Unit ID: U621984
5% Rental Yield
Wang Mai, Pathum Wan,Bangkok
฿15,200,000
1 Bedroom
1
Bathroom
74 SqM
Size
17
Floor
Jul 2018
Completed

About This Condo

This property is a 74 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Sindhorn Residence project in Wang Mai, Bangkok and was completed in Jul 2018. You can buy this condo for a base price of ฿15,200,000 (฿205,405/SqM).

Features

BalconyBalcony Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Jun 22, 2020
Updated 3 years ago
Property Type Condo
Floor 17
Bedroom 1
Size 74 SqM
Price per SqM ฿205,405
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
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) Lake View, Garden 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U621984

Price Analysis

Fair Price
Estimated market value ฿15,004,589
Great
฿13,400,000
Good
Fair
Above
฿20,100,000
Current asking Price: ฿15,200,000 | Rental estimate: ฿61,900/mo
This condo is ฿195,411 ABOVE MARKET (1%) 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
฿15,200,000
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.
20
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 Sindhorn Residence , and the current sales price.
5%

Project Details

Project Name: Sindhorn Residence
Developer: Siam Sindhorn
Construction: Completed (Jul 2018)
Floors: 35
Buildings: 2
Units: 200
Project Area: 6,800 SqM
Nearest Landmark Chit Lom BTS - 0.8 Km
Location: Wang Mai, Bangkok
Sindhorn Residence 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
Spa Spa
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Kids Pool Kids Pool
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Sindhorn Residence

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    10th Floor
  • Communal Gym
    9th Floor
  • Lounge
    10th Floor

Available Units at Sindhorn Residence

For Sale 3 For Rent 15
Get notified when new homes are being added to Sindhorn Residence
View All (3)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Sindhorn Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chit Lom BTS is the nearest BTS Station from Sindhorn Residence and it is 0.8 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 Sindhorn Residence 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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Reviews

4.6 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
What a classy project!
Tiara Matinez, Denmark, 4 years ago
I just had a chance to view a mock-up room of the project. It becomes my dream house, its design is like bringing a luxurious mansion into the room. The room I visited is a spacious one-bedroom unit, well divided. The furniture provided is luxurious. I love the bedroom the most because it's decorated with wooden furniture, marble, and a small chandelier, making it look more classy. The facilities are complete, but not very new. The project is located in the heart of the city, the Lang Suan area. It's easy to get around if you have a private car as this place is not very close to the train station.
Perfect condo at a reasonable price
Martin Simon, Belgium, 4 years ago
The condo is in the city center on the main road, such as Lang Suan Road, which is easy to get around. However, it’s pretty far from the SkyTrain station, so you should own a car. The room I stayed in was a very spacious one-bedroom unit with a rooftop swimming pool. It overlooks the city. The atmosphere is perfect, and the price is quite reasonable.
Bangkok
Wang Mai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sindhorn Residence

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Location
Wang Mai, Pathum Wan, Bangkok
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516
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฿5.25M - ฿11M
Monthly Rentals
฿30K - ฿70K
Year Built
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Completion Status
Completed
Location
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Number of units
418
Sales Prices
฿6.79M - ฿33.5M
Monthly Rentals
N/A
Year Built
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Completion Status
Off Plan
Location
Maha Phruettharam, Pathum Wan, Bangkok
Number of units
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฿6.59M - ฿23M
Monthly Rentals
฿25K - ฿38K
Year Built
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Completion Status
Completed
Project Name
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Location
Wang Mai, Pathum Wan, Bangkok
Number of units
510
Sales Prices
฿4M
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Monthly Rentals
฿23K - ฿30K
Year Built
Jan 2013
Completion Status
Completed
Location
Maha Phruettharam, Pathum Wan, Bangkok
Number of units
1598
Sales Prices
฿5.3M - ฿12.9M
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Monthly Rentals
฿15.5K - ฿45K
Year Built
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Completion Status
Completed
Project Name
The Room Rama 4
Location
Rong Mueang, Pathum Wan, Bangkok
Number of units
286
Sales Prices
฿7.4M - ฿16.2M
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Monthly Rentals
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Completion Status
Completed
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Number of units
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Monthly Rentals
฿18K - ฿25K
Year Built
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Completion Status
Completed
Project Name
Wish @ Samyan
Location
Maha Phruettharam, Pathum Wan, Bangkok
Number of units
465
Sales Prices
฿4.4M - ฿11M
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Monthly Rentals
฿18K - ฿35K
Year Built
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Completion Status
Completed
Location
Pathum Wan, Pathum Wan, Bangkok
Number of units
220
Sales Prices
฿4.75M - ฿9.28M
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Monthly Rentals
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Project Name
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Location
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Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
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