2 Bedroom Condo for sale at Sathorn Prime Residence

(4 Reviews)
Thung Wat Don, Sathon,Bangkok
Unit ID: U659662
4% Rental Yield
2 Bedrooms
2 Bathrooms
120.05 SqM Size
28 Floor
Dec 2008 Completed

About This Condo

This property is a 120.05 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Sathorn Prime Residence project in Thung Wat Don, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿17,407,250 (฿145,000/SqM).

A Grand Abode: Unrivaled Elegance & Luxury in Bangkok Sathorn

"Welcome to this residually chic Sathorn Heritage condo for sale! Step inside and be welcomed by a harmonious sparkle of 120.05 square meters of sheer elegance. This abode highlights two stylish bedrooms, two lavishly serene bathrooms, and an incomparable living space available at the most competitive price of ฿145,000/sq. m.Located at the prestigious Thung Wat Don district in the vibrant city of Bangkok, this property opportunity could be yours the minute you enquire. Finished in Dec 2008 with high-grade materials and sophisticated design, this condo is the epitome of easy lifestyle convenience and contemporary class.Imagine unlocking a new door every day and being welcomed by warm natural light that trickles through the vast floor-to-ceiling windows. Walk into a practical and tasteful interior where you can enjoy cozy moments with family and friends, or even those precious solo moments. The possibilities are nearly endless when you take the leap and invest in this new abode.The listed base price of ฿17,407,250 (฿145,000/sq. m) provides an incredible opportunity for a low budget and everything else your home needs. Not to mention, with all the amenities of the community (swimming pool, fitness center, etc.), city restaurants and culture to explore, you will never be wanting for something more from this property.What are you waiting for? Open the new door of opportunity and inquire now to take advantage of this grand residence."

Features

BalconyBalcony

Basic Information

Date Listed Feb 3, 2021
Updated N/A
Property Type Condo
Floor 28
Bedrooms 2
Size 120.05 SqM
Price per SqM ฿145,000
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%.

Foreign Quota, Thai Quota
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City View
Unit Type 2BR
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.
฿4,802/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U659662

Price Analysis

Good Price
Estimated market value ฿18,168,769
Great
฿18,300,000
Good
Fair
Above
฿18,900,000
Current asking Price: ฿17,407,250 | Rental estimate: ฿61,300/mo
This condo is ฿761,519 BELOW MARKET (-4%) 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
฿17,407,250
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.
฿4,802/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.
24
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 Sathorn Prime Residence, and the current sales price.
4%

Project Details

Project Name: Sathorn Prime Residence
Construction: Completed (Dec 2008)
Floors: 38
Buildings: 1
Units: 180
Project Area: 10,764 SqM
Nearest Landmark Chong Nonsi BTS - 0.8 Km
Location: Thung Wat Don, Bangkok
Sathorn Prime Residence Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Spa Spa
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Massage Room Massage Room
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Key card access Key card access

Popular Facilities at Sathorn Prime Residence

  • Reception / Lobby Area
    2nd Floor
  • Communal Pool
    2nd Floor
  • Communal Gym
    3rd Floor
  • Communal Garden Area
    2nd Floor

Available Units at Sathorn Prime Residence

For Sale 62 For Rent 8
Available Units at Sathorn Prime Residence
฿6,810,000
฿100,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 68.10 SqM Size
Floor 19 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿6,810,000
฿100,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 68.10 SqM Size
Floor 29 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿11,644,000
฿100,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 116.44 SqM Size
Floor 26 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿18,488,000
฿100,478/SqM
Beds 3 Beds
Baths 3 Baths
Size 184 SqM Size
Floor 31 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿12,900,000
฿107,500/SqM
Beds 2 Beds
Baths 2 Baths
Size 120 SqM Size
Floor 20 Floor
Foreign Quota Partly Furnished City View
Available Units at Sathorn Prime Residence
฿16,301,600
฿140,000/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 116.44 SqM Size
Floor 23 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿8,800,000
฿137,500/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 64 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Sathorn Prime Residence
฿8,500,000
฿126,866/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 67 SqM Size
Floor 27 Floor
Foreign Quota Fully Furnished City View
Available Units at Sathorn Prime Residence
฿11,000,000
฿164,179/SqM
Beds 1 Beds
Baths 1 Baths
Size 67 SqM Size
Floor 25 Floor
Foreign Quota Fully Furnished City View
Available Units at Sathorn Prime Residence
฿9,534,000
฿140,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 68.10 SqM Size
Floor 23 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿6,800,000
฿100,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 68 SqM Size
Floor 29 Floor
Thai Quota Fully Furnished City View
Available Units at Sathorn Prime Residence
฿16,301,600
฿140,000/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 116.44 SqM Size
Floor 22 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿16,500,000
฿132,000/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 125 SqM Size
Floor 26 Floor
Fully Furnished City View
Available Units at Sathorn Prime Residence
฿16,301,600฿17,521,965
฿140,000/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 116.44 SqM Size
Floor 22 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿16,301,600
฿140,000/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 116.44 SqM Size
Floor 21 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿9,534,000
฿140,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 68.10 SqM Size
Floor 22 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿9,405,200฿10,563,606
฿140,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 67.18 SqM Size
Floor 23 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿9,534,000
฿140,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 68.10 SqM Size
Floor 23 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿16,301,600
฿140,000/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 116.44 SqM Size
Floor 23 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿9,534,000
฿140,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 68.10 SqM Size
Floor 22 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿16,301,600
฿140,000/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 116.44 SqM Size
Floor 22 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿16,301,600
฿140,000/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 116.44 SqM Size
Floor 21 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿9,534,000
฿140,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 68.10 SqM Size
Floor 22 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿9,741,100
฿145,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 67.18 SqM Size
Floor 31 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿16,301,600
฿140,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 116.44 SqM Size
Floor 21 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿9,741,100
฿145,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 67.18 SqM Size
Floor 26 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿9,741,100
฿145,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 67.18 SqM Size
Floor 31 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿16,807,000
฿140,000/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 120.05 SqM Size
Floor 22 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿16,807,000
฿140,000/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 120.05 SqM Size
Floor 22 Floor
Foreign Quota City View
Available Units at Sathorn Prime Residence
฿9,741,100
฿145,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 67.18 SqM Size
Floor 26 Floor
Foreign Quota City View
Get notified when new homes are being added to Sathorn Prime Residence
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Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
10%
2nd Installment
The rest of payment within 1 month
90%

Frequently Asked Questions

No pets are allowed at Sathorn Prime Residence 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 ฿40 per square meter based on the size of indoor area of the property and is ฿4,802 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 Sathorn Prime Residence the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Chong Nonsi BTS is the nearest BTS Station from Sathorn Prime Residence and it is 0.8 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 Sathorn Prime Residence 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
฿200,000
1st Installment
Upon contract signing
10%
2nd Installment
The rest of payment within 1 month
90%

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
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Modern appliances, clean and quiet atmosphere
Helen Roush, United States, 3 years ago
I stayed for a short-term stay, and it was fully furnished, equipped with modern and clean appliances. The atmosphere was tranquil, like staying in the hotel, which there were many services. The staff also facilitated us perfectly, and the housekeepers cleaned our room daily. I love the pool so much as it is clear and clean water, with many sunbeds lining with many cozy corners. I can swim anytime I want, non-crowded and private.
Massive condo with proper maintainance
Carrie Wellin, Sweden, 3 years ago
Overall, it's okay. The project is not very new as it was completed 10 years ago. I would say it's well-kept. Originally, the project is luxurious and grand. The facilities vary, such as a pool, a gym, sauna, and garden. The security system is okay like other condos. Although there are many units, it doesn't make me feel uncomfortable because the building is 50-floor high with about 10 units maximum on each floor. My room has 2 bedrooms, which is quite wide. The bedroom is proportionate. With a superb location in Sathorn, near Chong Nonsi BTS, the high rental price seems acceptable for me.
Condo in the heart of the city: convenient transportation and meet the needs of living
Bella Ja, China, 5 years ago
The condo here is quite spacious and has luxurious décor. The project has complete facilities, such as swimming pools, steam room, sauna, and tennis court. The front desk staff is friendly and helpful. I think this place is the answer to living. Moreover, traveling is convenient as it is not far from my workplace. It takes only 10-15 minutes to walk to Chong Nonsi BTS. If anyone has a private car, it will be more convenient. There is enough parking for the residents. The studio room is proportionate beautifully with excellent furniture and finishings. Overall, it's worth the price, suitable for relaxation.
Condo near Chong Nonsi BTS with nice swimming pool
Jose Berenbaum, Poland, 6 years ago
We love the pool here because of the pleasant atmosphere; it feels more like a hotel pool than a condo. I live here with my wife. Our 1-bedroom unit is spacious, and each area is quite well designed. The living area and balcony are quite wide. It also has a good location, located near Chong Nonsi BTS, just about 15-20 minutes to walk to the sky train, very convenient.
Bangkok
Thung Wat Don

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sathorn Prime Residence

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
Thung Wat Don, Sathon, Bangkok
Number of units
726
Sales Prices
฿3.88M - ฿10M
▼ -9.6% underpriced
Monthly Rentals
฿16.5K - ฿45K
Year Built
Jul 2019
Completion Status
Completed
Project Name
Quad Sathon
Location
Thung Wat Don, Sathon, Bangkok
Number of units
64
Sales Prices
฿3.4M
Monthly Rentals
฿12K - ฿14K
Year Built
Jan 2013
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
361
Sales Prices
฿6.03M - ฿16M
▼ -2.3% underpriced
Monthly Rentals
฿22K - ฿55K
Year Built
Dec 2015
Completion Status
Completed
Location
Thung Wat Don, Sathon, Bangkok
Number of units
135
Sales Prices
฿2.9M - ฿19M
▼ -33% underpriced
Monthly Rentals
฿20K - ฿60K
Year Built
Dec 1995
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
301
Sales Prices
฿5.3M - ฿11.2M
▼ -5.3% underpriced
Monthly Rentals
฿16.5K - ฿45K
Year Built
Dec 2013
Completion Status
Completed
Project Name
The Empire Place
Location
Thung Wat Don, Sathon, Bangkok
Number of units
493
Sales Prices
฿7.9M - ฿53M
▲ 3.6% overpriced
Monthly Rentals
฿25K - ฿260K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Narathorn Place
Location
Thung Mahamek, Sathon, Bangkok
Number of units
22
Sales Prices
฿59M
▼ -2% underpriced
Monthly Rentals
฿230K
Year Built
Dec 2004
Completion Status
Completed
Location
Thung Wat Don, Sathon, Bangkok
Number of units
268
Sales Prices
฿3.04M - ฿7.11M
▼ -9.7% underpriced
Monthly Rentals
฿13K - ฿33.5K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Pikul Place
Location
Thung Wat Don, Sathon, Bangkok
Number of units
16
Sales Prices
฿24.5M
Monthly Rentals
฿38K - ฿40K
Year Built
Dec 1994
Completion Status
Completed
Project Name
Marsh Tien Zieng
Location
Thung Mahamek, Sathon, Bangkok
Number of units
N/A
Sales Prices
฿15M
Monthly Rentals
N/A
Year Built
Dec 1996
Completion Status
Completed
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