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Unit ID:
U1385418
6% Rental Yield
Suan Luang, Suan Luang,Bangkok
฿3,480,000
Sale Price
฿3,480,000
About This Condo
This property is a 61.05 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿3,480,000 (฿57,002/SqM).
Features
Balcony
Basic Information
Date Listed
Mar 17, 2023
Updated
1 year ago
Property Type
Condo
Floor
1
Bedroom
1
Size
61.05 SqM
Price per SqM
฿57,002
Pets
Not Allowed
Condo Ownership
Foreign Quota, Thai Quota, Company
Furniture
Unfurnished
View(s)
City View
Unit Type
1BR
Building
N/A
CAM Fee
฿2,747/mo
Listed By
Developer
Electricity Price
N/A
Water Price
N/A
Unit ID
U1385418
Investment Opportunity: Charges & Yield
Sale Price
฿3,480,000
CAM Fee
฿2,747/mo
Price-to-Rent Ratio
16
Rental Yield
6%
Project Details
Project Name:
The Iris Rama 9 - Srinakarin
Developer:
Iris Group
Construction:
Completed (Dec 2008)
Floors:
8
Buildings:
N/A
Units:
1152
Project Area:
19,200 SqM
Nearest Landmark
Hua Mak ARL
- 0.6 Km
Location:
Suan Luang, Bangkok
The Iris Rama 9 - Srinakarin Project Details
Project Features
Communal Pool
Communal Gym
24H Security
CCTV (Video Surveillance)
Car Parking
Communal Garden Area
Key card access
Available Units at The Iris Rama 9 - Srinakarin
For Sale 10
For Rent 5
฿2,300,000
฿50,627/SqM
1
Beds
1
Baths
45.43
SqM
Size
6
Floor
Thai Quota
Fully Furnished
City View
฿2,200,000฿2,400,000
฿48,320/SqM
1
Beds
1
Baths
45.53
SqM
Size
2
Floor
Company
Fully Furnished
Pool View
฿2,290,000
฿50,219/SqM
1
Beds
1
Baths
45.60
SqM
Size
3
Floor
Foreign Quota
Fully Furnished
Unblocked Open View
฿4,000,000
฿80,000/SqM
1
Beds
1
Baths
50
SqM
Size
6
Floor
Thai Quota
Fully Furnished
City View
฿2,300,000
฿50,000/SqM
1
Beds
1
Baths
46
SqM
Size
6
Floor
Thai Quota
Fully Furnished
City View
฿1,490,000
฿46,563/SqM
1
Beds
1
Baths
32
SqM
Size
2
Floor
Foreign Quota
Fully Furnished
City View
฿1,590,000
฿48,182/SqM
1
Beds
1
Baths
33
SqM
Size
3
Floor
Thai Quota
Fully Furnished
City View
฿2,500,000
฿54,348/SqM
1
Beds
1
Baths
46
SqM
Size
6
Floor
Thai Quota
Fully Furnished
City View
฿2,800,000
฿58,188/SqM
1
Beds
1
Baths
48.12
SqM
Size
1
Floor
Foreign Quota
Unfurnished
City View
฿3,480,000
฿57,002/SqM
1
Beds
1
Baths
61.05
SqM
Size
1
Floor
Foreign Quota
Unfurnished
City View
Get notified when new homes are being added to The Iris Rama 9 - Srinakarin
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Payment Plan
Installment
Milestone
Payment
Reservation Deposit
Immediately
฿5,000
1st Installment
Upon contract signing
฿20,000
2nd Installment
On handover
100%
Frequently Asked Questions
No pets are allowed at The Iris Rama 9 - Srinakarin 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 ฿45 per square meter based on the size of indoor area of the property and is ฿2,747 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 The Iris Rama 9 - Srinakarin the required payment for the sinking fund is ฿300 per square meter based on the size of the indoor area of the property.
Hua Mak ARL is the nearest Airport Rail Link Station from The Iris Rama 9 - Srinakarin and it is 0.6 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.
After you have found the right property at The Iris Rama 9 - Srinakarin 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 ฿5,000 1st Installment Upon contract signing ฿20,000 2nd Installment On handover 100%
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.
Reviews
3.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A 1-year review
Iris Condominium is an older project, hence their rooms are of a larger size. The rooms are very spacious and allow for great comfort. The rooms are a bit old and worn down, but acceptable. Facilities such as the gym and the swimming pool are also worn down but can still be used. There is a hairdresser and a small minimarket within the project. In general, the project and its units are livable and often priced at a very competitive price.
Bangkok
Suan Luang
Neighborhood Overview
-
Buy
฿498K - ฿4.3B -
For Sale on SamuiTimes
1,075 properties -
Rent
฿4.29K - ฿2.11M -
For Rent on SamuiTimes
777 properties -
To Hua Mak ARL
1.3 km / 4 minutes by driving -
To Suvarnabhumi Airport
19.2 km / 20 minutes by driving
Location and Neighborhood
Projects Nearby The Iris Rama 9 - Srinakarin
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
The Iris
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1152
Monthly Rentals
฿11K - ฿16K
Year Built
Jan 2009
Completion Status
Completed
Project Name
Bliz Condominium Rama 9 - Hua Mak
Location
Suan Luang, Suan Luang, Bangkok
Number of units
296
Monthly Rentals
฿7K - ฿7.5K
Year Built
Dec 2011
Completion Status
Completed
Project Name
Le Celeste Rama 9-Srinakarin
Location
Hua Mak, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
฿3.99M - ฿5M
Monthly Rentals
฿24K - ฿28K
Year Built
Jan 2008
Completion Status
Completed
Project Name
The Rich Rama 9 - Srinakarin
Location
Suan Luang, Suan Luang, Bangkok
Number of units
558
Sales Prices
฿3.57M - ฿6.59M
Monthly Rentals
฿12K - ฿32K
Year Built
Dec 2021
Completion Status
Completed
Project Name
Rich Park at Triple Station
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1084
Monthly Rentals
฿9K - ฿23K
Year Built
May 2018
Completion Status
Completed
Project Name
Lumpini Place Srinakarin
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1613
Monthly Rentals
฿7.5K - ฿15K
Year Built
Dec 2014
Completion Status
Completed
Project Name
Meloft Rama 9
Location
Suan Luang, Suan Luang, Bangkok
Number of units
6
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Project Name
The Excel Hideaway Lasalle 11
Location
Suan Luang, Suan Luang, Bangkok
Number of units
159
Sales Prices
฿1.4M - ฿3.6M
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Project Name
The One Plus Srinakarin
Location
Hua Mak, Suan Luang, Bangkok
Number of units
256
Sales Prices
฿1.55M - ฿1.9M
Monthly Rentals
N/A
Year Built
Nov 2017
Completion Status
Completed
Project Name
Floraville Condominium
Location
Suan Luang, Suan Luang, Bangkok
Number of units
640
Monthly Rentals
฿24K - ฿45K
Year Built
Dec 1992
Completion Status
Completed
Projects Nearby The Iris Rama 9 - Srinakarin
Save
The Iris
Bliz Condominium Rama 9 - Hua Mak
Le Celeste Rama 9-Srinakarin
The Rich Rama 9 - Srinakarin
Rich Park at Triple Station
Lumpini Place Srinakarin
Meloft Rama 9
The Excel Hideaway Lasalle 11
The One Plus Srinakarin
Floraville Condominium