1 Bedroom Condo for sale at Punna Residence Oasis 2

(1 Review)
Nong Pa Khrang, Mueang Chiang Mai,Chiang Mai
Unit ID: U148956
1 Bedroom
1 Bathroom
51.23 SqM Size
4 Floor
Dec 2017 Completed

About This Condo

This property is a 51.23 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Punna Residence Oasis 2 project in Nong Pa Khrang, Chiang Mai and was completed in Dec 2017. You can buy this condo for a base price of ฿2,908,000 (฿56,764/SqM).

Urban Oasis: Soothing Comfort & Convenience in Chiang Mai

This 51.23 SqM condo in Chiang Mai is the perfect balance of comfort and convenience. Situated in the Punna Residence Oasis 2 project, the condo consists of one bedroom, one bathroom, and has been constructed to the highest of standards – with completion reached in December 2017. Featuring stylish modern design, this condo is perfect for anyone who enjoys the respite of convenience and solace – right in the heart of the city. The contemporary interior is soothing and comfortable; providing you with a newfound sense of calm and relaxation. This property offers an unbeatable opportunity to purchase a low-cost condo within an exclusive and secure environment. If purchased at the base price of ฿2,908,000 (฿56,764/SqM), the condo is within reach of anyone looking to move to an urban oasis.This condo provides the perfect location for anyone wanting to take advantage of everything Chiang Mai has to offer. With easy access to the city's businesses, attractions, universities, schools, and transportation – perfect for students, professionals, couples, and even retirees.Enquiring on this condo is an opportunity you cannot afford to miss. Not only will it provide you with a modern and convenient lifestyle, but it is also the perfect investment – especially at the base price of ฿2,908,000 (฿56,764/SqM). Make sure to enquire today.

Features

BalconyBalcony

Basic Information

Date Listed Dec 4, 2018
Updated 3 years ago
Property Type Condo
Floor 4
Bedroom 1
Size 51.23 SqM
Price per SqM ฿56,764
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 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.
฿1,537/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U148956

Price Analysis

Great Price
Estimated market value ฿3,452,254
Great
฿2,750,000
Good
Fair
Above
฿4,350,000
Current asking Price: ฿2,908,000
This condo is ฿544,254 BELOW MARKET (-16%) in the Chiang Mai 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
฿2,908,000
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.
฿1,537/mo

Project Details

Project Name: Punna Residence Oasis 2
Developer: Punna Development
Construction: Completed (Dec 2017)
Floors: 8
Buildings: N/A
Units: 152
Project Area: N/A
Nearest Landmark Central Chiangmai - 1.2 Km
Location: Nong Pa Khrang, Chiang Mai
Punna Residence Oasis 2 Project Details

Project Features

Hotel Managed Hotel Managed
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

Available Units at Punna Residence Oasis 2

For Sale 4 For Rent 1
Get notified when new homes are being added to Punna Residence Oasis 2
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Frequently Asked Questions

No pets are allowed at Punna Residence Oasis 2 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 ฿30 per square meter based on the size of indoor area of the property and is ฿1,537 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 Punna Residence Oasis 2 the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Central Chiangmai is the nearest Shopping Mall from Punna Residence Oasis 2 and it is 1.2 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 Punna Residence Oasis 2 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
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo perfectly meets an urban lifestyle.
Jason Scott, United States, 7 years ago
Finally, the 1-bedroom room that I reserved is completed. I have moved in for a while and am impressed with the design and interior decoration because it provides strong and durable furniture sets. The facilities in the common area are also available, such as the swimming pool, fitness center, and sauna. The condo's location is considered situated in the city center near the Central Department Store, many shops, and restaurants. Therefore, it is regarded as a condo that meets my urban lifestyle needs.
Chiang Mai
Nong Pa Khrang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Punna Residence Oasis 2

Location
Number of units
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Year Built
Completion Status
Project Name
Location
Number of units
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Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
152
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฿1.56M - ฿4.3M
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฿20K
Year Built
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Location
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Number of units
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Year Built
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Location
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Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
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Completion Status
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Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
฿1.75M
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Year Built
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Completion Status
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Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
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Completion Status
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Number of units
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฿1.7M - ฿4.9M
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Completion Status
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Completion Status
Completed
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