The City Connect

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San Klang, San Kamphaeng,Chiang Mai

Unit ID: U21253
฿5,590,000 Great Price
Bedroom
3 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
216 SqM Indoor Area
Stairs
4 Storeys
Construction
Dec 2013 Completed

3 Bedroom Townhouse for sale at The City Connect

This property is a 216 SqM townhouse with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the The City Connect project in San Klang, Chiang Mai and was completed in Dec 2013. You can buy this townhouse for a base price of ฿5,590,000 (฿25,880/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type Townhouse
Storeys 4
Location San Klang, San Kamphaeng, Chiang Mai
Bedrooms 3
Nearest Landmark Promenada Chiang Mai -2.9 Km
Indoor Area 216 SqM
Price per SqM ฿25,880
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 72 SqM
Townhouse Ownership

Foreign nationals can own the building (townhouse) in their own name but not the land that it stands on.

N/A
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

N/A
Land Title Deed N/A
Construction Completed (Dec 2013)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Park View, Garden View
Unit Type 3
Parking Spots 1
Pool Size 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
Developer
Date Listed Nov 4, 2016
Last Updated 2 years ago
Unit ID U21253

Price Analysis

Great Price
Estimated market value ฿9,154,290
Great
฿5,860,000
Good
Fair
Above
฿6,430,000
Current asking Price: ฿5,590,000
This townhouse is ฿3,564,290 BELOW MARKET (-39%) in the Chiang Mai area. It is analyzed against similar townhouses 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
฿5,590,000

Project Details

Project Name: The City Connect
Developer: N/A
Construction: Completed (Dec 2013)
Units: 20
Project Area: N/A
Nearest Landmark Promenada Chiang Mai - 2.9 Km
Location: San Klang, San Kamphaeng, Chiang Mai
The City Connect Project Details

Project Features

Car Parking Car Parking

Available Units at The City Connect

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Frequently asked questions

Promenada Chiang Mai is the nearest Shopping Mall from The City Connect and it is 2.9 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at The City Connect you have to follow these steps:

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


 

Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

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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Chiang Mai

San Klang

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Location and Neighborhood

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