1 Bedroom Condo for sale at Life Asoke Rama 9

(14 Reviews)
Makkasan, Ratchathewi,Bangkok
Unit ID: U641846
5% Rental Yield
1 Bedroom
1 Bathroom
40 SqM Size
Jan 2020 Completed

About This Condo

This property is a 40 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Life Asoke Rama 9 project in Makkasan, Bangkok and was completed in Jan 2020. You can buy this condo for a base price of ฿5,974,000 (฿149,350/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Nov 20, 2020
Updated 3 months ago
Property Type Condo
Floor N/A
Bedroom 1
Size 40 SqM
Price per SqM ฿149,350
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly 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.
฿2,000/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U641846

Price Analysis

Fair Price
Estimated market value ฿5,860,172
Great
฿5,160,000
Good
Fair
Above
฿7,170,000
Current asking Price: ฿5,974,000 | Rental estimate: ฿23,900/mo
This condo is ฿113,828 ABOVE MARKET (2%) 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.
฿2,000/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.
21
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 Life Asoke Rama 9, and the current sales price.
5%

Project Details

Project Name: Life Asoke Rama 9
Developer: AP (Thailand)
Construction: Completed (Jan 2020)
Floors: 46
Buildings: 2
Units: 2248
Project Area: 14,044 SqM
Nearest Landmark Phra Ram 9 MRT - 0.5 Km
Location: Makkasan, Bangkok
Life Asoke Rama 9 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
Steam Room Steam Room
Sauna Sauna
Walking / Running Track Walking / Running Track
Yoga Area Yoga Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
BBQ Area BBQ Area
Lounge Lounge
Outdoor Putting Green Outdoor Putting Green
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Life Asoke Rama 9

  • Communal Pool
    42nd Floor
  • Communal Gym
    45th Floor
  • Communal Pool
    45th Floor
  • Communal Garden Area
    7th Floor
  • Communal Garden Area
    42nd Floor
  • Lounge
    45th Floor
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Available Units at Life Asoke Rama 9

For Sale 42 For Rent 148
Available Units at Life Asoke Rama 9
฿8,500,000
฿146,552/SqM
Beds 2 Beds
Baths 2 Baths
Size 58 SqM Size
Floor 31 Floor
Foreign Quota Fully Furnished City View
Updated 2 months ago
Available Units at Life Asoke Rama 9
฿3,800,000
฿152,000/SqM
Beds Studio Beds
Baths 1 Baths
Size 25 SqM Size
Floor 30 Floor
Foreign Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿3,700,000
฿142,308/SqM
Beds Studio Beds
Baths 1 Baths
Size 26 SqM Size
Floor 26 Floor
Foreign Quota Fully Furnished City View
Updated 1 month ago
Available Units at Life Asoke Rama 9
฿5,500,000
฿157,143/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 33 Floor
Foreign Quota City View
Available Units at Life Asoke Rama 9
฿4,190,000
฿149,643/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 5 Floor
Fully Furnished City View
Updated 1 month ago
Available Units at Life Asoke Rama 9
฿5,500,000
฿157,143/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 26 Floor
Thai Quota Fully Furnished City View
Updated 2 months ago
Available Units at Life Asoke Rama 9
฿4,630,000
฿165,357/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 14 Floor
Thai Quota Fully Furnished City View
Updated 13 hours ago
Available Units at Life Asoke Rama 9
฿5,400,000
฿150,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 27 Floor
Thai Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿5,940,000
฿148,500/SqM
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished City View
Updated 2 months ago
Available Units at Life Asoke Rama 9
฿4,635,000
฿165,536/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 18 Floor
Thai Quota Partly Furnished Park View
Available Units at Life Asoke Rama 9
฿4,223,000
฿150,821/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 30 Floor
Thai Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿5,760,000
฿160,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 13 Floor
Leasehold Fully Furnished City View
Available Units at Life Asoke Rama 9
฿6,200,000
฿155,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 37 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Life Asoke Rama 9
฿9,600,000
฿165,517/SqM
Beds 2 Beds
Baths 2 Baths
Size 58 SqM Size
Floor 11 Floor
Fully Furnished City View
Available Units at Life Asoke Rama 9
฿6,700,000
฿167,500/SqM
Beds 1 Beds
Baths 2 Baths
Size 40 SqM Size
Floor 36 Floor
Fully Furnished City View
Updated 1 month ago
Available Units at Life Asoke Rama 9
฿7,000,000
฿194,444/SqM
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 36 Floor
Thai Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿4,089,000
฿146,036/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 44 Floor
Foreign Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿4,089,000
฿146,036/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 44 Floor
Foreign Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿5,450,000
฿155,714/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿5,450,000
฿155,714/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 26 Floor
Thai Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿5,400,000
฿150,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 12 Floor
Fully Furnished City View
Available Units at Life Asoke Rama 9
฿5,568,000
฿154,753/SqM
Beds 1 Beds
Baths 1 Baths
Size 35.98 SqM Size
Floor 13 Floor
Fully Furnished City View
Available Units at Life Asoke Rama 9
฿4,350,000
฿155,357/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿5,900,000
฿210,714/SqM
Beds 1 Beds
Baths 1 Baths
Size 28 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at Life Asoke Rama 9
฿4,340,000
฿135,625/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 24 Floor
Foreign Quota City View
Available Units at Life Asoke Rama 9
฿6,180,000
฿176,571/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished
Available Units at Life Asoke Rama 9
฿4,974,900
฿155,466/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished
Available Units at Life Asoke Rama 9
฿5,253,000
฿164,156/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor Ground Floor Floor
Thai Quota Unfurnished
Available Units at Life Asoke Rama 9
฿4,300,581
฿134,393/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 7 Floor
Thai Quota Partly Furnished Garden View
Available Units at Life Asoke Rama 9
฿4,378,000
฿136,813/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 41 Floor
Thai Quota City View
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Frequently Asked Questions

No pets are allowed at Life Asoke Rama 9 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 ฿50 per square meter based on the size of indoor area of the property and is ฿2,000 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 Life Asoke Rama 9 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Phra Ram 9 MRT is the nearest MRT Station from Life Asoke Rama 9 and it is 0.5 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 Life Asoke Rama 9 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

4.4 out of 5
Based on
14 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
3 Swimming Pools In A Single Project!
Verified Visitor, 3 years ago
The location in which the project stands is filled with Bangkok’s greatest amenities like the Rama 9 MRT Station which is only 300 meters away from the project, the G Tower, Terminal 21 and more. Not to mention the upcoming MRT Orange Line that’ll take you East to West of Bangkok as well as the Grand Rama 9 to be one of the largest mixed-use developments in Bangkok.The facilities are much more than you can expect. With 3 swimming pools in total, a fully-equipped gym, and a Sky Lounge for you to utilize freely and enjoy the view of Bangkok’s skyline.
Modern condo with beautiful interior decoration
Lacy Strange, United States, 3 years ago
It is a modern design condo, surrounded by a good environment. The gardens around the condo are perfectly arranged and exotic. Also, you can take a walk, chill or sit and watch the scenery at leisure. The condo interior looks good from the reception hall until reaching the room interior. It suits me well, and I rented a 1 bedroom unit, suitable for 1-2 people. If there are more than 2 people, it may be a little narrow. Besides, my room is decorated in warm colors, giving a comfortable atmosphere. Furthermore, Life Asoke Rama 9 is a condo near MRT Rama 9, so it is convenient to travel to various places easily.
Many foreigners are living in this area &The project is superb transportation.
Loren Munger, India, 3 years ago
Many foreigners are living in this area. Most of them come from Japan, China, or Korea, but we can communicate and understand each other. I feel comfortable staying here because food and transportation are very accessible and convenient. The most important concern for foreigners like us is safety. It seems that Life Asoke Rama 9 Condo is the best response at this point. The room I bought is a studio room, about 32 sq.m. and I am okay with small sizes because I live alone and mostly spend my time in common areas. The door is an automatic locking system that is very safe. The kitchen is also fully furnished with high class ready to use products. The composition in a small area is neatly arranged, and every space is usable indeed. In the common area provides sky gardens, aquarium sky swimming Pool comes with a panoramic city view of Bangkok where I can enjoy my evening with friends whenever I want. It's so incredible !!. Here also has a sky lounge that you can chill out as well. Moreover, the condo provides a 2-floors gym with fully modern equipment, and it's enough for the number of users that come together with a sauna in the same area. The security systems are excellent in terms of using one card access system to the room. The Meeting area and lobby are spacious, and you can reach staff anytime you need any assistant because they can speak English perfectly. I would give this to 5 stars service accommodation in the main city. The project here is superb transportation. I don't like going anywhere on holiday. I mostly go nearby shopping malls, walk about 10 minutes to Central Rama 9, Fortune town, and connect Rama 9 MRT station to anywhere in Bangkok conveniently. Also, during work from home, I didn't feel bored because it has complete facilities inside the project. I would say that living here is worth paying. I am very impressed and enjoyed my stay here. Superb!!
Affordable condo
Jan Tantiviwat, Thailand, 4 years ago
I have been married for 3 years now, after getting married, I have moved into my husband's parents house. After years of saving finally, it's time to buy our place. My husband wants to continue living around Rama 9 area so he can easily visit his parents. As you know, there are many condos in Rama 9 area to choose from. Very fortunate, Life Asoke Rama 9, a new condo, the price is only 2.75 million, which is considered the lowest in this area. The location of the project is also close to the Rama 9 MRT Station, a distance of 300 meters, and the Petchaburi Station is about 730 meters away, or if you want to use the Airport Link, there is Makkasan Station 1.3 km from the property. There are 3 expressways near the project if you travel by car: Asoke 2 expressway about 150 meters, Asoke 3 expressway 930 meters, and Asoke 4 940 meters. There are two to three shopping malls such as Central Rama 9, Esplanade. You can choose from 1-2 bedrooms and studios. The project has a unit layout and space within the new Interlock Lay Out design. It creates more usable space in the room and has the perfect proportion of various functions, making the room have a lot of dimensions. The entrance area Has a large garden area That is surrounded by many green trees. In the common area, there is also a Rooftop that connects the rooftop of 2 buildings on an area of ​​1.5 rai with 3 salt-water swimming pools, size 50, 40, 23 meters, a 2-story fitness room, Double Volume, Sky Lounge, Grand. Lobby with Super Co-Working Space offers Free WIFI on every common area, key card door, CCTV, and 24-hour security system. I almost forgot the car park has only 40% of the unit, which can park about 905 cars, which is definitely not enough for the residents.
Beyond expectation facilities
Adrianne Oberry, United Kingdom, 4 years ago
I decided to buy the condo because of its reasonable price and location. I love that the project provides a wide range of facilities and they are superb. The exterior is stunning and the entire design makes me feel like living in a luxurious hotel, especially a rooftop corridor connecting buildings together. It’s where the rooftop garden and the pools are located. I enjoy spending my evening there as the view is breathtaking. At the beginning, I thought it would be very expensive but I did some research I found that it’s affordable. If I marry my girlfriend and settle down Thailand. Buying a condo would be a better option than renting one. Transportation is also convenient. I don’t own a car but the place is near Rama 9 MRT and Makkasan ARL so I can easily commute. For those who want to buy the condo for investment, I would recommend this condo because it’s in a prime location with many selling points. I don’t think it will be difficult to make a profit.
An interesting new condominium
Karntima S., Thailand, 4 years ago
I went to reserve it because the project is still under construction. According to the project's plan that I have read, It is situated in a perfect location. Also, it is convenient to travel, close to Rama 9 MRT (300 meters), and Si Rat Expressway. Besides, it is near to many shopping malls such as Central Rama 9, Fortune Town, and Tesco Lotus. As for the project's room, there is a beautiful space. The project sells a fully-fitted room with a pantry in the kitchen and bathroom sanitary ware. The common area is fascinating, with three large swimming pools on the top floor of the condo and a 2-floor gym. However, it will be a problem if you drive a car. We have to spare time because this road is quite busy all day.
Worth for investment
Linwood Wool, United Kingdom, 4 years ago
I bought this condo for investment. I can say that it is very worth my money because it is a good location here, next to the main road. And also close to the BTS, JUST 2 minutes walk!! The room is never unrented. There are always tenants reserving it. This project very popular among foreigners, especially Japanese ones. There are various shops and restaurants surround the condo. The rental price is approximately 30,000-40,000 baht per 2 bedrooms, which is reasonable. I think the customer can accept in a good location with all the amenities like this.
Close to Thonglor BTS station
Coletta Coria, Italy, 4 years ago
I've been here for several years, and I don't need to use my car at all because it is close to the BTS station. We always take the BTS, and it takes only 3 minutes walking to the station. It is conveniently accessible and saves time traveling. The condo here is very stylish, and the receptionists are very nice, serving us excellently. A full range of facilities is provided, such as a clean and large swimming pool, overlooking the wonderful city's view. The project atmosphere is relatively tranquil, suitable for relaxing in the evening. The room size is okay, and the price is reasonable. Moreover, the materials used are very quality and durable. It is usable. The security system is such a great system as the security guard is always on duty, and there is a key card access system. Personally, I love it here because it is accessible, the room is lovely, and a full range of facilities. I can comfortably spend my life in the city happily.
People who Love Health. With a Large Exercise Gym
Rubye Ballance, Germany, 4 years ago
I went to see the showroom last week, and I have booked 1 unit because I'm looking for a new condo. This condo is suitable for health lovers like me because I like to exercise and look after my health. Therefore, I focused on the condo in which there is a full range of exercise equipment. Fortunately, this project has organized a gym for two floors overlooking a 360-degree stunning view of Bangkok. Since a glass window in a gym, you can see through the perspective. Also, there are many relaxation corners, including the common area, which is considerable at about 7.5 Rai. I think it is worth it; therefore, I decided to buy 1 unit then. However, the room now is under construction. I will review it again if it 100% completed.
Good location Condo near Thonglor BTS
Nicola Bonin, France, 7 years ago
Japanese-style condo, which is clean and inviting. Conveniently located near Thonglor BTS 450 meters away. The project is surrounded by shops and restaurants for Thai and International food. Lovely staff provides excellent services. The common area has a large swimming pool, overlooking a beautiful city view. Shame that there isn't enough parking space for the residents.
Bangkok
Makkasan

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Projects Nearby Life Asoke Rama 9

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฿6.1M - ฿15.2M
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฿2.2M - ฿7.36M
▼ -24.3% underpriced
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฿9.5K - ฿16K
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Dec 2011
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Completed
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Din Daeng, Ratchathewi, Bangkok
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599
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