Unit ID: U1064572
4% Rental Yield
Wat Phraya Krai, Bang Kho Laem,Bangkok
฿33,000,000
3 Bedrooms
2
Bathrooms
121 SqM
Size
38
Floor
Dec 2015
Completed

About This Condo

This property is a 121 SqM condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Menam Residences project in Wat Phraya Krai, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of ฿33,000,000 (฿272,727/SqM) and it is also available for long term rentals starting from ฿100,000 per month.

121 Sq.m. on 38th Fl. 3 Bedroom 2 Bathroom with 1 Fixed and 1 Float Parking. Condo with panoramic Chaopraya River View. This in New Properties and Never occupied or rented out

 

Features

Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub

Basic Information

Date Listed Feb 28, 2022
Updated 2 years ago
Property Type Condo
Floor 38
Bedrooms 3
Size 121 SqM
Price per SqM ฿272,727
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) River or Canal View, 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.
฿7,260/mo
Listed By
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1064572

Investment Opportunity: Charges & Yield

Sale Price
฿33,000,000
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.
฿7,260/mo
Rent
฿100,000/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: Menam Residences
Construction: Completed (Dec 2015)
Floors: 54
Buildings: 1
Units: 294
Project Area: 8,232 SqM
Nearest Landmark Saphan Taksin BTS - 1.6 Km
Location: Wat Phraya Krai, Bangkok
Menam Residences Project Details

Project Features

Communal Pool Communal Pool
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
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Menam Residences

  • Reception / Lobby Area
    Ground Floor
  • Communal Garden Area
    Ground Floor
  • Communal Pool
    10th Floor
  • Communal Gym
    10th Floor

Available Units at Menam Residences

For Sale 14 For Rent 14
Updated 2 weeks ago
Available Units at Menam Residences
฿22,000,000฿25,000,000
฿180,328/SqM
Beds 3 Beds
Baths 2 Baths
Size 122 SqM Size
Floor 37 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at Menam Residences
฿44,000,000
฿275,000/SqM
Beds 4 Beds
Baths 4 Baths
Size 160 SqM Size
Floor 48 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Menam Residences
฿38,500,000
฿240,775/SqM
Beds 4 Beds
Baths 4 Baths
Size 159.90 SqM Size
Floor 38 Floor
Thai Quota Unfurnished River or Canal View
Available Units at Menam Residences
฿16,000,000
฿210,526/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 76 SqM Size
Floor 35 Floor
Thai Quota Unfurnished River or Canal View
Available Units at Menam Residences
฿23,750,000
฿170,863/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 139 SqM Size
Floor 21 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at Menam Residences
฿15,000,000
฿230,769/SqM
Beds 2 Beds
Baths 2 Baths
Size 65 SqM Size
Floor 17 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at Menam Residences
฿15,950,000
฿204,487/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 78 SqM Size
Floor 38 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Menam Residences
฿39,680,000
฿248,000/SqM
Beds 3 Beds
Baths 3 Baths
Size 160 SqM Size
Floor 27 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Menam Residences
฿33,000,000
฿272,727/SqM
Beds 3 Beds
Baths 2 Baths
Size 121 SqM Size
Floor 38 Floor
Thai Quota Partly Furnished River or Canal View
Available Units at Menam Residences
฿11,000,000
฿224,490/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 49 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished City View
Available Units at Menam Residences
฿10,094,000
฿224,311/SqM
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 33 Floor
Thai Quota Fully Furnished City View
Available Units at Menam Residences
฿36,500,000
฿228,268/SqM
Beds 3 Beds
Baths 3 Baths
Size 159.90 SqM Size
Floor 38 Floor
Thai Quota City View
Available Units at Menam Residences
฿12,000,000
฿206,897/SqM
Beds 1 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 19 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Menam Residences
฿38,000,000
฿237,500/SqM
Beds 3 Beds
Baths 3 Baths
Size 160 SqM Size
Floor 30 Floor
Foreign Quota Fully Furnished River or Canal View
Get notified when new homes are being added to Menam Residences
View All (14)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Menam Residences 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 ฿60 per square meter based on the size of indoor area of the property and is ฿7,260 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.
Saphan Taksin BTS is the nearest BTS Station from Menam Residences and it is 1.6 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 Menam Residences 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

Do you own a property at Menam Residences?

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

Reviews

4.5 out of 5
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Luxury condo with full facilities and impressive infinity-edged pool
Consuela Carbajal, Mexico, 4 years ago
I've been looking for a new condo to purchase. I've looked at a lot of condominiums, and there isn't one that I'm interested in. Then I came across this condo on the website that I wanted, so I bought it. My room is a two-bedroom which is suitable for my family. As there are two bedrooms, I will spare one for my child in the future. It's luxurious and has everything I need. I love the infinity-edge pool with a great view and also the complete facilities. The first impression of this project is the parking which is large and enough for the residents, so you don't need to double park your car. Just so you know, the parking problem is an unsolvable problem for many condos. Plus, it's located in a convenient location which is easy to get everywhere. You can take a motorbike taxi, or if you go further, you can take the BTS at the Saphan Taksin BTS as well. The staff is friendly and can speak many languages, so you don't have to worry about being a foreigner. Overall, this place is so classy; I would like to recommend it!!!
The project next to the Chao Phraya River
Kanisha Ream, United States, 4 years ago
It's no surprise that this place is so expensive because it is next to the Chao Phraya River and decorates a high-end condo. I think this place is suitable for both living and long-term investment. Every room has a 180-degree Chao Phraya River view and comes fully furnished. The downside is that it is quite far from the BTS and traveling to this area is not very convenient !!
Lovely staff with elegant rooms
Walton Medel, United Kingdom, 4 years ago
This condo is luxurious, and the staff is friendly. The common area is clean and complete with facilities. The room's scenery is stunning, overlooking the Chao Phraya River and Bangkok city views. The room is luxuriously decorated, good value for money. The condo provides sufficient car parking spaces. The location is also close to Charoen Krung Road and other nearby amenities. It is convenient for shopping and traveling. Overall, it's perfect!
Bangkok
Wat Phraya Krai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Menam Residences

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
Wat Phraya Krai, Bang Kho Laem, Bangkok
Number of units
132
Sales Prices
฿3.4M - ฿3.55M
▼ -43% underpriced
Monthly Rentals
฿15K - ฿20K
Year Built
Dec 2018
Completion Status
Completed
Location
Bang Lamphu Lang, Bang Kho Laem, Bangkok
Number of units
480
Sales Prices
฿8.6M - ฿50M
▼ -5.5% underpriced
Monthly Rentals
฿30K - ฿200K
Year Built
Dec 2008
Completion Status
Completed
Location
Wat Phraya Krai, Bang Kho Laem, Bangkok
Number of units
260
Sales Prices
฿11.3M - ฿45M
▼ -2.3% underpriced
Monthly Rentals
฿35K - ฿140K
Year Built
Dec 2006
Completion Status
Completed
Location
Bang Lamphu Lang, Bang Kho Laem, Bangkok
Number of units
866
Sales Prices
฿2.4M - ฿12M
Monthly Rentals
฿10K - ฿45K
Year Built
Jan 2009
Completion Status
Completed
Location
Wat Phraya Krai, Bang Kho Laem, Bangkok
Number of units
421
Sales Prices
฿6.1M - ฿31.3M
▲ 19.6% overpriced
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฿26K - ฿120K
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May 2023
Completion Status
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Project Name
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Location
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Number of units
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Monthly Rentals
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Completion Status
Completed
Location
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366
Sales Prices
฿37M - ฿210M
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Monthly Rentals
฿120K - ฿650K
Year Built
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Completion Status
Completed
Location
Bang Lamphu Lang, Bang Kho Laem, Bangkok
Number of units
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Sales Prices
฿4.32M - ฿43.6M
Monthly Rentals
฿15K - ฿150K
Year Built
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Completion Status
Completed
Location
Wat Phraya Krai, Bang Kho Laem, Bangkok
Number of units
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Sales Prices
฿6.93M - ฿67.3M
Monthly Rentals
N/A
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Number of units
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฿8.25M - ฿8.9M
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Year Built
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Completion Status
Completed
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