Unit ID: U164083
5% Rental Yield
Thung Mahamek, Sathon,Bangkok
$246,000
2 Bedrooms
2
Bathrooms
700 Sqft
Size
18
Floor
Dec 2011
Completed

About This Condo

This property is a 700 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thung Mahamek, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of $246,000 ($351/Sqft).

Features

BalconyBalcony

Basic Information

Date Listed Jun 5, 2019
Updated 2 weeks ago
Property Type Condo
Floor 18
Bedrooms 2
Size 700 Sqft
Price per Sqft $351
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.
$75/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U164083

Investment Opportunity: Charges & Yield

Sale Price
$246,000
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.
$75/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.
19
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 Seed Mingle, and the current sales price.
5%

Project Details

Project Name: The Seed Mingle
Developer: Pruksa Real Estate
Construction: Completed (Dec 2011)
Floors: 31
Buildings: 2
Units: 531
Project Area: 49,643 Sqft
Nearest Landmark Lumphini MRT - 0.9 Km
Location: Thung Mahamek, Bangkok
The Seed Mingle 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
Lounge Lounge
Back Up Generators Back Up Generators

Popular Facilities at The Seed Mingle

  • Communal Pool
    8th Floor
  • Communal Gym
    8th Floor
  • Lounge
    8th Floor

Available Units at The Seed Mingle

For Sale 18 For Rent 63
Available Units at The Seed Mingle
$130,000
$281/Sqft
Beds 1 Beds
Baths 1 Baths
Size 463 Sqft Size
Floor 23 Floor
Thai Quota Fully Furnished City View
Updated 2 months ago
Available Units at The Seed Mingle
$80,900
$289/Sqft
Beds Studio Beds
Baths 1 Baths
Size 280 Sqft Size
Floor 2 Floor
Thai Quota Fully Furnished City View
Updated 2 days ago
Available Units at The Seed Mingle
$123,000
$272/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 452 Sqft Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Updated 2 months ago
Available Units at The Seed Mingle
$168,000
$333/Sqft
Beds 1 Beds
Baths 1 Baths
Size 503 Sqft Size
Floor 19 Floor
Thai Quota Fully Furnished City View
Updated 1 month ago
Available Units at The Seed Mingle
$80,900
$278/Sqft
Beds Studio Beds
Baths 1 Baths
Size 291 Sqft Size
Floor 2 Floor
Thai Quota Fully Furnished City View
Updated 3 days ago
Available Units at The Seed Mingle
$140,000
$310/Sqft
Beds 1 Beds
Baths 1 Baths
Size 452 Sqft Size
Floor 21 Floor
Thai Quota Fully Furnished City View
Updated 2 days ago
Available Units at The Seed Mingle
$121,000
$268/Sqft
Beds 1 Beds
Baths 1 Baths
Size 452 Sqft Size
Floor 13 Floor
Thai Quota Fully Furnished City View
Available Units at The Seed Mingle
$130,000
$288/Sqft
Beds 1 Beds
Baths 1 Baths
Size 452 Sqft Size
Floor 4 Floor
Updated 1 month ago
Available Units at The Seed Mingle
$91,700
$328/Sqft
Beds 1 Beds
Baths 1 Baths
Size 280 Sqft Size
Floor 16 Floor
Thai Quota Fully Furnished City View
Updated 1 month ago
Available Units at The Seed Mingle
$113,000
$299/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished City View
Available Units at The Seed Mingle
$142,000
$313/Sqft
Beds 1 Beds
Baths 1 Baths
Size 452 Sqft Size
Floor 22 Floor
Thai Quota Fully Furnished City View
Updated 2 weeks ago
Available Units at The Seed Mingle
$246,000
$351/Sqft
Beds 2 Beds
Baths 2 Baths
Size 700 Sqft Size
Floor 18 Floor
Thai Quota Fully Furnished City View
Available Units at The Seed Mingle
$86,400
$277/Sqft
Beds Studio Beds
Baths 1 Baths
Size 312 Sqft Size
Floor 10 Floor
Thai Quota Fully Furnished Unblocked Open View
Available Units at The Seed Mingle
$149,000
$346/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 431 Sqft Size
Floor 20 Floor
Thai Quota Fully Furnished City View
Available Units at The Seed Mingle
$143,000$147,000
$324/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 441 Sqft Size
Floor 12 Floor
Thai Quota Partly Furnished City View
Available Units at The Seed Mingle
$101,000
$348/Sqft
Great Price
Beds Studio Beds
Baths 1 Baths
Size 291 Sqft Size
Floor 24 Floor
Thai Quota Fully Furnished City View
Available Units at The Seed Mingle
$173,000
$346/Sqft
Beds 1 Beds
Baths 1 Baths
Size 500 Sqft Size
Floor 11 Floor
Thai Quota Fully Furnished City View
Available Units at The Seed Mingle
$246,000
$355/Sqft
Great Price
Beds 2 Beds
Baths 2 Baths
Size 691 Sqft Size
Floor 21 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to The Seed Mingle
View All (18)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Seed Mingle 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 $75 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.
Lumphini MRT is the nearest MRT Station from The Seed Mingle and it is 0.9 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 Seed Mingle 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I really can't go wrong choosing this place
John Harold, Germany, 6 years ago
I decided to buy a room for this project. Overall, it's great. My studio room is about 25 sq .m, which is not too narrow to make it uncomfortable. The furniture in the room is from famous brands, so it is of high quality. Also, there are complete facilities in the common area like swimming pool, fitness, garden and many others. However, the only downside that I've found is the insufficient car parking space (40% of all residents), so sometimes there must be double parking. The location is ok, so it's near the office. Plus, inside the alley, there are plenty of restaurants and convenience stores. This place is quite suitable for people traveling by car since it is adjacent to many roads like Narathiwat Road, Rama 3, and Rama 4. For those who travel by public transport, it is not far from the bus stop. However, if it's MRT and BTS, I believe it's quite a distance. The majority of residents in this area mostly rely on motorcycle taxis. Overall, I think this place is perfect for me. I really can't go wrong choosing this place.
Bangkok
Thung Mahamek

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Seed Mingle

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
Thung Mahamek, Sathon, Bangkok
Number of units
302
Sales Prices
$97.83K - $400.11K
▼ -27% underpriced
Monthly Rentals
$403 - $863
Year Built
Jan 2006
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
58
Sales Prices
$345.3K - $374.07K
▼ -37% underpriced
Monthly Rentals
$806 - $834
Year Built
Dec 2001
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
281
Sales Prices
$258.97K
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
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Sales Prices
$195.67K - $469.03K
▼ -25% underpriced
Monthly Rentals
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Year Built
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Completion Status
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Location
Thung Mahamek, Sathon, Bangkok
Number of units
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Sales Prices
$1.11M - $7.19M
▲ 7% overpriced
Monthly Rentals
$2.88K - $10.36K
Year Built
Dec 2009
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
131
Sales Prices
$949.57K - $4.09M
Monthly Rentals
$1.87K - $4.75K
Year Built
Dec 1991
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
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Sales Prices
$802.82K - $1.73M
Monthly Rentals
$1.24K - $4.03K
Year Built
Nov 2021
Completion Status
Completed
Project Name
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Location
Thung Mahamek, Sathon, Bangkok
Number of units
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Sales Prices
$374.07K - $1.93M
▼ -17% underpriced
Monthly Rentals
$921 - $2.16K
Year Built
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Completion Status
Completed
Project Name
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Location
Thung Mahamek, Sathon, Bangkok
Number of units
580
Sales Prices
$158.26K - $2.88M
▼ -14.9% underpriced
Monthly Rentals
$518 - $2.88K
Year Built
Dec 2008
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
Feb 2023
Completion Status
Completed
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