Oakwood Apartments Trilliant Sukhumvit 18 Bangkok (Maitria Hotel Sukhumvit 18 – A Chatrium Collection) - SOLD

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Sold for 700,000,000 THB Date of Sale: August 2014
Rooms: 129
Price Per Room: 5,426,357 THB
Property Id : 29152

Jones Lang LaSalle’s Hotels & Hospitality Group (“JLL”) has been retained by Boutique SA2 Ltd (the “Owner”) on a sole and exclusive basis to offer for sale Oakwood Apartments Trilliant Sukhumvit 18 (the “Property” or “Asset”).

The Asset is a 129-key serviced apartment situated on a 1,364 square meter site near the main Sukhumvit Road. The Property features a majority studio room type allowing the management to also attract high-yielding short-stay guests alongside a stable base of long stay custom. It offers guests a full complement of facilities as well as the most central location in Bangkok, just off the Asoke junction.

The Property has an incredibly rare investment incentive from Thailand’s Board of Investment (“BOI”) allowing freehold ownership of the Asset and its underlying land parcel by foreign investors, amongst other incentives.

The Property is also being offered with the flexibility of vacant possession of brand and management.

Please contact Jones Lang LaSalle’s Hotels and Hospitality Group to arrange inspections and obtain further due diligence information, which will be made available upon signing of a confidentiality agreement.

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