The Met

4.33 (8 Reviews)

Thung Mahamek, Sathon,Bangkok

Unit ID: U85010
4% Rental Yield
฿33,000,000 Great Price
Bedroom
3 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
198 SqM Size
Construction
Dec 2008 Completed

3 Bedroom Condo for sale at The Met

This property is a 198 SqM condo with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the The Met project in Thung Mahamek, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿33,000,000 (฿166,667/SqM).

Features

BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Property Type Condo
Floor N/A
Bedrooms 3
Size 198 SqM
Price per SqM ฿166,667
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
Unfurnished
View(s) City View, Blocked View
Unit Type 3BR
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.
฿11,880/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 Sep 11, 2018
Last Updated 2 years ago
Unit ID U85010

Price Analysis

Good Price
Estimated market value ฿33,579,450
Great
฿21,700,000
Good
Fair
Above
฿22,100,000
Current asking Price: ฿33,000,000 | Rental estimate: ฿117,000/mo
This condo is ฿579,450 BELOW MARKET (-2%) 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
฿33,000,000
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.
฿11,880/mo
Est. Rent
฿117,000/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 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 The Met, and the current sales price.
4%

Project Details

Project Name: The Met
Construction: Completed (Dec 2008)
Floors: 66
Buildings: 1
Units: 370
Project Area: 11,360 SqM
Nearest Landmark Chong Nonsi BTS - 0.6 Km
Location: Thung Mahamek, Sathon, Bangkok
The Met Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
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
Tennis Court Tennis Court
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Indoor Games Room Indoor Games Room
Kids Pool Kids Pool
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area
Library / Reading Room Library / Reading Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at The Met

  • Communal Pool
    9th Floor
  • Communal Gym
    9th Floor
  • Tennis Court
    Ground Floor

Available Units at The Met

For Sale 26 For Rent 22
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Size 194.18 SqM Size
Floor 50 Floor
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Size 200 SqM Size
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Size 92.22 SqM Size
Floor 18 Floor
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Size 198 SqM Size
Floor 22 Floor
Fully Furnished City View
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Size 197 SqM Size
Floor 37 Floor
Fully Furnished River or Canal View
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฿202,020
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Beds 3 Beds
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Size 198 SqM Size
Floor 63 Floor
Thai Quota Fully Furnished City View
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฿187,342
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Beds 3 Beds
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Size 197.50 SqM Size
Floor 40 Floor
Thai Quota Partly Furnished River or Canal View
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฿127,069
Beds 2 Beds
Baths 2 Baths
Size 93.65 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished City View
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฿165,951
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Beds 2 Beds
Baths 2 Baths
Size 102.44 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
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Beds 2 Beds
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Size 97 SqM Size
Floor 23 Floor
Fully Furnished City View
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Beds 2 Beds
Baths 2 Baths
Size 93 SqM Size
Floor - Floor
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Beds 2 Beds
Baths 2 Baths
Size 93 SqM Size
Floor 25 Floor
Negotiable
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฿187,234
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Beds 2 Beds
Baths 2 Baths
Size 94 SqM Size
Floor 26 Floor
Foreign Quota Fully Furnished City View
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฿268,229
Beds 2 Beds
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Floor 12 Floor
Foreign Quota Fully Furnished City View
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฿191,710
Beds 2 Beds
Baths 2 Baths
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Floor 26 Floor
Thai Quota Fully Furnished City View
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Beds 3 Beds
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Floor 56 Floor
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฿210,860
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Floor - Floor
Negotiable
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฿177,596
Beds 4 Beds
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Floor 35 Floor
Foreign Quota Unfurnished City View
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฿168,421
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Floor 14 Floor
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Beds 2 Beds
Baths 2 Baths
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Floor 13 Floor
Thai Quota Fully Furnished City View
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฿202,128
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Beds 2 Beds
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Floor 19 Floor
Thai Quota Fully Furnished City View
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Floor 66 Floor
Foreign Quota Fully Furnished 360° View
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Beds 3 Beds
Baths 3 Baths
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Floor 22 Floor
Thai Quota Fully Furnished River or Canal View
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฿152,907
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Beds 3 Beds
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Floor 50 Floor
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฿177,340
Beds 4 Beds
Baths 4 Baths
Size 406 SqM Size
Floor 54 Floor
Foreign Quota Unfurnished City View
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Beds 2 Beds
Baths 2 Baths
Size 197 SqM Size
Floor - Floor
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Beds 2 Beds
Baths 2 Baths
Size 93 SqM Size
Floor 19 Floor
Unfurnished River or Canal View
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Baths 2 Baths
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Floor - Floor
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฿182,475
Beds 3 Beds
Baths 4 Baths
Size 198 SqM Size
Floor 45 Floor
Fully Furnished City View
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Beds 3 Beds
Baths 3 Baths
Size 198 SqM Size
Floor 49 Floor
Unfurnished
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Baths 2 Baths
Size 93 SqM Size
Floor 24 Floor
Foreign Quota Fully Furnished City View
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฿157,895
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Foreign Quota Partly Furnished River or Canal View
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฿185,841
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Thai Quota Fully Furnished City View
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฿207,071
Beds 3 Beds
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Thai Quota Fully Furnished River or Canal View
Get notified when new homes are being added to The Met

Loan Calculator

Frequently asked questions

No pets are allowed at The Met 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 ฿11,880 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 Met the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Chong Nonsi BTS is the nearest BTS from The Met and it is 0.6 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 Met 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

4.3 out of 5 4.33
Based on
8 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Private Lift - large units in Sathorn
3.7 Verified Visitor, 1 year ago
The Met used to the nicest unique building in Sathorn, but recently they have launched a new project just next door which will close the view for a lot of units. So I recommend to choose a property behind the main Sathorn road Tower F, E or D. The layout of the 3 bedrooms 200 sqm is perfect for a family, they got the big terrasse balcony around 20 sqm which is very unique in Sathorn. Every unit on the hight zone got a private lift which is a big plus.
Good facilities
4.5 Moises Torry, United States, 1 year ago
The new condo is modern and clean. There has a strict security system. The project common area includes many facilities such as a large swimming pool, tennis court, and fitness center. It's quite peaceful and quiet here as the building is soundproofed. We can't hear noise from the neighbors at all. This 2-bedroom suite is spacious and functional as well. Traveling is easy as Chong Nonsi BTS is just 850 meters away.
Close to BTS, great value!
5 Latisha Cleland, Ireland, 2 years ago
Great value for money. Beautiful architecture, distinctive and different from other projects. There are many activities for residents, including an outdoor swimming pool, sunbeds, tennis court, and multipurpose rooms. The room here starts from 2 bedrooms, suitable for living with a small family. The room is spacious and decorated with a full set of furniture. Plus, the location here is also excellent, close to the BTS. There are many leading restaurants in the neighborhood of the project.
This condo is so eye-catching
4.5 Christina Budde, Denmark, 2 years ago
I rented the room here. So far, I've been here about a month, and I like the building itself as it looks very tall, outstanding, and eye-catching. The interior of the project is inviting. I like the spacious swimming pool with sunbeds along with the pool, which we often visit on weekends. The room we rented is a 2-bedroom unit, very spacious, almost a hundred square meters. It gives a feeling of airiness, and there is also a space to place furniture and enough personal belongings. The room comes with some built-in furniture. Its good quality is worth the price. The location of this project itself is adjacent to North Sathorn Road and not far from the expressway. It makes traveling by car very convenient. It is also not far from Chong Nonsi BTS. It takes less than 10 minutes to walk, which is a great way to avoid Bangkok's traffic jams.
The luxury condo has a tennis court.
3.8 Erick Jett, Finland, 2 years ago
The condo is very luxuriously designed. The room that I live in is on the 22nd floor, the weather is good, and the breeze is cool. The facilities are considered complete and spacious, especially the swimming pool and tennis court. The most impressive thing is the gym because it is located on the 9th floor, it is a large room and has various modern exercise equipment. Overall, the price is high, but it makes sense when compared with the quality and location !!
The project is adjacent to North Sathorn Road.
5 Raylene Mohn, Australia, 2 years ago
The project is adjacent to North Sathorn Road, making it easy to travel by car. The swimming pool with sunbeds is very long, and connects to the tennis court. The atmosphere is shady because there are many trees to provide shade. So I always like to swim or lie down and read a book. The room I bought on the 24th floor is almost 100 square meters wide with two bedrooms and two bathrooms and quality furniture. Inside the room, there is also a built-in wardrobe, which is suitable for my daughter, who loves buying clothes. The Western kitchen comes with an oven and a hood as well. Overall, I really like it.
Good quality project
4 Elenore F., Australia, 2 years ago
This condo is suitable for real relaxation. It is a beautiful condominium and consists of complete facilities. Besides, the room I rented was neatly decorated and provided quality furniture. The living areas are perfectly in zones, suitable for this 2 bedroom unit. Moreover, this condominium is also close to Chong Nonsi BTS, only 1 kilometer. Traveling is so convenient as the project location is situated in a prosperous district. Therefore, it is a very good stay and gets to know many people as well.
Spacious room with complete facilities
4.2 Shaunta Hausner, Singapore, 2 years ago
This condo provides the best facilities, and it is a beautiful building with outstanding design. Its location is in a prime location area of Sathorn that can easily spend life and easy access to facilities. The project interior is decorated in an elegant style. There is staff to service and has a strict security system. Although our room only has 2 bedrooms, there is enough space and can place many things, which makes our room cozy and pleasant. When considering the room price and location, the price is not high and making life in the city easier.

Bangkok

Thung Mahamek

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Projects Nearby The Met

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
Sathon, Bangkok, Thailand
Number of units
49
Sales Prices
฿9M - ฿12.9M
Monthly Rentals
฿50K - ฿60K
Year Built
Dec 2014
Completion Status
Completed
Project Name
Urbana Sathorn
Location
Sathon, Bangkok, Thailand
Number of units
242
Sales Prices
฿9.8M - ฿27.6M
▼ -5% underpriced
Monthly Rentals
฿35K - ฿90K
Year Built
Dec 2006
Completion Status
Completed
Project Name
Sathorn Gardens
Location
Sathon, Bangkok, Thailand
Number of units
580
Sales Prices
฿5.8M - ฿100M
▼ -2.6% underpriced
Monthly Rentals
฿20K - ฿95K
Year Built
Dec 2008
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
95
Sales Prices
฿7M - ฿8.8M
Monthly Rentals
฿25K - ฿38K
Year Built
Dec 2010
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
134
Sales Prices
฿13.8M
Monthly Rentals
N/A
Year Built
Nov 2021
Completion Status
Off Plan
Project Name
Baan Piya Sathorn
Location
Sathon, Bangkok, Thailand
Number of units
146
Sales Prices
฿8.05M - ฿21.5M
▼ -13% underpriced
Monthly Rentals
฿35K - ฿60K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Narathorn Place
Location
Sathon, Bangkok, Thailand
Number of units
22
Sales Prices
฿59M
▲ 1% overpriced
Monthly Rentals
N/A
Year Built
Dec 2004
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
132
Sales Prices
฿13M - ฿31.5M
▼ -12% underpriced
Monthly Rentals
฿39K - ฿100K
Year Built
Dec 2010
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
75
Sales Prices
฿22M
▼ -11% underpriced
Monthly Rentals
฿50K - ฿85K
Year Built
Dec 2004
Completion Status
Completed
Project Name
Klass Silom Condo
Location
Sathon, Bangkok, Thailand
Number of units
176
Sales Prices
฿5.2M - ฿8.3M
Monthly Rentals
฿25K - ฿38K
Year Built
Dec 2013
Completion Status
Completed
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