The Teak Sathorn-Lumpini

4.83 (1 Review)

Chong Nonsi, Yan Nawa,Bangkok

Unit ID: U79918
฿5,061,824 ฿5,214,059 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
32.35 SqM Size
Floors
4 Floor
Construction
Nov 2019 Completed

1 Bedroom Condo for sale at The Teak Sathorn-Lumpini

This property is a 32.35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Teak Sathorn-Lumpini project in Chong Nonsi, Bangkok and was completed in Nov 2019. You can buy this condo for a base price of ฿5,061,824 (฿156,471/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 4
Bedroom 1
Size 32.35 SqM
Price per SqM ฿156,471
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, 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 1BR
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.
฿1,779/mo
Listed By
Developer
Date Listed Jul 25, 2018
Last Updated 2 years ago
Unit ID U79918

Price Analysis

Great Price
Estimated market value ฿5,649,269
Great
฿5,610,000
Good
Fair
Above
฿5,710,000
Current asking Price: ฿5,061,824
This condo is ฿587,445 BELOW MARKET (-10%) 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
฿5,061,824
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.
฿1,779/mo

Project Details

Project Name: The Teak Sathorn-Lumpini
Construction: Completed (Nov 2019)
Floors: 8
Buildings: N/A
Units: 78
Project Area: N/A
Nearest Landmark Khlong Toei MRT - 1 Km
Location: Chong Nonsi, Yan Nawa, Bangkok
The Teak Sathorn-Lumpini 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

Available Units at The Teak Sathorn-Lumpini

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Available Units at The Teak Sathorn-Lumpini
฿165,882
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
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Available Units at The Teak Sathorn-Lumpini
฿168,235
Good Price
Beds 2 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
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Available Units at The Teak Sathorn-Lumpini
฿168,235
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
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Available Units at The Teak Sathorn-Lumpini
฿165,882
Great Price
Beds 2 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
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Available Units at The Teak Sathorn-Lumpini
฿163,529
Great Price
Beds 1 Beds
Baths 1 Baths
Size 32.35 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at The Teak Sathorn-Lumpini
฿165,882
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at The Teak Sathorn-Lumpini
฿168,235
Good Price
Beds 2 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
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Available Units at The Teak Sathorn-Lumpini
฿151,765
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
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Available Units at The Teak Sathorn-Lumpini
฿154,118
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at The Teak Sathorn-Lumpini
฿156,471
Great Price
Beds 1 Beds
Baths 1 Baths
Size 32.35 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at The Teak Sathorn-Lumpini
฿168,235
Good Price
Beds 1 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at The Teak Sathorn-Lumpini
฿165,882
Good Price
Beds 1 Beds
Baths 1 Baths
Size 32.35 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at The Teak Sathorn-Lumpini
฿163,529
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at The Teak Sathorn-Lumpini
฿161,176
Great Price
Beds 1 Beds
Baths 1 Baths
Size 32.35 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at The Teak Sathorn-Lumpini
฿165,882
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at The Teak Sathorn-Lumpini
฿168,235
Good Price
Beds 1 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to The Teak Sathorn-Lumpini

Loan Calculator

Frequently asked questions

The common area maintenance fee is ฿55 per square meter based on the size of indoor area of the property and is ฿1,779 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 Teak Sathorn-Lumpini the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Khlong Toei MRT is the nearest MRT from The Teak Sathorn-Lumpini and it is 1 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 Teak Sathorn-Lumpini 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

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Livable condo close to Khlong Toei MRT station
4.8 Elizabeth Petrova, Russia, 2 years ago
I decided to rent the 1 bedroom unit here because it is brand new (the condo has only been open for two years). I am very impressed with the project's location. It is close to the Khlong Toei MRT station and shopping malls. Besides, the project's building is very new and modern, making it ideal for the younger generation. The room is lovely, fully furnished with a kitchen set, loose furniture, air conditioning, etc. Moreover, the project's facilities are perfect for the new generation, such as a rooftop swimming pool with a poolside seating area, gym, garden, and keycard access system. Overall, it's a good place to stay and an excellent place to buy for speculative purposes.

Bangkok

Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

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