The Reserve - Kasemsan 3

4 (1 Review)

Wang Mai, Pathum Wan,Bangkok

Unit ID: U653242
4% Rental Yield
฿12,000,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
70 SqM Size
Floors
3 Floor
Construction
Dec 2014 Completed

2 Bedroom Condo for sale at The Reserve - Kasemsan 3

This property is a 70 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Reserve - Kasemsan 3 project in Wang Mai, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of ฿12,000,000 (฿171,429/SqM) and it is also available for long term rentals starting from ฿42,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 3
Bedrooms 2
Size 70 SqM
Price per SqM ฿171,429
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) Pool View, Blocked 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.
฿4,550/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 Feb 15, 2021
Last Updated 8 months ago
Unit ID U653242

Price Analysis

Above Average
Estimated market value ฿11,116,650
Great
฿7,610,000
Good
Fair
Above
฿7,940,000
Current asking Price: ฿12,000,000 | Advertised rental rate: ฿42,000/mo
This condo is ฿883,350 ABOVE MARKET (8%) 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
฿12,000,000
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.
฿4,550/mo
Rent
฿42,000/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.
24
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.
4%

Project Details

Project Name: The Reserve - Kasemsan 3
Developer: Pruksa Real Estate
Construction: Completed (Dec 2014)
Floors: 7
Buildings: 2
Units: 273
Project Area: 5,828 SqM
Nearest Landmark National Stadium BTS - 0.4 Km
Location: Wang Mai, Pathum Wan, Bangkok
The Reserve - Kasemsan 3 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
Massage Room Massage Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access
Shuttle Bus Shuttle Bus

Popular Facilities at The Reserve - Kasemsan 3

  • Clubhouse
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at The Reserve - Kasemsan 3

For Sale 11 For Rent 3
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Available Units at The Reserve - Kasemsan 3
฿156,410
Good Price
Beds 1 Beds
Baths 1 Baths
Size 39 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished Pool View
Favorite
Compare
Available Units at The Reserve - Kasemsan 3
฿175,439
Great Price
Beds Studio Beds
Baths 1 Baths
Size 28.50 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished
Favorite
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Available Units at The Reserve - Kasemsan 3
฿171,429
Beds 2 Beds
Baths 2 Baths
Size 70 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Pool View
Favorite
Compare
Available Units at The Reserve - Kasemsan 3
฿153,846
Good Price
Beds 1 Beds
Baths 1 Baths
Size 39 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished City View
Favorite
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Available Units at The Reserve - Kasemsan 3
฿200,769
Beds 1 Beds
Baths 1 Baths
Size 39 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at The Reserve - Kasemsan 3
฿194,140
Good Price
Beds Studio Beds
Baths 1 Baths
Size 28.33 SqM Size
Floor 4 Floor
Thai Quota Partly Furnished
Favorite
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Available Units at The Reserve - Kasemsan 3
฿164,141
Beds 1 Beds
Baths 1 Baths
Size 39.60 SqM Size
Floor 3 Floor
Thai Quota Partly Furnished City View
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Available Units at The Reserve - Kasemsan 3
-
Beds 1 Beds
Baths 1 Baths
Size 28 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished
Favorite
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Available Units at The Reserve - Kasemsan 3
฿193,349
Beds 1 Beds
Baths 1 Baths
Size 38.79 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Pool View
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Available Units at The Reserve - Kasemsan 3
-
Beds 2 Beds
Baths 1 Baths
Size 56 SqM Size
Floor 3 Floor
Fully Furnished Pool View
Favorite
Compare
Available Units at The Reserve - Kasemsan 3
฿173,077
Great Price
Beds 1 Beds
Baths 1 Baths
Size 39 SqM Size
Floor 8 Floor
Thai Quota Fully Furnished Pool View
Favorite
Compare
Available Units at The Reserve - Kasemsan 3
฿195,525
Beds 1 Beds
Baths 1 Baths
Size 39.33 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at The Reserve - Kasemsan 3
฿171,795
Great Price
Beds 1 Beds
Baths 1 Baths
Size 39 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to The Reserve - Kasemsan 3

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Frequently asked questions

No pets are allowed at The Reserve - Kasemsan 3 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 ฿65 per square meter based on the size of indoor area of the property and is ฿4,550 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 Reserve - Kasemsan 3 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
National Stadium BTS is the nearest BTS from The Reserve - Kasemsan 3 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 Reserve - Kasemsan 3 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 Reserve - Kasemsan 3?

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Reviews

4 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A beautiful design condo
4 Parawat S., India, 2 years ago
My friends and I are very impressed with this condo. The room is beautifully decorated with a spacious unit area and perfect allocations. There is also a sufficient area for working at home. Importantly, the project surroundings are pleasant, with lovely neighbors and an excellent security system. The security system keeps me safe throughout my stay here. Besides, it is close to National Stadium BTS, which is considered convenient to travel. However, traveling by car is also convenient because there is Rama 1 Road that connects every destination. All in all, The Reserve - Kasemsan 3 is the perfect project for living.

Bangkok

Wang Mai

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby The Reserve - Kasemsan 3

Location
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
Location
Pathum Wan, Bangkok, Thailand
Number of units
303
Sales Prices
฿5.5M - ฿13.1M
Monthly Rentals
฿20.1K - ฿30.2K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Klass Siam
Location
Pathum Wan, Bangkok, Thailand
Number of units
79
Sales Prices
฿7.45M - ฿16.3M
▼ -6.5% underpriced
Monthly Rentals
฿30.2K
Year Built
Jan 2016
Completion Status
Completed
Project Name
Baan Kasemsan 1
Location
Pathum Wan, Bangkok, Thailand
Number of units
N/A
Sales Prices
฿30.2M
Monthly Rentals
N/A
Year Built
Jan 2006
Completion Status
Completed
Location
Pathum Wan, Bangkok, Thailand
Number of units
179
Sales Prices
฿4.59M - ฿11.8M
▲ 6% overpriced
Monthly Rentals
N/A
Year Built
Apr 2018
Completion Status
Completed
Location
Pathum Wan, Bangkok, Thailand
Number of units
333
Sales Prices
฿6.14M
▼ -47% underpriced
Monthly Rentals
N/A
Year Built
Jun 2020
Completion Status
Completed
Project Name
Wish@Siam
Location
Pathum Wan, Bangkok, Thailand
Number of units
284
Sales Prices
฿4.23M - ฿8.4M
▼ -13% underpriced
Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
Location
Pathum Wan, Bangkok, Thailand
Number of units
298
Sales Prices
฿11.1M - ฿13.8M
Monthly Rentals
฿26.2K - ฿65.5K
Year Built
Dec 2012
Completion Status
Completed
Project Name
Maestro 12
Location
Pathum Wan, Bangkok, Thailand
Number of units
115
Sales Prices
฿4.8M - ฿11.8M
▼ -11% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Pathum Wan, Bangkok, Thailand
Number of units
209
Sales Prices
฿12.1M
▼ -38% underpriced
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Off Plan
Location
Pathum Wan, Bangkok, Thailand
Number of units
581
Sales Prices
฿6.9M - ฿16.6M
Monthly Rentals
฿22.2K - ฿55.4K
Year Built
Dec 2006
Completion Status
Completed
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