Muniq Sukhumvit 23

4.67 (1 Review)

Khlong Toei Nuea, Watthana,Bangkok

Unit ID: U73012
5% Rental Yield
฿9,800,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
42.50 SqM Size
Floors
17 Floor
Construction
Feb 2020 Completed

1 Bedroom Condo for sale at Muniq Sukhumvit 23

This property is a 42.50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Muniq Sukhumvit 23 project in Khlong Toei Nuea, Bangkok and was completed in Feb 2020. You can buy this condo for a base price of ฿9,800,000 (฿230,588/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 17
Bedroom 1
Size 42.50 SqM
Price per SqM ฿230,588
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
Furniture
Unfurnished
View(s) N/A
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.
฿4,038/mo
Listed By
Private Owner
Date Listed Apr 18, 2018
Last Updated 8 months ago
Unit ID U73012

Investment Opportunity: Charges & Yield

Sale Price
฿9,800,000
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.
฿4,038/mo
Est. Rent
฿38,200/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.
21
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 Muniq Sukhumvit 23, and the current sales price.
5%

Project Details

Project Name: Muniq Sukhumvit 23
Developer: Major Development
Construction: Completed (Feb 2020)
Floors: 36
Buildings: 1
Units: 201
Project Area: 2,140 SqM
Nearest Landmark Sukhumvit MRT - 0.2 Km
Location: Khlong Toei Nuea, Watthana, Bangkok
Muniq Sukhumvit 23 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Mini Theater Mini Theater
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Muniq Sukhumvit 23

  • Communal Pool
    35th Floor
  • Communal Gym
    35th Floor
  • Reception / Lobby Area
    Ground Floor
  • Communal Garden Area
    35th Floor
  • Mini Theater
    Rooftop

Available Units at Muniq Sukhumvit 23

For Sale 6 For Rent 4
Get notified when new homes are being added to Muniq Sukhumvit 23

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Frequently asked questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Muniq Sukhumvit 23.
The common area maintenance fee is ฿95 per square meter based on the size of indoor area of the property and is ฿4,038 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 Muniq Sukhumvit 23 the required payment for the sinking fund is ฿900 per square meter based on the size of the indoor area of the property.
Sukhumvit MRT is the nearest MRT from Muniq Sukhumvit 23 and it is 0.2 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 Muniq Sukhumvit 23 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

4.7 out of 5 4.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Worth for investment in a prime location of Bangkok
4.7 Daniel Wong, Singapore, 1 year ago
From the investor's view, I think Muniq 23 is an interesting condominium in the Asoke area, a CBD area of Bangkok. You can say the location is just premium. The highlight of this project is its architecture, both exterior and interior. From the outside, you will see the building designed in different tiers from the well-known designer. I think the concept is to respond to the lifestyles of urban people nowadays. The condo is stunning and modern, plus, the common areas look so inviting with large greenery space, a pool with a sky view, and a gym. More than that, there is a private theater for the residents to spend time together. The condo's rooftop has a panorama lounge where the residents can enjoy the endless view and the bar. The room I went for inspection was 69 sq.m. It was decorated luxuriously with the warm-tone color. In the bedroom, there is a floor-to-ceiling window at the corner so you can enjoy the view from your bed and get natural light. The kitchen is decorated with marble, so it looks so clean and elegant. The location is convenient for private and public vehicles. You can easily access BTS and MRT. The neighborhood is also wealthy for living with facilities such as restaurants, offices, the Interchange 21 building, and shopping malls like Terminal 21. After visiting the project, I can say that it's worth investing, although it's a bit pricey. It will give you a good return in the future.

Bangkok

Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

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