The Master Centrium Asoke-Sukhumvit

4.13 (4 Reviews)

Khlong Toei Nuea, Watthana,Bangkok

Unit ID: U42626
5% Rental Yield
฿17,000,000 ฿18,000,000 Great Price
Bedroom
3 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
155 SqM Size
Floors
19 Floor
Construction
Dec 2007 Completed

3 Bedroom Condo for sale at The Master Centrium Asoke-Sukhumvit

This property is a 155 SqM condo with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the The Master Centrium Asoke-Sukhumvit project in Khlong Toei Nuea, Bangkok and was completed in Dec 2007. You can buy this condo for a base price of ฿17,000,000 (฿109,677/SqM).

Features

Maids QuartersMaids Quarters BalconyBalcony

Basic Information

Property Type Condo
Floor 19
Bedrooms 3
Size 155 SqM
Price per SqM ฿109,677
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, Blocked View
Unit Type 3BR/Duplex
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.
฿6,200/mo
Listed By
Private Owner
Date Listed Dec 7, 2017
Last Updated 1 year ago
Unit ID U42626

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿20,051,153
Great
฿12,500,000
Good
Fair
Above
฿12,800,000
Current asking Price: ฿17,000,000 | Rental estimate: ฿65,600/mo
This condo is ฿3,051,153 BELOW MARKET (-15%) 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
฿17,000,000
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.
฿6,200/mo
Rent
฿55,000/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.
22
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.
5%

Project Details

Developer: Vega Service
Construction: Completed (Dec 2007)
Floors: 27
Buildings: 1
Units: 79
Project Area: 1,920 SqM
Nearest Landmark Sukhumvit MRT - 0.3 Km
Location: Khlong Toei Nuea, Watthana, Bangkok
The Master Centrium Asoke-Sukhumvit Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Walking / Running Track Walking / Running Track
Library / Reading Room Library / Reading Room
Golf Simulator Golf Simulator
Back Up Generators Back Up Generators

Popular Facilities at The Master Centrium Asoke-Sukhumvit

  • Communal Pool
    8th Floor
  • Communal Gym
    8th Floor
  • Indoor Kids Zone
    8th Floor

Available Units at The Master Centrium Asoke-Sukhumvit

For Sale 12 For Rent 13
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Available Units at The Master Centrium Asoke-Sukhumvit
-
Beds 3 Beds
Baths 3 Baths
Size 157 SqM Size
Floor 26 Floor
City View
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Available Units at The Master Centrium Asoke-Sukhumvit
฿112,179
Great Price
Beds 3 Beds
Baths 5 Baths
Size 156 SqM Size
Floor 22 Floor
Foreign Quota City View
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Available Units at The Master Centrium Asoke-Sukhumvit
฿157,689
Beds 2 Beds
Baths 2 Baths
Size 166.15 SqM Size
Floor 10 Floor
Thai Quota City View
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Available Units at The Master Centrium Asoke-Sukhumvit
-
Beds 1 Beds
Baths 1 Baths
Size 72 SqM Size
Floor 9 Floor
Thai Quota City View
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Available Units at The Master Centrium Asoke-Sukhumvit
-
Beds 3 Beds
Baths 3 Baths
Size 158 SqM Size
Floor 19 Floor
City View
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Available Units at The Master Centrium Asoke-Sukhumvit
-
Beds 2 Beds
Baths 2 Baths
Size 103 SqM Size
Floor - Floor
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Available Units at The Master Centrium Asoke-Sukhumvit
฿85,153
Beds 3 Beds
Baths 3 Baths
Size 229 SqM Size
Floor 20 Floor
Foreign Quota City View
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Available Units at The Master Centrium Asoke-Sukhumvit
-
Beds 2 Beds
Baths 3 Baths
Size 166 SqM Size
Floor 13 Floor
City View
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Available Units at The Master Centrium Asoke-Sukhumvit
฿112,179
Great Price
Beds 3 Beds
Baths 4 Baths
Size 156 SqM Size
Floor 23 Floor
Foreign Quota City View
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Available Units at The Master Centrium Asoke-Sukhumvit
฿110,968
Great Price
Beds 2 Beds
Baths 2 Baths
Size 155 SqM Size
Floor 17 Floor
Thai Quota City View
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Available Units at The Master Centrium Asoke-Sukhumvit
฿157,724
Beds 3 Beds
Baths 5 Baths
Size 246 SqM Size
Floor 22 Floor
Thai Quota City View
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Available Units at The Master Centrium Asoke-Sukhumvit
-
Beds 2 Beds
Baths 2 Baths
Size 104 SqM Size
Floor - Floor
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Available Units at The Master Centrium Asoke-Sukhumvit
-
Beds 2 Beds
Baths 4 Baths
Size 162 SqM Size
Floor 17 Floor
Thai Quota City View
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Available Units at The Master Centrium Asoke-Sukhumvit
฿150,000
Beds 2 Beds
Baths 2 Baths
Size 166.15 SqM Size
Floor 14 Floor
Thai Quota City View
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Available Units at The Master Centrium Asoke-Sukhumvit
฿150,217
Beds 3 Beds
Baths 4 Baths
Size 240 SqM Size
Floor 14 Floor
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Available Units at The Master Centrium Asoke-Sukhumvit
฿87,127
Great Price
Beds 3 Beds
Baths 4 Baths
Size 229.55 SqM Size
Floor 20 Floor
Thai Quota City View
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Available Units at The Master Centrium Asoke-Sukhumvit
-
Beds 3 Beds
Baths 3 Baths
Size 133 SqM Size
Floor - Floor
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Available Units at The Master Centrium Asoke-Sukhumvit
฿95,679
Great Price
Beds 2 Beds
Baths 2 Baths
Size 162 SqM Size
Floor 19 Floor
Foreign Quota City View
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Available Units at The Master Centrium Asoke-Sukhumvit
฿111,111
Beds 1 Beds
Baths 1 Baths
Size 54 SqM Size
Floor 17 Floor
Thai Quota City View
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Available Units at The Master Centrium Asoke-Sukhumvit
฿109,677
Great Price
Beds 3 Beds
Baths 4 Baths
Size 155 SqM Size
Floor 19 Floor
Thai Quota City View
Get notified when new homes are being added to The Master Centrium Asoke-Sukhumvit

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Frequently asked questions

No pets are allowed at The Master Centrium Asoke-Sukhumvit 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 ฿40 per square meter based on the size of indoor area of the property and is ฿6,200 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.
Sukhumvit MRT is the nearest MRT from The Master Centrium Asoke-Sukhumvit and it is 0.3 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 Master Centrium Asoke-Sukhumvit 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

4.1 out of 5 4.13
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good quality room with complete facilities
4 Lia Holbrook, Norway, 1 year ago
It is a condo that comes with all modern facilities, comprising a swimming pool, a fitness room, and a stimulating golf course. The room rates are reasonable and qualified compared with fully furnished, given by the project. The security safety system is also excellent, giving high security with the access system with video. Even the project offers a private lift, providing convenience and safety. The condo location is easily accessible and convenient for traveling. I don't worry about the traffic jams as it is close to the Asok BTS station, only a 5-10 minutes walk. Moreover, it is also close to many popular shopping malls, Terminal 21, and Villa Market. These make me convenient for daily shopping, or shopping during the holidays is also convenient.
The condo location is fantastic.
4.7 Amelia King, United States, 2 years ago
The condo location is fantastic, close to Sukhumvit MRT, Asoke BTS, and Terminal 21, which is only 5 minutes walk. The condo has all the amenities. On the 8th floor, there is a swimming pool and gym. My husband and I just bought a two-bedroom unit that is very large, almost wide, 170 sq.m. The furniture is also complete, although it is not very luxurious. I like the view from the terrace; it is the Asoke building view. At night, the night lights are pretty good.
Condo near Terminal 21 Shopping Mall
3.5 Sophia Ali, United Arab Emirates, 3 years ago
The condo is not very luxurious, but the project facilities are considered completed. There is a fitness room and sauna room. (The equipment is quite old) It also has a large swimming pool. The maintenance here is ok, and there is housekeeping cleaning 2-3 days a week. As it is the city center, walking to Terminal 21 takes only 5 minutes. Even if you want to go to other places in Bangkok, you can use the Asok BTS service, which is very convenient. Many taxis go through this route all the time !!!
Great location on CBD Asoke area
4.3 Kymberly Douse, United Kingdom, 4 years ago
The project here is a 27-Storey condominium with a modern design that is well located in the business district. It allows the residents to experience the utmost comfort and convenience because of various transportation options like Asoke BTS, just 350 m. away, or 5-minute walking. It is suitable for residents who want to avoid traffic jams. The surrounding area is full of shopping malls such as Midtown Asoke, Villa Market, Terminal 21, and the Emporium in a short time of 10 minutes. When living within the project, it will make you feel resting all the time. I live in a 3-bedroom unit, approximately 166 sq.m. The project's highlight here is Bangkok's panoramic view that you can admire from your balcony or your bedroom, which has a full-frame floor-to-ceiling window. The condo also has advanced security systems such as video entry-exit systems for the residents' safety, private elevators on every floor, and energy-saving systems such as motion sensors to control the lights automatically. Our room is fully renovated, and I am very impressed with the interior, which uses high-quality materials and color matching. It is very modern and elegant at the same time. The standard of the project's common area here is medium and provides all the basic facilities such as a swimming pool, a sauna, parking lots, a gym, and a 24-hour security system.

Bangkok

Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

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Projects Nearby The Master Centrium Asoke-Sukhumvit

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Year Built
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Project Name
Location
Number of units
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Year Built
Completion Status
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Watthana, Bangkok, Thailand
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฿5.5M - ฿65.1M
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Monthly Rentals
฿22.9K - ฿25K
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Watthana, Bangkok, Thailand
Number of units
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฿17.7M - ฿24.9M
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Monthly Rentals
N/A
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Watthana, Bangkok, Thailand
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