The Monument Thonglor

4.2 (5 Reviews)

Khlong Tan Nuea, Watthana,Bangkok

Unit ID: U1006776
4% Rental Yield
฿34,000,000 Great Price
Bedroom
2 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
125 SqM Size
Floors
14 Floor
Construction
Dec 2019 Completed

2 Bedroom Condo for sale at The Monument Thonglor

This property is a 125 SqM condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the The Monument Thonglor project in Khlong Tan Nuea, Bangkok and was completed in Dec 2019. You can buy this condo for a base price of ฿34,000,000 (฿272,000/SqM).

Features

BalconyBalcony BathtubBathtub

Basic Information

Property Type Condo
Floor 14
Bedrooms 2
Size 125 SqM
Price per SqM ฿272,000
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 The Monument Thonglor
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.
฿10,000/mo
Listed By
Private Owner
Date Listed Jun 24, 2021
Last Updated 2 months ago
Unit ID U1006776

Price Analysis

Great Price
Estimated market value ฿50,343,498
Great
฿27,700,000
Good
Fair
Above
฿28,500,000
Current asking Price: ฿34,000,000 | Rental estimate: ฿100,000/mo
This condo is ฿16,343,498 BELOW MARKET (-32%) 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
฿34,000,000
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.
฿10,000/mo
Est. Rent
฿100,000/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 The Monument Thonglor, and the current sales price.
4%

Project Details

Project Name: The Monument Thonglor
Developer: Sansiri
Construction: Completed (Dec 2019)
Floors: 45
Buildings: 1
Units: 127
Project Area: 3,200 SqM
Nearest Landmark Thong Lo BTS - 2.1 Km
Location: Khlong Tan Nuea, Watthana, Bangkok
The Monument Thonglor 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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Yoga Area Yoga Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Monument Thonglor

  • Communal Garden Area
    Ground Floor
  • Communal Pool
    2nd Floor
  • Communal Gym
    2nd Floor
  • Reception / Lobby Area
    Ground Floor
  • Lounge
    2nd Floor

Available Units at The Monument Thonglor

For Sale 1 For Rent 2
Get notified when new homes are being added to The Monument Thonglor

Loan Calculator

Payment Plan

2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Upon contract signing
25%
2nd Installment
On handover
75%
3 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿500,000
1st Installment
Upon contract signing
25%
2nd Installment
On handover
75%
Payment Plan For Penthouse
Installment Milestone Payment
Reservation Deposit
Immediately
฿1,000,000
1st Installment
Upon contract signing
25%
2nd Installment
On handover
77%

Frequently asked questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at The Monument Thonglor.
The common area maintenance fee is ฿80 per square meter based on the size of indoor area of the property and is ฿10,000 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 Monument Thonglor the required payment for the sinking fund is ฿700 per square meter based on the size of the indoor area of the property.
Thong Lo BTS is the nearest BTS from The Monument Thonglor and it is 2.1 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 Monument Thonglor you have to follow these steps:

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

 


2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Upon contract signing
25%
2nd Installment
On handover
75%
3 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿500,000
1st Installment
Upon contract signing
25%
2nd Installment
On handover
75%
Payment Plan For Penthouse
Installment Milestone Payment
Reservation Deposit
Immediately
฿1,000,000
1st Installment
Upon contract signing
25%
2nd Installment
On handover
77%

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 The Monument Thonglor?

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Reviews

4.2 out of 5 4.2
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good location, excellent security
3.7 Jinny L., Singapore, 1 year ago
The Thonglor area is considered in residential areas, and I think this place is quite okay. The room I stayed in was a 2 bedroom type which was spacious and fully furnished. The common area has a garden, a swimming pool, and a fitness center. It is comfortable, and you rarely have to go out. Plus, traveling is easy and hassle. The staff is super helpful. The security system is also excellent, with CCTV installed around the building, and there is also a 24-hour security guard.
The tallest condominium at Thonglor
4.8 Katy Samons, United States, 1 year ago
It is said that The Monument Thonglor is a luxury condominium. As I heard, it is the tallest project in the Thonglor area recently, yet it is very luxurious since entering the project. The project's entrance using an RFID system that can be driven through the door is quite convenient. The project uses decorations from many world-class brands. There are very few units per floor, which marked a private atmosphere. The room I am interested in is a 3-bedroom unit with a living area of 252.25 sq.m. When I open the door, a lobby hall is in front of my room. It is also possible to open the window to get a natural breeze that feels like living in a single house. Materials decorated in the room are excellent, such as imported marble, kitchen appliances from Smeg (made in Italy), and Binova kitchen set. Also, the room's Low-E window glass is designed to prevent the heat from the outside up to 50% and block noise from the outside up to 30%. The room's size is spacious and has plenty of usable space with built-in furniture designed to be elegant and beautiful with complete functions. Besides, the view from every room has an exclusive view. The most important is that the dogs are allowed to bring up in this project, but the size must not weigh more than 10 kg. In front of the project, there is a green garden area and Dog Park. There is much green space, both front and back gardens. If you buy a room with a 3-bedrooms or bigger, you will have a private car park, which the project specially provides. We don't need to worry about parking spaces because the space for parking is spacious and enough for all residents. Moreover, the project also focuses on art and artworks that can be viewed in the reception hall and common areas; another highlight is that the project's swimming pool is unique and beautiful. However, it is relatively not private because it is in the middle of the building. Overall it is PERFECT! If you want to invest in a property, I would highly recommend this place as an option because it is worth the money.
Fully-equipped condo, beautiful modern design
4 Kiara Graland, Denmark, 2 years ago
The condo is comfortable. For me, this place makes my vacation in Bangkok perfect because it is equipped with a variety of facilities, comprising a swimming pool with a Jacuzzi, a fitness center, and other premium services. It is also surrounded by amenities such as Thonglor BTS station, Terminal 21, and Bangkok Hospital, just minutes away. Very good! I am impressed with the room as it is stylish and looks good with perfect room division. This place is complete situated in the middle of the city as well.
I made the right choice buying here
4.5 Elijah Murphy, New Zealand, 2 years ago
I made the right decision. I can say that the design and material used are elegant and classy. Also, the facilities are so modern. Living here is so private as there are four units on each floor, and also there is a private elevator. For those who are interested buy for investment, I think it’s a good option. As you know, Thonglor district is another CBD in Bangkok. It might be easy for sale or renting out.
The cats are allowed. I love it!
4 Shonda Engberg, Australia, 2 years ago
It is another luxury project that I'm impressed with since the tallest building on Thonglor Road overlooking a clearer city view than other nearby buildings. This place is incredibly luxurious, where the lobby is decorated with high-quality materials from abroad. Besides, Various furniture is designed by famous designers, and everything looks perfect. However, the starting prices are considered very high. It is probably because it is located in an economic district. So, the land price here is higher than in other areas. However, it is worth it, and it is suitable for the price compared with the convenience that we get. The services include a common area with premium facilities, and the pets are allowed as well. This condo well-matches many needs and is very attractive to businessmen.

Bangkok

Khlong Tan Nuea

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