Condolette Midst Rama 9

5 (1 Review)

Huai Khwang, Huai Khwang,Bangkok

Unit ID: U164262
5% Rental Yield
฿4,004,600 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
30 SqM Size
Floors
12 Floor
Construction
Dec 2014 Completed

1 Bedroom Condo for sale at Condolette Midst Rama 9

This property is a 30 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Condolette Midst Rama 9 project in Huai Khwang, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of ฿4,004,600 (฿133,487/SqM) and it is also available for long term rentals starting from ฿17,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 12
Bedroom 1
Size 30 SqM
Price per SqM ฿133,487
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Foreign Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) City View, Blocked View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,650/mo
Listed By
Private Owner
Date Listed May 7, 2019
Last Updated 1 year ago
Unit ID U164262

Price Analysis

Great Price
Estimated market value ฿4,420,849
Great
฿3,530,000
Good
Fair
Above
฿5,540,000
Current asking Price: ฿4,004,600 | Advertised rental rate: ฿17,000/mo
This condo is ฿416,249 BELOW MARKET (-9%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿4,004,600
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,650/mo
Rent
฿17,000/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
20
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Project Name: Condolette Midst Rama 9
Developer: Pruksa Real Estate
Construction: Completed (Dec 2014)
Floors: 30
Buildings: N/A
Units: 433
Project Area: 3,550 SqM
Nearest Landmark Phra Ram 9 MRT - 0.3 Km
Location: Huai Khwang, Huai Khwang, Bangkok
Condolette Midst Rama 9 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna

Available Units at Condolette Midst Rama 9

For Sale 10 For Rent 7
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Available Units at Condolette Midst Rama 9
฿133,487
Great Price
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
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Available Units at Condolette Midst Rama 9
฿150,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 29 SqM Size
Floor 29 Floor
Thai Quota Fully Furnished City View
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Available Units at Condolette Midst Rama 9
฿168,261
Good Price
Beds 1 Beds
Baths 1 Baths
Size 28.23 SqM Size
Floor 25 Floor
Foreign Quota Fully Furnished City View
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Available Units at Condolette Midst Rama 9
฿156,667
Great Price
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 14 Floor
Thai Quota Fully Furnished City View
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Available Units at Condolette Midst Rama 9
฿150,000
Good Price
Beds 1 Beds
Baths 1 Baths
Size 29 SqM Size
Floor 18 Floor
Foreign Quota Fully Furnished City View
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Available Units at Condolette Midst Rama 9
฿132,571
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 16 Floor
Foreign Quota Fully Furnished Skyline View
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Available Units at Condolette Midst Rama 9
-
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 27 Floor
Fully Furnished City View
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Available Units at Condolette Midst Rama 9
฿171,429
Beds 1 Beds
Baths 1 Baths
Size 21 SqM Size
Floor 8 Floor
Thai Quota Fully Furnished City View
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Available Units at Condolette Midst Rama 9
-
Beds 2 Beds
Baths 2 Baths
Size 57 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished City View
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Available Units at Condolette Midst Rama 9
฿185,714
Good Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 19 Floor
Foreign Quota Fully Furnished City View
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Available Units at Condolette Midst Rama 9
฿155,172
Great Price
Beds 1 Beds
Baths 1 Baths
Size 29 SqM Size
Floor 17 Floor
Thai Quota Fully Furnished City View
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Available Units at Condolette Midst Rama 9
฿168,966
Beds 1 Beds
Baths 1 Baths
Size 29 SqM Size
Floor 9 Floor
Foreign Quota Fully Furnished Skyline View
Get notified when new homes are being added to Condolette Midst Rama 9

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Frequently asked questions

No pets are allowed at Condolette Midst Rama 9 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿55 per square meter based on the size of indoor area of the property and is ฿1,650 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Phra Ram 9 MRT is the nearest MRT from Condolette Midst Rama 9 and it is 0.3 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Condolette Midst Rama 9 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

Do you own a property at Condolette Midst Rama 9?

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Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A beautiful condo in the heart of the Rama 9 area
5 Joshua W., Malaysia, 4 years ago
I came to Thailand to invest in the business, and I've been looking for many condos in potential locations. Finally, I came across this project because it is located in the New Rama 9 CBD area, which caught my interest because it was close to everything. You don't even need your own car because Phra Ram 9 MRT and Makkasan ARL stations are nearby, as well as it is also close to a number of major department stores. Also, the project includes a variety of facilities, including multi-purpose rooms, swimming pools, a garden with viewpoint, fitness centers, and excellent security systems. The room I bought is a 2-bedroom unit with plenty of space, a high ceiling, and good decoration and proportion. There are all of the necessary in-room facilities. It's a project I'd recommend to everyone who enjoys living in a vibrant community.

Bangkok

Huai Khwang

Neighborhood Overview

Location and Neighborhood

Street View

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Project Name
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Location
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Number of units
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฿3.1M - ฿9.03M
▼ -4.6% underpriced
Monthly Rentals
฿13.5K - ฿26.1K
Year Built
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Completion Status
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Number of units
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Monthly Rentals
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Number of units
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