Unit ID: U671470
4% Rental Yield
Tenant-Occupied until Jan 1, 2025
Bang Wa, Phasi Charoen,Bangkok
฿2,700,000 ฿2,729,500 Great Price
1 Bedroom
1
Bathroom
30 SqM
Size
12
Floor
Jul 2020
Completed

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 The Parkland Phetkasem 56 project in Bang Wa, Bangkok and was completed in Jul 2020. You can buy this condo for a base price of ฿2,700,000 (฿90,000/SqM) and it is also available for long term rentals starting from ฿10,000 per month.

Features

BalconyBalcony

Basic Information

Date Listed Mar 15, 2021
Updated 1 month ago
Property Type Condo
Floor 12
Bedroom 1
Size 30 SqM
Price per SqM ฿90,000
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
Unfurnished
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.
฿1,350/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U671470

Price Analysis

Great Price
Estimated market value ฿3,655,567
Great
฿3,170,000
Good
Fair
Above
฿3,910,000
Current asking Price: ฿2,700,000 | Advertised rental rate: ฿10,000/mo
This condo is ฿955,567 BELOW MARKET (-26%) 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
฿2,700,000
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.
฿1,350/mo
Rent
฿10,000/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.
23
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.
4%

Project Details

Developer: Narai Property
Construction: Completed (Jul 2020)
Floors: 32
Buildings: 3
Units: 2047
Project Area: 22,049 SqM
Nearest Landmark Phetkasem 48 MRT - 0.1 Km
Location: Bang Wa, Bangkok
The Parkland Phetkasem 56 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Basketball Court Basketball Court
Yoga Area Yoga Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Mini Theater Mini Theater
Outdoor Kids Zone Outdoor Kids Zone
Library / Reading Room Library / Reading Room
Golf Simulator Golf Simulator
Outdoor Putting Green Outdoor Putting Green
Pool / Snooker Table Pool / Snooker Table
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Parkland Phetkasem 56

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    6th Floor
  • Communal Gym
    6th Floor
  • Communal Pool
    5th Floor
  • Sauna
    5th Floor
  • Golf Simulator
    5th Floor
  • Lounge
    Rooftop
  • Communal Gym
    3rd Floor
  • Library / Reading Room
    3rd Floor
  • Communal Garden Area
    Ground Floor
  • Co-Working Space / Meeting Room
    Ground Floor
  • Basketball Court
    Ground Floor
  • Indoor Games Room
    3rd Floor

Available Units at The Parkland Phetkasem 56

For Sale 4 For Rent 30
Get notified when new homes are being added to The Parkland Phetkasem 56
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Frequently Asked Questions

No pets are allowed at The Parkland Phetkasem 56 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 ฿45 per square meter based on the size of indoor area of the property and is ฿1,350 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 The Parkland Phetkasem 56 the required payment for the sinking fund is ฿450 per square meter based on the size of the indoor area of the property.
Phetkasem 48 MRT is the nearest MRT Station from The Parkland Phetkasem 56 and it is 0.1 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 Parkland Phetkasem 56 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
1st Installment
On handover
100%

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 The Parkland Phetkasem 56?

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Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great project and the excellent service
Chris Collier, Australia, 5 years ago
I pity moving out here. I have lived in the condo for two years, and it feels cozy like home to me. I have excellent memories of this project, whether it's because of the best service, the good management team, or the reasonable price. Furthermore, the location is in the heart of complete conveniences. Plus, the Lak Song MRT station is only a few steps away. I can ensure that it is easy to travel anywhere and do not need a personal car at all.
Bangkok
Bang Wa

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Parkland Phetkasem 56

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
Bang Wa, Phasi Charoen, Bangkok
Number of units
353
Sales Prices
฿3.59M - ฿4.94M
Monthly Rentals
N/A
Year Built
Apr 2026
Completion Status
Off Plan
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
1802
Sales Prices
฿2.2M - ฿2.91M
▲ 0.8% overpriced
Monthly Rentals
฿9.03K - ฿22.1K
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
2167
Sales Prices
฿1.91M - ฿4.51M
▼ -40% underpriced
Monthly Rentals
฿10K - ฿32.1K
Year Built
Mar 2023
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
185
Sales Prices
฿1.39M - ฿2.28M
Monthly Rentals
N/A
Year Built
Jan 2015
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
1278
Sales Prices
฿1.81M - ฿2.21M
Monthly Rentals
฿8.02K - ฿11K
Year Built
Jan 2018
Completion Status
Completed
Project Name
Pattarasorn Place
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
158
Sales Prices
฿682K
Monthly Rentals
N/A
Year Built
Jan 1997
Completion Status
Completed
Location
Bang Duan, Phasi Charoen, Bangkok
Number of units
252
Sales Prices
฿3.31M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
80
Sales Prices
฿12.9M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
418
Sales Prices
฿1.71M - ฿2.38M
Monthly Rentals
฿6.52K
Year Built
Jan 2013
Completion Status
Completed
Location
Bang Khun Thian, Phasi Charoen, Bangkok
Number of units
205
Sales Prices
฿4.51M
Monthly Rentals
N/A
Year Built
Feb 2014
Completion Status
Completed
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