Project Detail
True Tower 1 Project is a large office building consisting of 36 storeys with 1 ground level. The project is located at No.18 Ratchadapisek Road, Huai Khwang, Huai Khwang, Bangkok, and was completely constructed and opened for using the building in 1993. Gross Floor Area (GFA) under construction permit is 63,615 square meters with 431 parking lots. Currently, True Tower 1 Project is mainly operated as the office building for lease to True Group and CP Group companies, and the said building is regarded as Head Office building of True Group. The building’s interior is equipped with public utilities system consisting of power system, AC system, elevator system, telephone system, fire protection system, including CCTV camera system installed inside and outside of the building. Facilities are provided to accommodate the employees of the tenants from True Group and CP Group companies. The said facilities include coffee and bakery shops, and TRUE Coffee etc.
Project Highlight
63,615
37,827
431
3-3-78.7
Details
Total 36-storey and a basementLocation
No.18, Ratchadapisek Road, Huai Khwang, Huai Khwang, Bangkok, 10310Transportation
- 300 meters from MRT Thailand Cultural Center station
- 700 meters from MRT Rama 9
- 1.3 km. from an entrance of Rama 9 Srirat Expressway
Type of Investment
30 years leasehold right in lands and buildings from February 8, 2018 to February 7, 2048
Operating Performance
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Occupancy Rate (%) | 99.7% | 99.7% | 99.7% | 100.0% | 99.3% |
Average Rental Rate (Baht/sq.m./month) | 627 | 646 | 668 | 691 | 713 |