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    4 Bedroom House for sale at The Honor
    Khlong Chaokhun Sing, Wang Thong Lang,Bangkok
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    Sale Price
    ฿44,000,000
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    4 Bedroom House for sale at The Honor
    (1 Review)
    Unit ID: U1157012
    4% Rental Yield
    Khlong Chaokhun Sing, Wang Thong Lang,Bangkok
    ฿44,000,000
    4 Bedrooms
    4.5
    Bathrooms
    550 SqM
    Indoor Area
    3
    Storeys
    Dec 2015
    Completed
    22
    Sale Price
    ฿44,000,000

    About This House

    This property is a 550 SqM house with 4 bedrooms and 4.5 bathrooms that is available for sale. It is part of the The Honor project in Khlong Chaokhun Sing, Bangkok and was completed in Dec 2015. You can buy this house for a base price of ฿44,000,000 (฿80,000/SqM) and it is also available for long term rentals starting from ฿150,000 per month.

    Features

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

    Basic Information

    Date Listed Dec 20, 2022
    Updated 2 months ago
    Property Type House (Single Detached)
    Storeys 3
    Location Khlong Chaokhun Sing, Bangkok
    Bedrooms 4
    Nearest Landmark Huai Khwang MRT -5.9 Km
    Indoor Area 550 SqM
    Price per SqM ฿80,000
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    600 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.

    Company
    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.

    Company
    Land Title Deed N/A
    Construction Completed (Dec 2015)
    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 3
    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 U1157012

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿44,000,000
    Rent
    ฿150,000/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.
    24
    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 Honor
    Developer: Asset Wise Co., Ltd.
    Construction: Completed (Dec 2015)
    Units: 12
    Project Area: N/A
    Nearest Landmark Huai Khwang MRT - 5.9 Km
    Location: Khlong Chaokhun Sing, Bangkok
    The Honor Project Details

    Project Features

    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)

    Available Units at The Honor

    For Sale 1 For Rent 1
    • All
    • 4 Beds
    Get notified when new homes are being added to The Honor
    View All (1)

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    Frequently Asked Questions

    All kind of pets are allowed at The Honor including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is ฿155 per square meter based on the plot size of the property and is 0 for this house. 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.
    Huai Khwang MRT is the nearest MRT Station from The Honor and it is 5.9 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 The Honor 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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    Reviews

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Satisfied with this house
    Olivia Miller, United States, 2 years ago
    I've stayed and love it as the gated area gives a sense of privacy, and the house area is perfectly proportioned. The living and the dining rooms are designed overlooking the swimming pool. Apart from that, I like the swimming pool with a large area that can set the dining table for barbecue grills and set a party by the swimming pool. Inside the house, there are both kitchens which are European and Thai. The European pantry allows for easy cooking, but I don't recommend it because the food smell will disturb the house area. When I want to cook, I usually use the Thai kitchen because there is a door that can close when cooking, reducing and preventing the smell and smoke from cooking. The second floor will be the master bedroom with a bathroom, built-in walk-in closet, home theater, and a family room where we always spend time together. For the location, it is considered good and access many amenities such as Central Park, Central Festival East Ville, making my life easier. Overall, I am satisfied with this house.
    Bangkok
    Khlong Chaokhun Sing

    Neighborhood Overview

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