Unit ID: U79909
4% Rental Yield
Chong Nonsi, Yan Nawa,Bangkok
฿5,240,000 ฿5,400,000 Great Price
1 Bedroom
1
Bathroom
34 SqM
Size
3
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 ฿5,240,000 (฿154,118/SqM).

Live Luxuriously in City Life: The Teak Sathorn-Lumpini Condos!

Are you in the market for a sleek, modern condo that perfectly blends convenience, comfort, and style? Look no further! Recently completed in November 2019, The Teak Sathorn-Lumpini project offers premium one-bedroom, one-bathroom condos, just perfect for single professionals or couples looking for their first joint property.For those wanting the convenience of living in the city without feeling overwhelmed by it, this project in Chong Nonsi is right up your alley. You'll love being just a stone's throw away from all your favourite spots while still able to enjoy the all the luxury of a modern metropolitan condo. This exciting property comes in at an impressive 34 SqM and is being offered at an unprecedented base price of ฿5,240,000 (฿154,118/SqM). With such a great value, this modern marvel won't be on the market for long.Inside your condo, you'll find everything you need to live in comfort and luxury. The open-concept layout allows for an airy, bright atmosphere that is perfect for entertaining guests or just enjoying some quality "me time". The modern kitchen features stainless steel appliances that are of the highest quality and make cooking a breeze. The bathroom features a sleek monochrome palette with plenty of storage for all your toiletries. In addition, the building offers an array of amenities for your enjoyment, such as a pool, gym, and sauna.This modern condo offers the perfect blend of convenience, comfort, and style. Don't miss this opportunity to live in the heart of Chong Nonsi while enjoying all the luxuries of city living. Inquire today before someone else snaps up this incredible deal!

Features

BalconyBalcony

Basic Information

Date Listed Jul 25, 2018
Updated 4 years ago
Property Type Condo
Floor 3
Bedroom 1
Size 34 SqM
Price per SqM ฿154,118
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 U79909

Investment Opportunity: Charges & Yield

Sale Price
฿5,240,000
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.
25
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at The Teak Sathorn-Lumpini, and the current sales price.
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 16 For Rent 6
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
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
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
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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Loan Calculator

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
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Year Built
Completion Status
Project Name
Location
Number of units
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Location
Chong Nonsi, Yan Nawa, Bangkok
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282
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Location
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Number of units
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Project Name
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Chong Nonsi, Yan Nawa, Bangkok
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฿5.55M - ฿35M
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Year Built
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Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
169
Sales Prices
฿4.29M - ฿14M
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Year Built
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Completed
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Chong Nonsi, Yan Nawa, Bangkok
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N/A
Sales Prices
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Monthly Rentals
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Year Built
Jan 2010
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
95
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▼ -15% underpriced
Monthly Rentals
฿30K - ฿36K
Year Built
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Completion Status
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Project Name
Baan Siriyenakat
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
169
Sales Prices
฿7.2M - ฿8.5M
▲ 13% overpriced
Monthly Rentals
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Year Built
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Completion Status
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Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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