1 Bedroom Condo for sale at Asakan Place Srinakarin

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Suan Luang, Suan Luang,Bangkok
Unit ID: U263117
7% Rental Yield
1 Bedroom
1 Bathroom
29 SqM Size
25 Floor
Sep 2019 Completed

About This Condo

This property is a 29 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Asakan Place Srinakarin project in Suan Luang, Bangkok and was completed in Sep 2019. You can buy this condo for a base price of ฿2,300,000 (฿79,310/SqM).

Swimming pool, Gym with variety facility, Private Garden

【Surrounding】 - Airport Link, Hua Mark Station/BTS Yellow Line, BTS Red Line(350m) - Max Value (200m) - Trium Udom Sueksa Pattanakarn School (1km) - Viparam Hospital (1km) - Thanya Park Mall (1km) - Paradise Park Mall (1km) - Seacon Square Mall (1km) - Rod Fai Night Market (1km) - Samitjivej Hospital (3km) - Srirat Expressway, Rama 9 - Bangkok-Chonburi Motorway

Features

BalconyBalcony

Basic Information

Date Listed Dec 20, 2019
Updated 11 months ago
Property Type Condo
Floor 25
Bedroom 1
Size 29 SqM
Price per SqM ฿79,310
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
Furniture
Unfurnished
View(s) City 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.
฿28/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U263117

Price Analysis

Fair Price
Estimated market value ฿2,233,879
Great
฿1,660,000
Good
Fair
Above
฿2,330,000
Current asking Price: ฿2,300,000 | Rental estimate: ฿12,800/mo
This condo is ฿66,121 ABOVE MARKET (3%) 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

Sale Price
฿2,300,000
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.
฿28/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.
15
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 Asakan Place Srinakarin, and the current sales price.
7%

Project Details

Project Name: Asakan Place Srinakarin
Developer: Asakan Co., Ltd.
Construction: Completed (Sep 2019)
Floors: 36
Buildings: N/A
Units: 1024
Project Area: N/A
Nearest Landmark On Nut BTS - 5.4 Km
Location: Suan Luang, Bangkok
Asakan Place Srinakarin Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at Asakan Place Srinakarin

For Sale 8 For Rent 6
Get notified when new homes are being added to Asakan Place Srinakarin
View All (8)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Asakan Place Srinakarin unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
On Nut BTS is the nearest BTS Station from Asakan Place Srinakarin and it is 5.4 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 Asakan Place Srinakarin 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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Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Asakan Place Srinakarin

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
Suan Luang, Suan Luang, Bangkok
Number of units
159
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฿1.52M - ฿3.6M
Monthly Rentals
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Year Built
Dec 2016
Completion Status
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
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▲ 35% overpriced
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
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฿5.8M
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฿12K - ฿30K
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
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฿2.75M - ฿3.95M
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Monthly Rentals
฿9K - ฿23K
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Completion Status
Completed
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
345
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฿2.09M - ฿4.3M
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Monthly Rentals
฿12K - ฿13.5K
Year Built
Dec 1994
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
฿1.49M - ฿4.5M
Monthly Rentals
฿6.5K - ฿9K
Year Built
Dec 1992
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
฿68M
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Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
640
Sales Prices
฿3.5M - ฿7.5M
▼ -12% underpriced
Monthly Rentals
฿24K - ฿45K
Year Built
Dec 1992
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
296
Sales Prices
฿1.25M - ฿1.5M
▼ -31% underpriced
Monthly Rentals
฿7K - ฿7.5K
Year Built
Dec 2011
Completion Status
Completed
Project Name
Baan Green Town
Location
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
฿12.8M
Monthly Rentals
฿85K
Year Built
Jan 2000
Completion Status
Completed
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