1 Bedroom Condo for sale at Centric Scene Ratchavipha

(1 Review)
Wong Sawang, Bang Sue,Bangkok
Unit ID: U637964
4% Rental Yield
1 Bedroom
1 Bathroom
42 SqM Size
14 Floor
Dec 2009 Completed

About This Condo

This property is a 42 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Centric Scene Ratchavipha project in Wong Sawang, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿3,080,000 (฿73,333/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave

Basic Information

Date Listed Oct 29, 2020
Updated 3 years ago
Property Type Condo
Floor 14
Bedroom 1
Size 42 SqM
Price per SqM ฿73,333
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
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 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.
฿1,260/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U637964

Price Analysis

Great Price
Estimated market value ฿4,230,352
Great
฿2,980,000
Good
Fair
Above
฿5,990,000
Current asking Price: ฿3,080,000 | Rental estimate: ฿9,710/mo
This condo is ฿1,150,352 BELOW MARKET (-27%) 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
฿3,080,000
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.
฿1,260/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.
26
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 Centric Scene Ratchavipha, and the current sales price.
4%

Project Details

Construction: Completed (Dec 2009)
Floors: 21
Buildings: 2
Units: 714
Project Area: 9,610 SqM
Nearest Landmark Wong Sawang MRT - 1 Km
Location: Wong Sawang, Bangkok
Centric Scene Ratchavipha 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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Centric Scene Ratchavipha

  • Communal Pool
    4th Floor
  • Communal Gym
    4th Floor
  • Library / Reading Room
    4th Floor

Available Units at Centric Scene Ratchavipha

For Sale 7 For Rent 2
Get notified when new homes are being added to Centric Scene Ratchavipha
View All (7)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Centric Scene Ratchavipha 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 ฿30 per square meter based on the size of indoor area of the property and is ฿1,260 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.
Wong Sawang MRT is the nearest MRT Station from Centric Scene Ratchavipha and it is 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 Centric Scene Ratchavipha 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
Condo offers privacy and convenient transportation
Lalisa Smith, Australia, 6 years ago
I bought a fully furnished 2-bedroom unit here because this place is very close to my workplace. It is ready to move in. The room is great, spacious, and well divided. I also like the facilities, such as the pool, saunas, gym, garden, shop, and security guards. There are also many restaurants, shopping malls, and banks nearby. It is a convenient location, traveling around is so easy. The price is appealing. It will definitely make a profit if I resell or rent it out in the future.
Bangkok
Wong Sawang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Centric Scene Ratchavipha

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
N/A
Sales Prices
฿800K - ฿850K
Monthly Rentals
N/A
Year Built
Oct 2007
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
N/A
Sales Prices
฿2.7M
Monthly Rentals
฿16K
Year Built
Jan 2006
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
840
Sales Prices
฿2.4M - ฿5.54M
▼ -27.5% underpriced
Monthly Rentals
฿8.5K - ฿13.5K
Year Built
Dec 2016
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
242
Sales Prices
฿1.8M - ฿2.38M
Monthly Rentals
฿10K - ฿11K
Year Built
Feb 2017
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
185
Sales Prices
฿1.96M
▼ -45% underpriced
Monthly Rentals
N/A
Year Built
Apr 2020
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
745
Sales Prices
฿1.88M - ฿4.48M
Monthly Rentals
฿10K - ฿16K
Year Built
Jan 2013
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
743
Sales Prices
฿2.15M - ฿5.4M
▼ -50% underpriced
Monthly Rentals
฿9K - ฿15K
Year Built
Dec 2014
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
1287
Sales Prices
฿2.5M - ฿5.1M
▼ -24% underpriced
Monthly Rentals
฿11K - ฿22K
Year Built
Feb 2018
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
N/A
Sales Prices
฿23M
Monthly Rentals
฿85K
Year Built
Apr 2003
Completion Status
Completed
Project Name
Baan Suan Tipco
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
50
Sales Prices
฿4.4M
▼ -28% underpriced
Monthly Rentals
N/A
Year Built
Jul 2009
Completion Status
Completed
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