Unit ID: U1774648
3% Rental Yield
Si Lom, Bang Rak,Bangkok
฿20,000,000
2 Bedrooms
1
Bathroom
88 SqM
Size
8
Floor
Dec 2005
Completed

About This Condo

This property is a 88 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Si Lom, Bangkok and was completed in Dec 2005. You can buy this condo for a base price of ฿20,000,000 (฿227,273/SqM) and it is also available for long term rentals starting from ฿50,000 per month.

Features

BalconyBalcony TVTV

Basic Information

Date Listed Mar 27, 2024
Updated 8 months ago
Property Type Condo
Floor 8
Bedrooms 2
Size 88 SqM
Price per SqM ฿227,273
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%.

N/A
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) N/A
Unit Type N/A
Building Silom Grand Terrace
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.
฿3,960/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1774648

Investment Opportunity: Charges & Yield

Sale Price
฿20,000,000
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.
฿3,960/mo
Rent
฿50,000/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.
33
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: Silom Grand Terrace
Developer: Metro Star Property
Construction: Completed (Dec 2005)
Floors: 21
Buildings: 1
Units: 226
Project Area: 2,950 SqM
Nearest Landmark Si Lom MRT - 0.1 Km
Location: Si Lom, Bangkok
Silom Grand Terrace Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Library / Reading Room Library / Reading Room
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Silom Grand Terrace

  • Communal Pool
    4th Floor
  • Communal Gym
    4th Floor

Available Units at Silom Grand Terrace

For Sale 1 For Rent 14
Get notified when new homes are being added to Silom Grand Terrace
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Frequently Asked Questions

No pets are allowed at Silom Grand Terrace 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 ฿3,960 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.
Si Lom MRT is the nearest MRT Station from Silom Grand Terrace and it is 0.1 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 Silom Grand Terrace 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

4.3 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Old condo but good location
Emmitt Felch, Australia, 5 years ago
The condo is quite old but located in a prime area of the city center next to the Silom Complex. It's also conveniently located near Sala Daeng BTS station and Silom MRT station, with easy access and saves time. The condo comprises a gym, a swimming pool, and an excellent security system. The room has complete facilities and is reasonably priced. It's considered one of the pleasant condos and a good location to stay.
Excellent location. Near BTS and MRT station
Ray Chisum, Mexico, 6 years ago
Living here is very impressive. Although the exterior looks a bit old, the project has complete facilities. There is a swimming pool, fitness center, and parking. The project is in an excellent location, very convenient to travel, close to Saladaeng BTS and Silom MRT within walking distance. It is located behind Silom Complex. The surrounding gives an urban sense. The street is crowded with people and cars. I like it as I won't feel lonely. Personally, the condo room is spacious, furnished with standard furniture. The staff provides a good service. The security is just incredible; they strictly check the residents' access. The price is reasonable. It is very suitable for long-term living.
Bangkok
Si Lom

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Silom Grand Terrace

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
Si Lom, Bang Rak, Bangkok
Number of units
665
Sales Prices
฿35.5M - ฿129M
Monthly Rentals
N/A
Year Built
Dec 2023
Completion Status
Completed
Project Name
Silom Condominium
Location
Si Lom, Bang Rak, Bangkok
Number of units
38
Sales Prices
฿17.5M - ฿20.6M
Monthly Rentals
฿39K - ฿70K
Year Built
Jan 1997
Completion Status
Completed
Project Name
Dusit Parkside
Location
Si Lom, Bang Rak, Bangkok
Number of units
230
Sales Prices
฿28M
▲ 14% overpriced
Monthly Rentals
N/A
Year Built
Jan 2025
Completion Status
Off Plan
Project Name
Silom Terrace
Location
Si Lom, Bang Rak, Bangkok
Number of units
155
Sales Prices
฿5M - ฿6.2M
Monthly Rentals
฿16K - ฿46K
Year Built
Dec 2001
Completion Status
Completed
Location
Si Lom, Bang Rak, Bangkok
Number of units
132
Sales Prices
฿11.5M - ฿29M
▲ 2% overpriced
Monthly Rentals
฿36K - ฿90K
Year Built
Dec 2010
Completion Status
Completed
Location
Si Lom, Bang Rak, Bangkok
Number of units
77
Sales Prices
฿30M - ฿46M
Monthly Rentals
฿80K - ฿150K
Year Built
Jan 2006
Completion Status
Completed
Project Name
Saladaeng One
Location
Si Lom, Bang Rak, Bangkok
Number of units
187
Sales Prices
฿12.8M - ฿48M
▲ 3% overpriced
Monthly Rentals
฿45K - ฿180K
Year Built
Dec 2018
Completion Status
Completed
Location
Si Lom, Bang Rak, Bangkok
Number of units
75
Sales Prices
฿12.5M - ฿81M
▲ 5% overpriced
Monthly Rentals
฿42K - ฿100K
Year Built
Dec 2004
Completion Status
Completed
Location
Si Lom, Bang Rak, Bangkok
Number of units
111
Sales Prices
฿5.39M
Monthly Rentals
฿18K - ฿35K
Year Built
Dec 2012
Completion Status
Completed
Location
Thung Mahamek, Bang Rak, Bangkok
Number of units
720
Sales Prices
฿10.6M - ฿74.8M
Monthly Rentals
฿45K - ฿160K
Year Built
Feb 2023
Completion Status
Completed
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