Hospital, Ramathibodi Hospital, Rajavithi Hospital. In case you are unwell, visiting one of those hospitals is easy. Additionally, there are government offices, embassies, learning centres, amazing dining options, Tesco Lotus, 7-11 convenient stores and Tops Market.
Many government offices and schools here demonstrate a steady demand for rentals in this area. Furthermore, being next to major transportation choices such as the BTS and the Airport Railway Link, ensures good capital growth prospects for Park Origin Phayathai.
nearby amenities
BTS Phayathai
Airport Rail Link Payathai
MRT Rangnam (Opening in 2024)
Wannasorn Tower
Chulalongkorn University
Payathai Hospital
Rajavithi Hospital
Faculty of Dentistry, Mahidol University
King Power Complex Rangnam
Century Plaza
Center One
Fashion mall
Phayathai Complex
upcoming infrastructure
MRT Orange Line will be the first mass-transit line to connect Bangkok’s eastern suburbs with western suburbs. The construction of the first phase of MRT Orange Line which runs from Minburi to Taling Chan is currently underway and expected to open by the end of 2022. As for the second phase of MRT Orange, the cabinet is expected to approve the budget by the end of 2018.
The mega project on the 500-rai of land in Makkasan can also potentially create a positive impact to Park Origin Phayathai in the future.
highlights
Location: Ideally located on Phayathai Road, easy to commute around (near expressway and Phayathai BTS Station, Airport Railway Link)
Price: Priced at around THB 300,000/sq.m.
Investment: The presence of numerous top-notch education institutions including Thailand’s best high schools and universities, government offices and excellent office buildings promise excellent capital growth prospects.
Payment Terms: Small down payment – only 25% during construction with the remainder due upon completion.
The Developer: Origin is listed on the Stock Exchange of Thailand, and one of the country’s top residential developers.
