1 Bedroom Condo for sale at Life Pinklao

5 (1 Review)
Bang Yi Khan, Bang Phlat,Bangkok
Unit ID: U75526
5% Rental Yield
฿4,000,000 ฿4,100,000
1 Bedroom
1 Bathroom
30.20 SqM Size
9 Floor
Dec 2017 Completed

About This Condo

This property is a 30.20 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Life Pinklao project in Bang Yi Khan, Bangkok and was completed in Dec 2017. You can buy this condo for a base price of ฿4,000,000 (฿132,450/SqM).

Features

Private PoolPrivate Pool Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type Condo
Floor 9
Bedroom 1
Size 30.20 SqM
Price per SqM ฿132,450
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
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, Pool 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.
฿1,027/mo
Listed By
Private Owner
Date Listed May 30, 2018
Last Updated 9 months ago
Unit ID U75526

Price Analysis

Fair Price
Estimated market value ฿3,838,081
Great
฿3,470,000
Good
Fair
Above
฿4,050,000
Current asking Price: ฿4,000,000 | Rental estimate: ฿17,300/mo
This condo is ฿161,919 ABOVE MARKET (4%) 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
฿4,000,000
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.
฿1,027/mo
Est. Rent
฿17,300/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.
19
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 Pinklao, and the current sales price.
5%

Project Details

Project Name: Life Pinklao
Developer: AP (Thailand)
Construction: Completed (Dec 2017)
Floors: 23
Buildings: N/A
Units: 803
Project Area: N/A
Nearest Landmark Bang Yi Khan MRT - 0.1 Km
Location: Bang Phlat, Bangkok
Life Pinklao 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Library / Reading Room Library / Reading Room

Available Units at Life Pinklao

For Sale 7 For Rent 1
Get notified when new homes are being added to Life Pinklao

Loan Calculator

Frequently Asked Questions

No pets are allowed at Life Pinklao 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 ฿34 per square meter based on the size of indoor area of the property and is ฿1,027 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 Pinklao the required payment for the sinking fund is ฿450 per square meter based on the size of the indoor area of the property.
Bang Yi Khan MRT is the nearest MRT Station from Life Pinklao and it is 0.1 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 Life Pinklao 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

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Next to the Bang Yi Khan MRT
5 Bebie Ross, United States, 1 year ago
I have lived in this condo for a while since I moved to this area for work. I was impressed by the staff and security guard. They are so friendly and they solve problems quickly. It's always clean around here. There is a swimming pool and a fitness room decorated in a modern style and has a complete set of exercise equipment. My room is a 1-bedroom room, 35 square meters in size, spacious, with a kitchen area where I can do the cooking. The project is in a good location, right next to Bang Yi Khan MRT. So, getting to the heart of Bangkok is simple and quick. After visiting friends' rooms in the area, I realized that my condo is the best.
Bangkok
Bang Yi Khan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Life Pinklao

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
Thana Arcadia
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
247
Sales Prices
฿2.92M
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Project Name
Thana Tri
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
76
Sales Prices
฿2.72M
▼ -48% underpriced
Monthly Rentals
N/A
Year Built
Dec 2007
Completion Status
Completed
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
1784
Sales Prices
฿2.36M - ฿7.48M
▼ -11.7% underpriced
Monthly Rentals
฿12.6K - ฿24.2K
Year Built
Jul 2019
Completion Status
Completed
Project Name
Thana Astoria
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
493
Sales Prices
฿3.15M - ฿3.58M
▼ -23% underpriced
Monthly Rentals
N/A
Year Built
Nov 2019
Completion Status
Completed
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
580
Sales Prices
฿4.53M
▼ -43% underpriced
Monthly Rentals
N/A
Year Built
Dec 2007
Completion Status
Completed
Project Name
My Condo Pinklao
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
420
Sales Prices
฿2.22M - ฿2.52M
▼ -39% underpriced
Monthly Rentals
N/A
Year Built
Jan 2009
Completion Status
Completed
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
541
Sales Prices
฿3.83M
Monthly Rentals
฿9.06K - ฿16.1K
Year Built
Jan 2009
Completion Status
Completed
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
446
Sales Prices
฿3.13M - ฿5.53M
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
1121
Sales Prices
฿1.9M - ฿2.42M
Monthly Rentals
฿11.1K
Year Built
Jan 2009
Completion Status
Completed
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
300
Sales Prices
฿1.56M
Monthly Rentals
N/A
Year Built
Dec 1998
Completion Status
Completed
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