FOR SALE | STUDIO 29.26sqm | TC-GREEN CONDO RAMA 9

Looking for an entry level of property for your investment? Look no further, T.C. Green is a condominium project, developed by Tiencheng International Property, located at Thanon Rama IX, Huai Khwang, Bangkok 10310. Construction of T.C. Green was completed in 2014. Condominium comprises of 4 buildings, having 32 floors and includes 1900 units.

Often at time when we wanted our hard earned money to work harder for us, if we placed our money into a fixed deposit account with any local banks, we are merely getting good interest rates.

However, when comes to property investment, the initial investment are rather high most of the time, regardless if it is Thailand or more countries. We are glad to bring you a property unit that is ver low entry level in today market pricing.

This unit had been proven since 2014 till date that it has been fetching over six (6) per cent rental yield returns. the capital appreciation had appreciated over twenty (20) percent over the five years period.

Throughout the five (5) years period, the vacant period of the unit is less than five (5) months. It has given excellent cash flow to the investors all these while, with very low maintenance cost to maintain the unit.

DETAILS OF INVESTMENT 

According to the local Thai Law, all buyers needs to hold on the property for at least five (5) years to prevent incurring additional taxes of 3.3 percent.

Base on this case, the following forecast are based on actual numbers from the unit.

SELLING PRICE : 2,500,000 THB

PRICE/SQM: 83,334 THB/SQM

SQM: 30.00

TENURE: FREEHOLD

UNIT TYPE: STUDIO

GROSS RENTAL: 6 percent (based on 12,500THB rent per month)

NETT RENTAL: 5 percent (based on 12,500 THB rent per month, and deduct agent commission and yearly common fees)

UPCOMING DEVELOPMENTS WITHIN THE AREA

There is an upcoming MRT station directly opposite of the project, which is target to complete by the year 2023. Which they are currently over 30 percent completed. You can find the link to track their progress: https://www.mrta-orangelineeast.com/th/home_progress

Approximately 1KM away, there is a new CBD consist over 1,200,000 sqm of land size. MNC like Unilever, DHL, AIA Capital, Thailand Stock Exchange are all located that area. The prices will continue to increased as the developments are completed in 2023.

Contact us today for an non-obligation discussion on your investment.