Metro Park Sathorn Phase 1

4 (1 Review)

Bang Wa, Phasi Charoen,Bangkok

Unit ID: U640076
6% Rental Yield
฿2,100,000 Great Price
Bedroom
2 Bedrooms
Bathroom
1 Bathroom
Indoor Area
58 SqM Size
Floors
7 Floor
Construction
Nov 2007 Completed

2 Bedroom Condo for sale at Metro Park Sathorn Phase 1

This property is a 58 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Metro Park Sathorn Phase 1 project in Bang Wa, Bangkok and was completed in Nov 2007. You can buy this condo for a base price of ฿2,100,000 (฿36,207/SqM) and it is also available for long term rentals starting from ฿10,000 per month.

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 7
Bedrooms 2
Size 58 SqM
Price per SqM ฿36,207
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) Pool 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.
฿1,740/mo
Listed By
Private Owner
Date Listed Nov 12, 2020
Last Updated 9 months ago
Unit ID U640076

Price Analysis

Great Price
Estimated market value ฿2,214,800
Great
฿1,390,000
Good
Fair
Above
฿1,450,000
Current asking Price: ฿2,100,000 | Advertised rental rate: ฿10,000/mo
This condo is ฿114,800 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
฿2,100,000
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.
฿1,740/mo
Rent
฿10,000/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.
6%

Project Details

Developer: Property Perfect
Construction: Completed (Nov 2007)
Floors: 8
Buildings: 10
Units: 1250
Project Area: 22,400 SqM
Nearest Landmark Bang Wa MRT - 1.3 Km
Location: Bang Wa, Phasi Charoen, Bangkok
Metro Park Sathorn Phase 1 Project Details

Project Features

On Site Restaurant On Site Restaurant
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
Communal Garden Area Communal Garden Area

Popular Facilities at Metro Park Sathorn Phase 1

  • Communal Pool
    Ground Floor

Available Units at Metro Park Sathorn Phase 1

For Sale 36 For Rent 12
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Available Units at Metro Park Sathorn Phase 1
฿41,613
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Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 6 Floor
Thai Quota Built In Park View
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Available Units at Metro Park Sathorn Phase 1
฿51,819
Beds Studio Beds
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Size 31.61 SqM Size
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Thai Quota Fully Furnished Park View
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Available Units at Metro Park Sathorn Phase 1
฿40,299
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Beds 1 Beds
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Size 34.74 SqM Size
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Available Units at Metro Park Sathorn Phase 1
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Beds 2 Beds
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฿41,228
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Available Units at Metro Park Sathorn Phase 1
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Beds 2 Beds
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Floor 7 Floor
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Available Units at Metro Park Sathorn Phase 1
฿36,207
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Beds 2 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Pool View
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Available Units at Metro Park Sathorn Phase 1
฿36,207
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Beds 2 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished Pool View
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Available Units at Metro Park Sathorn Phase 1
฿51,667
Beds Studio Beds
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Size 30 SqM Size
Floor 5 Floor
Thai Quota Negotiable Unblocked Open View
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Available Units at Metro Park Sathorn Phase 1
฿53,233
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Size 30 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Pool View
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Available Units at Metro Park Sathorn Phase 1
฿43,091
Beds 2 Beds
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Size 55 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Pool View
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Available Units at Metro Park Sathorn Phase 1
฿56,118
Beds 1 Beds
Baths 1 Baths
Size 44.05 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished City View
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Available Units at Metro Park Sathorn Phase 1
฿35,484
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Beds Studio Beds
Baths 1 Baths
Size 31 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Garden View
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Available Units at Metro Park Sathorn Phase 1
฿35,714
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Beds 1 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Pool View
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Available Units at Metro Park Sathorn Phase 1
฿45,843
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Beds 1 Beds
Baths 1 Baths
Size 31.63 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Garden View
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Available Units at Metro Park Sathorn Phase 1
฿45,161
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Beds Studio Beds
Baths 1 Baths
Size 31 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished Unblocked Open View
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Available Units at Metro Park Sathorn Phase 1
฿59,113
Beds 2 Beds
Baths 1 Baths
Size 73.25 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished Park View
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Available Units at Metro Park Sathorn Phase 1
฿48,276
Beds 2 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished
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Available Units at Metro Park Sathorn Phase 1
฿41,613
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Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 6 Floor
Thai Quota Partly Furnished City View
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Available Units at Metro Park Sathorn Phase 1
฿35,342
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Beds 2 Beds
Baths 1 Baths
Size 73 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished Pool View
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Available Units at Metro Park Sathorn Phase 1
฿38,625
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Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
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Available Units at Metro Park Sathorn Phase 1
฿48,864
Beds 1 Beds
Baths 1 Baths
Size 44 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
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Available Units at Metro Park Sathorn Phase 1
฿40,068
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Beds 1 Beds
Baths 1 Baths
Size 41.18 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished City View
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Available Units at Metro Park Sathorn Phase 1
฿38,372
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Beds 1 Beds
Baths 1 Baths
Size 43 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished City View
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Available Units at Metro Park Sathorn Phase 1
฿47,524
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Beds Studio Beds
Baths 1 Baths
Size 30.09 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished Pool View
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Available Units at Metro Park Sathorn Phase 1
฿50,000
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished Garden View
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Available Units at Metro Park Sathorn Phase 1
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Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 8 Floor
Fully Furnished City View
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Available Units at Metro Park Sathorn Phase 1
฿42,681
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.63 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished City View
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Available Units at Metro Park Sathorn Phase 1
฿56,071
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished Pool View
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Available Units at Metro Park Sathorn Phase 1
฿34,884
Great Price
Beds 1 Beds
Baths 1 Baths
Size 43 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished Pool View
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Available Units at Metro Park Sathorn Phase 1
฿41,100
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.63 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished Park View
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Available Units at Metro Park Sathorn Phase 1
฿48,246
Beds 2 Beds
Baths 1 Baths
Size 57 SqM Size
Floor 2 Floor
Thai Quota Built In Garden View
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Available Units at Metro Park Sathorn Phase 1
฿45,075
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Pool View
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Available Units at Metro Park Sathorn Phase 1
฿40,990
Good Price
Beds 1 Beds
Baths 1 Baths
Size 42.62 SqM Size
Floor 4 Floor
Thai Quota Partly Furnished City View
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Available Units at Metro Park Sathorn Phase 1
฿35,484
Great Price
Beds Studio Beds
Baths 1 Baths
Size 31 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Garden View
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Available Units at Metro Park Sathorn Phase 1
฿46,491
Beds 2 Beds
Baths 1 Baths
Size 57 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished Pool View
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Available Units at Metro Park Sathorn Phase 1
฿45,403
Good Price
Beds 1 Beds
Baths 1 Baths
Size 42.64 SqM Size
Floor 7 Floor
Thai Quota Unfurnished City View
Get notified when new homes are being added to Metro Park Sathorn Phase 1

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Frequently asked questions

No pets are allowed at Metro Park Sathorn Phase 1 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 ฿30 per square meter based on the size of indoor area of the property and is ฿1,740 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 Metro Park Sathorn Phase 1 the required payment for the sinking fund is ฿350 per square meter based on the size of the indoor area of the property.
Bang Wa MRT is the nearest MRT from Metro Park Sathorn Phase 1 and it is 1.3 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 Metro Park Sathorn Phase 1 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

Do you own a property at Metro Park Sathorn Phase 1?

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Reviews

4 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Peaceful condo suitable for relaxing
4 Li Wei Huang, China, 6 years ago
The room is quiet and peaceful because the property is not located on the main road and also away from downtown; it's suitable for relaxing. The rooms are available in various styles, starting from a studio room to 3 bedrooms, you can live alone or with family. The rooms are spacious and modern decoration with quality furniture. The kitchen is fully equipped. Facilities are basic requirements such as swimming pools, gardens, fitness room (a little bit far away), etc. You will need a sticker to bring the car onto the project, so let the staff know that you need a parking space; otherwise, you have to place your ID card for every entry. If you don't have a car, there will be a shuttle bus service. Excellent staff, especially Kwan, the maid here. Overall, I'm happy to stay here.

Bangkok

Bang Wa

Neighborhood Overview

Location and Neighborhood

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Projects Nearby Metro Park Sathorn Phase 1

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Phasi Charoen, Bangkok, Thailand
Number of units
237
Sales Prices
฿8.95M - ฿12M
Monthly Rentals
N/A
Year Built
Sep 2019
Completion Status
Completed
Location
Phasi Charoen, Bangkok, Thailand
Number of units
640
Sales Prices
฿3.92M
▼ -3% underpriced
Monthly Rentals
N/A
Year Built
Dec 2020
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Completed
Location
Phasi Charoen, Bangkok, Thailand
Number of units
639
Sales Prices
฿3.42M - ฿6.2M
▲ 0.4% overpriced
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N/A
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Dec 2020
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Completed
Location
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Number of units
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N/A
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฿9.55K
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Jan 2015
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Completed
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Phasi Charoen, Bangkok, Thailand
Number of units
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Sales Prices
฿3.52M - ฿4.35M
▲ 22% overpriced
Monthly Rentals
N/A
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Jul 2018
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Completed
Location
Phasi Charoen, Bangkok, Thailand
Number of units
20
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N/A
Monthly Rentals
฿13.6K
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Jan 2018
Completion Status
Completed
Location
Phasi Charoen, Bangkok, Thailand
Number of units
835
Sales Prices
฿2.7M - ฿3.27M
▼ -23% underpriced
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Location
Phasi Charoen, Bangkok, Thailand
Number of units
1049
Sales Prices
฿2.3M
▲ 27% overpriced
Monthly Rentals
฿7.04K - ฿11.1K
Year Built
Sep 2018
Completion Status
Completed
Location
Phasi Charoen, Bangkok, Thailand
Number of units
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Sales Prices
฿2.96M
▼ -11% underpriced
Monthly Rentals
N/A
Year Built
Oct 2003
Completion Status
Completed
Location
Phasi Charoen, Bangkok, Thailand
Number of units
484
Sales Prices
฿6.73M
Monthly Rentals
N/A
Year Built
Dec 2014
Completion Status
Completed
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