Unit ID: U1913499
5% Rental Yield
Tenant-Occupied until Jul 31, 2025
Makkasan, Ratchathewi,Bangkok
฿5,000,000
1 Bedroom
1
Bathroom
32 SqM
Size
23
Floor
Jan 2020
Completed

About This Condo

This property is a 32 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Makkasan, Bangkok and was completed in Jan 2020. You can buy this condo for a base price of ฿5,000,000 (฿156,250/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Aug 20, 2024
Updated 3 months ago
Property Type Condo
Floor 23
Bedroom 1
Size 32 SqM
Price per SqM ฿156,250
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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 Building B
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.
฿1,600/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1913499

Investment Opportunity: Charges & Yield

Sale Price
฿5,000,000
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.
฿1,600/mo
Rent
฿20,000/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.
21
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: Life Asoke Rama 9
Developer: AP (Thailand)
Construction: Completed (Jan 2020)
Floors: 46
Buildings: 2
Units: 2248
Project Area: 14,044 SqM
Nearest Landmark Phra Ram 9 MRT - 0.5 Km
Location: Makkasan, Bangkok
Life Asoke Rama 9 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
Steam Room Steam Room
Sauna Sauna
Walking / Running Track Walking / Running Track
Yoga Area Yoga Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
BBQ Area BBQ Area
Lounge Lounge
Outdoor Putting Green Outdoor Putting Green
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Life Asoke Rama 9

  • Communal Pool
    42nd Floor
  • Communal Gym
    45th Floor
  • Communal Pool
    45th Floor
  • Communal Garden Area
    7th Floor
  • Communal Garden Area
    42nd Floor
  • Lounge
    45th Floor

Available Units at Life Asoke Rama 9

For Sale 58 For Rent 210
Available Units at Life Asoke Rama 9
฿5,800,000
฿181,250/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 26 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Life Asoke Rama 9
฿4,990,000
฿152,134/SqM
Beds 1 Beds
Baths 1 Baths
Size 32.80 SqM Size
Floor 14 Floor
Fully Furnished Unblocked Open View
Available Units at Life Asoke Rama 9
฿4,990,000
฿152,134/SqM
Beds 1 Beds
Baths 1 Baths
Size 32.80 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished City View
Updated 6 days ago
Available Units at Life Asoke Rama 9
฿4,900,000
฿162,144/SqM
Beds 1 Beds
Baths 1 Baths
Size 30.22 SqM Size
Floor 33 Floor
Thai Quota Partly Furnished
Available Units at Life Asoke Rama 9
฿4,650,000
฿131,023/SqM
Beds 1 Beds
Baths 1 Baths
Size 35.49 SqM Size
Floor 16 Floor
Foreign Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿4,500,000
฿173,077/SqM
Beds Studio Beds
Baths 1 Baths
Size 26 SqM Size
Floor 36 Floor
Foreign Quota Fully Furnished 360° View
Updated 1 month ago
Available Units at Life Asoke Rama 9
฿4,089,000
฿146,036/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 44 Floor
Foreign Quota Fully Furnished City View
Updated 6 days ago
Available Units at Life Asoke Rama 9
฿5,150,000
฿144,460/SqM
Beds 1 Beds
Baths 1 Baths
Size 35.65 SqM Size
Floor 23 Floor
Thai Quota City View
Available Units at Life Asoke Rama 9
฿4,950,000
฿141,429/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 14 Floor
Thai Quota Unfurnished City View
Updated 2 weeks ago
Available Units at Life Asoke Rama 9
฿9,200,000
฿191,667/SqM
Beds 2 Beds
Baths 1 Baths
Size 48 SqM Size
Floor 41 Floor
Foreign Quota Fully Furnished Skyline View
Updated 1 month ago
Available Units at Life Asoke Rama 9
฿9,640,008
฿160,667/SqM
Beds 2 Beds
Baths 2 Baths
Size 60 SqM Size
Floor 18 Floor
Thai Quota Unfurnished City View
Available Units at Life Asoke Rama 9
฿4,089,000
฿146,036/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 44 Floor
Foreign Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿5,600,000
฿160,000/SqM
Beds 2 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 18 Floor
Thai Quota Fully Furnished Park View
Updated 1 month ago
Available Units at Life Asoke Rama 9
฿5,760,000
฿160,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 13 Floor
Leasehold Fully Furnished City View
Available Units at Life Asoke Rama 9
฿3,299,000
฿127,967/SqM
Beds Studio Beds
Baths 1 Baths
Size 25.78 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished City View
Updated 2 months ago
Available Units at Life Asoke Rama 9
฿4,700,000
฿167,857/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 20 Floor
Thai Quota Fully Furnished Unblocked Open View
Available Units at Life Asoke Rama 9
฿5,450,000
฿155,714/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 26 Floor
Thai Quota Fully Furnished City View
Updated 1 month ago
Available Units at Life Asoke Rama 9
฿5,000,000฿5,562,000
฿178,571/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 41 Floor
Thai Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿9,400,000
฿162,069/SqM
Beds 2 Beds
Baths 2 Baths
Size 58 SqM Size
Floor 40 Floor
Foreign Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿5,300,000
฿151,429/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 37 Floor
Thai Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿4,600,000
฿143,750/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿4,550,000
฿141,129/SqM
Beds 1 Beds
Baths 1 Baths
Size 32.24 SqM Size
Floor 24 Floor
Thai Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿8,600,000
฿138,710/SqM
Beds 3 Beds
Baths 2 Baths
Size 62 SqM Size
Floor 34 Floor
Thai Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿5,300,000
฿165,625/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished City View
Updated 1 month ago
Available Units at Life Asoke Rama 9
฿4,700,000
฿146,875/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 37 Floor
Thai Quota City View
Available Units at Life Asoke Rama 9
฿8,000,000
฿177,778/SqM
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 20 Floor
Fully Furnished Unblocked Open View
Available Units at Life Asoke Rama 9
฿8,000,000
฿177,778/SqM
Beds 2 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 20 Floor
Fully Furnished City View
Available Units at Life Asoke Rama 9
฿5,500,000
฿166,667/SqM
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿8,000,000
฿175,824/SqM
Beds 2 Beds
Baths 1 Baths
Size 45.50 SqM Size
Floor 18 Floor
Thai Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿5,000,000
฿156,250/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Life Asoke Rama 9
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Frequently Asked Questions

No pets are allowed at Life Asoke Rama 9 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 ฿1,600 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 Life Asoke Rama 9 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Phra Ram 9 MRT is the nearest MRT Station from Life Asoke Rama 9 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 Life Asoke Rama 9 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

Reviews

4.4 out of 5
Based on
14 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A perfect and unique common area designed
Deidre Huber, Switzerland, 4 years ago
Love the project's common area so much, beautiful and modern, perfectly meets the need of urban life. All facilities are designed to be functional. It's considered a new stylish design and worthwhile, different from many projects. There is no perfect word to describe how convenient the location is as many popular property developments surrounding it, as well as MRT, ARL, shopping malls like Central Plaza Grand Rama 9, Fortune Town, and G Tower office building. Besides, there is a wide room range to choose from depending on residents' preference. In general, it's perfect without any troubles. Recommend it here to be on the option for living in the city
Condo near Phra Ram 9 MRT station, very convenient and definitely recommend!!!
Val Blocker, United States, 4 years ago
This condo is near Phra Ram 9 MRT station, just about 300 meters. Very convenient and recommended to take MRT to avoid traffic. It is also close to CentralPlaza Grand Rama 9, Fortune Tower, Train Night Market Ratchada, etc. It's considered in a convenient location. The living area is adjacent to the bedroom, a closed kitchen with a sliding glass door. I don't usually cook in my room and don't worry much about the smell. This is a great place. Definitely recommend.
Affordable price and close to BTS station
Isidra Dundas, Belgium, 5 years ago
It is a nice and modern condo featuring a swimming pool with a city view and a gym. The staff is friendly, and the facilities are great. However, car parking here is quite limited. There should be more and quite small because it is not a new condo. Anyway, the prices are reasonable, and it is close to all conveniences you need in Bangkok. Just a few steps from Thonglor BTS station, which is very convenient and connects to every city destination. It is suitable for living or renting out, considered very worthwhile!
Condo just 5 minutes walk to Thonglor BTS Station
Ulrike Stifter, Germany, 6 years ago
As I've moved to several places, the condo here is one of the best condo ever. There is an outdoor pool and spacious sunbathing seats. Moreover, there are many types of rooms. And I think the view is beautiful in every room. Most of the residents here are Japanese and European. Also, the staff is helpful. I like it the most because it is convenient to travel, just 5 minutes from Thonglor BTS Station. If you have your car, there is ample parking, but sometimes it's not enough for the number of residents !!
Bangkok
Makkasan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Life Asoke Rama 9

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
Life Asoke Hype
Location
Makkasan, Ratchathewi, Bangkok
Number of units
1253
Sales Prices
฿3.91M - ฿17.5M
▼ -5% underpriced
Monthly Rentals
฿15.1K - ฿45.2K
Year Built
Jul 2021
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
315
Sales Prices
฿5.03M - ฿8.04M
▼ -1.2% underpriced
Monthly Rentals
฿20.1K - ฿35.2K
Year Built
Dec 2016
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
423
Sales Prices
฿2.23M - ฿4.52M
▼ -26% underpriced
Monthly Rentals
฿12.1K - ฿13.1K
Year Built
Dec 2012
Completion Status
Completed
Location
Din Daeng, Ratchathewi, Bangkok
Number of units
325
Sales Prices
฿5.23M - ฿15.9M
▼ -13.7% underpriced
Monthly Rentals
฿21.1K - ฿45.2K
Year Built
Mar 2021
Completion Status
Completed
Project Name
Rhythm Asoke
Location
Makkasan, Ratchathewi, Bangkok
Number of units
385
Sales Prices
฿2.96M - ฿6.74M
▼ -10.4% underpriced
Monthly Rentals
฿13.1K - ฿30.2K
Year Built
Dec 2015
Completion Status
Completed
Location
Din Daeng, Ratchathewi, Bangkok
Number of units
473
Sales Prices
฿4.25M - ฿11.9M
▲ 2.1% overpriced
Monthly Rentals
฿16.1K - ฿65.3K
Year Built
Dec 2019
Completion Status
Completed
Project Name
Rhythm Asoke 2
Location
Makkasan, Ratchathewi, Bangkok
Number of units
346
Sales Prices
฿3.32M - ฿8.54M
▼ -12% underpriced
Monthly Rentals
฿12.1K - ฿28.2K
Year Built
Feb 2017
Completion Status
Completed
Location
Din Daeng, Ratchathewi, Bangkok
Number of units
500
Sales Prices
฿2.31M - ฿7.39M
▼ -26.3% underpriced
Monthly Rentals
฿9.55K - ฿17.1K
Year Built
Dec 2011
Completion Status
Completed
Location
Din Daeng, Ratchathewi, Bangkok
Number of units
599
Sales Prices
฿7.53M - ฿80.4M
▲ 6.8% overpriced
Monthly Rentals
฿25.1K - ฿80.4K
Year Built
Dec 2020
Completion Status
Completed
Project Name
Ideo Mobi Rama 9
Location
Huai Khwang, Ratchathewi, Bangkok
Number of units
703
Sales Prices
฿3.11M - ฿8.55M
▼ -36.5% underpriced
Monthly Rentals
฿11K - ฿32.2K
Year Built
Dec 2013
Completion Status
Completed
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