1 Bedroom Condo for sale at Mulberry Grove Sukhumvit

(1 Review)
Phra Khanong Nuea, Watthana,Bangkok
Unit ID: U896958
1 Bedroom
1 Bathroom
56.50 SqM Size
26 Floor
Oct 2023 Completed

About This Condo

This property is a 56.50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Mulberry Grove Sukhumvit project in Phra Khanong Nuea, Bangkok and was completed in Oct 2023. You can buy this condo for a base price of ฿16,800,000 (฿297,345/SqM).

Features

Wet BarWet Bar BalconyBalcony

Basic Information

Date Listed May 21, 2021
Updated N/A
Property Type Condo
Floor 26
Bedroom 1
Size 56.50 SqM
Price per SqM ฿297,345
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
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
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.
฿5,368/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U896958

Price Analysis

Fair Price
Estimated market value ฿16,399,062
Great
฿15,200,000
Good
Fair
Above
฿18,400,000
Current asking Price: ฿16,800,000
This condo is ฿400,938 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

Sale Price
฿16,800,000
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.
฿5,368/mo

Project Details

Project Name: Mulberry Grove Sukhumvit
Construction: Completed (Oct 2023)
Floors: 37
Buildings: 1
Units: 287
Project Area: 4,005 SqM
Nearest Landmark Ekkamai BTS - 0.3 Km
Location: Phra Khanong Nuea, Bangkok
Mulberry Grove Sukhumvit 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
Spa Spa
Sauna Sauna
Yoga Area Yoga Area
Onsen Onsen
Indoor Games Room Indoor Games Room
Kids Pool Kids Pool
BBQ Area BBQ Area
Lounge Lounge
Golf Simulator Golf Simulator
Communal Garden Area Communal Garden Area

Popular Facilities at Mulberry Grove Sukhumvit

  • Communal Pool
    32nd Floor
  • Communal Gym
    32nd Floor
  • Lounge
    37th Floor
  • Spa
    32nd Floor
  • Onsen
    32nd Floor

Available Units at Mulberry Grove Sukhumvit

Get notified when new homes are being added to Mulberry Grove Sukhumvit
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Loan Calculator

Payment Plan

1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
5%
2nd Installment
Down Payment
15%
3rd Installment
On handover
80%
2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
5%
2nd Installment
Down Payment
15%
3rd Installment
On handover
80%

Frequently Asked Questions

No pets are allowed at Mulberry Grove Sukhumvit 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 ฿95 per square meter based on the size of indoor area of the property and is ฿5,368 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 Mulberry Grove Sukhumvit the required payment for the sinking fund is ฿1,000 per square meter based on the size of the indoor area of the property.
Ekkamai BTS is the nearest BTS Station from Mulberry Grove Sukhumvit and it is 0.3 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 Mulberry Grove Sukhumvit you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
5%
2nd Installment
Down Payment
15%
3rd Installment
On handover
80%
2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
5%
2nd Installment
Down Payment
15%
3rd Installment
On handover
80%

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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A new condo project in the Sukhumvit area
Gina L., Canada, 1 year ago
The project is located in the Sukhumvit area with full facilities, such as Sukhumvit Hospital, department stores, schools, hangouts, etc. It's still under construction indeed, but it is very luxurious, seeing from the showroom unit and photos. The common area is probably the most impressive. Unlike projects that are typically made to appeal to the younger generation, this one is actually made to allow for activities in the common area for people of all ages, including children and the elderly. Moreover, there are 5 types of rooms available. Recommendable for large families seeking a residence in the city's center.
Bangkok
Phra Khanong Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Mulberry Grove Sukhumvit

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Year Built
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Location
Number of units
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