Unit ID: U1418158
4% Rental Yield
Khlong Toei Nuea, Watthana,Bangkok
$342,000
1 Bedroom
1
Bathroom
463 Sqft
Size
17
Floor
Dec 2019
Completed

About This Condo

This property is a 463 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Khlong Toei Nuea, Bangkok and was completed in Dec 2019. You can buy this condo for a base price of $342,000 ($739/Sqft).

Features

BalconyBalcony MicrowaveMicrowave

Basic Information

Date Listed Jun 1, 2023
Updated 1 year ago
Property Type Condo
Floor 17
Bedroom 1
Size 463 Sqft
Price per Sqft $739
Pets Cats and Dogs (small only)
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
Unfurnished
View(s) City View
Unit Type N/A
Building Muniq Sukhumvit 23
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.
$121/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1418158

Investment Opportunity: Charges & Yield

Sale Price
$342,000
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.
$121/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.
26
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 Muniq Sukhumvit 23, and the current sales price.
4%

Project Details

Project Name: Muniq Sukhumvit 23
Developer: Major Development
Construction: Completed (Dec 2019)
Floors: 36
Buildings: 1
Units: 201
Project Area: 23,035 Sqft
Nearest Landmark Sukhumvit MRT - 0.2 Km
Location: Khlong Toei Nuea, Bangkok
Muniq Sukhumvit 23 Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
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
Mini Theater Mini Theater
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Muniq Sukhumvit 23

  • Communal Pool
    35th Floor
  • Communal Gym
    35th Floor
  • Reception / Lobby Area
    1st Floor
  • Communal Garden Area
    35th Floor
  • Mini Theater
    Rooftop

Available Units at Muniq Sukhumvit 23

For Sale 18 For Rent 23
Available Units at Muniq Sukhumvit 23
$684,000
$730/Sqft
Beds 2 Beds
Baths 3 Baths
Size 936 Sqft Size
Floor 19 Floor
Updated 1 month ago
Available Units at Muniq Sukhumvit 23
$562,000
$797/Sqft
Great Price
Beds 2 Beds
Baths 2 Baths
Size 705 Sqft Size
Floor 19 Floor
Thai Quota City View
Available Units at Muniq Sukhumvit 23
$565,000
$750/Sqft
Beds 2 Beds
Baths 2 Baths
Size 753 Sqft Size
Floor 8 Floor
Fully Furnished City View
Available Units at Muniq Sukhumvit 23
$416,000
$910/Sqft
Beds 1 Beds
Baths 1 Baths
Size 457 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished City View
Available Units at Muniq Sukhumvit 23
$416,000
$899/Sqft
Beds 1 Beds
Baths 1 Baths
Size 463 Sqft Size
Floor 18 Floor
Thai Quota Fully Furnished City View
Updated 1 month ago
Available Units at Muniq Sukhumvit 23
$654,000
$706/Sqft
Beds 2 Beds
Baths 2 Baths
Size 926 Sqft Size
Floor 12 Floor
Fully Furnished
Available Units at Muniq Sukhumvit 23
$591,000
$788/Sqft
Beds 2 Beds
Baths 2 Baths
Size 750 Sqft Size
Floor 23 Floor
Foreign Quota Unfurnished City View
Available Units at Muniq Sukhumvit 23
$205,000$247,000
$548/Sqft
Beds 1 Beds
Baths 1 Baths
Size 374 Sqft Size
Foreign Quota Fully Furnished City View
Available Units at Muniq Sukhumvit 23
$516,000
$755/Sqft
Beds 2 Beds
Baths 2 Baths
Size 683 Sqft Size
Foreign Quota Fully Furnished City View
Available Units at Muniq Sukhumvit 23
$654,000
$690/Sqft
Beds 2 Beds
Baths 2 Baths
Size 947 Sqft Size
Floor 19 Floor
City View
Available Units at Muniq Sukhumvit 23
$342,000
$739/Sqft
Beds 1 Beds
Baths 1 Baths
Size 463 Sqft Size
Floor 17 Floor
Thai Quota Unfurnished City View
Available Units at Muniq Sukhumvit 23
$342,000
$739/Sqft
Beds 1 Beds
Baths 2 Baths
Size 463 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished City View
Available Units at Muniq Sukhumvit 23
$1,080,000
$1,210/Sqft
Beds 3 Beds
Baths 3 Baths
Size 896 Sqft Size
Foreign Quota Fully Furnished City View
Available Units at Muniq Sukhumvit 23
$654,000
$690/Sqft
Beds 2 Beds
Baths 2 Baths
Size 947 Sqft Size
Floor 23 Floor
Thai Quota Fully Furnished City View
Available Units at Muniq Sukhumvit 23
$476,000
$1,020/Sqft
Beds 1 Beds
Baths 1 Baths
Size 468 Sqft Size
Foreign Quota Fully Furnished City View
Available Units at Muniq Sukhumvit 23
$921,000$1,680,000
$918/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,004 Sqft Size
Foreign Quota Fully Furnished City View
Available Units at Muniq Sukhumvit 23
$2,390,000
$1,160/Sqft
Beds 3 Beds
Baths 3 Baths
Size 2,057 Sqft Size
Foreign Quota Fully Furnished City View
Updated 3 weeks ago
Available Units at Muniq Sukhumvit 23
$238,000
$514/Sqft
Beds 1 Beds
Baths 1 Baths
Size 463 Sqft Size
Floor 9 Floor
Thai Quota City View
Get notified when new homes are being added to Muniq Sukhumvit 23
View All (18)

Loan Calculator

Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Muniq Sukhumvit 23.
The common area maintenance fee is $3 per square meter based on the size of indoor area of the property and is $121 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 Muniq Sukhumvit 23 the required payment for the sinking fund is $27 per square meter based on the size of the indoor area of the property.
Sukhumvit MRT is the nearest MRT Station from Muniq Sukhumvit 23 and it is 0.2 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 Muniq Sukhumvit 23 you have to follow these steps:

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

 


Untitle
Installment Milestone Payment
Reservation Deposit
Immediately
$1,490
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%
Untitle
Installment Milestone Payment
Reservation Deposit
Immediately
$2,970
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%
Untitle
Installment Milestone Payment
Reservation Deposit
Immediately
$5,940
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

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
Worth for investment in a prime location of Bangkok
Daniel Wong, Singapore, 4 years ago
From the investor's view, I think Muniq 23 is an interesting condominium in the Asoke area, a CBD area of Bangkok. You can say the location is just premium. The highlight of this project is its architecture, both exterior and interior. From the outside, you will see the building designed in different tiers from the well-known designer. I think the concept is to respond to the lifestyles of urban people nowadays. The condo is stunning and modern, plus, the common areas look so inviting with large greenery space, a pool with a sky view, and a gym. More than that, there is a private theater for the residents to spend time together. The condo's rooftop has a panorama lounge where the residents can enjoy the endless view and the bar. The room I went for inspection was 69 sq.m. It was decorated luxuriously with the warm-tone color. In the bedroom, there is a floor-to-ceiling window at the corner so you can enjoy the view from your bed and get natural light. The kitchen is decorated with marble, so it looks so clean and elegant. The location is convenient for private and public vehicles. You can easily access BTS and MRT. The neighborhood is also wealthy for living with facilities such as restaurants, offices, the Interchange 21 building, and shopping malls like Terminal 21. After visiting the project, I can say that it's worth investing, although it's a bit pricey. It will give you a good return in the future.
Bangkok
Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Muniq Sukhumvit 23

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 Phrom Phong
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
126
Sales Prices
$891.73K - $1.17M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
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Project Name
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Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
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▼ -16% underpriced
Monthly Rentals
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Project Name
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Location
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Completion Status
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Project Name
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Location
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Monthly Rentals
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Year Built
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Project Name
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Location
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$170.91K - $505.31K
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
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Number of units
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
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Monthly Rentals
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Year Built
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Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
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Sales Prices
$148.62K - $1.31M
▼ -36.5% underpriced
Monthly Rentals
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Year Built
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Completion Status
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Project Name
Walden Asoke
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
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Sales Prices
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▼ -13.3% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
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Number of units
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Sales Prices
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▼ -15.7% underpriced
Monthly Rentals
$535 - $1.49K
Year Built
Dec 2014
Completion Status
Completed
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