1 Bedroom Condo for sale at A Space Asoke-Ratchada

(6 Reviews)
Din Daeng, Din Daeng,Bangkok
Unit ID: U159185
5% Rental Yield
1 Bedroom
1 Bathroom
45.44 SqM Size
1 Floor
Dec 2009 Completed

About This Condo

This property is a 45.44 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the A Space Asoke-Ratchada project in Din Daeng, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿2,850,000 (฿62,720/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Apr 9, 2019
Updated 3 years ago
Property Type Condo
Floor 1
Bedroom 1
Size 45.44 SqM
Price per SqM ฿62,720
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%.

Thai Quota
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Pool View
Unit Type N/A
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.
฿1,590/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U159185

Price Analysis

Great Price
Estimated market value ฿3,292,919
Great
฿2,820,000
Good
Fair
Above
฿3,660,000
Current asking Price: ฿2,850,000 | Rental estimate: ฿11,300/mo
This condo is ฿442,919 BELOW MARKET (-13%) 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.
฿1,590/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.
21
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 A Space Asoke-Ratchada, and the current sales price.
5%

Project Details

Project Name: A Space Asoke-Ratchada
Developer: Areeya Property
Construction: Completed (Dec 2009)
Floors: 14
Buildings: 7
Units: 2177
Project Area: 3,932 SqM
Nearest Landmark Phra Ram 9 MRT - 0.7 Km
Location: Din Daeng, Bangkok
A Space Asoke-Ratchada Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at A Space Asoke-Ratchada

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
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Available Units at A Space Asoke-Ratchada

For Sale 8 For Rent 14
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Frequently Asked Questions

No pets are allowed at A Space Asoke-Ratchada 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 ฿1,590 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 A Space Asoke-Ratchada the required payment for the sinking fund is ฿350 per square meter based on the size of the indoor area of the property.
Phra Ram 9 MRT is the nearest MRT Station from A Space Asoke-Ratchada and it is 0.7 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 A Space Asoke-Ratchada 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

3.9 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It’s a quality condo at an affordable price
Will Kinser, Germany, 4 years ago
I rented a studio room in this project monthly. It’s in a good location as it takes only a 10-minute walk to Rama IX MRT Station and Central Rama IX Department Store. Speaking of the room, it’s not that spacious, but well-allocated. Most importantly, the rental price is not high compared to other projects in the same neighborhood. The swimming pool within the condo is spacious and always kept clean. For those who like privacy, this place wouldn’t be suitable for you as the number of units is quite dense. However, the noise never bothers me at all. Overall, it is quite satisfied with this place. It’s a quality condo at an affordable price.
The large project
Nike Lim, Singapore, 4 years ago
The large project has more than 2,000 units of residence in the Din Daeng area. It's surrounded by Central Plaza Grand Rama 9, Fortune Town Department Store in only 880 meters away, which makes grocery shopping even easier. Walking to a 7-11 convenience store is just 1 minute, making my life more comfortable. The project is also not far from MRT Rama 9 and Airport Link Makkasan. Commuting is more convenient!
Good location suitable for bus passengers
Kan J., Thailand, 4 years ago
We are new members of this condo, just moved here a few months ago. Overall, the condo is nice and has a lot of green space. I love going for a walk in the evening. It is more suitable for people using public transport than private cars because it is quite limited. It might be inconvenient for people who like to go back late because you may not have a car park and waste time looking for a parking space. Anyway, it is considered a convenient place because we don't have a private car. Most of the time, we take the Rama 9 MRT, or sometimes we often take the Makkasan Airport Rail Link. It is not difficult to find a place to travel during the holidays because it is close to the bars and many entertainment venues.
Convenient residential condo and near MRT
Nara R., Thailand, 5 years ago
This condo looks general and looks good. It is comfortable and beautiful. The condo area is surrounded by restaurants around and close to Rama 9 MRT station, just a few minutes, convenient to walk, and just 10 minutes walk from the Metro. The on-site is a good atmosphere, ideal for living. Apart from that, the rooms are decorated in a modern style with a one-bedroom room. The room I rented is the proportion. It is okay to stay here.
The project here is an excellent residential area
Leota Eklund, South Africa, 5 years ago
The project here is huge because there are 10 buildings. I stay on the 8 floor. I felt good because the room was airy and well-ventilated. The room I stayed in was a studio room suitable for being alone. It provides medium quality furniture with an equipped kitchen. There are shelves, sink, and other kitchen equipment that are ready to use. Besides, the door is a double lock system, very safe. The common area also offers an extensive range of facilities, whether it is a reception area, a lobby, sauna, gym, swimming pool, and a shuttle service. The staff is also helpful. Apart from that, there is a 24-hour security guard. The garden area is decorated in a shady style that is suitable for relaxation. I think the project here is very well-designed. We can spend our holidays without having to travel far. Nearby local amenities are various, including Central Plaza Rama 9 and Lotus Rama 9. We can connect to multiple places by taking Rama 9 MRT Station, which is only 5-10 minutes' walk from the project. I think the project here is an excellent residential area, ideal location, and convenient transportation. It is very suitable for living in the city.
A studio room, affordable price
Loreen Jaquez, Mexico, 5 years ago
If you are looking for a simple residential condominium and do not focus on a luxury style. I would like to recommend you to visit this condo. The studio rooms are the perfect size for one or two people, not too pricey. It has all the standard facilities, such as a large outdoor swimming pool. Plus, transportation is convenient because it is next to the main road, Rama 9 Road, and is a bustling area for various restaurants and living.
Bangkok
Din Daeng

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby A Space Asoke-Ratchada

Location
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Project Name
Location
Number of units
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Location
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439
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▲ 25% overpriced
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