2 Bedroom Condo for sale at KnightsBridge Prime On Nut

(1 Review)
Phra Khanong Nuea, Watthana,Bangkok
Unit ID: U641114
6% Rental Yield
2 Bedrooms
2 Bathrooms
54.63 SqM Size
42 Floor
Oct 2020 Completed

About This Condo

This property is a 54.63 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the KnightsBridge Prime On Nut project in Phra Khanong Nuea, Bangkok and was completed in Oct 2020. You can buy this condo for a base price of ฿10,000,000 (฿183,050/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Nov 17, 2020
Updated N/A
Property Type Condo
Floor 42
Bedrooms 2
Size 54.63 SqM
Price per SqM ฿183,050
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, Thai Quota, Company
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly 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.
฿3,005/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U641114

Price Analysis

Great Price
Estimated market value ฿11,749,987
Great
฿11,700,000
Good
Fair
Above
฿11,900,000
Current asking Price: ฿10,000,000 | Rental estimate: ฿45,800/mo
This condo is ฿1,749,987 BELOW MARKET (-15%) 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.
Powered by FazWaz AVM

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.
฿3,005/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.
18
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 KnightsBridge Prime On Nut, and the current sales price.
6%

Project Details

Developer: Origin Property
Construction: Completed (Oct 2020)
Floors: 47
Buildings: 1
Units: 600
Project Area: 3,888 SqM
Nearest Landmark On Nut BTS - 0.5 Km
Location: Phra Khanong Nuea, Bangkok
KnightsBridge Prime On Nut 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
Steam Room Steam Room
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Communal Garden Area Communal Garden Area

Popular Facilities at KnightsBridge Prime On Nut

  • Communal Pool
    37th Floor
  • Library / Reading Room
    1st Floor
  • Co-Working Space / Meeting Room
    37th Floor
  • Communal Garden Area
    37th Floor
  • Communal Gym
    37th Floor
  • Lounge
    38th Floor
Close
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This condo was reserved by another buyer but check out these similar properties

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฿3,390,000
฿147,391/SqM
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฿5,450,000
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฿4,700,000
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Baths 1 Baths
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Floor 29 Floor
Foreign Quota Fully Furnished City View
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฿173,478/SqM
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Thai Quota Fully Furnished City View
Available Units at KnightsBridge Prime On Nut
฿5,990,000
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Size 32 SqM Size
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Foreign Quota Fully Furnished City View
Available Units at KnightsBridge Prime On Nut
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Thai Quota Fully Furnished City View
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Get notified when new homes are being added to KnightsBridge Prime On Nut
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Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at KnightsBridge Prime On Nut 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 ฿55 per square meter based on the size of indoor area of the property and is ฿3,005 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 KnightsBridge Prime On Nut the required payment for the sinking fund is ฿550 per square meter based on the size of the indoor area of the property.
On Nut BTS is the nearest BTS Station from KnightsBridge Prime On Nut and it is 0.5 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 KnightsBridge Prime On Nut you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Fully-functional condo for better living
Octavio Chavarin, Mexico, 3 years ago
I had a chance to visit a new-launched condominium near On-nut BTS, just 650 meters away. The Knightsbridge Prime On Nut is a luxurious condo but simple in a minimal style. It's fantastic as the condo has innovative urban living functions such as automatic parking, electric charging station for vehicles, key card system, finger and facial scan systems. The project also pays attention to green space by adding a garden of over 1 rai for the residents to enjoy nature. The project also has a swimming pool and sky garden to enjoy the city view and the panoramic Chao Phraya River view. Apart from the highlights of the common area, the room also comes with furniture from the leading brands. The living units vary from studio, 1 bedroom, 1 bedroom Plus to 2 bedrooms. The price is affordable, starting at 3 million baht. If you are interested in being my neighbor, you are more than welcome!
Bangkok
Phra Khanong Nuea

Neighborhood Overview

Location and Neighborhood

Street View

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