Udon’s First Condominium Project: A Home of Your Own – By Jeff Petry (Udon Thani Guide Magazine) July 2011
There’s good news for foreigners looking to buy a home in Udon Thani, Thailand: Udon Condo, Udon’s first condominium project is coming soon. When completed, foreigners will finally be able to own their own home in northeast Thailand, 100% in their name.
Given the initial excitement shown in survey results from foreigners in Thailand, this project will most likely be breaking ground before long with the building beginning to rise up over Udon soon thereafter. Space is limited, so takers are advised to get in early, once they come to market, in order to secure their special rooms with a view.
Udon Thani Condominium Project
The development is still in the design and research stage, and are not available to purchase just yet. However, planning permission has already been approved, so the project is officially underway. The wheels are in motion, and the plans will be executed in the coming months.
Situated on over 2 rai in downtown Udon Thani between Radjapaht University and Jintakam Road, the Udon Condo project will provide a sanctuary setting in the heart of the city. This is a special piece of land, located as it is in the heart of Udon, yet designed in such a way as to be something of an urban oasis.
The residences will be secluded by design with recreation areas, swimming pool and landscaped gardens. The rear of the condo building will overlook parkland in the distance owned by Wing 23 Army.
The location provides easy and convenient access to major roadways; e.g., Khon Kaen – Bangkok Highway (route 2), central bus routes, local transportation, as well as Udon’s most vibrant shopping and entertainment areas (Central Plaza & UD Town), only a 1.9 km, 20-minute walk away.
It is also close to convenience stores, including a 7-11 and a number of restaurants. The Army Hospital is just down the road, as is Aek Udon International Hospital. Udon Thani Airport is a short drive away.
There will be 76 condos built in total during Phase 1, with a combination of studio, 1-bedroom, and 2-bedroom units for sale. Phase 2 is projected to contain approximately the same number of units, with specific types built according to initial response and Phase 1 demand.
This development is being built according to the highest standards, with safety, security, comfort, convenience, and luxury in mind. Udon is no longer the country backwater it was not so many years ago, and the developers realize that the time is right to build modern housing here, with style, purpose, convenience, and all the amenities of modern life in mind.
The condo project will provide ample and secure covered parking, high security, card-controlled doors, and built-in safes for valuables. It will be wired for phone and Internet connections, as well as Satellite TV. Multi-national individuals will feel very much at home here, without a doubt.
Rooms will have decent sized balconies that are not subject to air-conditioning exhaust, and a management company will oversee day to day operations and maintenance. In short, this will be a one-of-a-kind development in Udon.
Prices will range from approximately 850,000 Baht to over 2,000,000 Baht – extremely reasonable in comparison with similar projects in Thailand’s largest cities. You could expect to pay at least twice this for comparable rooms in Chiang Mai, Bangkok, Pattaya, or Phuket; that is, if you wanted to live in any of those cities. Here, a 5-minute drive will take you into the rice fields, and onwards into the bucolic Isan countryside.
On top of all this, Udon Condo’s facilities will include a gym, a swimming pool, a mini-shopping mall – convenience stores, massage, laundry, etc. – and a proper reception and lobby area.
Quality building materials will be used throughout the building. A fire sprinkler system will be installed for personal safety. Walls will be built with Q-con blocks to protect against heat and noise. All fixtures will be of the best quality, with everything built according to code. Udon Condo plans to do things right – the first time.
Individual condominium ownership for foreigners is available. Foreigners are legally allowed to own condominium units and hold title in their own name as freehold properties. Other options include part-finance and long-term leases. There will be a low monthly maintenance and facilities fee.
For more information, please contact Udon Condo via the contact form here http://www.thailandhouseplans.com/contact-us, or check on progress and developments on the “Udon Condominiums” thread on the UdonMap Forum, www.udonmap.com/udonthaniforum.