SOCIO Reference 61

4.5 (1 Review)

Khlong Tan Nuea, Watthana,Bangkok

Unit ID: U164220
5% Rental Yield
฿5,550,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
42.90 SqM Size
Floors
6 Floor
Construction
Dec 2012 Completed

1 Bedroom Condo for sale at SOCIO Reference 61

This property is a 42.90 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the SOCIO Reference 61 project in Khlong Tan Nuea, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of ฿5,550,000 (฿129,371/SqM).

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 42.90 SqM
Price per SqM ฿129,371
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%.

N/A
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.
฿2,360/mo
Listed By
Private Owner
Date Listed Jun 10, 2019
Last Updated 10 months ago
Unit ID U164220

Price Analysis

Great Price
Estimated market value ฿6,202,807
Great
฿3,470,000
Good
Fair
Above
฿7,320,000
Current asking Price: ฿5,550,000 | Rental estimate: ฿24,800/mo
This condo is ฿652,807 BELOW MARKET (-11%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿5,550,000
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.
฿2,360/mo
Est. Rent
฿24,800/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.
19
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 SOCIO Reference 61, and the current sales price.
5%

Project Details

Project Name: SOCIO Reference 61
Construction: Completed (Dec 2012)
Floors: 8
Buildings: 1
Units: 99
Project Area: 1,188 SqM
Nearest Landmark Thong Lo BTS - 0.3 Km
Location: Khlong Tan Nuea, Watthana, Bangkok
SOCIO Reference 61 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
Sauna Sauna
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Key card access Key card access

Popular Facilities at SOCIO Reference 61

  • Communal Pool
    8th Floor
  • Communal Gym
    8th Floor

Available Units at SOCIO Reference 61

For Sale 4 For Rent 2
Get notified when new homes are being added to SOCIO Reference 61

Loan Calculator

Frequently asked questions

No pets are allowed at SOCIO Reference 61 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 ฿55 per square meter based on the size of indoor area of the property and is ฿2,360 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 SOCIO Reference 61 the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Thong Lo BTS is the nearest BTS from SOCIO Reference 61 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 SOCIO Reference 61 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

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A good place to stay, near the amenity
4.5 Jenny Sato, Japan, 3 years ago
This location is great. During our studies, we spent roughly 6 months here. The staff is kind, and there are many facilities, such as a swimming pool and a fitness on-site, but the one-bedroom unit is a little small. The project's surroundings are attractive. It is close to several amenities, including the Ekkamai BTS station, restaurants, and retail stores. Almost all of my neighbors are foreigners, and this project also has a large number of Japanese living here because a Japanese friend recommended it to me.

Bangkok

Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

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