Unit ID: U39977
5% Rental Yield
Tenant-Occupied until Jun 1, 2024
Lumphini, Pathum Wan,Bangkok
฿10,500,000 ฿11,000,000 Great Price
1 Bedroom
1
Bathroom
87 SqM
Size
20
Floor
Dec 2006
Completed

About This Condo

This property is a 87 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Baan Rajprasong project in Lumphini, Bangkok and was completed in Dec 2006. You can buy this condo for a base price of ฿10,500,000 (฿120,690/SqM) and it is also available for long term rentals starting from ฿40,000 per month.

Features

BalconyBalcony BathtubBathtub TVTV

Basic Information

Date Listed Nov 16, 2021
Updated 9 months ago
Property Type Condo
Floor 20
Bedroom 1
Size 87 SqM
Price per SqM ฿120,690
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Leasehold
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) City View, Unblocked Open 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.
฿3,915/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U39977

Price Analysis

Great Price
Estimated market value ฿11,783,895
Great
฿10,000,000
Good
Fair
Above
฿11,800,000
Current asking Price: ฿10,500,000 | Advertised rental rate: ฿40,000/mo
This condo is ฿1,283,895 BELOW MARKET (-11%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿10,500,000
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.
฿3,915/mo
Rent
฿40,000/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.
22
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.
5%

Project Details

Project Name: Baan Rajprasong
Developer: Baan Rajprasong
Construction: Completed (Dec 2006)
Floors: 34
Buildings: 1
Units: 220
Project Area: 5,404 SqM
Nearest Landmark Ratchadamri BTS - 0.2 Km
Location: Lumphini, Bangkok
Baan Rajprasong Project Details

Project Features

On Site Restaurant On Site Restaurant
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
Sauna Sauna
Mini Theater Mini Theater
Pool / Snooker Table Pool / Snooker Table
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Baan Rajprasong

  • Communal Pool
    2nd Floor
  • Communal Gym
    2nd Floor

Available Units at Baan Rajprasong

For Sale 17 For Rent 28
Available Units at Baan Rajprasong
฿9,000,000
฿71,429/SqM
Beds 2 Beds
Baths 2 Baths
Size 126 SqM Size
Floor 16 Floor
Available Units at Baan Rajprasong
฿6,180,000
฿71,034/SqM
Beds 2 Beds
Baths 2 Baths
Size 87 SqM Size
Floor 27 Floor
Leasehold Fully Furnished Park View
Available Units at Baan Rajprasong
฿19,000,000
฿113,095/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 168 SqM Size
Floor 24 Floor
City View
Available Units at Baan Rajprasong
฿10,500,000฿11,000,000
฿120,690/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 87 SqM Size
Floor 20 Floor
Thai Quota Fully Furnished City View
Available Units at Baan Rajprasong
฿8,700,000
฿100,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 87 SqM Size
Floor 20 Floor
Foreign Quota Fully Furnished Park View
Available Units at Baan Rajprasong
฿14,000,000
฿111,111/SqM
Beds 2 Beds
Baths 3 Baths
Size 126 SqM Size
Floor 29 Floor
Thai Quota Fully Furnished City View
Available Units at Baan Rajprasong
฿6,350,000
฿82,468/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 77 SqM Size
Floor 20 Floor
Fully Furnished City View
Available Units at Baan Rajprasong
฿12,400,000
฿155,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 80 SqM Size
Floor 27 Floor
Fully Furnished Golf Course View
Available Units at Baan Rajprasong
฿15,000,000
฿120,968/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 124 SqM Size
Floor 24 Floor
Fully Furnished
Available Units at Baan Rajprasong
฿7,300,000
฿94,805/SqM
Beds 1 Beds
Baths 1 Baths
Size 77 SqM Size
Floor 17 Floor
Leasehold Fully Furnished
Available Units at Baan Rajprasong
฿19,800,000
฿117,857/SqM
Good Price
Beds 3 Beds
Baths 3 Baths
Size 168 SqM Size
Floor Ground Floor Floor
Fully Furnished
Available Units at Baan Rajprasong
฿15,500,000
฿129,167/SqM
Beds 2 Beds
Baths 2 Baths
Size 120 SqM Size
Floor 21 Floor
Leasehold Fully Furnished City View
Available Units at Baan Rajprasong
฿13,900,000
฿159,770/SqM
Beds 2 Beds
Baths 2 Baths
Size 87 SqM Size
Floor 27 Floor
Leasehold Fully Furnished City View
Available Units at Baan Rajprasong
฿14,500,000
฿122,881/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 118 SqM Size
Floor 18 Floor
Leasehold Unfurnished
Available Units at Baan Rajprasong
฿50,000,000
฿125,000/SqM
Beds 4 Beds
Baths 4 Baths
Size 400 SqM Size
Floor 33 Floor
Thai Quota Unfurnished City View
Available Units at Baan Rajprasong
฿7,000,000฿7,500,000
฿80,460/SqM
Beds 2 Beds
Baths 2 Baths
Size 87 SqM Size
Floor 24 Floor
Thai Quota Fully Furnished Park View
Updated 2 months ago
Available Units at Baan Rajprasong
฿10,000,000฿11,330,000
฿114,943/SqM
Great Price
Beds 1 Beds
Baths 2 Baths
Size 87 SqM Size
Floor 19 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Baan Rajprasong
View All (17)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Baan Rajprasong 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 ฿3,915 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.
Ratchadamri BTS is the nearest BTS Station from Baan Rajprasong 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 Baan Rajprasong 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

Do you own a property at Baan Rajprasong?

Find out how much your property is worth and start your listing for free.

Reviews

4.3 out of 5
Based on
9 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Everything perfect
Kieth Hammer, Austria, 5 years ago
I have been renting this condo for almost 2 years, and the contract was about to expire soon. But, I expect to extend the contract because of all the amazing here, especially the staff who give excellent service and very helpful as always. The lobby is very spacious, well decorated, modern, and doesn't look old at all. The swimming pool is also exquisite; many trees are decorated around the area, making me feel like staying at a resort, so relaxing. The room is spacious, filled with oriental-style furniture; the bed is soft. You can enjoy the superb city view. The condo location is good, near Ratchadamri BTS, convenient to travel, Highly recommended this condo.
Perfect resort condominium in Rajprasong area
Art Wittaya, Thailand, 5 years ago
Baan Rajprasong is a condominium that my family bought 8 years ago for investment. As it has been rented since then, I never had a chance to visit. Recently, the latest tenant moved out as he relocated back to his country, so I went to check the room and ended up asking my father to stay here. The condo has excellent privacy. Eight years ago, buying a condominium was new because I get used to living in a detached house, which is more spacious. But after moving in, I don’t feel any different because the room is so vast and functional, never feel uncomfortable living here. Also, there is no high-rise building nearby, which probably blocks the view. The decoration is resort-like, which I like. So, it is relaxing and peaceful. The Baan Rajprasong is not a new project but well maintained. For example, you can try modern exercise equipment in the gym. The pool is not basically for exercise, but it’s huge and in good condition. For transportation, I would say it’s in a perfect location for me. I always use the Ploenchit road as the main road. For parking space, there are enough lots so I can always find one for my car. I found tiny trouble when coming back late at night; still, I could park parallel or drive around. Or I sometimes use MRT or BTS, which is super convenient.
A great serviced condominuim
Carleen Montrose, France, 5 years ago
I got this condo since the project was newly completed, but I only stay in this condo only from time to time. I bought this condo without any hesitation since I'm impressed with the decoration and design. I like an urban resort's style a lot, and the project brings out those vibes. When I'm depressed from work, I will stay here and relax. I like to chill out in the cafe or use a Jacuzzi. The staff here are really friendly and attentive as I always receive a warm welcome every time I stay. The price is acceptable. I have no regret buying it.
Modern Condo
Michael Simon, United Kingdom, 5 years ago
I have a tourism business in Thailand and the first office located in Phuket. There were many problems when I first started the business, and I almost closed it. Without the support from my family, I will not have this day. My company has good profits and is very satisfying. I decided to expand the branch to open in Bangkok. From my experience, opening this new branch is easier. There is a good response. Importantly, the income is still higher than it was in the Phuket branch. So, I often fly to Bangkok so that I can take care of my business easier. Recently, I have been staying in several hotels, but I decided to buy a condo to live in. Baan Rajprasong condominium is one of my choices. The condo is located not far from the BTS and MRT stations, which are well suited to travel needs. The rooms are decorated in a contemporary style that blends modern style to nature perfectly. The common area has a large swimming pool, and the area around the pool has trees to make it pleasant as well. The gym is fully equipped. The condo area also has many shopping malls and convenience stores nearby, such as Central World Villa Market and Central Food Hall. I intend to buy this condo during my stay in Bangkok.
Fully facilities and near the department stores
Bettyann Beutler, Spain, 6 years ago
I'm a Spanish guy who likes Thailand very much. Several visits to Thailand. I will always bring my family to travel, so I bought two bedrooms condominium at Baan Rajprasong. The condo that I was impressed with, it is the project has completed room facilities. My family loves the room very much. The condo is also near Villa Market, just a 4-minute walk or a 4-minute drive to Central World. I went shopping often as well, very convenient. The project will have a security system strictly, and there is a fitness center, swimming pool, garden, playground, and BBQ area. I like one more thing: a large swimming pool where the project arranges a beautiful garden around the pool is very impressive. Inside the room, the space is not narrow, so it does not feel uncomfortable, Baan Rajprasong Condo is very suitable for me.
Superb Main City Accommodation
Setsuko Hitchcock, Australia, 6 years ago
I live in Phuket. But I have to attend meetings in Bangkok often 2-3 times a month, and my child is studying at Chulalongkorn University. So my husband and I decided to buy a condo here because I think that Baan Rajprasong condo is easy to travel, convenient, and near the mall. The room I purchased is a one-bedroom on the 10th floor, getting a cool breeze. The place is clearly divided. The common area has a large swimming pool that can accommodate many residents. My child is going to study at Sam Yan, and it was easy. The condo not very far from Lumpini Park. We can go jogging in the evening. I think life in Bangkok is not difficult at all. The condo was close to Ratchadamri BTS and far from Paragon, about 1 kilometer. If anyone works or studies in the city center. This condo is another right choice.
A five star condominium
Valentina Sandavol, United States, 6 years ago
Honestly, I saw the condo here first opened at a very high price. But when I started reading through, this luxury price is worth it. This project has a unique design and a stunning view of Bangkok that we can see from the condo window. Here is an excellent location. You can take the Ratchadamri BTS station only 230 meters, within a few hundred meters. Moreover, you can go shopping at Villa Market. However, the project offers a full level of the spa, gym, swimming pool, jacuzzi, laundry service, and free WiFi in public areas. The area inside the room is spacious, decorated in an elegant style with white color. I even understand this place is very worth for investment. From my experience, most of the residents are both foreigners and Thai. Therefore, it is suitable to invest and make money. The location is in the center of the city, convenient to go everywhere. On the first floor, the condo has a coffee shop where I can work, and even in the middle of a city like this did not suffer from car noise.
Business Condo for Rent
Judie Hartigan, United States, 6 years ago
My wife and I have been trying to find many condos in the Ratchaprasong area because we want to buy and rent it out. We decided to visit this condo because it was interesting, and we were impressed by the first we entered. It is a studio with a fully-furnished. The room is tidy and fit. There are full facilities provides for the residents, such as elevators, parking, mechanical security system, CCTV cameras, swimming pool, gardens, and children's playground. Now, we have bought one room for this condo for renting out. After a while, there was someone who came to rent our condo for the long term, a 1-year contract with three years lease. Our customers commended everything that all were nice. However, there will be some problems that needed to improve; it is about Wifi. It was very slow, and someday it didn't work for the whole day. The project has installed various furniture. All furniture did not have any problems because they seem stable and likely to last a long time. Since we've bought and rented it out, tenants have never been notified that the item is broken or damaged in the slightest. This is such a word to guarantee the quality of the furniture that the project was recruiting for residents who want to choose a condo. That is durable and aged high flexibility because the furniture that the project has installed is quality and standard. We recommend that this condo is the right choice for anyone looking to purchase for investment or buy to live. Because of its location next to commercial areas, schools, hospitals, and Ratchadamri BTS Station also, in the coming years, condo prices will continue to increase as the Ratchaprasong area progresses. Currently, my wife and I have bought one more room and maybe will buy more in the future.
Great Investment Condo
Bertram Suits, Germany, 7 years ago
Located in a prime location, a luxurious condo in the heart of the city connecting to the business area. The condo is sold as Leasehold and gives a high guaranteed rental yield. My girlfriend and I decided to buy it immediately. The interior is well modern, designed, and spacious. We can experience every unit with the stunning view of Lumpini Garden and The Royal Bangkok Sports Club. As for two buildings as a semi-circle, which we can commune with the scenic view nicely. In terms of the room types, there are four room types: 1 Bedroom, 2 Bedrooms, 3 Bedrooms, and 4 Bedrooms. Anyway, we chose 1 Bedroom type and rented it out immediately. What we consider to be a problem is that the Wifi is too slow, especially on the weekend (Saturday and Sunday) because many people use it. Overall, we think that it is precious since we bought it in 2017 as it gives us a lot of earnings.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Rajprasong

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
Baan Somthavil
Location
Lumphini, Pathum Wan, Bangkok
Number of units
113
Sales Prices
฿3.2M
▼ -49% underpriced
Monthly Rentals
฿21K - ฿100K
Year Built
Dec 1996
Completion Status
Completed
Project Name
Langsuan Ville
Location
Lumphini, Pathum Wan, Bangkok
Number of units
262
Sales Prices
฿18.2M - ฿40M
▼ -8.5% underpriced
Monthly Rentals
฿35K - ฿120K
Year Built
Dec 2001
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
53
Sales Prices
฿130M - ฿450M
Monthly Rentals
฿320K - ฿1M
Year Built
Jan 2010
Completion Status
Completed
Project Name
Hansar Rajdamri
Location
Lumphini, Pathum Wan, Bangkok
Number of units
196
Sales Prices
฿6.86M - ฿22M
▼ -15% underpriced
Monthly Rentals
฿50K - ฿250K
Year Built
Dec 2008
Completion Status
Completed
Project Name
Baan Sindhorn
Location
Lumphini, Pathum Wan, Bangkok
Number of units
32
Sales Prices
฿31M - ฿38.5M
Monthly Rentals
฿150K - ฿280K
Year Built
Jan 2021
Completion Status
Completed
Project Name
Q Langsuan
Location
Lumphini, Pathum Wan, Bangkok
Number of units
177
Sales Prices
฿18.9M - ฿68M
▲ 0.9% overpriced
Monthly Rentals
฿60K - ฿150K
Year Built
Dec 2008
Completion Status
Completed
Project Name
The Rajdamri
Location
Pathum Wan, Pathum Wan, Bangkok
Number of units
278
Sales Prices
฿3.3M - ฿14.2M
▼ -10.3% underpriced
Monthly Rentals
฿20K - ฿200K
Year Built
Dec 2009
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
380
Sales Prices
฿4.5M - ฿5.5M
▲ 8.3% overpriced
Monthly Rentals
฿19K - ฿120K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Grand Langsuan
Location
Lumphini, Pathum Wan, Bangkok
Number of units
104
Sales Prices
฿22.8M - ฿33.5M
▼ -2% underpriced
Monthly Rentals
฿60K - ฿100K
Year Built
Dec 1998
Completion Status
Completed
Project Name
Urbana Langsuan
Location
Lumphini, Pathum Wan, Bangkok
Number of units
247
Sales Prices
฿4.5M - ฿11M
▼ -13.5% underpriced
Monthly Rentals
฿30K - ฿185K
Year Built
Dec 2003
Completion Status
Completed
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