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Noble Development Public Company Limited is a publicly listed property development company incorporated in Bangkok, Thailand. The company listed its shares on the stock exchange of Thailand in June 1997 (stock quote: NOBLE). The core businesses of the company are residential project development. Noble was founded in 1991 by a visionary group of Thai businessmen led by Mr.Kitti Thanakitamnuay.
Until now, Noble had 20 projects consisting of 10 detached housing projects
and 9 condominium projects (total 5,600 residential units to be developed) including 2 retail projects. The total projects had an approximate market value in 2006 of US$ 640 million.
Noble projects followed innovative approach in design and construction have marked the name of Noble so much that earns the modern living a place in the heart of most Thai homeowners.
The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure.
In Thailand non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years and most developers will offer 3 terms for a total of 90 years.
A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.
Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.
#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
After you have found the right property at Nue Connex House Don Mueang you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Payment Term Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 15% 2nd Installment 37 days after contract signing 15% 3rd Installment On handover 70%
Nue Connex House Don Mueang is conveniently located just 570 m from Jiffy @PTT Don Mueang (Departures), which can be reached within 8 mins. by foot.
There are many other shops situated in the area of Nue Connex House Don Mueang, the 3 closest being:
- Infinite Home Don Mueang (Vibhavadi Rangsit 41) is 5.1 km away (an approx. drive of 7 mins.)
- Supply Event is 5.2 km away (an approx. drive of 8 mins.)
- Siam Grass is 5.2 km away (an approx. drive of 8 mins.)
The surrounding area, where Nue Connex House Don Mueang is situated, offers a wide variety of restaurants. See the closest of them below:
- BLACK CANYON Kitchen is 560 m away (a walk of about 8 mins.)
- Krua Thai Curry Rice is 620 m away (a walk of about 8 mins.)
- Day of Mala Day of Mala is 760 m away (a walk of about 9 mins.)
BP Medical Company Limited is the nearest health facility, which is 5.5 km away (you can drive there in 8 mins.) from the project, while the closest schools in the proximity of Nue Connex House Don Mueang are:
- Research and Development of Educational Technology Media for Persons with Disabilities is 520 m away (about 7 mins. by foot)
- Phahon Yothin School (Puang Charoen Upatham School) is 720 m away (about 10 mins. by foot)
- development is 390 m away (about 5 mins. by foot)
hire a taxi is located 15.0 km from Nue Connex House Don Mueang and it takes about 15 mins. by car or taxi (depending on the traffic) to get there.