1 Bedroom Condo for sale at Banyan Tree Residences Riverside Bangkok

(12 Reviews)
Khlong San, Khlong San,Bangkok
Unit ID: U164843
3% Rental Yield
1 Bedroom
1 Bathroom
70 SqM Size
25 Floor
Dec 2019 Completed

About This Condo

This property is a 70 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Banyan Tree Residences Riverside Bangkok project in Khlong San, Bangkok and was completed in Dec 2019. You can buy this condo for a base price of ฿24,570,000 (฿351,000/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jul 24, 2019
Updated 3 years ago
Property Type Condo
Floor 25
Bedroom 1
Size 70 SqM
Price per SqM ฿351,000
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) River or Canal View, 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.
฿10,500/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U164843

Price Analysis

Great Price
Estimated market value ฿29,185,564
Great
฿28,000,000
Good
Fair
Above
฿29,700,000
Current asking Price: ฿24,570,000 | Rental estimate: ฿56,800/mo
This condo is ฿4,615,564 BELOW MARKET (-16%) 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.
฿10,500/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.
36
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 Banyan Tree Residences Riverside Bangkok, and the current sales price.
3%

Project Details

Construction: Completed (Dec 2019)
Floors: 45
Buildings: 1
Units: 133
Project Area: 8,400 SqM
Nearest Landmark Charoen Nakorn BTS - 0.6 Km
Location: Khlong San, Bangkok
Banyan Tree Residences Riverside Bangkok 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
Steam Room Steam Room
Sauna Sauna
Massage Room Massage Room
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Party Hall / Group Entertainment Party Hall / Group Entertainment
BBQ Area BBQ Area
Library / Reading Room Library / Reading Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Banyan Tree Residences Riverside Bangkok

  • Communal Pool
    3rd Floor
  • Communal Gym
    3rd Floor
  • Lounge
    2nd Floor
  • Co-Working Space / Meeting Room
    2nd Floor
  • Sauna
    3rd Floor
  • Spa
    3rd Floor
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Upon contract signing
15%
2nd Installment
On handover
75%

Frequently Asked Questions

No pets are allowed at Banyan Tree Residences Riverside Bangkok 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 ฿150 per square meter based on the size of indoor area of the property and is ฿10,500 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 Banyan Tree Residences Riverside Bangkok the required payment for the sinking fund is ฿1,500 per square meter based on the size of the indoor area of the property.
Charoen Nakorn BTS is the nearest BTS Station from Banyan Tree Residences Riverside Bangkok and it is 0.6 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 Banyan Tree Residences Riverside Bangkok 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
฿300,000
1st Installment
Upon contract signing
15%
2nd Installment
On handover
75%

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
12 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Luxury project on the banks of the Chao Phraya River with full service
Margene Gillock, United States, 3 years ago
It is a beautiful and luxurious project located on the banks of the Chao Phraya River. Shuttle boat service is available for the residents to the attraction places along the river or the pier. It is very pleasant because it is near Icon Siam. Also, it has a 24 hours security system, doorman, and concierge service, which is really deserved for Banyantree. Recommended!!!
Fantastic rooftop restaurant
Erik T., Russia, 3 years ago
The rooftop restaurant of the project is fantastic. I can see Bangkok's city view, including the Chao Phraya River view, so romantic! Such a perfect experience of staying here. Attentive staff with a professional service. The 1 bedroom I rented was very clean with complete furniture. The facilities of the project are luxurious and diverse at a 5-star-hotel standard, very impressed!
Bangkok
Khlong San

Neighborhood Overview

Location and Neighborhood

Street View

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