2 Bedroom Condo for sale at Supalai Veranda Phasi Charoen Station

(1 Review)
Bang Wa, Phasi Charoen,Bangkok
Unit ID: U152890
6% Rental Yield
2 Bedrooms
2 Bathrooms
66 SqM Size
21 Floor
Dec 2020 Completed

About This Condo

This property is a 66 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Supalai Veranda Phasi Charoen Station project in Bang Wa, Bangkok and was completed in Dec 2020. You can buy this condo for a base price of ฿4,274,000 (฿64,758/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jan 24, 2019
Updated 4 years ago
Property Type Condo
Floor 21
Bedrooms 2
Size 66 SqM
Price per SqM ฿64,758
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%.

Foreign Quota
Furniture
Unfurnished
View(s) City View
Unit Type 2BR
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.
฿2,310/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U152890

Price Analysis

Great Price
Estimated market value ฿4,749,132
Great
฿4,830,000
Good
Fair
Above
฿5,060,000
Current asking Price: ฿4,274,000 | Rental estimate: ฿21,800/mo
This condo is ฿475,132 BELOW MARKET (-10%) 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.
฿2,310/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.
16
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 2 bedroom condos at Supalai Veranda Phasi Charoen Station, and the current sales price.
6%

Project Details

Construction: Completed (Dec 2020)
Floors: 34
Buildings: N/A
Units: 1802
Project Area: N/A
Nearest Landmark Phetkasem 48 MRT - 0.3 Km
Location: Bang Wa, Bangkok
Supalai Veranda Phasi Charoen Station Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
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Frequently Asked Questions

No pets are allowed at Supalai Veranda Phasi Charoen Station 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 ฿2,310 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 Supalai Veranda Phasi Charoen Station the required payment for the sinking fund is ฿350 per square meter based on the size of the indoor area of the property.
Phetkasem 48 MRT is the nearest MRT Station from Supalai Veranda Phasi Charoen Station 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.

 

Read more here

After you have found the right property at Supalai Veranda Phasi Charoen Station 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Exceptional condo with rating 9 out of 10 points.
Paul Ed., Australia, 2 years ago
It’s a new condominium project, perfect for both location and construction materials, and complete facilities, such as a large fitness center and security system that meets the residents’ needs. It is also close to a main road that is convenient for traveling by personal car and the Blue Line MRT which is easily accessible in only a few steps away. It is also near the shopping malls and fresh food markets. This project offers a spacious area with a balcony, which suits 2 people at a reasonable price when compared to other projects.
Bangkok
Bang Wa

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Supalai Veranda Phasi Charoen Station

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
Bang Wa, Phasi Charoen, Bangkok
Number of units
2167
Sales Prices
฿1.9M - ฿4.5M
▼ -38% underpriced
Monthly Rentals
฿9.99K - ฿32K
Year Built
Mar 2023
Completion Status
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Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
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฿3.58M - ฿4.92M
Monthly Rentals
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Year Built
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Completion Status
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Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
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Sales Prices
฿1.94M - ฿3.85M
▼ -35% underpriced
Monthly Rentals
฿8.49K - ฿23K
Year Built
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Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
185
Sales Prices
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Monthly Rentals
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Year Built
Jan 2015
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
1278
Sales Prices
฿1.8M - ฿2.2M
Monthly Rentals
฿7.99K - ฿11K
Year Built
Jan 2018
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
404
Sales Prices
฿1.39M
Monthly Rentals
N/A
Year Built
Jul 2014
Completion Status
Completed
Project Name
Pattarasorn Place
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
158
Sales Prices
฿679K
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Bang Khae Nuea, Phasi Charoen, Bangkok
Number of units
138
Sales Prices
฿4.99M - ฿5.66M
▼ -6% underpriced
Monthly Rentals
฿35K
Year Built
Dec 2009
Completion Status
Completed
Location
Bang Duan, Phasi Charoen, Bangkok
Number of units
252
Sales Prices
฿3.3M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
418
Sales Prices
฿1.7M - ฿2.37M
Monthly Rentals
฿6.49K
Year Built
Jan 2013
Completion Status
Completed
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