Unit ID: U152737
3% Rental Yield
Phra Khanong, Khlong Toei,Bangkok
฿11,990,000 ฿12,200,000 Great Price
1 Bedroom
1
Bathroom
44.14 SqM
Size
20
Floor
Mar 2020
Completed

About This Condo

This property is a 44.14 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Room Sukhumvit 38 project in Phra Khanong, Bangkok and was completed in Mar 2020. You can buy this condo for a base price of ฿11,990,000 (฿271,636/SqM).

An Oasis of Calm in Bangkok: The Room Sukhumvit 38

Positioned in one of Bangkok's most desirable neighborhoods, The Room Sukhumvit 38 is a tranquil residential complex that offers an escape from the hustle and bustle of the city. Recently completed in March 2020, this delightful condo is perfect for people looking for a sophisticated yet affordable property.Measuring 44.14 SqM, the condo boasts one bedroom and one bathroom, and comes with a wealth of amenities, including a tranquil community and sparkling pool. The fitted kitchen is modern, and comes equipped with a range of high-end appliances, whilst the community green areas provide plenty of opportunity to take in the sights of the vibrant city.This propitious condo is now available for sale, with an inviting base price of ฿11,990,000 (฿271,636/SqM). Perfect for single professionals, young couples, or those looking to downsize, this adaptable condo offers a sublime quality of life surrounded by all of the city's attractions. The Room Sukhumvit 38 is an ideal spot to take advantage of all the city has to offer. With easy access to transport links, world-class hospitals, upscale malls, acclaimed international schools, and a plethora of vibrant dining and entertainment venues, this is modern city living at its very best.For those looking for a stunningly comfortable retreat and the opportunity to own a modish piece of Phra Khanong's property landscape, this premier condo offers the perfect opportunity. Don't miss out on this unique opportunity - contact us today to learn more and arrange a viewing.

Features

BalconyBalcony BathtubBathtub

Basic Information

Date Listed Jan 21, 2019
Updated 3 years ago
Property Type Condo
Floor 20
Bedroom 1
Size 44.14 SqM
Price per SqM ฿271,636
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%.

Foreign Quota, Thai Quota
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City View
Unit Type 1BR
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.
฿3,311/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U152737

Price Analysis

Great Price
Estimated market value ฿14,210,116
Great
฿13,900,000
Good
Fair
Above
฿15,300,000
Current asking Price: ฿11,990,000 | Rental estimate: ฿32,700/mo
This condo is ฿2,220,116 BELOW MARKET (-16%) 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
฿11,990,000
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.
฿3,311/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.
31
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 The Room Sukhumvit 38, and the current sales price.
3%

Project Details

Project Name: The Room Sukhumvit 38
Developer: Land and Houses
Construction: Completed (Mar 2020)
Floors: 26
Buildings: 1
Units: 229
Project Area: 3,651 SqM
Nearest Landmark Ekkamai BTS - 0.6 Km
Location: Phra Khanong, Bangkok
The Room Sukhumvit 38 Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at The Room Sukhumvit 38

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
  • Communal Garden Area
    1st Floor
  • Lounge
    5th Floor
  • Co-Working Space / Meeting Room
    5th Floor

Available Units at The Room Sukhumvit 38

For Sale 75 For Rent 7
Updated 1 week ago
Available Units at The Room Sukhumvit 38
฿11,500,000฿11,845,000
฿216,981/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 53 SqM Size
Floor 14 Floor
Thai Quota Fully Furnished Skyline View
Available Units at The Room Sukhumvit 38
฿18,340,000฿18,661,000
฿265,797/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 69 SqM Size
Floor 23 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿10,090,000฿10,268,000
฿226,997/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 44.45 SqM Size
Floor 7 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿22,300,000
฿278,750/SqM
Beds 2 Beds
Baths 2 Baths
Size 80 SqM Size
Floor 25 Floor
Thai Quota Unfurnished City View
Available Units at The Room Sukhumvit 38
฿10,090,000฿10,468,000
฿225,424/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 44.76 SqM Size
Floor 7 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿15,400,000
฿248,387/SqM
Beds 1 Beds
Baths 1 Baths
Size 62 SqM Size
Floor 25 Floor
Thai Quota Unfurnished City View
Available Units at The Room Sukhumvit 38
฿19,200,000฿19,537,000
฿242,669/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 79.12 SqM Size
Floor 7 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿22,300,000
฿278,750/SqM
Beds 2 Beds
Baths 2 Baths
Size 80 SqM Size
Floor 25 Floor
Thai Quota Unfurnished City View
Available Units at The Room Sukhumvit 38
฿10,590,000฿10,776,000
฿240,136/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 44.10 SqM Size
Floor 12 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿19,200,000฿19,537,000
฿242,700/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 79.11 SqM Size
Floor 7 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿10,590,000฿10,776,000
฿242,279/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 43.71 SqM Size
Floor 12 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿19,400,000฿19,740,000
฿244,888/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 79.22 SqM Size
Floor 7 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿10,590,000฿11,285,000
฿235,281/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 45.01 SqM Size
Floor 12 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿19,400,000฿19,740,000
฿245,011/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 79.18 SqM Size
Floor 7 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿10,590,000฿10,776,000
฿241,836/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 43.79 SqM Size
Floor 12 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿19,500,000฿19,842,000
฿246,212/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 79.20 SqM Size
Floor 9 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿10,590,000฿10,776,000
฿239,918/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 44.14 SqM Size
Floor 12 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿19,500,000฿19,842,000
฿246,181/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 79.21 SqM Size
Floor 9 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿10,690,000฿10,877,000
฿236,714/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 45.16 SqM Size
Floor 13 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿19,700,000฿20,046,000
฿249,083/SqM
Beds 2 Beds
Baths 2 Baths
Size 79.09 SqM Size
Floor 9 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿10,690,000฿10,877,000
฿238,350/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 44.85 SqM Size
Floor 13 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿19,700,000฿20,046,000
฿249,178/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 79.06 SqM Size
Floor 9 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿10,690,000฿11,386,000
฿237,503/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 45.01 SqM Size
Floor 13 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿10,690,000฿10,877,000
฿236,504/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 45.20 SqM Size
Floor 13 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿20,100,000฿20,452,000
฿258,787/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 77.67 SqM Size
Floor 13 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿20,100,000฿20,452,000
฿258,687/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 77.70 SqM Size
Floor 13 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿11,290,000฿11,488,000
฿253,993/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 44.45 SqM Size
Floor 16 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿20,150,000฿20,503,000
฿254,773/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 79.09 SqM Size
Floor 12 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿11,290,000
฿255,777/SqM
Beds 1 Beds
Baths 1 Baths
Size 44.14 SqM Size
Floor 16 Floor
Foreign Quota City View
Available Units at The Room Sukhumvit 38
฿11,290,000฿11,590,000
฿252,234/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 44.76 SqM Size
Floor 16 Floor
Foreign Quota City View
Get notified when new homes are being added to The Room Sukhumvit 38
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Frequently Asked Questions

No pets are allowed at The Room Sukhumvit 38 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 ฿75 per square meter based on the size of indoor area of the property and is ฿3,311 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 Room Sukhumvit 38 the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Ekkamai BTS is the nearest BTS Station from The Room Sukhumvit 38 and it is 0.6 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 Room Sukhumvit 38 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

5 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I'm in love with this place
Summer 111, Canada, 2 years ago
The condo project here is stunning, modern, and luxurious. A unit is a one-bedroom unit that is both spacious and well-allocated. There is a kitchen corner, living area, a bedroom, and a large bathroom. The room's owner also decorated it in a lovely, minimal style, which I love. What I enjoy the most are the common areas, which include a swimming pool, a library, a lounge, and a garden. It is where I spend part of my free time. During the WFH period, this was a fantastic time because there is a large space with various activities to choose from. Most importantly, the location of this project is perfect because it is easily accessible from many routes. It's near Thonglor BTS and opposite to Thonglor Road, which is the most convenient area in Bangkok again. I really like it.
This project's lobby is very luxurious.
David E., United States, 3 years ago
This project's lobby is very luxurious. The saltwater pool and gym are on the 4th floor, and the lounge is on the 5th floor. The decorations are incredible. When we went to the sample one-bedroom type, it may seem a bit cramped for me. But my girlfriend likes the rooms as the space is well-organized and made the most from every inch. The room is fully fitted with furniture, built-in wardrobes, and digital door systems. So we decided to reserve a 1 bedroom. We choose this place because of its location close to both our offices as well. As for the transportation, it is considered very convenient, close to Thonglor BTS and Sukhumvit Road.
Bangkok
Phra Khanong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Room Sukhumvit 38

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
Phra Khanong, Khlong Toei, Bangkok
Number of units
24
Sales Prices
฿18.5M - ฿18.8M
▼ -2% underpriced
Monthly Rentals
฿60K - ฿90K
Year Built
Mar 2018
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
272
Sales Prices
฿5.8M - ฿17.2M
▼ -17% underpriced
Monthly Rentals
฿19K - ฿50K
Year Built
Jan 2020
Completion Status
Completed
Project Name
Silver Heritage
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
27
Sales Prices
฿22M - ฿51.5M
▲ 21% overpriced
Monthly Rentals
฿80K - ฿130K
Year Built
Jan 2007
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
128
Sales Prices
฿4.39M - ฿9.9M
▼ -48% underpriced
Monthly Rentals
฿18K - ฿28K
Year Built
Jan 2011
Completion Status
Completed
Project Name
38 Mansion
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
137
Sales Prices
฿5.2M - ฿13M
▼ -8% underpriced
Monthly Rentals
฿18K - ฿50K
Year Built
Jan 1992
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
259
Sales Prices
฿4.9M - ฿7.7M
▲ 7% overpriced
Monthly Rentals
฿12K - ฿35K
Year Built
May 2021
Completion Status
Completed
Project Name
Tree Condo Ekamai
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
119
Sales Prices
฿3M - ฿10M
▼ -30.5% underpriced
Monthly Rentals
฿14K - ฿32K
Year Built
Dec 2013
Completion Status
Completed
Project Name
168 Sukhumvit 36
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
105
Sales Prices
฿4.61M - ฿16.4M
▲ 1.7% overpriced
Monthly Rentals
฿15K - ฿40K
Year Built
Dec 2019
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
407
Sales Prices
฿5.1M - ฿21M
▼ -4.7% underpriced
Monthly Rentals
฿16K - ฿80K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Ideo Morph 38
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
162
Sales Prices
฿5.1M - ฿17.5M
▼ -6.5% underpriced
Monthly Rentals
฿20K - ฿55K
Year Built
Jan 2012
Completion Status
Completed
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