Unit ID: U1408146
4% Rental Yield
Bang Chak, Phra Khanong,Bangkok
฿5,721,420
1 Bedroom
1
Bathroom
36 SqM
Size
12
Floor
Jan 2019
Completed

About This Condo

This property is a 36 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Whizdom Essence project in Bang Chak, Bangkok and was completed in Jan 2019. You can buy this condo for a base price of ฿5,721,420 (฿158,928/SqM).

Features

BalconyBalcony TVTV

Basic Information

Date Listed May 15, 2023
Updated 11 months ago
Property Type Condo
Floor 12
Bedroom 1
Size 36 SqM
Price per SqM ฿158,928
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
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) City View, Garden 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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1408146

Investment Opportunity: Charges & Yield

Sale Price
฿5,721,420
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
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.
26
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 Whizdom Essence, and the current sales price.
4%

Project Details

Project Name: Whizdom Essence
Construction: Completed (Jan 2019)
Floors: 50
Buildings: N/A
Units: 664
Project Area: N/A
Nearest Landmark Punnawithi BTS - 0.6 Km
Location: Bang Chak, Bangkok
Whizdom Essence 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
Sauna Sauna
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at Whizdom Essence

For Sale 10 For Rent 17
Get notified when new homes are being added to Whizdom Essence
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Frequently Asked Questions

No pets are allowed at Whizdom Essence 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 ฿50 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.
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 Whizdom Essence the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Punnawithi BTS is the nearest BTS Station from Whizdom Essence 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 Whizdom Essence 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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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Whizdom Essence

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Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
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Location
Bang Chak, Phra Khanong, Bangkok
Number of units
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฿27K - ฿36K
Year Built
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Completion Status
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Location
Bang Chak, Phra Khanong, Bangkok
Number of units
554
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฿4.19M - ฿9.39M
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Completion Status
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Location
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Number of units
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Number of units
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฿2.35M - ฿5.79M
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Year Built
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Completion Status
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Location
Bang Chak, Phra Khanong, Bangkok
Number of units
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Year Built
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Completion Status
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Location
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Number of units
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฿2.8M - ฿7.2M
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Location
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Number of units
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฿8.8M
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Year Built
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Completion Status
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Location
Bang Chak, Phra Khanong, Bangkok
Number of units
222
Sales Prices
฿1.95M - ฿4M
Monthly Rentals
฿13.5K - ฿20K
Year Built
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Completion Status
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Location
Bang Chak, Phra Khanong, Bangkok
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
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
N/A
Year Built
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Completion Status
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