Studio Condo for sale at PG Rama IX

(1 Review)
Huai Khwang, Huai Khwang,Bangkok
Unit ID: U1171670
6% Rental Yield
Tenant-Occupied until Sep 30, 2027
Studio Bedroom
1 Bathroom
29 SqM Size
8 Floor
Dec 2007 Completed

About This Condo

This property is a 29 SqM studio condo with 1 bathroom that is available for sale. It is part of the PG Rama IX project in Huai Khwang, Bangkok and was completed in Dec 2007. You can buy this condo for a base price of ฿2,320,000 (฿80,000/SqM) and it is also available for long term rentals starting from ฿12,500 per month.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Nov 15, 2022
Updated 1 week ago
Property Type Condo
Floor 8
Bedroom Studio
Size 29 SqM
Price per SqM ฿80,000
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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 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.
฿870/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1171670

Investment Opportunity: Charges & Yield

Sale Price
฿2,320,000
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.
฿870/mo
Rent
฿12,500/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.
15
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: PG Rama IX
Developer: N/A
Construction: Completed (Dec 2007)
Floors: 15
Buildings: N/A
Units: 400
Project Area: 4,240 SqM
Nearest Landmark: Phra Ram 9 MRT - 0.5 Km
Location: Huai Khwang, Bangkok
PG Rama IX 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

Available Units at PG Rama IX

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Frequently Asked Questions

No pets are allowed at PG Rama IX 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 size of indoor area of the property and is ฿870 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 Ram 9 MRT is the nearest MRT Station from PG Rama IX and it is 0.5 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.

After you have found the right property at PG Rama IX you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


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.

Reviews

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
The best value condo near the BTS in the city
Verified Former Resident, 8 months ago
Condo on the main road, near the Rama 9 MRT station, the cheapest common area fee, full security guards, maids, CCTV cameras, near Central Department Store, Lotus, Fortune, very convenient transportation, near the expressway, Victory Monument, Sukhumvit, Phetchaburi, Airport Rail Link, good location and cheap like this is hard to find anymore, suitable for buying to live in yourself or investing in renting out, especially corner rooms will get a good price, foreigners like them, always fully rented.
Bangkok
Huai Khwang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby PG Rama IX

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
PG 2 Rama IX
Location
Huai Khwang, Huai Khwang, Bangkok
Number of units
400
Sales Prices
฿2.37M
Monthly Rentals
฿13K - ฿14K
Year Built
Jan 2009
Completion Status
Completed
Location
Huai Khwang, Huai Khwang, Bangkok
Number of units
1911
Sales Prices
฿4.02M - ฿35M
▼ -0.2% underpriced
Monthly Rentals
฿16K - ฿400K
Year Built
Mar 2022
Completion Status
Completed
Location
Huai Khwang, Huai Khwang, Bangkok
Number of units
209
Sales Prices
฿21.2M - ฿82M
Monthly Rentals
฿80K - ฿108K
Year Built
Jun 1993
Completion Status
Completed
Location
Huai Khwang, Huai Khwang, Bangkok
Number of units
1222
Sales Prices
฿3.62M - ฿19.9M
▲ 3.2% overpriced
Monthly Rentals
฿14.9K - ฿621K
Year Built
Aug 2022
Completion Status
Completed
Project Name
Nue District R9
Location
Huai Khwang, Huai Khwang, Bangkok
Number of units
1441
Sales Prices
฿3.9M - ฿12M
Monthly Rentals
฿15K - ฿850K
Year Built
Mar 2025
Completion Status
Completed
Location
Huai Khwang, Huai Khwang, Bangkok
Number of units
311
Sales Prices
฿4.73M - ฿7.78M
Monthly Rentals
฿17K - ฿32K
Year Built
Sep 2025
Completion Status
Completed
Project Name
Aspire Rama 9
Location
Bang Kapi, Huai Khwang, Bangkok
Number of units
663
Sales Prices
฿3.6M - ฿6.5M
▼ -15.4% underpriced
Monthly Rentals
฿14K - ฿41K
Year Built
Dec 2013
Completion Status
Completed
Location
Huai Khwang, Huai Khwang, Bangkok
Number of units
433
Sales Prices
฿2.95M - ฿6.5M
▼ -4.9% underpriced
Monthly Rentals
฿14K - ฿35K
Year Built
Dec 2014
Completion Status
Completed
Location
Huai Khwang, Huai Khwang, Bangkok
Number of units
1165
Sales Prices
฿2.69M - ฿6.78M
▼ -12.2% underpriced
Monthly Rentals
฿12K - ฿33K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Ideo Mobi Rama 9
Location
Huai Khwang, Huai Khwang, Bangkok
Number of units
703
Sales Prices
฿3.09M - ฿9M
▼ -36.5% underpriced
Monthly Rentals
฿12K - ฿32K
Year Built
Dec 2013
Completion Status
Completed
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