Lumpini Place Rama IX-Ratchada

5 (1 Review)

Huai Khwang, Huai Khwang,Bangkok

Unit ID: U637590
3% Rental Yield
฿4,020,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
34 SqM Size
Floors
13 Floor
Construction
Dec 2009 Completed

1 Bedroom Condo for sale at Lumpini Place Rama IX-Ratchada

This property is a 34 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Lumpini Place Rama IX-Ratchada project in Huai Khwang, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿4,020,000 (฿118,235/SqM) and it is also available for long term rentals starting from ฿11,000 per month.

Lumpini Place Rama 9 - Ratchada Fully Furnished

Sale and For Rent 1 bed 1 toilet 34sqm. ,12AFloors - 1 TV LCD 32” - 1 Washing Machine 8.5 kg. - 2 Air Conditions - 1 Water Heater - 1 Microwave Dinner Table and Chairs , bed , sofa Rent 11,000/m (included property fee) Sale 3.99M

Features

Corner UnitCorner Unit BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 13
Bedroom 1
Size 34 SqM
Price per SqM ฿118,235
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, 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.
฿1,190/mo
Listed By
Private Owner
Date Listed Oct 27, 2020
Last Updated 1 year ago
Unit ID U637590

Price Analysis

Above Average
Estimated market value ฿3,054,193
Great
฿1,990,000
Good
Fair
Above
฿4,450,000
Current asking Price: ฿4,020,000 | Advertised rental rate: ฿11,000/mo
This condo is ฿965,807 ABOVE MARKET (32%) 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
฿4,020,000
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.
฿1,190/mo
Rent
฿11,000/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.
30
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.
3%

Project Details

Developer: LPN Development
Construction: Completed (Dec 2009)
Floors: 30
Buildings: 4
Units: 1165
Project Area: 24,400 SqM
Nearest Landmark Phra Ram 9 MRT - 0.6 Km
Location: Huai Khwang, Huai Khwang, Bangkok
Lumpini Place Rama IX-Ratchada 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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at Lumpini Place Rama IX-Ratchada

For Sale 7 For Rent 9
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Available Units at Lumpini Place Rama IX-Ratchada
฿100,000
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 20 Floor
Thai Quota Negotiable
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Available Units at Lumpini Place Rama IX-Ratchada
฿89,189
Beds 1 Beds
Baths 1 Baths
Size 37 SqM Size
Floor 18 Floor
Thai Quota City View
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Available Units at Lumpini Place Rama IX-Ratchada
-
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 18 Floor
Fully Furnished Park View
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Available Units at Lumpini Place Rama IX-Ratchada
฿91,658
Great Price
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished City View
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Available Units at Lumpini Place Rama IX-Ratchada
-
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 21 Floor
Fully Furnished City View
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Available Units at Lumpini Place Rama IX-Ratchada
฿89,189
Beds 1 Beds
Baths 1 Baths
Size 37 SqM Size
Floor 18 Floor
Thai Quota City View
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Available Units at Lumpini Place Rama IX-Ratchada
฿87,500
Beds 2 Beds
Baths 2 Baths
Size 72 SqM Size
Floor 22 Floor
Fully Furnished City View
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Available Units at Lumpini Place Rama IX-Ratchada
-
Beds 1 Beds
Baths 1 Baths
Size 37 SqM Size
Floor 22 Floor
Fully Furnished City View
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Available Units at Lumpini Place Rama IX-Ratchada
-
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 9 Floor
Thai Quota Fully Furnished City View
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Available Units at Lumpini Place Rama IX-Ratchada
฿118,235
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 13 Floor
Thai Quota Fully Furnished City View
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Available Units at Lumpini Place Rama IX-Ratchada
฿105,728
Beds 1 Beds
Baths 1 Baths
Size 37.69 SqM Size
Floor 16 Floor
Thai Quota Fully Furnished City View
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Available Units at Lumpini Place Rama IX-Ratchada
-
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 16 Floor
Fully Furnished City View
Get notified when new homes are being added to Lumpini Place Rama IX-Ratchada

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Frequently asked questions

No pets are allowed at Lumpini Place Rama IX-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 ฿1,190 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 Place Rama IX-Ratchada and it is 0.6 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 Place Rama IX-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

Do you own a property at Lumpini Place Rama IX-Ratchada?

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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
Condo in the best location
5 Andy Green, Austria, 3 years ago
This condo is perfect for my lifestyle, close to Central and Phra Ram 9 MRT, only a few minutes walk. This project has many room types starting from studio rooms to 2 bedrooms. My room is nice and is fully furnished. Most importantly, there are many facilities within the project, such as a pool, fitness center, shop, and restaurant, so you do not have to go out to find excellent food. Very good!

Bangkok

Huai Khwang

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Lumpini Place Rama IX-Ratchada

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Project Name
Location
Number of units
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Project Name
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▼ -15% underpriced
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Number of units
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Number of units
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฿3.05M - ฿8.89M
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Number of units
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Year Built
Dec 2014
Completion Status
Completed
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