The Address Sukhumvit 28

4.75 (4 Reviews)

Khlong Tan, Khlong Toei,Bangkok

Unit ID: U656138
5% Rental Yield
฿11,500,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
52 SqM Size
Floors
9 Floor
Construction
Dec 2010 Completed

1 Bedroom Condo for sale at The Address Sukhumvit 28

This property is a 52 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Address Sukhumvit 28 project in Khlong Tan, Bangkok and was completed in Dec 2010. You can buy this condo for a base price of ฿11,500,000 (฿221,154/SqM).

Features

BalconyBalcony Full Western KitchenFull Western Kitchen TVTV

Basic Information

Property Type Condo
Floor 9
Bedroom 1
Size 52 SqM
Price per SqM ฿221,154
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%.

Thai 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.
฿2,860/mo
Listed By
Private Owner
Date Listed Jan 22, 2021
Last Updated 8 months ago
Unit ID U656138

Price Analysis

Great Price
Estimated market value ฿14,903,641
Great
฿14,700,000
Good
Fair
Above
฿15,100,000
Current asking Price: ฿11,500,000 | Rental estimate: ฿44,600/mo
This condo is ฿3,403,641 BELOW MARKET (-23%) 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
฿11,500,000
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.
฿2,860/mo
Est. Rent
฿44,600/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 The Address Sukhumvit 28, and the current sales price.
5%

Project Details

Project Name: The Address Sukhumvit 28
Developer: AP (Thailand)
Construction: Completed (Dec 2010)
Floors: 31
Buildings: 1
Units: 246
Project Area: 3,276 SqM
Nearest Landmark Phrom Phong BTS - 0.4 Km
Location: Khlong Tan, Khlong Toei, Bangkok
The Address Sukhumvit 28 Project Details

Project Features

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
Massage Room Massage Room
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Address Sukhumvit 28

  • Communal Garden Area
    31st Floor
  • Communal Pool
    31st Floor
  • Communal Gym
    31st Floor

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Get notified when new homes are being added to The Address Sukhumvit 28

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Frequently asked questions

No pets are allowed at The Address Sukhumvit 28 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 ฿2,860 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.
Phrom Phong BTS is the nearest BTS from The Address Sukhumvit 28 and it is 0.4 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 The Address Sukhumvit 28 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

Do you own a property at The Address Sukhumvit 28?

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Reviews

4.8 out of 5 4.75
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Close to Terminal 21, convenient transportation
4.3 Isidra Magno, Spain, 1 year ago
The downtown condo with outstanding buildings, including a lush green garden and relaxing area. The atmosphere is nice and tranquil. My room is a studio unit, beautifully decorated with furniture. The price is reasonable, and the common area is complete, clean, and modern, comprising a swimming pool and a fully equipped gym. Go shopping is also convenient because the condo is located in the city center, surrounded by popular shopping malls such as The Emporium, Terminal 21, and my office. Life here is convenient, and I'm not disappointed to buy here.
Today is auspicious
5 Tidarat Macwell, United Kingdom, 2 years ago
Today is auspicious, so I just moved in for the first time. The room I bought is a one-bedroom unit that is very spacious. Each built-in furniture is elegant and modern. The rooftop facility also has a swimming pool, gym, and garden, which will be my favorite spot in the evening. Apart from its luxurious look, the location is ideal in a business center. Easy to travel via Phrom Phong BTS, and there are many shopping malls close by, including Terminal 21 and The EmQuartier.
I'm quite satisfied with the quality of the condo
4.7 Liz Hoffmann, Germany, 2 years ago
I bought a 1-bed unit here since the condo was newly completed. So far, I haven't found any problem and am quite satisfied with the quality. The room is large, fully furnished, and elegantly decorated. It's ready to move in. The parking is sufficient for the residents. The main facilities are on the 31st floor, including a swimming pool, a fitness center, and a sky lounge. I also love the project's location near the main road of Sukhumvit, which you can connect to many routes. Be prepared for the heavy traffic in rush hour. But if you want to avoid it, you can use the BTS. Just 5 minutes walk, you can reach Phrom Phong BTS. In addition, the project area has restaurants and famous shopping malls such as the Emporium, the Emquartier, and Terminal 21. I can't get bored staying in this area.
Wonderful place and has high security
5 Chanell Louder, United States, 3 years ago
A wonderful condo in the heart of the business district. The project is located next to the main road. There is strict security. The decoration is stylish and elegant. The staff is friendly and has a great manner. The atmosphere is very livable, including a swimming pool with a beautiful view on the rooftop and a relaxing area for the evening. A 1-bedroom unit features 45 sq.m, which is pretty spacious. The view from the window is stunning when you enjoy it from a high angle. There is also a European-style kitchen corner, with full kitchen equipment. Most of our neighbors are both Thai and foreigners.

Bangkok

Khlong Tan

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▼ -7% underpriced
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Khlong Toei, Bangkok, Thailand
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