1 Bedroom Condo for sale at The Privacy Rama 9

(1 Review)
Suan Luang, Suan Luang,Bangkok
Unit ID: U1926816
6% Rental Yield
1 Bedroom
1 Bathroom
23.50 SqM Size
15 Floor
Jan 2020 Completed

About This Condo

This property is a 23.50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Jan 2020. You can buy this condo for a base price of £52,500 (£2,240/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Sep 3, 2024
Updated 1 month ago
Property Type Condo
Floor 15
Bedroom 1
Size 23.50 SqM
Price per SqM £2,240
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%.

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 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.
£23/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1926816

Investment Opportunity: Charges & Yield

Sale Price
£52,500
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.
£23/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.
18
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 Privacy Rama 9 , and the current sales price.
6%

Project Details

Project Name: The Privacy Rama 9
Developer: Pruksa Real Estate
Construction: Completed (Jan 2020)
Floors: 30
Buildings: 1
Units: 854
Project Area: 7,442 SqM
Nearest Landmark Ramkhamhaeng ARL - 0.4 Km
Location: Suan Luang, Bangkok
The Privacy Rama 9 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Basketball Court Basketball Court
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Mini Theater Mini Theater
Library / Reading Room Library / Reading Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Privacy Rama 9

  • Communal Pool
    5th Floor
  • Communal Gym
    5th Floor
  • Mini Theater
    5th Floor
  • Lounge
    30th Floor

Available Units at The Privacy Rama 9

For Sale 12 For Rent 16
Get notified when new homes are being added to The Privacy Rama 9
View All (12)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Privacy Rama 9 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 £1 per square meter based on the size of indoor area of the property and is £23 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 Privacy Rama 9 the required payment for the sinking fund is £11 per square meter based on the size of the indoor area of the property.
Ramkhamhaeng ARL is the nearest Airport Rail Link Station from The Privacy Rama 9 and it is 0.4 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 Privacy Rama 9 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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo has a lot of facilities.
George Hick, Denmark, 3 years ago
I made the right choice choosing this condo's 1 bedroom unit as the room is spacious and nicely decorated. The thing that impressed me the most is that there are a lot of facilities: 3 lounges here, including a large swimming pool, fitness center, bar, theater room, etc. The next impression is the location on the main road and expressway; it is very convenient to drive anywhere. If you prefer to travel by train, Ramkhamhaeng ARL station is only 250 meters away. In addition, there are numerous shopping malls, shops, and restaurants in the area. Everything is in one place!
Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Privacy Rama 9

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
Suan Luang, Suan Luang, Bangkok
Number of units
1003
Sales Prices
£50.2K - £129K
▼ -6% underpriced
Monthly Rentals
£229 - £344
Year Built
Jul 2018
Completion Status
Completed
Location
Hua Mak, Suan Luang, Bangkok
Number of units
639
Sales Prices
£59.4K - £158K
▼ -19% underpriced
Monthly Rentals
£252 - £608
Year Built
Dec 2019
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1387
Sales Prices
£41.3K - £103K
▼ -10.5% underpriced
Monthly Rentals
£195 - £424
Year Built
Dec 2011
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
79
Sales Prices
£52.5K - £84.9K
Monthly Rentals
N/A
Year Built
Jan 2007
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
699
Sales Prices
£52.8K - £164K
Monthly Rentals
£252 - £803
Year Built
Mar 2022
Completion Status
Completed
Location
Hua Mak, Suan Luang, Bangkok
Number of units
923
Sales Prices
£45.7K - £68.8K
▼ -23.3% underpriced
Monthly Rentals
£195 - £505
Year Built
Nov 2012
Completion Status
Completed
Location
Hua Mak, Suan Luang, Bangkok
Number of units
570
Sales Prices
£73.2K - £172K
▲ 8% overpriced
Monthly Rentals
£344 - £642
Year Built
Jun 2020
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
676
Sales Prices
£58.5K - £165K
▼ -20.3% underpriced
Monthly Rentals
£287 - £757
Year Built
Dec 2012
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
883
Sales Prices
£59.7K - £156K
▼ -22% underpriced
Monthly Rentals
£252 - £803
Year Built
Apr 2019
Completion Status
Completed
Project Name
Veranda Residence
Location
Bang Kapi, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
£45.9K
Monthly Rentals
£2.75K
Year Built
Jan 2006
Completion Status
Completed
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