1 Bedroom Condo for sale at XVI The Sixteenth Condominium

(1 Review)

Khlong Toei, Khlong Toei,Bangkok

Unit ID: U891426

4% Rental Yield

Tenant-Occupied until Mar 25, 2025

1 Bedroom

1 Bathroom

40 SqM Size

8 Floor

Dec 2010 Completed

(1 Review)

Sale Price

฿5,000,000

Great Price

About This Condo

This property is a 40 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the XVI The Sixteenth Condominium project in Khlong Toei, Bangkok and was completed in Dec 2010. You can buy this condo for a base price of ฿5,000,000 (฿125,000/SqM) and it is also available for long term rentals starting from ฿18,000 per month.

Features

Balcony

Washing Machine

Basic Information

Date Listed May 11, 2021

Updated 2 months ago

Property Type Condo

Floor 8

Bedroom 1

Size 40 SqM

Price per SqM ฿125,000

Pets Not Allowed

Condo Ownership

Foreign Quota

Furniture

Fully Furnished

View(s) City View

Unit Type N/A

Building N/A

CAM Fee

฿1,400/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U891426

Price Analysis

Great Price

Estimated market value ฿7,419,048

Great

Good

Fair

Above

Current asking Price: ฿5,000,000 | Advertised rental rate: ฿18,000/mo

This condo is ฿2,419,048 BELOW MARKET (-33%) 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.

Investment Opportunity: Charges & Yield

Sale Price

฿5,000,000

CAM Fee

฿1,400/mo

Rent

฿18,000/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: XVI The Sixteenth Condominium

Developer: Alpine Asset Co., Ltd.

Construction: Completed (Dec 2010)

Floors: 8

Buildings: 1

Units: 76

Project Area: 924 SqM

Nearest Landmark Queen Sirikit National Convention Centre MRT - 0.3 Km

Location: Khlong Toei, Bangkok

XVI The Sixteenth Condominium Project Details

Project Features

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Car Parking

Reception / Lobby Area

Communal Garden Area

Shuttle Bus

Available Units at XVI The Sixteenth Condominium

For Sale 7 For Rent 10

All
Studio
1 Bed

Foreign Quota Fully Furnished Unblocked Open View

Foreign Quota Fully Furnished City View

Foreign Quota Fully Furnished City View

Foreign Quota Fully Furnished City View

Foreign Quota Fully Furnished City View

Thai Quota Fully Furnished City View

Get notified when new homes are being added to XVI The Sixteenth Condominium

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Frequently Asked Questions

No pets are allowed at XVI The Sixteenth Condominium 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 ฿35 per square meter based on the size of indoor area of the property and is ฿1,400 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.

Queen Sirikit National Convention Centre MRT is the nearest MRT Station from XVI The Sixteenth Condominium and it is 0.3 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.

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Reviews

4.5 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

A private place, close to the shopping center

Zani Wiriya, Thailand, 7 years ago

I've rented a 2-bedroom condo here with my friend. The room is spacious, styled in modern, and fully furnished. Since the project has been launched for many years, something may be worn out, such as the paint on the wall on the balcony peeling off, but that's okay. The project is beautifully decorated and provides complete facilities to its residents, including the swimming pool, gym, garden, and shuttle bus service to the nearest MRT station, such an impressive point for me as it's time-saving and convenient. Besides, the location is close to many amenities, such as convenience stores and large shopping malls like Terminal 21. It's such a heaven for shop lovers because of the convenience and closes of the mall.

Bangkok

Khlong Toei

Neighborhood Overview

Buy
฿2.1M - ฿499M
For Sale on FazWaz
501 properties
Rent
฿3.19K - ฿477K
For Rent on FazWaz
1,000 properties
To Queen Sirikit National Convention Centre MRT
2.4 km / 4 minutes by driving
To Don Mueang Airport
26.5 km / 31 minutes by driving