Chapter One ECO Ratchada - Huaikwang

4.35 (9 Reviews)

Huai Khwang, Huai Khwang,Bangkok

Unit ID: U653940
4% Rental Yield
฿2,750,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
23 SqM Size
Floors
5 Floor
Construction
Dec 2019 Completed

Studio Condo for sale at Chapter One ECO Ratchada - Huaikwang

This property is a 23 SqM studio condo with 1 bathroom that is available for sale. It is part of the Chapter One ECO Ratchada - Huaikwang project in Huai Khwang, Bangkok and was completed in Dec 2019. You can buy this condo for a base price of ฿2,750,000 (฿119,565/SqM).

Features

Corner UnitCorner Unit TVTV

Basic Information

Property Type Condo
Floor 5
Bedroom Studio
Size 23 SqM
Price per SqM ฿119,565
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
Unit Type N/A
Building Building C
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.
฿1,265/mo
Listed By
Private Owner
Date Listed Jan 14, 2021
Last Updated 1 year ago
Unit ID U653940

Price Analysis

Great Price
Estimated market value ฿3,429,862
Great
฿3,430,000
Good
Fair
Above
฿3,850,000
Current asking Price: ฿2,750,000 | Rental estimate: ฿9,850/mo
This condo is ฿679,862 BELOW MARKET (-20%) 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
฿2,750,000
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.
฿1,265/mo
Rent
฿11,000/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.
23
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.
4%

Project Details

Developer: Pruksa Real Estate
Construction: Completed (Dec 2019)
Floors: 26
Buildings: 8
Units: 1844
Project Area: 20,982 SqM
Nearest Landmark Huai Khwang MRT - 1 Km
Location: Huai Khwang, Huai Khwang, Bangkok
Chapter One ECO Ratchada - Huaikwang Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Walking / Running Track Walking / Running Track
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Key card access Key card access
Solar Panels Solar Panels

Available Units at Chapter One ECO Ratchada - Huaikwang

For Sale 4 For Rent 9
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Frequently asked questions

No pets are allowed at Chapter One ECO Ratchada - Huaikwang 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 ฿55 per square meter based on the size of indoor area of the property and is ฿1,265 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 Chapter One ECO Ratchada - Huaikwang the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Huai Khwang MRT is the nearest MRT from Chapter One ECO Ratchada - Huaikwang and it is 1 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 Chapter One ECO Ratchada - Huaikwang 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

4.4 out of 5 4.35
Based on
9 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A condo with a pleasant atmosphere, full of green space and comfortable decoration
3.8 Vallie Jetter, United States, 1 year ago
When we are tired of work, we want to come home and relax. If there is a green area to relieve stress and rest your eyesight, it would be great. The Chapter One ECO Ratchada - Huaykwang is the answer because the area around the condo is spacious and full of trees. There is also an organic vegetable plot and an area for outdoor activities, which is what I am very impressed with. I think we should have some space for a walk around accommodation, and to meet our neighbors. I also like the project's Scandinavian decor, emphasizing simplicity, and making it feel refreshing. Moreover, this project also uses solar panels and LED light bulbs to save energy. Overall, I am quite satisfied with this place and do not feel like I wasted my money at all. Even so, there may be times when it is crowded and full of people because it is a big project with over 1,000 units. It is also located a bit far from the nearest MRT station, Huai Khwang Station, which is about 1.6 kilometers far from the condo. Still, you don't have to worry about transportation because there is a shuttle bus service to pick us up and drop off at the station.
Easy way to enjoy life in BKK
4.7 Sharri Germann, Australia, 1 year ago
I just moved to the condo for a 6-month; the highlight of this place is the condo's central area. The design is very functional, and the first arrival is so impressive. It feels like I can relax and chill in a cafe. Also, the common area is available 24 hours, and the project still cares about the residents, they provide a hydroponic vegetable garden. Besides, we can collect those hydroponic vegetables to cook. Moreover, transportation is very convenient because it is in the middle of the city. The project, in addition, also has a shuttle bus (with service fee) that goes to the MRT. In front of the project, there are taxi and motorbike services. However, if you have a private car, it is very convenient because the location connects with many roads. There are various restaurants, Cafés (Starbuck), convenience stores, beauty salons, laundry surrounding the project. It is also close to The Street Ratchada shopping center in less than 15 minutes. Overall, living in the condo with a full potential convenient area like this, we can enjoy life in Bangkok much easier.
Eco-friendly condo in BKK
4.7 Sammy Ellett, United States, 1 year ago
I'm aware of environmental problems, so when choosing everything, this becomes my main concern. Then I found this condo. Everything here suits my need. Firstly it's located close to my office in my walking distance — no need to use the car. Besides, facilities and innovation of the project are eco-friendly. These include the installation of solar panels, bike club for cycling around the site, and hydroponic plantation that makes me less worried about the contamination. I would say that this project is innovative and comprehensive. Also, I like the design of the project with green areas, making it looks more comfortable. The room is well-planned and minimal. I can't believe I'll find this condo in Bangkok. I love it!
Lovely Condo, Good Atmosphere
4.2 Mozell Peay, United States, 1 year ago
The atmosphere in the condo is excellent. It is located on Ratchada-Huaykwang Road, where there are numerous people live, including Thais and foreigners. The surrounding of the project gives all residents feel comfortable. The common area and the building's design are so cute, using earth tones and wood grain to combine beautifully. Although there are many units in the project, there are enough facilities to service all residents. Also, it is close to many shopping malls and convenient to travel everywhere.
Condo near Huai Khwang MRT station and offers a shuttle bus service to and from there
4.5 Edgardo Elzy, United States, 1 year ago
The new condo is located far from Huai Khwang MRT station, approximately 1.6 kilometers. The project also offers a shuttle bus service to and from there or easy to call the motorbike taxis in the front of the condo from time to time. Nice pool with a nice atmosphere and has many resting corners. The room is beautifully decorated, but the balcony is too small for me.
Energy-saving condo in the heart of a big city
4.2 Cyndy Dills, United States, 1 year ago
Who knew that there would be green space condos like this energy-saving in the heart of a big city like Bangkok. My boyfriend searched online for this condo, and we found it very lovely. We intend to find a condo to rent for an annual contract, and then we have got this, designed in a simple, minimalist style, which is white and gray tones intended to look light and comfortable on the eyes. The furniture in the room is fully furnished in good quality. My place is on a high floor, which is an airy breeze. The electricity system here installs a solar system that is a perfect waste sorting system. The most exciting thing for me is the emphasis on cycling to reduce the use of private cars. The condo has a Bike Club for residents to borrow to drive around as well. At this point, I think it's an exciting charm. Whoever is a kind of eco-friendly person like me will like it. There is a small theater, gym, sky bar, and a large shared swimming pool to accommodate the residents. Transportation is not complicated, not very far from Huai Khwang MRT, and it is entirely wrong in terms of traveling in rush hour. Close to many facilities such as Train Night Market Ratchada, Central Rama 9, and many convenience stores. Overall, it is worth the price paid.
Super Cool Eco condo in the heart of Bangkok
4.8 Angelika Pegues, Denmark, 2 years ago
Scandinavian style condo in the heart of Huai Khwang. It is convenient to travel because it is located just 1 kilometer from Ratchada-Huay Kwang MRT. It is responding to the lifestyles of people working like me. I am a foreigner working in a short 6-month contract in Bangkok, renting a Chapter One Ratchada- Huaikwang condo in a studio room because of close to the workplace. The condo has facilities very much, such as Home theater where we can chill and watch movies in our free time, using the application system to book the room and the co-working room that we can do work, and read a book as we don't have to bored with working in the room. Then, the coolest of the project is we were able to grow our vegetable called hydroponics garden. It is a brilliant idea, suitable for being an Eco Condo. Other facilities are complete and convenient to use. But another disadvantage that I encountered is that the room is a little limited and still has a good zone division. Like I just told you, the common area is my favorite part.
Well-design condo for living with nature
4.2 Anita Pongpiwat, Thailand, 2 years ago
I usually work from home, so when I can collect some amount of money, I decided to buy a place to settle down. I want to live in the Huai Kwang area to live near my mom's house. I'm impressed since the first time I visited the project because of the concept. I love the simple design and natural light, which are the best part of the condo. There is large greenery as it is in Khao Yai. There is also a hydroponic plantation that makes the project unique. I used to harvest some vegetables from it too. Besides, there are spaces divided for different purposes such as reading, working, and watching movies. I don't need to stay in the room for the entire day and don't need to spend my money at the coffee shop. Obviously, it's safer! Sometimes, my mom comes to visit me and spend her day at the pool or the garden. She loves it here. She can also go for a walk because the project has the jogging trail around. As for transportation, it's convenient even if I don't have a car. I often use MRT nearby, and the project offers the shuttle bus service for the transit between the project and the stations. You should double check since it sometimes takes so long for the shuttle bus to pick me up. It's even more difficult on a rainy day. The surroundings are quite good. There are big malls, restaurants, and a market that makes it easier for me to buy food.
Condominium with Scandinavian
4.2 Lacresha Chappel, New Zealand, 2 years ago
Condominium with Scandinavian (Nordic) design in northern Europe style is influenced and inspired by nature. The room emphasized in warm white tones suitable for people who like the modern contemporary style. It is unique and interesting. The common area has facilities according to general hotel standards. The property provides a shuttle bus service to pick up and drop off at Huai Khwang MRT station with an extra cost. The condo is located on Pracha Uthit Road in the community area. The location is in the residential bustle area with many travel choices like MRT, bus, taxi, and motorbike.

Bangkok

Huai Khwang

Neighborhood Overview

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Project Name
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Location
Huai Khwang, Bangkok, Thailand
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597
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▼ -14.3% underpriced
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