Studio Condo for sale at Rhythm Asoke

4.17 (1 Review)
Makkasan, Ratchathewi,Bangkok
Unit ID: U31516
4% Rental Yield
฿3,450,000 Great Price
Studio Bedroom
1 Bathroom
22 SqM Size
19 Floor
Dec 2015 Completed

About This Condo

This property is a 22 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 ฿3,450,000 (฿156,818/SqM).

Basic Information

Property Type Condo
Floor 19
Bedroom Studio
Size 22 SqM
Price per SqM ฿156,818
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%.

N/A
Furniture
Unfurnished
View(s) N/A
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.
฿1,210/mo
Listed By
Private Owner
Date Listed Aug 15, 2017
Last Updated 11 months ago
Unit ID U31516

Price Analysis

Great Price
Estimated market value ฿3,727,464
Great
฿3,310,000
Good
Fair
Above
฿4,100,000
Current asking Price: ฿3,450,000 | Rental estimate: ฿12,200/mo
This condo is ฿277,464 BELOW MARKET (-7%) 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
฿3,450,000
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.
฿1,210/mo
Est. Rent
฿12,200/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other studio condos at Rhythm Asoke, and the current sales price.
4%

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 12 For Rent 11
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Available: May 31, 2023 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
-
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
฿187,097
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 20 Floor
Fully Furnished City View
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Available: Oct 1, 2022 Available Units at Rhythm Asoke
฿160,938
Good 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 31.50 SqM Size
Floor 10 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
฿177,419
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 12 Floor
Fully Furnished City View
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Available Units at Rhythm Asoke
฿137,349
Great Price
Beds 2 Beds
Baths 1 Baths
Size 41.50 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
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Available Units at Rhythm Asoke
฿143,902
Beds 2 Beds
Baths 1 Baths
Size 41 SqM Size
Floor 11 Floor
Foreign Quota Fully Furnished City View
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Available Units at Rhythm Asoke
฿135,714
Beds 2 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 27 Floor
Thai Quota Fully Furnished City View
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Available Units at Rhythm Asoke
฿156,800
Beds 1 Beds
Baths 1 Baths
Size 31.25 SqM Size
Floor 34 Floor
Unfurnished
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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: Aug 21, 2022 Available Units at Rhythm Asoke
฿135,714
Beds 2 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 30 Floor
Thai Quota Fully Furnished City View
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Available Units at Rhythm Asoke
฿142,857
Great Price
Beds 2 Beds
Baths 2 Baths
Size 42 SqM Size
Floor 10 Floor
Unfurnished
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Available: Jan 1, 2023 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
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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
Get notified when new homes are being added to Rhythm Asoke

Loan Calculator

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 ฿1,210 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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Reviews

4.2 out of 5 4.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good location condo near Phra Ram 9 MRT
4.2 Johny Maughan, United Kingdom, 1 year ago
I've been living here for about 6 months. The condominium project here is a quality project under the Rhythm Brand, emphasizing convenience in the heart of the city, which I discovered. Even on the main road, it is peaceful. Phra Ram 9 MRT and Makkasan ARL stations are both nearby. It is only a 5-minute walk from Central Rama 9. The building is brand new and features a large common area and a luxurious lobby. A swimming pool, sauna, garden, and fitness center are all available. The staff is lovely. The quality of the materials was an issue for me while staying at the condo. The walls are so thin that you can hear people walking and close the door.
Bangkok
Makkasan

Neighborhood Overview

Location and Neighborhood

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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
Makkasan, Ratchathewi, Bangkok
Number of units
346
Sales Prices
฿2.92M - ฿8.28M
▲ 0.3% overpriced
Monthly Rentals
฿11.7K - ฿28.3K
Year Built
Feb 2017
Completion Status
Completed
Project Name
Life Asoke Rama 9
Location
Makkasan, Ratchathewi, Bangkok
Number of units
2248
Sales Prices
฿3.22M - ฿8.74M
▼ -3.7% underpriced
Monthly Rentals
฿12.5K - ฿39K
Year Built
Jan 2020
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
599
Sales Prices
฿7.11M - ฿24.9M
▲ 1.4% overpriced
Monthly Rentals
฿19.5K - ฿68.2K
Year Built
Dec 2020
Completion Status
Completed
Project Name
Life Asoke Hype
Location
Makkasan, Ratchathewi, Bangkok
Number of units
1253
Sales Prices
฿3.31M - ฿8.31M
▼ -12.4% underpriced
Monthly Rentals
฿21.4K - ฿36.1K
Year Built
Jul 2021
Completion Status
Completed
Project Name
Ideo Mobi Rama 9
Location
Makkasan, Ratchathewi, Bangkok
Number of units
703
Sales Prices
฿3.01M - ฿8.77M
▼ -21% underpriced
Monthly Rentals
฿10.6K - ฿25.3K
Year Built
Dec 2013
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
473
Sales Prices
฿4.14M - ฿11.5M
▲ 10.6% overpriced
Monthly Rentals
฿11.7K - ฿34.1K
Year Built
Dec 2019
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
315
Sales Prices
฿4.87M - ฿7.21M
▲ 2.1% overpriced
Monthly Rentals
฿17.5K - ฿26.3K
Year Built
Dec 2016
Completion Status
Completed
Project Name
Aspire Rama 9
Location
Makkasan, Ratchathewi, Bangkok
Number of units
663
Sales Prices
฿3.31M - ฿41M
▼ -2.2% underpriced
Monthly Rentals
฿10.7K - ฿25.3K
Year Built
Dec 2013
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
433
Sales Prices
฿3.51M - ฿6.34M
▲ 6.9% overpriced
Monthly Rentals
฿14.6K - ฿34.1K
Year Built
Dec 2014
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
325
Sales Prices
฿5.95M - ฿16.5M
▲ 3.6% overpriced
Monthly Rentals
N/A
Year Built
Mar 2021
Completion Status
Completed
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