The Park Chidlom

4.5 (1 Review)

Lumphini, Pathum Wan,Bangkok

Unit ID: U650800
3% Rental Yield
฿40,000,000
Bedroom
2 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
145.60 SqM Size
Floors
3 Floor
Construction
Dec 2008 Completed

2 Bedroom Condo for sale at The Park Chidlom

This property is a 145.60 SqM condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the The Park Chidlom project in Lumphini, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿40,000,000 (฿274,725/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 3
Bedrooms 2
Size 145.60 SqM
Price per SqM ฿274,725
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.
฿7,280/mo
Listed By
Private Owner
Date Listed Feb 15, 2021
Last Updated 3 weeks ago
Unit ID U650800

Price Analysis

Above Average
Estimated market value ฿29,302,405
Great
฿28,100,000
Good
Fair
Above
฿30,500,000
Current asking Price: ฿40,000,000 | Rental estimate: ฿99,000/mo
This condo is ฿10,697,595 ABOVE MARKET (37%) 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
฿40,000,000
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.
฿7,280/mo
Est. Rent
฿99,000/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.
33
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 Park Chidlom, and the current sales price.
3%

Project Details

Project Name: The Park Chidlom
Construction: Completed (Dec 2008)
Floors: 28
Buildings: 1
Units: 218
Project Area: 8,737 SqM
Nearest Landmark Chit Lom BTS - 0.5 Km
Location: Lumphini, Pathum Wan, Bangkok
The Park Chidlom Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
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
Walking / Running Track Walking / Running Track
Basketball Net Basketball Net
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Kids Pool Kids Pool
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area
Library / Reading Room Library / Reading Room
Lounge Lounge
Golf Simulator Golf Simulator
Pool / Snooker Table Pool / Snooker Table
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Park Chidlom

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at The Park Chidlom

For Sale 3 For Rent 16
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Available Units at The Park Chidlom
฿272,414
Beds 2 Beds
Baths 3 Baths
Size 145 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
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Available Units at The Park Chidlom
-
Beds 3 Beds
Baths 3 Baths
Size 315 SqM Size
Floor - Floor
Negotiable
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Available Units at The Park Chidlom
฿196,336
Good Price
Beds 2 Beds
Baths 3 Baths
Size 152.29 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished City View
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Available Units at The Park Chidlom
-
Beds 4 Beds
Baths 4 Baths
Size 258 SqM Size
Floor 8 Floor
Thai Quota Fully Furnished City View
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Available Units at The Park Chidlom
฿274,725
Beds 2 Beds
Baths 3 Baths
Size 145.60 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
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Compare
Available Units at The Park Chidlom
-
Beds 2 Beds
Baths 2 Baths
Size 145 SqM Size
Floor 10 Floor
Fully Furnished City View
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Compare
Available Units at The Park Chidlom
-
Beds 4 Beds
Baths 5 Baths
Size 315 SqM Size
Floor 17 Floor
Fully Furnished City View
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Available Units at The Park Chidlom
-
Beds 3 Beds
Baths 3 Baths
Size 301 SqM Size
Floor 8 Floor
Negotiable City View
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Available Units at The Park Chidlom
-
Beds 3 Beds
Baths 4 Baths
Size 287 SqM Size
Floor - Floor
Foreign Quota Fully Furnished City View
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Available Units at The Park Chidlom
-
Beds 3 Beds
Baths 4 Baths
Size 288 SqM Size
Floor 22 Floor
Fully Furnished City View
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Available Units at The Park Chidlom
-
Beds 3 Beds
Baths 3 Baths
Size 287 SqM Size
Floor 9 Floor
Negotiable
Favorite
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Available Units at The Park Chidlom
-
Beds 3 Beds
Baths 4 Baths
Size 287 SqM Size
Floor - Floor
Negotiable
Favorite
Compare
Available Units at The Park Chidlom
-
Beds 3 Beds
Baths 3 Baths
Size 242.92 SqM Size
Floor 25 Floor
Unfurnished City View
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Available Units at The Park Chidlom
-
Beds 2 Beds
Baths 3 Baths
Size 145 SqM Size
Floor - Floor
Negotiable
Favorite
Compare
Available Units at The Park Chidlom
-
Beds 4 Beds
Baths 4 Baths
Size 305 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
Favorite
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Available Units at The Park Chidlom
-
Beds 3 Beds
Baths 3 Baths
Size 256 SqM Size
Floor 23 Floor
Negotiable
Favorite
Compare
Available Units at The Park Chidlom
-
Beds 3 Beds
Baths 4 Baths
Size 287 SqM Size
Floor 10 Floor
Fully Furnished
Favorite
Compare
Available Units at The Park Chidlom
-
Beds 4 Beds
Baths 4 Baths
Size 287 SqM Size
Floor 12 Floor
Fully Furnished
Get notified when new homes are being added to The Park Chidlom

Loan Calculator

Frequently asked questions

No pets are allowed at The Park 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 ฿50 per square meter based on the size of indoor area of the property and is ฿7,280 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 Park Chidlom and it is 0.5 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 Park 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

Do you own a property at The Park Chidlom?

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Reviews

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I am pretty satisfied with this place
4.5 David Copp, Austria, 2 years ago
I rent here on a monthly basis. Overall, I am pretty satisfied with this place. First of all, what I like the most about this project is the location. Just so you know, living in Bangkok, the location comes first. The location here is very good, close to Chit Lom BTS station, convenient to travel everywhere. In addition, there are also famous shopping centers around, such as Central Chidlom, Central World, and Siam Paragon. It made my weekends never boring. In terms of the room, it is considered okay. There are 2 bedrooms to choose from until the penthouse. My room is a 2-bedroom room. Seriously, the room is in general with the perfect size and fully furnished. Another thing that WOW is about the facilities. In addition to having basic amenities, It is also a barbecue area, simulated golf course, and co-working space. It is considered high in terms of rental price, but if compared to what you have received, it's worth it.

Bangkok

Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

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