President Place
Property for sale (Resale) (Lease hold until December 2033)
| Project | President Place |
| Address | Next to the InterContinental Hotel (Chit Lom) |
| Station | Approx. 3 mins walk to BTS Chit Lom |
| Year Built | 2000 |
| Unit Type | 1Bedroom |
| 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/Unit | 27階/168戸 |
| Expected yield | Approximately 16% |
| Maintenance fee | 90 THB/Sqm |
Remarks
This property occupies what is arguably the most prime location in Bangkok. As the core of the Chit Lom area is entirely owned by the Crown Property Bureau, building new freehold condominiums here is strictly restricted. Consequently, the surrounding neighborhood is exclusively reserved for luxury hotels, Grade-A offices, and high-end department stores.
The property features direct indoor connectivity to the InterContinental Hotel and Gaysorn Department Store, allowing residents seamless everyday access to their premium cafes, restaurants, and retail shops.
The estate is directly integrated with the BTS Skywalk system, which extends further to centralwOrld and Big C Rajdamri. This premium connectivity ensures residents can access an abundance of lifestyle amenities within walking distance completely sheltered from the rain.
Although it is an established property, this luxury condominium is meticulously maintained and managed to hotel-standard quality.
This spacious 1-bedroom residence features a well-proportioned layout, offering generous space and exceptional comfort throughout the kitchen, living area, and master bedroom.
The residence includes a well-appointed bathroom fully equipped with a bathtub.
Facing directly south, this unit enjoys a wonderful natural breeze year-round. It captures an incredible skyline view, showcasing some of Bangkok’s most stunning architectural icons, such as the InterContinental Hotel and the spectacular Magnolias tower.
This property is structured under a leasehold tenure, separating the ownership of the land from the building. The prevailing land lease term is bound until the end of December 2033.
It's also worth noting that there is a strong possibility for the land lease to be renewed and extended further in the future.
Acquiring a leasehold property waives the mandatory requirement for foreign exchange transaction (FET) certificates, allowing the investor to execute the purchase directly using locally available Thai Baht.
Given the scarcity of land for future residential developments in this immediate vicinity, this property represents a rare asset. Considering its supreme location and exceptional management standards, it stands as an unrivaled condominium choice in the market.
For further information and an in-depth review of this property, please visit our blog.
バンコクで一番立地条件の良いコンド「President place」
- Listing page
- Leasehold
