1 Bedroom Condo for sale at The Platinum

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Thanon Phet Buri, Ratchathewi,Bangkok
Unit ID: U1030500
1 Bedroom
1 Bathroom
45 SqM Size
18 Floor
Dec 2006 Completed

About This Condo

This property is a 45 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Platinum project in Thanon Phet Buri, Bangkok and was completed in Dec 2006. You can buy this condo for a base price of ฿5,290,000 (฿117,556/SqM).

Features

BalconyBalcony BathtubBathtub Fully RenovatedFully Renovated

Basic Information

Date Listed Sep 15, 2021
Updated 2 years ago
Property Type Condo
Floor 18
Bedroom 1
Size 45 SqM
Price per SqM ฿117,556
Pets N/A
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
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.
฿1,800/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1030500

Price Analysis

Great Price
Estimated market value ฿9,632,820
Great
฿8,430,000
Good
Fair
Above
฿9,950,000
Current asking Price: ฿5,290,000 | Rental estimate: ฿17,500/mo
This condo is ฿4,342,820 BELOW MARKET (-45%) 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

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.
฿1,800/mo

Project Details

Project Name: The Platinum
Developer: N/A
Construction: Completed (Dec 2006)
Floors: 23
Buildings: N/A
Units: 319
Project Area: N/A
Nearest Landmark Ratchaprarop ARL - 0.6 Km
Location: Thanon Phet Buri, Bangkok
The Platinum Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
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Available Units at The Platinum

For Sale 1 For Rent 10
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Frequently Asked Questions

The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿1,800 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.
Ratchaprarop ARL is the nearest Airport Rail Link Station from The Platinum 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 The Platinum 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
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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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Bangkok
Thanon Phet Buri

Neighborhood Overview

Location and Neighborhood

Street View

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