Unit ID: U79929
4% Rental Yield
Chong Nonsi, Yan Nawa,Bangkok
$153,000 $158,000
1 Bedroom
1
Bathroom
341 Sqft
Size
6
Floor
Nov 2019
Completed

About This Condo

This property is a 341 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chong Nonsi, Bangkok and was completed in Nov 2019. You can buy this condo for a base price of $153,000 ($449/Sqft).

The Teak Sathorn-Lumpini Condo: A Unique Prime Location Opportunity!

This professionally-designed condominium unit is a must-have opportunity in the sought-after The Teak Sathorn-Lumpini project. Right in the prime location of Chong Nonsi, Bangkok, this one bedroom, one bathroom condo offers 31.72 sqm of living space in a recently completed building. Located close to several local amenities and entertainment, this property balances comfort and convenience for the ultimate modern lifestyle. An impressive array of high-quality finishes has been used throughout the open plan layout, providing it with a feeling of luxury and sophistication. Moreover, a bright, airy appeal amplifies the space, enhanced further by the abundance of natural daylight. The condo offers considerable value at a competitive base price of THB 5,187,153 or THB 163,529/sqm. This amount reflects a great investment portion given the potential of the highly sought-after location.For those desiring the perfect combination of luxury, convenience, and value in an unbeatable location, this condominium presents a unique and truly attractive opportunity. Don't miss out - enquire today to explore this extraordinary property opportunity.

Features

BalconyBalcony

Basic Information

Date Listed Jul 25, 2018
Updated 4 years ago
Property Type Condo
Floor 6
Bedroom 1
Size 341 Sqft
Price per Sqft $449
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, 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 1BR
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.
$52/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U79929

Investment Opportunity: Charges & Yield

Sale Price
$153,000
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.
$52/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.
25
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 The Teak Sathorn-Lumpini, and the current sales price.
4%

Project Details

Project Name: The Teak Sathorn-Lumpini
Construction: Completed (Nov 2019)
Floors: 8
Buildings: N/A
Units: 78
Project Area: N/A
Nearest Landmark Khlong Toei MRT - 1 Km
Location: Chong Nonsi, Bangkok
The Teak Sathorn-Lumpini 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 The Teak Sathorn-Lumpini

For Sale 16 For Rent 6
Available Units at The Teak Sathorn-Lumpini
$150,000$154,000
$430/Sqft
Good Price
Beds 1 Beds
Baths 1 Baths
Size 348 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$156,000$160,000
$456/Sqft
Beds 2 Beds
Baths 1 Baths
Size 341 Sqft Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$153,000$157,000
$417/Sqft
Good Price
Beds 1 Beds
Baths 1 Baths
Size 366 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$158,000$162,000
$462/Sqft
Beds 2 Beds
Baths 1 Baths
Size 341 Sqft Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$153,000$158,000
$449/Sqft
Beds 1 Beds
Baths 1 Baths
Size 341 Sqft Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$158,000$162,000
$462/Sqft
Beds 2 Beds
Baths 1 Baths
Size 341 Sqft Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$154,000$159,000
$443/Sqft
Beds 1 Beds
Baths 1 Baths
Size 348 Sqft Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$155,000$160,000
$423/Sqft
Good Price
Beds 1 Beds
Baths 1 Baths
Size 366 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$156,000$160,000
$456/Sqft
Beds 1 Beds
Baths 1 Baths
Size 341 Sqft Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$156,000$160,000
$456/Sqft
Beds 1 Beds
Baths 1 Baths
Size 341 Sqft Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$156,000$161,000
$449/Sqft
Beds 1 Beds
Baths 1 Baths
Size 348 Sqft Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$158,000$162,000
$462/Sqft
Beds 1 Beds
Baths 1 Baths
Size 341 Sqft Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$158,000$162,000
$462/Sqft
Beds 1 Beds
Baths 1 Baths
Size 341 Sqft Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$159,000$163,000
$456/Sqft
Beds 1 Beds
Baths 1 Baths
Size 348 Sqft Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$167,000$171,000
$456/Sqft
Beds 1 Beds
Baths 1 Baths
Size 366 Sqft Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
$169,000$174,000
$462/Sqft
Beds 1 Beds
Baths 1 Baths
Size 366 Sqft Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to The Teak Sathorn-Lumpini
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Loan Calculator

Frequently Asked Questions

The common area maintenance fee is $2 per square meter based on the size of indoor area of the property and is $52 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 The Teak Sathorn-Lumpini the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
Khlong Toei MRT is the nearest MRT Station from The Teak Sathorn-Lumpini and it is 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 The Teak Sathorn-Lumpini 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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Livable condo close to Khlong Toei MRT station
Elizabeth Petrova, Russia, 5 years ago
I decided to rent the 1 bedroom unit here because it is brand new (the condo has only been open for two years). I am very impressed with the project's location. It is close to the Khlong Toei MRT station and shopping malls. Besides, the project's building is very new and modern, making it ideal for the younger generation. The room is lovely, fully furnished with a kitchen set, loose furniture, air conditioning, etc. Moreover, the project's facilities are perfect for the new generation, such as a rooftop swimming pool with a poolside seating area, gym, garden, and keycard access system. Overall, it's a good place to stay and an excellent place to buy for speculative purposes.
Bangkok
Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Teak Sathorn-Lumpini

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
Chong Nonsi, Yan Nawa, Bangkok
Number of units
282
Sales Prices
$123.37K - $324.67K
Monthly Rentals
$472 - $826
Year Built
Oct 2020
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
345
Sales Prices
$67.59K - $165.29K
▼ -30% underpriced
Monthly Rentals
$325 - $826
Year Built
Dec 2013
Completion Status
Completed
Project Name
The Lofts Sathorn
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
25
Sales Prices
$885.46K - $1.18M
▼ -25% underpriced
Monthly Rentals
$2.95K - $3.54K
Year Built
Dec 2002
Completion Status
Completed
Project Name
Baan Lux-Sathon
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
18
Sales Prices
$1.21M - $3.22M
▲ 28% overpriced
Monthly Rentals
$4.43K
Year Built
Dec 2011
Completion Status
Completed
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
88
Sales Prices
$163.81K - $1.03M
▼ -38% underpriced
Monthly Rentals
$826 - $1.62K
Year Built
Apr 2018
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
169
Sales Prices
$126.62K - $412.92K
▼ -26% underpriced
Monthly Rentals
$561 - $1.92K
Year Built
Dec 2003
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
N/A
Sales Prices
$1.12M
Monthly Rentals
$1.77K
Year Built
Jan 2010
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
95
Sales Prices
$354.18K - $442.73K
▼ -15% underpriced
Monthly Rentals
$885 - $1.06K
Year Built
Jan 1995
Completion Status
Completed
Project Name
Baan Siriyenakat
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
169
Sales Prices
$212.51K - $250.88K
▲ 13% overpriced
Monthly Rentals
$738 - $1.77K
Year Built
Dec 2004
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
77
Sales Prices
$147.58K - $221.36K
Monthly Rentals
$531 - $885
Year Built
Dec 2005
Completion Status
Completed
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