4 Bedroom Townhouse for sale at Quarter 31

(1 Review)
Khlong Toei Nuea, Watthana,Bangkok
Unit ID: U276353
4 Bedrooms
5 Bathrooms
425 SqM Indoor Area
3 Storeys
Oct 2017 Completed

About This Townhouse

This property is a 425 SqM townhouse with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the Quarter 31 project in Khlong Toei Nuea, Bangkok and was completed in Oct 2017. You can buy this townhouse for a base price of ฿55,250,000 (฿130,000/SqM).

Features

Private LiftPrivate Lift Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters DuplexDuplex BalconyBalcony BathtubBathtub Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Jan 14, 2020
Updated 3 years ago
Property Type Townhouse
Storeys 3
Location Khlong Toei Nuea, Bangkok
Bedrooms 4
Nearest Landmark Phetchaburi MRT -0.7 Km
Indoor Area 425 SqM
Price per SqM ฿130,000
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 120 SqM
Pets Cats and Dogs (small only)
Townhouse Ownership

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

Thai Ownership, Company
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership, Company
Land Title Deed N/A
Construction Completed (Oct 2017)
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) Pool View, Garden View
Unit Type Type A
Parking Spots 4
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.
฿15,000/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U276353

Price Analysis

Great Price
Estimated market value ฿64,462,332
Great
฿40,000,000
Good
Fair
Above
฿95,800,000
Current asking Price: ฿55,250,000
This townhouse is ฿9,212,332 BELOW MARKET (-14%) in the Bangkok area. It is analyzed against similar townhouses 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.
฿15,000/mo

Project Details

Project Name: Quarter 31
Developer: NYE Estate
Construction: Completed (Oct 2017)
Units: 20
Project Area: 4,128 SqM
Nearest Landmark Phetchaburi MRT - 0.7 Km
Location: Khlong Toei Nuea, Bangkok
Quarter 31 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Back Up Generators Back Up Generators

Popular Facilities at Quarter 31

  • Communal Pool
    Ground Floor
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Available Units at Quarter 31

For Sale 1 For Rent 4
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿500,000
SPA
7 Days After Reservation
15%
Transfer
30 Days After SPA
85%

Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Quarter 31.
The common area maintenance fee for properties at Quarter 31 is a fixed amount of ฿15,000. This amount 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 Quarter 31 the required payment for the sinking fund is ฿2,500 per square meter based on the size of the indoor area of the property.
Phetchaburi MRT is the nearest MRT Station from Quarter 31 and it is 0.7 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.

 

Read more here

After you have found the right property at Quarter 31 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
SPA
7 Days After Reservation
15%
Transfer
30 Days After SPA
85%


Read more here

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?

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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The townhouse project in center of Sukhumvit area
Hannah Robert, United States, 5 years ago
This townhouse project is in the Sukhumvit area, near Si Rat Expressway, making commuting easier. The project is in Soi Sukhumvit 31, which can connect to many roads. The atmosphere is quiet and not crowded with people because this alley is dead-end; only the residents can pass by. The project is secure by fence and security guards. There is a saltwater swimming pool that is not very wide, but it is long enough. It also has a garden where trees are planted in the shade. Let's talk about the townhouse here. There are 4-5 bedrooms, a townhouse with a height of 4 and a half floors. The basement can park 4 cars. Besides, the house's living area is also very spacious, with private bathrooms in every bedroom, suitable for large families with many members. It is a high quality house. Additionally, every unit of this project has direct access to a communal swimming pool. It is a house project that is very worthwhile to invest in.
Bangkok
Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Quarter 31

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Monthly Rentals
Year Built
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Location
Number of units
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Location
Khlong Toei Nuea, Watthana, Bangkok
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฿25M
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Monthly Rentals
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Project Name
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Location
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Number of units
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Sales Prices
฿6M - ฿34M
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Year Built
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Completed
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฿16M - ฿35M
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฿40K - ฿80K
Year Built
Dec 1996
Completion Status
Completed
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Number of units
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Sales Prices
฿80M
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Location
Khlong Toei Nuea, Watthana, Bangkok
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฿8.22M - ฿16.9M
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