Unit ID: U1179714
6% GUAR. RETURN FOR 2 YEARS
Suan Luang, Suan Luang,Bangkok
Sold
1 Bedroom
1
Bathroom
29 SqM
Size
10
Floor
May 2018
Completed

About This Condo

This property is a 29 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Rich Park at Triple Station project in Suan Luang, Bangkok and was completed in May 2018. You can buy this condo for a base price of ฿2,790,000 (฿96,207/SqM).

This property is a 29 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Rich Park at Triple Station project in Suan Luang, Bangkok and was completed in May 2018

Features

BalconyBalcony

Basic Information

Date Listed Nov 30, 2022
Updated 4 months ago
Property Type Condo
Floor 10
Bedroom 1
Size 29 SqM
Price per SqM ฿96,207
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 Rich Park At Triple Station
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.
฿1,015/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1179714

Investment Opportunity: Charges & Yield

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.
฿1,015/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.
17
Guaranteed Rental Return
6%
Guarantee Duration
2 Years

Project Details

Developer: Richy Place 2002
Construction: Completed (May 2018)
Floors: 37
Buildings: 1
Units: 1084
Project Area: 6,856 SqM
Nearest Landmark Hua Mak ARL - 0.2 Km
Location: Suan Luang, Bangkok
Rich Park at Triple Station 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
Walking / Running Track Walking / Running Track
Kids Pool Kids Pool
Communal Garden Area Communal Garden Area

Popular Facilities at Rich Park at Triple Station

  • Communal Pool
    9th Floor
  • Communal Gym
    9th Floor
  • Communal Garden Area
    9th Floor
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Frequently Asked Questions

No pets are allowed at Rich Park at Triple Station 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 ฿35 per square meter based on the size of indoor area of the property and is ฿1,015 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 Rich Park at Triple Station the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Rich Park at Triple Station offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 2 Years.
Read more here.
Hua Mak ARL is the nearest Airport Rail Link Station from Rich Park at Triple Station 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 Rich Park at Triple Station 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
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FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
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Price Rating : Fair Price

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Reviews

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A beautiful and worthwhile condo
Biento P., Denmark, 4 years ago
It is a beautiful condo in the heart of Suan Luang. I like it here because it is more than just a condo and has full-service amenities. The room is designed to be modern, spacious, and well-organized. Definitely worthwhile! Furthermore, the swimming area is well-designed, with a separate children's pool. The adult swimming pool is also standard, and it is fantastic! It is also close to Hua Mak ARL, making it easy to get around. Overall, it perfectly fits my needs.
Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

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