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Park Royal 3

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฿4,100,000 - ฿4,500,000

Sale

฿15,000 - ฿19,500

Rental

-

Floors

-

Status

฿4,100,000 - ฿4,500,000

Sale

฿15,000 - ฿19,500

Rental

-

Floors

-

Status

Park Royal 3 is a sophisticated low-rise condominium complex located in the serene enclave between Jomtien Beach and South Pattaya Beach, Bang Lamung, Chonburi. Completed in March 2012 by Heights Holdings, the project features two 8-floor buildings with a total of 140 modern residential units. The architectural style blends modern aesthetics with tropical design, creating an inviting and relaxing atmosphere. Residents enjoy a tranquil lifestyle while being just a 5-minute drive from bustling Pattaya city center and approximately 400 meters walking distance to South Pattaya Beach. Unit types include studios (45 sq.m), 1-bedroom units (45 sq.m), 2-bedroom units (75–100 sq.m), and 3-bedroom units (100 sq.m). Facilities include three passenger elevators per building, conventional parking (70% parking-to-unit ratio), concierge services, landscaped gardens, a swimming pool, jacuzzi, fully-equipped gym, 24-hour security with CCTV, and free Wi-Fi in common areas. Pets are not allowed, and the common area maintenance fee is ฿40 per sq.m, with no onsite charging stations. For Thai or Company Ownership, the reservation deposit is ฿50,000, 15% is due at contract signing, and the 85% balance within 1 month. For Foreign Ownership, the reservation deposit is ฿50,000, 30% is due at contract signing, and the 70% balance within 1 month.

Situated at 519/12 Phratamnak Road, Soi 6, Bang Lamung, Park Royal 3 offers convenient access to major thoroughfares:

  • 2.9 km from Thepprasit Road, connecting to the heart of Pattaya
  • Easy reach of Thep Phraya intersection and Highway 3 for travel toward Bangkok or Rayong
  • Close proximity to vibrant beaches, entertainment venues, renowned restaurants, and shopping centers

Area Highlights – Convenient Living

Bang Lamung district, part of Chonburi province, is a rapidly developing area enriched with amenities perfect for residents and investors:

  • Healthcare: Several well-regarded hospitals, including Bangkok Pattaya Hospital and Pattaya International Hospital, ensuring excellent medical services.
  • Education: Nearby quality institutions like Regents International School, and St. Andrews International School, ideal for families and expats.
  • Retail and Leisure: Easy access to Central Festival Pattaya Beach, Big C, Tesco Lotus, and numerous local markets. Popular recreational spots include Pattaya Floating Market, Cartoon Network Amazone Waterpark, and golf courses.
  • Transportation: Excellent connectivity through local roads, public transport options, and proximity to U-Tapao International Airport.

Building Facilities and Features

  • Кондиционер воздуха
  • 108
  • Рядом с пляжем
  • Фитнес-центр
  • Гольф-поле рядом
  • Ключ-карта
  • Парковка
  • Общий ресторан

Market Overview:

Average condo price in Bang Lamung: approx. ฿4,500,000 (USD129,811 / AUD191,000 / GBP104,000 / CNY918,000)

Average price per sqm: ฿138,600 (USD4,000 / AUD5,880 / GBP3,200 / CNY28,350)*
* Year-on-year price rise: +17.1% as of April 2025

Average rental price: USD900/month (approx. ฿31,100 / AUD1,330 / GBP755 / CNY6,930)

Rental yield potential: Between 5%–7% depending on unit type and location

Note: Park Royal 3 average sale price per sqm is ฿52,260 (USD1,488) reflecting a more affordable entry point relative to the district average, presenting an opportunity to capitalize on value growth.

Pricing at Park Royal 3:

  • Units for sale range from ฿1,756,000 to ฿5,720,000 (USD52,832 to USD172,083 / AUD77,800 to AUD253,600 / GBP42,400 to GBP138,000 / CNY374,000 to CNY1,210,000)
  • Average sale price at Park Royal 3 is approximately 41% below the average for Bang Lamung condos, highlighting excellent value potential
  • Properties in the area have historically appreciated by 4% above their initial listing price
  • Sales prices at Park Royal 3 have increased by 8.1% over the past year, indicating a positive investment trend

Rental Demand:

  • Average rent price at Park Royal 3 is around USD8 (฿276) per sqm, currently below district average but attractive for cost-conscious tenants
  • Rental prices in Bang Lamung rose by 19% year-on-year, signaling strong demand and growing returns
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Park Royal 3

Park Royal 3 – 2 Bed 2 Bath in Pratamnak PC3116

  • Beds: 2
  • Baths: 2
  • 83 sqm

Conclusion

Park Royal 3 offers an exceptional opportunity to purchase a stylish, low-rise condominium in a prime location close to Pattaya’s lively beaches yet nestled in peaceful surroundings. Whether you seek a comfortable home, a vacation getaway, or a lucrative investment asset, this development ticks all the boxes with its modern amenities, strategic location, and affordable pricing relative to market averages.

Investment Highlights

  • Strong past price appreciation
  • Growing rental market
  • Attractive returns both short- and long-term
  • Located in one of Thailand’s most sought-after coastal districts

For more information or to arrange a viewing, contact Pattaya Prestige Properties today. Secure your place in this tropical paradise now!

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