1 Bedroom Condo for sale at The Key MRT Phetkasem 48

4.67 (1 Review)
Bang Wa, Phasi Charoen,Bangkok
Unit ID: U149806
4% Rental Yield
฿3,665,200 Great Price
1 Bedroom
1 Bathroom
28.50 SqM Size
22 Floor
Dec 2020 Completed

About This Condo

This property is a 28.50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Key MRT Phetkasem 48 project in Bang Wa, Bangkok and was completed in Dec 2020. You can buy this condo for a base price of ฿3,665,200 (฿128,604/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 22
Bedroom 1
Size 28.50 SqM
Price per SqM ฿128,604
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 1
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.
฿1,568/mo
Listed By
Developer
Date Listed Dec 19, 2018
Last Updated
Unit ID U149806

Price Analysis

Great Price
Estimated market value ฿4,039,129
Great
฿4,160,000
Good
Fair
Above
฿4,240,000
Current asking Price: ฿3,665,200 | Rental estimate: ฿11,100/mo
This condo is ฿373,929 BELOW MARKET (-9%) 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
฿3,665,200
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.
฿1,568/mo
Est. Rent
฿11,100/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.
28
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 The Key MRT Phetkasem 48, and the current sales price.
4%

Project Details

Project Name: The Key MRT Phetkasem 48
Developer: N/A
Construction: Completed (Dec 2020)
Floors: 30
Buildings: N/A
Units: 639
Project Area: N/A
Nearest Landmark Bang Wa MRT - 1.3 Km
Location: Phasi Charoen, Bangkok
The Key MRT Phetkasem 48 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

Available Units at The Key MRT Phetkasem 48

For Sale 2 For Rent 1
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Frequently Asked Questions

The common area maintenance fee is ฿55 per square meter based on the size of indoor area of the property and is ฿1,568 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 The Key MRT Phetkasem 48 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Bang Wa MRT is the nearest MRT Station from The Key MRT Phetkasem 48 and it is 1.3 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 The Key MRT Phetkasem 48 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

4.7 out of 5 4.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Luxury Condominium right next to MRT Blue Line
4.7 Momo Saelim, Thailand, 1 year ago
It’s a luxury condominium on the Thon Buri side next to Phetkasem 48 MRT and close to the pier. It is also convenient to travel to the city by car and is within 10 minutes' drive to Seacon Bang Khae and The Mall Bangkae. I like the modern design of the building, from the lobby to the room, which is decorated with standard materials and is complete with built-in furniture. The air circulation system makes the airflow better. There are also facilities including a swimming pool, a fitness center, a meeting room, and a garden. It's a shame that the fitness center is too small for the condo that has over 600 units.
Bangkok
Bang Wa

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Key MRT Phetkasem 48

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 Wa, Phasi Charoen, Bangkok
Number of units
640
Sales Prices
฿2.61M - ฿4.73M
▼ -30% underpriced
Monthly Rentals
฿9.57K - ฿23.2K
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
60
Sales Prices
฿2.96M
▼ -13% underpriced
Monthly Rentals
N/A
Year Built
Oct 2003
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
321
Sales Prices
฿4.03M
Monthly Rentals
N/A
Year Built
Jun 2011
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
418
Sales Prices
฿1.91M
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
1250
Sales Prices
฿1.11M - ฿2.82M
▼ -12% underpriced
Monthly Rentals
฿6.04K - ฿15.6K
Year Built
Nov 2007
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
203
Sales Prices
฿977K
Monthly Rentals
N/A
Year Built
Jan 2011
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
638
Sales Prices
฿1.87M - ฿4.42M
▼ -28% underpriced
Monthly Rentals
฿9.06K
Year Built
Jul 2018
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
402
Sales Prices
฿2.75M
Monthly Rentals
฿9.57K
Year Built
Dec 2020
Completion Status
Completed
Project Name
Passorn 5
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
76
Sales Prices
฿9.97M
Monthly Rentals
N/A
Year Built
Dec 2005
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
835
Sales Prices
฿2.7M - ฿3.38M
▼ -39% underpriced
Monthly Rentals
฿17K - ฿18.1K
Year Built
Dec 2012
Completion Status
Completed
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