Asoke Towers

4.17 (1 Review)

Khlong Toei Nuea, Watthana,Bangkok

Unit ID: U61369
3% Rental Yield
฿18,000,000 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
150 SqM Size
Floors
19 Floor
Construction
Dec 1985 Completed

3 Bedroom Condo for sale at Asoke Towers

This property is a 150 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Asoke Towers project in Khlong Toei Nuea, Bangkok and was completed in Dec 1985. You can buy this condo for a base price of ฿18,000,000 (฿120,000/SqM) and it is also available for long term rentals starting from ฿40,000 per month.

Features

TerraceTerrace Corner UnitCorner Unit Maids QuartersMaids Quarters

Basic Information

Property Type Condo
Floor 19
Bedrooms 3
Size 150 SqM
Price per SqM ฿120,000
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%.

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 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.
N/A
Listed By
Private Owner
Date Listed Jan 15, 2018
Last Updated 9 months ago
Unit ID U61369

3D Walkthrough

Price Analysis

Good Price
Estimated market value ฿18,065,490
Great
฿12,600,000
Good
Fair
Above
฿13,100,000
Current asking Price: ฿18,000,000 | Advertised rental rate: ฿40,000/mo
This condo is priced at the current market value 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
฿18,000,000
Rent
฿40,000/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.
38
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.
3%

Project Details

Project Name: Asoke Towers
Developer: Asoke Motors
Construction: Completed (Dec 1985)
Floors: 28
Buildings: 1
Units: 99
Project Area: 7,200 SqM
Nearest Landmark Phetchaburi MRT - 0.4 Km
Location: Khlong Toei Nuea, Watthana, Bangkok
Asoke Towers 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
Tennis Court Tennis Court
Reception / Lobby Area Reception / Lobby Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Asoke Towers

  • Communal Pool
    9th Floor
  • Communal Gym
    9th Floor
  • Tennis Court
    9th Floor
  • Communal Garden Area
    9th Floor

Available Units at Asoke Towers

For Sale 9 For Rent 6
Get notified when new homes are being added to Asoke Towers

Loan Calculator

Frequently asked questions

No pets are allowed at Asoke Towers unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phetchaburi MRT is the nearest MRT from Asoke Towers 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 Asoke Towers 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 Asoke Towers?

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Reviews

4.2 out of 5 4.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo in the city center
4.2 Chang Zi sāng, China, 1 year ago
I have a small business here, and I rented the Asoke Tower and stayed with my family for a while. The exterior building looks strong and durable, even though it has been built for many years. The inside is also renovated regularly, so it looks new and beautiful. Besides, there offices, restaurants, and shops which I often use. There are also various amenities, consisting of shopping malls, restaurants, and pubs. My family members and I don't usually use our private cars because of the traffic jam the whole day. So, I always take the MRT as it is close to the condo, and it takes only 10 minutes to walk. It seems I can exercise on it. On holiday, my kid and I always use the condo's communal facilities. I love playing tennis a lot. When I am bored of playing tennis, I will have outdoor activities at Benjakitti Park, a few steps away from the condo. Overall, I am satisfied because it is suitable for investors and us. It is convenient, surrounded by various amenities.

Bangkok

Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Asoke Towers

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Year Built
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Project Name
Location
Number of units
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Year Built
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Location
Watthana, Bangkok, Thailand
Number of units
358
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฿6.5M - ฿8.9M
▲ 24% overpriced
Monthly Rentals
฿25K - ฿45K
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Location
Watthana, Bangkok, Thailand
Number of units
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Monthly Rentals
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Location
Watthana, Bangkok, Thailand
Number of units
213
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฿7.42M - ฿25M
▲ 2.3% overpriced
Monthly Rentals
฿20K - ฿80K
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Project Name
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Location
Watthana, Bangkok, Thailand
Number of units
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฿9.5M - ฿65M
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Monthly Rentals
฿35K - ฿100K
Year Built
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Completion Status
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Project Name
The Esse Asoke
Location
Watthana, Bangkok, Thailand
Number of units
419
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฿8.76M - ฿51M
▼ -4.6% underpriced
Monthly Rentals
฿25K - ฿180K
Year Built
Apr 2019
Completion Status
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Project Name
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Location
Watthana, Bangkok, Thailand
Number of units
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฿6M - ฿12.5M
▼ -8% underpriced
Monthly Rentals
฿18K - ฿48K
Year Built
Dec 2014
Completion Status
Completed
Location
Watthana, Bangkok, Thailand
Number of units
319
Sales Prices
฿8.9M - ฿120M
▼ -4.7% underpriced
Monthly Rentals
฿24K - ฿350K
Year Built
Feb 2020
Completion Status
Completed
Project Name
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Location
Watthana, Bangkok, Thailand
Number of units
344
Sales Prices
฿5.5M - ฿65M
▼ -1% underpriced
Monthly Rentals
฿23K - ฿41K
Year Built
Dec 1996
Completion Status
Completed
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