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Sold
1-bed at Circle Condominium฿435K below market5.1% net yield
47.59 sqm
1 bed
1 bath
Floor 17
Sold
LIV 001฿3,900,000
฿81,950/sqm
฿3,900,000
฿81,950/sqm · 47.59 sq.m. · 1 bed
Net yield
5.1%
Expected rent
฿23,000/mo
Next cheapest vacant
฿4.10M
No longer available
Sold in 8 days
Investment Highlights
~5.1% net yield at median asking rent
Lowest-priced vacant 1-bed, 4.9% below next cheapest, near 2010 price level
Top-ranked ~7.1% gross yield versus nearby CBD options
Why This Is a Strong Entry Price
At ฿3.90M, this is currently the lowest-priced vacant 1-bedroom unit in the building.
NEXT CHEAPEST UNIT
฿4.10M
฿200K above this unit
TREASURY VALUATION
฿4.34M
฿435K above this unit
MEDIAN ASKING PRICE
฿4.80M
฿900K above this unit
Current asking prices for comparable units
Each bar on this chart represents one active vacant 1-bedroom listing in Circle Condominium (~48 sq.m.), ordered from lowest to highest asking price. The green bar is this unit. Based on listings across major property websites, excluding duplicate, inactive, and tenant-occupied units.
Cheapest50 listingsMost expensive
What Return This Unit Can Generate
At ฿23,000/month (median asking rent), this unit is expected to generate 7.1% gross yield and 5.1% net yield after costs.
This model uses the current median asking rent for comparable 1-bedroom listings in the building, not a top-of-market rent assumption.
EXPECTED RENT
฿23,000/mo
Underwriting assumption
NET INCOME
฿198,700/yr
After vacancy & costs
NET YIELD
5.1%
Net of all costs
How this return is calculated
Acquisition basis
฿3,900,000 + ฿217 buyer transfer fee
฿3,900,217
RENTAL INCOME
Annualized
Gross Rental Income (฿23,000 x 12)
฿276,000
Adjusted Occupancy (95%)
-฿13,800
Effective annual rent
฿262,200
Annual operating expenses
Annual run-rate
Common Fee (฿2,522/month x 12)
-฿30,264
Agent Commission (1mo rent, 2yr turnover)
-฿11,500
Maintenance, Tax & Miscellaneous
-฿21,700
Total annual costs
฿63,464
Net operating income
฿198,736
Net yield
5.1%
Comparable rental listings behind the expected rent
These are recent comparable 1-bed rental listings in Circle Condominium (~48 sq.m.), ranked from lowest to highest asking rent. The expected rent used for this deal is ฿23,500/month.
← midpoint →
How This Unit Compares with Nearby Buildings on Yield
To compare nearby alternatives on a like-for-like basis, we estimate gross 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
฿780,217
Monthly Payment
฿13,154
Your Return
Annual Cash Flow
฿40,887
Cash-on-Cash Yield
5.24%
Location and Tenant Demand Drivers
Circle Condominium
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Project Facts
- Year built
- 2011
- Units
- 917
- Tower I
- 30 floors
- Tower II
- 43 floors
- Land area
- 5-0-3 Rai
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Building Amenities
- 7-Eleven on the ground floor
- Free shuttle to BTS/MRT
- Laundry room
- Parking
- Gym
- Pool
- Garden
- Running track
- Sauna
- Jacuzzi
- Library
- Mini theatre
- Playground
- Cigar lounge
- 24/7 security
- CCTV
Acquire This Unit
- Size
- 47.59 sqm
- Bedrooms
- 1 bed
- Bathrooms
- 1 bath
- Floor
- 17
East-facing canal view
Shielded from direct afternoon sun
- Total price
- ฿3,900,000
- Price / sqm
- ฿81,950/sqm
- Net yield
- 5.1%
- Expected rent
- ฿23,000/mo
- Next cheapest vacant
- ฿4.10M
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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