The Residences at Sindhorn Kempinski Hotel Bangkok

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Lumphini, Pathum Wan,Bangkok

Unit ID: U1047284
8% Rental Yield
฿12,900,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
53.50 SqM Size
Floors
2 Floor
Construction
Oct 2020 Completed

About This Condo

This property is a 53.50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Residences at Sindhorn Kempinski Hotel Bangkok project in Lumphini, Bangkok and was completed in Oct 2020. You can buy this condo for a base price of ฿12,900,000 (฿241,121/SqM).

Features

BalconyBalcony Washing MachineWashing Machine OvenOven

Basic Information

Property Type Condo
Floor 2
Bedroom 1
Size 53.50 SqM
Price per SqM ฿241,121
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
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 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.
฿6,420/mo
Listed By
Private Owner
Date Listed Dec 13, 2021
Last Updated 6 months ago
Unit ID U1047284

Price Analysis

Good Price
Estimated market value ฿13,548,862
Great
฿10,600,000
Good
Fair
Above
฿16,400,000
Current asking Price: ฿12,900,000 | Rental estimate: ฿81,400/mo
This condo is ฿648,862 BELOW MARKET (-5%) 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
฿12,900,000
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.
฿6,420/mo
Est. Rent
฿81,400/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.
13
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 Residences at Sindhorn Kempinski Hotel Bangkok, and the current sales price.
8%

Project Details

Developer: Siam Sindhorn
Construction: Completed (Oct 2020)
Floors: 33
Buildings: 1
Units: 231
Project Area: 6,228 SqM
Nearest Landmark Ratchadamri BTS - 0.5 Km
Location: Lumphini, Pathum Wan, Bangkok
The Residences at Sindhorn Kempinski Hotel Bangkok 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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Basketball Court Basketball Court
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Kids Pool Kids Pool
Lounge Lounge
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at The Residences at Sindhorn Kempinski Hotel Bangkok

  • Communal Pool
    30th Floor
  • Reception / Lobby Area
    Ground Floor
  • Communal Gym
    30th Floor
  • Lounge
    31st Floor

Available Units at The Residences at Sindhorn Kempinski Hotel Bangkok

For Sale 2 For Rent 1
Get notified when new homes are being added to The Residences at Sindhorn Kempinski Hotel Bangkok

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%

Frequently Asked Questions

No pets are allowed at The Residences at Sindhorn Kempinski Hotel Bangkok 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 ฿120 per square meter based on the size of indoor area of the property and is ฿6,420 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.
Ratchadamri BTS is the nearest BTS from The Residences at Sindhorn Kempinski Hotel Bangkok and it is 0.5 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 Residences at Sindhorn Kempinski Hotel Bangkok 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
฿200,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%

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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Bangkok
Lumphini

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Project Name
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Year Built
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Location
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Year Built
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Number of units
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