Another great piece of art presented by Noble Development. Located in Soi Aree 1 near Department of Revenue and Ministry of Tresury in Paholyothin area.

This tower will rise full 24 Storey with 5 first levels of car-park space.

Just lounched not long ago, the construction expected to start in 2-3 months and approximately to be done by the middle of 2006.

Rendering :


http://www.noblehome.com/image/gallery/lite02.jpg

Map :

http://www.noblehome.com/imageth/lite_map.gif

The rendering just like the Ora one.

Yeh...Thats what I and Archstudent called " Noble Style"..rather Retro mixs with modern contemporary.:)

i'm a big fan of noble's :)

chad ...รู้มั้ยว่า playground จะขยายสาขารึเปล่าอะ หรือว่าจะมีแค่สาขาเดียว?

มีสาขาเดียว....ถ้ามีที่อื่นก็น่าจะติดอยู่กะโครงการ แต่เป็นคนละคอนเซ็บ

Kor Khun plae noi hai pom arn ru ruang na krab!

He asked if there will be more "Play Ground", Noble retail Center........so I said, nah If there is one, it would stick with other Noble's project and will be in different scheme...:)

Renering :

http://www.skyscrapercity.com/photopost/data/500/1310Noble_Lite.JPG

Not a bad looking I would say

Even if it has all the typically bad design elements (IMO) like the carpark, boxy design, simple setbacks and white color it actually looks quite good. :)
Maybe it's becaue of the large windows, slender design and the green stuff.

Thats one beautiful ugly building

I think this tower will sure looks ok when it's done, I'v seen so many result green window blends with white tower......stuningly contemporary...:)

Even if it has all the typically bad design elements (IMO) like the carpark, boxy design, simple setbacks and white color it actually looks quite good. :)
Maybe it's becaue of the large windows, slender design and the green stuff.

the set-backs lift the tower-appearance up a lot...not only that but also it's "roofing pat" on the top too....:)

Thats one beautiful ugly building

Uh?, whats that suppose to mean?

mayb that it is beautiful in some way but the boring whiteness makes it kinda boring and ugly, like a european highrise or something

Yeh...Looks llike Europiean Highrise..., better than Sao Paolo Highrise lah...:D

he set-backs lift the tower-appearance up a lot...not only that but also it's "roofing pat" on the top too....:)
I like the subtle "roofing pat" too :) The building feels very tall for a 24 storey tower and the ground floor gets my thumbs up for being so glassy... :okay: All in all I think the building has a fresh look.

Did you notice that the building has changed since the first rendering! One of the things is that they added one floor to it.

Did you notice that the building has changed since the first rendering! One of the things is that they added one floor to it.

Oh yeah!!!......Hmm, wondering which is the true number now.....24 or 25....:?

Uh?, whats that suppose to mean?

I mean that I think that that building is ugly but it has beauty in it

Like, The beauty beast?....;)

wow...very nice design. boxy but i like boxes and the white looks very cool.

Yes, very contemporary...:okay:

any update on this project, chad?
:D

No. Havnt been to the site yet...please wait, I'll do when the time comes.

Following condos? Then follow stocks

Noble sees market starting to settle down

NINA SUEBSUKCHAROEN

If you want to invest in a luxury condominium but would like to know the direction of the market, all you have to do is look at the stock market as there is a direct link between the two, says Thongchai Busrapan, executive vice-president of Noble Development Plc.

The important point is that the condominium market tracks the direction of the stock market and if stocks are faring poorly, so to will condominiums, he said. ``People move money from the stock market to condominiums. Those investing or buying units to live in are all linked to the stock market.''

Mr Thongchai expects both new developments and sales of luxury condos in the hot Sukhumvit market to slow down because of heightened competition. New supply will decrease as banks and developers grow more cautious.

Noble appears to have timed its business right as it enjoyed brisk sales when it launched the Noble Ora condominium in Thong Lo in mid-2003.

``It's a market that is becoming mature and those who have buying power have already bought,'' he said.

There is still scope for successful condo projects but these should be located in areas of central Bangkok served by mass transit but with relatively low supply. A prime example is Noble Lite in Soi Ratchakru off Phahon Yothin Road a few hundred metres from the Aree skytrain station. Almost half of the units have been sold with prices start at 2.5 million baht for a 45-square-metre unit.

However, Mr Thongchai does not think prices will fall next year because costs have risen, especially land prices, with the situation unlikely to reach a point where developers have to sell at a loss. He sees prices stabilising or rising slightly next year but supply will stagnate for a period until the market adjusts.

Noble is not going to undertake any new condominium projects next year and will instead launch two shopping centres in Thong Lo. The small-scale community-type centres will have a selection of restaurants and outlets for books, fashion and design products. Only the restaurant space will be leased out with Starbucks to be one of the tenants, while Noble will operate the remaining outlets itself.

``The market is already tough,'' Mr Thongchai said. ``Certainly interest rates are on the uptrend. At one time it was easy to borrow money, but compared to last year the cost is higher and when costs rise it means borrowers have to think more carefully because of higher risk.

``The market is slowing down, you can see not all new launches are completely sold out like before, so people are thinking more carefully now.''

What is worrisome is oil prices. Mr Thongchai believes state intervention in prices works in the short term but when it is certain that the increases are for real, then the market distortions should stop.

The property industry is especially concerned about the cost of diesel fuel, given its potential impact on construction costs. Currently diesel is capped at 14.59 baht a litre _ six baht below the real market price. The government does not intend to lift the cap until March.

``You should manage this quickly. I heard they are going to hold the price until after the election. I think it's absurd, it's too long,'' Mr Thongchai said.

Normally the high season for property sales is the final quarter of the year but Mr Thongchai said this year seems a bit different with a lot of people having doubts about the future.

``As far as I can see, consumers are worried about the direction of the economy: will the future be better than the past, will a downside set in? Oil prices are at this level, interest rates are at this level, it is not about deciding quickly like before,'' he said. ``If you look at the confidence index, it has dropped throughout. If it drops people are wary, they won't spend, they won't buy. I also don't want to do anything big quickly. If sentiment drops we will enter a recession.''

Despite this, Noble is cautiously studying the prospects of a development in one of Thailand's thriving breach resorts, where Mr Thongchai sees a more optimistic business outlook.

``Tourism is the country's main business. Therefore developing property linked to tourism should be good,'' he said.

Underscoring the outlook are healthy sales of villas with good facilities and management and potential to generate generate rental returns. ``People are smart today, they don't invest just for leisure,'' he said.

In the single-house market, Mr Thongchai said those in the 4-7 million baht bracket are selling quite well while sales of homes costing more are much slower. Currently prices are stable, similar to the condominium market.

``Costs have risen somewhat, but not very much, and it is being absorbed by the contractors. We build a lot of houses and know the cost of each one,'' he said.

The problem about finding contractors is something that the property market faced last year though the situation has eased this year, he said, adding that Noble Development's gross margin has been unaffected and remains stable.

The opening of the new Suvarnabhumi airport will boost the property market in the Bang Na area with people working in that area relocating to live there. However, property in Bang Na is no longer cheap with a single house costing eight million to 15 million baht in good areas located between Bangkok and the airport. Farther east, prices are lower but one would have to think really hard about living so far out, he said.

Mr Thongchai believes those planning to invest in a condominium have a lot more to choose from, unlike in the early days of the economic recovery when whatever was launched was quickly snapped up with buyers fearing the supply will dry up. Another good point is that prices have stabilised now. ``It's like stocks, buying on the up or down trend.''

Investors in real estate stand a chance of getting a profit. If you invest in real estate long-term it should outperform bank deposits, he said.

``The trend of property investment is up throughout because it is a finite resource. Those buying property now stand a chance of seeing an upside. I think there is an upside _ it might not be as fast or as clear as the previous cycle but if you look long term you wont go wrong,'' he said.


Source : bangkokpost : Nov 1, 2004

Feb 13, 2005 :

http://img.photobucket.com/albums/v171/chady/Bangkok2/DSC00728.jpg

feb 20, 2005 :

http://img.photobucket.com/albums/v171/chady/Bangkok2/DSC00799.jpg

http://www.noblehome.com/image/lite_status01.jpg

http://www.noblehome.com/image/lite_status02.jpg

http://www.noblehome.com/image/lite_status03.jpg

Mar 13, 2005 :

I really like it's location, friendly neighborhood.

http://img.photobucket.com/albums/v171/chady/Bank/DSC01165.jpg

Apr 27, 2005 :

http://img.photobucket.com/albums/v171/chady/Bank/DSC01755.jpg

http://img.photobucket.com/albums/v171/chady/Bank/DSC01756.jpg

another great design by noble.........

Great design.....by Architect and Associate...:)

Spectacular design with great location

hey, finally i change my mind.. i had some walk in that area (soi Aree) last night, and it is pretty nice there. Nice houses and condos, the pavement is clean, and have lots of pubs and places to eat. i really like it, and Noble design is impressive, as usual. are they still selling at 55,000 / sq.m?

Here are some other option around Pahol Area.

1. Centric Place. Already finish. on aree 4 north. Low rice with 77 units

http://www.scasset.com/thai/centric/progress/nov_14.jpg

2. Centric Scene. Schedule to finish next 2 years. By ScAsset. 220 Units. located just middle of Aree & Sapankay station.

http://www.scasset.com/thai/image/cts_pro.jpg

3. Villa Rachakhru. On Rachakhru. Nice & Quiet with 70 units. finished on 06. by TCC Capital Land.

http://www.geocities.com/sophon944/villa12.jpg

Ari and Ratchakru areas are both full of lifestyle and very hip places to hangout both day and night, I agree.

Centric Place seems hip and trendy.........
nice low rise apartment..............

i like the TCC one. seems like another low rise i saw on the Singapore forum.. a convertion from old commercial building, can not find it anyway!

U cannot?, It's next to Saeng Some Building near to Sanam Pao BTS Station next to Ratchada-Paholyothin Special Road Link Way.

June 2, 2005 :

http://img.photobucket.com/albums/v171/chady/veranda/Alucon/DSC03978.jpg

May 15, 2005 :

http://www.noblehome.com/image/lite_status01.jpg

http://www.noblehome.com/image/lite_status02.jpg

http://www.noblehome.com/image/lite_status03.jpg

http://www.noblehome.com/image/lite_status04.jpg

http://www.noblehome.com/image/lite_status05.jpg

http://www.noblehome.com/image/lite_status06.jpg

http://www.noblehome.com/image/gallery/lite_01.jpg

http://www.noblehome.com/image/gallery/lite_02.jpg

http://www.noblehome.com/image/gallery/lite_03.jpg

http://www.noblehome.com/image/gallery/lite_04.jpg

http://www.noblehome.com/image/gallery/lite_05.jpg

http://www.noblehome.com/image/gallery/lite_06.jpg

http://www.noblehome.com/image/gallery/lite_07.jpg

:eek: :dizzy:

http://www.noblehome.com/image/gallery/lite_10.jpg http://www.noblehome.com/image/gallery/lite_11.jpg

http://www.noblehome.com/image/gallery/lite_08.jpg http://www.noblehome.com/image/gallery/lite_09.jpg

What a great view..... :drool:
I want one room there.

Good skyline view from there!

wow... i never realize that Paholyothin would have a nice panorama view. Yes,I want one unit too.

Jul 3, 2005

http://img.photobucket.com/albums/v171/chady/veranda/Alucon/DSC04686.jpg

that looks pretty polluted.............
or is it just the light????........

congratulation for the picture... could be a nice banner

Jul 10, 2005

http://img.photobucket.com/albums/v171/chady/London/DSC04846.jpg

http://img.photobucket.com/albums/v171/chady/London/DSC04847.jpg

Jul 21, 2005

http://img.photobucket.com/albums/v171/chady/London/DSC05064.jpg

Aug 28, 2005 :

4 more floors to go.

http://img.photobucket.com/albums/v171/chady/Alan/DSC05631.jpg

Sep 18, 2005 :

On the left, 3 more floors to go.

http://img.photobucket.com/albums/v171/chady/Alan/DSC05844.jpg

i love the location of that one! hope it will look good, very slim, but nice design!

superb view!! how much is a unit here?

Hmm, stating at 3.5 Million?...But that was before they'v increased the prices perhaps around 8 times already.

Hmm, stating at 3.5 Million?...But that was before they'v increased the prices perhaps around 8 times already.
Are you serious?. the price has increased 8 times....OMG.

same with every projects in town...nothing exciting, the way business goes...

yep, good to be the first ones, or the last ones... when companies want to close up sales. however, better be first, you will have the choice ;)

But u defineitly want to be the first only if that developers are reliable enough.

Thailand is very trustable .ahah. i would recommend to wait for show unit before. and also speak with consultants that will take care project

U know, in realife I think it looks really fat, tacky and short from sides.

Oct 2, 2005 :

http://img.photobucket.com/albums/v171/chady/Bank/DSC06063.jpg

http://img.photobucket.com/albums/v171/chady/Bank/DSC06064.jpg

The yellow sheets covering this structure are poor and looks untidy.

what, they are Renzo Piano's facade!!..:D

what, they are Renzo Piano's facade!!..:D
Really, why it looks so poor like that. Pic tells itself.

It was a joke!

hahaha :)

Oct 29, 2005 :

http://img444.imageshack.us/img444/5096/img13089rb.jpg

Wow!!!. Sanam Pao and Ari look quite dense!!!!

Thats actually, Aree...a bit off Sanam Pao..;)

Nov 30, 2005 :

http://img227.imageshack.us/img227/7409/img18829su.jpg

http://img227.imageshack.us/img227/1710/img18802ji.jpg

^^^^^^. Well, Finally it's topped out. Such a dominated one in that area.

feel like that victory Thai flag has been erected on the top floor! Great job Noble!

Dec 25, 2005 :

http://img378.imageshack.us/img378/3433/img29115ij.jpg

Jan 15, 2006 :

http://img13.imageshack.us/img13/9325/img31211zq.jpg

http://img30.imageshack.us/img30/4280/img31222bf.jpg

Nice building. but too bad, next to it is a hospital, i can see that. :( hospital = a place where people die and people are sick therefore produces bad "qi". So for anyone who believes in feng shui, s/he wont like buying a condo that is next to a hospital or even close to hospital.

Just like Infinity. It is a nice project but located closed to ex-graveyard/located on the ex-graveyard land. therefore bad feng shui.

Bangkok is not Hong Kong...... (Thank Buddha!!! :bow: )

this factor is not so important here....Infinity sold out fast....no probs (even though there was some concerns it wouldnt because of that)

Noble Lite will do fine......

^^ yes I think closer to the hospital is better than living in miles away

Its practically a speciality hospital though. A Cancer Institute.

^^ yes I think closer to the hospital is better than living in miles away
I can't agree with you more. :)

Feb 17, 2006 :

http://img142.imageshack.us/img142/5513/img35574gq.jpg

it's not that so tall but it's okay and nice in overall.I am glad that it's almost done.

Mar 4, 2006 :

http://img363.imageshack.us/img363/4594/p10201491uc.jpg

http://img459.imageshack.us/img459/884/p10201482xb.jpg

http://img459.imageshack.us/img459/2672/p10201475vk.jpg

http://img363.imageshack.us/img363/4366/p10201467sf.jpg

oh this one is working on the crown.. wow so fast... nice for the area to have such a nice building. hope it will look good at night.

Just a little bit too white. :|

^^
don't worry :)
With Bangkok's air it will turn brown soon :D

...and isnt that better than white? hehe :D

^^
don't worry :)
With Bangkok's air it will turn brown soon :D
you are very funny. :hilarious :hilarious :hilarious :hilarious

Noble Development engage talented Architects to design their buildings. Contemporary modern style living is how they brand their projects to a discerning market.

However someone I know who purchased a condo at Noble House Phayathai some years ago said they had so many problems with Noble Development and its sudsidiary companies -World Time Holding (the Noble House Phayathai developer) & S&P Property Management (the Noble House Phayathai management company). All three companies were controlled by Noble directors there was a complete conflict of interest and it wasn't the interests of unit owners they would protect...

Problems? Very little common area for owners to use. Claimed ownership of the swimming pool which is common area (no OR CHOR 2 found...). Registered condo regulations with Lands Dept. with some clauses that breached the Condominium Act 1979 (Lands Dept. don't care if you pay them kickbacks...) other regs they wrote favoured Noble over other others like excusing World Time Holding Co. from paying Corporate Body fees on property they owned in the building. To date World Time have yet to pay sinking fund on their property. The problems go on and on and still go on and NH Phayathai Juristic Office has currently engaged a law firm to bring World Time Holding Co. Ltd. to court for over 20 million baht in unpaid dues...

So be advised when buying a condo not only to look at the bricks and mortar but everything behind the scenes, the building regulations, common areas fees, sinking fund, property manager Co.. Who are the on the condo committee? Are they all puppets of the developer? Ask to read the AGM Minutes of previous years meetings. Get copies of the accounts, are they healthy? Talk to current owners before buying...

Tasteful building design, beautiful seductive sketches and advertsing with promises of "fine inner city living" have all too often turned out a nightmare for many condo buyers...So be warned.

Mar 23, 2006 :

http://img158.imageshack.us/img158/5364/img39809ft.jpg

June 5, 2006 :

http://img113.imageshack.us/img113/8031/img43303lb.jpg

Can't believe that 24 storey building looks so tiny in the pic. Almost finished????

Yep, almost done.

June 11, 2006 :

http://img109.imageshack.us/img109/8026/p10400756up.jpg

http://img109.imageshack.us/img109/2991/p10400767iw.jpg

http://img136.imageshack.us/img136/6813/p10400770pv.jpg

OMG, noble logo on the top make me............. :sleepy: :sleepy: :sleepy:

I kinda like the logo

Lovely logo, very creative.

Jul 1, 2006 :

http://img265.imageshack.us/img265/6918/p10403265jr.jpg

http://img274.imageshack.us/img274/6121/p10403273lj.jpg

http://img416.imageshack.us/img416/5811/p10403283xs.jpg

http://img416.imageshack.us/img416/2226/p10403297ki.jpg

looks good!

WoW completed!!

Considering it's a conventionally shaped white concrete residential under 30 floors it's really awesome. Good job Noble!

^^ :okay:

but it would be nice to see something different in their new projects.

Can't believe that 24 storey building looks so tiny in the pic. Almost finished????
i know it looks so tiny compared to other buildings. looks nice though for a white and boxy bldg. (Bangkok style);)

really not bad! the land plot was very small also

i think this building was prove that 'white paint concrete building' was not bad in all condition at all... this is one of the fineist modern hirise building designed that i ever seen in bangkok!

:D ^^^^I hope you would feel the same thing when you see St. Louis grand terrace,lol!! :D :D

:D ^^^^I hope you would feel the same thing when you see St. Louis grand terrace,lol!! :D :D

Umm
Coz same architects?

Yes, same architect.

Architects associates.

:D ^^^^I hope you would feel the same thing when you see St. Louis grand terrace,lol!! :D :D

oh sorry guy,you guess me wrong :D
i don't like the shape of st.louis a little bit maybe because i appreciate box building : :yes:

^^^Oh! I though you will be strict on its color,lol

Chad, I wonder about your pictures.
How can u shoot them in nice location?

Which picture?

http://img416.imageshack.us/img416/5811/p10403283xs.jpg

http://img416.imageshack.us/img416/2226/p10403297ki.jpg

Like these.

Where did u shoot them from?

Very nice, would not be bad to rent a unit there!

Like these.

Where did u shoot them from?

aree station? i guess

http://i70.photobucket.com/albums/i101/theo8553/DSC01203.jpg

http://i70.photobucket.com/albums/i101/theo8553/DSC01233.jpg

http://i70.photobucket.com/albums/i101/theo8553/DSC01220.jpg

http://i70.photobucket.com/albums/i101/theo8553/DSC01210.jpg

nice updates, Theo, thanks

Sep 17, 2006: completed yet??? :)


http://i98.photobucket.com/albums/l269/mosaic_tu/2006-09-16/P9170021.jpg


http://i98.photobucket.com/albums/l269/mosaic_tu/2006-09-16/P9170020.jpg


http://i98.photobucket.com/albums/l269/mosaic_tu/2006-09-16/P9170019.jpg

Sep 27, 2006: :)


http://i98.photobucket.com/albums/l269/mosaic_tu/2006-09-25/P9270017.jpg

Oct 16, 2006::)


http://i98.photobucket.com/albums/l269/mosaic_tu/2006-10-15/Picture009.jpg

Completely!

Thanks for your Pictures.

Lovely! Wonder how many people will live there and how mnay will remain empty and wait for renters? That has been the case in quite a few projects that have finished in the last 6-12 months in my experience.

Lovely! Wonder how many people will live there and how mnay will remain empty and wait for renters? That has been the case in quite a few projects that have finished in the last 6-12 months in my experience.

true. Noble Ora for example. I have my located just opposite and see the building everyday. looks like it's just 20% occupied. and this since now almost 1 year.

exactly. Just imagine what it is like in some projects that came along later! I really don't know when this is going to change; any thoughts anybody? Where are all the owners?