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    1 Bedroom Condo for sale at Siamese Sukhumvit 87
    Bang Chak, Phra Khanong,Bangkok
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    Sale Price
    ฿5,900,000
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    1 Bedroom Condo for sale at Siamese Sukhumvit 87

    (1 Review)
    Bang Chak, Phra Khanong,Bangkok
    Unit ID: U1751586
    5% Rental Yield
    Tenant-Occupied until Jul 31, 2026
    1 Bedroom
    1 Bathroom
    40 SqM Size
    9 Floor
    Feb 2021 Completed
    (1 Review)
    Sale Price
    ฿5,900,000
    6

    About This Condo

    This property is a 40 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Chak, Bangkok and was completed in Feb 2021. You can buy this condo for a base price of ฿5,900,000 (฿147,500/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

    Features

    DuplexDuplex BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Mar 5, 2024
    Updated 4 months ago
    Property Type Condo
    Floor 9
    Bedroom 1
    Size 40 SqM
    Price per SqM ฿147,500
    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) City View
    Unit Type N/A
    Building Siamese Sukhumvit 87
    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.
    ฿2,400/mo
    Listed By
    Private Owner
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1751586

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,900,000
    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.
    ฿2,400/mo
    Rent
    ฿25,000/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.
    20
    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.
    5%

    Project Details

    Project Name: Siamese Sukhumvit 87
    Developer: Siamese Asset Public Company Limited
    Construction: Completed (Feb 2021)
    Floors: 25
    Buildings: 1
    Units: 372
    Project Area: 1,600 SqM
    Nearest Landmark On Nut BTS - 0.6 Km
    Location: Bang Chak, Bangkok
    Siamese Sukhumvit 87 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
    Steam Room Steam Room
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area

    Popular Facilities at Siamese Sukhumvit 87

    • All
    • Fitness
    • Leisure
    5
    • Communal Pool
      1st Floor
    • Communal Gym
      1st Floor
    • Yoga Area
      1st Floor

    Available Units at Siamese Sukhumvit 87

    For Sale 4 For Rent 9
    • All
    • 1 Bed
    Get notified when new homes are being added to Siamese Sukhumvit 87
    View All (4)

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    Frequently Asked Questions

    No pets are allowed at Siamese Sukhumvit 87 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 ฿60 per square meter based on the size of indoor area of the property and is ฿2,400 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 Siamese Sukhumvit 87 the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
    On Nut BTS is the nearest BTS Station from Siamese Sukhumvit 87 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 Siamese Sukhumvit 87 you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    FQ
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿50,000
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    On handover
    70%
    TQ
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿10,000
    1st Installment
    Upon contract signing
    ฿50,000
    2nd Installment
    On handover
    100%

    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
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Loft units - double ceiling height
    Marciano brewster, Netherlands, Visitor, 4 years ago
    Lofts are definitely in trend, and have a functional layout. Due to the high ceiling (4.2m) the units feel very spacious regardless of their floor size. Clever storage opportunities and the kitchen can be separated from the living room with a sliding door.
    Bangkok
    Bang Chak

    Neighborhood Overview

    Location and Neighborhood

    Street View

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