Unit ID: U1114614
6% Rental Yield
Makkasan, Ratchathewi,Bangkok
฿6,000,000
1 Bedroom
1
Bathroom
45 SqM
Size
7
Floor
Dec 2012
Completed

About This Condo

This property is a 45 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Address Asoke project in Makkasan, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of ฿6,000,000 (฿133,333/SqM) and it is also available for long term rentals starting from ฿30,000 per month.

Condo for rent in Bangkok – 150m from MRT Petchaburi/ Makkasan airport rail link. It has an easy access to shopping department stores, international schools, hospitals and restaurants.  This unit has 1 bedroom, 1 bathroom, living area, kitchen, balcony, useable area 45 sq.m. The unit is fully furnished and fully equipped. The building facilities comprise of swimming pool, fitness, sauna, Wi-Fi, car parking and 24-hours security.

Features

Private GymPrivate Gym Private SaunaPrivate Sauna Pool AccessPool Access Covered ParkingCovered Parking Wifi IncludedWifi Included Washing MachineWashing Machine

Basic Information

Date Listed Jul 22, 2022
Updated 1 year ago
Property Type Condo
Floor 7
Bedroom 1
Size 45 SqM
Price per SqM ฿133,333
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%.

N/A
Furniture
N/A
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.
฿1,800/mo
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1114614

Investment Opportunity: Charges & Yield

Sale Price
฿6,000,000
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.
฿1,800/mo
Rent
฿30,000/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.
17
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.
6%

Project Details

Project Name: The Address Asoke
Developer: AP (Thailand)
Construction: Completed (Dec 2012)
Floors: 44
Buildings: 1
Units: 574
Project Area: 6,308 SqM
Nearest Landmark Phetchaburi MRT - 0.4 Km
Location: Makkasan, Bangkok
The Address Asoke Project Details

Project Features

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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Library / Reading Room Library / Reading Room
Lounge Lounge
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 The Address Asoke

  • Communal Pool
    9th Floor
  • Communal Pool
    44th Floor
  • Communal Gym
    9th Floor
  • Lounge
    44th Floor

Available Units at The Address Asoke

For Sale 17 For Rent 48
Available Units at The Address Asoke
฿8,880,000
฿136,615/SqM
Beds 2 Beds
Baths 2 Baths
Size 65 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished City View
Available Units at The Address Asoke
฿8,900,000
฿136,923/SqM
Beds 2 Beds
Baths 2 Baths
Size 65 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
Available Units at The Address Asoke
฿10,500,000
฿161,043/SqM
Beds 1 Beds
Baths 1 Baths
Size 65.20 SqM Size
Floor 39 Floor
Thai Quota Fully Furnished City View
Available Units at The Address Asoke
฿7,500,000
฿165,856/SqM
Beds 1 Beds
Baths 1 Baths
Size 45.22 SqM Size
Floor 21 Floor
Thai Quota Fully Furnished City View
Available Units at The Address Asoke
฿12,000,000
฿184,615/SqM
Beds 2 Beds
Baths 2 Baths
Size 65 SqM Size
Floor 24 Floor
Foreign Quota Fully Furnished City View
Available Units at The Address Asoke
฿9,785,000
฿143,897/SqM
Beds 2 Beds
Baths 2 Baths
Size 68 SqM Size
Floor 18 Floor
Fully Furnished City View
Available Units at The Address Asoke
฿7,725,000
฿171,667/SqM
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 11 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Address Asoke
฿6,000,000
฿133,333/SqM
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 7 Floor
City View
Available Units at The Address Asoke
฿9,900,000
฿150,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 66 SqM Size
Floor 7 Floor
City View
Available Units at The Address Asoke
฿6,800,000
฿151,212/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 44.97 SqM Size
Floor 17 Floor
Thai Quota Fully Furnished City View
Available Units at The Address Asoke
฿10,820,000
฿162,854/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 66.44 SqM Size
Floor 28 Floor
Partly Furnished City View
Available Units at The Address Asoke
฿15,000,000
฿198,675/SqM
Beds 2 Beds
Baths 2 Baths
Size 75.50 SqM Size
Floor 37 Floor
City View
Available Units at The Address Asoke
฿7,500,000
฿166,667/SqM
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 42 Floor
Fully Furnished City View
Available Units at The Address Asoke
฿7,500,000
฿163,043/SqM
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 27 Floor
Thai Quota Fully Furnished City View
Updated 3 weeks ago
Available Units at The Address Asoke
฿7,760,000
฿168,696/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 36 Floor
Fully Furnished City View
Available Units at The Address Asoke
฿7,500,000
฿166,667/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 25 Floor
Foreign Quota Fully Furnished City View
Available Units at The Address Asoke
฿10,920,000
฿165,455/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 66 SqM Size
Floor 28 Floor
Fully Furnished
Get notified when new homes are being added to The Address Asoke
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Frequently Asked Questions

No pets are allowed at The Address Asoke 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 ฿40 per square meter based on the size of indoor area of the property and is ฿1,800 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.
Phetchaburi MRT is the nearest MRT Station from The Address Asoke and it is 0.4 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 The Address Asoke 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 out of 5
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great location next to MRT
Verified Former Resident, 3 years ago
Great location next to MRT and well maintained - used to live here for a year and was very happy with the facilities and service
Facilities are being maintained nicely and good service
Verified Current Resident, 3 years ago
So far, so good. We are enjoying our stay here. The landscaping, swimming pool and parking lot always seem to be maintained nicely and our service request was responded to in an efficient and friendly manner.
Good location, but busy location to live in.
Jamie Preston, 4 years ago
The traffic near the property can get very bad around rush hour due to the Asoke - Ratchada traffic. That being said the building is fairly nice and well maintained. The facailties are good and the rooms are good quality.
Great location
Michael Murphy, Australia, 7 years ago
I worked so hard and have some savings, so I decided to take a break in Thailand for 6 months. During my trip. I traveled to many attractions in several provinces of Thailand. One of them is Bangkok, and I had a chance to stay in this condo. The room is luxuriously decorated with high-quality furniture. That wasn't the only reason to stay here. The upside of the condo is its location near Petchaburi MRT within 6 minutes. You don't need to worry about food as there are many restaurants nearby. And the malls like Prasanmit Plaza Fortune Town Mall are just 1 kilometer away. The on-site facilities include a sauna, separated onsen for men and women, Sky gym with a panoramic view, a swimming pool, a garden, and a theater. Nice and Great! About the downside, there are 5 elevators here, seems enough, but it's not, especially in the rush hour. After work, many residents are waiting to use it. Overall, it's a great place to stay.
Bangkok
Makkasan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Address Asoke

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
Q Asoke
Location
Makkasan, Ratchathewi, Bangkok
Number of units
482
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฿6M - ฿19M
▼ -6.7% underpriced
Monthly Rentals
฿15K - ฿85K
Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
฿5.5M - ฿21.5M
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฿40K - ฿95K
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Completion Status
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Makkasan, Ratchathewi, Bangkok
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฿5.5M - ฿16.6M
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฿20K - ฿50K
Year Built
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Khlong Toei Nuea, Ratchathewi, Bangkok
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Khlong Toei Nuea, Ratchathewi, Bangkok
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฿4.7M - ฿40M
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Khlong Toei Nuea, Ratchathewi, Bangkok
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฿28M - ฿40M
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Monthly Rentals
฿75K - ฿125K
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Location
Khlong Toei Nuea, Ratchathewi, Bangkok
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Year Built
Feb 2020
Completion Status
Completed
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