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Pruksa Real Estate Public Company Limited

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The Tree RIO in Bangkok

Name: Sales in The Tree RIO started!
Start: 2020-02-18T07:06:39.387986+00:00
End: 2023-12-31T23:59:59+0000
Location: The Tree RIO

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Project info

Object ID: 5087

Finished at	September 2018
Price, m²	From 3340$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 31.00 m²
Floors	40
Apartments	1412
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

103,540$

Net profit

5,883$

Payback period

12.8 years

Avg property value increase per year

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About the project

The Tree RIO is a condominium project, developed by Pruksa Real Estate, located at 289 Charan Sanitwong Rd, Khwaeng Bang Ao, Khet Bang Phlat, Krung Thep Maha Nakhon 10700. Pruksa Real Estate is also the developer behind Condolette Midst Rama 9, The Tree Sukhumvit 64 and Plum Condo Chokchai 4. Construction of The Tree RIO was completed in 2018. Condominium comprises of a single building, having 40 floors and includes 1412 units.

Facilities

Facilities at The Tree RIO include elevator, parking, 24-hours security, cctv, swimming pool, sauna, gym, garden / bbq, playground / kid's area, shop on premise, restaurant on premise, wi-fi. Common fee is ฿50 per sqm per month. Sinking fund is ฿500 per sqm.

Location

Numerous shops are situated within reach:

Meeting Mall is 520 m away (approximately 6 minutes by foot)

Hang Ngam Thip – 2.4 km (14 minutes by car)

Tops Supermarket (Si Yan) – 2.5 km (14 minutes by car)

Hi-Mall – 3 km (16 minutes by car)

Tops Supermarket (Supreme Complex) – 3 km (16 minutes by car)

Also a Family Mart convenience store, located just 3 minutes walk away, will satisfy residents's needs for everyday items shopping.

The closest schools in proximity to The Tree RIO include:

Bang O Sueksa School, located within 450 m away (approximately 5 minutes by foot)

Saeng Thong Kindergarten – 480 m (6 minutes by foot)

Wat Chat Kaeo Chongkonni School – 810 m (10 minutes by foot)

Rattanakun Kindergarten – 1.1 km (4 minutes by car)

Nakhon Driving Training Center – 1.1 km (11 minutes by car)

The location, where the condo is situated, offers a good choice of restaurants. Some of them are listed below:

Naratip Restaurant – 160 m (2 minutes by foot)

Chit Phochana – 320 m (4 minutes by foot)

Mam Kap Mo Restaurant – 520 m (6 minutes by foot)

Fuji Sang – 530 m (6 minutes by foot)

Charoen Sap Restaurant – 630 m (8 minutes by foot)

Yanhee Hospital is the nearest hospital, which is located 230 m from the condominium. It will take about 3 minutes by foot to go there.

Developer

Pruksa has a 61-year record with its New High Country card, with a turnover of 51,101 million baht, a record high in 25 years. Pruksa earns…
Details about Pruksa Real Estate Public Company Limited