4 Bedroom House for sale at Perfect Masterpiece Rama 9 - Krungthep Kreetha

 (Write Review)
Khlong Song Ton Nun, Lat Krabang,Bangkok
Unit ID: U1156882
8% Rental Yield
4 Bedrooms
5 Bathrooms
450 SqM Indoor Area
2 Storeys
Dec 2019 Completed

About This House

This property is a 450 SqM house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the Perfect Masterpiece Rama 9 - Krungthep Kreetha project in Khlong Song Ton Nun, Bangkok and was completed in Dec 2019. You can buy this house for a base price of ฿78,000,000 (฿173,333/SqM) and it is also available for long term rentals starting from ฿550,000 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony TVTV

Basic Information

Date Listed Sep 27, 2022
Updated 2 years ago
Property Type House (Single Detached)
Storeys 2
Location Khlong Song Ton Nun, Bangkok
Bedrooms 4
Nearest Landmark: Ban Thap Chang ARL -3.7 Km
Indoor Area 450 SqM
Price per SqM ฿173,333
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 624 SqM
Pets Cats and Dogs (small only)
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

Thai Ownership
Land Ownership

Foreign nationals cannot own land in Thailand in their own name. The options for a foreigner to make use of the land are via a long-term lease or by investing in a Thai company that owns the land.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Dec 2019)
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) Garden View, Forest, Nature View
Unit Type N/A
Parking Spots 8
Pool Size 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.
฿18,720/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1156882

Investment Opportunity: Charges & Yield

Sale Price
฿78,000,000
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.
฿18,720/mo
Rent
฿550,000/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.
12
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
8%

Project Details

Developer: Property Perfect
Construction: Completed (Mar 2023)
Units: 165
Project Area: 153,600 SqM
Nearest Landmark: Ban Thap Chang ARL - 3.7 Km
Location: Khlong Song Ton Nun, Bangkok
Perfect Masterpiece Rama 9 - Krungthep Kreetha Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Popular Facilities at Perfect Masterpiece Rama 9 - Krungthep Kreetha

  • Communal Pool
    1st Floor
  • Clubhouse
    1st Floor
  • Communal Garden Area
    1st Floor

Available Units at Perfect Masterpiece Rama 9 - Krungthep Kreetha

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Frequently Asked Questions

No pets are allowed at Perfect Masterpiece Rama 9 - Krungthep Kreetha 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 ฿30 per square meter based on the plot size of the property and is ฿18,720 for this house. 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.
Ban Thap Chang ARL is the nearest Airport Rail Link Station from Perfect Masterpiece Rama 9 - Krungthep Kreetha and it is 3.7 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

After you have found the right property at Perfect Masterpiece Rama 9 - Krungthep Kreetha you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
฿500,000
1st Installment
Immediately
฿500,000
2nd Installment
Down Payment
20%
3rd Installment
On handover
80%
Installment Milestone Payment
Reservation Deposit
Immediately
฿500,000
1st Installment
Upon contract signing
฿500,000
2nd Installment
Down Payment
30%
3rd Installment
On handover
70%


A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

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.

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Khlong Song Ton Nun

Neighborhood Overview

Location and Neighborhood

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Projects Nearby Perfect Masterpiece Rama 9 - Krungthep Kreetha

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฿3.99M - ฿4.7M
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฿19K - ฿30K
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Location
Khlong Song Ton Nun, Lat Krabang, Bangkok
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฿4.4M - ฿13.5M
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฿35K - ฿45K
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Completion Status
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Saphan Sung, Lat Krabang, Bangkok
Number of units
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฿19M
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Monthly Rentals
฿75K - ฿150K
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Location
Saphan Sung, Lat Krabang, Bangkok
Number of units
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Monthly Rentals
฿35.5K - ฿70K
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Location
Khlong Song Ton Nun, Lat Krabang, Bangkok
Number of units
116
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Monthly Rentals
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Year Built
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Completion Status
Completed
Location
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Number of units
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Monthly Rentals
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Year Built
Mar 2019
Completion Status
Completed
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