Unit ID: U1163032
4% Rental Yield
Bang Chak, Phra Khanong,Bangkok
Sold
2 Bedrooms
1
Bathroom
46.76 SqM
Size
22
Floor
Jan 2020
Completed

About This Condo

This property is a 46.76 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Whizdom Connect Sukhumvit project in Bang Chak, Bangkok and was completed in Jan 2020. You can buy this condo for a base price of ฿7,117,370 (฿152,211/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Oct 12, 2022
Updated 2 months ago
Property Type Condo
Floor 22
Bedrooms 2
Size 46.76 SqM
Price per SqM ฿152,211
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
Unfurnished
View(s) City View
Unit Type 2BR1B
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.
฿2,338/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1163032

Investment Opportunity: Charges & Yield

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.
฿2,338/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 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 Whizdom Connect Sukhumvit, and the current sales price.
4%

Project Details

Construction: Completed (Jan 2020)
Floors: 46
Buildings: 1
Units: 554
Project Area: 8,000 SqM
Nearest Landmark Udom Suk BTS - 0.7 Km
Location: Bang Chak, Bangkok
Whizdom Connect Sukhumvit Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Kids Pool Kids Pool
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area
Lounge Lounge
Communal Garden Area Communal Garden Area
Key card access Key card access
Access to BTS/MRT Access to BTS/MRT

Popular Facilities at Whizdom Connect Sukhumvit

  • Communal Pool
    6th Floor
  • Communal Gym
    6th Floor
  • Indoor Kids Zone
    6th Floor
  • Reception / Lobby Area
    1st Floor
  • Walking / Running Track
    1st Floor
  • Co-Working Space / Meeting Room
    1st Floor
  • Lounge
    31st Floor
  • Communal Garden Area
    1st Floor
  • Outdoor Kids Zone
    1st Floor
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿10,000
2nd Installment
On handover
100%

Frequently Asked Questions

No pets are allowed at Whizdom Connect Sukhumvit 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 ฿2,338 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 Connect Sukhumvit the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Udom Suk BTS is the nearest BTS Station from Whizdom Connect Sukhumvit and it is 0.7 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 Connect Sukhumvit 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
1st Installment
Upon contract signing
฿10,000
2nd Installment
On handover
100%

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

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Price Rating : Great Price
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Neighborhood Overview

Location and Neighborhood

Street View

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