1 Bedroom Condo for sale at Park Origin Phayathai

5 (1 Review)
Thung Phaya Thai, Ratchathewi,Bangkok
Unit ID: U1121318
4% Rental Yield
฿7,910,000
1 Bedroom
1 Bathroom
24.57 SqM Size
18 Floor
Aug 2021 Completed

About This Condo

This property is a 24.57 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Park Origin Phayathai project in Thung Phaya Thai, Bangkok and was completed in Aug 2021. You can buy this condo for a base price of ฿7,910,000 (฿321,937/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 18
Bedroom 1
Size 24.57 SqM
Price per SqM ฿321,937
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
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City View
Unit Type 1BR
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.
฿2,334/mo
Listed By
Developer
Date Listed Jul 11, 2022
Last Updated 2 months ago
Unit ID U1121318

Investment Opportunity: Charges & Yield

Sale Price
฿7,910,000
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.
฿2,334/mo
Est. Rent
฿25,700/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.
26
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 Park Origin Phayathai, and the current sales price.
4%

Project Details

Project Name: Park Origin Phayathai
Developer: Origin Property
Construction: Completed (Aug 2021)
Floors: 35
Buildings: 1
Units: 550
Project Area: 3,744 SqM
Nearest Landmark Phaya Thai ARL - 0.3 Km
Location: Thung Phaya Thai, Ratchathewi, Bangkok
Park Origin Phayathai 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
Reception / Lobby Area Reception / Lobby Area
Yoga Area Yoga Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Mini Theater Mini Theater
Library / Reading Room Library / Reading Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Park Origin Phayathai

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    12th Floor
  • Communal Gym
    12th Floor
  • Lounge
    12th Floor
  • Library / Reading Room
    13th Floor
  • Co-Working Space / Meeting Room
    Ground Floor
  • Mini Theater
    13th Floor
  • Steam Room
    12th Floor
  • Communal Garden Area
    18th Floor

Available Units at Park Origin Phayathai

For Sale 12 For Rent 3
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Available Units at Park Origin Phayathai
-
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 10 Floor
Fully Furnished City View
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Available Units at Park Origin Phayathai
฿281,525
Beds 1 Beds
Baths 1 Baths
Size 34.10 SqM Size
Floor 4 Floor
Foreign Quota Built In City View
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Available Units at Park Origin Phayathai
฿288,881
Beds 1 Beds
Baths 1 Baths
Size 28.87 SqM Size
Floor 11 Floor
Foreign Quota Built In City View
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Available Units at Park Origin Phayathai
-
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 9 Floor
Thai Quota Fully Furnished City View
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Available Units at Park Origin Phayathai
฿267,241
Beds 1 Beds
Baths 1 Baths
Size 29 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished Unblocked Open View
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Available Units at Park Origin Phayathai
฿271,429
Beds 1 Beds
Baths 1 Baths
Size 28 SqM Size
Floor 12 Floor
Thai Quota Negotiable City View
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Available Units at Park Origin Phayathai
฿328,096
Beds 2 Beds
Baths 2 Baths
Size 48.37 SqM Size
Floor 20 Floor
Foreign Quota Built In City View
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Available Units at Park Origin Phayathai
฿370,851
Beds 2 Beds
Baths 2 Baths
Size 59.35 SqM Size
Floor 31 Floor
Foreign Quota Built In City View
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Available Units at Park Origin Phayathai
-
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 8 Floor
Fully Furnished City View
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Available Units at Park Origin Phayathai
฿273,356
Beds 1 Beds
Baths 1 Baths
Size 28.90 SqM Size
Floor 12 Floor
Thai Quota Unfurnished City View
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Available Units at Park Origin Phayathai
฿321,937
Beds 1 Beds
Baths 1 Baths
Size 24.57 SqM Size
Floor 18 Floor
Foreign Quota Built In City View
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Available Units at Park Origin Phayathai
฿376,437
Beds 2 Beds
Baths 2 Baths
Size 55.68 SqM Size
Floor 32 Floor
Foreign Quota Built In City View
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Available Units at Park Origin Phayathai
฿326,677
Beds 1 Beds
Baths 1 Baths
Size 33.55 SqM Size
Floor 18 Floor
Foreign Quota Built In City View
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Available Units at Park Origin Phayathai
฿281,128
Beds 1 Beds
Baths 1 Baths
Size 33.33 SqM Size
Floor 3 Floor
Foreign Quota Built In City View
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Available Units at Park Origin Phayathai
฿282,865
Beds 1 Beds
Baths 1 Baths
Size 24.57 SqM Size
Floor 3 Floor
Foreign Quota Built In City View
Get notified when new homes are being added to Park Origin Phayathai

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at Park Origin Phayathai 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 ฿95 per square meter based on the size of indoor area of the property and is ฿2,334 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 Park Origin Phayathai the required payment for the sinking fund is ฿750 per square meter based on the size of the indoor area of the property.
Phaya Thai ARL is the nearest Airport Rail Link Station from Park Origin Phayathai and it is 0.3 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 Park Origin Phayathai you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
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

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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
The project is under construction, next to Phayathai Road
5 Kantayot P., Thailand, 1 year ago
The project is currently under construction; however, I believe this will be an interesting one. The location is excellent, right next to Phayathai Road. There is a 7-Eleven front of the project. It is also convenient to travel via BTS, ARL, which is located next to the project, as well as King Power Rangnam, which is very large. If there are many tourists during the high season, the mall will be crowded with Thai and foreign shoppers. The condo is enormous and magnificent. People who want to live in the city can find an answer here. There are all of the necessary amenities and numerous units. You can also select from a variety of prices. Furthermore, the project emphasizes large green areas. Interesting!!!
Bangkok
Thung Phaya Thai

Neighborhood Overview

Location and Neighborhood

Street View

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