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    1 Bedroom Condo for sale at Centric Ratchada-Suthisan
    Din Daeng, Din Daeng,Bangkok
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    Sale Price
    $86,000
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    1 Bedroom Condo for sale at Centric Ratchada-Suthisan
    (1 Review)
    Unit ID: U1673084
    5% Rental Yield
    Din Daeng, Din Daeng,Bangkok
    $86,000
    1 Bedroom
    1
    Bathroom
    344 Sqft
    Size
    7
    Floor
    Dec 2011
    Completed
    6
    Sale Price
    $86,000

    About This Condo

    This property is a 344 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Din Daeng, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of $86,000 ($250/Sqft).

    Features

    BalconyBalcony Access to BTS/MRTAccess to BTS/MRT

    Basic Information

    Date Listed Sep 28, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 7
    Bedroom 1
    Size 344 Sqft
    Price per Sqft $250
    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
    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 Centric Ratchada-Suthisan
    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.
    $37/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1673084

    Investment Opportunity: Charges & Yield

    Sale Price
    $86,000
    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.
    $37/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.
    22
    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 1 bedroom condos at Centric Ratchada-Suthisan, and the current sales price.
    5%

    Project Details

    Project Name: Centric Ratchada-Suthisan
    Developer: SC ASSET Corporation Public Company Limited
    Construction: Completed (Dec 2011)
    Floors: 26
    Buildings: 1
    Units: 270
    Project Area: 27,513 Sqft
    Nearest Landmark Sutthisan MRT - 0.1 Km
    Location: Din Daeng, Bangkok
    Centric Ratchada-Suthisan 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
    Steam Room Steam Room
    Walking / Running Track Walking / Running Track
    Mini Theater Mini Theater
    Library / Reading Room Library / Reading Room
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Centric Ratchada-Suthisan

    • All
    • Fitness
    • Leisure
    5
    • Communal Pool
      6th Floor
    • Communal Gym
      6th Floor
    • Steam Room
      6th Floor

    Available Units at Centric Ratchada-Suthisan

    For Sale 6 For Rent 5
    • All
    • 1 Bed
    Get notified when new homes are being added to Centric Ratchada-Suthisan
    View All (6)

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    Frequently Asked Questions

    No pets are allowed at Centric Ratchada-Suthisan 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 $1 per square meter based on the size of indoor area of the property and is $37 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 Centric Ratchada-Suthisan the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Sutthisan MRT is the nearest MRT Station from Centric Ratchada-Suthisan and it is 0.1 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 Centric Ratchada-Suthisan you have to follow these steps:

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

     


    Installment Milestone Payment
    1st Installment
    On handover
    100%

    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

    Reviews

    4.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The entire condominium is decorated in a modern style.
    Sutida L., Thailand, 5 years ago
    I rent a 1 bedroom that matches my needs. It has a large space that is perfect for me, and it is also conveniently located near Sutthisan MRT, which is only 2 minutes away. There is a pleasant staff that is always willing to assist the residents, as well as a friendly neighbor. This project has a range of facilities such as a swimming pool, fitness center, and relaxation area. I feel comfortable living here.
    Bangkok
    Din Daeng

    Neighborhood Overview

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