Unit ID: U649948
4% Rental Yield
Si Lom, Bang Rak,Bangkok
฿23,500,000
2 Bedrooms
2
Bathrooms
85 SqM
Size
22
Floor
Jun 2020
Completed

About This Condo

This property is a 85 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Lofts Silom project in Si Lom, Bangkok and was completed in Jun 2020. You can buy this condo for a base price of ฿23,500,000 (฿276,471/SqM) and it is also available for long term rentals starting from ฿70,000 per month.

Features

BalconyBalcony OvenOven

Basic Information

Date Listed Dec 30, 2020
Updated 3 months ago
Property Type Condo
Floor 22
Bedrooms 2
Size 85 SqM
Price per SqM ฿276,471
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
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.
฿7,650/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U649948

Price Analysis

Above Average
Estimated market value ฿18,948,725
Great
฿17,400,000
Good
Fair
Above
฿21,300,000
Current asking Price: ฿23,500,000 | Advertised rental rate: ฿70,000/mo
This condo is ฿4,551,275 ABOVE MARKET (24%) 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
฿23,500,000
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.
฿7,650/mo
Rent
฿70,000/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.
28
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

Project Name: The Lofts Silom
Developer: Raimon Land PCL.
Construction: Completed (Jun 2020)
Floors: 37
Buildings: 1
Units: 268
Project Area: 3,240 SqM
Nearest Landmark Surasak BTS - 0.4 Km
Location: Si Lom, Bangkok
The Lofts Silom Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
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
Onsen Onsen
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Mini Theater Mini Theater
Kids Pool Kids Pool
Outdoor Kids Zone Outdoor Kids Zone
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at The Lofts Silom

  • Communal Pool
    34th Floor
  • Communal Gym
    33rd Floor
  • Communal Garden Area
    Ground Floor
  • Communal Garden Area
    9th Floor
  • Mini Theater
    34th Floor
  • Library / Reading Room
    34th Floor
  • Onsen
    34th Floor
  • Lounge
    34th Floor

Available Units at The Lofts Silom

For Sale 17 For Rent 43
Available Units at The Lofts Silom
฿9,900,000
฿206,250/SqM
Beds 1 Beds
Baths 1 Baths
Size 48 SqM Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Updated 2 weeks ago
Available Units at The Lofts Silom
฿14,800,000
฿211,429/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 70 SqM Size
Floor 18 Floor
Thai Quota Fully Furnished City View
Available Units at The Lofts Silom
฿10,500,000
฿228,261/SqM
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 15 Floor
Fully Furnished City View
Available Units at The Lofts Silom
฿32,000,000
฿270,042/SqM
Beds 2 Beds
Baths 2 Baths
Size 118.50 SqM Size
Floor 29 Floor
Foreign Quota Unfurnished City View
Available Units at The Lofts Silom
฿11,400,000
฿232,653/SqM
Beds 1 Beds
Baths 1 Baths
Size 49 SqM Size
Floor 25 Floor
Thai Quota Fully Furnished City View
Available Units at The Lofts Silom
฿15,300,000
฿196,154/SqM
Beds 2 Beds
Baths 2 Baths
Size 78 SqM Size
Floor 14 Floor
Unfurnished City View
Available Units at The Lofts Silom
฿13,800,000
฿209,091/SqM
Beds 2 Beds
Baths 1 Baths
Size 66 SqM Size
Floor 22 Floor
Fully Furnished City View
Updated 1 month ago
Available Units at The Lofts Silom
฿30,000,000
฿272,727/SqM
Beds 2 Beds
Baths 2 Baths
Size 110 SqM Size
Floor 29 Floor
Thai Quota Fully Furnished Unblocked Open View
Available Units at The Lofts Silom
฿18,500,000
฿217,647/SqM
Beds 2 Beds
Baths 2 Baths
Size 85 SqM Size
Floor 20 Floor
Foreign Quota Fully Furnished City View
Available Units at The Lofts Silom
฿12,236,778
฿249,730/SqM
Beds 1 Beds
Baths 1 Baths
Size 49 SqM Size
Floor 19 Floor
Foreign Quota Unfurnished City View
Available Units at The Lofts Silom
฿15,000,000
฿192,308/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 78 SqM Size
Floor 14 Floor
Thai Quota Unfurnished City View
Available Units at The Lofts Silom
฿30,000,000
฿283,019/SqM
Beds 2 Beds
Baths 2 Baths
Size 106 SqM Size
Floor 29 Floor
Thai Quota Fully Furnished City View
Available Units at The Lofts Silom
฿10,700,000
฿222,917/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 48 SqM Size
Floor 28 Floor
Thai Quota Unfurnished City View
Available Units at The Lofts Silom
฿11,200,000฿12,230,000
฿229,791/SqM
Beds 1 Beds
Baths 1 Baths
Size 48.74 SqM Size
Floor 19 Floor
Foreign Quota City View
Available Units at The Lofts Silom
฿10,815,000
฿225,313/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 48 SqM Size
Floor 21 Floor
Thai Quota Partly Furnished City View
Updated 2 months ago
Available Units at The Lofts Silom
฿8,300,000
฿172,917/SqM
Beds 1 Beds
Baths 1 Baths
Size 48 SqM Size
Floor 9 Floor
Foreign Quota Unfurnished Garden View
Available Units at The Lofts Silom
฿23,500,000
฿276,471/SqM
Beds 2 Beds
Baths 2 Baths
Size 85 SqM Size
Floor 22 Floor
Foreign Quota Unfurnished City View
Get notified when new homes are being added to The Lofts Silom
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Loan Calculator

Frequently Asked Questions

No pets are allowed at The Lofts Silom 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 ฿90 per square meter based on the size of indoor area of the property and is ฿7,650 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 Lofts Silom the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Surasak BTS is the nearest BTS Station from The Lofts Silom 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 Lofts Silom you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
Deposit
Upon contract signing
10%
1st Installment
On handover
90%

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 Lofts Silom?

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Reviews

4.9 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good condo for investment
Jenniffer Blanks, Australia, 3 years ago
I just put down the deposit for a 2-bedroom duplex. It comes with 2 stories so I can manage the space functionally. The materials used for decoration look luxurious with built-in furniture. Both 2 bedrooms have a large window exposing the full city view. The shower room has a Jacuzzi and a large mirror for the view too. The luxurious facilities include a swimming pool, gym, lounge, playground, herb garden, fragrant garden, 24-hour security, etc. The staff gives good service. The location is perfect near all amenities such as Lerdsin Hospital 550 meters away, Bangkok Christian College in only 3 minutes walk, and a 2-minute walk to Sri Maha Mariamman Temple. Easy to travel by Surasak BTS, just 6 minutes walk. For me, this is the best condo in the Silom area; it is worth the investment.
Amazing swimingpool
Verified Visitor, 3 years ago
Lofts Silom is one of the best new development in Silom Area at the moment. The duplex are looking very nice and the quality of finition is excellent. The view from the swimingpool is spectacular.
Bangkok
Si Lom

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Lofts Silom

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
Si Lom, Bang Rak, Bangkok
Number of units
219
Sales Prices
฿7.9M - ฿18.5M
▲ 8% overpriced
Monthly Rentals
฿25K - ฿50K
Year Built
Dec 2015
Completion Status
Completed
Location
Si Lom, Bang Rak, Bangkok
Number of units
71
Sales Prices
฿7.73M
Monthly Rentals
฿20K - ฿35K
Year Built
Dec 2008
Completion Status
Completed
Project Name
Pabhada Silom
Location
Si Lom, Bang Rak, Bangkok
Number of units
N/A
Sales Prices
฿12M - ฿13M
Monthly Rentals
฿38K - ฿45K
Year Built
Jan 2007
Completion Status
Completed
Project Name
Silom Suite
Location
Si Lom, Bang Rak, Bangkok
Number of units
281
Sales Prices
฿5.4M - ฿15.5M
▼ -7% underpriced
Monthly Rentals
฿15K - ฿60K
Year Built
Jan 1997
Completion Status
Completed
Project Name
Sampoom Garden
Location
Si Lom, Bang Rak, Bangkok
Number of units
65
Sales Prices
฿11.9M
Monthly Rentals
N/A
Year Built
Jan 1997
Completion Status
Completed
Project Name
Baan Siri Silom
Location
Si Lom, Bang Rak, Bangkok
Number of units
137
Sales Prices
฿7.73M - ฿14.4M
Monthly Rentals
฿22K - ฿50K
Year Built
Jan 2006
Completion Status
Completed
Project Name
Sathorn House
Location
Si Lom, Bang Rak, Bangkok
Number of units
396
Sales Prices
฿8.9M - ฿17.5M
Monthly Rentals
฿21K - ฿35K
Year Built
Jan 1997
Completion Status
Completed
Location
Si Lom, Bang Rak, Bangkok
Number of units
562
Sales Prices
฿7.5M - ฿18.3M
▲ 4.9% overpriced
Monthly Rentals
฿25K - ฿55K
Year Built
Dec 2011
Completion Status
Completed
Project Name
Tait 12
Location
Si Lom, Bang Rak, Bangkok
Number of units
238
Sales Prices
฿9.3M - ฿43.8M
▲ 6.7% overpriced
Monthly Rentals
฿38K - ฿95K
Year Built
Jan 2023
Completion Status
Completed
Project Name
The Line Sathorn
Location
Si Lom, Bang Rak, Bangkok
Number of units
327
Sales Prices
฿10.9M - ฿11.8M
▲ 27% overpriced
Monthly Rentals
N/A
Year Built
Feb 2021
Completion Status
Completed
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