1 Bedroom Condo for sale at The Line Wongsawang

(1 Review)
Wong Sawang, Bang Sue,Bangkok
Unit ID: U84853
5% Rental Yield
1 Bedroom
1 Bathroom
32.16 SqM Size
33 Floor
Feb 2018 Completed

About This Condo

This property is a 32.16 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Line Wongsawang project in Wong Sawang, Bangkok and was completed in Feb 2018. You can buy this condo for a base price of ฿4,779,600 (฿148,619/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Sep 7, 2018
Updated 4 years ago
Property Type Condo
Floor 33
Bedroom 1
Size 32.16 SqM
Price per SqM ฿148,619
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%.

Foreign Quota, Thai Quota
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) City View
Unit Type 1BR
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.
฿1,126/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U84853

Price Analysis

Great Price
Estimated market value ฿5,602,205
Great
฿5,540,000
Good
Fair
Above
฿6,140,000
Current asking Price: ฿4,779,600 | Rental estimate: ฿18,400/mo
This condo is ฿822,605 BELOW MARKET (-15%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

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.
฿1,126/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.
22
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at The Line Wongsawang, and the current sales price.
5%

Project Details

Project Name: The Line Wongsawang
Developer: Sansiri
Construction: Completed (Feb 2018)
Floors: 36
Buildings: N/A
Units: 1287
Project Area: 11,200 SqM
Nearest Landmark Wong Sawang MRT - 0.1 Km
Location: Wong Sawang, Bangkok
The Line Wongsawang 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
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Cigar Lounge Cigar Lounge
Communal Garden Area Communal Garden Area
Key card access Key card access
Close
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This condo was reserved by another buyer but check out these similar properties

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Get notified when new homes are being added to The Line Wongsawang
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Frequently Asked Questions

No pets are allowed at The Line Wongsawang 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 ฿35 per square meter based on the size of indoor area of the property and is ฿1,126 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.
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 Line Wongsawang the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Wong Sawang MRT is the nearest MRT Station from The Line Wongsawang and it is 0.1 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 The Line Wongsawang 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

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Reviews

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo next to the mall with easy access
Prin Wongsuwan, Thailand, 4 years ago
Because it is close to our office, my girlfriend and I bought this condo to live in. It's the first condo I've decided to buy, and it's a 2-bedroom unit. It has 2 bedrooms: a bathroom, a living room, and a kitchen. Each room has been divided into proportions. There is also a small balcony, which I find very appealing due to its modern and simple design. In addition, the kitchen is built-in. The facilities are considered complete, as they include a swimming pool, a gym, a garden, and a sky lounge from which I can admire the breathtaking view. It is also easy to get around, as the Wong Sawang MRT station is about 100 meters away. It is accessible to get to the markets as numerous markets are surrounding, such as Big C Wong Sawang, Wong Sawang Market, and Grand Plaza, close to the project. My girlfriend and I love this condo.
Bangkok
Wong Sawang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Line Wongsawang

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Location
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▼ -50% underpriced
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Wong Sawang, Bang Sue, Bangkok
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