Life Sathorn Sierra

The concept behind Life Sathorn Sierra is a huge residents’ facility area extending 5-Rai (8,088 square metres) on the project’s podium floor, including a green parkland area of more than 4-Rai (7,200 square metres), creating a unique feature among condominiums in this part of Bangkok. In addition to other extensive facilities, Life Sathorn Sierra also has the rare benefit of a full-length 100 metre swimming pool running through the parkland area as well as a hiking trail. These features will ensure that Life Sathorn Sierra will appeal to both local and foreign buyers and tenants alike when it is completed in September 2022.

Located on the Thonburi side of the Chaopraya River, Life Sathorn Sierra is in a quieter district of Bangkok, but nevertheless with easy access to both popular shopping as well as commercial areas of the City. Talat Phlu BTS skytrain station is 150 metres away by skywalk and further mass-transit infrastructure is due to open in the nearby area in 2020.

Life Sathorn Sierra comprises 1,971 FREEHOLD condominium units in a single 40-Storey tower. There will be parking for 765 cars making a ratio of car parking spaces to residential units of 38%. EV chargers will also be provided. Car parking spaces are not for sale separately and will be available to residents on a first-come first-served basis.

Life Sathorn Sierra is currently under construction on a land plot of just over 8 Rai, or more than 13,000 square metres, and most units will enjoy unrestricted views in all directions, including towards the CBD district, the Chaopraya River and beyond.

The Thai developer behind Life Sathorn Sierra is AP in joint venture with Mitsubishi Estate from Japan. AP (Thailand) Public Company Limited is a residential property developer of condominiums, townhouses and single detached houses in Thailand, often in joint ventures with Mitsubishi Estate. It also provides after-sales, property brokerage, and construction and education services. Established in 1991 as Asian Property Co Ltd. the company became AP (Thailand) Public Company Limited in 2013. In 2017, AP received the SET “Outstanding Investor Relations” award.

For further details including a brochure, floor plans and latest availability at Life Sathorn Sierra please contact us at info@landscopethailand.com or call +66 (0)64 962 2636.

 

Project Specifications

Facilities at Life Sathorn Sierra will include a welcome foyer, a waiting lounge, an outdoor terrace a playground, a half football court and a half basketball court, and a jogging track on the ground floor.

Most residents’ facilities will be located on the 5th (podium) floor and will include an extensive garden, a 100 metre swimming pool with childrens’ pool and scenic pool, male and female sauna and steam rooms, a co-working area, a private meeting room, a multi-function room, a residents’ lounge and a professional gymnasium. There will also be a special fitness facility with group virtual bike training, and personal training available.

On the 40th floor there will be ‘Sky Facilities’ including another co-working space and residents’ lounge area, an outdoor sky garden, a courtyard area and a panoramic sunken lounge with magnificent city views.

Also provided for the convenience of residents will be WiFi throughout the common areas, a keycard access system, CCTV and a 24-hour security guard service.

There are 4 unit-types available at Life Sathorn Sierra with floor areas ranging from 30 square metres to 60 square metres in size with configurations as follows:

Studio – 28 M2

1-Bedroom, 1-Bathroom – 32 M2 and 34 M2

1-Bedroom, 1-Bathroom PLUS – 35 M2 and 39 M2

2-Bedrooms, 2-Bathrooms – 57.50 M2

All units are delivered fully fitted with kitchens, including a hob and an extractor, fully fitted bathrooms with tiled floors and walls, laminated flooring and air-conditioners.

Prices & Promotions

Prices at Life Sathorn Sierra start at just THB2,490,000 (US$80,876 HK$632,080, SG$109,489, CNY555,937, Euro71,049) for a 28 M2 studio unit on a low floor. Average prices at the development will range from THB99,000 to THB110,000 per square metre making Life Sathorn Sierra exceptional value, and the cheapest new condominium launch within 10 stations of BTS Siam.

Please contact us at info@landscopethailand.com or call +66 (0)64 962 2636 for details now!

Payment terms for Life Sathorn Sierra are simple and straightforward. A booking fee of THB50,000 (or the equivalent in foreign currency) is required as soon as possible to reserve your unit.

Thereafter a further 5% deposit is required to be paid to AP within 7 days after which time a Sales & Purchase Agreement (SPA) will be prepared. Draft copies of the SPA are available upon request. A second deposit payment of 10% is required within 45 days of booking. No further payment is required until completion in late 2022 at which time the remaining 85% payment will be due.

Purchasers are free to re-sell their units at any time and mortgages are available for qualified foreign buyers from UOB, ICBC and BOC.

The Common Area Management charge for Life Sathorn Sierra will be THB38/M2/Month and the one-off Sinking Fund payment will be THB400/M2. This means the average monthly management fee for a 1-Bedroom 32 M2 unit-type will be THB1,216 (US$39.48, HK$308, SG$53.4, CNY271, Euro34.68).

For further details of mortgages and information on Life Sathorn Sierra including a brochure, floor plans and latest availability please contact us at info@landscopethailand.com or call +66 (0)64 962 2636.

Factsheet

Facts 

24 June 2019

Information

Project: Life Sathorn Sierra

Developer: AP Thai and Mitsubishi Estate

Plot Size: 8-1-5.7 Rai

Address: Ratchadapisek Road, Bangkok

Number of Buildings: 1

Number of Floors: 40

Number of Units: 1,971

Completion Date: 2022

Unit Type

Number of Units: 1,971

Studio, 28 M2

1-Bedroom, 32/34 M2

1-Bedroom Plus, 35/39 M2

2-Bedrooms, 57.5 M2

Faciilites

Parking: 38.8% (765 lots)

Ground Floor

  • Welcome Foyer
  • Waiting Lounge
  • Outdoor Terrace
  • Playground
  • Half Football Court
  • Half Basketball Court
  • Jogging Track

5th Floor

  • Garden
  • Swimming Pool
  • Scenic Pool
  • Kid's Pool
  • Sauna
  • Stream
  • Co-Working Space
  • Private Meeting Room
  • Multi Leisure Room
  • Co-Living Space
  • Social Lounge
  • Gym
  • Private Gym
    • Group Virture Bike
    • Group Training
    • Personal Virture
    • Personal Training

40th Floor

  • Sky Facilities
    • Co-Working Space
    • Co-Living Space
    • Outdoor Garden
    • Courtyard
  • Panaromic Sunken Lounge

Price/Payment

Starting Price: 2.49MB

Starting Size: 28 sq.m.

Booking Fee: 50,000 Baht

First Deposit 5%: Within 7 days

Second Deposit 10%:  Within 45 days of booking

Last 10% : Transfer of ownership

 

Location

Life Sathorn Sierra is located on a large corner plot overlooking Ratchapruek Road and BRT (Bus Rapid Transit) Ratchapruek Station 100 metres away. The BRT links with the BTS skytrain system at Talat Phlu Station located 150 metres from Life Sathorn Sierra by skywalk.

The BRT system runs from Talat Phlu Station along Rama 3 Road and eventually terminates at Chongnonsi Station in the heart of Bangkok’s CBD.

The BTS skytrain also runs from Talat Phlu Station to Chongnonsi, 7 stations away in a journey taking less than 20 minutes. Close proximity to Bangkok’s CBD and major HQ office buildings will make Life Sathorn Sierra an attractive investment proposition for buy-to-let landlords.

Three stations further on from Chongnonsi is Siam BTS Interchange Station where you will find multiple shopping amenities including Siam Paragon and Siam Discovery. Four stations from Talat Phlu BTS Station is Krungthonburi Interchange Station with the new Gold Line (opening in 2020) linking to Icon Siam, Bangkok’s newest riverside shopping destination.

Within easy distance of Life Sathorn Sierra are other well-known shopping destinations as well including The Mall Thapra (450 metres), Sena Fest (4.8 kms), Asiatique The Riverfront (6 kms) and The Circle Ratchapruek (11 kms).

Also in the neighbourhood are several hospitals including Samitivej Thonburi Hospital, Phayathai 3 Hospital and Taksin Hospital, and well-known schools including Shrewsbury International School, St Joseph’s Convent, Assumption College Thonburi, Bangkok Christian International School, Thammasat University and Siam University.

Bangkok’s expressway system is easily accessible from Life Sathorn Sierra with routes to Rangsit in the North, and Nakhon Nayok to the West as well as to Bangna, Chonburi and Pattaya to the East.

For further details including a brochure, floor plans and latest availability at Life Sathorn Sierra please contact us at info@landscopethailand.com or call +66 (0)64 962 2636.

Nearby amenities

BTS Talat Phlu
The Mall Thaphra
Kong Lee Chong Son School
Suksanari School
ThonBuri Plaza Building
The Virawat Building
Thai Sri Tower
Transportation

BTS Talat Phlu

 

Education

Kong Lee Chong Son School

Suksanari School

Health&Wellness

Phayathai 3

Samitivej Thonburi

Lifestyle

The Mall Thaphra

Talat Phlu Market

UPCOMING infrastructure

There is interesting upside for investors in Life Sathorn Sierra as the mass transit system expands in the area. For example, two stops from Talat Phlu is Bangwa which will soon (2020) be the interchange with the MRT Blue Line linking-up to Thapra Interchange in 2 stops and China Town in 7 stops.

The Gold Line connecting Krungthonburi BTS Station (4 stops from Talat Phlu Station) will also link to the MRT Blue Line when it opens in 2020.The Gold Line will also connect to the Purple MRT Line at Prajadhipok MRT Station.

The current highlight in the area nearby Life Sathorn Sierra is undoubtably the opening of Icon Siam, the largest private mixed-use development in Bangkok and spread over 50 Rai (20 acres) on the banks of the Chaopraya River 5.8 kms away.

Icon Siam opened in November 2018 and includes two large shopping areas with a total of 525,000 M2 of retail space and two magnificent residential developments; Magnolias Waterfront and the Mandarin Oriental Residences, 70-floors and 40-floors high respectively.

There is also a riverside event plaza and park and the one-of-a-kind attractions at the ‘Seven Wonders of Icon Siam’.

highlights

Location: Three minutes walk from Talat Phlu BTS Station in an up-and-coming area of Bangkok, strategically positioned with easy access to the City’s CBD and Icon Siam.

Price: very competitively priced from THB2,490,000 with mortgage loan facilities for qualified foreign buyers.

Investment: Higher than average capital growth expected as new infrastructure opens. Unique and extensive residents’ facilities will ensure attractiveness to tenants.

Payment terms: Only 15% down-payment with more than two years construction period for capital growth to kick-in before completion in late 2022.

The Developer: Stock Exchange listed AP is a respected residential developer in Thailand with a strong track record, in joint venture with Mitsubishi Estate from Japan.

For further details including a brochure, floor plans and latest availability at Life Sathorn Sierra please contact us at info@landscopethailand.com, call +66 (0)64 962 2636, or complete our enquiry form.

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