1 Bedroom Condo for sale at The Niche ID Serithai

4.83 (1 Review)
Khan Na Yao, Khan Na Yao,Bangkok
Unit ID: U160662
5% Rental Yield
฿2,390,000 Great Price
1 Bedroom
1 Bathroom
28.24 SqM Size
5 Floor
Aug 2017 Completed

About This Condo

This property is a 28.24 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Niche ID Serithai project in Khan Na Yao, Bangkok and was completed in Aug 2017. You can buy this condo for a base price of ฿2,390,000 (฿84,632/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 5
Bedroom 1
Size 28.24 SqM
Price per SqM ฿84,632
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%.

Thai Quota
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, Blocked 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.
฿1,073/mo
Listed By
Private Owner
Date Listed May 9, 2019
Last Updated 3 years ago
Unit ID U160662

Price Analysis

Good Price
Estimated market value ฿2,432,378
Great
฿1,650,000
Good
Fair
Above
฿2,600,000
Current asking Price: ฿2,390,000 | Rental estimate: ฿9,150/mo
This condo is ฿42,378 BELOW 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿2,390,000
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.
฿1,073/mo
Est. Rent
฿9,150/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.
22
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 Niche ID Serithai, and the current sales price.
5%

Project Details

Project Name: The Niche ID Serithai
Developer: Sena Development
Construction: Completed (Aug 2017)
Floors: 8
Buildings: N/A
Units: 455
Project Area: N/A
Nearest Landmark Seri Thai Park - 3.6 Km
Location: Khan Na Yao, Bangkok
The Niche ID Serithai 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

Available Units at The Niche ID Serithai

For Sale 4 For Rent 1
Get notified when new homes are being added to The Niche ID Serithai

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Frequently Asked Questions

The common area maintenance fee is ฿38 per square meter based on the size of indoor area of the property and is ฿1,073 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 Niche ID Serithai the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Seri Thai Park is the nearest Park from The Niche ID Serithai and it is 3.6 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 The Niche ID Serithai 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

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A nice resort-style and cozy condo
4.8 Eddy R., Canada, 3 years ago
It's a nice place to live because it's well-kept and fairly new. The room's interior is based on the Made From Her concept, which focuses on comfort. You can find large trees and shady gardens throughout the project, and there are many facilities you can use, such as the swimming pool, the fitness center, the clubhouse, etc. Plus, the neighborhood is filled with complete amenities, such as shops, restaurants, shopping centers, etc. Basically, it is considered good; the only issue is the insufficient parking, it is difficult to find parking, and I sometimes have to park elsewhere. I simply want the project team to resolve this issue as soon as possible.
Bangkok
Khan Na Yao

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Niche ID Serithai

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
Khan Na Yao, Khan Na Yao, Bangkok
Number of units
36
Sales Prices
฿6.02M
Monthly Rentals
N/A
Year Built
Jan 2010
Completion Status
Completed
Location
Khan Na Yao, Khan Na Yao, Bangkok
Number of units
360
Sales Prices
฿2.92M - ฿3.02M
Monthly Rentals
N/A
Year Built
Jun 2008
Completion Status
Completed
Location
Khan Na Yao, Khan Na Yao, Bangkok
Number of units
48
Sales Prices
฿60.4M
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Location
Khan Na Yao, Khan Na Yao, Bangkok
Number of units
77
Sales Prices
฿19.6M
▼ -1.2% underpriced
Monthly Rentals
N/A
Year Built
Jan 2021
Completion Status
Completed
Location
Khan Na Yao, Khan Na Yao, Bangkok
Number of units
181
Sales Prices
฿4.55M - ฿4.62M
Monthly Rentals
฿22.2K
Year Built
Jun 2014
Completion Status
Completed
Location
Khan Na Yao, Khan Na Yao, Bangkok
Number of units
265
Sales Prices
฿11.6M - ฿26.2M
Monthly Rentals
N/A
Year Built
Aug 2015
Completion Status
Completed
Location
Khan Na Yao, Khan Na Yao, Bangkok
Number of units
323
Sales Prices
฿9.96M - ฿11.1M
Monthly Rentals
฿25.2K - ฿60.4K
Year Built
Jan 2018
Completion Status
Completed
Project Name
Niran Residence 8
Location
Khan Na Yao, Khan Na Yao, Bangkok
Number of units
144
Sales Prices
฿594K
Monthly Rentals
N/A
Year Built
Jan 2010
Completion Status
Completed
Location
Khan Na Yao, Khan Na Yao, Bangkok
Number of units
406
Sales Prices
฿3.14M
Monthly Rentals
N/A
Year Built
Dec 2018
Completion Status
Completed
Location
Khan Na Yao, Khan Na Yao, Bangkok
Number of units
136
Sales Prices
฿4.78M
Monthly Rentals
N/A
Year Built
Sep 2019
Completion Status
Completed
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