2 Bedroom Condo for sale at Siamese Thirty Nine

(5 Reviews)
Khlong Tan Nuea, Watthana,Bangkok
Unit ID: U82936
7% Rental Yield
2 Bedrooms
2 Bathrooms
72 SqM Size
6 Floor
Dec 2013 Completed

About This Condo

This property is a 72 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Siamese Thirty Nine project in Khlong Tan Nuea, Bangkok and was completed in Dec 2013. You can buy this condo for a base price of ฿9,000,000 (฿125,000/SqM) and it is also available for long term rentals starting from ฿50,000 per month.

Features

BalconyBalcony

Basic Information

Date Listed Aug 28, 2018
Updated 3 years ago
Property Type Condo
Floor 6
Bedrooms 2
Size 72 SqM
Price per SqM ฿125,000
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) Blocked View
Unit Type 2E-3
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.
฿3,600/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U82936

Price Analysis

Good Price
Estimated market value ฿9,282,898
Great
฿8,220,000
Good
Fair
Above
฿11,300,000
Current asking Price: ฿9,000,000 | Advertised rental rate: ฿50,000/mo
This condo is ฿282,898 BELOW MARKET (-3%) 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.
฿3,600/mo
Rent
฿50,000/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.
15
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Project Name: Siamese Thirty Nine
Construction: Completed (Dec 2013)
Floors: 7
Buildings: 1
Units: 87
Project Area: 1,832 SqM
Nearest Landmark Phrom Phong BTS - 1.1 Km
Location: Khlong Tan Nuea, Bangkok
Siamese Thirty Nine Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Siamese Thirty Nine

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Communal Garden Area
    Rooftop
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Available Units at Siamese Thirty Nine

For Sale 9 For Rent 15
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Frequently Asked Questions

No pets are allowed at Siamese Thirty Nine 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 ฿50 per square meter based on the size of indoor area of the property and is ฿3,600 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.
Phrom Phong BTS is the nearest BTS Station from Siamese Thirty Nine and it is 1.1 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 Siamese Thirty Nine 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

4.4 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice Condo
Jennette Urena, Thailand, 4 years ago
A cozy condo, the surrounding is green, and there is a leisure garden. The interior is designed by A49 company, the well-known company in Thailand. I'm pretty sure of the construction and architecture designs a lot. The security system is great. The location is close to the Phrom Phong BTS station and Benjasiri Park. It makes my life convenient and more comfortable with a good quality of living.
I love this condo
Joellen Towery, Austria, 4 years ago
I love this place so much as the atmosphere of the project is pleasant and shady. It's a perfect getaway from the metropolitan. My room has a spacious 1 bedroom with furniture from leading brands. There is an open-space kitchen, so the cooking smell can be annoying. The project's location is ideal because it is near the expressway entrance-exit point of Ramindra-At Narong Expressway and Si Rat Expressway. It is much easier and more comfortable to travel around.
Near many amenities
Lavonna Kriner, Germany, 4 years ago
The condo is beautiful, comfortable, and easy to access as it is located near BTS, and there is also a shuttle bus to BTS stations every hour. My room is clean and well-maintained. The building has an excellent security system. The pool is clean, and the view is beautiful. Besides, the room has a wide area. Overall, it is considered okay. This condo is situated in a good location and offers good prices. On the whole, it is okay and closes all the amenities nearby, such as Terminal 21 and Central World Shopping Center.
Condo in Phrom Phong area. Very comfy
Shawanna Gemmill, Canada, 5 years ago
A new condominium in the center of the Phrom Phong area. Just 1.2 kilometers away from Phrom Phong BTS station. I like that it's really convenient to connect to other routes. It's also near 7-11 and the Japanese town. The project is clean and safe. There is a 24-hour security guard. The room size is 46 sq.m with a durable built-in-furniture set.
Condo near Phrom Phong BTS Station, quiet and safe
Alease Mahlum, Turkey, 6 years ago
I am happy to live here; even though the project was completed several years ago, it is still new and has always been well maintained. The room is nice and spacious. Staying alone is not uncomfortable. The first time I moved here, it was fully furnished. There was a small kitchen area and a spacious balcony. It is a quiet condo and good soundproofing. Even if it is located in the city center, there are no outside noises. Furthermore, the project location is conveniently located, only 10-15 minutes walking to the Phrom Phong BTS Station.
Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

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