1 Bedroom Condo for sale at Monte Rama 9

(1 Review)
Hua Mak, Bang Kapi,Bangkok
Unit ID: U155143
5% Rental Yield
1 Bedroom
1 Bathroom
29.05 SqM Size
2 Floor
May 2021 Completed

About This Condo

This property is a 29.05 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Monte Rama 9 project in Hua Mak, Bangkok and was completed in May 2021. You can buy this condo for a base price of ฿2,576,000 (฿88,675/SqM).

Living it Up in Luxury - 29.05m Condo for ฿2.6M!

This 29.05 SqM condominium offers a prime opportunity for the discerning buyer. With 1 bedroom and 1 bathroom, this property is seamlessly integrated within the Monte Rama 9 project in Hua Mak, Bangkok, and was only recently completed in May 2021. At an incredibly wallet-friendly ฿2,576,000, or ฿88,675/SqM, this chic, modern dwelling won't be on the market for long.The efficient floor plan is artfully designed to maximize square footage and offer an ideal living space. Impeccably styled, this condo features sleek, contemporary accents and an undisputed air of sophistication. With an array of nearby amenities and the perfect layout, this condo offers a truly high-value experience.Make this your urban oasis and indulge yourself with a once-in-a-lifetime opportunity. This deal won't last - don't hesitate to enquire today. Proudly present this stylish dwelling to your friends, family, and colleagues and show off your astute taste in real estate.

Features

BalconyBalcony TVTV

Basic Information

Date Listed Mar 18, 2019
Updated 4 years ago
Property Type Condo
Floor 2
Bedroom 1
Size 29.05 SqM
Price per SqM ฿88,675
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, Company
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 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.
฿1,307/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U155143

Price Analysis

Great Price
Estimated market value ฿2,927,005
Great
฿2,800,000
Good
Fair
Above
฿3,010,000
Current asking Price: ฿2,576,000 | Rental estimate: ฿11,600/mo
This condo is ฿351,005 BELOW MARKET (-12%) 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
฿2,576,000
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.
฿1,307/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 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 Monte Rama 9, and the current sales price.
5%

Project Details

Project Name: Monte Rama 9
Construction: Completed (May 2021)
Floors: 8
Buildings: 3
Units: 536
Project Area: 4,800 SqM
Nearest Landmark Ramkhamhaeng MRT - 1.1 Km
Location: Hua Mak, Bangkok
Monte 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
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Monte Rama 9

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
  • Communal Garden Area
    1st Floor
  • Reception / Lobby Area
    1st Floor
  • Co-Working Space / Meeting Room
    1st Floor

Available Units at Monte Rama 9

For Sale 10 For Rent 6
Get notified when new homes are being added to Monte Rama 9
View All (10)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at Monte 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 ฿45 per square meter based on the size of indoor area of the property and is ฿1,307 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 Monte 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.
Ramkhamhaeng MRT is the nearest MRT Station from Monte Rama 9 and it is 1.1 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 Monte Rama 9 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
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

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
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The project is in an excellent location, right next to the mall.
Munlika R., Thailand, 2 years ago
It is a new and well-organized project located in an excellent location, adjacent to The Mall Ramkhamhaeng, which is complete. There are restaurants, supermarkets, banks, and many more shops. If anyone moves to this area, I can assure you that you will not be disappointed. There are a lot of restaurants lined along the road, which are all delicious. There are also various fashionable clothes to choose from at affordable prices. From the condo to Ramkhamhaeng University, it only takes about 10 minutes. Very convenient!
Bangkok
Hua Mak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Monte Rama 9

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
Arna Rama 9
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
8
Sales Prices
฿39.9M
Monthly Rentals
N/A
Year Built
Mar 2023
Completion Status
Completed
Location
Suan Luang, Bang Kapi, Bangkok
Number of units
62
Sales Prices
฿10.2M - ฿40M
▼ -10% underpriced
Monthly Rentals
฿80K - ฿180K
Year Built
Nov 2015
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
639
Sales Prices
฿1.96M - ฿6.9M
▼ -16.7% underpriced
Monthly Rentals
฿11K - ฿25K
Year Built
Dec 2019
Completion Status
Completed
Location
Suan Luang, Bang Kapi, Bangkok
Number of units
16
Sales Prices
฿16.4M - ฿27M
▼ -49% underpriced
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
570
Sales Prices
฿4.99M - ฿7.5M
▲ 8% overpriced
Monthly Rentals
฿15K - ฿28K
Year Built
Jun 2020
Completion Status
Completed
Project Name
IDEO New Rama 9
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
996
Sales Prices
฿2.35M - ฿6.19M
▼ -35% underpriced
Monthly Rentals
฿9.5K - ฿24K
Year Built
Dec 2018
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
139
Sales Prices
฿1.99M - ฿3.8M
Monthly Rentals
฿8K - ฿15K
Year Built
Nov 2015
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
923
Sales Prices
฿1.89M - ฿2.99M
▼ -23.8% underpriced
Monthly Rentals
฿8.5K - ฿22K
Year Built
Nov 2012
Completion Status
Completed
Location
Suan Luang, Bang Kapi, Bangkok
Number of units
854
Sales Prices
฿2.28M - ฿5.5M
▼ -3% underpriced
Monthly Rentals
฿9.5K - ฿25K
Year Built
Jan 2020
Completion Status
Completed
Project Name
MÉTIER Rama 9
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
8
Sales Prices
฿38.5M
Monthly Rentals
N/A
Year Built
Apr 2020
Completion Status
Completed
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