Unit ID: U892560
3% Rental Yield
Thanon Phaya Thai, Ratchathewi,Bangkok
฿16,543,000 Great Price
2 Bedrooms
2
Bathrooms
73.70 SqM
Size
31
Floor
Dec 2020
Completed

About This Condo

This property is a 73.70 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Room Phayathai project in Thanon Phaya Thai, Bangkok and was completed in Dec 2020. You can buy this condo for a base price of ฿16,543,000 (฿224,464/SqM).

Features

BalconyBalcony

Basic Information

Date Listed May 13, 2021
Updated N/A
Property Type Condo
Floor 31
Bedrooms 2
Size 73.70 SqM
Price per SqM ฿224,464
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, Company
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
Unit Type 2D1
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.
฿4,791/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U892560

Price Analysis

Great Price
Estimated market value ฿18,026,245
Great
฿18,000,000
Good
Fair
Above
฿18,400,000
Current asking Price: ฿16,543,000 | Rental estimate: ฿37,400/mo
This condo is ฿1,483,245 BELOW MARKET (-8%) 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
฿16,543,000
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.
฿4,791/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.
37
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 2 bedroom condos at The Room Phayathai, and the current sales price.
3%

Project Details

Project Name: The Room Phayathai
Developer: Land and Houses
Construction: Completed (Dec 2020)
Floors: 38
Buildings: 1
Units: 437
Project Area: 4,091 SqM
Nearest Landmark Ratchaprarop ARL - 0.3 Km
Location: Thanon Phaya Thai, Bangkok
The Room Phayathai 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
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Mini Theater Mini Theater
Kids Pool Kids Pool
Lounge Lounge
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at The Room Phayathai

  • Reception / Lobby Area
    Ground Floor
  • Communal Garden Area
    8th Floor
  • Communal Pool
    37th Floor
  • Communal Gym
    38th Floor
  • Mini Theater
    2nd Floor
  • Lounge
    2nd Floor

Available Units at The Room Phayathai

For Sale 41 For Rent 2
Available Units at The Room Phayathai
฿14,028,000
฿216,148/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 64.90 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿6,381,000
฿222,334/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 28.70 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿6,381,000
฿222,334/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 28.70 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿14,028,000
฿216,816/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 64.70 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿6,381,000
฿222,334/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 28.70 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿6,381,000
฿222,334/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 28.70 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿6,381,000
฿229,532/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 27.80 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿16,000,000
฿217,984/SqM
Beds 2 Beds
Baths 2 Baths
Size 73.40 SqM Size
Floor 19 Floor
Thai Quota Fully Furnished City View
Available Units at The Room Phayathai
฿7,406,000
฿195,926/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 37.80 SqM Size
Floor 18 Floor
Thai Quota Fully Furnished City View
Available Units at The Room Phayathai
฿12,455,000
฿192,504/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 64.70 SqM Size
Floor 18 Floor
Thai Quota Fully Furnished City View
Available Units at The Room Phayathai
฿13,800,000
฿197,143/SqM
Beds 2 Beds
Baths 2 Baths
Size 70 SqM Size
Floor 18 Floor
Thai Quota Fully Furnished City View
Available Units at The Room Phayathai
฿8,372,000
฿221,481/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 37.80 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿14,657,000
฿226,538/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 64.70 SqM Size
Floor 25 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿6,799,000
฿244,568/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 27.80 SqM Size
Floor 26 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿8,372,000
฿221,481/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 37.80 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿8,372,000
฿221,481/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 37.80 SqM Size
Floor 15 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿14,657,000
฿225,840/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 64.90 SqM Size
Floor 25 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿8,372,000
฿221,481/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 37.80 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿14,920,000
฿230,603/SqM
Good Price
Beds 2 Beds
Baths 1 Baths
Size 64.70 SqM Size
Floor 30 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿14,710,000
฿227,357/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 64.70 SqM Size
Floor 26 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿8,372,000
฿218,590/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 38.30 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿14,972,000
฿231,406/SqM
Good Price
Beds 2 Beds
Baths 1 Baths
Size 64.70 SqM Size
Floor 31 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿14,710,000
฿226,656/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 64.90 SqM Size
Floor 26 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿15,600,000
฿224,460/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 69.50 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿15,600,000
฿222,857/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 70 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿15,705,000
฿225,971/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 69.50 SqM Size
Floor 15 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿15,810,000
฿225,214/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 70.20 SqM Size
Floor 25 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿15,862,000
฿225,954/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 70.20 SqM Size
Floor 26 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿16,072,000
฿228,946/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 70.20 SqM Size
Floor 30 Floor
Foreign Quota Fully Furnished City View
Available Units at The Room Phayathai
฿15,862,000
฿225,954/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 70.20 SqM Size
Floor 26 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to The Room Phayathai
View All (41)

Loan Calculator

Payment Plan

Studio and 1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
30 days after contract signing
25%
1st Installment
5 months after contract signing
75%
2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
Down Payment
30 days after contract signing
25%
1st Installment
5 months after contract signing
75%

Frequently Asked Questions

No pets are allowed at The Room Phayathai 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 ฿65 per square meter based on the size of indoor area of the property and is ฿4,791 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 Phayathai the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Ratchaprarop ARL is the nearest Airport Rail Link Station from The Room Phayathai and it is 0.3 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 Phayathai you have to follow these steps:

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

 


Studio and 1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
30 days after contract signing
25%
1st Installment
5 months after contract signing
75%
2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
Down Payment
30 days after contract signing
25%
1st Installment
5 months after contract signing
75%

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 Room Phayathai?

Find out how much your property is worth and start your listing for free.

Reviews

4.3 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Near Chaturathit Road, Phaya Thai and Ratchadamri BTS Stations
Vonda Dougan, United States, 3 years ago
It has just been completed. I bought this condo because I love the room decor, very magnificent style. The room focuses on using white tone color, including built-in furniture and the room walls contrasting with marble, which is very elegant. The project location is situated in the city center near Chaturathit Road, Phaya Thai BTS station, and Ratchadamri BTS Station. Very convenient for traveling!
This condo makes my life in BKK much easier
Hannah Davis, United Kingdom, 6 years ago
I made the right choice buying the room from this project. The price is reasonable considering the spacious usable area and quality furniture. Plus, it’s not far from expressways and only 5 mins to Victory Monument BTS. Also, there are complete facilities in common areas like jacuzzi, sauna room, swimming pool, steam room, gym and sky garden which is superb. More importantly, it’s not far from shops, restaurants, department stores, educational institutions, and hospitals like Center One Shopping Plaza, Rajavithi Hospital, and Mahidol University. This condo makes my life in BKK much easier.
Bangkok
Thanon Phaya Thai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Room Phayathai

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
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
258
Sales Prices
฿5.92M - ฿24.5M
▼ -26.7% underpriced
Monthly Rentals
฿18K - ฿55K
Year Built
Dec 2017
Completion Status
Completed
Project Name
XT Phayathai
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
1435
Sales Prices
฿4.8M - ฿19.9M
▼ -7% underpriced
Monthly Rentals
฿19.9K - ฿90K
Year Built
Aug 2022
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
451
Sales Prices
฿3.9M - ฿9.27M
▼ -14.3% underpriced
Monthly Rentals
฿16K - ฿30K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Ideo Mobi Rangnam
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
366
Sales Prices
฿5.7M - ฿12.3M
▼ -8.1% underpriced
Monthly Rentals
฿20K - ฿27K
Year Built
Nov 2020
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
411
Sales Prices
฿7.49M - ฿26.9M
▼ -2.3% underpriced
Monthly Rentals
N/A
Year Built
Mar 2024
Completion Status
Off Plan
Project Name
Noble Revent
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
261
Sales Prices
฿5.5M - ฿15M
▼ -27.5% underpriced
Monthly Rentals
฿15K - ฿40K
Year Built
Jan 2014
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
547
Sales Prices
฿4.9M - ฿20.5M
Monthly Rentals
฿15K - ฿25K
Year Built
Jan 2008
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
1
Sales Prices
฿29M
▼ -40% underpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
79
Sales Prices
฿5.5M
▼ -50% underpriced
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
306
Sales Prices
฿7.5M - ฿8.9M
Monthly Rentals
฿16K - ฿25K
Year Built
Jan 2009
Completion Status
Completed
Back to top
  • Fazwaz Group Sites www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.de www.fazwaz.es