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    1 Bedroom Condo for sale at Rich Park at Triple Station
    Suan Luang, Suan Luang,Bangkok
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    Sale Price
    ฿3,450,000
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    1 Bedroom Condo for sale at Rich Park at Triple Station
    (1 Review)
    Unit ID: U658876
    6% GUAR. RETURN FOR 2 YEARS
    Tenant-Occupied until Jul 1, 2024
    Suan Luang, Suan Luang,Bangkok
    ฿3,450,000
    1 Bedroom
    1
    Bathroom
    30 SqM
    Size
    35
    Floor
    May 2018
    Completed
    9
    Sale Price
    ฿3,450,000

    About This Condo

    This property is a 30 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 ฿3,450,000 (฿115,000/SqM) and it is also available for long term rentals starting from ฿12,000 per month.

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Feb 1, 2021
    Updated 9 months ago
    Property Type Condo
    Floor 35
    Bedroom 1
    Size 30 SqM
    Price per SqM ฿115,000
    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
    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
    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.
    ฿1,050/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U658876

    Price Analysis

    Above Average
    Estimated market value ฿2,992,716
    Great
    ฿1,700,000
    Good
    Fair
    Above
    ฿3,000,000
    Current asking Price: ฿3,450,000 | Advertised rental rate: ฿12,000/mo
    This condo is ฿457,284 ABOVE 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.
    Powered by FazWaz AVM

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿3,450,000
    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.
    ฿1,050/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

    Project Name: Rich Park at Triple Station
    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

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      9th Floor
    • Communal Gym
      9th Floor
    • Communal Garden Area
      9th Floor

    Available Units at Rich Park at Triple Station

    For Sale 6 For Rent 55
    • All
    • 1 Bed
    Get notified when new homes are being added to Rich Park at Triple Station
    View All (6)

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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 ฿1,050 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
    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 Rich Park at Triple Station?

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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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