Unit ID: U673136
3% Rental Yield
Tenant-Occupied until May 27, 2025
Phra Khanong, Khlong Toei,Bangkok
฿11,500,000 ฿11,845,000 Great Price
1 Bedroom
1
Bathroom
53 SqM
Size
14
Floor
Mar 2020
Completed

About This Condo

This property is a 53 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 Mar 2020. You can buy this condo for a base price of ฿11,500,000 (฿216,981/SqM) and it is also available for long term rentals starting from ฿33,000 per month.

1BR Condo with Huge Balcony 800 meters from Thonglor BTS

14th Floor.

Features

Media Room/CinemaMedia Room/Cinema JacuzziJacuzzi Rooftop TerraceRooftop Terrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Mar 23, 2021
Updated 1 month ago
Property Type Condo
Floor 14
Bedroom 1
Size 53 SqM
Price per SqM ฿216,981
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) Skyline View, City View, Unblocked Open View
Unit Type N/A
Building The Room Sukhumvit 38
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.
฿3,975/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U673136

Investment Opportunity: Charges & Yield

Sale Price
฿11,500,000
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.
฿3,975/mo
Rent
฿33,000/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.
29
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.
3%

Project Details

Project Name: The Room Sukhumvit 38
Construction: Completed (Mar 2020)
Floors: 26
Buildings: 1
Units: 229
Project Area: 3,651 SqM
Nearest Landmark Ekkamai BTS - 0.6 Km
Location: Phra Khanong, Bangkok
The Room Sukhumvit 38 Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
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
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at The Room Sukhumvit 38

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
  • Communal Garden Area
    1st Floor
  • Lounge
    5th Floor
  • Co-Working Space / Meeting Room
    5th Floor

Available Units at The Room Sukhumvit 38

For Sale 6 For Rent 9
Get notified when new homes are being added to The Room Sukhumvit 38
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Frequently Asked Questions

No pets are allowed at The Room Sukhumvit 38 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 ฿3,975 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 Room Sukhumvit 38 the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Ekkamai BTS is the nearest BTS Station from The Room Sukhumvit 38 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.

 

Read more here

After you have found the right property at The Room Sukhumvit 38 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

5 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I'm in love with this place
Summer 111, Canada, 3 years ago
The condo project here is stunning, modern, and luxurious. A unit is a one-bedroom unit that is both spacious and well-allocated. There is a kitchen corner, living area, a bedroom, and a large bathroom. The room's owner also decorated it in a lovely, minimal style, which I love. What I enjoy the most are the common areas, which include a swimming pool, a library, a lounge, and a garden. It is where I spend part of my free time. During the WFH period, this was a fantastic time because there is a large space with various activities to choose from. Most importantly, the location of this project is perfect because it is easily accessible from many routes. It's near Thonglor BTS and opposite to Thonglor Road, which is the most convenient area in Bangkok again. I really like it.
This project's lobby is very luxurious.
David E., United States, 3 years ago
This project's lobby is very luxurious. The saltwater pool and gym are on the 4th floor, and the lounge is on the 5th floor. The decorations are incredible. When we went to the sample one-bedroom type, it may seem a bit cramped for me. But my girlfriend likes the rooms as the space is well-organized and made the most from every inch. The room is fully fitted with furniture, built-in wardrobes, and digital door systems. So we decided to reserve a 1 bedroom. We choose this place because of its location close to both our offices as well. As for the transportation, it is considered very convenient, close to Thonglor BTS and Sukhumvit Road.
Bangkok
Phra Khanong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Room Sukhumvit 38

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Location
Number of units
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Year Built
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Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
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▼ -2% underpriced
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