4 Bedroom Townhouse for sale at The Park Lane Sukhumvit - Bearing

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Bang Na, Bang Na,Bangkok
Unit ID: U1032518
฿15,055,000 Great Price
4 Bedrooms
4 Bathrooms
334 SqM Indoor Area
5 Storeys
Dec 2020 Completed

About This Townhouse

This property is a 334 SqM townhouse with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the The Park Lane Sukhumvit - Bearing project in Bang Na, Bangkok and was completed in Dec 2020. You can buy this townhouse for a base price of ฿15,055,000 (฿45,075/SqM).

Features

Private LiftPrivate Lift TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type Townhouse
Storeys 5
Location Bang Na, Bang Na, Bangkok
Bedrooms 4
Nearest Landmark Bearing BTS -1.3 Km
Indoor Area 334 SqM
Price per SqM ฿45,075
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 125.60 SqM
Townhouse Ownership

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

Thai Ownership, Company
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.

Thai Ownership, Company
Land Title Deed N/A
Construction Completed (Dec 2020)
Furniture
Unfurnished
View(s) Unblocked Open View
Unit Type 4 Bedroom
Parking Spots 3
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.
฿2,512/mo
Listed By
Developer
Date Listed Sep 20, 2021
Last Updated 10 months ago
Unit ID U1032518

Price Analysis

Great Price
Estimated market value ฿16,870,593
Great
฿16,400,000
Good
Fair
Above
฿17,000,000
Current asking Price: ฿15,055,000
This townhouse is ฿1,815,593 BELOW MARKET (-11%) in the Bangkok 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
฿15,055,000
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.
฿2,512/mo

Project Details

Construction: Completed (Dec 2020)
Units: 20
Project Area: 3,742 SqM
Nearest Landmark Bearing BTS - 1.3 Km
Location: Bang Na, Bang Na, Bangkok
The Park Lane Sukhumvit - Bearing Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Popular Facilities at The Park Lane Sukhumvit - Bearing

  • Clubhouse
    1st Floor

Available Units at The Park Lane Sukhumvit - Bearing

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Payment Plan

Completed House
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
฿500,000
2nd Installment
On handover
100%
OffPlan House
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
฿500,000
Down Payment
4 month installments
฿250,000
3rd Installment
On handover
100%

Frequently Asked Questions

All kind of pets are allowed at The Park Lane Sukhumvit - Bearing including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿20 per square meter based on the plot size of the property and is ฿2,512 for this townhouse. 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 Park Lane Sukhumvit - Bearing the required payment for the sinking fund is ฿140 per square meter based on the size of the plot size of the property.
Bearing BTS is the nearest BTS Station from The Park Lane Sukhumvit - Bearing and it is 1.3 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 Park Lane Sukhumvit - Bearing you have to follow these steps:

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

Completed House
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
฿500,000
2nd Installment
On handover
100%
OffPlan House
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
฿500,000
Down Payment
4 month installments
฿250,000
3rd Installment
On handover
100%

 

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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Bangkok
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Neighborhood Overview

Location and Neighborhood

Street View

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