The Menara Hill

5 (1 Review)
Si Sunthon, Thalang, Phuket
5% GUARANTEED RETURN FOR 3 YEARS
For Sale 4 Units
฿15,000,000
For Rent 1 Unit ฿120,000
Jan 2020 Completed
6 Units
19,200 SqM Project Area

Overview of The Menara Hill in Si Sunthon, Phuket

The Menara Hill is a house and villa project located in Si Sunthon, Phuket and was completed in Jan 2020. It has 6 units and was developed by The Menara Hill Company Limited

About The Menara Hill

The Menara Hill, a breathtaking pool villa in unique Moroccan style on a tranquil location of Choeng Thale. It is situated near local amenities and many attractions such as Villa Market, Boat Avenue Choeng Thale, Bluetree Water Park, Bang Tao Beach, and Layan Beach. The villa has 3 large bedrooms for a comfortable stay with a touch of Middle East culture and modern contemporary. The decoration is simple and bright. There is also a glass door to a balcony, a swimming pool, and a garden. The outdoor area has a spiral staircase connecting to an indoor rooftop terrace where the residents can enjoy a stunning view of nature and a swimming pool.

Project Information
The Menara Hill is located in Si Sunthon, Thalang, Phuket. The project features 6 units on approximately 7 rai, developed by The Menara Hill.

Room Types
- 3 bedrooms with en-suite bathrooms (324 sq.m)

Facilities
- 24-hour security system
- Parking

Direction to the Project
To get to the project by car, start from Bluetree Water Park and head south on Route 4025 for 220 meters. Turn left onto Route 4025 for 250 meters until you reach an intersection. Turn left and go straight for 2.2 kilometers. Turn left onto Route 4024 for 230 meters; The Menara Hill Project will be on your left.

Available Units at The Menara Hill

For Sale 4 For Rent 1
Get notified when new homes are being added to The Menara Hill
Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Facilities and Floor Plans

Facilities

Safety
24H Security

Management

Common Area Management Fee :
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿6,500
Sinking Fund :
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 Menara Hill the required payment for the sinking fund is ฿65,000 per square meter based on the size of the indoor area of the property.
฿65,000

Payment Plan

Off Plan (12 Month)
Installment Milestone Payment
Reservation Deposit
Immediately
1%
1st Installment
Within 30 days of reservation deposit payment
29%
2nd Installment
Upon Completion of Pilings & Foundation
15%
3rd Installment
Upon Completion of Main Structure
15%
4th Installment
Upon Completion of Roof, Walls & Partitions
15%
5th Installment
Upon Completion of Floors Tiles and Walls Tiles
10%
6th Installment
Delivery of the house ready for Occupancy
10%
7th Installment
Within 30 days after, the developer notifies the date of registration of transfer of ownership
5%
Finished House
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Upon contract signing
48%
2nd Installment
On handover
50%

Master Plan

Building Floor Plans

About the Developer - The Menara Hill Company Limited

All The Menara Hill Company Limited Projects
1 Project 6 Units

Frequently Asked Questions

Frequently asked questions about The Menara Hill
Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at The Menara Hill.
The common area maintenance fee for properties at The Menara Hill is a fixed amount of ฿6,500. This amount has to be paid 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 Menara Hill the required payment for the sinking fund is a fixed amount of ฿65,000.
The Menara Hill offers a guaranteed rental return of 5% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Bang Tao Beach is the nearest Beach from The Menara Hill and it is 4.4 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.

 

Read more here

After you have found the right property at The Menara Hill you have to follow these steps:

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

Off Plan (12 Month)
Installment Milestone Payment
Reservation Deposit
Immediately
1%
1st Installment
Within 30 days of reservation deposit payment
29%
2nd Installment
Upon Completion of Pilings & Foundation
15%
3rd Installment
Upon Completion of Main Structure
15%
4th Installment
Upon Completion of Roof, Walls & Partitions
15%
5th Installment
Upon Completion of Floors Tiles and Walls Tiles
10%
6th Installment
Delivery of the house ready for Occupancy
10%
7th Installment
Within 30 days after, the developer notifies the date of registration of transfer of ownership
5%
Finished House
Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Upon contract signing
48%
2nd Installment
On handover
50%

 

Read more here

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?

 

Read more here

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.

 

Read more here

Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Convenient, near Phuket International Airport
5 Harris Biddle, United Kingdom, 1 year ago
We chose to stay in this place because of the project’s design in a modern Moroccan style. Once we got there, we were impressed and loved it so much. The private pool has the correct size. Amazing! The bedroom and living room are clean and quite spacious. Good surrounding atmosphere by lots of trees, there is a security service and 2 parking lots. The staff is also friendly. The villa is located not far from Bangtao and Layan beaches, also easy to drive to Phuket International Airport within 25-30 minutes. I would recommend it for anyone who loves a private pool villa, convenient, comfortable, and affordable.
Phuket
Si Sunthon
Neighborhood Overview of Si Sunthon, Phuket

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

The Menara Hill is conveniently located just 920 m from Super Cheap Bang Chomonic Branch, which can be reached within 12 mins. by foot.

There are many other shops situated in the area of The Menara Hill, the 3 closest being:
- 7 Eleven is 2.2 km away (an approx. drive of 5 mins.)
- 7-Eleven is 2.2 km away (an approx. drive of 5 mins.)
- 7 Eleven is 4.2 km away (an approx. drive of 6 mins.)

The surrounding area, where The Menara Hill is situated, offers a wide variety of restaurants. See the closest of them below:
- Jae Mee Noodle Shop Beside the Seven Ponces market is 300 m away (a walk of about 4 mins.)
- Praise Kitchen Halal Breakfast is 330 m away (a walk of about 4 mins.)
- Nuch Hana Kitchen is 410 m away (a walk of about 5 mins.)

New Primary Care Hospital is the nearest health facility, which is 5.1 km away (you can drive there in 10 mins.) from the project, while the closest schools in the proximity of The Menara Hill are:
- The best friend in Thalang insurance. is 490 m away (about 6 mins. by foot)
- Tariq Pittayapat School is 1.5 km away (an approx. drive of 2 mins.)
- Tarikpittayaphat School is 1.5 km away (an approx. drive of 3 mins.)

Phuket International Airport is located 17.5 km from The Menara Hill and it takes about 23 mins. by car or taxi (depending on the traffic) to get there.

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