2 Bedroom Condo for sale at The Parkland Grand Asoke-Phetchaburi

(1 Review)
Bang Kapi, Huai Khwang,Bangkok
Unit ID: U631944
5% Rental Yield
2 Bedrooms
1 Bathroom
53 SqM Size
11 Floor
Jan 2012 Completed

About This Condo

This property is a 53 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the The Parkland Grand Asoke-Phetchaburi project in Bang Kapi, Bangkok and was completed in Jan 2012. You can buy this condo for a base price of ฿7,200,000 (฿135,849/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Mar 10, 2023
Updated 1 year ago
Property Type Condo
Floor 11
Bedrooms 2
Size 53 SqM
Price per SqM ฿135,849
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%.

N/A
Furniture
N/A
View(s) City View
Unit Type 2 Bedroom
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.
฿1,855/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U631944

Price Analysis

Great Price
Estimated market value ฿13,824,048
Great
฿11,200,000
Good
Fair
Above
฿11,500,000
Current asking Price: ฿7,200,000 | Rental estimate: ฿29,100/mo
This condo is ฿6,624,048 BELOW MARKET (-48%) 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
฿7,200,000
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.
฿1,855/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.
21
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 The Parkland Grand Asoke-Phetchaburi, and the current sales price.
5%

Project Details

Developer: Narai Property
Construction: Completed (Jan 2012)
Floors: 26
Buildings: 1
Units: 295
Project Area: 3,144 SqM
Nearest Landmark Phetchaburi MRT - 0.5 Km
Location: Bang Kapi, Bangkok
The Parkland Grand Asoke-Phetchaburi 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Key card access Key card access

Popular Facilities at The Parkland Grand Asoke-Phetchaburi

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    5th Floor
  • Communal Gym
    5th Floor
  • Cigar Lounge
    5th Floor

Available Units at The Parkland Grand Asoke-Phetchaburi

For Sale 7 For Rent 3
Get notified when new homes are being added to The Parkland Grand Asoke-Phetchaburi
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Frequently Asked Questions

No pets are allowed at The Parkland Grand Asoke-Phetchaburi 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 ฿35 per square meter based on the size of indoor area of the property and is ฿1,855 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 The Parkland Grand Asoke-Phetchaburi the required payment for the sinking fund is ฿320 per square meter based on the size of the indoor area of the property.
Phetchaburi MRT is the nearest MRT Station from The Parkland Grand Asoke-Phetchaburi and it is 0.5 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 The Parkland Grand Asoke-Phetchaburi 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

3.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Transportation is really convenient.
Narumi Mono, Japan, 6 years ago
Moving to Thailand at the beginning, it was difficult for me to find a place to stay. My friend recommended it here, and I was very impressed. The first reason is that transportation is really convenient. It's 10 minutes walking to the Phetchaburi MRT station. I Mostly take public transportation in front of the condo. Besides, it is close to shopping and restaurants. I rarely go out on vacation. The next reason is that the condo offers a relatively complete common area such as a swimming pool, a gym, a conference room, and a greenery garden. Everything is well-maintained. If you need help, you can ask the staff anytime because they are very helpful. In addition, it provides the room with fully-furnished and ready to move in. Also, the kitchen will be a closed-kitchen joining the living room and bedroom. The room is decorated in white and cream colors, airy and comfortable, also suitable for relaxing. I think it's worth the price paid. Impressive!!! Great location!
Bangkok
Bang Kapi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Parkland Grand Asoke-Phetchaburi

Location
Number of units
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Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
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Location
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Number of units
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Year Built
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Project Name
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Location
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Number of units
508
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฿4.95M - ฿12.5M
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Monthly Rentals
฿16K - ฿55K
Year Built
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Completed
Location
Bang Kapi, Huai Khwang, Bangkok
Number of units
653
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Project Name
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42
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฿6M - ฿34M
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Monthly Rentals
฿23K - ฿80K
Year Built
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Completion Status
Completed
Location
Khlong Toei Nuea, Huai Khwang, Bangkok
Number of units
31
Sales Prices
฿25M
Monthly Rentals
฿65K - ฿110K
Year Built
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Completion Status
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Project Name
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Location
Bang Kapi, Huai Khwang, Bangkok
Number of units
1642
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฿3.9M - ฿10.5M
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Monthly Rentals
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Completion Status
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Project Name
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Location
Khlong Toei Nuea, Huai Khwang, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
฿190K - ฿250K
Year Built
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Completion Status
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Location
Bang Kapi, Huai Khwang, Bangkok
Number of units
319
Sales Prices
฿10M - ฿132M
▲ 4% overpriced
Monthly Rentals
฿25K - ฿85K
Year Built
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Completion Status
Completed
Location
Khlong Toei Nuea, Huai Khwang, Bangkok
Number of units
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Sales Prices
฿80M
Monthly Rentals
N/A
Year Built
Jan 2023
Completion Status
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Location
Khlong Toei Nuea, Huai Khwang, Bangkok
Number of units
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Monthly Rentals
฿40K - ฿80K
Year Built
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Completion Status
Completed
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