Unit ID: U1645156
4% Rental Yield
Wong Sawang, Bang Sue,Bangkok
$57,300
1 Bedroom
1
Bathroom
355 Sqft
Size
19
Floor
Dec 2013
Completed

About This Condo

This property is a 355 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Wong Sawang, Bangkok and was completed in Dec 2013. You can buy this condo for a base price of $57,300 ($161/Sqft).

Features

Pool AccessPool Access Rooftop TerraceRooftop Terrace Garden AccessGarden Access Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Direct access to BTS/MRTDirect access to BTS/MRT

Basic Information

Date Listed Sep 6, 2023
Updated 9 months ago
Property Type Condo
Floor 19
Bedroom 1
Size 355 Sqft
Price per Sqft $161
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) Skyline View, 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.
$26/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1645156

Investment Opportunity: Charges & Yield

Sale Price
$57,300
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.
$26/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.
23
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 Rich Park @ Bangson Station, and the current sales price.
4%

Project Details

Developer: N/A
Construction: Completed (Dec 2013)
Floors: 27
Buildings: N/A
Units: 820
Project Area: N/A
Nearest Landmark Bang Son MRT - 0.3 Km
Location: Wong Sawang, Bangkok
Rich Park @ Bangson Station Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Available Units at Rich Park @ Bangson Station

For Sale 4 For Rent 4
Get notified when new homes are being added to Rich Park @ Bangson Station
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Frequently Asked Questions

No pets are allowed at Rich Park @ Bangson Station 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 $26 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 Rich Park @ Bangson Station the required payment for the sinking fund is $9 per square meter based on the size of the indoor area of the property.
Bang Son MRT is the nearest MRT Station from Rich Park @ Bangson Station and it is 0.3 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 Rich Park @ Bangson Station 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

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Wong Sawang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Rich Park @ Bangson Station

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
Location
Bang Sue, Bang Sue, Bangkok
Number of units
4000
Sales Prices
$46.01K - $96.4K
Monthly Rentals
$216 - $719
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Sue, Bang Sue, Bangkok
Number of units
4000
Sales Prices
$37.12K - $54.38K
▲ 31% overpriced
Monthly Rentals
$216 - $460
Year Built
Dec 2017
Completion Status
Completed
Location
Bang Sue, Bang Sue, Bangkok
Number of units
559
Sales Prices
$51.51K - $190.29K
▼ -12.4% underpriced
Monthly Rentals
$259 - $374
Year Built
Nov 2016
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
242
Sales Prices
$51.79K - $86.32K
Monthly Rentals
$288 - $575
Year Built
Feb 2017
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
185
Sales Prices
$56.4K
▼ -45% underpriced
Monthly Rentals
N/A
Year Built
Apr 2020
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
1320
Sales Prices
$57.26K - $238.83K
▼ -8% underpriced
Monthly Rentals
$259 - $633
Year Built
Dec 2017
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
N/A
Sales Prices
$23.02K - $24.46K
Monthly Rentals
N/A
Year Built
Oct 2007
Completion Status
Completed
Location
Bang Sue, Bang Sue, Bangkok
Number of units
529
Sales Prices
$40.28K - $133.23K
▼ -29% underpriced
Monthly Rentals
$288 - $575
Year Built
Feb 2015
Completion Status
Completed
Location
Bang Sue, Bang Sue, Bangkok
Number of units
622
Sales Prices
$47.48K - $114.81K
Monthly Rentals
$489
Year Built
Dec 2009
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
745
Sales Prices
$50.36K - $128.91K
Monthly Rentals
$288 - $460
Year Built
Jan 2013
Completion Status
Completed
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