Penthouse with a park and river view for sale – duplex – near MRT – SALE with TENANT – Monterey Place

A penthouse with a park and river view is available for sale now

• this apartment is penthouse-duplex – located on the top floor and featuring 2 levels
• this penthouse features an amazing unblocked river and park view
• sale with a rental tenant paying 55,000 Bath per month
• 3-bedroom
• 3-bathroom
• 2 balconies
• facing South: a nice unblocked river-view
• area: 130 sqm
• partly furnished
• separated and equipped kitchen
• full set of electrical appliances
• foreign freehold ownership quota

Monterey Place Bangkok condominium near MRT Queen Sirikit

Monterey Place Bangkok condominium was completed in 1995.

This Bangkok condominium comprises a single building, having 196 units on 25 floors.

Developer: Capital G Development.

This project is located near MRT Queen Sirikit station. Most apartments feature a nice park view. Tenants of this apartment are mostly Thais and Western tenants, that prefer a quieter location in Bangkok’s Central Business District. Several new developments near Monterey Place indicate the growing potential of the place. People living in Monterey place mostly work in nearby office buildings in Asoke and Sukhumvit area.

Unit types

• 1- to 3-bedroom
• area: 54 to 170 sqm

Facilities at Monterey Place Bangkok condominium near MRT

Facilities of Monterey Place condominium include:

• lobby
• elevator
• parking
• 24-hour security and 24/7 security guards and reception desk
• key card with access to specific floor
• CCTV
• swimming pool
• gym room
• garden
• playground/kids’ area
• sauna

Location of this cheap Bangkok penthouse with a park and river view

This Bangkok apartment building is conveniently located at Sukhumvit 16 road

• MRT Queen Sirikit National Convention Centre – 300 M
• Benjakiti Park – 500 m
• the nearest tollway entrance – 1.5 km

Well-Know International Schools & University around Monterey Place condo in Bangkok

• Sacred Heart Convent School – 1.1 km
• Sainampeung Under the Royal Patronage of Princess Petcharat Rajsuda Sirisopaphannawadee School – 1.1 km
• Sai Namthip School – 1.1 km
• Aksara International School – 1.3 km
• Singfa School – 1.5 km
• Srinakharinwirot University – 1.7 km
• Chulalongkorn University – 3 MRT stations

Shopping and lifestyle destinations nearby this cheap Bangkok penthouse with a park and river view in Bangkok

• FYI Center – a modern mix-use project with offices and retail shops
• 24th Avenue (Bangkok) – 600 m
• The PARQ – the newest mix-use project with offices and retail shops
• Tops Market (Sukhumvit 24) – 700 m
• Foodland Sukhumvit 16 – 1 km
• Big C Extra – 1 km
• K Village – 1 km
• Gourmet Market – 1 km
• The Factory Outlet Center – 1 km
• Tesco Lots Extra – 1.3 km
• Terminal 21 Shopping Mall – 1 MRT Station
• Robinson Department Store – 1 MRT Station
• EMQuartier luxury shopping mall – 2 stations
• Emporium Shopping Mall – 2 stations

International Hospitals around this Monterey Place Bangkok condominium

• MedPark Hospital – 1 km
• Thailand Tobacco Monopoly Hospital – 1.5 km
• Tha Ruea Hospital – 1.6 km
• Bumrungrad International Hospital – 2.5 km

Restaurants and entertainment spots around this cheap Bangkok penthouse with a park and river view

• Western/seafood restaurant – 30 m
• Thai food restaurants – 300 m
• Japanese food restaurants  – 600 m
• Pizza and Western food – 600 m
• Soi Cowboy entertainment area – 1 MRT station
• Nana Plaza entertainment zone – 2 station

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Older condominiums in Bangkok Center (25+ y.o.) by RE/MAX  CondoDee

* based on publicly available data and subject to daily change

Project Name	Year of Built	# Units	Floors	Median Listing Price	Median Listing PSM	Median Listing Rental price	ROI (rental yield)
15 Suite	1996	75	8	฿9,900,000	฿59,277	฿17,200	2.08%
33 Tower	1996	28	70	฿14,996,933	฿76,827	฿51,120	4.09%
39 Suites	1996	60	9	฿8,138,017	฿85,291	฿34,218	5.05%
Acadamia Grand Tower	1993	98	21	฿15,395,839	฿100,695	฿47,265	3.68%
Aree Place Sukhumvit 26	1996	101	8	฿6,018,603	฿78,441	฿32,176	6.42%
Asoke Place	1996	250	40	฿7,942,117	฿98,680	฿29,302	4.43%
Asoke Tower	1986	99	28	฿16,258,575	฿72,120	฿45,722	3.37%
Baan Ploenchit	1994	129	16	฿8,462,114	฿108,244	฿39,137	5.55%
Baan Prida Sukhumvit 8	1986	19	14	฿16,600,000	฿95,402	฿60,748	4.39%
Baan Prompong	1992	98	22	฿14,773,041	฿84,387	฿45,896	3.73%
Baan Suanpetch	1993	130	33	฿19,514,038	฿137,513	฿65,865	4.05%
Beverly Tower	1992	60	16	฿5,800,000	฿75,443	฿31,170	6.45%
Chicha Castle Moo Baan	1988	31	4	฿19,900,000	฿40,590	฿65,360	3.94%
City Lakes Tower Sukhumvit 16	1992	54	28	฿30,514,635	฿95,688	฿76,753	3.02%
Crystal Garden	1992	112	26	฿22,935,124	฿90,360	฿51,134	2.68%
D.S. Tower 1 Sukhumvit 33	1990	84	38	฿23,422,197	฿90,722	฿67,074	3.44%
D.S. Tower 2 Sukhumvit 39	1996	194	30	฿9,123,124	฿67,919	฿45,098	5.93%
Empire House Ekamai 12	1994	58	28	฿14,775,505	฿69,472	฿52,182	4.24%
Fairview Tower	1993	54	25	฿22,842,882	฿87,187	฿55,000	2.89%
Fifty-Fifth Tower	1996	103	35	฿18,738,420	฿102,101	฿60,356	3.87%
Grand Ville House 1	1982	72	13	฿21,364,225	฿116,808	฿65,424	3.67%
Grand Ville House 2	1985	80	23	฿21,458,858	฿79,592	฿61,712	3.45%
ICON I	1993	28	17	฿23,900,000	฿154,194	฿70,000	3.51%
ICON II	1993	24	8	฿25,000,000	฿100,000	฿51,000	2.45%
Kiarti Thanee City Mansion	1996	118	22	฿20,184,795	฿94,483	฿56,752	3.37%
La Maison Sukhumvit 22	1994	35	13	฿22,052,778	฿46,146	฿56,000	3.05%
Lake Avenue Sukhumvit 16	1985	160	26	฿10,030,121	฿105,645	฿45,157	5.40%
Las Colinas	1995	198	44	฿20,583,947	฿140,899	฿61,162	3.57%
Le Premier 1	1992	68	21	฿17,268,007	฿85,292	฿57,026	3.96%
Liberty Park 1	1993	79	34	฿19,891,052	฿84,064	฿77,360	4.67%
Mahogany Tower	1994	58	36	฿42,645,908	฿141,326	฿76,574	2.15%
Monterey Place	1995	196	25	฿12,213,975	฿91,101	฿33,410	3.28%
Prasanmit Condominium	1985	51	8	฿9,000,000	฿126,761	฿36,157	4.82%
Premier Condominium	1981	80	12	฿14,797,458	฿76,002	฿51,716	4.19%
President Park Sukhumvit 24	1996	228	43	฿17,859,431	฿77,004	฿68,417	4.60%
Prestige Towers	1994	112	26	฿13,517,573	฿70,689	฿47,500	4.22%
Regent on the Park 1	1992	81	34	฿22,890,999	฿88,142	฿59,000	3.09%
Regent on the Park 3	1995	29	73	฿20,197,118	฿81,120	฿59,204	3.52%
Richmond Palace	1994	157	23	฿16,195,457	฿103,782	฿51,203	3.79%
Royal Castle Sukhumvit 39	1993	146	24	฿15,514,335	฿102,670	฿56,066	4.34%
Ruamjai Heights	1992	80	21	฿12,102,615	฿79,923	฿63,358	6.28%
Saranjai Mansion	1992	480	23	฿5,168,452	฿79,100	฿21,412	4.97%
Siam Penthouse 1	1982	48	10	฿16,712,963	฿91,313	฿45,990	3.30%
Sukhumvit Casa	1991	60	20	฿23,234,303	฿95,242	฿59,191	3.06%
Sukhumvit House	1986	42	12	฿9,900,000	฿90,826	฿45,854	5.56%
Sukhumvit Park	1995	135	30	฿19,140,564	฿73,856	฿30,738	1.93%
Sukhumvit Suites	1994	558	44	฿4,574,754	฿73,285	฿19,752	5.18%
Supalai Place Sukhumvit 39	1992	500	23	฿9,993,924	฿74,931	฿41,929	5.03%
T.P.J. Condo	1988	17	10	฿14,500,000	฿51,786	฿55,000	4.55%
Tai Ping Towers	1981	300	33	฿8,774,611	฿65,108	฿38,326	5.24%
The Concord	1993	39	15	฿21,319,766	฿113,005	฿52,333	2.95%
The Heritage	1983	33	14	฿11,988,759	฿106,334	฿51,421	5.15%
The Natural Place Sukhumvit 31	1995	40	4	฿32,750,000	฿58,432	฿114,000	4.18%
The Prime Suites Sukhumvit 18	1995	92	8	฿6,537,071	฿84,056	฿25,594	4.70%
The Waterford Park Sukhumvit 53	1993	281	29	฿11,440,305	฿82,367	฿30,442	3.19%
Thonglor Tower	1995	700	18	฿7,830,662	฿82,767	฿22,773	3.49%
Tower Park	1993	128	35	฿36,199,334	฿128,734	฿87,121	2.89%
Watthana Heights	1994	60	39	฿24,000,000	฿71,602	฿91,585	4.58%
Windsor Tower	1996	50	32	฿38,310,000	฿95,727	฿68,192	2.14%
Yada Residential	1986	97	9	฿6,992,565	฿64,036	฿27,222	4.67%
Average (all projects by REMAX CondoDee)	2007.4	148.0	26.0	฿10,374,878	฿159,391	฿34,162	3.95%
# projects by REMAX CondoDee	259	Total # apartments			68,637
Total # floors	6,701	Median age (years)			12.6

Bangkok Condo Market analysis

* based on publicly available data and subject to daily change

The average sale price at Monterey Place is 35-40% below the current average sale price in the Khlong Toei district and 20-25% below the average price in Bangkok

Rental prices at Monterey Place are 30-35% below average in Khlong Toei and 18-20% below average in Bangkok.