Oriental Residence Bangkok

4.89 (3 Reviews)

Lumphini, Pathum Wan,Bangkok

Unit ID: U36320
4% Rental Yield
฿13,500,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
56.14 SqM Size
Floors
23 Floor
Construction
Dec 2009 Completed

1 Bedroom Condo for sale at Oriental Residence Bangkok

This property is a 56.14 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Oriental Residence Bangkok project in Lumphini, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿13,500,000 (฿240,470/SqM) and it is also available for long term rentals starting from ฿50,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 23
Bedroom 1
Size 56.14 SqM
Price per SqM ฿240,470
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
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.
฿3,930/mo
Listed By
Private Owner
Date Listed Nov 2, 2017
Last Updated 1 year ago
Unit ID U36320

Investment Opportunity: Charges & Yield

Sale Price
฿13,500,000
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.
฿3,930/mo
Rent
฿50,000/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.
23
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.
4%

Project Details

Developer: N/A
Construction: Completed (Dec 2009)
Floors: 32
Buildings: N/A
Units: 145
Project Area: N/A
Nearest Landmark Phloen Chit BTS - 0.6 Km
Location: Lumphini, Pathum Wan, Bangkok
Oriental Residence Bangkok 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
Sauna Sauna

Available Units at Oriental Residence Bangkok

For Sale 1 For Rent 2
Get notified when new homes are being added to Oriental Residence Bangkok

Loan Calculator

Frequently asked questions

No pets are allowed at Oriental Residence Bangkok 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 ฿70 per square meter based on the size of indoor area of the property and is ฿3,930 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.
Phloen Chit BTS is the nearest BTS from Oriental Residence Bangkok 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 Oriental Residence Bangkok 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

4.9 out of 5 4.89
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A 5-star good service
5 Lydia Carling, Turkey, 11 months ago
A 5-star service condo with beautiful and pleasant rooms. Besides the beautiful rooms, many services are included, such as a banqueting hall, conference room and organize special events. The facilities are clean, beautifully decorated, and secure. Parking lots are also sufficient for the residents. Also, there is a shuttle bus service to the nearby places like Chidlom BTS, without using any private cars, which is considered convenient. I'll stay here again if I have a chance to work here as it's convenient with a good location. The project also provides complete facilities to make life convenient. The price is also suitable for the quality. Excellent all !!
Marvelous project for luxurious and comfy stay
4.7 Francesca Castro, Spain, 3 years ago
I stayed here for 2 months during my work trip in Thailand because it's near the embassy of America. The project is located at Witthayu Road, near BST, making my living in BKK easier than I thought. The project itself is super stunning in oriental style, which I originally love. The color scheme is comforting. Also, there is a monthly rate offered, which is worthwhile. The room is wide, and the facilities are complete and elegant, such as a pool, gym, and on-site restaurants. Oh! I also love the privacy because the project is pretty quiet with good management.
Such a perfect place, very worth the price!!!
5 Derek Izzi, Italy, 3 years ago
We love this place. It is perfect and has a beautiful, elegant, and classic decoration from the lobby and the room. The semi-open pool is beautiful, always gets a good wind and can see the city view too. There is a good location in the central business district, but there is still a quiet atmosphere here and not crowded. Very convenient for both public transportation and private cars and just about 700 meters from Phloen Chit BTS station. Very worth the price!!

Bangkok

Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

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