The Address Siam-Ratchathewi

5 (1 Review)

Thanon Phet Buri, Ratchathewi,Bangkok

Unit ID: U160418
฿9,210,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
35 SqM Size
Floors
46 Floor
Construction
Dec 2022 Off Plan

1 Bedroom Condo for sale at The Address Siam-Ratchathewi

This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Address Siam-Ratchathewi project in Thanon Phet Buri, Bangkok and it is scheduled for completion in Dec 2022. You can buy this condo for a base price of ฿9,210,000 (฿263,143/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 46
Bedroom 1
Size 35 SqM
Price per SqM ฿263,143
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 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.
฿2,275/mo
Listed By
Developer
Date Listed May 23, 2019
Last Updated 3 months ago
Unit ID U160418

Price Analysis

Good Price
Estimated market value ฿9,241,202
Great
฿8,600,000
Good
Fair
Above
฿10,500,000
Current asking Price: ฿9,210,000
This condo is priced at the current market value 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
฿9,210,000
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.
฿2,275/mo

Project Details

Developer: AP (Thailand)
Construction: Off Plan (Dec 2022)
Floors: 50
Buildings: N/A
Units: 880
Project Area: 5,423 SqM
Nearest Landmark Ratchathewi BTS - 0.2 Km
Location: Thanon Phet Buri, Ratchathewi, Bangkok
The Address Siam-Ratchathewi 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
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Key card access Key card access

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Loan Calculator

Payment Plan

1 Bedroom - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
within 30 days after the booking date
12%
2nd Installment
Upon contract signing
฿150,000
3rd Installment
On completion
88%
2 Bedroom - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
within 30 days after the booking date
12%
2nd Installment
Upon contract signing
250,000%
3rd Installment
On completion
88%
3 Bedroom - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
within 30 days after the booking date
12%
2nd Installment
Upon contract signing
฿350,000
3rd Installment
On completion
88%
1 Bedroom Duplex - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
within 30 days after the booking date
12%
2nd Installment
Upon contract signing
฿250,000
3rd Installment
On completion
88%

Frequently asked questions

No pets are allowed at The Address Siam-Ratchathewi 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 ฿65 per square meter based on the size of indoor area of the property and is ฿2,275 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 The Address Siam-Ratchathewi the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Ratchathewi BTS is the nearest BTS from The Address Siam-Ratchathewi 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 you have to follow these steps:

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

1 Bedroom - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
within 30 days after the booking date
12%
2nd Installment
Upon contract signing
฿150,000
3rd Installment
On completion
88%
2 Bedroom - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
within 30 days after the booking date
12%
2nd Installment
Upon contract signing
250,000%
3rd Installment
On completion
88%
3 Bedroom - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
within 30 days after the booking date
12%
2nd Installment
Upon contract signing
฿350,000
3rd Installment
On completion
88%
1 Bedroom Duplex - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
within 30 days after the booking date
12%
2nd Installment
Upon contract signing
฿250,000
3rd Installment
On completion
88%

Read more here

 

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being 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
Luxury condo in the heart of the city
5 Adam Ryan, United States, 9 months ago
It is a high-end condominium development in the heart of the city. A rooftop has an infinity pool and a fitness center, overlooking a panoramic view of Bangkok. The condo's rooms are standard, spacious, and artistically decorated. Inside, all pieces of furniture are imported, very luxurious, and the location is fantastic. We can count down on the New Year and see the fireworks from Central World right from the room. And only a few minutes from the project, I can get to famous shopping malls. There are both Central World and Siam Paragon, as well as famous restaurants. It's extremely convenient. It appeals to me greatly.

Bangkok

Thanon Phet Buri

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Projects Nearby The Address Siam-Ratchathewi

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Monthly Rentals
Year Built
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Location
Number of units
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Year Built
Completion Status
Location
Ratchathewi, Bangkok, Thailand
Number of units
N/A
Sales Prices
฿5.7M
Monthly Rentals
฿15K
Year Built
Jan 2014
Completion Status
Completed
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Number of units
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Monthly Rentals
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Location
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Number of units
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Sales Prices
฿8.9M - ฿30.2M
▲ 3.5% overpriced
Monthly Rentals
N/A
Year Built
Mar 2023
Completion Status
Off Plan
Location
Ratchathewi, Bangkok, Thailand
Number of units
298
Sales Prices
฿11M - ฿12.3M
▲ 19% overpriced
Monthly Rentals
฿26K - ฿65K
Year Built
Dec 2012
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
209
Sales Prices
฿12M
▼ -24% underpriced
Monthly Rentals
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Year Built
Dec 2021
Completion Status
Completed
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Location
Ratchathewi, Bangkok, Thailand
Number of units
284
Sales Prices
฿4M - ฿8.34M
▼ -36% underpriced
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N/A
Year Built
Dec 2008
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
581
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฿6.85M - ฿16.5M
▼ -26% underpriced
Monthly Rentals
฿22K - ฿55K
Year Built
Dec 2006
Completion Status
Completed
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Villa Rachatewi
Location
Ratchathewi, Bangkok, Thailand
Number of units
744
Sales Prices
฿10.8M
Monthly Rentals
฿25K - ฿47K
Year Built
Dec 2008
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
231
Sales Prices
฿7.21M - ฿8.88M
▲ 0.5% overpriced
Monthly Rentals
฿22K - ฿42K
Year Built
Dec 2017
Completion Status
Completed
Project Name
Ideo Q Phayathai
Location
Ratchathewi, Bangkok, Thailand
Number of units
476
Sales Prices
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Completion Status
Completed
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