The Room Rama 4

5 (2 Reviews)

Rong Mueang, Pathum Wan,Bangkok

Unit ID: U215934
4% Rental Yield
฿8,800,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
55.63 SqM Size
Floors
6 Floor
Construction
Dec 2015 Completed

1 Bedroom Condo for sale at The Room Rama 4

This property is a 55.63 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Room Rama 4 project in Rong Mueang, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of ฿8,800,000 (฿158,188/SqM).

Features

Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 55.63 SqM
Price per SqM ฿158,188
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
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.
฿2,782/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Oct 10, 2019
Last Updated 1 year ago
Unit ID U215934

Price Analysis

Fair Price
Estimated market value ฿8,492,347
Great
฿8,080,000
Good
Fair
Above
฿8,420,000
Current asking Price: ฿8,800,000 | Rental estimate: ฿29,400/mo
This condo is ฿307,653 ABOVE MARKET (4%) 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
฿8,800,000
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.
฿2,782/mo
Est. Rent
฿29,400/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.
25
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 Room Rama 4, and the current sales price.
4%

Project Details

Project Name: The Room Rama 4
Developer: Land and Houses
Construction: Completed (Dec 2015)
Floors: 35
Buildings: N/A
Units: 286
Project Area: N/A
Nearest Landmark Hua Lamphong MRT - 0.4 Km
Location: Rong Mueang, Pathum Wan, Bangkok
The Room Rama 4 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
Reception / Lobby Area Reception / Lobby Area

Available Units at The Room Rama 4

For Sale 5 For Rent 7
Get notified when new homes are being added to The Room Rama 4

Loan Calculator

Frequently asked questions

No pets are allowed at The Room Rama 4 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 ฿50 per square meter based on the size of indoor area of the property and is ฿2,782 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.
Hua Lamphong MRT is the nearest MRT from The Room Rama 4 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 Room Rama 4 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

5 out of 5 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The project is next to the main road, very convenient.
5 Miki Carroll, United States, 6 months ago
The project is located in an excellent location of the Sam Yan area, next to the Rama IV Road, and just a short walk to Hua Lamphong MRT. It is also close to many famous shopping centers in Siam, such as Siam Paragon and Siam Discovery. It is so great for a shopper like me! There are many famous restaurants where you can enjoy many excellent local foods without getting bored. This project is very modern with a simple design. My one-bedroom apartment is fully equipped with all functions and well designed space. The common area is very clean and well maintained. The staff is friendly, always helpful, and able to resolve a simple problem quickly. Recommend!
Great value!
5 Sandy Ross, United States, 2 years ago
Lavish high-rise condo in a convenient location, next to Rama IV Road. Easy to travel as it's 400 meters away from the Hua Lamphong MRT. The atmosphere is livable and quiet. There are a swimming pool, fitness, and parking for residents. The people here are excellent. The staff is helpful and service-minded. I paid a lot, but it's good value for money, very satisfied.

Bangkok

Rong Mueang

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby The Room Rama 4

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