Studio Condo for sale at Rhythm Asoke

(1 Review)
Makkasan, Ratchathewi,Bangkok
Unit ID: U156117
4% Rental Yield
Tenant-Occupied until Jun 30, 2025
Studio Bedroom
1 Bathroom
22 SqM Size
18 Floor
Dec 2015 Completed

About This Condo

This property is a 22 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Makkasan, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of £79,700 (£3,620/SqM) and it is also available for long term rentals starting from £296 per month.

Features

BalconyBalcony

Basic Information

Date Listed Oct 21, 2019
Updated 4 months ago
Property Type Condo
Floor 18
Bedroom Studio
Size 22 SqM
Price per SqM £3,620
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%.

N/A
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.
£28/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U156117

Investment Opportunity: Charges & Yield

Sale Price
£79,700
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.
£28/mo
Rent
£296/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.
22
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.
4%

Project Details

Project Name: Rhythm Asoke
Developer: AP (Thailand)
Construction: Completed (Dec 2015)
Floors: 37
Buildings: N/A
Units: 385
Project Area: N/A
Nearest Landmark Phra Ram 9 MRT - 0.4 Km
Location: Makkasan, Bangkok
Rhythm Asoke 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

Available Units at Rhythm Asoke

For Sale 19 For Rent 30
Available Units at Rhythm Asoke
£103,000
£3,310/SqM
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Updated 1 day ago
Available Units at Rhythm Asoke
£130,000
£3,090/SqM
Beds 2 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 30 Floor
Thai Quota Fully Furnished City View
Updated 1 month ago
Available Units at Rhythm Asoke
£105,000
£3,280/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 31 Floor
Foreign Quota Fully Furnished City View
Updated 1 month ago
Available Units at Rhythm Asoke
£79,700
£3,470/SqM
Beds Studio Beds
Baths 1 Baths
Size 23 SqM Size
Floor 30 Floor
Foreign Quota Fully Furnished Skyline View
Updated 1 month ago
Available Units at Rhythm Asoke
£81,800
£3,720/SqM
Beds Studio Beds
Baths 1 Baths
Size 22 SqM Size
Floor 31 Floor
Thai Quota Fully Furnished Skyline View
Available Units at Rhythm Asoke
£77,500
£3,370/SqM
Beds 1 Beds
Baths 1 Baths
Size 23 SqM Size
Floor 33 Floor
Fully Furnished
Updated 1 month ago
Available Units at Rhythm Asoke
£118,000
£3,820/SqM
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 28 Floor
Foreign Quota Fully Furnished City View
Updated 1 month ago
Available Units at Rhythm Asoke
£117,000
£3,670/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 20 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Asoke
£67,000
£2,910/SqM
Beds 1 Beds
Baths 1 Baths
Size 23 SqM Size
Floor 19 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Asoke
£109,000
£3,650/SqM
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 24 Floor
Fully Furnished City View
Available Units at Rhythm Asoke
£70,600
£3,210/SqM
Beds Studio Beds
Baths 1 Baths
Size 22 SqM Size
Floor 32 Floor
Fully Furnished City View
Available Units at Rhythm Asoke
£79,700
£3,470/SqM
Beds Studio Beds
Baths 1 Baths
Size 23 SqM Size
Floor 33 Floor
Fully Furnished City View
Available Units at Rhythm Asoke
£136,000£162,000
£3,290/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 41.50 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Asoke
£153,000
£3,630/SqM
Beds 2 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Asoke
£79,700
£3,620/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 22 SqM Size
Floor 18 Floor
Fully Furnished City View
Available Units at Rhythm Asoke
£88,900
£2,870/SqM
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 30 Floor
Thai Quota Unfurnished City View
Available Units at Rhythm Asoke
£96,100
£3,430/SqM
Beds 1 Beds
Baths 1 Baths
Size 28 SqM Size
Floor 14 Floor
Fully Furnished City View
Available Units at Rhythm Asoke
£137,000
£3,250/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 42 SqM Size
Floor 10 Floor
Unfurnished
Available Units at Rhythm Asoke
£78,600
£3,570/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 22 SqM Size
Floor 19 Floor
Unfurnished
Get notified when new homes are being added to Rhythm Asoke
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Frequently Asked Questions

No pets are allowed at Rhythm Asoke 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 £28 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.
Phra Ram 9 MRT is the nearest MRT Station from Rhythm Asoke 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 Rhythm Asoke 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

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good location condo near Phra Ram 9 MRT
Johny Maughan, United Kingdom, 3 years ago
I've been living here for about 6 months. The condominium project here is a quality project under the Rhythm Brand, emphasizing convenience in the heart of the city, which I discovered. Even on the main road, it is peaceful. Phra Ram 9 MRT and Makkasan ARL stations are both nearby. It is only a 5-minute walk from Central Rama 9. The building is brand new and features a large common area and a luxurious lobby. A swimming pool, sauna, garden, and fitness center are all available. The staff is lovely. The quality of the materials was an issue for me while staying at the condo. The walls are so thin that you can hear people walking and close the door.
Bangkok
Makkasan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Rhythm Asoke

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
Rhythm Asoke 2
Location
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Year Built
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Completion Status
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Project Name
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Number of units
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Sales Prices
£74.9K - £219K
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Monthly Rentals
£295 - £1.09K
Year Built
Jan 2020
Completion Status
Completed
Location
Din Daeng, Ratchathewi, Bangkok
Number of units
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Sales Prices
£95.9K - £269K
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Monthly Rentals
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Year Built
Dec 2019
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
315
Sales Prices
£114K - £182K
▼ -1.2% underpriced
Monthly Rentals
£454 - £795
Year Built
Dec 2016
Completion Status
Completed
Location
Huai Khwang, Ratchathewi, Bangkok
Number of units
433
Sales Prices
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▼ -4.9% underpriced
Monthly Rentals
£318 - £795
Year Built
Dec 2014
Completion Status
Completed
Project Name
Aspire Rama 9
Location
Bang Kapi, Ratchathewi, Bangkok
Number of units
663
Sales Prices
£77.2K - £360K
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Monthly Rentals
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Year Built
Dec 2013
Completion Status
Completed
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Number of units
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Sales Prices
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Monthly Rentals
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Year Built
Mar 2021
Completion Status
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