President Place (Sold)
Property for sale (Resale) (Lease hold until December 2033)
| Project | President Place |
| Address | Next to InterContinental Hotel (Chidlom) |
| Station | 3-minute walk to BTS Chitlom |
| Year Built | 2000 |
| Unit Type | 1 Bedroom |
| Area | 88 sqm |
| Price | 3,000,000 Baht |
| Price/sqm | 34,091 Baht/sqm |
| Developer |
President Hotel&Tower |
| Property Type | Leasehold/High-rise condominium |
| Floor/nit | 27 Floors /168 units |
| Expected yield | Approximately 16% |
| Common fee | 90 THB/Sqm |
Remarks
This property arguably possesses the finest location attributes in Bangkok. As the core Chidlom area is designated entirely as Crown Property land, the development of Freehold condominiums is restricted, limiting the surrounding real estate strictly to premier hotels, corporate offices, and luxury retail department stores.
The property features direct internal access to the InterContinental Hotel and Gaysorn Village, offering residents seamless everyday integration with their premium cafes and retail outlets.
The property is also connected to the BTS Skywalk, which extends to Centralworld and Big C. Residents can enjoy comprehensive walking-distance conveniences while remaining completely sheltered from the rain.
Despite its age, this luxury condominium maintains a pristine, hotel-grade property management standard that ensures long-term quality.
This premium 1-bedroom residence is characterized by its exceptionally generous proportions, featuring an expansive layout across the kitchen, living room, and bedroom areas.
The master bathroom features a fully-fitted bathtub amenity.
The room faces south, offering a beautiful view of some of Bangkok's top-class architecture, including the InterContinental Hotel and the Magnolias building.
This property is held under a Leasehold tenure, whereby the ownership of the land and the building are segregated. The underlying land lease agreement is scheduled to expire at the end of December 2033.
It is subject to the possibility that the land lease agreement may be extended or renewed upon its expiration in the future.
The acquisition of a Leasehold property exempts the buyer from the mandatory requirement of inbound international remittances; hence, the transaction can be fully executed utilizing local Thai Baht currency within Thailand.
Given the absolute scarcity of future residential developments in this immediate vicinity, this property arguably represents the pinnacle of real estate, unmatched in both its premier location attributes and exemplary property management.
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バンコクで一番立地条件の良いコンド「President place」
- Listing page
- Leasehold
