2 Bedroom Condo for sale at M Silom

(5 Reviews)
Suriyawong, Bang Rak,Bangkok
Unit ID: U155814
4% Rental Yield
Tenant-Occupied until Jun 1, 2024
2 Bedrooms
2 Bathrooms
82 SqM Size
21 Floor
Dec 2012 Completed

About This Condo

This property is a 82 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the M Silom project in Suriyawong, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of ฿17,900,000 (฿218,293/SqM) and it is also available for long term rentals starting from ฿58,000 per month.

Features

BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven TVTV

Basic Information

Date Listed Apr 19, 2023
Updated 3 weeks ago
Property Type Condo
Floor 21
Bedrooms 2
Size 82 SqM
Price per SqM ฿218,293
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
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) 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.
฿3,280/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U155814

Price Analysis

Great Price
Estimated market value ฿29,010,344
Great
฿23,600,000
Good
Fair
Above
฿26,400,000
Current asking Price: ฿17,900,000 | Advertised rental rate: ฿58,000/mo
This condo is ฿11,110,344 BELOW MARKET (-38%) 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
฿17,900,000
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.
฿3,280/mo
Rent
฿58,000/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.
26
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.
4%

Project Details

Project Name: M Silom
Construction: Completed (Dec 2012)
Floors: 53
Buildings: 1
Units: 161
Project Area: 2,112 SqM
Nearest Landmark Chong Nonsi BTS - 1.2 Km
Location: Suriyawong, Bangkok
M Silom 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
Spa Spa
Steam Room Steam Room
Sauna Sauna
Music Room Music Room
BBQ Area BBQ Area
Lounge Lounge
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at M Silom

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    34th Floor
  • Communal Gym
    34th Floor

Available Units at M Silom

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

Loan Calculator

Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at M Silom.
The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿3,280 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.
Chong Nonsi BTS is the nearest BTS Station from M Silom and it is 1.2 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 M Silom 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

4.3 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo at downtown of Silom
Alise Durr, Italy, 3 years ago
Perfect Location! M Silom is a condominium at the downtown of Silom. It is very modern with a fascinating view of Bangkok. It is proper management, near Chong Nonsi BTS Station (500 meters) and Silom MRT Station, only a few steps to these stations. Besides, it is convenient to go to Siam Paragon. In case you don't want to waste your time in rush hour, avoid using cars in this area because the traffic is heavy. However, I would highly recommend it here if you are looking for a place to stay in the heart of the city and be recognized as privacy as well.
Superb condo!
Rachell Goodwyn, United States, 4 years ago
My friends and I relocated to Bangkok. I would like yo find the condo near the BTS station because it's convenient to get around. This condo that I chose is near Chong Nonsri BTS station within walking distance, so you don't have to worry about traffic jams. There is no problem here for those who looked for privacy because there are many room types from 1 to 3 bedrooms. The room that we stayed in is 3 bedrooms with approximately 165 sq.m. It is suitable for 3 of us as there is enough space to enjoy ourselves or spend time together in a shared area. The exterior and interior look modern. On weekends, we often take the BTS Skytrain to Siam Paragon or Central World as there are only two stops, and it is only 10 mins driving. If we didn't want to go out, we usually spent our time in a common area such as Karaoke and a pool. My friend is a healthy person, so she usually went to the gym. The common area is on the 52nd floor; the view is spectacular. We can do our activities while enjoying a nice view. The area is large enough for you to hang out with friends. The staff there is hospitable. Unfortunately, pets are not allowed here, but we understand that the project may prevent other residents' noise. The price is slightly higher, but the quality is really worth paying for those who look for a fantastic condominium in an excellent location. You won't be disappointed by this condo.
Downtown Condo in CBD Area
Melva Caro, United Kingdom, 5 years ago
I like the color used and decoration of the condo. It is a simple and modern design. I can see the stunning surrounding view because there are quite a few tall buildings in this area. It makes this building stand out and have a clearer view than other buildings. Getting in and out of the condo can be considered as convenient. It is located near to many BTS, MRT, and BRT Stations. So I can travel anywhere easily. However, traveling by car is not recommended because of the traffic jam. It would better to take the Skytrains instead.
M Silom is in a downtown area
Minda Koger, Germany, 5 years ago
Silom is in a downtown area that is accessible for both transportation and food. It takes just about 10 minutes to walk to Chong Nonsi BTS and Sam Yan MRT. In the project, the common area's highlight is the infinity pool placed on the rooftop comes with a Jacuzzi for both indoor and outdoor for relaxation. Modern gym equipment is available and sufficient for the number of residents. My room is on the 21st floor, which you can see the gorgeous view throughout. The room is large for one person, approximately 40 sq.m, with an open kitchen equipped. There have installed shelves and a dining table. There is a small enough space for visitors to hold the party. The room is spaciously decorated classic and elegant in gray-white tones. And the door is equipped with an excellent security system. Impressed & Excellent
An outstanding and worthwhile condo
Pa Contos, United States, 6 years ago
The outstanding high-rise condo with every unit is designed to place in a corner in the building, overlooking the beautiful view through glass windows in the room. Traveling is also convenient, 500 meters close to Chong Nonsi BTS or 7 minutes walking and 14 minutes walking to the Silom MRT. As for the communal site, it's modern, simply decorated, but luxurious. The room interior is spacious and perfectly separated into zones, and fully furnished. The surrounding atmosphere is privacy, ideal for real relaxation. With generous neighbors and helpful staff when some problem occurs, I think this quality condo very worth it!
Bangkok
Suriyawong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby M Silom

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156
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฿6.5M
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Year Built
Jan 2023
Completion Status
Completed
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