Abstracts Phahonyothin Park

4.3 (10 Reviews)

Khlong Song Ton Nun, Lat Krabang,Bangkok

Unit ID: U163665
5% Rental Yield
฿5,990,000
Bedroom
2 Bedrooms
Bathroom
1 Bathroom
Indoor Area
60 SqM Size
Floors
12 Floor
Construction
Dec 2011 Completed

2 Bedroom Condo for sale at Abstracts Phahonyothin Park

This property is a 60 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Abstracts Phahonyothin Park project in Khlong Song Ton Nun, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of ฿5,990,000 (฿99,833/SqM) and it is also available for long term rentals starting from ฿27,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 12
Bedrooms 2
Size 60 SqM
Price per SqM ฿99,833
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
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 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.
฿2,100/mo
Listed By
Private Owner
Date Listed Jul 11, 2019
Last Updated 1 year ago
Unit ID U163665

Price Analysis

Fair Price
Estimated market value ฿5,828,358
Great
฿5,760,000
Good
Fair
Above
฿6,050,000
Current asking Price: ฿5,990,000 | Advertised rental rate: ฿27,000/mo
This condo is ฿161,642 ABOVE MARKET (3%) 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
฿5,990,000
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.
฿2,100/mo
Rent
฿27,000/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.
18
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Developer: BTS Assets
Construction: Completed (Dec 2011)
Floors: 34
Buildings: N/A
Units: 1012
Project Area: N/A
Nearest Landmark Phahon Yothin MRT - 2.9 Km
Location: Khlong Song Ton Nun, Lat Krabang, Bangkok
Abstracts Phahonyothin Park Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna

Available Units at Abstracts Phahonyothin Park

For Sale 7 For Rent 4
Get notified when new homes are being added to Abstracts Phahonyothin Park

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Frequently asked questions

The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿2,100 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 Abstracts Phahonyothin Park the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Phahon Yothin MRT is the nearest MRT from Abstracts Phahonyothin Park and it is 2.9 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 Abstracts Phahonyothin Park 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

4.3 out of 5 4.3
Based on
10 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A Pleasant Condo
4.5 Mervin Soucie, United States, 1 year ago
I bought this condo last year. The first reason I bought here because the greenery communal garden is vast, green, and pleasant. Besides, there are numerous shops, restaurants, and famous department stores that conveniently buy anything. Walking out of the project, there is everything you need. For the interior, the furniture is arranged perfectly. The room is not very big, but the project has designed the furniture well, making the living room airy and comfortable. It is especially in the morning, and there is the sun shining through the glass windows makes the room look wider and brighter. What excites us is that this project is 39 stories high, and there are no tall buildings around at all, making it possible to experience Bangkok's beautiful atmosphere. The communal pool is clean. I enjoy swimming and communing with fantastic scenery. It is convenient to travel by private cars, buses, or even BTS Skytrain as for traveling because public buses are running in front of the project all the time. However, you can also walk to Central Ladprao BTS Station for about 6 minutes; it is 450 meters away from the project. The staff here is very helpful and friendly, especially the guards. They are lovely and smiling all the time. Overall, everything is OK, including the communal area, the interior decoration, as well as the staff. However, the parking spaces seem to be the issue because of the limited parking spaces. My friends complained about it; for me, it's okay because I usually take the BTS services.
Fantastic location
3.8 Suthida N., Thailand, 1 year ago
At first, looking for a condo in Bangkok is one of the big problems for me as I came from a different province, and it is such a tight time to find a beautiful place to stay. So it gave me a lot of pressure because I'm looking for somewhere near my office and it has to be convenient for traveling. When I visited the project for the first time, I fell in love as I don't have to worry about commuting. There might be some traffic jams because the road around Major Ratchayothin is under construction. But that is just after work. From the main road, it is within walking distance to the project. It doesn't seem dangerous if you go back late at night or easily use a public motorbike. The location is good because I really don't like a condo on the main roads. I can't stand loud noise from the traffic. It is also nice in the room. I used to live in a single-detached house so I will need spacious accommodation. The room plan is well-thought, comfortable, and spacious. When I cook Thai food, there might be some irritating smell but it won't last long. If you choose the room on the higher floors, I'm sure the view will be more stunning. Juristic persons take care of us quite well. So many rules, but understandable as they ensure the security, cleanliness. Never once I will find the problem from living here. I like the common area the most as it is wide and shady. If I don't go out on the weekend, you can find me there. Or if I want to go out, it's super convenient because there are many malls such as Central Lad Prao, Jatujak Market, Major Ratchayothin. One more thing, it is a food hub as there are markets if you want to cook. I'm totally happy with it!
Convenient place
3.8 Mariela Trogdon, Australia, 2 years ago
This project is recognized as the best location because it is very close to Ladprao BTS intersection, only 450 meters away. Also, Mo Chit Bus Station is not far from the condo too; it is about 5 km. You can go everywhere very conveniently. There are many convenient stores and restaurants nearby, such as Tesco Lotus, in front of the alley, only 3 minutes away, and Central Ladproa only 500 meters walk too. It is easy to find something to eat and shop. This project is close to Vachirabenjatas Park, Chatuchak Park, and Major Cineplex Ratchayothin as well. We can enjoy a large common area. There are a big garden and a corner place for relaxation. Also, there is the swimming pool where it is on the upper floor with overlooking the beautiful view of the city. They are some problem with servicing because many people lived here. Some of the residents or tenants complained about the slow work of the Juristic person, but for us, it is acceptable.
Good Location, Beautiful Condo
4.3 Gabriela Kirven, Denmark, 2 years ago
Abstracts Phahonyothin Park is the best place for anyone looking for an excellent place to stay in Bangkok and needs the atmosphere surrounded by nature. There is an ozone area where it is allowed to breathe and commune with the fresh air. I want to recommend this place because it is suitable for people who want greenery space in the central of Bangkok. I want to recommend this place to all of you, and it will be the best option for many people looking for a condo in this Bangkok Metropolis. The condo has a huge greenery space as its highlight. Therefore, I decided to buy it here because I do love nature and decided to buy a studio room. I chose the studio room because I was alone and wanted the place with the right size, not too big. The common area is divided into sections such as the library, fitness room, swimming pool, playroom, etc. The part we like the most is the surrounding area of ​​the condo, a small forest surrounded by trees and gardens. There is an area for relaxing and reading books. I enjoyed having a seat and rested there. Another reason is that I didn't have much time to travel to other provinces to experience nature, that's why we chose here. The room I bought is a studio room with a nice corner overlooking the greenery garden. When I woke up in the morning, it will receive fresh air. In the evening, the atmosphere is shady and cool. When you look outside the room, you'll feel relaxed. On holiday, we like to walk to the Chatuchak Market because there are numerous restaurants, clothing shops, miscellaneous goods, etc. It takes not much time to travel and don't have to waste time driving our own vehicles. Also, you won't feel tired of traveling at all.
Good place to stay, easy to go to university within 10 mins
4.2 Ivana Coughlan, United Kingdom, 2 years ago
I was a student at Kasetsart University. At first, I chose several places to stay, both dormitory and condominiums. In the end, I decided to stay here, and I stayed at the condo for four years, the project made me feel like home because there were a lot of green spaces. Also, I loved the location so much because it is closed to Lotus Supercenter located in front of the condo. Moreover, you can take about 10 minutes to the university, just 5 km from the condo. On Saturday, you can go to the Chatuchak market for shopping for small flowers and trees to decorate the balcony gardening. Besides, The Ha Yaek Lat Phrao BTS Station (480 m) is closed to the project as well. With an excellent project, I chose the studio room to live. The apartment is very spacious compared to other projects, and there is a kitchen to cook. The common area in this project provides many places to get relaxing; however, a gym and swimming pool are my favorite places that I went there very often. The swimming pool is quite wide, suitable for exercise. Unluckily, there will be a lot of people at the weekend.
Convenient transportation nearby
4.3 Corrie Covey, United States, 3 years ago
Lately married with my wife and decided to live in a good condo in the center of the city. This place is very impressive. Less than 10 minutes walk to Central Ladprao and easily connect to the other transportations. You can travel on many routes because it is next to Ladprao BTS and close to Phahon Yothin MRT, but if anyone has a private car, you do not have to worry about parking. They provide parking spaces for the number of residents. There is a shuttle service to the residents to the car park as well. Which is very convenient when rushing the atmosphere in the room is excellent. Some supplied Wooden furniture floors are easy to clean. Our room is on a very high level so we can see a view. It is very impressed with the night view city. My wife loves exercising and is fascinated with the gym because of the full equipment. But it is recommended to use the service in the morning & afternoon as there are not so crowded. There are two common areas, the 52nd floor, and the lower lobby. It is not boring because you can enjoy a lot of activities, just a few steps out of your room. Anyone who likes swimming has an indoor and outdoor pool. I love the outdoor salt system pool. Because in the evening the view is so stunning. There are many elevators here, but it takes quite a long time to wait. Overall, it is impressive for both the project and the service system.
Good location suitable for investment
4 Michelle Lanclos, United States, 4 years ago
I bought a condo here since the project was completed because the condo location is close to the Lad Phrao BTS station, Phahon Yothin MRT, it’s easily traveled around. The condo also has educational institutes and leading department stores such as Central Ladprao, Union Mall, Major Ratchayothin, Lotus, and the market, such as the Chatuchak market, the train market can choose to buy something according to your taste. In addition to the location that is featured here within the project, there is still a large green area. Making you feel closer to nature. The central part also has a swimming pool in the middle of the building and a large outdoor swimming pool on the rooftop, you can see a beautiful 180-degree view of the city. Dressed up with a sky garden Open-air, the condo also has a sauna, complete fitness equipment, and 24 hours security system with CCTV. The problem at the property is very rare since it’s been rented out. I rarely have to take care of anything. Each month, collect only the rent.
Close to the workplace and beautiful decoration.
4.5 Tonja Murdock, Australia, 4 years ago
I have been married for two years with my Thai husband. My husband and I work at the Phaholyothin area. Previously, we were looking for a condo in the center of Bangkok and near the office. I wouldn't say I liked it at all. I kept searching until I met Abstracts Phahonyothin Park, surrounded by a pleasant environment and beautiful facilities such as markets, public transport, shopping malls, and famous schools. It's all close to the Abstracts Phahonyothin Park condominium, and walk a little further. You will reach the Phahonyothin Blue Line Skytrain, only 800 kilometers away. It is very convenient and, another I like the style of the garden here, the concept Park in the park is that we can admire the 180-degree garden view and there is a very beautifully decorated sky garden. Allowing us to get closer to nature as well, which is one of the reasons that I love it here. When we come back from work, we can see something green, and it makes it comfortable and has fun living here. There is a fully equipped, clean, and safe swimming pool, fitness room, steam room, sauna, and children's recreation room. Suppose which family with children here is suitable for kids. Also, there is a place for children to sit and relax and has a library as well. It is complete, and there is no disappointment. Besides safety, there is a 24-hour security system and a CCTV camera with every corner of the project. So here is my answer to everything.
Great condo in great location
4.8 Nattanit K., Thailand, 4 years ago
I have a store at Union Mall with a plan to expand the business to nearby places such as Central Ladprao, Major Ratchayothin, and Amonphan Market, so I decided to buy a condo close to that area as it will make my journey to my shop easier and more convenient. I found Abstracts Phahonyothin Park. I would say that I like this condo as the room of this project is large enough for both living and storing my goods. It is easy to get to other places. Sometimes I decorate the room for broadcast to sell products and take photos for my product so that I will post them on the internet. No matter what angle, every picture, and broadcast came out good. It increases the credibility of customers. It suits my need as a shop owner. I would recommend this place for anyone who looks for a condominium with a great location, or who wants to buy it for rent. It’s also a good idea as the location is in the area that closes to school, office, and university, which is needed by the tenants.
Good location near MRT & BTS, like it very much.
4.7 Molly Queener, Sweden, 8 years ago
I am from Sweden and love Thailand very much. I am people who like the convenience, speed, and modernity of Bangkok. Five years ago, I came to work in Thailand and got a job for a real estate company, but I must work in Phuket. So I have lived and worked in Phuket. After that, they asked to move to Bangkok brunch. The new office is on Lat Krabang; I am also interested in buying a condo at "Abstracts Phahonyothin Park," and it is about 1 kilometer from our office. This condo is on the main road, a very heavy traffic jam, but it is connected to many ways making it easy to travel. You can go to the center of Bangkok, such as Ratchathewi, Phaya Thai, and Rama 1 districts, it is easy to travel. This project close to Phahon Yothin MRT and Lad Phrao BTS. More importantly, it is also close to the Si Rat Expressway and Chalerm Mahanakorn Expressway. It is thus making traveling anywhere even more comfortable. It is time-saving as well. This area is close to many schools, Big department stores such as Tesco Lotus Ladprao, Union Mall and Central Plaza Ladprao can choose to shop comfortably. You can walk from the condo to Tesco Lotus Ladprao, and it is so closed. If going to Union Mall, you can drive about 5 minutes, but the car may be stuck in traffic. From the condo, you can use a motorcycle and taxi service. Also, buses are running through many lines, and you can take the Lad Phrao MRT and get off at Phahon Yothin MRT. Near the condo, it's very easy to find shops and restaurants. Comfortably For the interior of the project is very good, focusing on an extensive green garden. There are trees, both small and large. The shady atmosphere is very suitable for us because I like walking in the morning and evening. The project's facilities include shuttle buses, gardens, 24-hour security guards with CCTV, a perfect fitness center, a sauna, and I chose to buy this condo because it has two swimming pools, both indoor and outdoor. I like the outdoor swimming pool on the top floor. My room is a two-bedroom with an area of ​​50 square meters, the price is almost ten million, but it is on the 33rd floor with a city view. Also, it has a vintage decoration, fully furnished with washing machine, refrigerator, and kitchen equipment are also complete. There is a balcony that you can walk out to see the outside view, and you can smoke on the balcony as well, so I especially love this room. There is an item of built-in furniture such as a wardrobe, but small not suitable for modern women with a lot of clothes. But for us, it's a perfect decision to buy a condo here, considering many things that can be obtained at this price are worth it. Unfortunately alike That this project does not allow pets Even small animals cannot be raised. Therefore it is not suitable for anyone with pets. In the future, if you have to move anywhere or return to Sweden, it can be rented comfortably, worth the investment. Anyone looking to buy a condo the price is very affordable, we recommend it. Anyway, try to come and see before making a decision.

Bangkok

Khlong Song Ton Nun

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