1 Bedroom Condo for sale at Life Asoke Hype

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Makkasan, Ratchathewi,Bangkok
Unit ID: U1132038
5% Rental Yield
฿4,500,000
1 Bedroom
1 Bathroom
35 SqM Size
26 Floor
Jul 2021 Completed

About This Condo

This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Life Asoke Hype project in Makkasan, Bangkok and was completed in Jul 2021. You can buy this condo for a base price of ฿4,500,000 (฿128,571/SqM).

A key feature to hype should you relocate to downtown Bangkok is the location of Life Asoke Hype. It’s at an amazing spot where the current central business district meets the soon-to-be CBD. With MRT, airport rail link, and the expressway to facilitate travel, the area is primed to be the next big business hub in town, making the commuting life more accessible and convenient — connecting you to what is truly a healthy ‘work-life balance’. Close to amenities and transport links.

Features

BalconyBalcony TVTV

Basic Information

Property Type Condo
Floor 26
Bedroom 1
Size 35 SqM
Price per SqM ฿128,571
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%.

N/A
Furniture
N/A
View(s) City 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.
฿1,750/mo
Listed By
Broker Network
Date Listed Jul 22, 2022
Last Updated 6 days ago
Unit ID U1132038

Investment Opportunity: Charges & Yield

Sale Price
฿4,500,000
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.
฿1,750/mo
Est. Rent
฿20,400/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.
18
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Life Asoke Hype, and the current sales price.
5%

Project Details

Project Name: Life Asoke Hype
Developer: AP (Thailand)
Construction: Completed (Jul 2021)
Floors: 40
Buildings: 1
Units: 1253
Project Area: 1,600 SqM
Nearest Landmark Makkasan ARL - 0.4 Km
Location: Makkasan, Ratchathewi, Bangkok
Life Asoke Hype Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Communal Garden Area Communal Garden Area

Popular Facilities at Life Asoke Hype

  • Communal Pool
    7th Floor
  • Communal Garden Area
    7th Floor
  • Communal Gym
    7th Floor
  • Lounge
    7th Floor
  • Reception / Lobby Area
    1st Floor

Available Units at Life Asoke Hype

For Sale 6 For Rent 7
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Available: Oct 25, 2022 Available Units at Life Asoke Hype
-
Beds Studio Beds
Baths 1 Baths
Size 27 SqM Size
Floor 17 Floor
Fully Furnished City View
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Available Units at Life Asoke Hype
฿134,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 15 Floor
Thai Quota Unfurnished City View
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Available: May 1, 2023 Available Units at Life Asoke Hype
-
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 15 Floor
Fully Furnished Unblocked Open View
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Available: Oct 22, 2022 Available Units at Life Asoke Hype
-
Beds Studio Beds
Baths 1 Baths
Size 27 SqM Size
Floor 27 Floor
Unfurnished City View
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Available Units at Life Asoke Hype
฿128,571
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 26 Floor
City View
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Available: Oct 12, 2022 Available Units at Life Asoke Hype
-
Beds Studio Beds
Baths 1 Baths
Size 27 SqM Size
Floor 23 Floor
Fully Furnished City View
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Available Units at Life Asoke Hype
฿140,625
Great Price
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor - Floor
Foreign Quota Built In City View
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Available Units at Life Asoke Hype
฿132,941
Great Price
Beds 1 Beds
Baths 1 Baths
Size 25.50 SqM Size
Floor 34 Floor
Thai Quota Fully Furnished City View
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Available Units at Life Asoke Hype
-
Beds 2 Beds
Baths 2 Baths
Size 64 SqM Size
Floor 34 Floor
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Available Units at Life Asoke Hype
฿131,250
Great Price
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 19 Floor
Thai Quota Built In City View
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Available: Aug 20, 2023 Available Units at Life Asoke Hype
-
Beds Studio Beds
Baths 1 Baths
Size 27 SqM Size
Floor 21 Floor
Fully Furnished City View
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Available: Apr 1, 2023 Available Units at Life Asoke Hype
-
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 9 Floor
Thai Quota Fully Furnished City View
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Available Units at Life Asoke Hype
฿182,250
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 33 Floor
City View
Get notified when new homes are being added to Life Asoke Hype

Loan Calculator

Payment Plan

Payment terms
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
5%
2nd Installment
On handover
95%

Frequently Asked Questions

No pets are allowed at Life Asoke Hype 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 ฿50 per square meter based on the size of indoor area of the property and is ฿1,750 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Life Asoke Hype the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Makkasan ARL is the nearest Airport Rail Link Station from Life Asoke Hype and it is 0.4 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 Life Asoke Hype you have to follow these steps:

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

 


Payment terms
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
5%
2nd Installment
On handover
95%

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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Bangkok
Makkasan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Life Asoke Hype

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Makkasan, Ratchathewi, Bangkok
Number of units
315
Sales Prices
฿4.98M - ฿7.38M
▲ 2.1% overpriced
Monthly Rentals
฿17.9K - ฿26.9K
Year Built
Dec 2016
Completion Status
Completed
Project Name
Life Asoke Rama 9
Location
Makkasan, Ratchathewi, Bangkok
Number of units
2248
Sales Prices
฿4.04M - ฿8.93M
▼ -3.7% underpriced
Monthly Rentals
฿12.8K - ฿47.9K
Year Built
Jan 2020
Completion Status
Completed
Project Name
Rhythm Asoke
Location
Makkasan, Ratchathewi, Bangkok
Number of units
385
Sales Prices
฿3.14M - ฿5.98M
Monthly Rentals
฿9.97K - ฿28.9K
Year Built
Dec 2015
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
423
Sales Prices
฿2.49M - ฿4.49M
▼ -26% underpriced
Monthly Rentals
฿11K
Year Built
Dec 2012
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
325
Sales Prices
฿6.08M - ฿16.9M
▲ 3.6% overpriced
Monthly Rentals
N/A
Year Built
Mar 2021
Completion Status
Completed
Project Name
Rhythm Asoke 2
Location
Makkasan, Ratchathewi, Bangkok
Number of units
346
Sales Prices
฿2.99M - ฿8.46M
▲ 0.3% overpriced
Monthly Rentals
฿12K - ฿28.9K
Year Built
Feb 2017
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
473
Sales Prices
฿4.24M - ฿11.8M
▼ -1% underpriced
Monthly Rentals
฿12K - ฿34.9K
Year Built
Dec 2019
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
599
Sales Prices
฿6.97M - ฿25.5M
▲ 3.6% overpriced
Monthly Rentals
฿19.9K - ฿69.8K
Year Built
Dec 2020
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
500
Sales Prices
฿2.19M - ฿7.33M
▼ -23.8% underpriced
Monthly Rentals
฿9.47K - ฿24.9K
Year Built
Dec 2011
Completion Status
Completed
Project Name
Ideo Mobi Rama 9
Location
Makkasan, Ratchathewi, Bangkok
Number of units
703
Sales Prices
฿3.08M - ฿8.97M
▼ -21% underpriced
Monthly Rentals
฿10.9K - ฿25.9K
Year Built
Dec 2013
Completion Status
Completed
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