The Address Chidlom

4.07 (5 Reviews)

Lumphini, Pathum Wan,Bangkok

Unit ID: U1003824
4% Rental Yield
฿15,500,000 Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
91 SqM Size
Floors
3 Floor
Construction
Dec 2008 Completed

2 Bedroom Condo for sale at The Address Chidlom

This property is a 91 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Address Chidlom project in Lumphini, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿15,500,000 (฿170,330/SqM).

URGENT SELL! Spacious and comfortable 91 Sq.m 2-bedroom luxury condo in the heart of Bangkok. Only 200 meters to BTS Chidlom. Ready to move-in! 15.5 MB Only! Key Features: 🔸2 Bedrooms 🔸2 Bathrooms 🔸Fully Furnished 🔸A super convenient location to get to Central 🔸Chidlom and Central Embassy within walking distance in less than 5 minutes The on-site contains a beautiful swimming pool, a fitness center, and a business center. 

Features

BalconyBalcony BathtubBathtub

Basic Information

Property Type Condo
Floor 3
Bedrooms 2
Size 91 SqM
Price per SqM ฿170,330
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.
฿5,460/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Jun 24, 2021
Last Updated 2 months ago
Unit ID U1003824

Price Analysis

Great Price
Estimated market value ฿16,235,180
Great
฿15,600,000
Good
Fair
Above
฿17,500,000
Current asking Price: ฿15,500,000 | Rental estimate: ฿52,800/mo
This condo is ฿735,180 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
฿15,500,000
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.
฿5,460/mo
Est. Rent
฿52,800/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.
24
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 The Address Chidlom, and the current sales price.
4%

Project Details

Project Name: The Address Chidlom
Developer: AP (Thailand)
Construction: Completed (Dec 2008)
Floors: 24
Buildings: 2
Units: 597
Project Area: 7,200 SqM
Nearest Landmark Chit Lom BTS - 0.6 Km
Location: Lumphini, Pathum Wan, Bangkok
The Address Chidlom 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
Yoga Area Yoga Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Indoor Games Room Indoor Games Room
Outdoor Kids Zone Outdoor Kids Zone
Library / Reading Room Library / Reading Room
Lounge Lounge
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Shuttle Bus Shuttle Bus

Popular Facilities at The Address Chidlom

  • Communal Pool
    Ground Floor
  • Communal Gym
    2nd Floor
  • Library / Reading Room
    2nd Floor

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Baths 1 Baths
Size 41.17 SqM Size
Floor 16 Floor
Thai Quota City View
Get notified when new homes are being added to The Address Chidlom

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Frequently asked questions

No pets are allowed at The Address Chidlom 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 ฿5,460 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.
Chit Lom BTS is the nearest BTS from The Address Chidlom 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 Address Chidlom 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

4.1 out of 5 4.07
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Quality condo, worth the price
4 Ming Lefebre, China, 1 year ago
This condo is located in the city center, a beautiful building with a green garden surrounding the condo. The atmosphere is quite good and quiet. The room I stay in is just a studio room. Overall, both the furniture and the room are satisfactory. Reasonable price. The common area here is clean, featuring a swimming pool and a fully equipped gym. It is easily accessible every day. We have to use the Skytrain instead of private cars because the traffic here is quite jammed. Overall, it is very ok for us because it is close to the office, allowing us to live easily.
It is very convenient to travel around
3.7 Ranee Autrey, Malaysia, 2 years ago
This is the greatest location that I’ve ever seen in this area. It is very convenient to travel around. Walk only 5 minutes to reach Chidlom BTS and near Siam Paragon, Central Chidlom, and Central Embassy. At the entrance of the street have many kinds of public transportation that you can connect to the other areas easily. It takes just 5-10 minutes to reach the project, and it is crowded on the road. They provide security for 24 hours, and the staff is excellent service. The common area is so clean and full of facilities. The project is quite out of date, but I love this vintage style. The kitchen room is small and a full furniture living room that is excellent for relaxation. The bathroom also provides a spacious shower and bathtub. Overall, for those who are looking for a perfect transportation condominium. I want to recommend this project because it’s incredible!!
Luxury condominium in Chidlom area
4.7 Tingting L., Thailand, 3 years ago
A luxury condominium in the heart of the Chidlom area. Located next to Saen Saeb Canal, a convenient location to get to Central Chidlom and Central Embassy within walking distance. It takes less than 5 minutes. The condo is suitable for people who love peace but still want to live in the city. Lovely neighbors and helpful staff. The room is spacious, beautifully decorated, and luxurious at a reasonable price. Very nice place!
Superior service condo in the city center
4.5 David L., Australia, 3 years ago
A beautiful luxury condo with a reasonable rental price is located an 8-minute walk from the Chidlom BTS Skytrain. Also, there is a shuttle service to the BTS as well. Impressive! The on-site contains a beautiful swimming pool, a fitness center, and a business center. It is a luxury condo in the heart of Bangkok. It takes only a few minutes to walk to the Central Chidlom and Central Embassy. On the terrible traffic day, you can take the BTS public transport instead. It's easier and more convenient.
Condo near Chidlom BTS
3.5 Cira Grigsby, Italy, 4 years ago
I bought a one-bedroom unit here at a reasonable price. I like it here because the room is spacious, decorated with good furniture and quality. The condo has a great design with a shady atmosphere—well maintained swimming pool, nice to swim. The staff here are not that friendly; they don't smile or help us as it should be. I hope they can improve. The location is considered good, near Chidlom BTS, easy to get around.

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Projects Nearby The Address Chidlom

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
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Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Somkid Place
Location
Pathum Wan, Bangkok, Thailand
Number of units
34
Sales Prices
฿9.1M
▲ 23% overpriced
Monthly Rentals
N/A
Year Built
Dec 1991
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Completed
Project Name
The Park Chidlom
Location
Pathum Wan, Bangkok, Thailand
Number of units
218
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▼ -3% underpriced
Monthly Rentals
฿80.9K - ฿253K
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Dec 2008
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Completed
Location
Pathum Wan, Bangkok, Thailand
Number of units
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Sales Prices
฿6.66M - ฿20.7M
▲ 1.1% overpriced
Monthly Rentals
฿15.2K - ฿42.5K
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Jun 2018
Completion Status
Completed
Project Name
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Location
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Number of units
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Sales Prices
฿10.2M - ฿65.7M
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Monthly Rentals
฿45.5K - ฿81.9K
Year Built
Sep 2019
Completion Status
Completed
Project Name
Manhattan Chidlom
Location
Pathum Wan, Bangkok, Thailand
Number of units
190
Sales Prices
฿5.76M - ฿12.1M
▲ 0.3% overpriced
Monthly Rentals
฿25.3K - ฿85.9K
Year Built
Dec 2006
Completion Status
Completed
Project Name
Somkid Gardens
Location
Pathum Wan, Bangkok, Thailand
Number of units
100
Sales Prices
N/A
Monthly Rentals
฿59.6K - ฿121K
Year Built
Dec 1995
Completion Status
Completed
Location
Pathum Wan, Bangkok, Thailand
Number of units
N/A
Sales Prices
N/A
Monthly Rentals
฿75.8K
Year Built
Jan 2012
Completion Status
Completed
Project Name
Life One Wireless
Location
Pathum Wan, Bangkok, Thailand
Number of units
1344
Sales Prices
฿4.03M - ฿11.1M
▲ 0.1% overpriced
Monthly Rentals
฿14K - ฿35.4K
Year Built
Apr 2020
Completion Status
Completed
Project Name
New House Condo
Location
Pathum Wan, Bangkok, Thailand
Number of units
48
Sales Prices
฿17M - ฿20.1M
▼ -14% underpriced
Monthly Rentals
฿50.5K - ฿65.7K
Year Built
Jan 1994
Completion Status
Completed
Project Name
Wittayu Complex
Location
Pathum Wan, Bangkok, Thailand
Number of units
378
Sales Prices
฿4.85M - ฿19.7M
Monthly Rentals
฿18.2K - ฿55.6K
Year Built
Dec 1996
Completion Status
Completed
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