The Address Siam-Ratchathewi

5 (1 Review)

Thanon Phet Buri, Ratchathewi,Bangkok

Unit ID: U181297
฿15,995,712 Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
69.50 SqM Size
Floors
12 Floor
Construction
Dec 2022 Off Plan

2 Bedroom Condo for sale at The Address Siam-Ratchathewi

This property is a 69.50 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Address Siam-Ratchathewi project in Thanon Phet Buri, Bangkok and it is scheduled for completion in Dec 2022. You can buy this condo for a base price of ฿15,995,712 (฿230,154/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 12
Bedrooms 2
Size 69.50 SqM
Price per SqM ฿230,154
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
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 2BR
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.
฿4,518/mo
Listed By
Developer
Date Listed Oct 4, 2019
Last Updated 1 year ago
Unit ID U181297

Price Analysis

Good Price
Estimated market value ฿16,681,404
Great
฿8,600,000
Good
Fair
Above
฿9,030,000
Current asking Price: ฿15,995,712
This condo is ฿685,692 BELOW MARKET (-4%) 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
฿15,995,712
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.
฿4,518/mo

Project Details

Developer: AP (Thailand)
Construction: Off Plan (Dec 2022)
Floors: 50
Buildings: N/A
Units: 880
Project Area: 5,423 SqM
Nearest Landmark Ratchathewi BTS - 0.2 Km
Location: Thanon Phet Buri, Ratchathewi, Bangkok
The Address Siam-Ratchathewi 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
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at The Address Siam-Ratchathewi

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Loan Calculator

Payment Plan

1 Bedroom - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
within 30 days after the booking date
10%
2nd Installment
within 180 days after the booking date
5%
3rd Installment
On completion
85%
2 Bedroom - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
within 30 days after the booking date
10%
2nd Installment
within 180 days after the booking date
5%
3rd Installment
On completion
85%
Penthouse - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
within 30 days after the booking date
10%
2nd Installment
within 180 days after the booking date
5%
3rd Installment
On handover
85%

Frequently asked questions

The common area maintenance fee is ฿65 per square meter based on the size of indoor area of the property and is ฿4,518 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 The Address Siam-Ratchathewi the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Ratchathewi BTS is the nearest BTS from The Address Siam-Ratchathewi and it is 0.2 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 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

1 Bedroom - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
within 30 days after the booking date
10%
2nd Installment
within 180 days after the booking date
5%
3rd Installment
On completion
85%
2 Bedroom - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
within 30 days after the booking date
10%
2nd Installment
within 180 days after the booking date
5%
3rd Installment
On completion
85%
Penthouse - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
within 30 days after the booking date
10%
2nd Installment
within 180 days after the booking date
5%
3rd Installment
On handover
85%

Read more here

 

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being 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
Luxury condo in the heart of the city
5 Adam Ryan, United States, 4 months ago
It is a high-end condominium development in the heart of the city. A rooftop has an infinity pool and a fitness center, overlooking a panoramic view of Bangkok. The condo's rooms are standard, spacious, and artistically decorated. Inside, all pieces of furniture are imported, very luxurious, and the location is fantastic. We can count down on the New Year and see the fireworks from Central World right from the room. And only a few minutes from the project, I can get to famous shopping malls. There are both Central World and Siam Paragon, as well as famous restaurants. It's extremely convenient. It appeals to me greatly.

Bangkok

Thanon Phet Buri

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby The Address Siam-Ratchathewi

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