Studio Condo for sale at Happy Place Tower

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Phra Khanong Nuea, Watthana,Bangkok
Unit ID: U1162182
6% Rental Yield
Studio Bedroom
1 Bathroom
30 SqM Size
3 Floor
Dec 1997 Completed

About This Condo

This property is a 30 SqM studio condo with 1 bathroom that is available for sale. It is part of the Happy Place Tower project in Phra Khanong Nuea, Bangkok and was completed in Dec 1997. You can buy this condo for a base price of ฿1,800,000 (฿60,000/SqM) and it is also available for long term rentals starting from ฿9,000 per month.

Newly Renovated Studio in Phra Khanong

Newly renovated studio in a condominium building in Phra Khanong. The unit is spacios with big windows and equipped with a build-in pantry, AC, and hot water shower. It is situated within the walking distance from BTS Phra Khanong.

Features

BalconyBalcony Fully RenovatedFully Renovated (2022)

Basic Information

Date Listed Oct 11, 2022
Updated 1 year ago
Property Type Condo
Floor 3
Bedroom Studio
Size 30 SqM
Price per SqM ฿60,000
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%.

Thai Quota, Company
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View, Unblocked Open View
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.
฿1,050/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1162182

Investment Opportunity: Charges & Yield

Sale Price
฿1,800,000
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.
฿1,050/mo
Rent
฿9,000/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.
17
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.
6%

Project Details

Project Name: Happy Place Tower
Developer: N/A
Construction: Completed (Dec 1997)
Floors: 12
Buildings: N/A
Units: 210
Project Area: N/A
Nearest Landmark Phra Khanong BTS - 0.4 Km
Location: Phra Khanong Nuea, Bangkok
Happy Place Tower 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
Reception / Lobby Area Reception / Lobby Area
Key card access Key card access

Available Units at Happy Place Tower

For Sale 2 For Rent 1
Get notified when new homes are being added to Happy Place Tower
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Frequently Asked Questions

No pets are allowed at Happy Place Tower 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 ฿35 per square meter based on the size of indoor area of the property and is ฿1,050 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.
Phra Khanong BTS is the nearest BTS Station from Happy Place Tower and it is 0.4 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 Happy Place Tower 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
Phra Khanong Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Happy Place Tower

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Location
Phra Khanong Nuea, Watthana, Bangkok
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฿4.51M - ฿11.5M
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฿15K - ฿48.1K
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Location
Phra Khanong Nuea, Watthana, Bangkok
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฿3.31M - ฿10.3M
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Phra Khanong, Watthana, Bangkok
Number of units
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Completed
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
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Completion Status
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