Unit ID: U1721554
4% Rental Yield
Phra Khanong, Khlong Toei,Bangkok
฿8,000,000
1 Bedroom
1
Bathroom
36 SqM
Size
11
Floor
Jun 2020
Completed

About This Condo

This property is a 36 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Phra Khanong, Bangkok and was completed in Jun 2020. You can buy this condo for a base price of ฿8,000,000 (฿222,222/SqM).

Japanese inspired condo with full hotel service

1 bedroom for sale Siamese 42 with Wyndham Garden Hotel attached. Always have tenant since transfer.

Features

BalconyBalcony

Basic Information

Date Listed Jan 24, 2024
Updated 2 weeks ago
Property Type Condo
Floor 11
Bedroom 1
Size 36 SqM
Price per SqM ฿222,222
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) Garden 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.
฿2,700/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1721554

Investment Opportunity: Charges & Yield

Sale Price
฿8,000,000
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.
฿2,700/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.
24
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 1 bedroom condos at Siamese Exclusive 42, and the current sales price.
4%

Project Details

Project Name: Siamese Exclusive 42
Construction: Completed (Jun 2020)
Floors: 31
Buildings: N/A
Units: 454
Project Area: 3,200 SqM
Nearest Landmark Ekkamai BTS - 0.2 Km
Location: Phra Khanong, Bangkok
Siamese Exclusive 42 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
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at Siamese Exclusive 42

For Sale 3 For Rent 7
Get notified when new homes are being added to Siamese Exclusive 42
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Frequently Asked Questions

No pets are allowed at Siamese Exclusive 42 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 ฿75 per square meter based on the size of indoor area of the property and is ฿2,700 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 Siamese Exclusive 42 the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Ekkamai BTS is the nearest BTS Station from Siamese Exclusive 42 and it is 0.2 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 Siamese Exclusive 42 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

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Phra Khanong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Siamese Exclusive 42

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
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
449
Sales Prices
฿6.61M - ฿33M
▲ 4.4% overpriced
Monthly Rentals
฿22K - ฿36K
Year Built
Feb 2020
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
449
Sales Prices
฿4.1M - ฿11M
▲ 1.5% overpriced
Monthly Rentals
฿15K - ฿50K
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Dec 2008
Completion Status
Completed
Location
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Number of units
407
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฿5.1M - ฿19.5M
▼ -3.6% underpriced
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฿16K - ฿80K
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Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
69
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฿7.5M - ฿25M
▲ 19% overpriced
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฿30K - ฿65K
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Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
280
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฿2.4M - ฿7.2M
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Completion Status
Completed
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Location
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Number of units
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Number of units
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Monthly Rentals
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Phra Khanong, Khlong Toei, Bangkok
Number of units
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Completion Status
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