Unit ID: U1381506
2% Rental Yield
Suan Luang, Suan Luang,Bangkok
฿120,000,000
4 Bedrooms
4.5
Bathrooms
700 SqM
Indoor Area
2
Storeys
Dec 2014
Completed

About This House

This property is a 700 SqM house with 4 bedrooms and 4.5 bathrooms that is available for sale. It is part of the 99 Residence Rama 9 project in Suan Luang, Bangkok and was completed in Dec 2014. You can buy this house for a base price of ฿120,000,000 (฿171,429/SqM) and it is also available for long term rentals starting from ฿200,000 per month.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Mar 7, 2023
Updated 1 month ago
Property Type House (Single Detached)
Storeys 2
Location Suan Luang, Bangkok
Bedrooms 4
Nearest Landmark Ramkhamhaeng ARL -1.8 Km
Indoor Area 700 SqM
Price per SqM ฿171,429
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
1,072 SqM
Plot Size N/A
Pets All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) in their own name but not the land that it stands on.

Thai Ownership
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership
Land Title Deed N/A
Construction Completed (Dec 2014)
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) Pool View, Garden View
Unit Type N/A
Parking Spots 4
Pool Size 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1381506

Investment Opportunity: Charges & Yield

Sale Price
฿120,000,000
Rent
฿200,000/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.
50

Project Details

Project Name: 99 Residence Rama 9
Construction: Completed (Dec 2014)
Units: 53
Project Area: 9,788 SqM
Nearest Landmark Ramkhamhaeng ARL - 1.8 Km
Location: Suan Luang, Bangkok
99 Residence Rama 9 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Communal Garden Area Communal Garden Area

Available Units at 99 Residence Rama 9

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Frequently Asked Questions

All kind of pets are allowed at 99 Residence Rama 9 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Ramkhamhaeng ARL is the nearest Airport Rail Link Station from 99 Residence Rama 9 and it is 1.8 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at 99 Residence Rama 9 you have to follow these steps:

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


Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

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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Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby 99 Residence Rama 9

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
Suan Luang, Suan Luang, Bangkok
Number of units
36
Sales Prices
฿13.8M
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
300
Sales Prices
฿2M - ฿4.2M
Monthly Rentals
฿11.5K
Year Built
Jan 1997
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
62
Sales Prices
฿10.2M - ฿40M
▼ -10% underpriced
Monthly Rentals
฿80K - ฿180K
Year Built
Nov 2015
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
16
Sales Prices
฿16.4M - ฿27M
▼ -49% underpriced
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
2880
Sales Prices
฿750K - ฿850K
Monthly Rentals
N/A
Year Built
Jan 1994
Completion Status
Completed
Project Name
Arna Rama 9
Location
Hua Mak, Suan Luang, Bangkok
Number of units
8
Sales Prices
฿39.9M
Monthly Rentals
N/A
Year Built
Mar 2023
Completion Status
Completed
Project Name
Monte Rama 9
Location
Hua Mak, Suan Luang, Bangkok
Number of units
536
Sales Prices
฿2.58M - ฿2.77M
▼ -7.5% underpriced
Monthly Rentals
฿8.5K - ฿20K
Year Built
May 2021
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1482
Sales Prices
฿1.4M - ฿2.68M
▼ -42% underpriced
Monthly Rentals
฿6K - ฿10.5K
Year Built
Jan 2012
Completion Status
Completed
Project Name
Noble Cube
Location
Suan Luang, Suan Luang, Bangkok
Number of units
411
Sales Prices
฿14.5M - ฿45M
▼ -12% underpriced
Monthly Rentals
N/A
Year Built
Oct 2012
Completion Status
Completed
Location
Hua Mak, Suan Luang, Bangkok
Number of units
139
Sales Prices
฿1.99M - ฿3.8M
Monthly Rentals
฿8K - ฿15K
Year Built
Nov 2015
Completion Status
Completed
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