Life Sukhumvit 48

Life Sukhumvit 48 is a 31-floor condominium of about 612 units on Sukhumvit Road in Phra Khanong, Khlong Toei, developed by AP (Thailand). Sources date completion to 2017 or 2018 and disagree on the tower count, so we state neither. One source describes it as freehold.

BTS Phra Khanong is under a kilometre away, close enough to walk. BestBKKCondos tracks 3 listings here: two one-bedroom rentals and one two-bedroom unit for sale.

With more than 600 apartments to serve, the project offers a long list of shared amenities. Pets are reported to be not allowed unless the juristic office gives permission.

Facilities

• Swimming pool
• Fitness centre
• Sauna
• Steam room
• Library
• Coworking space
• Golf simulator
• Garden
• Car park
• 24-hour security
• CCTV

Unit types

Our listings include 30 sqm one-bedroom units and a 40 sqm two-bedroom unit. Sources describe one-bedroom units of about 30 to 40 sqm and two-bedroom units of roughly 47 to 60 sqm.

Sukhumvit Road, near BTS Phra Khanong

BTS Phra Khanong is the nearest station, about 650 m away by one renter listing and roughly a ten-minute walk by another account. Ekkamai is one stop west on the Sukhumvit line and Thong Lo is two. Sukhumvit Road brings bus routes, restaurants, markets, clinics and convenience stores to the door. It is busy. Older shophouse blocks stand beside newer towers.

• Young professionals renting a one-bedroom the 30 sqm units in our listings rent at 17,000 THB a month, near the BTS.
• First-time buyers our one sale listing, a 40 sqm two-bedroom, is priced at 4.81 million THB.
• Residents who like on-site facilities the shared floors include a library, coworking space and golf simulator.

It does not suit pet owners, since pets need juristic office approval, or anyone who wants a small building with few neighbours.

Our sale listing is a 40 sqm two-bedroom unit at 4,810,000 THB, about 120,250 THB per sqm. Our two rental listings are 30 sqm one-bedroom units at 17,000 THB a month each. We do not quote a yield.

One source describes the project as freehold. Foreign buyers can purchase within the 49% foreign quota; check what remains with the juristic office.

Risks to weigh

• With about 612 units, many owners may rent or sell at once, which can pressure prices and rents.
• Sources disagree on completion year and tower count.
• A 40 sqm two-bedroom layout is compact, which may narrow resale to singles and couples.