Unit ID: U1017700
5% Rental Yield
Khlong Kum, Bueng Kum,Bangkok
฿1,300,000 Great Price
1 Bedroom
1
Bathroom
22 SqM
Size
4
Floor
Dec 2012
Completed

About This Condo

This property is a 22 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Lumpini Condotown Nida-Sereethai 2 project in Khlong Kum, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of ฿1,300,000 (฿59,091/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Aug 20, 2021
Updated 2 years ago
Property Type Condo
Floor 4
Bedroom 1
Size 22 SqM
Price per SqM ฿59,091
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%.

Thai Quota
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City 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.
฿616/mo
Listed By
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1017700

Price Analysis

Great Price
Estimated market value ฿1,525,475
Great
฿1,240,000
Good
Fair
Above
฿1,600,000
Current asking Price: ฿1,300,000 | Rental estimate: ฿5,850/mo
This condo is ฿225,475 BELOW MARKET (-15%) 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
฿1,300,000
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.
฿616/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.
19
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 1 bedroom condos at Lumpini Condotown Nida-Sereethai 2, and the current sales price.
5%

Project Details

Developer: LPN Development
Construction: Completed (Dec 2012)
Floors: 8
Buildings: 6
Units: 691
Project Area: 10,400 SqM
Nearest Landmark Hua Mak ARL - 4.3 Km
Location: Khlong Kum, Bangkok
Lumpini Condotown Nida-Sereethai 2 Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Lumpini Condotown Nida-Sereethai 2

  • Communal Garden Area
    Ground Floor
  • Basketball Court
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Lumpini Condotown Nida-Sereethai 2

For Sale 4 For Rent 1
Get notified when new homes are being added to Lumpini Condotown Nida-Sereethai 2
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Loan Calculator

Frequently Asked Questions

No pets are allowed at Lumpini Condotown Nida-Sereethai 2 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 ฿28 per square meter based on the size of indoor area of the property and is ฿616 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.
Hua Mak ARL is the nearest Airport Rail Link Station from Lumpini Condotown Nida-Sereethai 2 and it is 4.3 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 Lumpini Condotown Nida-Sereethai 2 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

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Bangkok
Khlong Kum

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Condotown Nida-Sereethai 2

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
Khlong Kum, Bueng Kum, Bangkok
Number of units
691
Sales Prices
฿1.1M - ฿2M
Monthly Rentals
฿6K
Year Built
Jan 2012
Completion Status
Completed
Project Name
Nuan Chan House
Location
Khlong Kum, Bueng Kum, Bangkok
Number of units
68
Sales Prices
฿15.9M
Monthly Rentals
N/A
Year Built
Apr 1984
Completion Status
Completed
Project Name
Incio Serithai
Location
Khlong Kum, Bueng Kum, Bangkok
Number of units
508
Sales Prices
฿2.1M - ฿2.95M
▼ -4.5% underpriced
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Location
Khlong Kum, Bueng Kum, Bangkok
Number of units
703
Sales Prices
฿1.19M - ฿1.45M
▼ -17% underpriced
Monthly Rentals
฿6.5K
Year Built
Nov 2018
Completion Status
Completed
Location
Khlong Kum, Bueng Kum, Bangkok
Number of units
77
Sales Prices
฿28.9M - ฿45M
Monthly Rentals
฿180K
Year Built
Mar 2020
Completion Status
Completed
Location
Hua Mak, Bueng Kum, Bangkok
Number of units
111
Sales Prices
฿6M
Monthly Rentals
฿24K
Year Built
Jan 2017
Completion Status
Completed
Location
Hua Mak, Bueng Kum, Bangkok
Number of units
324
Sales Prices
฿590K
Monthly Rentals
฿3.9K
Year Built
Jan 1993
Completion Status
Completed
Location
Hua Mak, Bueng Kum, Bangkok
Number of units
N/A
Sales Prices
฿14M - ฿38M
▼ -45% underpriced
Monthly Rentals
฿380K
Year Built
Mar 2013
Completion Status
Completed
Location
Khlong Kum, Bueng Kum, Bangkok
Number of units
77
Sales Prices
฿10.5M - ฿32M
Monthly Rentals
฿13.5K
Year Built
Dec 2000
Completion Status
Completed
Location
Saphan Sung, Bueng Kum, Bangkok
Number of units
100
Sales Prices
฿49M
Monthly Rentals
฿150K
Year Built
Jun 2002
Completion Status
Completed
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