1 Bedroom Condo for sale at The Seed Memories Siam

(1 Review)
Wang Mai, Pathum Wan,Bangkok
Unit ID: U776570
4% Rental Yield
1 Bedroom
1 Bathroom
41.25 SqM Size
8 Floor
Dec 2010 Completed

About This Condo

This property is a 41.25 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Seed Memories Siam project in Wang Mai, Bangkok and was completed in Dec 2010. You can buy this condo for a base price of ฿5,900,000 (฿143,030/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Apr 21, 2021
Updated 2 months ago
Property Type Condo
Floor 8
Bedroom 1
Size 41.25 SqM
Price per SqM ฿143,030
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
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U776570

Price Analysis

Great Price
Estimated market value ฿6,288,910
Great
฿7,070,000
Good
Fair
Above
฿8,330,000
Current asking Price: ฿5,900,000 | Rental estimate: ฿21,600/mo
This condo is ฿388,910 BELOW MARKET (-6%) 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
฿5,900,000
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.
23
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 Seed Memories Siam, and the current sales price.
4%

Project Details

Project Name: The Seed Memories Siam
Developer: Pruksa Real Estate
Construction: Completed (Dec 2010)
Floors: 8
Buildings: 2
Units: 303
Project Area: 5,268 SqM
Nearest Landmark National Stadium BTS - 0.2 Km
Location: Wang Mai, Bangkok
The Seed Memories Siam Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Walking / Running Track Walking / Running Track
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Seed Memories Siam

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Communal Garden Area
    Ground Floor

Available Units at The Seed Memories Siam

For Sale 9 For Rent 17
Get notified when new homes are being added to The Seed Memories Siam
View All (9)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Seed Memories Siam unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
National Stadium BTS is the nearest BTS Station from The Seed Memories Siam and it is 0.2 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 Seed Memories Siam 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
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The location is rare, close to the Siam Square area
Pete Hegde, Germany, 3 years ago
The project location is considered rare to find. I think I can't find a spot like this anymore in the middle of a city like this. The selling point is the project's location. You can walk to the shopping malls such as Siam Paragon, Siam Center, and MBK Center in just a few minutes from the project. It is also convenient for CU students since it is so close to Chulalongkorn University. The project has included complete common areas such as a swimming pool, a fitness center, a garden, and a playground. The interior of the room is well designed. However, the decoration of some materials, I still don't like much. There is a standard, but it looks useless. A rare location doesn't mean it's good for using a private car as the road in front of the condo connects to the Siam area is busy. Also, if you choose to travel by BTS, it's very convenient.
Bangkok
Wang Mai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Seed Memories Siam

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Location
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