2 Bedroom Condo for sale at The Rich Rama 9 - Srinakarin

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Suan Luang, Suan Luang,Bangkok
Unit ID: U1620630
6% Rental Yield
2 Bedrooms
1 Bathroom
45 SqM Size
27 Floor
Dec 2021 Completed

About This Condo

This property is a 45 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Dec 2021. You can buy this condo for a base price of £134,000 (£2,990/SqM).

Features

DuplexDuplex BalconyBalcony

Basic Information

Date Listed Jun 20, 2023
Updated 1 year ago
Property Type Condo
Floor 27
Bedrooms 2
Size 45 SqM
Price per SqM £2,990
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, Unblocked Open View
Unit Type N/A
Building The Rich Rama 9-Srinakarin
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.
£52/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1620630

Investment Opportunity: Charges & Yield

Sale Price
£134,000
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.
£52/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 2 bedroom condos at The Rich Rama 9 - Srinakarin, and the current sales price.
6%

Project Details

Developer: Richy Place 2002
Construction: Completed (Dec 2021)
Floors: 32
Buildings: 1
Units: 558
Project Area: 4,201 SqM
Nearest Landmark Hua Mak ARL - 0.3 Km
Location: Suan Luang, Bangkok
The Rich Rama 9 - Srinakarin Project Details

Project Features

On Site Restaurant On Site Restaurant
Jacuzzi Jacuzzi
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Indoor Games Room Indoor Games Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Rich Rama 9 - Srinakarin

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    9th Floor
  • Communal Gym
    9th Floor
  • Indoor Games Room
    9th Floor
  • Communal Garden Area
    30th Floor

Available Units at The Rich Rama 9 - Srinakarin

For Sale 15 For Rent 42
Updated 2 months ago
Available Units at The Rich Rama 9 - Srinakarin
£97,400
£2,070/SqM
Beds 2 Beds
Baths 1 Baths
Size 47 SqM Size
Floor 27 Floor
Foreign Quota Fully Furnished City View
Available Units at The Rich Rama 9 - Srinakarin
£104,000
£3,500/SqM
Beds 1 Beds
Baths 1 Baths
Size 29.66 SqM Size
Floor 12 Floor
Foreign Quota Unfurnished City View
Available Units at The Rich Rama 9 - Srinakarin
£136,000
£3,120/SqM
Beds 2 Beds
Baths 2 Baths
Size 43.50 SqM Size
Floor 27 Floor
Foreign Quota Unfurnished City View
Available Units at The Rich Rama 9 - Srinakarin
£82,800
£3,190/SqM
Beds Studio Beds
Baths 1 Baths
Size 25.92 SqM Size
Floor 12 Floor
Foreign Quota Unfurnished City View
Available Units at The Rich Rama 9 - Srinakarin
£106,000
£3,560/SqM
Beds 1 Beds
Baths 1 Baths
Size 29.66 SqM Size
Floor 12 Floor
Foreign Quota Unfurnished City View
Available Units at The Rich Rama 9 - Srinakarin
£153,000
£3,530/SqM
Beds 2 Beds
Baths 2 Baths
Size 43.35 SqM Size
Floor 18 Floor
Foreign Quota Unfurnished City View
Available Units at The Rich Rama 9 - Srinakarin
£82,800
£3,190/SqM
Beds Studio Beds
Baths 1 Baths
Size 25.92 SqM Size
Floor 12 Floor
Foreign Quota Unfurnished City View
Available Units at The Rich Rama 9 - Srinakarin
£114,000
£3,230/SqM
Beds 1 Beds
Baths 1 Baths
Size 35.34 SqM Size
Floor 15 Floor
Foreign Quota Unfurnished City View
Available Units at The Rich Rama 9 - Srinakarin
£83,100
£3,200/SqM
Beds Studio Beds
Baths 1 Baths
Size 25.94 SqM Size
Floor 14 Floor
Foreign Quota Unfurnished City View
Available Units at The Rich Rama 9 - Srinakarin
£134,000
£2,990/SqM
Beds 2 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 27 Floor
Foreign Quota Fully Furnished City View
Available Units at The Rich Rama 9 - Srinakarin
£115,000
£3,130/SqM
Beds 1 Beds
Baths 1 Baths
Size 36.89 SqM Size
Floor 17 Floor
Foreign Quota Unfurnished City View
Available Units at The Rich Rama 9 - Srinakarin
£83,200
£3,210/SqM
Beds Studio Beds
Baths 1 Baths
Size 25.92 SqM Size
Floor 15 Floor
Foreign Quota Unfurnished City View
Available Units at The Rich Rama 9 - Srinakarin
£121,000
£3,270/SqM
Beds 1 Beds
Baths 1 Baths
Size 36.96 SqM Size
Floor 27 Floor
Foreign Quota Unfurnished City View
Available Units at The Rich Rama 9 - Srinakarin
£128,000
£3,570/SqM
Beds 1 Beds
Baths 1 Baths
Size 35.75 SqM Size
Floor 15 Floor
Foreign Quota Unfurnished City View
Available Units at The Rich Rama 9 - Srinakarin
£130,000
£3,570/SqM
Beds 1 Beds
Baths 1 Baths
Size 36.34 SqM Size
Floor 15 Floor
Foreign Quota Unfurnished City View
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Frequently Asked Questions

No pets are allowed at The Rich Rama 9 - Srinakarin 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 £52 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 Rich Rama 9 - Srinakarin the required payment for the sinking fund is £14 per square meter based on the size of the indoor area of the property.
Hua Mak ARL is the nearest Airport Rail Link Station from The Rich Rama 9 - Srinakarin and it is 0.3 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 Rich Rama 9 - Srinakarin 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

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Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

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Year Built
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Project Name
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Number of units
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Number of units
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Sales Prices
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▲ 31% overpriced
Monthly Rentals
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Suan Luang, Suan Luang, Bangkok
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Suan Luang, Suan Luang, Bangkok
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Sales Prices
£81.6K - £291K
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Monthly Rentals
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Year Built
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Completion Status
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Location
Suan Luang, Suan Luang, Bangkok
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Sales Prices
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Monthly Rentals
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Suan Luang, Suan Luang, Bangkok
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