The Privacy Rama 9

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Suan Luang, Suan Luang,Bangkok

Unit ID: U161062
5% Rental Yield
฿2,433,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
22.75 SqM Size
Floors
25 Floor
Construction
Jan 2020 Completed

1 Bedroom Condo for sale at The Privacy Rama 9

This property is a 22.75 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Privacy Rama 9 project in Suan Luang, Bangkok and was completed in Jan 2020. You can buy this condo for a base price of ฿2,433,000 (฿106,945/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 25
Bedroom 1
Size 22.75 SqM
Price per SqM ฿106,945
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
Unfurnished
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.
฿956/mo
Listed By
Private Owner
Date Listed May 14, 2019
Last Updated 1 year ago
Unit ID U161062

Price Analysis

Great Price
Estimated market value ฿4,638,657
Great
฿2,410,000
Good
Fair
Above
฿2,520,000
Current asking Price: ฿2,433,000 | Rental estimate: ฿10,100/mo
This condo is ฿2,205,657 BELOW MARKET (-48%) 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
฿2,433,000
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.
฿956/mo
Est. Rent
฿10,100/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.
20
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 Privacy Rama 9 , and the current sales price.
5%

Project Details

Project Name: The Privacy Rama 9
Developer: Pruksa Real Estate
Construction: Completed (Jan 2020)
Floors: 30
Buildings: 1
Units: 854
Project Area: 7,442 SqM
Nearest Landmark Ramkhamhaeng ARL - 0.4 Km
Location: Suan Luang, Suan Luang, Bangkok
The Privacy Rama 9 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
Reception / Lobby Area Reception / Lobby Area
Basketball Net Basketball Net
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 The Privacy Rama 9

  • Communal Pool
    5th Floor
  • Communal Gym
    5th Floor
  • Mini Theater
    5th Floor
  • Lounge
    30th Floor

Available Units at The Privacy Rama 9

For Sale 2 For Rent 2
Get notified when new homes are being added to The Privacy Rama 9

Loan Calculator

Frequently asked questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at The Privacy Rama 9 .
The common area maintenance fee is ฿42 per square meter based on the size of indoor area of the property and is ฿956 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 Privacy Rama 9 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Ramkhamhaeng ARL is the nearest ARL from The Privacy Rama 9 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 Privacy Rama 9 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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Suan Luang

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