2 Bedroom Condo for sale at Premier Condominium

5 (1 Review)
Khlong Tan, Khlong Toei,Bangkok
Unit ID: U31068
4% Rental Yield
฿16,000,000 Great Price
2 Bedrooms
2 Bathrooms
124 SqM Size
Ground Floor Floor
Jan 1981 Completed

About This Condo

This property is a 124 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Premier Condominium project in Khlong Tan, Bangkok and was completed in Jan 1981. You can buy this condo for a base price of ฿16,000,000 (฿129,032/SqM).

Basic Information

Property Type Condo
Floor Ground Floor
Bedrooms 2
Size 124 SqM
Price per SqM ฿129,032
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%.

N/A
Furniture
Unfurnished
View(s) N/A
Unit Type prop_890/unit_26425
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.
N/A
Listed By
Agent / Partner
Date Listed Aug 10, 2017
Last Updated 3 years ago
Unit ID U31068

Price Analysis

Great Price
Estimated market value ฿18,029,322
Great
฿10,400,000
Good
Fair
Above
฿21,400,000
Current asking Price: ฿16,000,000 | Rental estimate: ฿47,000/mo
This condo is ฿2,029,322 BELOW MARKET (-11%) 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
฿16,000,000
Est. Rent
฿47,000/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.
28
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 2 bedroom condos at Premier Condominium, and the current sales price.
4%

Project Details

Project Name: Premier Condominium
Developer: N/A
Construction: Completed (Jan 1981)
Floors: 12
Buildings: N/A
Units: 80
Project Area: N/A
Nearest Landmark Phrom Phong BTS - 0.3 Km
Location: Khlong Tan, Khlong Toei, Bangkok
Premier Condominium 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 Premier Condominium

For Sale 4 For Rent 5
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Available Units at Premier Condominium
-
Beds 3 Beds
Baths 3 Baths
Size 131 SqM Size
Floor 8 Floor
Fully Furnished City View
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Available Units at Premier Condominium
-
Beds 2 Beds
Baths 2 Baths
Size 163 SqM Size
Floor 10 Floor
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Available Units at Premier Condominium
-
Beds 2 Beds
Baths 1 Baths
Size 121 SqM Size
Floor 7 Floor
Fully Furnished City View
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Available Units at Premier Condominium
-
Beds 2 Beds
Baths 2 Baths
Size 163 SqM Size
Floor 6 Floor
Fully Furnished City View
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฿89,686
Great Price
Beds 3 Beds
Baths 2 Baths
Size 223 SqM Size
Floor Ground Floor Floor
Unfurnished
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Available Units at Premier Condominium
฿129,032
Great Price
Beds 2 Beds
Baths 2 Baths
Size 124 SqM Size
Floor Ground Floor Floor
Unfurnished
Favorite
Compare
Available Units at Premier Condominium
-
Beds 2 Beds
Baths 2 Baths
Size 121 SqM Size
Floor 5 Floor
Fully Furnished City View
Favorite
Compare
Available Units at Premier Condominium
฿115,702
Great Price
Beds 2 Beds
Baths 1 Baths
Size 121 SqM Size
Floor Ground Floor Floor
Unfurnished
Favorite
Compare
Available Units at Premier Condominium
฿103,306
Great Price
Beds 2 Beds
Baths 1 Baths
Size 121 SqM Size
Floor 3 Floor
Unfurnished
Get notified when new homes are being added to Premier Condominium

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Frequently Asked Questions

No pets are allowed at Premier Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phrom Phong BTS is the nearest BTS Station from Premier Condominium and it is 0.3 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 Premier Condominium 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
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Lucky to bought condo here
5 Justin Simon, United Kingdom, 1 year ago
I feel very lucky that I bought a 2-bedroom condo in this project 30 years ago because nowadays it would be difficult to find a larger room than this in a central location. Besides, my condo has always been fully rented since it was released. Most of my customers usually stay long-term as one of my customers who has been living here for 5-year. Most of my customers love the project surroundings so that they can walk to The Emporium and Phrom Phong BTS at a distance of only 350 meters. In the common area, it offers complete facilities, although it's not as luxurious and modern as the newly built condos today. For anyone looking for a room with ample living space, I recommend it here. PS. My room is not available. I have a long-term reservation contract.
Bangkok
Khlong Tan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Premier Condominium

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
Project Name
Siri Residence
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
185
Sales Prices
฿10.6M - ฿30M
▲ 27% overpriced
Monthly Rentals
฿35K - ฿120K
Year Built
Dec 2006
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
81
Sales Prices
฿21.5M - ฿37.5M
Monthly Rentals
฿50K - ฿70K
Year Built
Dec 1992
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
176
Sales Prices
฿16.9M - ฿81.5M
▲ 5.8% overpriced
Monthly Rentals
฿50K - ฿130K
Year Built
Sep 2019
Completion Status
Completed
Project Name
Baan Siri 24
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
185
Sales Prices
฿8.6M - ฿65M
▲ 4.3% overpriced
Monthly Rentals
฿30K - ฿180K
Year Built
Dec 2006
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
78
Sales Prices
฿4.35M - ฿34.5M
▼ -4% underpriced
Monthly Rentals
฿25K - ฿150K
Year Built
Dec 2005
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
78
Sales Prices
฿16.5M - ฿22M
▲ 4% overpriced
Monthly Rentals
฿30K - ฿80K
Year Built
Dec 2012
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
329
Sales Prices
฿3.98M - ฿13M
▲ 2.9% overpriced
Monthly Rentals
฿14K - ฿60K
Year Built
Dec 2008
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
224
Sales Prices
฿4.15M - ฿13.5M
▼ -7% underpriced
Monthly Rentals
฿13K - ฿55K
Year Built
Dec 2013
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
54
Sales Prices
฿38M - ฿150M
▼ -17.5% underpriced
Monthly Rentals
฿100K - ฿230K
Year Built
Jan 2005
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
157
Sales Prices
฿17.1M - ฿62.5M
▲ 3.3% overpriced
Monthly Rentals
N/A
Year Built
Mar 2022
Completion Status
Completed
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