Belgravia Residences

Exclusive Luxury Residences Development
Belgravia Residences-1

LOCATION

30/1 Sukhumvit Rd, Khlong Tan,
Khlong Toei, Bangkok 10110, Thailand

ASSET DESCRIPTION

Developed in 2007 and located in the heart of Bangkok, Belgravia Residences was an exclusive development co-developed in a joint venture with a local partner. It had 48 luxury residences located in the central district of Sukhumvit. The acquisition capitalized on Asia’s fast-growing luxury services and experience market and met a need for high-end residences, reflecting Bangkok’s economic growth.

It consisted of two 7-story low-rise residential buildings, each 54,000 square feet. Each unit featured top-of-the-line designer interiors, including floor-to-ceiling windows, marble and parquet flooring, and branded kitchen appliances.

The development contained a lap pool and spa, and the entire building was accessible by a high-end security infrastructure that included biometrics. All the units were sold between 2009-2010. The total value of this transaction was $50 million.

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