Metro Sky Prachachuen

2.58 (1 Review)

Wong Sawang, Bang Sue,Bangkok

Unit ID: U64189
6% Rental Yield
฿3,839,220 ฿4,453,937 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
38.78 SqM Size
Floors
18 Floor
Construction
Dec 2017 Completed

1 Bedroom Condo for sale at Metro Sky Prachachuen

This property is a 38.78 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Metro Sky Prachachuen project in Wong Sawang, Bangkok and was completed in Dec 2017. You can buy this condo for a base price of ฿3,839,220 (฿99,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 18
Bedroom 1
Size 38.78 SqM
Price per SqM ฿99,000
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%.

Foreign Quota, Thai Quota, Company
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Park View
Unit Type 1BR Moff
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.
฿1,357/mo
Listed By
Developer
Date Listed Feb 13, 2018
Last Updated 1 week ago
Unit ID U64189

Price Analysis

Great Price
Estimated market value ฿4,446,812
Great
฿4,390,000
Good
Fair
Above
฿4,770,000
Current asking Price: ฿3,839,220 | Rental estimate: ฿17,900/mo
This condo is ฿607,592 BELOW MARKET (-14%) 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
฿3,839,220
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.
฿1,357/mo
Est. Rent
฿17,900/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 Metro Sky Prachachuen, and the current sales price.
6%

Project Details

Project Name: Metro Sky Prachachuen
Developer: Property Perfect
Construction: Completed (Dec 2017)
Floors: 24
Buildings: 3
Units: 1320
Project Area: 12,132 SqM
Nearest Landmark Bang Son MRT - 0.5 Km
Location: Wong Sawang, Bang Sue, Bangkok
Metro Sky Prachachuen Project Details

Project Features

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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Outdoor Kids Zone Outdoor Kids Zone
Library / Reading Room Library / Reading Room
Lounge Lounge
Outdoor Putting Green Outdoor Putting Green
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access
Shuttle Bus Shuttle Bus

Popular Facilities at Metro Sky Prachachuen

  • Communal Gym
    7th Floor
  • Communal Pool
    7th Floor
  • Communal Garden Area
    7th Floor
  • Communal Pool
    Rooftop
  • Communal Gym
    Rooftop
  • Communal Garden Area
    Rooftop

Loan Calculator

Payment Plan

Option A
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Within 1 month
30%
2nd Installment
12 months
70%
Option B
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Within 1 month
30%
2nd Installment
6 months
70%
Option C
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Within 3 months
30%
2nd Installment
12 months
70%
Option D
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Within 3 months
30%
2nd Installment
6 months
70%

Frequently asked questions

No pets are allowed at Metro Sky Prachachuen 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 ฿1,357 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 Metro Sky Prachachuen the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Bang Son MRT is the nearest MRT from Metro Sky Prachachuen and it is 0.5 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 Metro Sky Prachachuen you have to follow these steps:

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

 


Option A
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Within 1 month
30%
2nd Installment
12 months
70%
Option B
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Within 1 month
30%
2nd Installment
6 months
70%
Option C
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Within 3 months
30%
2nd Installment
12 months
70%
Option D
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Within 3 months
30%
2nd Installment
6 months
70%

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 Metro Sky Prachachuen?

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Reviews

2.6 out of 5 2.58
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Its in Nonthaburi not Bangkok
2.6 Verified Visitor, 1 year ago
This is a bit isolated project in Nonthaburi, The actual skytrain station in front of the project is not in use. I find the units of poor quality and the overall management is mediocre. This project is good for people who work in Nonthaburi. The facilities are just typical and not impressive.

Bangkok

Wong Sawang

Neighborhood Overview

Location and Neighborhood

Street View

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