Thailand PLS Real Estate

This 2+1 bedroom, 3 bathroom Asoke condo has 128 square meters of living space is rented out fully furnished. The unit has a nice view and gets great natural lighting. This property is situated in the ultra modern luxury condominium Millennium Residence. Millennium Residence is a 4-tower complex topping out at 53 floors and has 604 units in all.

Millennium Residence is located on or near Sukhumvit 20 Road in the Asoke neighborhood of central Bangkok. This Bangkok property is conveniently situated near the Asok BTS station. You can walk to the skytrain station in about 9 minutes as it’s only 800 meters away from the Bangkok Condo. The building amenities include swimming pool, fitness center, sauna, garden, childrens playground, mini-mart, squash in addition to full-time on-site security.

Asoke is a large residential area and perhaps the most popular residential area in all of Bangkok for expats. The real estate which people commonly refer to as Asoke includes parts of lower Sukhumvit and the beginning of mid Sukhumvit. Asok Road which is the name of Sukhumvit soi 21 splits lower and mid Sukhumvit. Some refer to parts of sois 17-19 as well as sois 12-14 on the south side of Sukhumvit Road to be Asoke because the sois are most convenient to the Asok BTS.

It is the Asok BTS skytrain station, linking with the Sukhumvit MRT subway station at the heart of Asoke which makes it probably the most convenient area to get around the whole of Bangkok. The metro station is key as Asok is infamous for its traffic jams so driving to areas such as Ratchada/Ladprao to the north or Sathorn to the southwest could take you hours during rush hour when the skytrain or MRT would take around 10-20 minutes. .

More than any other central Bangkok community, each and every soi in Asoke tends to have its own distinct characteristics. There are leafy, peaceful sois, quiet sois, residential soi, sois with many restaurants, and of course Sukhumvit soi 16 and Asoke Road (Sukhumvit soi 21) which are lined with many high rise office buildings.

• NIST New International School of Thailand (Sukhumvit soi 15)
• Wattana Wittaya Acadamy (Sukhumvit soi 19)
• Sinakharinwirot University, Prasanmit Campus (Sukhumvit soi 23)
• Sai Namthip School (Sukhumvit soi 20)
• Aksara International School (Sukhumvit soi 20)
• Sainampeung Schoolÿ(Sukhumvit soi 22)

• Terminal 21 Shopping Center (Sukhumvit soi 21)
• Queen Sirikit National Convention Center (Ratchadaphisek Rd.)
• Robinson Department Store (Sukhumvit soi 19)
• Tops Market (Sukhumvit soi 19)
• Aspire Club & CrossFit Bangkok (Sukhumvit Rd.)
• Benjakitti Park (Ratchadaphisek Rd.)
• Rutnin Eye Hospital (Sukhumvit soi 21)

Finding a Condo in Bangkok

Most foreigners use property agents when renting a condo in Bangkok. Using a real estate agency is of no cost to you and you can use the agent’s expertise in Bangkok real estate to find a perfect place and location. It is usually good to begin looking for a place a month before you intend to move in. This gives you plenty of time to see properties and allows you the chance to pay a booking fee (10-25% of the rental) if you see something you like. The booking fee will hold the condo/apartment until your move-in date and go towards your deposit and first month’s rent.

Moving in

Moving into an apartment or condo requires a refundable security deposit equal to 2x your agreed monthly rent or in this case ฿150,000 THB (Thailand Baht) in addition to your 1st month’s rent of ฿75,000 which is due on the day you move in. Your total move-in costs for this Bangkok rental property will be ฿225,000. Your real estate agent will help you negotiate anything from rental price, included utilities, lease terms, special requirements etc. with the landlord and prepare your lease agreement which are usually in Thai and English languages.

Living Expenses & Paying Rent

Unless you are staying in a serviced residence, you will be responsible for paying your monthly utilities which will will always include electricity and water. Most Bangkok renters also have internet and cable television. For most condominiums will have to setup the services under your name and pay directly to the service providers. In the case of apartments, you will likely have to make payment to the building which may have a set fee for water. Your real estate agent can help you set up your utilities. You can pay all utility bills at the cashier of any convenient store in Bangkok. Rent payment is usually made via cash deposit or bank transfer directly into the landlord’s account.

Moving Out

In order to get your ฿150,000 security deposit back you must not break any terms of your signed lease agreement. This includes giving the proper move-out notice if applicable, moving out of the property by the correct date and returning the property as you rented it, with no damage to the condo itself as well as the furniture (if rented fully furnished). If you break any terms of your lease the landlord will not refund your security deposit.. If you rented a condo you will likely get your security deposit back in cash from the landlord during the week you move out. However most apartment buildings will take at least 30 days to refund your security deposit via corporate check.