1 Bedroom Condo for sale at Astra Sky River

(4 Reviews)
Chang Khlan, Mueang Chiang Mai,Chiang Mai
Unit ID: U169457
9% Rental Yield
1 Bedroom
1 Bathroom
44.95 SqM Size
16 Floor
Dec 2021 Completed

About This Condo

This property is a 44.95 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Astra Sky River project in Chang Khlan, Chiang Mai and was completed in Dec 2021. You can buy this condo for a base price of ฿4,246,700 (฿94,476/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jul 19, 2019
Updated 3 years ago
Property Type Condo
Floor 16
Bedroom 1
Size 44.95 SqM
Price per SqM ฿94,476
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
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 Plus
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.
฿2,697/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U169457

Price Analysis

Great Price
Estimated market value ฿5,350,456
Great
฿5,170,000
Good
Fair
Above
฿5,370,000
Current asking Price: ฿4,246,700 | Rental estimate: ฿32,800/mo
This condo is ฿1,103,756 BELOW MARKET (-21%) in the Chiang Mai 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.
฿2,697/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.
11
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 Astra Sky River, and the current sales price.
9%

Project Details

Project Name: Astra Sky River
Developer: Ornsirin Group
Construction: Completed (Dec 2021)
Floors: 17
Buildings: 1
Units: 520
Project Area: 6,400 SqM
Nearest Landmark Sunday Night Market - 3.1 Km
Location: Chang Khlan, Chiang Mai
Astra Sky River 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
Reception / Lobby Area Reception / Lobby Area
Massage Room Massage Room
Library / Reading Room Library / Reading Room

Popular Facilities at Astra Sky River

  • Communal Pool
    Rooftop
  • Co-Working Space / Meeting Room
    17th Floor
  • Communal Gym
    17th Floor
  • Reception / Lobby Area
    1st Floor
  • Library / Reading Room
    17th Floor
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Available Units at Astra Sky River

For Sale 2 For Rent 2
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Payment Plan

Term of Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿50,000
2nd Installment
On handover
100%

Frequently Asked Questions

No pets are allowed at Astra Sky River 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 ฿60 per square meter based on the size of indoor area of the property and is ฿2,697 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 Astra Sky River the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Sunday Night Market is the nearest Market from Astra Sky River and it is 3.1 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 Astra Sky River you have to follow these steps:

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

 


Term of Payment
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿50,000
2nd Installment
On handover
100%

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

4.3 out of 5
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo is being built.
Farida K., Thailand, 3 years ago
The luxury condo is under construction. With my passion, I went to see a sample of the project. The furniture component is perfectly arranged, and the rooms are divided into zones; it works very well. This 1 bedroom size is very suitable for a woman like me. Also, the elegant decoration in white and brown tones looks very good. Besides, the condo common area is fully equipped with a swimming pool, a lounge, a fitness center, and many more. The project location is located near the Sunday Market and Chiang Mai International Airport, only a few minutes away. It is very convenient and suitable for living in Chang Klan.
Outstanding condo in Chiang Mai Town.
Joelle Shimkus, United States, 3 years ago
Another outstanding condo in Chiang Mai Town, good location in the downtown. Convenient travel as it's not far from malls, convenience stores, and restaurants. There is also an extensive range of facilities, making me feel like living in a condo in Bangkok. You can use Co-Working Space and Co-Living Space, which is quite rare. The room I booked is a studio which is quite small at only 29 sq.m. The room layout is quite functional, and the materials are from leading brands. Worth paying!
Luxury project, outstanding with a swimming pool over 150 meters long
Chatchai J., Thailand, 3 years ago
Not often that we can find such a luxurious project in Chiang Mai. Since I saw the pre-sale advertisement, I have started looking for information about the project. For me, I would consider this as an investment opportunity. The project comes with an excellent design in a wealthy neighborhood. Easy travel to the airport, shopping malls, hospitals, and food avenue. It's located on the main road. The building is quite high, 17 floors I guess. It has facilities such as parking space, resting area, working area, meeting room, and a very long swimming pool, about 150 meters on floor 17. Perfect spot to enjoy a night city view of Chaing Mai. The room selection varies from studio to 3 bedrooms. Inside, the room is functional and nicely decorated with imported materials. So far, it is under construction, so I decided to visit the mock-up room. As the visit impresses me a lot, it wasn't difficult at all to buy one. At least, this 1-bed unit will bring me profits for sure.
New project in the heart of the city, complete facilities
Jiayu Lee, China, 3 years ago
The project here is a high-rise condominium with 17 floors in height, providing a rooftop swimming pool. It's super luxurious, and the atmosphere is great. The project entrance is close to the main road, and opposite the condo, there is a convenience store and restaurant, easy to find food. The interior is luxurious. There is a small kitchen area. The room I got is a 1 bedroom type, suitable for only 1-2 people and maybe too narrow for people who don't like the awkwardness !!
Chiang Mai
Chang Khlan

Neighborhood Overview

Location and Neighborhood

Street View

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