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    2 Bedroom Condo for sale at Silom Grand Terrace
    Si Lom, Bang Rak,Bangkok
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    Sale Price
    $581,000
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    2 Bedroom Condo for sale at Silom Grand Terrace
    (2 Reviews)
    Unit ID: U1774648
    3% Rental Yield
    Si Lom, Bang Rak,Bangkok
    $581,000
    2 Bedrooms
    1
    Bathroom
    947 Sqft
    Size
    8
    Floor
    Dec 2005
    Completed
    5
    Sale Price
    $581,000

    About This Condo

    This property is a 947 Sqft condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Si Lom, Bangkok and was completed in Dec 2005. You can buy this condo for a base price of $581,000 ($614/Sqft) and it is also available for long term rentals starting from $1,450 per month.

    Features

    BalconyBalcony TVTV

    Basic Information

    Date Listed Mar 27, 2024
    Updated 7 months ago
    Property Type Condo
    Floor 8
    Bedrooms 2
    Size 947 Sqft
    Price per Sqft $614
    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
    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) N/A
    Unit Type N/A
    Building Silom Grand Terrace
    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.
    $115/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1774648

    Investment Opportunity: Charges & Yield

    Sale Price
    $581,000
    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.
    $115/mo
    Rent
    $1,450/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.
    33
    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.
    3%

    Project Details

    Project Name: Silom Grand Terrace
    Developer: Metro Star Property
    Construction: Completed (Dec 2005)
    Floors: 21
    Buildings: 1
    Units: 226
    Project Area: 31,754 Sqft
    Nearest Landmark Si Lom MRT - 0.1 Km
    Location: Si Lom, Bangkok
    Silom Grand Terrace Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Library / Reading Room Library / Reading Room
    Attached Market / Shops Attached Market / Shops
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Silom Grand Terrace

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      4th Floor
    • Communal Gym
      4th Floor

    Available Units at Silom Grand Terrace

    For Sale 1 For Rent 13
    • All
    • 2 Beds
    Get notified when new homes are being added to Silom Grand Terrace
    View All (1)

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    Frequently Asked Questions

    No pets are allowed at Silom Grand Terrace 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 $115 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.
    Si Lom MRT is the nearest MRT Station from Silom Grand Terrace and it is 0.1 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 Silom Grand Terrace 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

    4.3 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Old condo but good location
    Emmitt Felch, Australia, 5 years ago
    The condo is quite old but located in a prime area of the city center next to the Silom Complex. It's also conveniently located near Sala Daeng BTS station and Silom MRT station, with easy access and saves time. The condo comprises a gym, a swimming pool, and an excellent security system. The room has complete facilities and is reasonably priced. It's considered one of the pleasant condos and a good location to stay.
    Excellent location. Near BTS and MRT station
    Ray Chisum, Mexico, 6 years ago
    Living here is very impressive. Although the exterior looks a bit old, the project has complete facilities. There is a swimming pool, fitness center, and parking. The project is in an excellent location, very convenient to travel, close to Saladaeng BTS and Silom MRT within walking distance. It is located behind Silom Complex. The surrounding gives an urban sense. The street is crowded with people and cars. I like it as I won't feel lonely. Personally, the condo room is spacious, furnished with standard furniture. The staff provides a good service. The security is just incredible; they strictly check the residents' access. The price is reasonable. It is very suitable for long-term living.
    Bangkok
    Si Lom

    Neighborhood Overview

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