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Sold

Cheapest 1-bed at Chewathai Pinklao18% below official appraisal8.0% rental yield

29.31 sqm

1 bed

1 bath

Floor 6

Sold

฿2,250,000

฿76,766/sqm

Rental yield

8.0%

Median asking rent

฿15,000/mo

Next cheapest

฿2.29M

No longer available
Sold in 14 days

Investment Highlights

8.00% rental yield at median asking rent

Lowest price per sqm in the building

฿485K below Treasury valuation

Why This Is a Strong Entry Price

At ฿2.25M, this is currently the lowest-priced 1-bedroom unit in the building.

NEXT CHEAPEST UNIT

฿2.29M

฿40K above this unit

TREASURY VALUATION

฿2.73M

฿485K above this unit

MEDIAN ASKING PRICE

฿2.75M

฿498K above this unit

Current asking prices for comparable units

Each bar on this chart represents one active comparable 1-bedroom listing in Chewathai Pinklao (~29 sq.m.), ordered from lowest to highest asking price. The green bar is this unit. Based on listings across major property websites excluding duplicates.

Cheapest14 listingsMost expensive

What Return This Unit Can Generate

At ฿15,000/month (median asking rent), this unit is expected to generate 7.9% rental yield and 6.4% net yield after costs.

This model uses the current median asking rent for comparable 1-bed listings in the building, not a top-of-market rent assumption.

EXPECTED RENT

฿15,000/mo

Expected rent

NET INCOME

฿145,400/yr

After vacancy & costs

NET YIELD

6.4%

Net of all costs

How this return is calculated

Acquisition basis

฿2,250,000 + ฿27,346 buyer transfer fee

฿2,277,346

RENTAL INCOME

Annualized

Gross Rental Income (฿15,000 x 12)

฿180,000

Adjusted Occupancy (95%)

-฿9,000

Effective annual rent

฿171,000

Annual operating expenses

Annual run-rate

Common Fee (฿1,319/month x 12)

-฿15,827

Agent Commission (1mo rent, 2yr turnover)

-฿7,500

Maintenance, Tax & Miscellaneous

-฿2,250

Total annual costs

฿25,577

Net operating income

฿145,423

Net yield

6.4%

Comparable rental listings behind the expected rent

These are recent comparable 1-bed rental listings in Chewathai Pinklao (~29 sq.m.), ranked from lowest to highest asking rent. The expected rent used for this deal is ฿15,000/month.

midpoint

How This Unit Compares with Nearby Buildings on Yield

To compare nearby alternatives on a like-for-like basis, we estimate rental yield using the best currently available asking price in each project and the median asking rent for similar units in that project.

Buying with a Mortgage?

This shows your net return after all expenses. It starts with the net rental income above, then subtracts mortgage payments to show what you keep after financing.

Loan Terms

80%
3%

Cash Needed & Payments

Cash Needed

฿477,346

Monthly Payment

฿7,589

Your Return

Annual Cash Flow

฿54,356

Cash-on-Cash Yield

11.39%

Location and Tenant Demand Drivers

Chewathai Pinklao

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Project Facts

Year built
2022
Units
588
Floors
13 floors
Land area
4-0-75 Rai
1 / 3

Building Amenities

  • Lobby
  • Swimming pool
  • Fitness center
  • Sauna
  • Steam room
  • Co-working space
  • Kids room
  • Mini theatre
  • Mail room
  • Waiting area
  • Home automation system
  • EV charger
  • Garden

Acquire This Unit

Size
29.31 sqm
Bedrooms
1 bed
Bathrooms
1 bath
Floor
6
Separate kitchen
North-facing neighborhood view
Total price
฿2,250,000
Price / sqm
฿76,766/sqm
Rental yield
8.0%
Median asking rent
฿15,000/mo
Next cheapest
฿2.29M

Still evaluating this deal?

If you want more details or have a specific question, just let us know. We're happy to help.

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