Studio Condo for sale at Siam Oriental Star

5 (1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U469620
฿1,690,000 Great Price
Studio Bedroom
1 Bathroom
22 SqM Size
6 Floor
Jun 2021 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 Siam Oriental Star project in Nong Prue, Pattaya and was completed in Jun 2021. You can buy this condo for a base price of ฿1,690,000 (฿76,818/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 6
Bedroom Studio
Size 22 SqM
Price per SqM ฿76,818
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%.

Foreign Quota, Thai Quota, Company
Furniture
Unfurnished
View(s) Mountain View
Unit Type STU
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.
฿1,100/mo
Listed By
Developer
Date Listed Mar 31, 2020
Last Updated 2 years ago
Unit ID U469620

Price Analysis

Great Price
Estimated market value ฿2,209,201
Great
฿1,960,000
Good
Fair
Above
฿2,360,000
Current asking Price: ฿1,690,000
This condo is ฿519,201 BELOW MARKET (-24%) in the Pattaya 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
฿1,690,000
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.
฿1,100/mo

Project Details

Project Name: Siam Oriental Star
Construction: Completed (Jun 2021)
Floors: 8
Buildings: N/A
Units: 142
Project Area: N/A
Nearest Landmark Pratumnak Beach - 1 Km
Location: Nong Prue, Pattaya, Chon Buri
Siam Oriental Star Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Siam Oriental Star

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
During a month
25%
2nd Installment
During a construction
50%
3rd Installment
On handover
25%

Frequently Asked Questions

No pets are allowed at Siam Oriental Star 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 ฿50 per square meter based on the size of indoor area of the property and is ฿1,100 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 Siam Oriental Star the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Pratumnak Beach is the nearest Beach from Siam Oriental Star 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 Siam Oriental Star 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
฿50,000
1st Installment
During a month
25%
2nd Installment
During a construction
50%
3rd Installment
On handover
25%

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

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
Condominiums for investment in Pattaya
5 Jonh Suwanmetra, Thailand, 2 years ago
I compared many condominiums for investment in Pattaya's downtown and Pratumnak Hill areas, and finally, I have booked one room at this condo because of its location. The area is pretty peaceful and private suitable for living. I think it has the potential to be developed in the future. It's just 200 meters away from the main road, so it's quite convenient to travel around. To Dongtan Beach, it takes only 7 minutes and 8 minutes to Jomtien Beach. A bit faster if you want to get to the town, it's 6 minutes, I reckon. That's from my previous survey. Another reason is the price. I think this is a worthy new-launched condominium. I have booked a one-bedroom unit starting from 2 million baht about the living area at 30 sq.m. The facilities are quite complete. I can see an opportunity to rent it out. Now, the project is under construction, expected to be completed in 2021. Plus, I follow the products from this developer for a while as he gains fame of the property's quality and positive feedback. The staff gave useful information so that you can contact them for more info. If you are looking for an affordable quality condominium, it must be Siam Oriental Star!
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

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