2 Bedroom Condo for sale at The Star Hill Condo

(6 Reviews)
Suthep, Mueang Chiang Mai,Chiang Mai
Unit ID: U81035
5% Rental Yield
2 Bedrooms
1 Bathroom
68.35 SqM Size
2 Floor
Feb 2017 Completed

About This Condo

This property is a 68.35 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the The Star Hill Condo project in Suthep, Chiang Mai and was completed in Feb 2017. You can buy this condo for a base price of ฿6,356,550 (฿93,000/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Aug 8, 2018
Updated 3 years ago
Property Type Condo
Floor 2
Bedrooms 2
Size 68.35 SqM
Price per SqM ฿93,000
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, Company
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) Mountain View, 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.
฿3,418/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U81035

Price Analysis

Great Price
Estimated market value ฿7,331,688
Great
฿7,110,000
Good
Fair
Above
฿7,830,000
Current asking Price: ฿6,356,550 | Rental estimate: ฿25,200/mo
This condo is ฿975,138 BELOW MARKET (-13%) in the Chiang Mai 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.
฿3,418/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 Star Hill Condo, and the current sales price.
5%

Project Details

Project Name: The Star Hill Condo
Developer: Stardome
Construction: Completed (Feb 2017)
Floors: 8
Buildings: N/A
Units: 199
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 1.3 Km
Location: Suthep, Chiang Mai
The Star Hill Condo Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Close
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This condo was reserved by another buyer but check out these similar properties

Available Units at The Star Hill Condo

For Sale 62 For Rent 11
Available Units at The Star Hill Condo
฿4,550,000฿4,950,000
฿96,809/SqM
Beds 1 Beds
Baths 1 Baths
Size 47 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿3,250,000
฿98,485/SqM
Beds Studio Beds
Baths 1 Baths
Size 33 SqM Size
Floor 1 Floor
Thai Quota Fully Furnished
Available Units at The Star Hill Condo
฿7,270,000
฿109,000/SqM
Beds 2 Beds
Baths 1 Baths
Size 67 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿4,478,300
฿95,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 47.14 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿3,162,000
฿93,000/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 34 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿6,718,000
฿100,000/SqM
Good Price
Beds 2 Beds
Baths 1 Baths
Size 67.18 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿4,572,580
฿97,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 47.14 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿3,247,560
฿93,000/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 34.92 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿6,835,000
฿100,000/SqM
Good Price
Beds 2 Beds
Baths 1 Baths
Size 68.35 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿28,000,000
฿126,126/SqM
Beds 4 Beds
Baths 4 Baths
Size 222 SqM Size
Floor 7 Floor
Company Unfurnished Mountain View
Available Units at The Star Hill Condo
฿11,835,100
฿95,000/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 124.58 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿4,572,580
฿97,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 47.14 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿3,258,720
฿93,000/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 35.04 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿4,823,810
฿97,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 49.73 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿3,298,000
฿97,000/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 34 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿12,458,000
฿100,000/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 124.58 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿5,693,350
฿95,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 59.93 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿13,010,100
฿102,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 127.55 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿3,298,000
฿97,000/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 34 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿5,813,210
฿97,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 59.93 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿3,298,000
฿97,000/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 34 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿5,978,350
฿95,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 62.93 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿3,317,400
฿95,000/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 34.92 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿5,986,900
฿95,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 63.02 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿3,323,820
฿93,000/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 35.74 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿5,993,000
฿100,000/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 59.93 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿3,328,800
฿95,000/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 35.04 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿6,002,100
฿95,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 63.18 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿3,387,240
฿97,000/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 34.92 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Star Hill Condo
฿6,006,850
฿95,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 63.23 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Mountain View
Get notified when new homes are being added to The Star Hill Condo
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Loan Calculator

Payment Plan

1 Bedroom and Studio
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿100,000
2nd Installment
Down Payment
10%
3rd Installment
On handover
90%
1Bed Superior and 2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿200,000
2nd Installment
Down Payment
10%
3rd Installment
On handover
90%
4 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿500,000
2nd Installment
Down Payment
10%
3rd Installment
On handover
90%

Frequently Asked Questions

No pets are allowed at The Star Hill Condo 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 ฿3,418 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 Star Hill Condo the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Chiang Mai International Airport is the nearest Airport from The Star Hill Condo and it is 1.3 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 Star Hill Condo you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


1 Bedroom and Studio
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿100,000
2nd Installment
Down Payment
10%
3rd Installment
On handover
90%
1Bed Superior and 2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿200,000
2nd Installment
Down Payment
10%
3rd Installment
On handover
90%
4 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿500,000
2nd Installment
Down Payment
10%
3rd Installment
On handover
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

3.9 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The rooms are beautiful, clean, and attractive.
Saundra Teixeira, United States, 4 years ago
We booked the room here through the website. Upon arrival, we were warmly welcomed by the staff. A security guard is recommending the parking lot for us. The inside condo comprises a lobby hall and seating area for guests. The area is clean and modern. Also, there is a swimming pool surrounded by buildings and shady trees. It makes it breezy in the daytime. The overall atmosphere is relaxing and pleasant. The room I booked matches the picture on the website. Various equipment in the room is complete and convenient. There is also daily room service.
Great location with nice staff
Fai S., Thailand, 4 years ago
The condo is located in a great area near Nimman. The staff and security system is excellent. Besides, the project entrance uses the KeePass System. The communal pool and lobby, including other facilities, are complete and serviceable. Also, the housekeepers clean the room regularly. As for the room, it is spacious and well decorated, very nice and relaxing. If anyone is interested in a modern condo like this, let's try to stay here.
The condo is in a non-crowded area, but the sound of dogs barking loudly.
Lee Chaihong, China, 4 years ago
The condo is located on the main road, which is non-crowded, but the sound of dogs barking is very loud at night. I have a sleep problem and am not very impressed with this place. Anyway, the design is generally good, and transportation is convenient. Moreover, the condo site has complete facilities, whether a swimming pool, a fitness room, and shady gardens. The room I stayed in is a studio room, with 34 sq.m. I think it's too narrow for couples !!!
The reason for buying a room in this condo is its location.
Charlie Williams, United States, 4 years ago
The reason for buying a room in this condo is its location. The project is on the main road connecting to 3 outer ring roads, saving time for traveling. In just 5 minutes, I can get to Maya Mall, restaurants, and cafes. The project presents a wide range of room selection. The room I bought is a fully-furnished duplex. The swimming pool is quite large, clean with good services from the staff. Quite impressive!
Luxury condominium, near famous tourist attractions
Kelly Lee, Malaysia, 5 years ago
Worth the rental price I have paid. The place is luxurious. Although it is located next to the main road, the surrounding is quiet. As the condo is in vacation style, it gives a sense of living in a resort. My room is superior with functional space. The kitchen is an open space, connecting to the living area, which looks wider. The kitchen is fully-furnished with equipment. The bedroom has enough space for a king or queen size bed, and the TV stands on the opposite. The room also has a small balcony for placing a washing machine. The project's common area provides many activities such as a gym, swimming pool, jacuzzi, meeting rooms, and high-speed Wi-Fi internet. The parking space can accommodate a fair number of residents' cars. The location here is also convenient, not crowded. Easy to the city, just 3 kilometers to Nimman Road, a center of various amenities of Chiang Mai.
Good location, quality condo, but a little expensive
Lauren P., France, 6 years ago
I've been here for about 7 months, and I think it's expensive, but it is reasonable when compared with the quality. It's quiet here and non-crowded. I wouldn't say I like the summer weather because there is a lot of dust, but the weather is good in winter. The project has a great security system. There are CCTV cameras around the project. The swimming pool is a mineral water system, and the gym is very modern. If you don't have your car, it's not too difficult because it is surrounded by amenities. Traveling to various places is far from the city, only about 5 kilometers. However, it takes only 10 minutes to travel into the city by car!
Chiang Mai
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Star Hill Condo

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
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
63
Sales Prices
฿11.9M
Monthly Rentals
฿10K
Year Built
Jan 2000
Completion Status
Completed
Project Name
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Location
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Number of units
65
Sales Prices
฿1.3M - ฿1.5M
▼ -42% underpriced
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Year Built
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Completion Status
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Location
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Completion Status
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Completion Status
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