2 Bedroom Condo for sale at Whizdom Essence

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Bang Chak, Phra Khanong,Bangkok
Unit ID: U1149488
6% Rental Yield
฿8,200,000
2 Bedrooms
2 Bathrooms
52 SqM Size
18 Floor
Jan 2019 Completed

About This Condo

This property is a 52 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Whizdom Essence project in Bang Chak, Bangkok and was completed in Jan 2019. You can buy this condo for a base price of ฿8,200,000 (฿157,692/SqM).

Whizdom Essence, Near Community Mall and Sky walk An uniquely presented two bedroom unit comes in size 52.7 Sq m The project provides full facilities such as swimming pool fitness centre and garden with natural surroundings 24 hour a day. Easily accessible to expressway and bts skytrain.

Basic Information

Property Type Condo
Floor 18
Bedrooms 2
Size 52 SqM
Price per SqM ฿157,692
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) N/A
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.
฿2,600/mo
Listed By
Broker Network
Date Listed Sep 12, 2022
Last Updated 2 months ago
Unit ID U1149488

Investment Opportunity: Charges & Yield

Sale Price
฿8,200,000
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.
฿2,600/mo
Est. Rent
฿40,700/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.
17
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 Whizdom Essence, and the current sales price.
6%

Project Details

Project Name: Whizdom Essence
Construction: Completed (Jan 2019)
Floors: 50
Buildings: N/A
Units: 664
Project Area: N/A
Nearest Landmark Punnawithi BTS - 0.6 Km
Location: Phra Khanong, Bangkok
Whizdom Essence 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
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at Whizdom Essence

For Sale 3 For Rent 6
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Available Units at Whizdom Essence
฿147,273
Beds 2 Beds
Baths 2 Baths
Size 55 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
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Available Units at Whizdom Essence
฿151,515
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 22 Floor
City View
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Available: Jan 1, 2023 Available Units at Whizdom Essence
-
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 33 Floor
Thai Quota Fully Furnished City View
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Available: Aug 31, 2023 Available Units at Whizdom Essence
-
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 26 Floor
Fully Furnished City View
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Available: Oct 1, 2023 Available Units at Whizdom Essence
-
Beds 2 Beds
Baths 2 Baths
Size 56 SqM Size
Floor 40 Floor
Fully Furnished River or Canal View
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Available: Nov 30, 2023 Available Units at Whizdom Essence
฿178,654
Beds 2 Beds
Baths 2 Baths
Size 52 SqM Size
Floor 41 Floor
Foreign Quota Partly Furnished City View
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Available Units at Whizdom Essence
฿208,333
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 28 Floor
City View
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Available: Jun 1, 2023 Available Units at Whizdom Essence
-
Beds 2 Beds
Baths 2 Baths
Size 51 SqM Size
Floor 39 Floor
Fully Furnished City View
Get notified when new homes are being added to Whizdom Essence

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Frequently Asked Questions

No pets are allowed at Whizdom Essence 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 ฿2,600 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 Whizdom Essence the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Punnawithi BTS is the nearest BTS Station from Whizdom Essence and it is 0.6 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 Whizdom Essence 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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Bangkok
Bang Chak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Whizdom Essence

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
Bang Chak, Phra Khanong, Bangkok
Number of units
673
Sales Prices
฿3.83M - ฿13M
▼ -5.8% underpriced
Monthly Rentals
฿12.1K - ฿50.4K
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Jan 2018
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Bang Chak, Phra Khanong, Bangkok
Number of units
554
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฿4.82M - ฿10.9M
▼ -8% underpriced
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฿12.1K - ฿30.2K
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Jan 2020
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Location
Bang Chak, Phra Khanong, Bangkok
Number of units
554
Sales Prices
฿5.86M - ฿12.1M
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฿30.2K - ฿39.3K
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
810
Sales Prices
฿2.37M - ฿6.04M
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฿10.6K - ฿28.2K
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Completion Status
Completed
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Bang Chak, Phra Khanong, Bangkok
Number of units
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฿3.93M - ฿7M
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Monthly Rentals
฿17.1K
Year Built
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Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
234
Sales Prices
฿2.82M - ฿6.95M
Monthly Rentals
฿9.06K - ฿25.2K
Year Built
Jan 2009
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
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Sales Prices
฿4.93M
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฿15.1K
Year Built
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Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
1961
Sales Prices
฿3.07M - ฿13.2M
▼ -2.3% underpriced
Monthly Rentals
N/A
Year Built
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Location
Bang Chak, Phra Khanong, Bangkok
Number of units
268
Sales Prices
฿2.17M - ฿4.42M
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Monthly Rentals
฿12.1K - ฿20.1K
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Project Name
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Location
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Number of units
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Sales Prices
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Completion Status
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