Lumpini Park Rama 9 - Ratchada

3.77 (5 Reviews)

Bang Kapi, Huai Khwang,Bangkok

Unit ID: U651092
6% Rental Yield
฿2,600,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
27 SqM Size
Floors
14 Floor
Construction
Dec 2014 Completed

1 Bedroom Condo for sale at Lumpini Park Rama 9 - Ratchada

This property is a 27 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Lumpini Park Rama 9 - Ratchada project in Bang Kapi, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of ฿2,600,000 (฿96,296/SqM) and it is also available for long term rentals starting from ฿12,000 per month.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 14
Bedroom 1
Size 27 SqM
Price per SqM ฿96,296
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) 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.
฿945/mo
Listed By
Private Owner
Date Listed Feb 15, 2021
Last Updated 8 months ago
Unit ID U651092

Price Analysis

Good Price
Estimated market value ฿2,684,549
Great
฿2,600,000
Good
Fair
Above
฿2,660,000
Current asking Price: ฿2,600,000 | Advertised rental rate: ฿12,000/mo
This condo is ฿84,549 BELOW MARKET (-3%) 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
฿2,600,000
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.
฿945/mo
Rent
฿12,000/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.
18
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.
6%

Project Details

Developer: LPN Development
Construction: Completed (Dec 2014)
Floors: 24
Buildings: 2
Units: 1540
Project Area: 14,400 SqM
Nearest Landmark Phra Ram 9 MRT - 1.3 Km
Location: Bang Kapi, Huai Khwang, Bangkok
Lumpini Park Rama 9 - Ratchada 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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Kids Pool Kids Pool
Outdoor Kids Zone Outdoor Kids Zone
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Lumpini Park Rama 9 - Ratchada

  • Communal Pool
    6th Floor
  • Communal Gym
    6th Floor
  • Communal Garden Area
    Ground Floor
  • Outdoor Kids Zone
    Ground Floor
  • Basketball Net
    Ground Floor

Available Units at Lumpini Park Rama 9 - Ratchada

For Sale 26 For Rent 31
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Beds 1 Beds
Baths 1 Baths
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฿84,906
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฿88,091
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Floor 24 Floor
Foreign Quota Unfurnished City View
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฿95,962
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Available Units at Lumpini Park Rama 9 - Ratchada
฿95,962
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Available Units at Lumpini Park Rama 9 - Ratchada
฿85,000
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Available Units at Lumpini Park Rama 9 - Ratchada
฿86,538
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฿81,967
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Available Units at Lumpini Park Rama 9 - Ratchada
฿96,296
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Size 27 SqM Size
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Available Units at Lumpini Park Rama 9 - Ratchada
฿89,135
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Available Units at Lumpini Park Rama 9 - Ratchada
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Available Units at Lumpini Park Rama 9 - Ratchada
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Thai Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
฿91,667
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Foreign Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
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Thai Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
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Available Units at Lumpini Park Rama 9 - Ratchada
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฿103,846
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Thai Quota Partly Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
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Beds 1 Beds
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Beds 1 Beds
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Available Units at Lumpini Park Rama 9 - Ratchada
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Thai Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
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Available Units at Lumpini Park Rama 9 - Ratchada
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Beds 1 Beds
Baths 1 Baths
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Thai Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
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Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
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Thai Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
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Beds 1 Beds
Baths 1 Baths
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Thai Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
฿90,292
Beds 1 Beds
Baths 1 Baths
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Thai Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
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Beds Studio Beds
Baths 1 Baths
Size 22.50 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
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Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
฿96,000
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 24 Floor
Thai Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
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Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
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Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 24 Floor
Thai Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
฿99,667
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 24 Floor
Thai Quota Fully Furnished City View
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Available Units at Lumpini Park Rama 9 - Ratchada
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Beds 1 Beds
Baths 1 Baths
Size 22 SqM Size
Floor 10 Floor
Thai Quota
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Frequently asked questions

No pets are allowed at Lumpini Park Rama 9 - Ratchada 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 ฿35 per square meter based on the size of indoor area of the property and is ฿945 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 Lumpini Park Rama 9 - Ratchada and it is 1.3 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 Lumpini Park Rama 9 - Ratchada 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

3.8 out of 5 3.77
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A Large Room with Nice Garden
3.7 Garnett Wensel, United States, 1 year ago
I bought this condo while it was being built. I inspected the showroom and decided to buy 1 unit then. When the room was completed, I immediately moved here. The condo I stayed in was excellent, situated in the middle of nature. Walking into the project, I felt that it was worth buying it. Many trees cover the communal garden. Also, there is a 7-Eleven convenience store. When I'm hungry or need something urgently, I don't have to go outside the project, just walking down to the 7-Eleven. Moreover, there are relaxation corners set in the communal garden where you can choose to have your leisure time. I have a lot of friends, and I love to have a small party. My friends visit my condo very often. My friends and I always swim and drink a wine watching the stunning sunset view here. There are various essential places nearby, such as malls, MRT stations, and ARL Stations. I can travel everywhen quickly and conveniently. The staff of the condo is also cute with excellent services. I want to thank you very much for taking good care of each other all the time. I want to recommend this condo to everyone. If you like it, let it be one of yours then!
Nice living space near RCA
3.8 Naomi Hott, United States, 2 years ago
It is such a nice condominium with communal pool, a gym, and playground services for all residents for FREE. There is a convenient store as 7-Eleven in the project as well. Also, it is close to RCA, just 5 minutes walk, and conveniently take GrabTaxi services. As for investors, this area will be Bangkok's new CBD; even it is a bit far from BTS and MRT stations, I can take motorbike services anyway.
The condo is suitable for urban living, worthwhile.
4.3 Bradly Leno, Australia, 2 years ago
The beautiful condo features a modern swimming pool and gym. Also, there are 7-Eleven and on-site restaurants. There are also many restaurants in the market areas, only 5 minutes away. It is also close to RCA. Also, it is easy to take Taxis as well. The condo area is private and decorated to be luxurious. As for my room, the interior space is large enough for me, nice and comfortable.
Transportation here is not very convenient.
3 Nila Martello, Poland, 2 years ago
After promoting and moving to Thailand to work, now it's been 2 years since I lived here. There are a lot of things that I like and dislike. I had to adjust a lot during the first time I moved in because I didn't understand the Thai culture. Here, Thai people live about 70%, and a few foreigners are living here. I like that it is not busy even in busy areas. The condo offers a high level of privacy, calmness, and complete facilities. The room I rented is an annual contract with 1 bedroom and 1 bathroom, about 30 sq.m. and separated. There is a kitchen equipped with ready-to-use furniture. It is very suitable for one person. The bedroom is an airy breeze and comfortable and comes with a wardrobe and table with quality products. The bathroom provides good quality sanitary ware from the American Standard brand, even though the condo is close to the main road and expressway. But the design is pretty good. The room was quiet and soundproofed very well. In terms of the common area, I must say that it is full of facilities. There is a fully equipped gym (People come a lot in the evening but I mostly come in the morning and on holidays) There is a very large floating pool on the 6th floor with a seating area around which Sometimes I have my friends come and party here. We can see an excellent view of the evening. There are saunas and multipurpose rooms. If we need anything more, you can contact the staff at the Lobby anytime. I think it's an excellent service at a very affordable price. It is truly worth the investment and stay. The downside is transportation here is not very convenient. I would say that I don't have a car. So, I always use public transportation or taxis to go anywhere. It takes about 20 minutes by walk to reach Rama 9 MRT station. If using a taxi, it is just about 10 minutes. From here, you can connect to any transportation to different places in Bangkok easily and faster furthermore, if you like to party or light up at night. Lumpini Condo Rama 9 is very close to RCA and nightlife areas, and it takes just 10 minutes by walk to the accommodation. Overall, I am impressed and have no plans to relocate. This place is good and worth the price.
Complete facilities with a reasonable rental fee
4 Gwen Waldrop, United Kingdom, 2 years ago
Modern condo with a complete range of facilities, including a swimming pool, a gym, lush green areas, a sauna, and a multi-purpose room. This condo offers a high-security level because there is CCTV around the project and 24 hours security guards. The room fits well and is partly furnished with a cheap rental fee, matching my needs. Unfortunately, there are insufficient car parking spaces for the residents, compared to the numbers of the units. Overall, it's acceptable and convenient!

Bangkok

Bang Kapi

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Projects Nearby Lumpini Park Rama 9 - Ratchada

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