Unit ID: U1928576
5% Rental Yield
Wong Sawang, Bang Sue,Bangkok
$124,000
2 Bedrooms
2
Bathrooms
544 Sqft
Size
22
Floor
Dec 2014
Completed

About This Condo

This property is a 544 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Wong Sawang, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of $124,000 ($229/Sqft).

Features

BalconyBalcony TVTV

Basic Information

Date Listed Sep 5, 2024
Updated 2 months ago
Property Type Condo
Floor 22
Bedrooms 2
Size 544 Sqft
Price per Sqft $229
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
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 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.
$48/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1928576

Investment Opportunity: Charges & Yield

Sale Price
$124,000
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.
$48/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.
22
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 The Parkland Ratchada - Wongsawang, and the current sales price.
5%

Project Details

Developer: Narai Property
Construction: Completed (Dec 2014)
Floors: 33
Buildings: N/A
Units: 743
Project Area: N/A
Nearest Landmark Wong Sawang MRT - 0.2 Km
Location: Wong Sawang, Bangkok
The Parkland Ratchada - Wongsawang 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
Sauna Sauna

Available Units at The Parkland Ratchada - Wongsawang

For Sale 8 For Rent 6
Get notified when new homes are being added to The Parkland Ratchada - Wongsawang
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Frequently Asked Questions

No pets are allowed at The Parkland Ratchada - Wongsawang 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 $48 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.
Wong Sawang MRT is the nearest MRT Station from The Parkland Ratchada - Wongsawang 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 The Parkland Ratchada - Wongsawang 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo next to Wong Sawang MRT
Waller Rogers, United States, 7 years ago
This condo is next to Wong Sawang MRT, allowing easy access and close to the community mall and shopping malls, Centralplaza Rama 3, where my girlfriend loves to go. The security system is also standard, with a clean common area, but the gym is a small and spacious swimming pool. Anyway, we've been here 3 times, and we stay in a 1 bedroom condo this time. The room is fully furnished, offering breathtaking landscapes. Very impressed with every visit and will visit here again.
Bangkok
Wong Sawang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Parkland Ratchada - Wongsawang

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
Wong Sawang, Bang Sue, Bangkok
Number of units
1287
Sales Prices
$69.33K - $147.33K
▼ -24% underpriced
Monthly Rentals
$274 - $636
Year Built
Feb 2018
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
242
Sales Prices
$52K - $86.66K
Monthly Rentals
$289 - $578
Year Built
Feb 2017
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
185
Sales Prices
$56.62K
▼ -45% underpriced
Monthly Rentals
N/A
Year Built
Apr 2020
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
1232
Sales Prices
$48.24K - $132.88K
▼ -25% underpriced
Monthly Rentals
$202 - $433
Year Built
Jan 2016
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
714
Sales Prices
$66.44K - $118.44K
▼ -33% underpriced
Monthly Rentals
$289 - $693
Year Built
Dec 2009
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
N/A
Sales Prices
$23.11K - $24.55K
Monthly Rentals
N/A
Year Built
Oct 2007
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
820
Sales Prices
$54.6K - $66.44K
Monthly Rentals
$188 - $448
Year Built
Dec 2013
Completion Status
Completed
Location
Bang Sue, Bang Sue, Bangkok
Number of units
487
Sales Prices
$65K - $83.31K
Monthly Rentals
$332 - $361
Year Built
Jan 2022
Completion Status
Completed
Project Name
Sarin Park
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
221
Sales Prices
$1.15M - $2.2M
Monthly Rentals
N/A
Year Built
May 2020
Completion Status
Completed
Location
Bang Sue, Bang Sue, Bangkok
Number of units
4000
Sales Prices
$39.43K - $54.6K
▲ 31% overpriced
Monthly Rentals
$217 - $462
Year Built
Dec 2017
Completion Status
Completed
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