Chokchai Village 4 (โชคชัย วิลเลจ 4)

🏘️ Project Overview

• Developer : Chokchai Group.

• Segment : positioned in the Economy to Main Class (Affordable to Mid-Market) segment.

• Project Type : A low-rise, gated residential housing community.

• Project Area Size : approximately 42 Rai (67,200 square meters).

• Total Units : approximately 92 residential units.

• Completion : January 2010

• Ownership : Freehold

• Property Types

  • Townhouses / Townhomes (1–2 Stories) : Land Size 24 Sq.Wah (96 sq.m.). , Usable Living Area: Ranges from 62 to 100 sq.m., featuring 2 to 3 bedrooms.

  • Detached Single Houses (1–2 Stories) : Land Size: Spans from 32 to 60 Sq.Wah (128 to 240 sq.m.). Larger corner plots can reach up to 114 Sq.Wah (456 sq.m.). , Usable Living Area: Typically ranges between 120 to 154 sq.m.

🛡️ Facilities & Amenities

• Security: 24-hour security guards, CCTV surveillance, and a secure main entrance gate.

• Recreation: A communal outdoor swimming pool and a small landscape garden/park area.

• Parking: Private secure parking garages within each residential property.

• Streets: Wide, concrete internal roads allowing easy two-way traffic for residents.

📊 Market Statistics

• Price per Square Meter Insights

  • Average Asking Price : Approximately ~฿28,500 – ฿30,000 THB per sq.m.

  • Market Comparison : This pricing trends roughly 35.6% below the broader Bang Lamung district average ($1,286 USD/sq.m.) and 32.7% below the Chonburi provincial average ($1,230 USD/sq.m.).

  • Value Proposition : The lower price-per-square-meter makes it highly attractive for buyers seeking maximum indoor/outdoor living area per Baht spent compared to expensive beachfront condos.

• Rental Yields & Investment Potential

  • Average Monthly Rental Rates : Townhouses / Townhomes (2-3 Bedrooms): ฿12,000 – ฿18,000 / month , Detached Single Houses (1-2 Stories): ฿20,000 – ฿30,000+ / month

  • Gross Rental Yield: The project delivers an estimated gross rental yield of 6.0% to 6.8%,

• Common Area Maintenance (CAM) Fees : Ranges between ฿1,000 to ฿1,500 THB per month

📍 Nearby Distance

• Tops Daily (Nern Plub Wan Branch) : 500 meters

• Ratanakorn Fresh Market : 1.5 kilometers

• Central Pattaya Mall : 5.8 kilometers

• Sawang Boriboon Wittaya School : 1.8 kilometers

• Tara Pattana International School (TPIS) : 4.8 kilometers

• Bangkok Hospital Pattaya : 4.5 kilometers

• Pattaya Memorial Hospital : 6.2 kilometers

• Central Pattaya Beach : 6.5 kilometers