Cheap Condo Near Park – 1 Bedroom – Low Floor

‎฿4,500,000 - transfer fee 50-50%

Description

Cheap condo for sale near the park – 1 bedroom – low floor – Monterey Place

A cheap condo for sale near the park is available now for sale.

  • the condo is currently rented – until June 2021
  • the apartment features a bigger size and a very attractive price for a 1-bedroom condo in Asoke near MRT Queen Sirikit.
  • 1-bedroom
  • 1-bathroom
  • area: 56.35 sqm
  • balcony in living room
  • low-mid floor: 8 – 15
  • facing direction: South-West
  • fully furnished
  • open and fully equipped kitchen
  • full set of electrical appliances: flat TV, refrigerator, washing machine, microwave
  • foreign freehold ownership quota is available

Monterey Place condominium near MRT Queen Sirikit

Monterey Place condominium was completed in 1995. Condominium comprises of a single building, having 196 units on 25 floors.

Developer: Capital G Development.

This project is located near MRT Queen Sirikit station. Most apartments feature a nice park view. Tenants of this apartment are mostly Thais and Western tenants, that prefer a quieter location in Bangkok’s central business district. Several new developments near Monterey Place indicate the growing potential of the place. People living in Monterey place mostly work in nearby office buildings in Asoke and Sukhumvit area.

Facilities at Monterey Place condominium

Facilities of Monterey Place condominium include:

  • lobby
  • elevator
  • parking
  • 24-hours security and 24/7 security guards and reception desk
  • key card with access to specific floor
  • CCTV
  • swimming pool
  • gym room
  • garden
  • playground/kids’ area
  • sauna
  • parking

Location of this cheap condo for sale near the park

Monterey Place Condominium -map - REMAX CondoDee
Monterey Place Condominium -map – REMAX CondoDee

This Asoke apartment building is conveniently located at Sukhumvit 16 road.

Well-Know International Schools & University around this cheap condo for sale near the park

Shopping and lifestyle destinations nearby Monterey Place condominium

International Hospitals around this Asoke condominium

Restaurants and entertainment spots around this cheap condo for sale near the park


Bangkok condominiums between Sukhumvit 16 and Sukhumvit 30 (even sois) by RE/MAX  CondoDee

Project Name Year of Built # Units Floors Median Listing Price Median Listing Price/sqm Median Listing Rental price ROI
rental yield
Aguston Sukhumvit 22 2010 269 24 ฿13,035,156 ฿156,037 ฿50,712 4.67%
Baan Siri 24 2007 185 34 ฿15,632,223 ฿174,727 ฿54,962 4.22%
Belgravia Residences 2008 48 7 ฿53,384,161 ฿179,659 ฿168,911 3.80%
Bright Sukhumvit 24 2011 292 36 ฿20,104,802 ฿203,861 ฿65,996 3.94%
CitiSmart Sukhumvit 18 2005 192 21 ฿13,347,947 ฿148,499 ฿45,702 4.11%
City Lakes Tower Sukhumvit 16 1992 54 28 ฿33,204,304 ฿104,076 ฿80,000 2.89%
Condo One X Sukhumvit 26 2009 329 28 ฿6,708,218 ฿127,456 ฿25,240 4.52%
Condolette Dwell Sukhumvit 26 2014 224 8 ฿5,688,974 ฿153,378 ฿22,735 4.80%
Domus Condominium 2006 108 12 ฿35,409,685 ฿209,805 ฿143,038 4.85%
Fairview Tower 1993 54 25 ฿23,111,428 ฿87,401 ฿65,219 3.39%
Grand Ville House 1 1982 72 13 ฿21,364,222 ฿116,808 ฿64,209 3.61%
Ideal 24 2008 34 41 ฿61,578,802 ฿188,175 ฿193,940 3.78%
Kraam Sukhumvit 26 2019 128 29 ฿26,233,214 ฿299,632 ฿95,935 4.39%
Lake Avenue Sukhumvit 16 1985 160 26 ฿10,224,637 ฿109,929 ฿46,987 5.51%
Le Raffine Sukhumvit 24 2005 54 30 ฿68,533,764 ฿169,508 ฿133,112 2.33%
Mahogany Tower 1994 58 36 ฿36,433,333 ฿100,000 ฿82,778 2.73%
Millennium Residence 2010 604 51 ฿24,349,118 ฿179,349 ฿80,498 3.97%
Monterey Place 1995 196 25 ฿5,968,516 ฿81,328 ฿24,871 5.00%
Noble Refine 2012 243 25 ฿8,848,580 ฿205,737 ฿41,431 5.62%
Park 24 2018 873 51 ฿10,600,025 ฿231,208 ฿37,487 4.24%
Pearl Residences Sukhumvit 24 2012 78 8 ฿20,062,222 ฿186,047 ฿56,331 3.37%
Premier Condominium 1981 80 12 ฿14,797,422 ฿76,003 ฿56,163 4.55%
President Park Sukhumvit 24 1996 228 11 ฿17,201,146 ฿76,025 ฿67,030 4.68%
Regent on the Park 1 1992 81 34 ฿18,404,085 ฿90,037 ฿59,705 3.89%
Serene Place Sukhumvit 24 2006 78 8 ฿12,080,442 ฿126,743 ฿46,227 4.59%
Siamese Exclusive Queens 2019 332 33 ฿13,484,069 ฿213,826 ฿42,229 3.76%
Siri Residence 2007 185 32 ฿20,755,089 ฿208,991 ฿55,841 3.23%
The Address Sukhumvit 28 2011 246 31 ฿13,568,113 ฿226,159 ฿50,836 4.50%
The Crest Sukhumvit 24 2013 82 8 ฿8,173,311 ฿188,300 ฿36,531 5.36%
The Emporio Place 2010 361 42 ฿17,134,324 ฿182,274 ฿62,221 4.36%
The Lakes Condominium 2004 165 36 ฿43,776,038 ฿191,720 ฿89,984 2.47%
The Lumpini 24 2013 400 46 ฿11,449,590 ฿229,808 ฿45,283 4.75%
The Nest Sukhumvit 22 2018 316 8 ฿4,285,193 ฿145,018 ฿19,378 5.43%
The Prime Suites Sukhumvit 18 1995 92 8 ฿6,537,078 ฿84,056 ฿21,754 3.99%
The Seed Musee 2009 136 8 ฿5,931,822 ฿132,649 ฿24,617 4.98%
Trapezo Sukhumvit 16 2014 70 7 ฿5,884,687 ฿138,810 ฿25,555 5.21%
Voque Sukhumvit 16 2011 140 8 ฿5,505,360 ฿110,809 ฿28,689 6.25%
Waterford Diamond Tower 1998 498 46 ฿7,990,283 ฿95,459 ฿34,662 5.21%
Wilshire 2006 78 22 ฿22,879,131 ฿115,457 ฿80,434 4.22%
Windsor Tower 1996 50 32 ฿38,310,000 ฿95,727 ฿68,192 2.14%
Average (all projects by REMAX CondoDee) 2007.0 157.5 26.0 ฿10,676,411 ฿159,351 ฿37,146 4.18%
# projects by REMAX CondoDee 222 Total # apartments 59,681
Total # floors 5,823 Median age (years) 13.0

Market analysis

The average sale price in this condominium near Queen Sirikit Center is 35-40% below the current average sale price in the district and 20-25 below the average price in Bangkok.

Rental prices at Monterey Place Condominium are 30-35% below average in the district and 45-50% below average in Bangkok.

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