Rhythm Asoke

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Makkasan, Ratchathewi,Bangkok

Unit ID: U1017780
5% Rental Yield
฿3,150,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
23 SqM Size
Floors
34 Floor
Construction
Dec 2015 Completed

Studio Condo for sale at Rhythm Asoke

This property is a 23 SqM studio condo with 1 bathroom that is available for sale. It is part of the Rhythm Asoke project in Makkasan, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of ฿3,150,000 (฿136,957/SqM) and it is also available for long term rentals starting from ฿13,000 per month.

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 34
Bedroom Studio
Size 23 SqM
Price per SqM ฿136,957
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 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.
฿1,265/mo
Listed By
Private Owner
Date Listed Jul 30, 2021
Last Updated 2 months ago
Unit ID U1017780

Price Analysis

Great Price
Estimated market value ฿4,258,224
Great
฿4,200,000
Good
Fair
Above
฿4,340,000
Current asking Price: ฿3,150,000 | Advertised rental rate: ฿13,000/mo
This condo is ฿1,108,224 BELOW MARKET (-26%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿3,150,000
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
฿13,000/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.
20
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.
5%

Project Details

Project Name: Rhythm Asoke
Developer: AP (Thailand)
Construction: Completed (Dec 2015)
Floors: 37
Buildings: N/A
Units: 385
Project Area: N/A
Nearest Landmark Phra Ram 9 MRT - 0.4 Km
Location: Makkasan, Ratchathewi, Bangkok
Rhythm Asoke 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
Sauna Sauna

Available Units at Rhythm Asoke

For Sale 7 For Rent 7
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Available Units at Rhythm Asoke
-
Beds Studio Beds
Baths 1 Baths
Size 21.50 SqM Size
Floor 25 Floor
Unfurnished
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Available Units at Rhythm Asoke
฿178,571
Good Price
Beds Studio Beds
Baths 1 Baths
Size 21 SqM Size
Floor 25 Floor
Foreign Quota Fully Furnished
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Available Units at Rhythm Asoke
-
Beds 1 Beds
Baths 1 Baths
Size 31.50 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
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Available Units at Rhythm Asoke
฿160,938
Great Price
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 20 Floor
Thai Quota Fully Furnished City View
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Available Units at Rhythm Asoke
-
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 11 Floor
Fully Furnished City View
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Available Units at Rhythm Asoke
-
Beds 1 Beds
Baths 1 Baths
Size 23 SqM Size
Floor 28 Floor
Thai Quota Fully Furnished City View
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Available Units at Rhythm Asoke
฿159,091
Great Price
Beds Studio Beds
Baths 1 Baths
Size 22 SqM Size
Floor 18 Floor
Fully Furnished City View
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Available Units at Rhythm Asoke
฿163,415
Good Price
Beds 2 Beds
Baths 1 Baths
Size 41 SqM Size
Floor 12 Floor
Thai Quota Fully Furnished City View
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Available Units at Rhythm Asoke
฿156,818
Great Price
Beds Studio Beds
Baths 1 Baths
Size 22 SqM Size
Floor 19 Floor
Unfurnished
Favorite
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Available Units at Rhythm Asoke
฿136,957
Great Price
Beds Studio Beds
Baths 1 Baths
Size 23 SqM Size
Floor 34 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at Rhythm Asoke
฿171,253
Beds 2 Beds
Baths 1 Baths
Size 41.50 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Rhythm Asoke

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Frequently asked questions

No pets are allowed at Rhythm Asoke 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.
Phra Ram 9 MRT is the nearest MRT from Rhythm Asoke and it is 0.4 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 Rhythm Asoke 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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Bangkok

Makkasan

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Rhythm Asoke

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
Project Name
Rhythm Asoke 2
Location
Ratchathewi, Bangkok, Thailand
Number of units
346
Sales Prices
฿3M - ฿8.49M
▼ -6.5% underpriced
Monthly Rentals
฿12K - ฿29K
Year Built
Feb 2017
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
315
Sales Prices
฿5.1M - ฿7.4M
▼ -4.8% underpriced
Monthly Rentals
฿18K - ฿25K
Year Built
Dec 2016
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
599
Sales Prices
฿6.53M - ฿25.6M
▲ 4.7% overpriced
Monthly Rentals
฿50K - ฿70K
Year Built
Dec 2020
Completion Status
Completed
Project Name
Life Asoke Rama 9
Location
Ratchathewi, Bangkok, Thailand
Number of units
2248
Sales Prices
฿3.05M - ฿9.01M
▼ -4% underpriced
Monthly Rentals
฿13K - ฿28.5K
Year Built
Jan 2020
Completion Status
Completed
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Life Asoke Hype
Location
Ratchathewi, Bangkok, Thailand
Number of units
1253
Sales Prices
฿3M - ฿10.7M
▼ -4% underpriced
Monthly Rentals
N/A
Year Built
Jul 2021
Completion Status
Completed
Project Name
Ideo Mobi Rama 9
Location
Ratchathewi, Bangkok, Thailand
Number of units
703
Sales Prices
฿3.09M - ฿9M
▼ -3.5% underpriced
Monthly Rentals
฿13.5K - ฿26K
Year Built
Dec 2013
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
473
Sales Prices
฿4.3M - ฿11.8M
▼ -0.8% underpriced
Monthly Rentals
฿19K - ฿30K
Year Built
Dec 2019
Completion Status
Completed
Project Name
Aspire Rama 9
Location
Ratchathewi, Bangkok, Thailand
Number of units
663
Sales Prices
฿3.5M - ฿7.57M
▼ -2.9% underpriced
Monthly Rentals
฿13K - ฿17K
Year Built
Dec 2013
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
433
Sales Prices
฿3.6M - ฿6.5M
▼ -3.5% underpriced
Monthly Rentals
฿16K - ฿35K
Year Built
Dec 2014
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
325
Sales Prices
฿6.1M - ฿18M
▲ 12% overpriced
Monthly Rentals
N/A
Year Built
Mar 2021
Completion Status
Completed
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