Unit ID: U1429320
7% Rental Yield
Bang Chak, Phra Khanong,Bangkok
฿4,600,000
2 Bedrooms
2
Bathrooms
62 SqM
Size
3
Floor
Dec 2009
Completed

About This Condo

This property is a 62 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Bang Chak, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿4,600,000 (฿74,194/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jun 14, 2023
Updated 1 year ago
Property Type Condo
Floor 3
Bedrooms 2
Size 62 SqM
Price per SqM ฿74,194
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) 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.
฿3,720/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1429320

Investment Opportunity: Charges & Yield

Sale Price
฿4,600,000
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.
฿3,720/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.
15
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 2 bedroom condos at Whizdom The Exclusive, and the current sales price.
7%

Project Details

Project Name: Whizdom The Exclusive
Construction: Completed (Dec 2009)
Floors: 8
Buildings: N/A
Units: 79
Project Area: N/A
Nearest Landmark Punnawithi BTS - 0.2 Km
Location: Bang Chak, Bangkok
Whizdom The Exclusive 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

Available Units at Whizdom The Exclusive

For Sale 2 For Rent 2
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Frequently Asked Questions

No pets are allowed at Whizdom The Exclusive 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 ฿60 per square meter based on the size of indoor area of the property and is ฿3,720 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 Whizdom The Exclusive the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Punnawithi BTS is the nearest BTS Station from Whizdom The Exclusive 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 Whizdom The Exclusive 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
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Very convenient
James Max, United States, 7 years ago
I rented a condo here because of its convenient location; it takes only 10 minutes to get to my office via the BTS at Punnawithi BTS, and I usually park my car at the condo because I only use it on vacation. The condo near my office allows me to spend more time relaxing, such as swimming at the pool or exercising after work. The room I rented is a fully furnished 2-bedroom condo. The condo is brand new, and the design is stunning, overlooking a beautiful landscape. I want to recommend that those who want to save time traveling buy or rent it here, as it will undoubtedly meet their needs!
Bangkok
Bang Chak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Whizdom The Exclusive

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
Bang Chak, Phra Khanong, Bangkok
Number of units
262
Sales Prices
฿2.7M - ฿5M
▼ -21.3% underpriced
Monthly Rentals
฿14K - ฿26K
Year Built
Dec 2010
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
487
Sales Prices
฿4.9M - ฿11.9M
▲ 9% overpriced
Monthly Rentals
฿17K - ฿55K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Hue Sukhumvit
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
141
Sales Prices
฿2.59M - ฿5.69M
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
349
Sales Prices
฿6.3M - ฿33.2M
▼ -7% underpriced
Monthly Rentals
฿20K - ฿58K
Year Built
Sep 2020
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
5
Sales Prices
฿27M
Monthly Rentals
N/A
Year Built
Mar 2019
Completion Status
Completed
Project Name
Sari by Sansiri
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
192
Sales Prices
฿3.3M - ฿3.3B
▼ -3.1% underpriced
Monthly Rentals
฿13K - ฿36K
Year Built
Jan 2013
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
778
Sales Prices
฿3.4M - ฿9.9M
▼ -11.3% underpriced
Monthly Rentals
฿13K - ฿58.5K
Year Built
Jan 2020
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
149
Sales Prices
฿2.85M - ฿8.3M
▼ -5.5% underpriced
Monthly Rentals
฿11K - ฿38K
Year Built
Apr 2018
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
8
Sales Prices
฿46M
Monthly Rentals
N/A
Year Built
Jan 2023
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
365
Sales Prices
฿2.6M - ฿6.11M
▼ -14.3% underpriced
Monthly Rentals
฿9.5K - ฿32K
Year Built
Jan 2015
Completion Status
Completed
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