1 Bedroom Condo for sale at Siamese Sukhumvit 87

4.25 (1 Review)
Bang Chak, Phra Khanong,Bangkok
Unit ID: U1150364
4% Rental Yield
฿7,290,000
1 Bedroom
1 Bathroom
50.46 SqM Size
21 Floor
Feb 2021 Completed

About This Condo

This property is a 50.46 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Siamese Sukhumvit 87 project in Bang Chak, Bangkok and was completed in Feb 2021. You can buy this condo for a base price of ฿7,290,000 (฿144,471/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 21
Bedroom 1
Size 50.46 SqM
Price per SqM ฿144,471
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 - 1E
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.
฿3,028/mo
Listed By
Developer
Date Listed Sep 12, 2022
Last Updated 6 days ago
Unit ID U1150364

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿7,290,000
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.
฿3,028/mo
Est. Rent
฿22,500/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.
27
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 Siamese Sukhumvit 87, and the current sales price.
4%

Project Details

Project Name: Siamese Sukhumvit 87
Developer: Siamese Asset
Construction: Completed (Feb 2021)
Floors: 25
Buildings: 1
Units: 372
Project Area: 1,600 SqM
Nearest Landmark On Nut BTS - 0.6 Km
Location: Phra Khanong, Bangkok
Siamese Sukhumvit 87 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

Popular Facilities at Siamese Sukhumvit 87

  • Communal Pool
    1st Floor

Available Units at Siamese Sukhumvit 87

For Sale 8 For Rent 1
Get notified when new homes are being added to Siamese Sukhumvit 87

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 Siamese Sukhumvit 87 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 ฿60 per square meter based on the size of indoor area of the property and is ฿3,028 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 Siamese Sukhumvit 87 the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
On Nut BTS is the nearest BTS Station from Siamese Sukhumvit 87 and it is 0.6 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 Siamese Sukhumvit 87 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

4.3 out of 5 4.25
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Loft units - double ceiling height
4.3 Marciano brewster, Netherlands, Visitor, 2 years ago
Lofts are definitely in trend, and have a functional layout. Due to the high ceiling (4.2m) the units feel very spacious regardless of their floor size. Clever storage opportunities and the kitchen can be separated from the living room with a sliding door.
Bangkok
Bang Chak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Siamese Sukhumvit 87

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
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
940
Sales Prices
฿2.82M - ฿9.57M
▼ -10.8% underpriced
Monthly Rentals
฿10.1K - ฿45.3K
Year Built
Dec 2013
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
487
Sales Prices
฿3.2M - ฿4.18M
▼ -7% underpriced
Monthly Rentals
฿13.1K - ฿17.6K
Year Built
Dec 2019
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
634
Sales Prices
฿1.51M - ฿3.02M
Monthly Rentals
฿7.05K - ฿16.1K
Year Built
Dec 2013
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
146
Sales Prices
฿3.17M
▲ 16% overpriced
Monthly Rentals
฿7.86K - ฿15.1K
Year Built
Dec 2008
Completion Status
Completed
Project Name
Ideo Sukhumvit 93
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
1332
Sales Prices
฿3.52M - ฿10.4M
▼ -9.9% underpriced
Monthly Rentals
฿10.1K - ฿75.5K
Year Built
Dec 2018
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
368
Sales Prices
฿1.86M
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
93
Sales Prices
฿3.51M - ฿5.04M
▼ -41% underpriced
Monthly Rentals
฿15.1K - ฿23.2K
Year Built
Jan 2012
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
358
Sales Prices
฿4.22M - ฿6.04M
▲ 7% overpriced
Monthly Rentals
฿13.6K - ฿27.2K
Year Built
Dec 2012
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
166
Sales Prices
฿3.31M - ฿4.87M
▼ -11.1% underpriced
Monthly Rentals
฿11.1K - ฿16.1K
Year Built
Dec 2017
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
73
Sales Prices
฿4.88M - ฿12.1M
▼ -10% underpriced
Monthly Rentals
฿18.1K - ฿47.3K
Year Built
Dec 2009
Completion Status
Completed
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