2 Bedroom Condo for sale at The Residences at Sindhorn Kempinski Hotel Bangkok [Leasehold]

 (Write Review)
Lumphini, Pathum Wan,Bangkok
Unit ID: U1936533
8% Rental Yield
Tenant-Occupied until Jun 1, 2025
2 Bedrooms
3 Bathrooms
140 SqM Size
20 Floor
Oct 2020 Completed

About This Condo

This property is a 140 SqM condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Oct 2020. You can buy this condo for a base price of ฿33,000,000 (฿235,714/SqM) and it is also available for long term rentals starting from ฿220,000 per month.

Features

BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Sep 19, 2024
Updated 11 hours ago
Property Type Condo
Floor 20
Bedrooms 2
Size 140 SqM
Price per SqM ฿235,714
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) City View
Unit Type N/A
Building The Residences at Sindhorn Kempinski Hotel Bangkok
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.
฿16,800/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1936533

Investment Opportunity: Charges & Yield

Sale Price
฿33,000,000
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.
฿16,800/mo
Rent
฿220,000/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.
13
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.
8%

Project Details

Developer: Siam Sindhorn
Construction: Completed (Oct 2020)
Floors: 33
Buildings: 1
Units: 231
Project Area: 6,228 SqM
Nearest Landmark Ratchadamri BTS - 0.5 Km
Location: Lumphini, Bangkok
The Residences at Sindhorn Kempinski Hotel Bangkok 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
Basketball Court Basketball Court
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Kids Pool Kids Pool
Lounge Lounge
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at The Residences at Sindhorn Kempinski Hotel Bangkok

  • Communal Pool
    30th Floor
  • Reception / Lobby Area
    Ground Floor
  • Communal Gym
    30th Floor
  • Lounge
    31st Floor

Available Units at The Residences at Sindhorn Kempinski Hotel Bangkok

For Sale 2 For Rent 10
Get notified when new homes are being added to The Residences at Sindhorn Kempinski Hotel Bangkok
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Frequently Asked Questions

No pets are allowed at The Residences at Sindhorn Kempinski Hotel 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 ฿120 per square meter based on the size of indoor area of the property and is ฿16,800 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.
Ratchadamri BTS is the nearest BTS Station from The Residences at Sindhorn Kempinski Hotel Bangkok and it is 0.5 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 Residences at Sindhorn Kempinski Hotel Bangkok you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%

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
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Residences at Sindhorn Kempinski Hotel Bangkok

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
Project Name
Muniq Langsuan
Location
Lumphini, Pathum Wan, Bangkok
Number of units
166
Sales Prices
฿14.9M - ฿125M
▲ 21% overpriced
Monthly Rentals
฿60K - ฿400K
Year Built
Jul 2021
Completion Status
Completed
Project Name
Nimit Langsuan
Location
Lumphini, Pathum Wan, Bangkok
Number of units
187
Sales Prices
฿34M - ฿250M
▼ -6.7% underpriced
Monthly Rentals
N/A
Year Built
Apr 2024
Completion Status
Completed
Project Name
Sindhorn Tonson
Location
Lumphini, Pathum Wan, Bangkok
Number of units
59
Sales Prices
฿20M - ฿39.6M
▼ -5% underpriced
Monthly Rentals
฿98K - ฿180K
Year Built
Jan 2018
Completion Status
Completed
Project Name
Baan Sindhorn
Location
Lumphini, Pathum Wan, Bangkok
Number of units
32
Sales Prices
฿30.5M - ฿38.5M
Monthly Rentals
฿150K - ฿250K
Year Built
Jan 2021
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
200
Sales Prices
฿15.2M - ฿110M
Monthly Rentals
฿42K - ฿450K
Year Built
Jul 2018
Completion Status
Completed
Project Name
Q Langsuan
Location
Lumphini, Pathum Wan, Bangkok
Number of units
177
Sales Prices
฿18.9M - ฿68M
▲ 0.2% overpriced
Monthly Rentals
฿60K - ฿150K
Year Built
Dec 2008
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
68
Sales Prices
฿9.76M - ฿25.5M
▼ -11% underpriced
Monthly Rentals
฿30K - ฿83K
Year Built
Nov 2017
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
54
Sales Prices
฿14.4M - ฿51.2M
▼ -6% underpriced
Monthly Rentals
฿50K
Year Built
Dec 2018
Completion Status
Completed
Project Name
Prive by Sansiri
Location
Lumphini, Pathum Wan, Bangkok
Number of units
78
Sales Prices
฿19.5M - ฿43.6M
▲ 4.3% overpriced
Monthly Rentals
฿40K - ฿130K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Urbana Langsuan
Location
Lumphini, Pathum Wan, Bangkok
Number of units
247
Sales Prices
฿4.5M - ฿10.9M
▼ -16% underpriced
Monthly Rentals
฿30K - ฿150K
Year Built
Dec 2003
Completion Status
Completed
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