The Residence

 (Write Review)
Thep Krasattri, Thalang, Phuket
Apr 2022 Completed
1 Building
24 Units
8,770 SqM Project Area

Overview of The Residence in Thep Krasattri, Phuket

The Residence is a house and villa project located in Thep Krasattri, Phuket and was completed in Apr 2022. It has 24 units and was developed by Andaman Asset Solution Co., Ltd., who is also behind The Residence Prime, The Trinity Prime and The Trinity Village.

Features & Amenities

  • Communal Pool at The Residence
    Communal Pool
    1st Floor

Video of The Residence

  • Project Overview

Available Units at The Residence

For Sale 5 For Rent 4
Get notified when new homes are being added to The Residence
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Previous Sales (Secondary Market) at The Residence

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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Facilities and Floor Plans

Facilities

Leisure
Communal Pool
Clubhouse
Fitness
Communal Gym
Convenience
Reception / Lobby Area
Safety
24H Security
CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units : 200%
Parking Type : Conventional
Charging Stations on Site : No

Management

Common Area Management 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.
฿8,810/SqM
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 Residence the required payment for the sinking fund is ฿176,205 per square meter based on the size of the indoor area of the property.
฿176,205/SqM
Pets : All Kind of Pets Allowed

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
30%
2nd Installment
Super Structure
30%
3rd Installment
Topping Out
20%
4th Installment
On handover
20%

Master Plan

About the Developer - Andaman Asset Solution Co., Ltd.

All Andaman Asset Solution Co., Ltd. Projects
6 Projects 118 Units

Andaman Asset Solution Company Limited is a real estate development company based in Phuket specializing in unique modern design pool villas.

Our distinctively designed properties are built for people who are looking for pure perfection, workmanship, quality and the latest technology.

We have an experienced team of the best design professionals ready to provide you with the highest value, quality and service in Phuket.

We construct with sustainable quality, authentic materials and furnished with only the best handpicked furniture. Our communities are well maintained to ensure maximum value for the properties.

Create your lifestyle living in Phuket at Andaman Asset Solution.

andaman asset solution

Frequently Asked Questions

Frequently asked questions about The Residence
All kind of pets are allowed at The Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee at The Residence is ฿8,810 per square meter based on the plot size 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 Residence the required payment for the sinking fund is ฿176,205 per square meter based on the size of the plot size of the property.
Bang Tao Beach is the nearest Beach from The Residence and it is 3.5 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 Residence 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
฿20,000
1st Installment
Upon contract signing
30%
2nd Installment
Super Structure
30%
3rd Installment
Topping Out
20%
4th Installment
On handover
20%


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

Reviews

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Phuket
Thep Krasattri
Neighborhood Overview of Thep Krasattri, Phuket

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

The Residence is conveniently located just 700 m from 7-Eleven 7-Eleven Ban Don Community branch, which can be reached within 9 mins. by foot.

There are many other shops situated in the area of The Residence, the 3 closest being:
- Dutch Mill Dairy Center, Thalang Branch is 390 m away (about 5 mins. by foot)
- Shoes shop Atcharaporn is effective. is 1.7 km away (an approx. drive of 4 mins.)
- Sopara Soi Thanit is 1.2 km away (an approx. drive of 2 mins.)

The surrounding area, where The Residence is situated, offers a wide variety of restaurants. See the closest of them below:
- Curry Rice Nakhon 3 is 20 m away (a walk of about 1 min.)
- Klong Thalang Boat Noodles (Boat Noodles, Khlong Thalang) is 20 m away (a walk of about 1 min.)
- An a la carte restaurant, Ji Patch is 90 m away (a walk of about 1 min.)

Thalang Clinic Lab Thalang Clinic Clinic is the nearest health facility, which is 1.7 km away (you can drive there in 3 mins.) from the project, while the closest schools in the proximity of The Residence are:
- Charoen Wai International Nursery is 140 m away (about 2 mins. by foot)
- Tech Houses is 180 m away (about 2 mins. by foot)
- Thalang Wittaya School is 250 m away (about 3 mins. by foot)

Phuket International Airport is located 14.8 km from The Residence and it takes about 18 mins. by car or taxi (depending on the traffic) to get there.

Projects Nearby The Residence

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Number of units
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The Residence Prime in Thep Krasattri, Phuket
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Thep Krasattri, Thalang, Phuket
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Sales Prices
฿25.4M - ฿25.8M
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The Trinity Prime in Thep Krasattri, Phuket
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Thep Krasattri, Thalang, Phuket
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฿45.6M - ฿46M
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Project Name
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Botanica The Residence (Phase 4) in Thep Krasattri, Phuket
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Sales Prices
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Project Name
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Thep Krasattri, Thalang, Phuket
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