The President Sathorn-Ratchaphruek

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Pak Khlong Phasi Charoen, Phasi Charoen, Bangkok

For Sale 1 Unit ฿3,190,000
Construction
Dec 2013 Completed
Floors
30 Floors
Units
584 Units

The President Sathorn-Ratchaphruek in Pak Khlong Phasi Charoen, Bangkok

The President Sathorn-Ratchaphruek is a condo and apartment project located in Pak Khlong Phasi Charoen, Bangkok and was completed in Dec 2013. It has 584 units across 30 floors

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Facilities

Leisure
Leisure
Communal Pool Communal Pool
Fitness
Fitness
Communal Gym Communal Gym
Convenience
Convenience
Car Parking Car Parking
Safety
Safety
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Management

Common Area Management Fee
Common Area Management Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿35/SqM
Sinking Fund
Sinking Fund
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 President Sathorn-Ratchaphruek the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
฿400/SqM

Frequently asked questions

Frequently asked questions about The President Sathorn-Ratchaphruek
The common area maintenance fee at The President Sathorn-Ratchaphruek is ฿35 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 President Sathorn-Ratchaphruek the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.

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.

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After you have found the right property at The President Sathorn-Ratchaphruek you have to follow these steps:

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

 

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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.

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Bangkok

Pak Khlong Phasi Charoen

Neighborhood Overview of Pak Khlong Phasi Charoen, Bangkok

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

The President Sathorn-Ratchaphruek is conveniently located just 170 m from Max mart, which can be reached within 2 mins. by foot.

There are many other shops situated in the area of The President Sathorn-Ratchaphruek, the 3 closest being:
- 7-Eleven, Supalai Park Petchkasem Branch is 480 m away (about 6 mins. by foot)
- Minimart is 410 m away (about 5 mins. by foot)
- 7-11 Petchkasem Branch 28 is 510 m away (about 6 mins. by foot)

The surrounding area, where The President Sathorn-Ratchaphruek is situated, offers a wide variety of restaurants. See the closest of them below:
- Rung Fade Charoen is 150 m away (a walk of about 2 mins.)
- Talad Phlu Market, Petchkasem 25/2 is 140 m away (a walk of about 2 mins.)
- Bang Phai Thong Chicken and Rice is 120 m away (a walk of about 1 min.)

Wow 123 is the nearest health facility, which is 310 m away (you can walk there in 4 mins.) from the project, while the closest schools in the proximity of The President Sathorn-Ratchaphruek are:
- Kru Atom Tutor (Atom tutor tutor) is 290 m away (about 4 mins. by foot)
- Mathematics Tutor School Somkiat Phasi Charoen is 290 m away (about 4 mins. by foot)
- Wat Pla Du School is 0.8 km away (an approx. drive of 2 mins.)

Suvarnabhumi Airport is located 45.1 km from The President Sathorn-Ratchaphruek and it takes about 48 mins. by car or taxi (depending on the traffic) to get there.

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