Unit ID: U1012036
6% Rental Yield
Chong Nonsi, Yan Nawa,Bangkok
฿2,650,000 Great Price
1 Bedroom
1
Bathroom
33 SqM
Size
26
Floor
Jan 2013
Completed

About This Condo

This property is a 33 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Trust Residence Ratchada-Rama 3 project in Chong Nonsi, Bangkok and was completed in Jan 2013. You can buy this condo for a base price of ฿2,650,000 (฿80,303/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jul 2, 2021
Updated 2 years ago
Property Type Condo
Floor 26
Bedroom 1
Size 33 SqM
Price per SqM ฿80,303
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
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 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.
฿990/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1012036

Price Analysis

Great Price
Estimated market value ฿2,953,147
Great
฿1,760,000
Good
Fair
Above
฿2,990,000
Current asking Price: ฿2,650,000 | Rental estimate: ฿13,800/mo
This condo is ฿303,147 BELOW MARKET (-10%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿2,650,000
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.
฿990/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.
16
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 Trust Residence Ratchada-Rama 3, and the current sales price.
6%

Project Details

Developer: N/A
Construction: Completed (Jan 2013)
Floors: 33
Buildings: N/A
Units: 1696
Project Area: 11,127 SqM
Nearest Landmark Surasak BTS - 3.2 Km
Location: Chong Nonsi, Bangkok
The Trust Residence Ratchada-Rama 3 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
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at The Trust Residence Ratchada-Rama 3

For Sale 9 For Rent 4
Get notified when new homes are being added to The Trust Residence Ratchada-Rama 3
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Frequently Asked Questions

No pets are allowed at The Trust Residence Ratchada-Rama 3 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 ฿30 per square meter based on the size of indoor area of the property and is ฿990 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 Trust Residence Ratchada-Rama 3 the required payment for the sinking fund is ฿300 per square meter based on the size of the indoor area of the property.
Surasak BTS is the nearest BTS Station from The Trust Residence Ratchada-Rama 3 and it is 3.2 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 The Trust Residence Ratchada-Rama 3 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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A condo near the main road in Rama 3 neighborhood
WittaWat S., Thailand, 4 years ago
This condo was built almost 10 years ago, but it is still pretty new and well-maintained. I rent a room in this condo because it is close to my workplace. This neighborhood has a lot of restaurants and marketplaces. But it rather fits people with their own cars because there is no electric train passing by. Also, the room is a good size, with tasteful design and high-quality furniture. The common areas have a standard service and the security system is really strict. I'm quite impressed.
Bangkok
Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Trust Residence Ratchada-Rama 3

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
Chong Nonsi, Yan Nawa, Bangkok
Number of units
150
Sales Prices
฿23M
Monthly Rentals
฿55K
Year Built
Nov 2011
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
734
Sales Prices
฿1.35M - ฿1.39M
Monthly Rentals
฿6.5K
Year Built
Dec 1991
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
423
Sales Prices
฿1.79M - ฿2.1M
▼ -30% underpriced
Monthly Rentals
฿17K - ฿20K
Year Built
Dec 2007
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
543
Sales Prices
฿3.6M - ฿11.5M
Monthly Rentals
฿13.5K - ฿39K
Year Built
Oct 2019
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
267
Sales Prices
฿11M
Monthly Rentals
฿40K
Year Built
Jan 1997
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
53
Sales Prices
฿8.2M - ฿10.9M
Monthly Rentals
฿35K
Year Built
Jan 2005
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
493
Sales Prices
฿4.65M - ฿6M
▲ 24% overpriced
Monthly Rentals
฿9.9K - ฿18.5K
Year Built
Jan 2009
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
960
Sales Prices
฿5.2M - ฿6.3M
▲ 9% overpriced
Monthly Rentals
฿12K - ฿30K
Year Built
Jan 2009
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
620
Sales Prices
฿2.8M - ฿5.9M
▼ -17.3% underpriced
Monthly Rentals
N/A
Year Built
Dec 2001
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
190
Sales Prices
฿4.1M
▲ 5% overpriced
Monthly Rentals
N/A
Year Built
Dec 2002
Completion Status
Completed
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