2 Bedroom Condo for sale at Sindhorn Tonson [Leasehold]

(2 Reviews)
Lumphini, Pathum Wan,Bangkok
Unit ID: U1047222
5% Rental Yield
2 Bedrooms
3 Bathrooms
106 SqM Size
12 Floor
Jan 2018 Completed

About This Condo

This property is a 106 SqM condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the Sindhorn Tonson project in Lumphini, Bangkok and was completed in Jan 2018. You can buy this condo for a base price of ฿29,900,000 (฿282,075/SqM) and it is also available for long term rentals starting from ฿130,000 per month.

Features

BalconyBalcony BathtubBathtub TVTV

Basic Information

Date Listed Dec 13, 2021
Updated 2 years ago
Property Type Condo
Floor 12
Bedrooms 2
Size 106 SqM
Price per SqM ฿282,075
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%.

Leasehold
Furniture
Unfurnished
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1047222

Price Analysis

Great Price
Estimated market value ฿35,515,355
Great
฿23,600,000
Good
Fair
Above
฿46,200,000
Current asking Price: ฿29,900,000 | Advertised rental rate: ฿130,000/mo
This condo is ฿5,615,355 BELOW MARKET (-16%) 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

Rent
฿130,000/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.
19
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.
5%

Project Details

Project Name: Sindhorn Tonson
Developer: Siam Sindhorn
Construction: Completed (Jan 2018)
Floors: 17
Buildings: N/A
Units: 59
Project Area: 2,617 SqM
Nearest Landmark Ratchadamri BTS - 0.7 Km
Location: Lumphini, Bangkok
Sindhorn Tonson 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
Reception / Lobby Area Reception / Lobby Area
Close
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Available Units at Sindhorn Tonson

For Sale 3 For Rent 9
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Frequently Asked Questions

No pets are allowed at Sindhorn Tonson unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Ratchadamri BTS is the nearest BTS Station from Sindhorn Tonson and it is 0.7 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 Sindhorn Tonson 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

4.8 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A perfect place in BKK
Shireen Xeng, China, 3 years ago
I would say the project has the most beautiful view of Bangkok. My room is facing Lumpini Park. The surrounding atmosphere is shady and so refreshing. The decoration is luxurious. The project's facilities are a lobby, a reception hall, a swimming pool, and smart parking. Inside the room, the design is fabulous and luxurious with excellent quality materials. It's worth the price.
Condominium in the heart of Pathum Wan, close to all amenities and near Lumphini MRT
Sakchai G., Thailand, 4 years ago
I rented a condo at the Sindhorn Tonson with a 1 bedroom unit. In my room, it is beautifully decorated and complete with various facilities. Sindhorn Tonson is considered one of the best condominium locations in Bangkok because it is located opposite Lumpini Park and within walking distance to the BTS and MRT. In addition, the atmosphere surrounding the project is pleasant and quality. The neighbors are lovely and friendly. The staff is also very helpful. Besides that, the management system is sound. When I have a problem, they help me professionally. In addition, the project facilities are considered excellent and complete such as a swimming pool, a fitness center, a mailroom, and a communal garden. In my free time, I spend my time leisurely. Moreover, this project provides a comfortable living space and meets the urban resident's needs.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sindhorn Tonson

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
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Location
Lumphini, Pathum Wan, Bangkok
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Project Name
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Location
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Sales Prices
฿31M - ฿38.5M
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Completion Status
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Location
Lumphini, Pathum Wan, Bangkok
Number of units
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Sales Prices
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฿49.9K - ฿140K
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Location
Lumphini, Pathum Wan, Bangkok
Number of units
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Sales Prices
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Year Built
Jan 2008
Completion Status
Completed
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