Diamond Tower

4.08 (4 Reviews)

Si Lom, Bang Rak,Bangkok

Unit ID: U675304
4% Rental Yield
฿5,500,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
76 SqM Size
Floors
5 Floor
Construction
Dec 1984 Completed

1 Bedroom Condo for sale at Diamond Tower

This property is a 76 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Diamond Tower project in Si Lom, Bangkok and was completed in Dec 1984. You can buy this condo for a base price of ฿5,500,000 (฿72,368/SqM) and it is also available for long term rentals starting from ฿19,500 per month.

Diamond Tower is an iconic landmark of area Silom

Fully furnished, 1 bedroom with a small kitchen, living room and bathroom. 76sqm Minimum renting period is 3months. This area is the answer to Wall Street, near to all transportation, shopping, banks, famous Lumphini Park and Lumphini Muay Thai Stadium. Endless of opportunities if you choose to stay here. 

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 5
Bedroom 1
Size 76 SqM
Price per SqM ฿72,368
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%.

Thai 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) Park View, City View, Pool 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.
฿1,292/mo
Listed By
Private Owner
Date Listed Mar 24, 2021
Last Updated 6 months ago
Unit ID U675304

Investment Opportunity: Charges & Yield

Sale Price
฿5,500,000
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.
฿1,292/mo
Rent
฿19,500/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.
24
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.
4%

Project Details

Project Name: Diamond Tower
Developer: N/A
Construction: Completed (Dec 1984)
Floors: 23
Buildings: N/A
Units: 100
Project Area: N/A
Nearest Landmark Chong Nonsi BTS - 0.7 Km
Location: Si Lom, Bang Rak, Bangkok
Diamond Tower Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna

Available Units at Diamond Tower

For Sale 1 For Rent 2
Get notified when new homes are being added to Diamond Tower

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Frequently asked questions

The common area maintenance fee is ฿17 per square meter based on the size of indoor area of the property and is ฿1,292 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.
Chong Nonsi BTS is the nearest BTS from Diamond Tower and it is 0.7 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 Diamond Tower 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

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Reviews

4.1 out of 5 4.08
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent location, right next to BTS
3.8 Ken Byram, United States, 2 years ago
A condominium next to Chong Nonsi BTS, outstanding with distinctive design. Although the building is a bit old and the outside looks like it is not maintained, the room has been significantly renovated. Fully furnished with modern furniture. The condo has common areas such as a swimming pool and a small fitness center. Plus, the rental price is also reasonable for such a good location, it is very worthwhile.
Good location, easy to travel, and convenient life
3.8 Fran Sechrist, Mexico, 2 years ago
An affordable old condo with a good location and convenient for life. The project site is well-maintained and complete facilities, comprising a communal pool and a gym. Although it's quite old, it's clean and pleasant to use. Reasonable price, for me!
The condo is situated in an ideal location
4.7 Noah Glowacki, Belgium, 3 years ago
The building exterior looks old, but my room is quite new because of the recent renovation. My room has spacious 2 bedrooms. As it's on the 12th floor, you can fully enjoy the city view and airy atmosphere. Large fitness center. Although the exercise equipment is old, it's in good condition. The location is ideal, near Chong Nonsi BTS, making commuting easy. It will be very demanding in the future.
Beautiful condominium located in the business district area
4 Sasipim W., Thailand, 3 years ago
I'm impressed to stay at this project because it is good as it is close to Chong Nonsi BTS and in a prosperous business district area. It suits our needs and worth the investment. Diamond Tower is a relatively old condominium. With a prime location, I have bought it and renovated it in my style. Originally, the rooms' decorations are okay, but I want to decorate to match my style. Also, many facilities make life easier, including popular shopping centers, convenience stores, and restaurants. It is very convenient. The location is considered good and close to everything, connected in all directions, complete, and very worthwhile. I'm not disappointed. Apart from that, the neighbors are okay. Unfortunately, pets are not allowed. In fact, this condo is not suitable for raising pets.

Bangkok

Si Lom

Neighborhood Overview

Location and Neighborhood

Street View

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