3 Bedroom Condo for sale at Millennium Residence

(6 Reviews)
Khlong Toei, Khlong Toei,Bangkok
Unit ID: U77469
4% Rental Yield
3 Bedrooms
3 Bathrooms
146 SqM Size
39 Floor
Dec 2009 Completed

About This Condo

This property is a 146 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Millennium Residence project in Khlong Toei, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿26,000,000 (฿178,082/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jun 15, 2018
Updated 3 years ago
Property Type Condo
Floor 39
Bedrooms 3
Size 146 SqM
Price per SqM ฿178,082
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) City View
Unit Type 3BR
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.
฿7,300/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U77469

Price Analysis

Great Price
Estimated market value ฿36,987,845
Great
฿27,400,000
Good
Fair
Above
฿39,700,000
Current asking Price: ฿26,000,000 | Rental estimate: ฿78,500/mo
This condo is ฿10,987,845 BELOW MARKET (-30%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿26,000,000
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.
฿7,300/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.
28
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 3 bedroom condos at Millennium Residence, and the current sales price.
4%

Project Details

Project Name: Millennium Residence
Construction: Completed (Dec 2009)
Floors: 53
Buildings: 4
Units: 604
Project Area: 20,424 SqM
Nearest Landmark Asok BTS - 0.9 Km
Location: Khlong Toei, Bangkok
Millennium Residence Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
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
Steam Room Steam Room
Sauna Sauna
Tennis Court Tennis Court
Indoor Games Room Indoor Games Room
Kids Pool Kids Pool
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Millennium Residence

  • Communal Pool
    4th Floor
  • Communal Gym
    4th Floor

Available Units at Millennium Residence

For Sale 39 For Rent 97
Updated 1 day ago
Available Units at Millennium Residence
฿43,000,000
฿222,798/SqM
Beds 3 Beds
Baths 3 Baths
Size 193 SqM Size
Floor 36 Floor
Foreign Quota Fully Furnished City View
Available Units at Millennium Residence
฿75,000,000
฿230,769/SqM
Beds 4 Beds
Baths 4 Baths
Size 325 SqM Size
Floor 44 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at Millennium Residence
฿16,000,000
฿177,778/SqM
Beds 2 Beds
Baths 2 Baths
Size 90 SqM Size
Floor 30 Floor
Available Units at Millennium Residence
฿12,500,000
฿186,567/SqM
Beds 1 Beds
Baths 1 Baths
Size 67 SqM Size
Floor 33 Floor
Thai Quota Fully Furnished City View
Available Units at Millennium Residence
฿61,000,000
฿250,000/SqM
Beds 3 Beds
Baths 3 Baths
Size 244 SqM Size
Floor 20 Floor
Thai Quota Fully Furnished River or Canal View
Updated 2 months ago
Available Units at Millennium Residence
฿19,340,000
฿214,889/SqM
Beds 2 Beds
Baths 2 Baths
Size 90 SqM Size
Floor 41 Floor
Foreign Quota Fully Furnished City View
Updated 5 days ago
Available Units at Millennium Residence
฿15,300,000฿15,500,000
฿170,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 90 SqM Size
Floor 30 Floor
Foreign Quota Fully Furnished City View
Available Units at Millennium Residence
฿16,000,000
฿177,778/SqM
Beds 2 Beds
Baths 2 Baths
Size 90 SqM Size
Floor 35 Floor
Fully Furnished City View
Available Units at Millennium Residence
฿13,735,000
฿205,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 67 SqM Size
Floor 31 Floor
Foreign Quota Fully Furnished City View
Updated 13 hours ago
Available Units at Millennium Residence
฿48,000,000
฿248,705/SqM
Beds 3 Beds
Baths 3 Baths
Size 193 SqM Size
Floor 29 Floor
Foreign Quota Fully Furnished River or Canal View
Updated 1 month ago
Available Units at Millennium Residence
฿140,000,000
฿368,615/SqM
Beds 2 Beds
Baths 4 Baths
Size 379.80 SqM Size
Floor 40 Floor
Fully Furnished River or Canal View
Available Units at Millennium Residence
฿18,000,000
฿199,845/SqM
Beds 2 Beds
Baths 2 Baths
Size 90.07 SqM Size
Floor 21 Floor
Foreign Quota Unfurnished City View
Available Units at Millennium Residence
฿15,500,000
฿172,222/SqM
Beds 2 Beds
Baths 2 Baths
Size 90 SqM Size
Floor 20 Floor
Foreign Quota Fully Furnished City View
Available Units at Millennium Residence
฿28,500,000
฿195,205/SqM
Beds 3 Beds
Baths 3 Baths
Size 146 SqM Size
Floor 22 Floor
City View
Available Units at Millennium Residence
฿14,000,000
฿206,186/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 67.90 SqM Size
Floor 35 Floor
Thai Quota Fully Furnished City View
Available Units at Millennium Residence
฿38,000,000
฿196,891/SqM
Good Price
Beds 3 Beds
Baths 3 Baths
Size 193 SqM Size
Foreign Quota Fully Furnished City View
Available Units at Millennium Residence
฿13,400,000
฿200,000/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 67 SqM Size
Floor 19 Floor
Fully Furnished City View
Available Units at Millennium Residence
฿28,500,000
฿195,205/SqM
Beds 3 Beds
Baths 3 Baths
Size 146 SqM Size
Floor 22 Floor
City View
Available Units at Millennium Residence
฿35,000,000
฿181,347/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 193 SqM Size
Floor 34 Floor
Thai Quota Fully Furnished City View
Available Units at Millennium Residence
฿15,500,000
฿172,222/SqM
Beds 2 Beds
Baths 2 Baths
Size 90 SqM Size
Floor 12 Floor
City View
Available Units at Millennium Residence
฿52,000,000฿52,530,000
฿203,922/SqM
Beds 4 Beds
Baths 4 Baths
Size 255 SqM Size
Floor 40 Floor
Foreign Quota Unfurnished
Available Units at Millennium Residence
฿26,000,000
฿178,082/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 146 SqM Size
Floor 39 Floor
Thai Quota Fully Furnished City View
Available Units at Millennium Residence
฿22,000,000
฿171,875/SqM
Beds 2 Beds
Baths 2 Baths
Size 128 SqM Size
Floor 24 Floor
City View
Available Units at Millennium Residence
฿20,000,000
฿157,480/SqM
Beds 2 Beds
Baths 3 Baths
Size 127 SqM Size
Floor 8 Floor
Thai Quota City View
Available Units at Millennium Residence
฿35,000,000
฿181,347/SqM
Great Price
Beds 3 Beds
Baths 4 Baths
Size 193 SqM Size
Floor 19 Floor
Thai Quota Partly Furnished City View
Available Units at Millennium Residence
฿13,065,000
฿195,000/SqM
Beds 1 Beds
Baths 1 Baths
Size 67 SqM Size
Floor 19 Floor
City View
Available Units at Millennium Residence
฿12,500,000฿12,880,000
฿184,857/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 67.62 SqM Size
Floor 17 Floor
Foreign Quota Fully Furnished City View
Available Units at Millennium Residence
฿90,000,000
฿277,778/SqM
Beds 4 Beds
Baths 4 Baths
Size 324 SqM Size
Floor 49 Floor
Available Units at Millennium Residence
฿49,500,000
฿255,814/SqM
Beds 3 Beds
Baths 4 Baths
Size 193.50 SqM Size
Floor 42 Floor
Foreign Quota Unfurnished Unblocked Open View
Available Units at Millennium Residence
฿25,000,000
฿171,233/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 146 SqM Size
Floor 24 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Millennium Residence
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Frequently Asked Questions

No pets are allowed at Millennium Residence 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 ฿7,300 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 Millennium Residence the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Asok BTS is the nearest BTS Station from Millennium Residence and it is 0.9 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 Millennium Residence 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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Find out how much your property is worth and start your listing for free.

Reviews

4.7 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The most well know expatriate housing project
Marciano brewster, Netherlands, Visitor, 3 years ago
I believe most C-level expatriates has lived here and even diplomats. Millennium offers spacious units for families against an acceptable price. Although its an older project , the property is well maintained and upgraded due to influential co-owners. Occupancy rates for this project is year round 95%.
A good condo with a stunning city view at night
Carolina Rew, Austria, 4 years ago
It is a high-rise condo, a modern and perfect place to stay. Its location is beautiful and close to Terminal 21, Siam Paragon, and Rama 9 Hospital. The room that I have reserved is quite spacious and complete with quality furniture, which is ready-to-move-in. It is suitable for a vacation home and offers a beautiful city view. It is very cost-effective with complete facilities located in an excellent and luxurious location in the heart of the Asoke area.
Condo in the city center, good service staff, very impressive
Piper Cavanagh, Germany, 5 years ago
When I visited Thailand, I'd been renting here for a year. It was a memorable and impressive place to stay. The condo consists of a large area and is located in the city center, convenient for everyday life. The building is also a well-designed and durable structure. The condo interior is full of what we need, whether good services from staff, a security system, a communal pool, a tennis court, a fitness room, a meeting room, and a library where we can spend our vacation at this condo with ease. For a year I have lived here, it made my foreign life easier, and I want to go back and stay again if I have the opportunity to go to Thailand again.
Outstandingly beautiful
Lucy Bruder, United States, 5 years ago
The condo is outstandingly beautiful, located in a great location near the EmQuartier and Asoke BTS. The room I bought to stay with my daughter is almost 130 square meters with 2 bedrooms and 2 bathrooms. The living area is well proportioned, modernly finished with fine furniture. I can only go up to the floor I stayed and the common area, making me feel relieved about my daughter's safety. My daughter likes to swim at the pool on the 4th floor; it is a vast saltwater swimming pool. I usually go to the same floor to do the exercise while waiting for my child. The fitness center also has a lot of equipment. The neighbors were not crowded. It is a very affordable project to buy for a living. I love it.
Favorite place in Bangkok
Hoyoung Lee, South Korea, 5 years ago
Our favorite place for family. We have lived here for almost a year. The project is very safe to live in. The building is elegantly and decorated in a modern style. The room has a full set of furniture from the leading brands. There is a common area for residents, such as a large swimming pool, a tennis court, and ample parking. The staff is friendly. The view from the upper floors is amazing. You can see the view from Benjakitti Park as well.
The condo is equated with a 5-star hotel.
Joe K., Austria, 5 years ago
For me, it is like a 5-star hotel because it has excellent facilities, whether a sauna, a tennis court, a gym, and the library. If you want to use other services, you can contact the staff anytime. They are super friendly and serve good services. As for the design, it is advanced and high-class. The room provides built-in furniture, consisting of 3 bedrooms and 3 bathrooms. There is also a shuttle bus to Asoke BTS !
Bangkok
Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Millennium Residence

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
Project Name
S16 Residences
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
N/A
Sales Prices
฿6.86M
▼ -8% underpriced
Monthly Rentals
N/A
Year Built
Dec 2009
Completion Status
Completed
Project Name
Wilshire
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
78
Sales Prices
฿13M - ฿90.3M
▼ -5% underpriced
Monthly Rentals
฿40.1K - ฿351K
Year Built
Dec 2005
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
160
Sales Prices
฿16.6M - ฿38.1M
▲ 11% overpriced
Monthly Rentals
฿30.1K - ฿79.2K
Year Built
Jun 1985
Completion Status
Completed
Project Name
Fairview Tower
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
54
Sales Prices
฿21.6M
Monthly Rentals
N/A
Year Built
Dec 1992
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
24
Sales Prices
฿11M
▲ 15% overpriced
Monthly Rentals
฿80.2K
Year Built
Dec 2015
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
140
Sales Prices
฿4.65M - ฿7.91M
▼ -0.3% underpriced
Monthly Rentals
฿20.1K - ฿45.1K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Ocean Tower 1
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
N/A
Sales Prices
฿43.1M - ฿43.2M
Monthly Rentals
฿146K
Year Built
Jan 1988
Completion Status
Completed
Project Name
La Maison 22
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
35
Sales Prices
฿27.1M - ฿27.6M
Monthly Rentals
฿25.1K - ฿48.1K
Year Built
Jan 1994
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
N/A
Sales Prices
฿36.1M
Monthly Rentals
N/A
Year Built
Jun 2000
Completion Status
Completed
Project Name
The Prime Suites
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
1995
Sales Prices
฿4.01M - ฿8.52M
Monthly Rentals
฿12K - ฿29.1K
Year Built
Dec 1994
Completion Status
Completed
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