2 Bedroom Condo for sale at Noble Reform

(1 Review)
Sam Sen Nai, Phaya Thai,Bangkok
Unit ID: U1040248
4% Rental Yield
2 Bedrooms
2 Bathrooms
74 SqM Size
10 Floor
Dec 2012 Completed

About This Condo

This property is a 74 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Noble Reform project in Sam Sen Nai, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of ฿13,950,000 (฿188,514/SqM).

Features

BalconyBalcony Washing MachineWashing Machine TVTV

Basic Information

Date Listed Nov 8, 2021
Updated 2 years ago
Property Type Condo
Floor 10
Bedrooms 2
Size 74 SqM
Price per SqM ฿188,514
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.
฿3,700/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1040248

Price Analysis

Above Average
Estimated market value ฿11,109,187
Great
฿8,330,000
Good
Fair
Above
฿14,500,000
Current asking Price: ฿13,950,000 | Rental estimate: ฿47,000/mo
This condo is ฿2,840,813 ABOVE MARKET (26%) 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
฿13,950,000
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.
฿3,700/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.
25
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 Noble Reform, and the current sales price.
4%

Project Details

Project Name: Noble Reform
Developer: Noble Development
Construction: Completed (Dec 2012)
Floors: 22
Buildings: N/A
Units: 191
Project Area: N/A
Nearest Landmark Ari BTS - 0.2 Km
Location: Sam Sen Nai, Bangkok
Noble Reform Project Details

Project Features

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
Sauna Sauna
BBQ Area BBQ Area

Available Units at Noble Reform

For Sale 7 For Rent 17
Get notified when new homes are being added to Noble Reform
View All (7)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Noble Reform 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 ฿3,700 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 Noble Reform the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Ari BTS is the nearest BTS Station from Noble Reform and it is 0.2 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 Noble Reform 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
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good location in Soi Ari
Chanita D., Thailand, 4 years ago
If you're looking for a condo surrounding street food, markets, or restaurants, this condo is the perfect answer. The condo area is mostly crowded and lively since it is near the headquarters and government offices. There are many shops and restaurants in the neighborhood. Importantly, the condo is a 5-minute walk to Ari BTS. My room is a one-bedroom unit. The rooms are spacious and beautifully designed. However, the only disadvantage is that the balcony is tiny, and so is the garden on the 21st and 22nd floors. Other than that, everything is perfect.
Bangkok
Sam Sen Nai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Noble Reform

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
Sam Sen Nai, Phaya Thai, Bangkok
Number of units
250
Sales Prices
฿3.9M - ฿5M
Monthly Rentals
฿14K
Year Built
Dec 2006
Completion Status
Completed
Project Name
Noble Reflex
Location
Sam Sen Nai, Phaya Thai, Bangkok
Number of units
210
Sales Prices
฿6.39M - ฿19M
▲ 3% overpriced
Monthly Rentals
฿24K - ฿40K
Year Built
Dec 2008
Completion Status
Completed
Project Name
Noble ReD
Location
Sam Sen Nai, Phaya Thai, Bangkok
Number of units
272
Sales Prices
฿7.3M - ฿12.4M
▼ -1.7% underpriced
Monthly Rentals
฿19K - ฿50K
Year Built
Dec 2012
Completion Status
Completed
Project Name
The Fah Aree
Location
Sam Sen Nai, Phaya Thai, Bangkok
Number of units
N/A
Sales Prices
฿10M
Monthly Rentals
฿100K
Year Built
Jan 2010
Completion Status
Completed
Location
Sam Sen Nai, Phaya Thai, Bangkok
Number of units
N/A
Sales Prices
฿3.9M - ฿8M
Monthly Rentals
N/A
Year Built
Jan 2000
Completion Status
Completed
Project Name
Via ARI
Location
Sam Sen Nai, Phaya Thai, Bangkok
Number of units
114
Sales Prices
฿7.99M - ฿46M
Monthly Rentals
N/A
Year Built
Nov 2026
Completion Status
Off Plan
Location
Sam Sen Nai, Phaya Thai, Bangkok
Number of units
79
Sales Prices
฿5.4M - ฿9.5M
Monthly Rentals
฿22K - ฿45K
Year Built
Dec 2007
Completion Status
Completed
Project Name
Noble Lite
Location
Sam Sen Nai, Phaya Thai, Bangkok
Number of units
217
Sales Prices
฿8.93M
▼ -18% underpriced
Monthly Rentals
฿14K - ฿30K
Year Built
Jan 2006
Completion Status
Completed
Project Name
The Vertical Aree
Location
Sam Sen Nai, Phaya Thai, Bangkok
Number of units
189
Sales Prices
฿5.46M - ฿14.5M
▼ -6.3% underpriced
Monthly Rentals
฿21K - ฿45K
Year Built
Dec 2010
Completion Status
Completed
Location
Sam Sen Nai, Phaya Thai, Bangkok
Number of units
79
Sales Prices
฿11.5M
Monthly Rentals
฿19K - ฿45K
Year Built
Dec 2009
Completion Status
Completed
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