Unit ID: U1888824
4% Rental Yield
Si Lom, Bang Rak,Bangkok
$641,000
1 Bedroom
1
Bathroom
1,389 Sqft
Size
17
Floor
Dec 1984
Completed

About This Condo

This property is a 1,389 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Si Lom, Bangkok and was completed in Dec 1984. You can buy this condo for a base price of $641,000 ($462/Sqft).

Modern Downtown Loft with Panoramic Views in Silom-Sathorn

Discover a stunning downtown loft offering breathtaking 180-degree views in the heart of Silom-Sathorn, Bangkok. Situated on a high floor of the iconic pyramid-shaped Diamond Tower in the city’s central business district, this condo combines modern design and urban convenience for an ideal lifestyle.

 

The spacious living and dining area, which overlooks the magnificent Mahanakhon Tower, provides a perfect setting for relaxation after a busy workday or hosting dinner parties with friends. The modern kitchen features a wooden counter, an island, built-in oven, and dishwasher, catering to your contemporary lifestyle.

 

Control your home with ease using the smart home system, which allows you to manage lighting and air conditioning from your phone or tablet.

 

The bedroom enjoys a sunrise-facing view and includes an adjoining extra room that can serve as an office or walk-in closet. The ensuite shower and sink are separable from the bedroom by wooden sliding doors, and the standalone toilet is conveniently accessible from the corridor. Additionally, a laundry machine is discreetly tucked away in a closet along the hallway. Step onto the bedroom’s balcony to unwind in the outdoor freestanding bathtub.

 

The design aesthetic is a harmonious blend of dark ceramic floor tiles, racing green bathroom mosaic tiles, wooden built-ins, a pristine white kitchen, and exposed original concrete ceilings. This modern loft apartment is inspired by the golden design era of the 1960s and 70s, offering a unique and sophisticated living experience.

 

The apartment features a thoughtfully designed layout with two distinct areas. On one side, you’ll find a spacious, open living, dining, and kitchen area that extends to a balcony with a view of the Mahanakhon Tower. This area is perfect for entertaining guests or unwinding while enjoying the panoramic scenery.

 

On the other side, the more private section of the apartment includes a cozy bedroom, a walk-in closet, an office space, and an ensuite shower. Additionally, the bedroom’s outdoor balcony features a luxurious freestanding bathtub, providing a serene retreat for relaxation.

 

Materials:
-Floor: Ceramic tiles
-Bathroom walls racing green mosaic tiles
-Built ins with real wood veneer
-Ceiling partially exposed original concrete ceiling  

 

Equipment:
-Kitchen equipment: Gorenje
-Sanitary equipment: Roca
-Free standing bathtub on balcony
-Aircon:  Carrier (WIFI connected)

 

Smart Home:
-BTicino Living Now, smart home (compatible with apple homekit)
-WIFI Smart AC control with App (Carrier)
-Condo door: smart doorbell with video function
-Smart smoke sensors

Basic Information

Date Listed Jul 3, 2024
Updated 5 months ago
Property Type Condo
Floor 17
Bedroom 1
Size 1,389 Sqft
Price per Sqft $462
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%.

Foreign 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) N/A
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.
$64/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1888824

Investment Opportunity: Charges & Yield

Sale Price
$641,000
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.
$64/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.
28
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 Diamond Tower, and the current sales price.
4%

Project Details

Project Name: Diamond Tower
Developer: N/A
Construction: Completed (Dec 1984)
Floors: 23
Buildings: N/A
Units: 100
Project Area: N/A
Nearest Landmark Chong Nonsi BTS - 0.7 Km
Location: Si Lom, Bangkok
Diamond 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
Sauna Sauna

Available Units at Diamond Tower

For Sale 10 For Rent 12
Get notified when new homes are being added to Diamond Tower
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Loan Calculator

Frequently Asked Questions

No pets are allowed at Diamond 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 $0 per square meter based on the size of indoor area of the property and is $64 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.
Chong Nonsi BTS is the nearest BTS Station from Diamond Tower and it is 0.7 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 Diamond 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

Reviews

4.3 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent location, right next to BTS
Ken Byram, United States, 5 years ago
A condominium next to Chong Nonsi BTS, outstanding with distinctive design. Although the building is a bit old and the outside looks like it is not maintained, the room has been significantly renovated. Fully furnished with modern furniture. The condo has common areas such as a swimming pool and a small fitness center. Plus, the rental price is also reasonable for such a good location, it is very worthwhile.
Good location, easy to travel, and convenient life
Fran Sechrist, Mexico, 5 years ago
An affordable old condo with a good location and convenient for life. The project site is well-maintained and complete facilities, comprising a communal pool and a gym. Although it's quite old, it's clean and pleasant to use. Reasonable price, for me!
The condo is situated in an ideal location
Noah Glowacki, Belgium, 6 years ago
The building exterior looks old, but my room is quite new because of the recent renovation. My room has spacious 2 bedrooms. As it's on the 12th floor, you can fully enjoy the city view and airy atmosphere. Large fitness center. Although the exercise equipment is old, it's in good condition. The location is ideal, near Chong Nonsi BTS, making commuting easy. It will be very demanding in the future.
Beautiful condominium located in the business district area
Sasipim W., Thailand, 6 years ago
I'm impressed to stay at this project because it is good as it is close to Chong Nonsi BTS and in a prosperous business district area. It suits our needs and worth the investment. Diamond Tower is a relatively old condominium. With a prime location, I have bought it and renovated it in my style. Originally, the rooms' decorations are okay, but I want to decorate to match my style. Also, many facilities make life easier, including popular shopping centers, convenience stores, and restaurants. It is very convenient. The location is considered good and close to everything, connected in all directions, complete, and very worthwhile. I'm not disappointed. Apart from that, the neighbors are okay. Unfortunately, pets are not allowed. In fact, this condo is not suitable for raising pets.
Condo near Si Lom MRT and Chong Nonsi BTS
Darren Jacob, United Kingdom, 7 years ago
Although this condo has been built for a long time, The 1 bedroom I've been renting has been renovated and decorated with modern furniture. It is different from the condo condition that looks from the outside. Most importantly, the rooms here are very spacious compared to the same room types as other projects. Also, the common area has full facilities, including an outdoor swimming pool where you can swim while enjoying beautiful city views. The surrounding area is also densely packed with a lot of shops and restaurants to choose from. Well, Those who like a 360-degree view of the city can go to the Mahanakhon Skywalk, which is just a few minutes away from the condo. In terms of traveling, it is considered comfortable because it is near both Si Lom MRT and Chong Nonsi BTS. Along with these conveniences, I think I will rent a room here for a long time.
Bangkok
Si Lom

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Diamond Tower

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