2 Bedroom Condo for sale at Icon III

 (Write Review)
Khlong Tan Nuea, Watthana,Bangkok
Unit ID: U1045226
4% Rental Yield
2 Bedrooms
1 Bathroom
90 SqM Size
26 Floor
Dec 2005 Completed

About This Condo

This property is a 90 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Icon III project in Khlong Tan Nuea, Bangkok and was completed in Dec 2005. You can buy this condo for a base price of ฿13,900,000 (฿154,444/SqM).

Features

Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Nov 30, 2021
Updated 2 years ago
Property Type Condo
Floor 26
Bedrooms 2
Size 90 SqM
Price per SqM ฿154,444
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) Unblocked Open View
Unit Type N/A
Building Icon III
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 U1045226

Price Analysis

Above Average
Estimated market value ฿11,887,324
Great
฿7,860,000
Good
Fair
Above
฿12,200,000
Current asking Price: ฿13,900,000 | Rental estimate: ฿45,200/mo
This condo is ฿2,012,676 ABOVE MARKET (17%) 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
฿13,900,000
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.
26
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 Icon III, and the current sales price.
4%

Project Details

Project Name: Icon III
Construction: Completed (Dec 2005)
Floors: 33
Buildings: 1
Units: 161
Project Area: N/A
Nearest Landmark Thong Lo BTS - 1.6 Km
Location: Khlong Tan Nuea, Bangkok
Icon III 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
Sauna Sauna

Popular Facilities at Icon III

  • Communal Pool
    7th Floor
  • Communal Gym
    7th Floor

Available Units at Icon III

For Sale 11 For Rent 12
Get notified when new homes are being added to Icon III
View All (11)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Icon III unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Thong Lo BTS is the nearest BTS Station from Icon III and it is 1.6 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 Icon III 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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Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Icon III

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
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Project Name
Location
Number of units
Sales Prices
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Project Name
The Height
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
52
Sales Prices
฿14M - ฿49M
▼ -5% underpriced
Monthly Rentals
฿60K - ฿300K
Year Built
Dec 2005
Completion Status
Completed
Project Name
Noble Ora
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
210
Sales Prices
฿9M - ฿17M
▲ 10% overpriced
Monthly Rentals
฿35K - ฿110K
Year Built
Dec 2009
Completion Status
Completed
Project Name
AESTIQ Thonglor
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
203
Sales Prices
฿11.3M
Monthly Rentals
N/A
Year Built
Dec 2022
Completion Status
Completed
Project Name
Ivy Thonglor
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
447
Sales Prices
฿5M - ฿16M
▼ -3% underpriced
Monthly Rentals
฿15K - ฿140K
Year Built
Jan 2010
Completion Status
Completed
Project Name
Icon II
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
24
Sales Prices
฿30M
Monthly Rentals
N/A
Year Built
Dec 2014
Completion Status
Completed
Project Name
Icon I
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
28
Sales Prices
฿19M
Monthly Rentals
฿55K - ฿75K
Year Built
Jan 2018
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
546
Sales Prices
฿7.3M - ฿20.8M
▲ 12% overpriced
Monthly Rentals
N/A
Year Built
Jan 2024
Completion Status
Completed
Project Name
Thonglor Tower
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
700
Sales Prices
฿2.9M - ฿15M
▼ -22.7% underpriced
Monthly Rentals
฿15K - ฿45K
Year Built
Jan 1995
Completion Status
Completed
Project Name
Baan Chan
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
96
Sales Prices
฿6.5M - ฿14M
▼ -22.5% underpriced
Monthly Rentals
฿16.5K - ฿55K
Year Built
Dec 1987
Completion Status
Completed
Project Name
The Clover
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
590
Sales Prices
฿3.5M - ฿16.6M
▼ -6.3% underpriced
Monthly Rentals
฿14K - ฿85K
Year Built
Dec 2009
Completion Status
Completed
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