Studio Condo for sale at Glory Condominium Chiang Mai

5 (1 Review)
Si Phum, Mueang Chiang Mai,Chiang Mai
Unit ID: U974084
฿1,653,153 Great Price
Studio Bedroom
1 Bathroom
25.71 SqM Size
1 Floor
Dec 2021 Completed

About This Condo

This property is a 25.71 SqM studio condo with 1 bathroom that is available for sale. It is part of the Glory Condominium Chiang Mai project in Si Phum, Chiang Mai and was completed in Dec 2021. You can buy this condo for a base price of ฿1,653,153 (฿64,300/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 1
Bedroom Studio
Size 25.71 SqM
Price per SqM ฿64,300
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, Thai Quota, Company
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) Mountain View
Unit Type A
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.
฿1,028/mo
Listed By
Developer
Date Listed Jun 7, 2021
Last Updated 1 year ago
Unit ID U974084

Price Analysis

Great Price
Estimated market value ฿1,754,183
Great
฿1,750,000
Good
Fair
Above
฿2,000,000
Current asking Price: ฿1,653,153
This condo is ฿101,030 BELOW MARKET (-6%) in the Chiang Mai 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
฿1,653,153
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.
฿1,028/mo

Project Details

Developer: CN SURE CO.,LTD
Construction: Completed (Dec 2021)
Floors: 5
Buildings: 1
Units: 45
Project Area: 868 SqM
Nearest Landmark Warorot Market - 2 Km
Location: Si Phum, Mueang Chiang Mai, Chiang Mai
Glory Condominium Chiang Mai 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
Key card access Key card access

Popular Facilities at Glory Condominium Chiang Mai

  • Communal Gym
    1st Floor
  • Communal Pool
    Rooftop

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Available Units at Glory Condominium Chiang Mai
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Available Units at Glory Condominium Chiang Mai
฿64,300
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Beds Studio Beds
Baths 1 Baths
Size 25.71 SqM Size
Floor 1 Floor
Foreign Quota Fully Furnished Mountain View
Favorite
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Available Units at Glory Condominium Chiang Mai
฿73,300
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.45 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at Glory Condominium Chiang Mai
฿72,300
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.57 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Favorite
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Available Units at Glory Condominium Chiang Mai
฿73,300
Great Price
Beds 1 Beds
Baths 1 Baths
Size 37.07 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to Glory Condominium Chiang Mai

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
During Construction
30%
3rd Installment
Tail
65%
4th Installment
On handover
5%

Frequently Asked Questions

No pets are allowed at Glory Condominium Chiang Mai 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 ฿1,028 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 Glory Condominium Chiang Mai the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Warorot Market is the nearest Market from Glory Condominium Chiang Mai and it is 2 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 Glory Condominium Chiang Mai you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
During Construction
30%
3rd Installment
Tail
65%
4th Installment
On handover
5%

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

Do you own a property at Glory Condominium Chiang Mai?

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Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Here is my dream condo!
5 Jariya R., Thailand, 1 year ago
My dream condo can become a reality soon. I have been looking for a room in this style for a long time until I found this project. It offers the room design in my favorite style and has an excellent location. I have reserved a one-bedroom condo size larger than 30 square meters, clearly divided into proportions, with some standard furniture. There is enough space in the room for a variety of activities without feeling uncomfortable. The location is fantastic because it is right in the heart of the business district, easy to find good food and it takes less than 15 minutes to get to the airport, which is fantastic!
Chiang Mai
Si Phum

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Projects Nearby Glory Condominium Chiang Mai

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
Si Phum, Mueang Chiang Mai, Chiang Mai
Number of units
44
Sales Prices
฿2.49M - ฿5.71M
▼ -1.5% underpriced
Monthly Rentals
N/A
Year Built
Apr 2020
Completion Status
Completed
Location
Si Phum, Mueang Chiang Mai, Chiang Mai
Number of units
104
Sales Prices
฿5.13M - ฿5.32M
▲ 8% overpriced
Monthly Rentals
฿24.4K
Year Built
Nov 2014
Completion Status
Completed
Location
Si Phum, Mueang Chiang Mai, Chiang Mai
Number of units
233
Sales Prices
฿2.87M - ฿7.28M
▲ 0.6% overpriced
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
Project Name
D Vieng Santitham
Location
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Number of units
264
Sales Prices
฿2.15M - ฿2.64M
▼ -31% underpriced
Monthly Rentals
฿7.81K - ฿11.7K
Year Built
Aug 2015
Completion Status
Completed
Project Name
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Location
Si Phum, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿16.1M
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Si Phum, Mueang Chiang Mai, Chiang Mai
Number of units
300
Sales Prices
฿1.37M - ฿5.86M
▼ -35% underpriced
Monthly Rentals
N/A
Year Built
May 2012
Completion Status
Completed
Location
Si Phum, Mueang Chiang Mai, Chiang Mai
Number of units
88
Sales Prices
฿1.27M
Monthly Rentals
N/A
Year Built
Jan 1990
Completion Status
Completed
Location
Si Phum, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
฿3.03M - ฿3.32M
▲ 7% overpriced
Monthly Rentals
฿13.7K
Year Built
Feb 2018
Completion Status
Completed
Project Name
The 8 Condominium
Location
Si Phum, Mueang Chiang Mai, Chiang Mai
Number of units
61
Sales Prices
฿3.77M - ฿8.6M
▼ -12.7% underpriced
Monthly Rentals
฿8.79K - ฿14.7K
Year Built
Jul 2018
Completion Status
Completed
Location
Si Phum, Mueang Chiang Mai, Chiang Mai
Number of units
587
Sales Prices
฿1.75M - ฿24.4M
▼ -4.6% underpriced
Monthly Rentals
฿7.33K - ฿28.3K
Year Built
May 2005
Completion Status
Completed
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