The Palm Pattanakarn

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Suan Luang, Suan Luang, Bangkok

For Sale 1 Unit ฿16,800,000
Construction
Apr 2016 Completed
Units
179 Units
Project Area
98,800 SqM Project Area

The Palm Pattanakarn in Suan Luang, Bangkok

The Palm Pattanakarn is a house and villa project located in Suan Luang, Bangkok and was completed in Apr 2016. It has 179 units and was developed by Pruksa Real Estate, who is also behind The Tree Sukhumvit - Rama 4, The Reserve Sathorn and The Tree Charan-Bang Phlat.

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Facilities

Leisure
Leisure
Communal Pool Communal Pool
Clubhouse Clubhouse
Communal Garden Area Communal Garden Area
Fitness
Fitness
Communal Gym Communal Gym
Convenience
Convenience
Car Parking Car Parking
Safety
Safety
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Management

Common Area Management Fee
Common Area Management Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿50/SqM

About the Developer - Pruksa Real Estate

All Pruksa Real Estate Projects
102 Projects 48,168 Units

Pruksa Real Estate Plc. was founded by Mr.Thongma Vijitpongpun on April 20, 1993 with the initial registered capital of Baht 50 million. It concentrates on developing projects for townhouses, single-detached houses and condominiums. Mr. Thongma Vijitpongpun, the founder, had brought his experience and expertise in construction from government and private projects into the business of the Company.
Such factor together with the professional management team, outsourcing consultants for continuous development of entire corporate operation process, the appropriate business strategy resulted in The Company’s positive bottom lines every year in a row of operation even during flooding and economic downturn. This has earned the Company and Mr. Thongma several awards in different areas, especially in the year 2013, which is considered the Company’s honorable year, due to several awards received, for instance, Best CEO Award 2013, and Best Company Performance Award 2013 from the Stock Exchange of Thailand. The Company also received another 3 outstanding awards in Social Responsibility aspect in the very same year.

Pruksa aims to be the number one real estate brand in customers’ minds with the goal of becoming a top ten residential brand in Asia by creating high-value homes for families to experience warmth, happiness and a better life every day.

We are dedicated to fulfilling our customer’s dreams of owning a home that truly values to enjoy their family life.

 

Frequently asked questions

Frequently asked questions about The Palm Pattanakarn
All kind of pets are allowed at The Palm Pattanakarn including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee at The Palm Pattanakarn is ฿10 per square meter based on the size of the indoor area of the property. This fee has to be paid every month by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Palm Pattanakarn the required payment for the sinking fund is ฿87 per square meter based on the size of the indoor area of the property.
Hua Mak ARL is the nearest ARL from The Palm Pattanakarn and it is 2.6 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years and most developers will offer 3 terms for a total of 90 years.

 

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After you have found the right property at The Palm Pattanakarn you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 

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A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

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Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

 

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Bangkok

Suan Luang

Neighborhood Overview of Suan Luang, Bangkok

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

The Palm Pattanakarn is conveniently located just 660 m from Mini Big C, which can be reached within 8 mins. by foot.

There are many other shops situated in the area of The Palm Pattanakarn, the 3 closest being:
- Salute shop is 2.8 km away (an approx. drive of 2 mins.)
- 7-Eleven is 2.6 km away (an approx. drive of 8 mins.)
- 7-Eleven is 2.6 km away (an approx. drive of 7 mins.)

The surrounding area, where The Palm Pattanakarn is situated, offers a wide variety of restaurants. See the closest of them below:
- Hian Khao Pun is 110 m away (a walk of about 1 min.)
- Baan Pla Cafe is 150 m away (a walk of about 2 mins.)
- Better Steak Pattanakarn38 is 180 m away (a walk of about 2 mins.)

Bangkok Urology is the nearest health facility, which is 950 m away (you can walk there in 12 mins.) from the project, while the closest schools in the proximity of The Palm Pattanakarn are:
- Kido Onnut Child Development Institute is 180 m away (about 2 mins. by foot)
- Pruksa Community is 360 m away (about 5 mins. by foot)
- D199Speak is 460 m away (about 6 mins. by foot)

Suvarnabhumi Airport is located 22.1 km from The Palm Pattanakarn and it takes about 27 mins. by car or taxi (depending on the traffic) to get there.

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