Life Asoke Hype

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Makkasan, Ratchathewi,Bangkok

Unit ID: U897750
Sold Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
32 SqM Size
Floors
9 Floor
Construction
Jul 2021 Completed

1 Bedroom Condo for sale at Life Asoke Hype

This property is a 32 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 ฿3,810,000 (฿119,063/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 9
Bedroom 1
Size 32 SqM
Price per SqM ฿119,063
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
Unfurnished
View(s) City View
Unit Type N/A
Building N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,600/mo
Listed By
Private Owner
Date Listed May 25, 2021
Last Updated 3 weeks ago
Unit ID U897750

Price Analysis

Great Price
Estimated market value ฿4,798,144
Great
฿2,440,000
Good
Fair
Above
฿6,790,000
Current asking Price: ฿3,810,000
This condo is ฿988,144 BELOW MARKET (-21%) 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.
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Investment Opportunity: Charges & Yield

CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,600/mo

Project Details

Project Name: Life Asoke Hype
Developer: AP (Thailand)
Construction: Completed (Jul 2021)
Floors: 40
Buildings: N/A
Units: 1253
Project Area: N/A
Nearest Landmark Makkasan ARL - 0.4 Km
Location: Makkasan, Ratchathewi, Bangkok
Life Asoke Hype 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
Reception / Lobby Area Reception / Lobby Area
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
Deposit payable to AP in 7 days after the booking date
5%
Down Payment
20% deposit payable to AP in 45 days after the booking date
20%
1st Installment
On handover
75%

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 ฿1,600 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 ARL 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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
Deposit payable to AP in 7 days after the booking date
5%
Down Payment
20% deposit payable to AP in 45 days after the booking date
20%
1st Installment
On handover
75%

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

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