2 Bedroom Condo for sale at Supalai Riva Grande

(1 Review)
Chong Nonsi, Yan Nawa,Bangkok
Unit ID: U982728
4% Rental Yield
2 Bedrooms
3 Bathrooms
145 SqM Size
33 Floor
Nov 2021 Completed

About This Condo

This property is a 145 SqM condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the Supalai Riva Grande project in Chong Nonsi, Bangkok and was completed in Nov 2021. You can buy this condo for a base price of ฿15,150,000 (฿104,483/SqM).

Features

Corner UnitCorner Unit BalconyBalcony BathtubBathtub

Basic Information

Date Listed Jun 14, 2021
Updated 2 years ago
Property Type Condo
Floor 33
Bedrooms 2
Size 145 SqM
Price per SqM ฿104,483
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) Skyline View, River or Canal View, City View, Unblocked Open 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.
฿5,800/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U982728

Price Analysis

Good Price
Estimated market value ฿15,890,066
Great
฿14,400,000
Good
Fair
Above
฿19,000,000
Current asking Price: ฿15,150,000 | Rental estimate: ฿55,300/mo
This condo is ฿740,066 BELOW MARKET (-5%) 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

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.
฿5,800/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.
23
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 Supalai Riva Grande, and the current sales price.
4%

Project Details

Project Name: Supalai Riva Grande
Construction: Completed (Nov 2021)
Floors: 37
Buildings: 3
Units: 706
Project Area: 18,056 SqM
Nearest Landmark Khlong Toei MRT - 5 Km
Location: Chong Nonsi, Bangkok
Supalai Riva Grande Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Yoga Area Yoga Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Supalai Riva Grande

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Indoor Kids Zone
    Ground Floor
  • Lounge
    Rooftop
  • Communal Garden Area
    Rooftop
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Frequently Asked Questions

No pets are allowed at Supalai Riva Grande 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 ฿5,800 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 Supalai Riva Grande the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Khlong Toei MRT is the nearest MRT Station from Supalai Riva Grande and it is 5 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 Supalai Riva Grande 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
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FazWaz Estimate : ฿179,999
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Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The project is under construction.
Nattapong K., Thailand, 3 years ago
The new project of Supalai is located next to the Chao Phraya River. The project is currently under construction, which I had high expectations of. The atmosphere of the project is very luxurious and modern. There are many common areas inside that meet the needs of residents of all genders and ages. Most importantly, the project focuses on the safety of residents, such as the access and fire alarm system, which I think is very necessary. The location of the project is also on Rama III Road, which is very convenient, easy to travel to various places, and near the expressway. As for the public transport, there is a bus stop right in front of the project, or you can take a motorbike taxi to Chong Nonsi BTS or MRT, which is about 5 k.m. away. Next to the project, there are convenience stores, shops, and restaurants to choose from.
Bangkok
Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

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