Life Sukhumvit 62 condominium in Bangkok

A condominium with fantastic investment and rental potential in Bangkok at a price much lower than a comparable property in Singapore

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Bangkok life sukhumvit 62

Life Sukhumvit 62 is a new condominium that is being launched for sale in Bangkok.

Prices start from SGD 135,000 and this is much cheaper than any form of housing in Singapore.

There are only 24 units for sale so you need to have fast-fingers on this one. All of the units are expected to be snapped up on the launch day.

To skip the niceties, go straight to our contact form or get in touch on WhatsApp to find out more about Life Sukhumvit 62.

VVIP preview on 11 and 18 Mar (at CT Hub) and hotel launch on 25 Mar.

Quick navigation

  1. Promotional video (2 mins)
  2. Location
  3. Key details
  4. Floor plan
  5. Surrounding area
  6. Comparative pricing
  7. Financing and tax
  8. Photos and videos
  9. Developer background
  10. Contact us

If you want to know more about Life Sukhumvit 62 and how you can get started investing in Bangkok, read on.

Life Sukhumvit 62 promotional video

The video is 2 mins long. Enjoy.

LIFE Sukhumvit 62 is an upcoming Freehold Development by Thailand’s Top Listed Developer AP (Thailand) and Top Japan Developer Mitsubishi Estate Group.

It is located in the Up and Coming Residential Development Zone popular with Expats and Locals and is ~200 metres from the nearest Bangchak BTS Skytrain station and 500 metres from the expressway.

The location allow easy access and convenience to the different parts of Bangkok. Life Sukhumvit 62 standing tall at 24th Storey will be the Tallest High-Rise Freehold Condo in the Vicinity.

It is a Low Density Development with only 438 Residential Units ranging from Studio, 1 and 2 Bedroom units. LIFE Sukhumvit 62 is designed under the concept of Life Space for the Future to bring living quality of urbanites to the next level.

It has a Digital Co-working Space and Cocoon Space in the common area that allows residents to work in the comfort with their apartments just downstairs.

There will be certain provisions set aside within the development for Green Landscape and with seats and walkways in shaded corners to ensure beauty and maximum privacy just like working in natural settings.

There will also be Luxury Rooftop Facilities such as Infinity Edged Pool that will offer views of Sukhumvit and Bang Kra Jao oasis and a Sky Fitness Centre for residents who likes to engage in Physical activities.

Location of Life Sukhumvit 62

Located 200m from Bang Chak BTS station and 500m from the expressway, Life Sukhumvit 62 is accessible by various forms of public transport.

For an interactive map, check out Google maps for directions to Life Sukhumvit 62.

Life Sukhumvit 62 Bang ChakLife sukhumvit 62 location

Life Sukhumvit 62 condominium details

  • Single tower development
  • 24 storeys
  • 438 residential units
  • 1 commercial shop
  • 176 parking spaces
  • Prices starting from THB 3m (SGD135,000) or THB 120,000 per sqm (SGD 5,054 per sqm or SGD 470 per sqft)
  • Unit types include 1) Studio at 25 sq. m. of function area 2) 1 bedrooms at 30 / 35 / 38 / 39sqm and 3) 2 bedroom units at 45 / 50 / 68 sqm
  • Freehold
  • Foreigners eligible
  • 6 to 7% property yields are possible
  • Only 24 units available for Singaporeans. Get it or be square!
  • No ABSD, stamp duties, agent or lawyer fee as you’re dealing directly with the developer
  • Facilities: reception hall, sunken lounge, ultra exploratorium, co-socialize space & cocoon, juristic office, mail room, shop space, aqua scape lap pool and odyssey pool, sauna room, sky fitness, theatre loung & sky bench, roof garden
  • Fully fitted residences including laminated flooring or ceramic tiles; white plastered walls or ceramic walls; kohler, grohe, sanwa sanitary fittings; panasonic split-unit system AC; down lights and wall lamp for lighting; built in cabinets with Franke or equivalent kitchen sink, electric cooker hob & hood

Get a piece of Life Sukhumvit 62 in Bangkok from SGD 135,000, contact us today or get in touch on WhatsApp.

Those who attend the VVIP launch and book a unit stand to receive special discounts.

Floor plans

The following floor plans show 3 types of studio units.

For a full listing of the floor plans comprising studio, 1 bedroom and 2 bedroom units, contact us today or get in touch on WhatsApp.

Studio 25 sqm

Life Sukhumvit 62 Studio 1

Studio 25 sqmLife Sukhumvit 62 Studio 2

Studio 25 sqmLife Sukhumvit 62 Studio 3

1 bedroom 30sqm Life Sukhumvit 62 1 bedroom 1

1 bedroom 35 sqmLife Sukhumvit 62 1 bedroom 2

1 bedroom 35 sqmLife Sukhumvit 62 1 bedroom 3

1 bedroom plus 38 sqmLife Sukhumvit 62 1 bedroom plus 1

1 bedroom plus 38 sqmLife Sukhumvit 62 1 bedroom plus 2

Extended 1 bedroom 39 sqmLife Sukhumvit 62 extended 1 bedroom 1

 

2 bedroom 45 sqmLife Sukhumvit 62 2 bedroom 1

2 bedroom 50 sqmLife Sukhumvit 62 2 bedroom 2

2 bedroom 50 sqm Life Sukhumvit 62 2 bedroom 3

2 bedroom 68 sqm Life Sukhumvit 62 2 bedroom 4

Surrounding area

The area around Life Sukhumvit 62 has plenty of lifestyle, shopping, entertainment and cultural amenities.

Also read: Amber 45 condominium by UOL in the heart of Amber Road and near East Coast Beach

From Terminal 21, to the EM district, to the Erawan Museum, there is no shortage of activities to cater to someone staying at Life Sukhumvit 62.

  • Asoke – Asoke CBD, BTS-MRT Exchange Station, Terminal 21 Mall
  • Phrom Phong – EM district, high-end expat area
  • Thonglo – High-end lifestyle area
  • Ekkamai – Lifestyle area, Gateway Ekkamai
  • Phra Khanong – Art & trendy area, upper & middle class expat area
  • Onnut – Asoke CBD, BTS-MRT Exchange Station
  • Bang Chak – Life Sukhumvit 62
  • Phnnawithi – Whizdom 101
  • Udom Suk – Soi Udom Suk street food and market
  • Bang Na – Ikea, Mega Bangna, Bangkok Mall
  • Bearing – Erawan museum, Bang Pu seaside
  • Samrong – Future green line extension, future yellow line exchange stations

life sukhumvit 62 vicinity surrounding amenities

Comparative pricing

Life Sukhumvit 62 has very competitive pricing compared to per sqm prices of comparable projects in the area.

Get a piece of Life Sukhumvit 62 in Bangkok from SGD 135,000, contact us today or get in touch on WhatsApp.

Those who attend the VVIP launch and book a unit stand to receive special discounts.

The following list shows the per sqm THB prices of comparable developments around Life Sukhumvit 62.

  • Asoke – 250k
  • Phrom Phong – 300k
  • Thonglo – 300k
  • Ekkamai – 250k
  • Phra Khanong – 190k
  • Onnut – 150k
  • Bang Chak (location of Life Sukhumvit 62) – 120k
  • Pnuuawithi – 150k
  • Udom Suk – 110k
  • Bang Na – 130k
  • Bearing – 80k

Life sukhumvit 62 average price psm

Payment schedule

  1. S$2,000 administration fee as reservation fee (refundable after first downpayment).
  2. 15% of purchase price within 5 days of reservation
  3. Balance 85% + 2% transfer duty payable on completion/handover (anticipated in 2020/2021 onwards)

This means that only S$2,000 is required to book a unit. I bet most of you put down even more for stocks that you buy!

What’s more, flipping is allowed. This means you can flip it to the next buyer who either missed out on the property during launch, or after 6 months when someone comes along deciding to buy a unit at Life Sukhumvit 62.

Get a piece of Life Sukhumvit 62 in Bangkok from SGD 135,000, contact us today or get in touch on WhatsApp.

Those who attend the VVIP launch and book a unit stand to receive special discounts.

Also read: The Tapestry condo at Tampines by CDL

Financing and tax for Life Sukhumvit 62

Up to 70% financing is allowed by UOB Thailand.

Category Sale of freehold land and property Liability to tax
Transfer fee 2% of official appraised value Seller/Buyer
Specific business tax (applicable only within 1st 5 years of ownership) 3.3% of official appraised value or the contracted sale price, whichever is the higher or N.A. Seller
Stamp duty (applicable from 6 years of ownership) 0.5% of official appraised value or the contracted sale price, whichever is the higher or N.A. Seller
Withholding tax If seller is company: 1% of official appraised value or the contracted sale price, whichever is the higher or N.A.If seller is individual: 5% – 35% of official appraised value or the contracted sale price, whichever is the higher or N.A. Seller

Payment schedule

Reservation: S$2,000 admin fee

Downpayment: 15% of payment price to developer’s bank account within 5 days of unit reservation

Balance: 85% of purchase to developer’s bank account upon completion (or so-called TOP)

Notes: All transfers must be in foreign currency, not in THB. Do not use a remittance company or purchase in THB.

life sukhumvit 62 payment schedule

Personal income tax rates in Thailand

For those who need reference, the following table lists out the personal income tax rates in Thailand.

Taxable income (baht) Tax rate (%)
0-150,000 Exempt
More than 150,000 but less than 300,000 5
More than 300,000 but less than 500,000 10
More than 500,000 but less than 750,000 15
More than 750,000 but less than 1,000,000 20
More than 1,000,000 but less than 2,000,000 25
More than 2,000,000 but less than 4,000,000 30
Over 4,000,000 35

Life Sukhumvit 62 photos

360 degree panoramic view

Life sukhumvit 62 panorama view

Life Sukhumvit Bangkok property illustration (8)Wide open entrancesLife Sukhumvit Bangkok property illustration (7)Landscape and greeneryLife Sukhumvit Bangkok property illustration (6)Landscape and greeneryLife Sukhumvit Bangkok property illustration (14)Rooftop facilities (fitness centre and infinity edged pool)Life Sukhumvit Bangkok property illustration (9)

Interested in Life Sukhumvit 62 with prices starting from SGD135xxx? contact us today or get in touch on WhatsApp. Life Sukhumvit Bangkok property illustration (21)Grand lobbyLife Sukhumvit Bangkok property illustration (5)Lounge areaLife Sukhumvit Bangkok property illustration (4) Life Sukhumvit Bangkok property illustration (3)Grand lobbyLife Sukhumvit Bangkok property illustration (23)Grand lobbyLife Sukhumvit Bangkok property illustration (16)

Also read: Rivercove Residences EC – one of the few remaining EC developments available for sale in 2018

Fitness centreLife Sukhumvit Bangkok property illustration (11) Life Sukhumvit Bangkok property illustration (20)Luxurious bedroomsHigh class furnishings and fitoutsLife Sukhumvit Bangkok property illustration (22)

Interested in Life Sukhumvit 62 with prices starting from SGD135xxx? contact us today or get in touch on WhatsApp. Life Sukhumvit Bangkok property illustration (17) Life Sukhumvit Bangkok property illustration (19)Stylish finishingLife Sukhumvit Bangkok property illustration (15) Life Sukhumvit Bangkok property illustration (12) Life Sukhumvit Bangkok property illustration (13) Life Sukhumvit Bangkok property illustration (18)Life sukhumvit 62 5th floor hover sphere

3 min walk from Life Sukhumvit 62 to Bang Chak BTS station

The developer

AP developer Life Sukhumvit 62 Bangkok (3) AP developer Life Sukhumvit 62 Bangkok (1) AP developer Life Sukhumvit 62 Bangkok (2)

Prices along Sukhumvit BTS Line

According to AP, the developer of life Sukhumvit 62, condominiums along the Sukhumvit BTS Line fall into one of three main sections

  • 1) Upper Sukhumvit (Nana station-Ekkamai station) where condominiums, built right the heart of prime central business district, are in the luxury segment at Bht 290,000-400,000/sqm price range
  • 2) Mid-Sukhumvit (Phra Khanong station-Nana station) where condominiums in the Bht 100,000-250,000/sq.m. price range for sale in high-potential locations surrounded by growing city trends. This section of Sukhumvit is also clearly affected by Upper Sukhumvit’s extended urbanization triggering demand for condominiums in the area. Developers are challenged to find the right plot of land and manage their price package to meet customer demand and price limitations. AP is looking to fill a gap in this section of Sukhumvit.
  • 3) Lower Sukhumvit (Bearing station-Erawan station) where condominiums are in the Bht 70,000-120,000/sqm price range.

Source: AP Development

An investment in Life Sukhumvit 62 in Bangkok offers fantastic capital appreciation and rental potential. Contact us today using the following form. We will be in touch shortly.

Contact us

List of downloadable documents

Life Sukhumvit 62 handbook



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