The Address Sathorn

4.33 (2 Reviews)

Si Lom, Bang Rak,Bangkok

Unit ID: U654366
3% Rental Yield
฿15,500,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
76 SqM Size
Floors
28 Floor
Construction
Dec 2011 Completed

2 Bedroom Condo for sale at The Address Sathorn

This property is a 76 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Address Sathorn project in Si Lom, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of ฿15,500,000 (฿203,947/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

Features

BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven TVTV

Basic Information

Property Type Condo
Floor 28
Bedrooms 2
Size 76 SqM
Price per SqM ฿203,947
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.
฿3,040/mo
Listed By
Private Owner
Date Listed Feb 15, 2021
Last Updated 9 months ago
Unit ID U654366

Price Analysis

Above Average
Estimated market value ฿14,254,730
Great
฿11,600,000
Good
Fair
Above
฿12,800,000
Current asking Price: ฿15,500,000 | Advertised rental rate: ฿45,000/mo
This condo is ฿1,245,270 ABOVE MARKET (9%) 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.
฿3,040/mo
Rent
฿45,000/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.
29
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.
3%

Project Details

Project Name: The Address Sathorn
Developer: AP (Thailand)
Construction: Completed (Dec 2011)
Floors: 40
Buildings: 1
Units: 562
Project Area: 5,524 SqM
Nearest Landmark Chong Nonsi BTS - 0.4 Km
Location: Si Lom, Bang Rak, Bangkok
The Address Sathorn Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Party Hall / Group Entertainment Party Hall / Group Entertainment
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Address Sathorn

  • Communal Pool
    Ground Floor
  • Communal Pool
    40th Floor
  • Communal Gym
    40th Floor
  • Communal Garden Area
    Ground Floor
  • Jacuzzi
    40th Floor
  • Jacuzzi
    1st Floor

Available Units at The Address Sathorn

For Sale 15 For Rent 25
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Size 46.50 SqM Size
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Thai Quota Fully Furnished City View
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฿197,849
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฿186,455
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Beds 1 Beds
Baths 1 Baths
Size 46.66 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished City View
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Beds 2 Beds
Baths 2 Baths
Size 75 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished City View
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Beds 1 Beds
Baths 1 Baths
Size 50 SqM Size
Floor 12 Floor
Fully Furnished City View
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Available Units at The Address Sathorn
฿189,394
Beds 2 Beds
Baths 2 Baths
Size 66 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished City View
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Available Units at The Address Sathorn
฿156,786
Great Price
Beds 1 Beds
Baths 1 Baths
Size 56 SqM Size
Floor 21 Floor
Thai Quota Fully Furnished City View
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Beds 2 Beds
Baths 2 Baths
Size 75 SqM Size
Floor 14 Floor
Negotiable City View
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฿200,000
Beds 2 Beds
Baths 2 Baths
Size 80 SqM Size
Floor 12 Floor
Thai Quota Fully Furnished City View
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Beds 1 Beds
Baths 1 Baths
Size 48 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
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Available Units at The Address Sathorn
฿203,947
Beds 2 Beds
Baths 2 Baths
Size 76 SqM Size
Floor 28 Floor
Thai Quota Fully Furnished City View
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Available Units at The Address Sathorn
฿195,612
Good Price
Beds 2 Beds
Baths 2 Baths
Size 75.66 SqM Size
Floor 32 Floor
Thai Quota Fully Furnished City View
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Available Units at The Address Sathorn
-
Beds 2 Beds
Baths 2 Baths
Size 75.50 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished City View
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Available Units at The Address Sathorn
฿183,929
Good Price
Beds 2 Beds
Baths 2 Baths
Size 70 SqM Size
Floor 31 Floor
Thai Quota Fully Furnished City View
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Available Units at The Address Sathorn
฿215,455
Beds 2 Beds
Baths 2 Baths
Size 66 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
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Available Units at The Address Sathorn
-
Beds 1 Beds
Baths 1 Baths
Size 56 SqM Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Favorite
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Available Units at The Address Sathorn
฿203,947
Beds 2 Beds
Baths 2 Baths
Size 76 SqM Size
Floor 28 Floor
Thai Quota Fully Furnished City View
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Available Units at The Address Sathorn
-
Beds 1 Beds
Baths 1 Baths
Size 55 SqM Size
Floor 21 Floor
Thai Quota Fully Furnished City View
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Available Units at The Address Sathorn
-
Beds 2 Beds
Baths 2 Baths
Size 81 SqM Size
Floor 27 Floor
Thai Quota Fully Furnished City View
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Available Units at The Address Sathorn
฿184,783
Great Price
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished City View
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Available Units at The Address Sathorn
฿163,864
Great Price
Beds 2 Beds
Baths 2 Baths
Size 66 SqM Size
Floor 24 Floor
Thai Quota Fully Furnished City View
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Available Units at The Address Sathorn
-
Beds 2 Beds
Baths 2 Baths
Size 81 SqM Size
Floor 15 Floor
Fully Furnished
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Available Units at The Address Sathorn
-
Beds 2 Beds
Baths 2 Baths
Size 70 SqM Size
Floor - Floor
Negotiable
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Available Units at The Address Sathorn
฿125,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 56 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
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Available Units at The Address Sathorn
-
Beds 2 Beds
Baths 2 Baths
Size 66 SqM Size
Floor 36 Floor
Thai Quota Fully Furnished City View
Favorite
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Available Units at The Address Sathorn
-
Beds 1 Beds
Baths 1 Baths
Size 55.30 SqM Size
Floor 30 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to The Address Sathorn

Loan Calculator

Frequently asked questions

No pets are allowed at The Address Sathorn 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 ฿40 per square meter based on the size of indoor area of the property and is ฿3,040 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.
Chong Nonsi BTS is the nearest BTS from The Address Sathorn and it is 0.4 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 Sathorn 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 4.33
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Luxurious condo in town
4.7 Neil Shaffer, Austria, 2 years ago
I’ve rented a one-bedroom unit here for about a month now. The room is quite small, but the space proportion is okay. Anyways, the kitchen area is a bit small, making cooking uncomfortable sometimes. I like the interior design, which is super luxurious. The furniture is all premium. Another thing I like is the rooftop swimming pool with an incredible view. For commuting, walking to Chong Nonsi BTS station takes less than 5 minutes, which is very convenient. This place is not suitable for people who have a car as the parking space isn’t enough, and Sathorn Road is well known for traffic jams. Other than that, there is no problem. For sure, I will extend my rental contract for sure.
Luxury condo in Sathorn area
4 Odelia Mccrum, Finland, 2 years ago
A luxury condo in the Sathon area, the surrounding area is surrounded by many amenities, including restaurants, convenience stores, and cafes. The condo facilities are complete, comprising a swimming pool, a gym, a multi-purpose room, and many leisure corners. The residents can comfortably relax and privately. Besides, our room can see Bangkok's romantic and beautiful view at night in a warm atmosphere, perfect for relaxation.

Bangkok

Si Lom

Neighborhood Overview

Location and Neighborhood

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Projects Nearby The Address Sathorn

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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
Tait 12
Location
Bang Rak, Bangkok, Thailand
Number of units
238
Sales Prices
฿9.5M - ฿47.6M
Monthly Rentals
N/A
Year Built
Jan 2023
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Off Plan
Project Name
Ivy Sathorn 10
Location
Bang Rak, Bangkok, Thailand
Number of units
300
Sales Prices
฿4.25M - ฿11.4M
▼ -0.8% underpriced
Monthly Rentals
฿17K - ฿40K
Year Built
Dec 2008
Completion Status
Completed
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Silom Suite
Location
Bang Rak, Bangkok, Thailand
Number of units
281
Sales Prices
฿12.9M
▼ -10% underpriced
Monthly Rentals
฿23K - ฿50K
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Jan 1997
Completion Status
Completed
Project Name
Life@Sathorn 10
Location
Bang Rak, Bangkok, Thailand
Number of units
286
Sales Prices
฿4.97M - ฿10.3M
Monthly Rentals
฿16K - ฿45K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Anil Sathorn 12
Location
Bang Rak, Bangkok, Thailand
Number of units
222
Sales Prices
฿12.1M - ฿34.4M
▼ -10.4% underpriced
Monthly Rentals
N/A
Year Built
Apr 2022
Completion Status
Off Plan
Location
Bang Rak, Bangkok, Thailand
Number of units
200
Sales Prices
฿45M - ฿450M
▲ 1.8% overpriced
Monthly Rentals
฿120K - ฿600K
Year Built
Dec 2016
Completion Status
Completed
Location
Bang Rak, Bangkok, Thailand
Number of units
219
Sales Prices
฿9.5M - ฿16.5M
▼ -6.4% underpriced
Monthly Rentals
฿30K
Year Built
Dec 2015
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Completed
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The Lofts Silom
Location
Bang Rak, Bangkok, Thailand
Number of units
268
Sales Prices
฿10.1M - ฿33.8M
▼ -6.7% underpriced
Monthly Rentals
฿25K - ฿48K
Year Built
Jun 2020
Completion Status
Completed
Location
Bang Rak, Bangkok, Thailand
Number of units
177
Sales Prices
฿7M - ฿11.9M
▼ -24.3% underpriced
Monthly Rentals
฿45K - ฿120K
Year Built
Dec 2011
Completion Status
Completed
Location
Bang Rak, Bangkok, Thailand
Number of units
N/A
Sales Prices
฿13.2M
Monthly Rentals
฿19K
Year Built
Jan 2006
Completion Status
Completed
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