Unit ID: U1964204
3% Rental Yield
Wang Mai, Pathum Wan,Bangkok
$317,000
2 Bedrooms
1
Bathroom
624 Sqft
Size
7
Floor
Jan 2016
Completed

About This Condo

This property is a 624 Sqft condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Wang Mai, Bangkok and was completed in Jan 2016. You can buy this condo for a base price of $317,000 ($507/Sqft).

Condo for sale in Bangkok. This condo is conveniently located in the Siam area, a mere 100m from the Jim Thompson museum, 250m from the National Stadium BTS station and 500m from the MBK mall. The Siam Paragon luxury mall and Siam BTS station are also a mere km away. This 58 m2 condo features two bedrooms, one bathroom, an open plan living, dining and kitchen area and two balconies. It comes fully furnished. The condo also gives access to a wide range of facilities including a nice swimming pool, a fitness, a lounge room, underground parking and 24-hour security.

Features

Private GymPrivate Gym Pool AccessPool Access Covered ParkingCovered Parking

Basic Information

Date Listed Nov 6, 2024
Updated N/A
Property Type Condo
Floor 7
Bedrooms 2
Size 624 Sqft
Price per Sqft $507
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%.

N/A
Furniture
N/A
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.
$134/mo
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1964204

Investment Opportunity: Charges & Yield

Sale Price
$317,000
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.
$134/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.
29
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 2 bedroom condos at Klass Siam, and the current sales price.
3%

Project Details

Project Name: Klass Siam
Developer: Pipat Assets
Construction: Completed (Jan 2016)
Floors: 8
Buildings: 1
Units: 79
Project Area: 14,036 Sqft
Nearest Landmark National Stadium BTS - 0.2 Km
Location: Wang Mai, Bangkok
Klass Siam Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Party Hall / Group Entertainment Party Hall / Group Entertainment
Library / Reading Room Library / Reading Room
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Klass Siam

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Reception / Lobby Area
    Ground Floor

Available Units at Klass Siam

For Sale 5 For Rent 8
Get notified when new homes are being added to Klass Siam
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Frequently Asked Questions

No pets are allowed at Klass Siam 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 $134 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.
National Stadium BTS is the nearest BTS Station from Klass Siam and it is 0.2 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 Klass Siam 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
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Perfect location and great value
Luna Tian, China, 4 years ago
The condo here is located in the perfect location with full convenience. Travel is easy, close to the National Stadium BTS station, only a few hundred meters. There are famous restaurants, restaurants, and Siam Paragon. The project is only 8-floors, but inside it has complete facilities such as a swimming pool, receptionist, parking lot, and jacuzzi. Plus, the security system is excellent. Video door phones make it safer when inviting guests and seeing visitors. The room is stylish too, elegant and beautiful, decorated premium-grade materials, and can also enjoy decorating the room in your style. Moreover, the staff is always helpful. I used to have problems with slow water flow, but they fixed it very quickly. This project is very worthwhile for the price.
I really like this project!
Marie Arnold, Denmark, 5 years ago
I really like this project. I bought a one-bedroom unit at 44 sq.m, which is a perfect size. The furniture is from leading brands. The project is located in Soi Kasemsan 2, near the National Stadium BTS station, making it convenient to travel anywhere. The facilities provided are completed, including a gym, mailroom, and a swimming pool. The price is relatively high, considering its location and the room quality. Very worthwhile!
Bangkok
Wang Mai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Klass Siam

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
Baan Kasemsan 1
Location
Wang Mai, Pathum Wan, Bangkok
Number of units
N/A
Sales Prices
$425.87K - $776.92K
▼ -19% underpriced
Monthly Rentals
N/A
Year Built
Jan 2006
Completion Status
Completed
Location
Wang Mai, Pathum Wan, Bangkok
Number of units
303
Sales Prices
$158.26K - $374.07K
▼ -13.3% underpriced
Monthly Rentals
$489 - $1.09K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Condo One Siam
Location
Wang Mai, Pathum Wan, Bangkok
Number of units
N/A
Sales Prices
$158.26K - $187.04K
Monthly Rentals
$374 - $1.15K
Year Built
Jan 2009
Completion Status
Completed
Location
Wang Mai, Pathum Wan, Bangkok
Number of units
273
Sales Prices
$141K - $359.68K
▼ -3.1% underpriced
Monthly Rentals
$518 - $1.58K
Year Built
Dec 2014
Completion Status
Completed
Location
Thanon Phet Buri, Pathum Wan, Bangkok
Number of units
179
Sales Prices
$113.37K - $189.37K
▲ 1.2% overpriced
Monthly Rentals
$518 - $575
Year Built
Apr 2018
Completion Status
Completed
Project Name
Wish @ Siam
Location
Thanon Phet Buri, Pathum Wan, Bangkok
Number of units
284
Sales Prices
$80.28K - $239.98K
▼ -36% underpriced
Monthly Rentals
$345 - $719
Year Built
Dec 2008
Completion Status
Completed
Project Name
Pyne by Sansiri
Location
Thanon Phet Buri, Pathum Wan, Bangkok
Number of units
298
Sales Prices
$244.59K - $1.35M
▼ -3.5% underpriced
Monthly Rentals
$748 - $1.87K
Year Built
Dec 2012
Completion Status
Completed
Location
Thanon Phet Buri, Pathum Wan, Bangkok
Number of units
306
Sales Prices
$133.8K - $169.77K
Monthly Rentals
$432 - $575
Year Built
Jan 2014
Completion Status
Completed
Location
Thanon Phet Buri, Pathum Wan, Bangkok
Number of units
156
Sales Prices
$187.04K - $313.65K
▼ -50% underpriced
Monthly Rentals
$633 - $1.15K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Maestro 12
Location
Thanon Phet Buri, Pathum Wan, Bangkok
Number of units
115
Sales Prices
$117.98K - $359.68K
▼ -28.5% underpriced
Monthly Rentals
$446 - $1.12K
Year Built
Dec 2015
Completion Status
Completed
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