1 Bedroom Condo for sale at The Teak Sathorn-Lumpini

(1 Review)
Chong Nonsi, Yan Nawa,Bangkok
Unit ID: U79943
1 Bedroom
1 Bathroom
34 SqM Size
7 Floor
Nov 2019 Completed

About This Condo

This property is a 34 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chong Nonsi, Bangkok and was completed in Nov 2019. You can buy this condo for a base price of ฿5,640,000 (฿165,882/SqM).

Discover Luxe Bangkok Living: 34 SqM Condo Heaven!

Welcome to the newest and hottest address of Bangkok, The Teak Sathorn-Lumpini. This modern, state-of-the-art development brings luxury and convenience to those who can call it home, providing residents with some of the best of the area all in one amazing place. The cherry on top of the sundae? This 34 SqM condo, boasting 1 bedroom and 1 bathroom, is now available for sale. Situated in the notorious Chong Nonsi area, this incredible opportunity offers so much convenience without having to sacrifice the style and luxury that comes from living in a bustling city. Completed in Nov 2019, this sleek and chic property allows for the perfect lifestyle without breaking the bank – with a base price of ฿5,640,000 (฿165,882/SqM) this smart investment is sure to hit the jackpot. From here, not only can you keep abreast of what is going on in the ever so-trendy heart of the neighbourhood, but you're also steps away from some of the finest restaurants, shopping, and entertainment that Bangkok has to offer. Enjoy weekends filled with laughter in the city's bustling music and cafe scene!Whether you're searching for an urban oasis to hunker down in and call home, or the ideal renter's paradise that brings big returns, look no further – this 34 SqM condominium is calling your name. Enough of sitting on the sidelines – now is the time to get in the game and enquire about this amazing property today!

Features

BalconyBalcony

Basic Information

Date Listed Jul 25, 2018
Updated 4 years ago
Property Type Condo
Floor 7
Bedroom 1
Size 34 SqM
Price per SqM ฿165,882
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 1BR
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.
฿1,870/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U79943

Investment Opportunity: Charges & Yield

Sale Price
฿5,640,000
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.
฿1,870/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
4%

Project Details

Project Name: The Teak Sathorn-Lumpini
Construction: Completed (Nov 2019)
Floors: 8
Buildings: N/A
Units: 78
Project Area: N/A
Nearest Landmark Khlong Toei MRT - 1 Km
Location: Chong Nonsi, Bangkok
The Teak Sathorn-Lumpini 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

Available Units at The Teak Sathorn-Lumpini

For Sale 18 For Rent 10
Available Units at The Teak Sathorn-Lumpini
฿3,890,000
฿122,135/SqM
Beds 1 Beds
Baths 1 Baths
Size 31.85 SqM Size
Floor 7 Floor
Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿3,890,000
฿129,970/SqM
Beds 1 Beds
Baths 1 Baths
Size 29.93 SqM Size
Floor 7 Floor
Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,061,824฿5,214,059
฿156,471/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 32.35 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,261,788฿5,411,059
฿165,882/SqM
Beds 2 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,160,000฿5,320,000
฿151,765/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,336,424฿5,485,694
฿168,235/SqM
Beds 2 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,187,153฿5,336,424
฿163,529/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,336,424฿5,485,694
฿168,235/SqM
Beds 2 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,214,059฿5,366,294
฿161,176/SqM
Beds 1 Beds
Baths 1 Baths
Size 32.35 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,240,000฿5,400,000
฿154,118/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,261,788฿5,411,059
฿165,882/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,261,788฿5,411,059
฿165,882/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,290,176฿5,442,412
฿163,529/SqM
Beds 1 Beds
Baths 1 Baths
Size 32.35 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,336,424฿5,485,694
฿168,235/SqM
Beds 1 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,336,424฿5,485,694
฿168,235/SqM
Beds 1 Beds
Baths 1 Baths
Size 31.72 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,366,294฿5,518,529
฿165,882/SqM
Beds 1 Beds
Baths 1 Baths
Size 32.35 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,640,000฿5,800,000
฿165,882/SqM
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at The Teak Sathorn-Lumpini
฿5,720,000฿5,880,000
฿168,235/SqM
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to The Teak Sathorn-Lumpini
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Frequently Asked Questions

The common area maintenance fee is ฿55 per square meter based on the size of indoor area of the property and is ฿1,870 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 The Teak Sathorn-Lumpini the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Khlong Toei MRT is the nearest MRT Station from The Teak Sathorn-Lumpini and it is 1 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 Teak Sathorn-Lumpini 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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Livable condo close to Khlong Toei MRT station
Elizabeth Petrova, Russia, 5 years ago
I decided to rent the 1 bedroom unit here because it is brand new (the condo has only been open for two years). I am very impressed with the project's location. It is close to the Khlong Toei MRT station and shopping malls. Besides, the project's building is very new and modern, making it ideal for the younger generation. The room is lovely, fully furnished with a kitchen set, loose furniture, air conditioning, etc. Moreover, the project's facilities are perfect for the new generation, such as a rooftop swimming pool with a poolside seating area, gym, garden, and keycard access system. Overall, it's a good place to stay and an excellent place to buy for speculative purposes.
Bangkok
Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Teak Sathorn-Lumpini

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
Chong Nonsi, Yan Nawa, Bangkok
Number of units
282
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Monthly Rentals
฿15.1K - ฿28.2K
Year Built
Oct 2020
Completion Status
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Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
345
Sales Prices
฿2.3M - ฿5.63M
▼ -30% underpriced
Monthly Rentals
฿11.1K - ฿28.2K
Year Built
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Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
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Number of units
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฿37.2M - ฿110M
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Monthly Rentals
฿151K - ฿181K
Year Built
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Number of units
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Sales Prices
฿5.58M - ฿35.2M
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Monthly Rentals
฿28.2K - ฿55.3K
Year Built
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Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
169
Sales Prices
฿4.31M - ฿14.1M
▼ -26% underpriced
Monthly Rentals
฿15.1K - ฿65.3K
Year Built
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Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
N/A
Sales Prices
฿38.2M
Monthly Rentals
฿60.3K
Year Built
Jan 2010
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
95
Sales Prices
฿12.1M - ฿15.1M
▼ -15% underpriced
Monthly Rentals
฿30.2K - ฿36.2K
Year Built
Jan 1995
Completion Status
Completed
Project Name
Baan Siriyenakat
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
169
Sales Prices
฿7.24M - ฿8.55M
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Completion Status
Completed
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Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
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Monthly Rentals
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Year Built
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Completion Status
Completed
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