Menam Residences

4.5 (3 Reviews)

Wat Phraya Krai, Bang Kho Laem,Bangkok

Unit ID: U657178
4% Rental Yield
฿36,500,000 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
159.90 SqM Size
Floors
38 Floor
Construction
Dec 2015 Completed

3 Bedroom Condo for sale at Menam Residences

This property is a 159.90 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Menam Residences project in Wat Phraya Krai, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of ฿36,500,000 (฿228,268/SqM).

Features

Corner UnitCorner Unit BalconyBalcony OvenOven

Basic Information

Property Type Condo
Floor 38
Bedrooms 3
Size 159.90 SqM
Price per SqM ฿228,268
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
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
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.
฿9,594/mo
Listed By
Private Owner
Date Listed Jan 25, 2021
Last Updated 9 months ago
Unit ID U657178

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿39,616,871
Great
฿28,500,000
Good
Fair
Above
฿40,900,000
Current asking Price: ฿36,500,000 | Rental estimate: ฿122,000/mo
This condo is ฿3,116,871 BELOW 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
฿36,500,000
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.
฿9,594/mo
Est. Rent
฿122,000/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.
25
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 3 bedroom condos at Menam Residences, and the current sales price.
4%

Project Details

Project Name: Menam Residences
Construction: Completed (Dec 2015)
Floors: 54
Buildings: 1
Units: 294
Project Area: 8,232 SqM
Nearest Landmark Saphan Taksin BTS
Location: Wat Phraya Krai, Bang Kho Laem, Bangkok
Menam Residences 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
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Menam Residences

  • Reception / Lobby Area
    Ground Floor
  • Communal Garden Area
    Ground Floor
  • Communal Pool
    10th Floor
  • Communal Gym
    10th Floor

Available Units at Menam Residences

For Sale 12 For Rent 9
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Available Units at Menam Residences
฿217,444
Great Price
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 33 Floor
Thai Quota Fully Furnished City View
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Available Units at Menam Residences
฿223,077
Beds 2 Beds
Baths 2 Baths
Size 65 SqM Size
Floor 17 Floor
Foreign Quota Fully Furnished River or Canal View
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Available Units at Menam Residences
฿191,881
Great Price
Beds 1 Beds
Baths 1 Baths
Size 50.50 SqM Size
Floor 15 Floor
Foreign Quota Partly Furnished River or Canal View
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Available Units at Menam Residences
฿237,500
Beds 3 Beds
Baths 3 Baths
Size 160 SqM Size
Floor 30 Floor
Foreign Quota Fully Furnished River or Canal View
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Available Units at Menam Residences
฿215,625
Great Price
Beds 3 Beds
Baths 4 Baths
Size 160 SqM Size
Floor 28 Floor
Foreign Quota Fully Furnished City View
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Available Units at Menam Residences
฿194,737
Great Price
Beds 2 Beds
Baths 2 Baths
Size 76 SqM Size
Floor 35 Floor
Thai Quota Partly Furnished River or Canal View
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Available Units at Menam Residences
฿206,897
Beds 1 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 19 Floor
Thai Quota Fully Furnished River or Canal View
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Available Units at Menam Residences
-
Beds 3 Beds
Baths 2 Baths
Size 122 SqM Size
Floor 43 Floor
Thai Quota Fully Furnished River or Canal View
Favorite
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Available Units at Menam Residences
฿197,959
Great Price
Beds 1 Beds
Baths 1 Baths
Size 49 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at Menam Residences
-
Beds 2 Beds
Baths 2 Baths
Size 73 SqM Size
Floor 36 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at Menam Residences
฿228,268
Great Price
Beds 3 Beds
Baths 3 Baths
Size 159.90 SqM Size
Floor 38 Floor
Thai Quota Built In City View
Favorite
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Available Units at Menam Residences
฿204,487
Beds 2 Beds
Baths 2 Baths
Size 78 SqM Size
Floor 38 Floor
Thai Quota Fully Furnished River or Canal View
Favorite
Compare
Available Units at Menam Residences
฿248,000
Good Price
Beds 3 Beds
Baths 3 Baths
Size 160 SqM Size
Floor 27 Floor
Thai Quota Fully Furnished River or Canal View
Favorite
Compare
Available Units at Menam Residences
฿170,863
Great Price
Beds 3 Beds
Baths 3 Baths
Size 139 SqM Size
Floor 21 Floor
Foreign Quota Fully Furnished River or Canal View
Get notified when new homes are being added to Menam Residences

Loan Calculator

Frequently asked questions

No pets are allowed at Menam Residences 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 ฿60 per square meter based on the size of indoor area of the property and is ฿9,594 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.
Saphan Taksin BTS is the nearest BTS from Menam Residences and it is 0 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 Menam Residences 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

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Reviews

4.5 out of 5 4.5
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Luxury condo with full facilities and impressive infinity-edged pool
4.7 Consuela Carbajal, Mexico, 1 year ago
I've been looking for a new condo to purchase. I've looked at a lot of condominiums, and there isn't one that I'm interested in. Then I came across this condo on the website that I wanted, so I bought it. My room is a two-bedroom which is suitable for my family. As there are two bedrooms, I will spare one for my child in the future. It's luxurious and has everything I need. I love the infinity-edge pool with a great view and also the complete facilities. The first impression of this project is the parking which is large and enough for the residents, so you don't need to double park your car. Just so you know, the parking problem is an unsolvable problem for many condos. Plus, it's located in a convenient location which is easy to get everywhere. You can take a motorbike taxi, or if you go further, you can take the BTS at the Saphan Taksin BTS as well. The staff is friendly and can speak many languages, so you don't have to worry about being a foreigner. Overall, this place is so classy; I would like to recommend it!!!
The project next to the Chao Phraya River
4.8 Kanisha Ream, United States, 2 years ago
It's no surprise that this place is so expensive because it is next to the Chao Phraya River and decorates a high-end condo. I think this place is suitable for both living and long-term investment. Every room has a 180-degree Chao Phraya River view and comes fully furnished. The downside is that it is quite far from the BTS and traveling to this area is not very convenient !!
Lovely staff with elegant rooms
4 Walton Medel, United Kingdom, 2 years ago
This condo is luxurious, and the staff is friendly. The common area is clean and complete with facilities. The room's scenery is stunning, overlooking the Chao Phraya River and Bangkok city views. The room is luxuriously decorated, good value for money. The condo provides sufficient car parking spaces. The location is also close to Charoen Krung Road and other nearby amenities. It is convenient for shopping and traveling. Overall, it's perfect!

Bangkok

Wat Phraya Krai

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Menam Residences

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
Bang Kho Laem, Bangkok, Thailand
Number of units
132
Sales Prices
฿3.31M - ฿3.56M
▼ -4.7% underpriced
Monthly Rentals
฿11K - ฿14K
Year Built
Dec 2018
Completion Status
Completed
Location
Bang Kho Laem, Bangkok, Thailand
Number of units
866
Sales Prices
฿2.38M - ฿10.7M
Monthly Rentals
฿9.53K - ฿40.1K
Year Built
Jan 2009
Completion Status
Completed
Location
Bang Kho Laem, Bangkok, Thailand
Number of units
260
Sales Prices
฿10.5M - ฿45.1M
▲ 10% overpriced
Monthly Rentals
฿55.2K - ฿181K
Year Built
Dec 2006
Completion Status
Completed
Location
Bang Kho Laem, Bangkok, Thailand
Number of units
421
Sales Prices
฿5.22M - ฿26.1M
▼ -3.5% underpriced
Monthly Rentals
N/A
Year Built
May 2023
Completion Status
Off Plan
Location
Bang Kho Laem, Bangkok, Thailand
Number of units
355
Sales Prices
฿35.2M - ฿226M
▲ 0.7% overpriced
Monthly Rentals
฿276K
Year Built
Nov 2018
Completion Status
Completed
Project Name
River Heaven
Location
Bang Kho Laem, Bangkok, Thailand
Number of units
521
Sales Prices
฿6.02M - ฿12M
▼ -10.6% underpriced
Monthly Rentals
฿25.1K - ฿70.2K
Year Built
Dec 2003
Completion Status
Completed
Location
Bang Kho Laem, Bangkok, Thailand
Number of units
480
Sales Prices
฿8.63M - ฿60.2M
▼ -6% underpriced
Monthly Rentals
฿35.1K - ฿201K
Year Built
Dec 2008
Completion Status
Completed
Location
Bang Kho Laem, Bangkok, Thailand
Number of units
99
Sales Prices
฿5.55M - ฿32.6M
▼ -3.2% underpriced
Monthly Rentals
N/A
Year Built
Sep 2021
Completion Status
Completed
Project Name
Saichol Mansion
Location
Bang Kho Laem, Bangkok, Thailand
Number of units
114
Sales Prices
฿77.5M
Monthly Rentals
฿251K
Year Built
Dec 1992
Completion Status
Completed
Location
Bang Kho Laem, Bangkok, Thailand
Number of units
906
Sales Prices
฿5.47M - ฿19.2M
▼ -7.5% underpriced
Monthly Rentals
฿18.1K
Year Built
Dec 2012
Completion Status
Completed
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