Taiping Tower - Sukhumvit 63 (Listing # PL5724)
The Bangkok condo/apartment is located on Sukhumvit 63 in the Ekkamai, Mid Sukhumvit community of central Bangkok. Taiping Tower is situated about 2100 meters from the Ekkamai BTS Skytrain station. It will take close to 25 minutes or more to walk to the station from the building. You can get there in 5-10 minutes on a motorbike taxi.
Ekkamai is a largely residential area with the exception of the space around Sukhumvit Road next to the Ekkamai BTS station and Ekkamai Road (Sukhumvit soi 63) which has many shops, stores and other venues. The majority of Ekkamai real estate features many older highrise condominiums which were built before the emergence of the BTS skytrain. Most of the newer buildings are lowrise apartments and boutique condos with the exception of the areas close to Sukhumvit Road and the BTS station which are seeing rapid development with new luxury condominiums.
Since Ekkamai is devoid of tourist destinations, full of schools and quiet it is a great place for families to live in central Bangkok. Ekkamai while largely considered an upscale area has the reputation of being lower class and less appealing than its neighbor Thonglor by some although they share much of 3 sois.
- Ekkamai International School (Sukhumvit soi 63/12)
- Kids? Academy International Pre-School (Sukhumvit soi 63)
- Singapore International School of Bangkok (Sukhumvit soi 63)
- Ekkamai Nursery and Kindergarten (Sukhumvit soi 63)
- Harrow Kindergarten International School (Sukhumvit soi 63)
- Anabel’s Nursery (Sukhumvit soi 63)
- Oeska International Kindergarten (Sukhumvit soi 63/4)
- Bangkok Adventist International School (Sukhumvit soi 71)
- Srivikorn School (Sukhumvit Rd.)
- Health Land Spa (Sukhumvit soi 63)
- Major Ekkamai Shopping Center (Sukhumvit soi 61)
- Eastern Bus Terminal (Sukhumvit Rd.)
- Gateway Shopping Center (Sukhkumvit soi 42)
- 42 Tee-Off Golf Driving Range (Sukhumvit soi 42)
- Big C Supercenter (Ekkamai soi 8)
- Index Living Mall (Ekkamai soi 8)
- Arena 10 Sports Club (Ekkamai soi 5)
- Sukhumvit Hospital (Sukhumvit soi 63-65)
Most foreigners use property agents when renting a condo in Bangkok. Using a real estate agency is of no cost to you and you can use the agent’s expertise in Bangkok real estate to find a perfect place and location. It is usually good to begin looking for a place a month before you intend to move in. This gives you plenty of time to see properties and allows you the chance to pay a booking fee (10-25% of the rental) if you see something you like. The booking fee will hold the condo/apartment until your move-in date and go towards your deposit and first month’s rent.
Moving into an apartment or condo requires a refundable security deposit equal to 2x your agreed monthly rent or in this case ฿180,000 THB (Thailand Baht) in addition to your 1st month’s rent of ฿90,000 which is due on the day you move in. Your total move-in costs for this Bangkok rental property will be ฿270,000. Your real estate agent will help you negotiate anything from rental price, included utilities, lease terms, special requirements etc. with the landlord and prepare your lease agreement which are usually in Thai and English languages.
Living Expenses & Paying Rent
Unless you are staying in a serviced residence, you will be responsible for paying your monthly utilities which will always include electricity and water. Most Bangkok renters also have internet and cable television. For most condominiums will have to setup the services under your name and pay directly to the service providers. In the case of apartments, you will likely have to make payment to the building which may have a set fee for water. Your real estate agent can help you set up your utilities. You can pay all utility bills at the cashier of any convenient store in Bangkok. Rent payment is usually made via cash deposit or bank transfer directly into the landlord’s account.
In order to get your ฿180,000 security deposit back you must not break any terms of your signed lease agreement. This includes giving the proper move-out notice if applicable, moving out of the property by the correct date and returning the property as you rented it, with no damage to the condo itself as well as the furniture (if rented fully furnished). If you break any terms of your lease the landlord will not refund your security deposit.. If you rented a condo you will likely get your security deposit back in cash from the landlord during the week you move out. However most apartment buildings will take at least 30 days to refund your security deposit via corporate check.