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    2 Bedroom Condo for sale at Whizdom Essence
    Bang Chak, Phra Khanong,Bangkok
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    Sale Price
    $258,000
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    2 Bedroom Condo for sale at Whizdom Essence
     (Write Review)
    Unit ID: U1405280
    5% Rental Yield
    Bang Chak, Phra Khanong,Bangkok
    $258,000
    2 Bedrooms
    2
    Bathrooms
    570 Sqft
    Size
    35
    Floor
    Jan 2019
    Completed
    8
    Sale Price
    $258,000

    About This Condo

    This property is a 570 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Bang Chak, Bangkok and was completed in Jan 2019. You can buy this condo for a base price of $258,000 ($452/Sqft).

    Features

    Corner UnitCorner Unit BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed May 8, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 35
    Bedrooms 2
    Size 570 Sqft
    Price per Sqft $452
    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%.

    Foreign Quota, 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.
    $77/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1405280

    Investment Opportunity: Charges & Yield

    Sale Price
    $258,000
    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.
    $77/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 Whizdom Essence, and the current sales price.
    5%

    Project Details

    Project Name: Whizdom Essence
    Developer: Magnolia Quality Development Corporation Limited
    Construction: Completed (Jan 2019)
    Floors: 50
    Buildings: N/A
    Units: 664
    Project Area: N/A
    Nearest Landmark Punnawithi BTS - 0.6 Km
    Location: Bang Chak, Bangkok
    Whizdom Essence 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
    Library / Reading Room Library / Reading Room
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Available Units at Whizdom Essence

    For Sale 13 For Rent 23
    • All
    • 1 Bed
    • 2 Beds
    Updated 4 weeks ago
    Available Units at Whizdom Essence
    $363,000
    $431/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 842 Sqft Size
    Floor 39 Floor
    Foreign Quota Partly Furnished Unblocked Open View
    Updated 1 month ago
    Available Units at Whizdom Essence
    $162,000
    $444/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 366 Sqft Size
    Floor 38 Floor
    Thai Quota Fully Furnished City View
    Updated 2 months ago
    Available Units at Whizdom Essence
    $187,000
    $511/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 366 Sqft Size
    Floor 18 Floor
    Fully Furnished City View
    Updated 5 days ago
    Available Units at Whizdom Essence
    $247,000
    $436/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 566 Sqft Size
    Floor 17 Floor
    Foreign Quota Fully Furnished City View
    Updated 2 weeks ago
    Available Units at Whizdom Essence
    $182,000
    $493/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 370 Sqft Size
    Floor 18 Floor
    Fully Furnished City View
    Updated 2 months ago
    Available Units at Whizdom Essence
    $278,000
    $488/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 571 Sqft Size
    Floor 34 Floor
    Thai Quota Fully Furnished City View
    Available Units at Whizdom Essence
    $165,000
    $460/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 360 Sqft Size
    Floor 8 Floor
    Fully Furnished Pool View
    Available Units at Whizdom Essence
    $258,000
    $453/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 570 Sqft Size
    Floor 12 Floor
    Fully Furnished
    Available Units at Whizdom Essence
    $270,000
    $474/Sqft
    Beds 2 Beds
    Baths 1 Baths
    Size 570 Sqft Size
    Floor 41 Floor
    Foreign Quota Partly Furnished River or Canal View
    Available Units at Whizdom Essence
    $166,000
    $428/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 388 Sqft Size
    Floor 12 Floor
    Fully Furnished City View
    Available Units at Whizdom Essence
    $258,000
    $452/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 570 Sqft Size
    Floor 35 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Whizdom Essence
    $242,000
    $441/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 549 Sqft Size
    Floor 10 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Whizdom Essence
    $290,000
    $490/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 592 Sqft Size
    Floor 7 Floor
    Foreign Quota Fully Furnished City View
    Get notified when new homes are being added to Whizdom Essence
    View All (13)

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    Frequently Asked Questions

    No pets are allowed at Whizdom Essence 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 $77 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 Whizdom Essence the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Punnawithi BTS is the nearest BTS Station from Whizdom Essence and it is 0.6 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 Whizdom Essence 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

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    Bangkok
    Bang Chak

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