The Room Sukhumvit 38

5 (2 Reviews)

Phra Khanong, Khlong Toei,Bangkok

Unit ID: U975538
3% Rental Yield
฿15,400,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
62 SqM Size
Floors
25 Floor
Construction
Mar 2020 Completed

1 Bedroom Condo for sale at The Room Sukhumvit 38

This property is a 62 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Room Sukhumvit 38 project in Phra Khanong, Bangkok and was completed in Mar 2020. You can buy this condo for a base price of ฿15,400,000 (฿248,387/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 25
Bedroom 1
Size 62 SqM
Price per SqM ฿248,387
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.
฿3,720/mo
Listed By
Private Owner
Date Listed Jun 11, 2021
Last Updated 4 months ago
Unit ID U975538

Investment Opportunity: Charges & Yield

Sale Price
฿15,400,000
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.
฿3,720/mo
Est. Rent
฿39,400/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.
33
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 Sukhumvit 38, and the current sales price.
3%

Project Details

Project Name: The Room Sukhumvit 38
Developer: Land and Houses
Construction: Completed (Mar 2020)
Floors: 26
Buildings: N/A
Units: 229
Project Area: 3,651 SqM
Nearest Landmark Ekkamai BTS - 0.6 Km
Location: Phra Khanong, Khlong Toei, Bangkok
The Room Sukhumvit 38 Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room

Available Units at The Room Sukhumvit 38

For Sale 4 For Rent 1
Get notified when new homes are being added to The Room Sukhumvit 38

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Frequently asked questions

No pets are allowed at The Room Sukhumvit 38 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 ฿60 per square meter based on the size of indoor area of the property and is ฿3,720 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 Room Sukhumvit 38 the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Ekkamai BTS is the nearest BTS from The Room Sukhumvit 38 and it is 0.6 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 Sukhumvit 38 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
I'm in love with this place
5 Summer 111, Canada, 3 months ago
The condo project here is stunning, modern, and luxurious. A unit is a one-bedroom unit that is both spacious and well-allocated. There is a kitchen corner, living area, a bedroom, and a large bathroom. The room's owner also decorated it in a lovely, minimal style, which I love. What I enjoy the most are the common areas, which include a swimming pool, a library, a lounge, and a garden. It is where I spend part of my free time. During the WFH period, this was a fantastic time because there is a large space with various activities to choose from. Most importantly, the location of this project is perfect because it is easily accessible from many routes. It's near Thonglor BTS and opposite to Thonglor Road, which is the most convenient area in Bangkok again. I really like it.
This project's lobby is very luxurious.
5 David E., United States, 10 months ago
This project's lobby is very luxurious. The saltwater pool and gym are on the 4th floor, and the lounge is on the 5th floor. The decorations are incredible. When we went to the sample one-bedroom type, it may seem a bit cramped for me. But my girlfriend likes the rooms as the space is well-organized and made the most from every inch. The room is fully fitted with furniture, built-in wardrobes, and digital door systems. So we decided to reserve a 1 bedroom. We choose this place because of its location close to both our offices as well. As for the transportation, it is considered very convenient, close to Thonglor BTS and Sukhumvit Road.

Bangkok

Phra Khanong

Neighborhood Overview

Location and Neighborhood

Street View

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