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    1 Bedroom Condo for sale at Whizdom Connect Sukhumvit
    Bang Chak, Phra Khanong,Bangkok
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    Sale Price
    $117,000
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    1 Bedroom Condo for sale at Whizdom Connect Sukhumvit
     (Write Review)
    Unit ID: U1948780
    4% Rental Yield
    Bang Chak, Phra Khanong,Bangkok
    $117,000
    1 Bedroom
    1
    Bathroom
    297 Sqft
    Size
    14
    Floor
    Jan 2020
    Completed
    6
    Sale Price
    $117,000

    About This Condo

    This property is a 297 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Chak, Bangkok and was completed in Jan 2020. You can buy this condo for a base price of $117,000 ($395/Sqft).

    Features

    BalconyBalcony

    Basic Information

    Date Listed Oct 12, 2024
    Updated 17 hours ago
    Property Type Condo
    Floor 14
    Bedroom 1
    Size 297 Sqft
    Price per Sqft $395
    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
    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.
    $41/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1948780

    Investment Opportunity: Charges & Yield

    Sale Price
    $117,000
    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.
    $41/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 Whizdom Connect Sukhumvit, and the current sales price.
    4%

    Project Details

    Project Name: Whizdom Connect Sukhumvit
    Developer: Magnolia Quality Development Corporation Limited
    Construction: Completed (Jan 2020)
    Floors: 46
    Buildings: 1
    Units: 554
    Project Area: 86,111 Sqft
    Nearest Landmark Udom Suk BTS - 0.7 Km
    Location: Bang Chak, Bangkok
    Whizdom Connect Sukhumvit Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Walking / Running Track Walking / Running Track
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Kids Pool Kids Pool
    Outdoor Kids Zone Outdoor Kids Zone
    BBQ Area BBQ Area
    Lounge Lounge
    Communal Garden Area Communal Garden Area
    Key card access Key card access
    Access to BTS/MRT Access to BTS/MRT

    Popular Facilities at Whizdom Connect Sukhumvit

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Communal Pool
      6th Floor
    • Communal Gym
      6th Floor
    • Indoor Kids Zone
      6th Floor
    • Reception / Lobby Area
      1st Floor
    • Walking / Running Track
      1st Floor
    • Co-Working Space / Meeting Room
      1st Floor
    • Lounge
      31st Floor
    • Communal Garden Area
      1st Floor
    • Outdoor Kids Zone
      1st Floor

    Available Units at Whizdom Connect Sukhumvit

    For Sale 6 For Rent 13
    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Whizdom Connect Sukhumvit
    View All (6)

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    Frequently Asked Questions

    No pets are allowed at Whizdom Connect Sukhumvit 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 ₿0.001 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 Whizdom Connect Sukhumvit the required payment for the sinking fund is ₿0 per square meter based on the size of the indoor area of the property.
    Udom Suk BTS is the nearest BTS Station from Whizdom Connect Sukhumvit 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 Whizdom Connect Sukhumvit you have to follow these steps:

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

     


    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $297
    1st Installment
    Upon contract signing
    $297
    2nd 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

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    Bangkok
    Bang Chak

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