2 Bedroom Condo for sale at The Ritz-Carlton Residences At MahaNakhon

4.7 (7 Reviews)
Si Lom, Bang Rak,Bangkok
Unit ID: U1019442
3% Rental Yield
฿53,000,000 Great Price
2 Bedrooms
3 Bathrooms
145.55 SqM Size
26 Floor
Dec 2016 Completed

About This Condo

This property is a 145.55 SqM condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the The Ritz-Carlton Residences At MahaNakhon project in Si Lom, Bangkok and was completed in Dec 2016. You can buy this condo for a base price of ฿53,000,000 (฿364,136/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 26
Bedrooms 2
Size 145.55 SqM
Price per SqM ฿364,136
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.
฿170/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 Aug 9, 2021
Last Updated 1 year ago
Unit ID U1019442

Price Analysis

Great Price
Estimated market value ฿63,547,361
Great
฿57,000,000
Good
Fair
Above
฿69,900,000
Current asking Price: ฿53,000,000 | Rental estimate: ฿136,000/mo
This condo is ฿10,547,361 BELOW MARKET (-17%) 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
฿53,000,000
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.
฿170/mo
Est. Rent
฿136,000/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 Ritz-Carlton Residences At MahaNakhon, and the current sales price.
3%

Project Details

Developer: PACE Development
Construction: Completed (Dec 2016)
Floors: 77
Buildings: 1
Units: 200
Project Area: 14,999 SqM
Nearest Landmark Chong Nonsi BTS - 0.5 Km
Location: Si Lom, Bang Rak, Bangkok
The Ritz-Carlton Residences At MahaNakhon Project Details

Project Features

On Site Restaurant On Site Restaurant
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
Sauna Sauna

Popular Facilities at The Ritz-Carlton Residences At MahaNakhon

  • Communal Pool
    7th Floor
  • Communal Gym
    7th Floor
  • Lounge
    54th Floor
  • Library / Reading Room
    54th Floor
  • Mini Theater
    7th Floor
  • Pool / Snooker Table
    54th Floor

Available Units at The Ritz-Carlton Residences At MahaNakhon

For Sale 18 For Rent 17
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Available: Mar 1, 2023 Available Units at The Ritz-Carlton Residences At MahaNakhon
-
Beds 2 Beds
Baths 3 Baths
Size 147 SqM Size
Floor 41 Floor
Fully Furnished City View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
฿421,179
Good Price
Beds 2 Beds
Baths 2 Baths
Size 132.96 SqM Size
Floor 29 Floor
Foreign Quota Fully Furnished City View
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Available: May 30, 2025 Available Units at The Ritz-Carlton Residences At MahaNakhon
฿430,000
Beds 2 Beds
Baths 2 Baths
Size 143 SqM Size
Floor 52 Floor
Foreign Quota Partly Furnished City View
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Available: Oct 31, 2022 Available Units at The Ritz-Carlton Residences At MahaNakhon
฿736,544
Beds 3 Beds
Baths 3 Baths
Size 353 SqM Size
Floor 69 Floor
Foreign Quota Fully Furnished Skyline View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
฿363,636
Beds 2 Beds
Baths 2 Baths
Size 132 SqM Size
Floor 32 Floor
Foreign Quota Fully Furnished City View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
฿401,361
Great Price
Beds 2 Beds
Baths 3 Baths
Size 147 SqM Size
Floor 47 Floor
Thai Quota Fully Furnished Garden View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
฿575,918
Beds 4 Beds
Baths 4 Baths
Size 345.24 SqM Size
Floor 62 Floor
Foreign Quota Partly Furnished City View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
฿425,676
Good Price
Beds 2 Beds
Baths 3 Baths
Size 148 SqM Size
Floor 45 Floor
Thai Quota Fully Furnished City View
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Available: Jan 1, 2023 Available Units at The Ritz-Carlton Residences At MahaNakhon
฿340,909
Great Price
Beds 2 Beds
Baths 2 Baths
Size 132 SqM Size
Floor 24 Floor
Thai Quota Fully Furnished City View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
-
Beds 2 Beds
Baths 2 Baths
Size 126 SqM Size
Floor 42 Floor
Unfurnished City View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
-
Beds 2 Beds
Baths 2 Baths
Size 125 SqM Size
Floor 52 Floor
Fully Furnished City View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
฿374,429
Beds 3 Beds
Baths 3 Baths
Size 219 SqM Size
Floor 26 Floor
Foreign Quota Fully Furnished City View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
-
Beds 3 Beds
Baths 3 Baths
Size 212 SqM Size
Floor 29 Floor
Partly Furnished City View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
฿364,136
Great Price
Beds 2 Beds
Baths 3 Baths
Size 145.55 SqM Size
Floor 26 Floor
Thai Quota Fully Furnished City View
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Compare
Available: May 1, 2023 Available Units at The Ritz-Carlton Residences At MahaNakhon
-
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor 30 Floor
Fully Furnished Skyline View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
฿390,000
Good Price
Beds 2 Beds
Baths 2 Baths
Size 150.50 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished City View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
฿485,366
Good Price
Beds 3 Beds
Baths 3 Baths
Size 205 SqM Size
Floor 31 Floor
Thai Quota Fully Furnished City View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
-
Beds 2 Beds
Baths 2 Baths
Size 124 SqM Size
Floor 50 Floor
Unfurnished City View
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Available: Mar 1, 2023 Available Units at The Ritz-Carlton Residences At MahaNakhon
฿512,195
Beds 3 Beds
Baths 3 Baths
Size 205 SqM Size
Floor 33 Floor
Foreign Quota Unfurnished City View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
฿392,000
Beds 2 Beds
Baths 2 Baths
Size 125 SqM Size
Floor 52 Floor
Foreign Quota Fully Furnished City View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
-
Beds 3 Beds
Baths 3 Baths
Size 230 SqM Size
Floor 32 Floor
Partly Furnished Skyline View
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Compare
Available: Mar 1, 2023 Available Units at The Ritz-Carlton Residences At MahaNakhon
-
Beds 2 Beds
Baths 3 Baths
Size 145 SqM Size
Floor 41 Floor
Partly Furnished Skyline View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
-
Beds 3 Beds
Baths 3 Baths
Size 210 SqM Size
Floor 48 Floor
Partly Furnished Skyline View
Favorite
Compare
Available Units at The Ritz-Carlton Residences At MahaNakhon
-
Beds 2 Beds
Baths 2 Baths
Size 125 SqM Size
Floor 40 Floor
Fully Furnished City View
Favorite
Compare
Available Units at The Ritz-Carlton Residences At MahaNakhon
฿495,495
Beds 3 Beds
Baths 3 Baths
Size 222 SqM Size
Floor 53 Floor
Foreign Quota Fully Furnished City View
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Compare
Available Units at The Ritz-Carlton Residences At MahaNakhon
-
Beds 2 Beds
Baths 2 Baths
Size 147 SqM Size
Floor 43 Floor
Fully Furnished City View
Favorite
Compare
Available: Mar 1, 2023 Available Units at The Ritz-Carlton Residences At MahaNakhon
-
Beds 2 Beds
Baths 2 Baths
Size 149 SqM Size
Floor 53 Floor
Fully Furnished City View
Favorite
Compare
Available Units at The Ritz-Carlton Residences At MahaNakhon
฿389,179
Great Price
Beds 3 Beds
Baths 3 Baths
Size 191.15 SqM Size
Floor 26 Floor
Foreign Quota Partly Furnished City View
Favorite
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Available Units at The Ritz-Carlton Residences At MahaNakhon
฿451,128
Beds 2 Beds
Baths 2 Baths
Size 133 SqM Size
Floor 30 Floor
Foreign Quota Fully Furnished City View
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Available Units at The Ritz-Carlton Residences At MahaNakhon
฿559,896
Great Price
Beds 3 Beds
Baths 3 Baths
Size 384 SqM Size
Floor 64 Floor
Fully Furnished City View
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿500,000
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

Frequently Asked Questions

All kind of pets are allowed at The Ritz-Carlton Residences At MahaNakhon including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at The Ritz-Carlton Residences At MahaNakhon is a fixed amount of ฿170. This amount 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 Ritz-Carlton Residences At MahaNakhon the required payment for the sinking fund is a fixed amount of ฿1,200.
Chong Nonsi BTS is the nearest BTS Station from The Ritz-Carlton Residences At MahaNakhon 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 Ritz-Carlton Residences At MahaNakhon you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿500,000
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

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

4.7 out of 5 4.7
Based on
7 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A Landmark Residence + Giant Soup Bowl Bathtub!
4.8 Verified Visitor, 2 years ago
If you're looking to live like a king, this place is definitely for you. Not only is it located in an accessible location, it's also located within the iconic Mahanakhon building. The units are grander than you can imagine with spectacular views of the city. My favourite room in the unit must be the bathroom with marble walls and floorings-- not to mention the giant soup bowl bathtub right in the centre!
Worldwide known residential building
5 Maxime Lienard, Visitor, 2 years ago
Ritz Carlton is not only the most impressive tower in Bangkok, its also one of the best luxury investment projects in town with high occupancy rate. The quality of the units there is amazing, from roof to floor. hight ceiling, perfect lighting, big windows everywhere, incredible marble bathrooms, open over view on the city or the river.
Luxury & worth the price
4.5 Cassaundra Amendola, Singapore, 2 years ago
It is a World Class luxury room, which I am very impressed that I have chosen to buy a room in a condo. Many things meet the needs of living in the city as well. The project's common area is beautifully designed and has many facilities such as the swimming pool, a fitness room, a yoga center, and a theater room. There is also a lounge on the 54th floor that impressed me the most as it provides privacy to the residents. It also offers a 360-degree Bangkok city view. For the parking lot, we can park 2 cars privately, which is ok and very convenient for people with their cars. This place is ok with me, and not disappointed at all to buy a room in this condo.
High-end project
5 Jeremy Yeats, United Kingdom, 2 years ago
Just seeing from the building's exterior, I'm not surprised how attractive the interior is. The tall building is outstanding in the prime area of a business district of Bangkok. Conveniently located near Chong Nonsi BTS, and next to Mahanakhon CUBE shopping mall. The Ritz-Carlton Residences is a luxury project that many people could dream of that serves all residents' convenience. They can enjoy a city-view swimming pool, a gym, a library, and a lounge. The room, decorated with furniture from leading brands, is spacious, clean, and safe. It seems like the project has already targeted the clients' group as it's quite pricey. If I have a chance, I will definitely get it.
It is located in the business center.
4.7 Sharanya H., India, 3 years ago
The condo is excellent; it is located in the business center, near Chong Nonsi BTS, Lumpini Park, Chulalongkorn Hospital, and many shopping centers. The condo design is outstanding and very high. The interior is elegantly decorated. Excellent facilities include a movie theater, lounge, fitness room, swimming pool, and more. The rooms are different from 2 to 5 bedrooms, fully furnished. The price is very attractive. I really like it.
Definitely worth the investment
4 Marjorie Billy, Australia, 3 years ago
Modern condo with complete facilities. Plus, the staff are friendly, helpful, and professional. If anyone is looking for a condo to invest in, I recommend investing here because it is very close to Chong Nonsi BTS, Siam Paragon, and Central World, just a few minutes. The atmosphere is also nice. If you buy to live or rent it out, it is very worthwhile. Also, it is surrounded by shops, convenience stores, and other places like Pratunam Market.
Expensive, but absolutely beautiful and gorgeous
5 Justin Lipman, Germany, 3 years ago
The building design is beautiful and elegant. It is called the most luxurious and extravagant project in Thailand. I think it's expensive, but when compared with high-class quality, it's super worth it. It is a 5-star hotel service conveniently located and easily accessible. The facilities are complete, including a movie theater, a gym, the sky pool, and the sky lounge. It is suitable for both investing and living.
Bangkok
Si Lom

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Ritz-Carlton Residences At MahaNakhon

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
Project Name
Ivy Sathorn 10
Location
Si Lom, Bang Rak, Bangkok
Number of units
300
Sales Prices
฿4.24M - ฿11.4M
▼ -0.2% underpriced
Monthly Rentals
฿16.9K - ฿39.9K
Year Built
Dec 2008
Completion Status
Completed
Location
Si Lom, Bang Rak, Bangkok
Number of units
286
Sales Prices
฿4.58M - ฿10.3M
▼ -9.3% underpriced
Monthly Rentals
฿16K - ฿44.9K
Year Built
Dec 2010
Completion Status
Completed
Project Name
The Infinity
Location
Si Lom, Bang Rak, Bangkok
Number of units
108
Sales Prices
฿22.4M - ฿55.8M
▲ 5% overpriced
Monthly Rentals
฿49.8K - ฿140K
Year Built
Dec 2007
Completion Status
Completed
Project Name
Diamond Tower
Location
Si Lom, Bang Rak, Bangkok
Number of units
100
Sales Prices
฿3.99M - ฿60.2M
▼ -46% underpriced
Monthly Rentals
฿15K - ฿49.8K
Year Built
Dec 1984
Completion Status
Completed
Project Name
Tait 12
Location
Si Lom, Bang Rak, Bangkok
Number of units
238
Sales Prices
฿9.47M - ฿46.9M
▼ -3.8% underpriced
Monthly Rentals
N/A
Year Built
Jan 2023
Completion Status
Off Plan
Location
Si Lom, Bang Rak, Bangkok
Number of units
562
Sales Prices
฿8.07M - ฿18.3M
▲ 4.2% overpriced
Monthly Rentals
฿21.9K - ฿56.8K
Year Built
Dec 2011
Completion Status
Completed
Project Name
Quad Silom
Location
Si Lom, Bang Rak, Bangkok
Number of units
41
Sales Prices
฿7.88M - ฿14.5M
▼ -1% underpriced
Monthly Rentals
฿24.9K - ฿44.9K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Ashton Silom
Location
Si Lom, Bang Rak, Bangkok
Number of units
428
Sales Prices
฿6.98M - ฿27.4M
▼ -0.8% underpriced
Monthly Rentals
฿29.9K - ฿84.7K
Year Built
Nov 2018
Completion Status
Completed
Location
Si Lom, Bang Rak, Bangkok
Number of units
177
Sales Prices
฿6.88M - ฿11.9M
▼ -14.5% underpriced
Monthly Rentals
฿44.9K - ฿120K
Year Built
Dec 2003
Completion Status
Completed
Project Name
Pearl Garden
Location
Si Lom, Bang Rak, Bangkok
Number of units
69
Sales Prices
฿8.22M - ฿24.9M
Monthly Rentals
฿25.9K - ฿39.9K
Year Built
Dec 1998
Completion Status
Completed
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