1 Bedroom Condo for sale at ITF Silom Palace

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Suriyawong, Bang Rak,Bangkok
Unit ID: U1109040
5% Rental Yield
Tenant-Occupied until Dec 2, 2024
1 Bedroom
1 Bathroom
52 SqM Size
14 Floor
Jan 1986 Completed

About This Condo

This property is a 52 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the ITF Silom Palace project in Suriyawong, Bangkok and was completed in Jan 1986. You can buy this condo for a base price of ฿4,350,000 (฿83,654/SqM) and it is also available for long term rentals starting from ฿19,900 per month.

Features

Pool AccessPool Access Rooftop TerraceRooftop Terrace Covered ParkingCovered Parking BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Jun 22, 2022
Updated 1 month ago
Property Type Condo
Floor 14
Bedroom 1
Size 52 SqM
Price per SqM ฿83,654
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, Unblocked Open 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.
฿1,700/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1109040

Investment Opportunity: Charges & Yield

Sale Price
฿4,350,000
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.
฿1,700/mo
Rent
฿19,900/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.
18
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Project Name: ITF Silom Palace
Developer: N/A
Construction: Completed (Jan 1986)
Floors: 32
Buildings: N/A
Units: 930
Project Area: N/A
Nearest Landmark Chong Nonsi BTS - 0.4 Km
Location: Suriyawong, Bangkok
ITF Silom Palace Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at ITF Silom Palace

For Sale 6 For Rent 5
Get notified when new homes are being added to ITF Silom Palace
View All (6)

Loan Calculator

Frequently Asked Questions

No pets are allowed at ITF Silom Palace unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chong Nonsi BTS is the nearest BTS Station from ITF Silom Palace and it is 0.4 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 ITF Silom Palace 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
Suriyawong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby ITF Silom Palace

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
Project Name
Green Point Silom
Location
Suriyawong, Bang Rak, Bangkok
Number of units
156
Sales Prices
฿6.52M
▼ -15.5% underpriced
Monthly Rentals
฿27.1K - ฿35.1K
Year Built
Jan 1998
Completion Status
Completed
Project Name
Ashton Silom
Location
Suriyawong, Bang Rak, Bangkok
Number of units
428
Sales Prices
฿7.8M - ฿26.9M
▼ -9.1% underpriced
Monthly Rentals
฿23.1K - ฿88.2K
Year Built
Nov 2018
Completion Status
Completed
Project Name
The Surawong
Location
Si Phraya, Bang Rak, Bangkok
Number of units
52
Sales Prices
฿5.62M - ฿8.02M
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Monthly Rentals
฿22.1K - ฿33.6K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Siamese Surawong
Location
Si Phraya, Bang Rak, Bangkok
Number of units
206
Sales Prices
฿5.21M - ฿41.6M
▼ -14.3% underpriced
Monthly Rentals
฿15K - ฿181K
Year Built
Jan 2015
Completion Status
Completed
Project Name
Diamond Tower
Location
Si Lom, Bang Rak, Bangkok
Number of units
100
Sales Prices
฿4.01M - ฿20.1M
▼ -50% underpriced
Monthly Rentals
฿15K - ฿47.1K
Year Built
Dec 1984
Completion Status
Completed
Project Name
M Silom
Location
Suriyawong, Bang Rak, Bangkok
Number of units
161
Sales Prices
฿9.03M - ฿53.1M
▼ -15.7% underpriced
Monthly Rentals
฿35.1K - ฿150K
Year Built
Dec 2012
Completion Status
Completed
Location
Si Lom, Bang Rak, Bangkok
Number of units
200
Sales Prices
฿45.1M - ฿301M
▲ 0.5% overpriced
Monthly Rentals
฿120K - ฿281K
Year Built
Dec 2016
Completion Status
Completed
Project Name
Klass Silom Condo
Location
Si Lom, Bang Rak, Bangkok
Number of units
176
Sales Prices
฿5.01M - ฿12.7M
Monthly Rentals
฿20.1K - ฿55.2K
Year Built
Dec 2013
Completion Status
Completed
Project Name
Wall Street Tower
Location
Si Phraya, Bang Rak, Bangkok
Number of units
N/A
Sales Prices
฿33.1M
Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
Project Name
Quad Silom
Location
Si Lom, Bang Rak, Bangkok
Number of units
41
Sales Prices
฿7.92M - ฿14.5M
▼ -11% underpriced
Monthly Rentals
฿25.1K - ฿45.1K
Year Built
Dec 2009
Completion Status
Completed
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