- Size: 10980 Sqm
- Land: 5700Sqm
Description
This Bangkok mall with BTS direct access is available now as an attractive commercial property investment opportunity – sale with a long-term lease
This mall will be completed in 2024 by one of Thailand top 5 developers as a part of a large mix-use project.
Location of this Bangkok mall for sale
This commercial property is located in Khu Khot district in Pathum Thani province – one of the densest residential areas of the northern Bangkok Metropolitan Region or BMR. This commercial property has DIRECT ACCESS from Khu Khot BTS Station
- Residential zone & connecting area
- Near park & ride building, Transportation Node
- Near Don Mueang International Airport
- Good exposure from land frontage
- Easily access to northern CBD [ Ari – Phaholyothin ]
- A single trip to the city center / CBD
- New development & living Node
Transit-Oriented Development (TOD)
- Transit Station – part of a transportation network. Allow residents to access the region’s neighborhood, destinations, and centers, thereby promoting transit use.
- Open spaces – to include transit plazas, small parks, or regional open spaces.
- High-quality walking environments and streetscapes – allow people to take care of some of their daily needs by walking or biking
- Mix-use development – includes a moderate-to-high-density mix of residential, commercial, employment, and civic/cultural development
- Residential buildings – include residential buildings that can vary from small-lot single-family units to multifamily units
- Employment development- offers mixed-use and employment developments that can vary from residential over commercial to office/commercial building
Traffic target
- The middle-income, young generation, who live in Khu Khot Municipality and Lad Sawai Municipality
- Nue Khu Khot Station residents
- BTS commuters who take less than 15 min to ride on the Sukhumvit line to Khu Khot Station
Primary Traffic targets
- Condominium residents: Total units in Nue Khu Khot station for all four phases are 4,684 units (approximately 7,000 people)
- Local population: Total population in the trade area = 192,735 people
- BTS commuters: Number of BTS Passengers at Khu Khot station (17,071 rides/day)
- Other potential traffic: Other BTS Commuters who take less than 15 mins to Khu Khot Station from BTS Saphan to Khu Khot Station (35,696 rides/day)
- Total Potential customers in the trade area = 252,502 people
Commercial Property For Sale With Long-Term Lessee
Lotus’s (formerly Lotus Supercenter, Tesco Lotus Supercenter, and Tesco Lotus) is the largest retail chain in Thailand operated by Charoen Pokphand (CP) Group, with operations in Malaysia through the acquisition of Tesco operations in Malaysia since 2020. Tesco Lotus started from the Lotus Supercenter chain started in 1994 by the Charoen Pokphand (CP) Group with the first store opening in Seacon Square. In 1998, British supermarket chain Tesco took a stake to create “Tesco Lotus”. CP Group sold most of its shares in Tesco Lotus in 2003.
Lotus’s stores currently operate in five formats: Extra, Hypermarket, Department Store, Talad, and Express (a total of 2,030 stores across Thailand). Extra, Hypermarket, and Department store formats sell fresh food, prepared foods, and grocery offerings as well as non-food offerings including electrical appliances, apparel, toys, stationery, and household goods. Talad (‘market’) is a “supermarket format” selling mainly groceries. Express is a convenience “mini-supermarket” format. Many of the products on the shelf are Tesco house brand products.
Investment Opportunity
- Property: Land (plot area 5,700 sq.m.) and 2 buildings (4-storey & 2-storey) with total building area 10,980 sq.m. Connected with BTS station on the 4th floor
- Ownership: Freehold (with a long-term lease contract)
- Selling value: THB 477.18 M
- Rental: THB 23.06 MB./year (with a growth rate of 5% every 3 yrs.)
- Net Yield (initial): 5.0% (after all expenses and taxes)
Lease factsheet
- Lessee: Ek-Chai Distribution System Co., Ltd. (also known as Lotus)
- Lease term: 15 years (from December 2023 – November 2038)
- Rental rate: THB 23.06 M/year (with a growth rate of 5% every 3 yrs.).
- Grace period 3 months (from delivery date, tentatively: September 2023
- Advance payment (at the beginning of each year)
- Break clause: 5 years, contract termination before December 2028, an owner will receive the entire amount of the deposit.
- Deposit: 1-year rental (THB 23.06 MB.) from the lessee (Owner receives on contract date)
- Operation and management: By Lessee
- All expenses (Property tax & etc.): by Lessee
Features
Basic Information
Special Features
Floor Plan
Sale Price
Property Sales Consultant
Frequently Asked Questions
Why CondoDee properties make sense in Bangkok?
At CondoDee, we don’t just sell condos — we help you make informed real estate decisions. Whether you’re buying to live or invest, our approach focuses on real value, legal transparency, and personalized consultation. We specialize in central Bangkok properties, offering listings in key areas like Asoke, Phrom Phong, Thonglor, and Sathorn. Each listing comes with full details, including foreign quota eligibility, ROI potential, and renovation needs (if any). We support both Thai and foreign buyers with due diligence, transfer processes, and mortgage options. Our website provides easy access to high-performing properties, including: 📧 [email protected] | 📞 +66 2 038 5897 | 📱 WhatsApp: +66 62 189 9659 | 🟩 LINE: @realtyWhat documents are required to buy a condo in Thailand?
Whether you are a Thai national or a foreign buyer, buying a condo in Thailand requires a specific set of documents to comply with the law and complete the transfer of ownership at the Land Department.📋 For Foreign Buyers:
- Passport copy (all relevant pages)
- Foreign Exchange Transaction Form (FET) from the bank (for transferring over USD 50,000)
- Sales and Purchase Agreement (signed by both parties)
- Reservation or booking agreement (if applicable)
- Proof of address (may be required by some banks or developers)
- Power of Attorney (if someone else is handling the transfer on your behalf)
📄 For Thai Buyers:
- Thai National ID card
- House registration book (Tabien Baan)
- Sales and Purchase Agreement
- Marriage certificate (if applicable, for marital property rights)
🏦 For Both Thai and Foreign Buyers:
- Copy of Title Deed (Chanote)
- Copy of the seller’s ID and Title Deed
- Tax documents for transfer
- Copies of any loan/mortgage agreements (if financing is involved)
Yes, foreigners can get a mortgage in Thailand, although the process is more limited than for Thai nationals. A few Thai and international banks offer financing to non-residents, often with specific conditions such as higher down payments and shorter loan terms.
📌 Notably, residents of Singapore and Hong Kong can apply for mortgages with UOB Bank to purchase property in Thailand, including condos under the foreign freehold quota.
That said, financing is considered case-by-case and depends on your income, nationality, and property type. CondoDee provides personalized support and can connect you with the right financing solution for your situation.
📞 For tailored mortgage advice, contact us at
📧 [email protected] | 📱 WhatsApp: +66 62 189 9659 | LINE: @realty
- Choose a location with high rental demand, near BTS/MRT, universities, hospitals, or offices.
- Ensure your unit is well-furnished, clean, and has working appliances.
- Consider short-term (monthly) or long-term (yearly) rental contracts, depending on your goals.
- Work with a local real estate agency like CondoDee to market your unit, screen tenants, and handle rental paperwork.
- The foreign buyer must remit funds in foreign currency into Thailand and document the transaction properly.
- The unit must be within the available foreign quota of the building at the time of purchase.