1 Bedroom Condo for sale at The Parkland Phetkasem 56

(1 Review)
Bang Wa, Phasi Charoen,Bangkok
Unit ID: U589758
5% Rental Yield
1 Bedroom
1 Bathroom
30 SqM Size
23 Floor
Jul 2020 Completed

About This Condo

This property is a 30 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Parkland Phetkasem 56 project in Bang Wa, Bangkok and was completed in Jul 2020. You can buy this condo for a base price of ฿2,321,000 (฿77,367/SqM).

Features

Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed May 26, 2020
Updated 3 years ago
Property Type Condo
Floor 23
Bedroom 1
Size 30 SqM
Price per SqM ฿77,367
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%.

Thai Quota
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Unblocked Open 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.
฿1,350/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U589758

Investment Opportunity: Charges & Yield

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.
฿1,350/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.
21
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 Parkland Phetkasem 56, and the current sales price.
5%

Project Details

Developer: Narai Property
Construction: Completed (Jul 2020)
Floors: 32
Buildings: 3
Units: 2047
Project Area: 22,049 SqM
Nearest Landmark Phetkasem 48 MRT - 0.1 Km
Location: Bang Wa, Bangkok
The Parkland Phetkasem 56 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Basketball Court Basketball Court
Yoga Area Yoga Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Mini Theater Mini Theater
Outdoor Kids Zone Outdoor Kids Zone
Library / Reading Room Library / Reading Room
Golf Simulator Golf Simulator
Outdoor Putting Green Outdoor Putting Green
Pool / Snooker Table Pool / Snooker Table
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Parkland Phetkasem 56

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    6th Floor
  • Communal Gym
    6th Floor
  • Communal Pool
    5th Floor
  • Sauna
    5th Floor
  • Golf Simulator
    5th Floor
  • Lounge
    Rooftop
  • Communal Gym
    3rd Floor
  • Library / Reading Room
    3rd Floor
  • Communal Garden Area
    Ground Floor
  • Co-Working Space / Meeting Room
    Ground Floor
  • Basketball Court
    Ground Floor
  • Indoor Games Room
    3rd Floor
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Payment Plan

Installment Milestone Payment
1st Installment
On handover
100%

Frequently Asked Questions

No pets are allowed at The Parkland Phetkasem 56 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 ฿45 per square meter based on the size of indoor area of the property and is ฿1,350 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 Parkland Phetkasem 56 the required payment for the sinking fund is ฿450 per square meter based on the size of the indoor area of the property.
Phetkasem 48 MRT is the nearest MRT Station from The Parkland Phetkasem 56 and it is 0.1 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 Parkland Phetkasem 56 you have to follow these steps:

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

 


Installment Milestone Payment
1st Installment
On handover
100%

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

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FazWaz Estimate : ฿5,550,000
Price Rating : Great 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
Great project and the excellent service
Chris Collier, Australia, 4 years ago
I pity moving out here. I have lived in the condo for two years, and it feels cozy like home to me. I have excellent memories of this project, whether it's because of the best service, the good management team, or the reasonable price. Furthermore, the location is in the heart of complete conveniences. Plus, the Lak Song MRT station is only a few steps away. I can ensure that it is easy to travel anywhere and do not need a personal car at all.
Bangkok
Bang Wa

Neighborhood Overview

Location and Neighborhood

Street View

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