2 Bedroom Condo for sale at Metro Park Sathorn Phase 1

(1 Review)
Bang Wa, Phasi Charoen,Bangkok
Unit ID: U656216
5% Rental Yield
2 Bedrooms
1 Bathroom
56.65 SqM Size
5 Floor
Nov 2007 Completed

About This Condo

This property is a 56.65 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Metro Park Sathorn Phase 1 project in Bang Wa, Bangkok and was completed in Nov 2007. You can buy this condo for a base price of ฿2,266,000 (฿40,000/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Jan 22, 2021
Updated 3 years ago
Property Type Condo
Floor 5
Bedrooms 2
Size 56.65 SqM
Price per SqM ฿40,000
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) 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.
฿1,700/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U656216

Price Analysis

Great Price
Estimated market value ฿2,842,745
Great
฿2,230,000
Good
Fair
Above
฿3,180,000
Current asking Price: ฿2,266,000 | Rental estimate: ฿10,200/mo
This condo is ฿576,745 BELOW MARKET (-20%) 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
฿2,266,000
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.
฿1,700/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 Metro Park Sathorn Phase 1, and the current sales price.
5%

Project Details

Developer: Property Perfect
Construction: Completed (Nov 2007)
Floors: 8
Buildings: 10
Units: 1250
Project Area: 22,400 SqM
Nearest Landmark Bang Wa MRT - 1.3 Km
Location: Bang Wa, Bangkok
Metro Park Sathorn Phase 1 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area
Key card access Key card access
Shuttle Bus Shuttle Bus

Popular Facilities at Metro Park Sathorn Phase 1

  • Communal Pool
    Ground Floor

Available Units at Metro Park Sathorn Phase 1

For Sale 41 For Rent 13
Available Units at Metro Park Sathorn Phase 1
฿1,350,000
฿45,000/SqM
Beds Studio Beds
Baths 1 Baths
Size 30 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished City View
Available Units at Metro Park Sathorn Phase 1
฿1,550,000
฿36,047/SqM
Beds 1 Beds
Baths 1 Baths
Size 43 SqM Size
Thai Quota Fully Furnished
Available Units at Metro Park Sathorn Phase 1
฿1,690,000
฿41,220/SqM
Beds 1 Beds
Baths 1 Baths
Size 41 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished
Available Units at Metro Park Sathorn Phase 1
฿1,200,000
฿38,710/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 31 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Garden View
Available Units at Metro Park Sathorn Phase 1
฿2,650,000
฿46,491/SqM
Good Price
Beds 2 Beds
Baths 1 Baths
Size 57 SqM Size
Floor 6 Floor
Fully Furnished Pool View
Available Units at Metro Park Sathorn Phase 1
฿1,570,000
฿56,071/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 6 Floor
Fully Furnished Pool View
Available Units at Metro Park Sathorn Phase 1
฿2,800,000
฿48,276/SqM
Good Price
Beds 2 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished
Available Units at Metro Park Sathorn Phase 1
฿1,800,000
฿58,065/SqM
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Available Units at Metro Park Sathorn Phase 1
฿1,500,000
฿35,714/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Metro Park Sathorn Phase 1
฿2,100,000
฿36,207/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Metro Park Sathorn Phase 1
฿1,290,000
฿43,000/SqM
Beds Studio Beds
Baths 1 Baths
Size 30 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Metro Park Sathorn Phase 1
฿2,100,000
฿36,207/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Metro Park Sathorn Phase 1
฿1,290,000฿1,425,000
฿41,613/SqM
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 6 Floor
Thai Quota Park View
Available Units at Metro Park Sathorn Phase 1
฿1,750,000
฿41,667/SqM
Beds 1 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished Pool View
Available Units at Metro Park Sathorn Phase 1
฿2,350,000
฿41,228/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 57 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Garden View
Available Units at Metro Park Sathorn Phase 1
฿1,400,000
฿40,299/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.74 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished
Available Units at Metro Park Sathorn Phase 1
฿1,500,000
฿34,884/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 43 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished Pool View
Available Units at Metro Park Sathorn Phase 1
฿2,580,000
฿35,342/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 73 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished Pool View
Available Units at Metro Park Sathorn Phase 1
฿1,430,000
฿47,524/SqM
Beds Studio Beds
Baths 1 Baths
Size 30.09 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished Pool View
Available Units at Metro Park Sathorn Phase 1
฿1,747,000฿1,890,000
฿40,990/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 42.62 SqM Size
Floor 4 Floor
Thai Quota Partly Furnished City View
Available Units at Metro Park Sathorn Phase 1
฿1,550,000฿1,650,000
฿36,047/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 43 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished City View
Available Units at Metro Park Sathorn Phase 1
฿1,880,000
฿33,087/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 56.82 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished City View
Available Units at Metro Park Sathorn Phase 1
฿1,300,000
฿41,100/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.63 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished Park View
Available Units at Metro Park Sathorn Phase 1
฿2,150,000
฿48,864/SqM
Beds 1 Beds
Baths 1 Baths
Size 44 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
Available Units at Metro Park Sathorn Phase 1
฿1,550,000
฿51,667/SqM
Beds Studio Beds
Baths 1 Baths
Size 30 SqM Size
Floor 5 Floor
Thai Quota Unblocked Open View
Available Units at Metro Park Sathorn Phase 1
฿1,290,000฿1,329,000
฿41,613/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 6 Floor
Thai Quota Partly Furnished City View
Available Units at Metro Park Sathorn Phase 1
฿1,803,000
฿45,075/SqM
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Pool View
Available Units at Metro Park Sathorn Phase 1
฿2,266,000
฿40,000/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 56.65 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
Available Units at Metro Park Sathorn Phase 1
฿1,350,000
฿42,681/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31.63 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished City View
Available Units at Metro Park Sathorn Phase 1
฿1,236,000
฿38,625/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Metro Park Sathorn Phase 1
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Frequently Asked Questions

No pets are allowed at Metro Park Sathorn Phase 1 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 ฿30 per square meter based on the size of indoor area of the property and is ฿1,700 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 Metro Park Sathorn Phase 1 the required payment for the sinking fund is ฿350 per square meter based on the size of the indoor area of the property.
Bang Wa MRT is the nearest MRT Station from Metro Park Sathorn Phase 1 and it is 1.3 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 Metro Park Sathorn Phase 1 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 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Peaceful condo suitable for relaxing
Li Wei Huang, China, 8 years ago
The room is quiet and peaceful because the property is not located on the main road and also away from downtown; it's suitable for relaxing. The rooms are available in various styles, starting from a studio room to 3 bedrooms, you can live alone or with family. The rooms are spacious and modern decoration with quality furniture. The kitchen is fully equipped. Facilities are basic requirements such as swimming pools, gardens, fitness room (a little bit far away), etc. You will need a sticker to bring the car onto the project, so let the staff know that you need a parking space; otherwise, you have to place your ID card for every entry. If you don't have a car, there will be a shuttle bus service. Excellent staff, especially Kwan, the maid here. Overall, I'm happy to stay here.
Bangkok
Bang Wa

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Metro Park Sathorn Phase 1

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
1250
Sales Prices
฿2.5M
Monthly Rentals
฿9.9K
Year Built
Jan 2016
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
N/A
Sales Prices
฿1.09M - ฿2.45M
Monthly Rentals
฿6.5K - ฿13K
Year Built
Jan 1999
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
1500
Sales Prices
฿1.49M - ฿2.19M
Monthly Rentals
N/A
Year Built
Jan 2018
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
N/A
Sales Prices
฿1.64M - ฿3.4M
Monthly Rentals
฿7.5K - ฿16K
Year Built
Jan 1999
Completion Status
Completed
Project Name
Passorn 5
Location
Bang Khun Thian, Phasi Charoen, Bangkok
Number of units
76
Sales Prices
฿9.9M
Monthly Rentals
N/A
Year Built
Dec 2005
Completion Status
Completed
Project Name
Nirvana Sathorn
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
86
Sales Prices
฿9.9M - ฿16M
Monthly Rentals
N/A
Year Built
Nov 2009
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
321
Sales Prices
฿4M - ฿4.59M
Monthly Rentals
N/A
Year Built
Jun 2011
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
237
Sales Prices
฿11.8M - ฿12M
▲ 29% overpriced
Monthly Rentals
฿55K
Year Built
Sep 2019
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
640
Sales Prices
฿2.59M - ฿3.85M
▼ -21% underpriced
Monthly Rentals
฿9K - ฿23K
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
639
Sales Prices
฿3.4M - ฿6.17M
▼ -3.7% underpriced
Monthly Rentals
฿11K
Year Built
Dec 2020
Completion Status
Completed
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