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    2 Bedroom Condo for sale at Oriental Residence Bangkok
    Lumphini, Pathum Wan,Bangkok
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    Sale Price
    ฿20,500,000
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    2 Bedroom Condo for sale at Oriental Residence Bangkok [Leasehold]

    (3 Reviews)
    Lumphini, Pathum Wan,Bangkok
    Unit ID: U1141250
    6% Rental Yield
    Tenant-Occupied until Mar 25, 2025
    2 Bedrooms
    2 Bathrooms
    114 SqM Size
    24 Floor
    Dec 2009 Completed
    (3 Reviews)
    Sale Price
    ฿20,500,000
    8

    About This Condo

    This property is a 114 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿20,500,000 (฿179,825/SqM) and it is also available for long term rentals starting from ฿100,000 per month.

    5 Stars service accommodation

    Located in the downtown, premium, area. Nearby, there are many department stores, malls, parks, and community malls. Also, the distance from Ploenchit BTS station is 150meters.  Resident will be provided with 2 parkings-one fixed. If he does not wish to drive, he can use Hotel shuttle service, in which circulate between BTS station and ORB every hour. 

    Features

    Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Mar 3, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 24
    Bedrooms 2
    Size 114 SqM
    Price per SqM ฿179,825
    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%.

    Leasehold
    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) Park View, City View, Unblocked Open 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.
    ฿7,980/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1141250

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿20,500,000
    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.
    ฿7,980/mo
    Rent
    ฿100,000/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.
    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: Oriental Residence Bangkok
    Developer: N/A
    Construction: Completed (Dec 2009)
    Floors: 21
    Buildings: N/A
    Units: 145
    Project Area: 1,600 SqM
    Nearest Landmark Phloen Chit BTS - 0.6 Km
    Location: Lumphini, Bangkok
    Oriental Residence Bangkok Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Sauna Sauna
    Communal Garden Area Communal Garden Area

    Available Units at Oriental Residence Bangkok

    For Sale 6 For Rent 9
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Oriental Residence Bangkok
    View All (6)

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    Frequently Asked Questions

    No pets are allowed at Oriental Residence Bangkok 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 ฿70 per square meter based on the size of indoor area of the property and is ฿7,980 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.
    Phloen Chit BTS is the nearest BTS Station from Oriental Residence Bangkok 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 Oriental Residence Bangkok 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

    4.9 out of 5
    Based on
    3 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A 5-star good service
    Lydia Carling, Turkey, 4 years ago
    A 5-star service condo with beautiful and pleasant rooms. Besides the beautiful rooms, many services are included, such as a banqueting hall, conference room and organize special events. The facilities are clean, beautifully decorated, and secure. Parking lots are also sufficient for the residents. Also, there is a shuttle bus service to the nearby places like Chidlom BTS, without using any private cars, which is considered convenient. I'll stay here again if I have a chance to work here as it's convenient with a good location. The project also provides complete facilities to make life convenient. The price is also suitable for the quality. Excellent all !!
    Marvelous project for luxurious and comfy stay
    Francesca Castro, Spain, 6 years ago
    I stayed here for 2 months during my work trip in Thailand because it's near the embassy of America. The project is located at Witthayu Road, near BST, making my living in BKK easier than I thought. The project itself is super stunning in oriental style, which I originally love. The color scheme is comforting. Also, there is a monthly rate offered, which is worthwhile. The room is wide, and the facilities are complete and elegant, such as a pool, gym, and on-site restaurants. Oh! I also love the privacy because the project is pretty quiet with good management.
    Such a perfect place, very worth the price!!!
    Derek Izzi, Italy, 6 years ago
    We love this place. It is perfect and has a beautiful, elegant, and classic decoration from the lobby and the room. The semi-open pool is beautiful, always gets a good wind and can see the city view too. There is a good location in the central business district, but there is still a quiet atmosphere here and not crowded. Very convenient for both public transportation and private cars and just about 700 meters from Phloen Chit BTS station. Very worth the price!!
    Bangkok
    Lumphini

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