Unit ID: U1773396
5% Rental Yield
Tenant-Occupied until May 1, 2025
Makkasan, Ratchathewi,Bangkok
$179,000
1 Bedroom
1
Bathroom
398 Sqft
Size
23
Floor
Dec 2016
Completed

About This Condo

This property is a 398 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Makkasan, Bangkok and was completed in Dec 2016. You can buy this condo for a base price of $179,000 ($450/Sqft) and it is also available for long term rentals starting from $722 per month.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Mar 26, 2024
Updated 6 months ago
Property Type Condo
Floor 23
Bedroom 1
Size 398 Sqft
Price per Sqft $450
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.
$86/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1773396

Investment Opportunity: Charges & Yield

Sale Price
$179,000
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.
$86/mo
Rent
$722/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.
21
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.
5%

Project Details

Developer: Chewathai
Construction: Completed (Dec 2016)
Floors: 29
Buildings: 1
Units: 315
Project Area: 26,092 Sqft
Nearest Landmark Phra Ram 9 MRT - 0.5 Km
Location: Makkasan, Bangkok
Chewathai Residence Asoke Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Kids Pool Kids Pool
BBQ Area BBQ Area
Lounge Lounge
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Key card access Key card access

Popular Facilities at Chewathai Residence Asoke

  • Communal Pool
    7th Floor
  • Communal Gym
    7th Floor
  • Lounge
    7th Floor
  • Communal Garden Area
    29th Floor
  • Library / Reading Room
    7th Floor

Available Units at Chewathai Residence Asoke

For Sale 30 For Rent 45
Available Units at Chewathai Residence Asoke
$168,000
$445/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 25 Floor
Thai Quota Fully Furnished City View
Updated 1 month ago
Available Units at Chewathai Residence Asoke
$149,000
$387/Sqft
Beds 1 Beds
Baths 1 Baths
Size 384 Sqft Size
Floor 13 Floor
Thai Quota Fully Furnished Park View
Updated 1 month ago
Available Units at Chewathai Residence Asoke
$153,000
$395/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 388 Sqft Size
Floor 16 Floor
Thai Quota Fully Furnished City View
Updated 1 week ago
Available Units at Chewathai Residence Asoke
$208,000
$568/Sqft
Beds 1 Beds
Baths 1 Baths
Size 366 Sqft Size
Floor 13 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$205,000$260,000
$560/Sqft
Beds 1 Beds
Baths 1 Baths
Size 366 Sqft Size
Floor 19 Floor
Foreign Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$217,000
$541/Sqft
Beds 1 Beds
Baths 1 Baths
Size 400 Sqft Size
Floor 27 Floor
Thai Quota Fully Furnished City View
Updated 1 month ago
Available Units at Chewathai Residence Asoke
$165,000
$430/Sqft
Beds 1 Beds
Baths 1 Baths
Size 384 Sqft Size
Floor 28 Floor
Thai Quota Fully Furnished City View
Updated 1 month ago
Available Units at Chewathai Residence Asoke
$199,000
$475/Sqft
Beds 1 Beds
Baths 1 Baths
Size 420 Sqft Size
Floor 14 Floor
Fully Furnished City View
Updated 1 month ago
Available Units at Chewathai Residence Asoke
$173,000
$501/Sqft
Beds 1 Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 13 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$159,000
$441/Sqft
Beds 1 Beds
Baths 1 Baths
Size 360 Sqft Size
Floor 19 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$170,000
$543/Sqft
Beds 1 Beds
Baths 1 Baths
Size 314 Sqft Size
Floor 16 Floor
Thai Quota Fully Furnished City View
Updated 2 months ago
Available Units at Chewathai Residence Asoke
$169,000
$460/Sqft
Beds 1 Beds
Baths 1 Baths
Size 368 Sqft Size
Floor 14 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$176,000
$565/Sqft
Beds 1 Beds
Baths 1 Baths
Size 312 Sqft Size
Floor 12 Floor
Available Units at Chewathai Residence Asoke
$147,000
$383/Sqft
Beds 1 Beds
Baths 1 Baths
Size 384 Sqft Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$162,000
$456/Sqft
Beds 1 Beds
Baths 1 Baths
Size 355 Sqft Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$194,000
$450/Sqft
Beds 1 Beds
Baths 1 Baths
Size 431 Sqft Size
Floor 10 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$150,000$165,000
$392/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 383 Sqft Size
Floor 13 Floor
Thai Quota Unfurnished
Available Units at Chewathai Residence Asoke
$162,000
$429/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 20 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$179,000
$450/Sqft
Beds 1 Beds
Baths 1 Baths
Size 398 Sqft Size
Floor 23 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$199,000
$412/Sqft
Beds 1 Beds
Baths 1 Baths
Size 484 Sqft Size
Floor 21 Floor
Fully Furnished City View
Available Units at Chewathai Residence Asoke
$199,000
$500/Sqft
Beds 1 Beds
Baths 1 Baths
Size 398 Sqft Size
Floor 21 Floor
Fully Furnished Unblocked Open View
Available Units at Chewathai Residence Asoke
$159,000
$447/Sqft
Beds 1 Beds
Baths 1 Baths
Size 355 Sqft Size
Floor 22 Floor
Foreign Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$214,000
$576/Sqft
Beds 1 Beds
Baths 1 Baths
Size 371 Sqft Size
Floor 13 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$231,000
$580/Sqft
Beds 1 Beds
Baths 1 Baths
Size 398 Sqft Size
Floor 9 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$150,000
$396/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 378 Sqft Size
Floor 13 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$189,000
$443/Sqft
Beds 1 Beds
Baths 1 Baths
Size 426 Sqft Size
Floor 18 Floor
Foreign Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$144,000
$447/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$170,000
$527/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 24 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$193,000
$599/Sqft
Beds Studio Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 27 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Residence Asoke
$202,000
$470/Sqft
Beds 1 Beds
Baths 1 Baths
Size 431 Sqft Size
Floor 24 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Chewathai Residence Asoke
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Frequently Asked Questions

No pets are allowed at Chewathai Residence Asoke 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 $2 per square meter based on the size of indoor area of the property and is $86 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 Chewathai Residence Asoke the required payment for the sinking fund is $29 per square meter based on the size of the indoor area of the property.
Phra Ram 9 MRT is the nearest MRT Station from Chewathai Residence Asoke 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.

 

Read more here

After you have found the right property at Chewathai Residence Asoke 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

Reviews

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A city condo near shopping malls
Olya O., Russia, 4 years ago
Excellent place in the heart of the city, convenient location, close to Phra Ram 9 MRT and Terminal 21. I have been renting a loft room here. It has 1 bedroom with a spacious living area and is perfectly divided into kitchen, living room and bathroom. It is also decorated with quality furnishings. Moreover, I can see the beautiful view of the city from my condo. The project also has wonderful facilities such as a pool, a sky garden, a gym, a lounge, a relaxation area, and security guards. It is a great place to live!
Bangkok
Makkasan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Chewathai Residence Asoke

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
Life Asoke Rama 9
Location
Makkasan, Ratchathewi, Bangkok
Number of units
2248
Sales Prices
$95.3K - $278.47K
▼ -0.5% underpriced
Monthly Rentals
$376 - $1.39K
Year Built
Jan 2020
Completion Status
Completed
Project Name
Life Asoke Hype
Location
Makkasan, Ratchathewi, Bangkok
Number of units
1253
Sales Prices
$112.37K - $502.64K
▼ -5% underpriced
Monthly Rentals
$433 - $1.3K
Year Built
Jul 2021
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
423
Sales Prices
$64.2K - $129.99K
▼ -26% underpriced
Monthly Rentals
$347 - $376
Year Built
Dec 2012
Completion Status
Completed
Location
Din Daeng, Ratchathewi, Bangkok
Number of units
325
Sales Prices
$155.99K - $456.13K
▼ -13.7% underpriced
Monthly Rentals
$607 - $1.3K
Year Built
Mar 2021
Completion Status
Completed
Project Name
Rhythm Asoke
Location
Makkasan, Ratchathewi, Bangkok
Number of units
385
Sales Prices
$84.93K - $193.55K
▼ -10.4% underpriced
Monthly Rentals
$376 - $867
Year Built
Dec 2015
Completion Status
Completed
Project Name
Rhythm Asoke 2
Location
Makkasan, Ratchathewi, Bangkok
Number of units
346
Sales Prices
$95.33K - $245.25K
▼ -12% underpriced
Monthly Rentals
$347 - $809
Year Built
Feb 2017
Completion Status
Completed
Location
Din Daeng, Ratchathewi, Bangkok
Number of units
500
Sales Prices
$66.44K - $212.47K
▼ -26.3% underpriced
Monthly Rentals
$274 - $491
Year Built
Dec 2011
Completion Status
Completed
Location
Din Daeng, Ratchathewi, Bangkok
Number of units
473
Sales Prices
$122.05K - $342.17K
▲ 2.1% overpriced
Monthly Rentals
$462 - $1.88K
Year Built
Dec 2019
Completion Status
Completed
Location
Din Daeng, Ratchathewi, Bangkok
Number of units
599
Sales Prices
$216.37K - $2.31M
▲ 6.8% overpriced
Monthly Rentals
$722 - $2.31K
Year Built
Dec 2020
Completion Status
Completed
Location
Din Daeng, Ratchathewi, Bangkok
Number of units
439
Sales Prices
$54.6K - $121.33K
▲ 25% overpriced
Monthly Rentals
$347 - $578
Year Built
Dec 2009
Completion Status
Completed
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