Yahoo Finance The Monument Thong Lo: A legacy of luxury in Bangkok
Enjoy the expansive views of the Bangkok skyline from your penthouse at The Monument Thong Lo with sizes up to 6,458 sq ft, 5m high ceilings and a private pool
Thong Lo or Sukhumvit Soi 55 in Bangkok’s Watthana district has long been a coveted address in the city due to its association with class and nobility.
Translated literally as “molten gold”, Thong Lo is the choice address for the rich – both millennials and multi-generational families. It is equivalent to the Dempsey Hill, Holland Road and Orchard Road enclaves in prime Districts 9 and 10, with their hip restaurants, cafes, lifestyle offerings as well as upmarket malls and residences.
Now, Thailand-listed property developer Sansiri and mass transit provider BTS Group Holdings have joined hands to offer buyers in Singapore an opportunity at The Monument Thong Lo, which is ideal as a long-term investment or a second home.
Unique design
Located in the heart of Thong Lo, The Monument Thong Lo was designed by dynamic Bangkok-based architectural firm Quintrix Architects. The 45-storey residential tower houses just 127 apartments, with a mix of two- and three-bedroom units as well as three penthouses. Apartment sizes are generous, with two-bedroom units of 1,337 sq ft; three-bedroom units of 2,715 sq ft; and penthouses from 5,476 to 7,126 sq ft.
With only two to four units per level, each apartment is served by a private lift. Given the orientation of the units, every apartment will enjoy a panoramic 180-degree city view. Besides the generous interior spaces, each apartment will have an en suite outdoor deck with ceiling and flooring of solid wood. It is an ideal extension of the living and dining area, and comes in useful when entertaining at home. It is also the perfect outdoor lounge for enjoying the view of the Bangkok skyline – by day or night.
The developer has also paid attention to the finishing. To maximise enjoyment of the view, yet screen off the glare of the sun and the buzz of the city below, full-height, triple-glazed low-e glass sliding doors and windows are installed for every unit. Flooring in the lobby, living and dining areas will be of exclusive White Venus marble imported from Greece; while bedrooms will have flooring of solid timber.
Facilities and services
Facilities include a 28m, uniquely designed swimming pool, landscaped parkland, a fitness gym, yoga room, children’s play area, multi-purpose area and a chauffeurs’ lounge. There will also be a dog park, which makes The Monument Thong Lo the first luxury project in Thailand to offer such an amenity for pets.
At The Monument Thong Lo, residents will be able to enjoy the services of butlers, a romanceologist to concoct the ideal scent for the home, personal gym trainers, valet parking and limousine services as well as other perks. A mixologist will be on hand during happy hour to serve up drinks created by leading bars in Thailand such as Rabbit Hole, Locker Room and 008 Bar. A special concoction named “The Monument” has also been created as a tribute to the development.
Future residents of The Monument Thong Lo will be spoilt for choice by the area’s lifestyle and F&B options. At its doorstep is 70 Courtyard which features a collection of bars and restaurants, as well as Beam, a popular techno club. Nearby, The Commons offers a range of gastronomic delights. Residents can also enjoy the high life at Octave Rooftop Bar and Lounge, which offers a 360-degree view of Bangkok.
Reputable developer
Over the past 35 years, Sansiri has earned a reputation as a Thai developer of quality, high-end projects in the prime districts of Bangkok. Sansiri has become a major developer not just in Thong Lo but also in the neighbouring Ekamai area. Besides The Monument Thong Lo, two other standout developments by Sansiri in the area are Khun by Yoo, a collaboration with Yoo Design Studios; as well as Taka Haus, a collaboration between Japan’s Tokyu Corp and Sansiri in the prime location of Ekamai 12.
On the heels of its success in Bangkok, Sansiri has also ventured into the UK, and has developed two hotels as well as a residential project in the prime Kensington neighbourhood of London.
Beyond property development, Sansiri also provides its residents and homebuyers with add-on benefits such as concierge and butler services. Sansiri also has a property management arm that helps overseas investors rent out their units.
Investing in a landmark project
The Monument Thong Lo is scheduled for completion by 2Q2019, which means residents will be able to receive their keys in the coming months.
With its prestigious location and proximity to lifestyle options as well as amenities like public transport, properties in Thong Lo have recorded the highest price increases in Bangkok over the past five years. According to Nexus Property Survey, total returns on real estate investment – both in terms of sales and rental income – have hovered around 66% annually.
The Monument Thong Lo will be showcased at Sansiri’s newly opened sales gallery, Siri House at Dempsey in Singapore. There, visitors will be able to enjoy a taste of the luxurious lifestyle offered at The Monument Thong Lo in Bangkok and meet a Sansiri sales representative.
Those who are interested can make an appointment with the developer's sales representative at Siri House to visit the actual site and show units in Bangkok. They can rest assured that they will be well taken care of by the Sansiri team during the property tour in Bangkok.
Apartment prices start from THB34.52 million (S$1.5 million*) for a two-bedroom unit.
ONE GLOBAL PROPERTY SERVICES
ADRIAN LIM: +65 9690 0666
SINGAPORE@SANSIRI.COM
*SGD 1 = THB 23 Disclaimer: Exchange rate used is purely indicative. Actual exchange rate may differ on date of booking.
This article appeared in The Edge Property pullout of Issue 874 (March 25, 2019) of The Edge Singapore.
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