Unit ID: U1427340
6% Rental Yield
Suan Luang, Suan Luang,Bangkok
$2,890,000
4 Bedrooms
5.5
Bathrooms
5,931 Sqft
Indoor Area
2
Storeys
May 2023
Completed

About This House

This property is a 5,931 Sqft house with 4 bedrooms and 5.5 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in May 2023. You can buy this house for a base price of $2,890,000 ($487/Sqft) and it is also available for long term rentals starting from $14,400 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub MicrowaveMicrowave

Basic Information

Date Listed Jun 9, 2023
Updated 2 months ago
Property Type House (Single Detached)
Storeys 2
Location Suan Luang, Bangkok
Bedrooms 4
Nearest Landmark Hua Mak ARL -2.7 Km
Indoor Area 5,931 Sqft
Price per Sqft $487
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 5,468 Sqft
Pets All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

Thai Ownership
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

N/A
Land Title Deed N/A
Construction Completed (May 2023)
Furniture
Unfurnished
View(s) Garden View
Unit Type N/A
Parking Spots 4
Pool Size 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.
$1,610/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1427340

Investment Opportunity: Charges & Yield

Sale Price
$2,890,000
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.
$1,610/mo
Rent
$14,400/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.
17
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.
6%

Project Details

Project Name: Siraninn Residences
Developer: Singha Estate
Construction: Completed (May 2023)
Units: 28
Project Area: 396,112 Sqft
Nearest Landmark Hua Mak ARL - 2.7 Km
Location: Suan Luang, Bangkok
Siraninn Residences Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Walking / Running Track Walking / Running Track
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area
Lounge Lounge
Communal Garden Area Communal Garden Area
Solar Panels Solar Panels

Popular Facilities at Siraninn Residences

  • Communal Garden Area
    1st Floor
  • Communal Pool
    1st Floor
  • Lounge
    1st Floor

Available Units at Siraninn Residences

For Sale 3 For Rent 2
Get notified when new homes are being added to Siraninn Residences
View All (3)

Loan Calculator

Payment Plan

Residence 1&2
Installment Milestone Payment
Reservation Deposit
Immediately
$28,900
Down Payment
Upon contract signing
20%
1st Installment
On handover
80%
Residence 3
Installment Milestone Payment
Reservation Deposit
Immediately
$28,900
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

Frequently Asked Questions

All kind of pets are allowed at Siraninn Residences including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ₿0 per square meter based on the plot size of the property and is ₿0.017 for this house. 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.
Hua Mak ARL is the nearest Airport Rail Link Station from Siraninn Residences and it is 2.7 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at Siraninn Residences you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Residence 1&2
Installment Milestone Payment
Reservation Deposit
Immediately
$28,900
Down Payment
Upon contract signing
20%
1st Installment
On handover
80%
Residence 3
Installment Milestone Payment
Reservation Deposit
Immediately
$28,900
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%


Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

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
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Siraninn Residences

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
Suan Luang, Suan Luang, Bangkok
Number of units
223
Sales Prices
$182.72K - $201.42K
Monthly Rentals
$863
Year Built
Jan 2014
Completion Status
Completed
Project Name
Baan Pattanakarn
Location
Suan Luang, Suan Luang, Bangkok
Number of units
20
Sales Prices
$1.55M
Monthly Rentals
N/A
Year Built
Jan 2003
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
146
Sales Prices
$174.95K - $517.95K
▼ -28% underpriced
Monthly Rentals
$719 - $2.59K
Year Built
Dec 1996
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
36
Sales Prices
$4.46M - $11.51M
▼ -6% underpriced
Monthly Rentals
$9.5K - $23.02K
Year Built
Sep 2018
Completion Status
Completed
Project Name
Pran Pattanakarn
Location
Suan Luang, Suan Luang, Bangkok
Number of units
5
Sales Prices
$860.37K - $1.38M
▲ 17.5% overpriced
Monthly Rentals
N/A
Year Built
May 2021
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
438
Sales Prices
$109.06K - $250.34K
▲ 5% overpriced
Monthly Rentals
$1.24K - $1.5K
Year Built
Dec 2013
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
166
Sales Prices
$388.46K - $517.95K
Monthly Rentals
$1.29K - $1.73K
Year Built
Jul 2012
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
142
Sales Prices
$129.49K
Monthly Rentals
N/A
Year Built
Mar 2010
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
74
Sales Prices
$207.18K - $330.91K
▼ -16% underpriced
Monthly Rentals
$1.01K - $1.29K
Year Built
Dec 2018
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
34
Sales Prices
$1.41M - $2.22M
Monthly Rentals
$7.19K - $14.39K
Year Built
Jun 2022
Completion Status
Completed
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