Supalai Park Asoke-Ratchada

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Din Daeng, Din Daeng,Bangkok

Unit ID: U164260
4% Rental Yield
฿2,850,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
34 SqM Size
Floors
20 Floor
Construction
Dec 2011 Completed

About This Condo

This property is a 34 SqM studio condo with 1 bathroom that is available for sale. It is part of the Supalai Park Asoke-Ratchada project in Din Daeng, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of ฿2,850,000 (฿83,824/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 20
Bedroom Studio
Size 34 SqM
Price per SqM ฿83,824
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View, Blocked 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.
฿1,020/mo
Listed By
Private Owner
Date Listed Jul 24, 2019
Last Updated 2 years ago
Unit ID U164260

Price Analysis

Great Price
Estimated market value ฿4,401,525
Great
฿2,950,000
Good
Fair
Above
฿6,590,000
Current asking Price: ฿2,850,000 | Rental estimate: ฿9,640/mo
This condo is ฿1,551,525 BELOW MARKET (-35%) 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
฿2,850,000
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.
฿1,020/mo
Est. Rent
฿9,640/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.
25
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 Supalai Park Asoke-Ratchada, and the current sales price.
4%

Project Details

Developer: Supalai
Construction: Completed (Dec 2011)
Floors: 29
Buildings: 1
Units: 500
Project Area: 5,600 SqM
Nearest Landmark Phra Ram 9 MRT - 0.5 Km
Location: Din Daeng, Din Daeng, Bangkok
Supalai Park Asoke-Ratchada 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
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Supalai Park Asoke-Ratchada

  • Communal Pool
    7th Floor
  • Communal Gym
    7th Floor
  • Communal Garden Area
    7th Floor

Available Units at Supalai Park Asoke-Ratchada

For Sale 7 For Rent 1
Get notified when new homes are being added to Supalai Park Asoke-Ratchada

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Frequently Asked Questions

The common area maintenance fee is ฿30 per square meter based on the size of indoor area of the property and is ฿1,020 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 Supalai Park Asoke-Ratchada the required payment for the sinking fund is ฿300 per square meter based on the size of the indoor area of the property.
Phra Ram 9 MRT is the nearest MRT from Supalai Park Asoke-Ratchada and it is 0.5 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 Supalai Park Asoke-Ratchada 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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