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    2 Bedroom Condo for sale at Muniq Sukhumvit 23
    Khlong Toei Nuea, Watthana,Bangkok
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    Sale Price
    $556,000
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    2 Bedroom Condo for sale at Muniq Sukhumvit 23
    (1 Review)
    Unit ID: U1165870
    4% Rental Yield
    Tenant-Occupied until Apr 1, 2025
    Khlong Toei Nuea, Watthana,Bangkok
    $556,000
    2 Bedrooms
    2
    Bathrooms
    753 Sqft
    Size
    8
    Floor
    Dec 2019
    Completed
    14
    Sale Price
    $556,000

    About This Condo

    This property is a 753 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Khlong Toei Nuea, Bangkok and was completed in Dec 2019. You can buy this condo for a base price of $556,000 ($739/Sqft) and it is also available for long term rentals starting from $1,900 per month.

    Features

    BalconyBalcony BathtubBathtub MicrowaveMicrowave

    Basic Information

    Date Listed Nov 1, 2022
    Updated 7 months ago
    Property Type Condo
    Floor 8
    Bedrooms 2
    Size 753 Sqft
    Price per Sqft $739
    Pets All Kind of Pets 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
    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 N/A
    Building Muniq Sukhumvit 23
    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.
    $195/mo
    Listed By
    Private Owner
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1165870

    Investment Opportunity: Charges & Yield

    Sale Price
    $556,000
    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.
    $195/mo
    Rent
    $1,900/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.
    24
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    4%

    Project Details

    Project Name: Muniq Sukhumvit 23
    Developer: Major Development
    Construction: Completed (Dec 2019)
    Floors: 36
    Buildings: 1
    Units: 201
    Project Area: 23,035 Sqft
    Nearest Landmark Sukhumvit MRT - 0.2 Km
    Location: Khlong Toei Nuea, Bangkok
    Muniq Sukhumvit 23 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
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Mini Theater Mini Theater
    Communal Garden Area Communal Garden Area
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Muniq Sukhumvit 23

    • All
    • Fitness
    • Leisure
    • Convenience
    5
    • Communal Pool
      35th Floor
    • Communal Gym
      35th Floor
    • Reception / Lobby Area
      1st Floor
    • Communal Garden Area
      35th Floor
    • Mini Theater
      Rooftop

    Available Units at Muniq Sukhumvit 23

    For Sale 17 For Rent 23
    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    Available Units at Muniq Sukhumvit 23
    $290,000
    $626/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 463 Sqft Size
    Floor 8 Floor
    Thai Quota Fully Furnished City View
    Updated 2 months ago
    Available Units at Muniq Sukhumvit 23
    $234,000
    $506/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 463 Sqft Size
    Floor 9 Floor
    Thai Quota City View
    Available Units at Muniq Sukhumvit 23
    $674,000
    $719/Sqft
    Beds 2 Beds
    Baths 3 Baths
    Size 936 Sqft Size
    Floor 19 Floor
    Updated 2 months ago
    Available Units at Muniq Sukhumvit 23
    $644,000
    $696/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 926 Sqft Size
    Floor 12 Floor
    Fully Furnished
    Available Units at Muniq Sukhumvit 23
    $410,000
    $886/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 463 Sqft Size
    Floor 18 Floor
    Thai Quota Fully Furnished City View
    Available Units at Muniq Sukhumvit 23
    $410,000
    $896/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 457 Sqft Size
    Floor 15 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Muniq Sukhumvit 23
    $556,000
    $739/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 753 Sqft Size
    Floor 8 Floor
    Fully Furnished City View
    Available Units at Muniq Sukhumvit 23
    $583,000
    $777/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 750 Sqft Size
    Floor 23 Floor
    Foreign Quota Unfurnished City View
    Available Units at Muniq Sukhumvit 23
    $202,000$243,000
    $540/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 374 Sqft Size
    Foreign Quota Fully Furnished City View
    Available Units at Muniq Sukhumvit 23
    $644,000
    $680/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 947 Sqft Size
    Floor 19 Floor
    City View
    Available Units at Muniq Sukhumvit 23
    $337,000
    $728/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 463 Sqft Size
    Floor 17 Floor
    Thai Quota Unfurnished City View
    Available Units at Muniq Sukhumvit 23
    $508,000
    $744/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 683 Sqft Size
    Foreign Quota Fully Furnished City View
    Available Units at Muniq Sukhumvit 23
    $644,000
    $680/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 947 Sqft Size
    Floor 23 Floor
    Thai Quota Fully Furnished City View
    Available Units at Muniq Sukhumvit 23
    $1,060,000
    $1,190/Sqft
    Beds 3 Beds
    Baths 3 Baths
    Size 896 Sqft Size
    Foreign Quota Fully Furnished City View
    Available Units at Muniq Sukhumvit 23
    $469,000
    $1,000/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 468 Sqft Size
    Foreign Quota Fully Furnished City View
    Available Units at Muniq Sukhumvit 23
    $908,000$1,650,000
    $904/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 1,004 Sqft Size
    Foreign Quota Fully Furnished City View
    Available Units at Muniq Sukhumvit 23
    $2,360,000
    $1,150/Sqft
    Beds 3 Beds
    Baths 3 Baths
    Size 2,057 Sqft Size
    Foreign Quota Fully Furnished City View
    Get notified when new homes are being added to Muniq Sukhumvit 23
    View All (17)

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    Frequently Asked Questions

    Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Muniq Sukhumvit 23.
    The common area maintenance fee is $3 per square meter based on the size of indoor area of the property and is $195 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 Muniq Sukhumvit 23 the required payment for the sinking fund is $26 per square meter based on the size of the indoor area of the property.
    Sukhumvit MRT is the nearest MRT Station from Muniq Sukhumvit 23 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 Muniq Sukhumvit 23 you have to follow these steps:

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

     


    Untitle
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $1,460
    1st Installment
    Upon contract signing
    10%
    2nd Installment
    On handover
    90%
    Untitle
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $2,930
    1st Installment
    Upon contract signing
    10%
    2nd Installment
    On handover
    90%
    Untitle
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $5,860
    1st Installment
    Upon contract signing
    10%
    2nd Installment
    On handover
    90%

    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

    4.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Worth for investment in a prime location of Bangkok
    Daniel Wong, Singapore, 4 years ago
    From the investor's view, I think Muniq 23 is an interesting condominium in the Asoke area, a CBD area of Bangkok. You can say the location is just premium. The highlight of this project is its architecture, both exterior and interior. From the outside, you will see the building designed in different tiers from the well-known designer. I think the concept is to respond to the lifestyles of urban people nowadays. The condo is stunning and modern, plus, the common areas look so inviting with large greenery space, a pool with a sky view, and a gym. More than that, there is a private theater for the residents to spend time together. The condo's rooftop has a panorama lounge where the residents can enjoy the endless view and the bar. The room I went for inspection was 69 sq.m. It was decorated luxuriously with the warm-tone color. In the bedroom, there is a floor-to-ceiling window at the corner so you can enjoy the view from your bed and get natural light. The kitchen is decorated with marble, so it looks so clean and elegant. The location is convenient for private and public vehicles. You can easily access BTS and MRT. The neighborhood is also wealthy for living with facilities such as restaurants, offices, the Interchange 21 building, and shopping malls like Terminal 21. After visiting the project, I can say that it's worth investing, although it's a bit pricey. It will give you a good return in the future.
    Bangkok
    Khlong Toei Nuea

    Neighborhood Overview

    Location and Neighborhood

    Street View

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