Aguston Sukhumvit 22
Phormpong , Bangkok
|Aguston Sukhumvit 22 - Condominium for Sale in Sukhumvit area|
|The luxury exotic spanish contemporary condominium is fully equipped with amenities such as the gardens of the Moody style. Private Bowling Lane And golf practice room Feel like a brand new 6-star Boutique hotel in the heart of Sukhumvit near BTS sky train, convenient for both Sukhumvit and Rama IV.|
|Developer :||Major Development|
|Year completion :||2010|
|Ownership :||Free Hold|
|No. of stories :|
|building A 24-storey|
|building B 35-storey|
|Parking space :||269 Cars|
|No. of units :||269 Units Building A 118 Units Building B 151 Units|
|Shopping mall/supermarket :|
|The Emporium Department Store|
|The Emquatier Department Store|
|New International School Of Thailand (NIST)|
|Bangkok Patana School|
|Australian International School|
|American School of Bangkok (AIS)|
|Prep International School|
|Early Learning (ELC)|
|Sai Namthip School|
|Bangkok University, Kluaynamthai Campus|
|please don’t hesitate to contact us. We, MDC (Major Development Property Consultant), and our professional property agent are ready to help you both for sale and for rent in Bangkok|
|Expense Item||Rate||Responsible by|
|1. Transfer Fee||2 %||Buyer / Seller (1% each)|
|2. Stamp Duty*||0.5 %||Seller (as company)|
|3. Withholding Tax||1 %||Seller (as company)|
|4. Specific Business tax*||3.3 %||Seller (as company)|
1. Transfer Fee
The transfer fee shall be collected at the rate of 2% of the appraised value of property of the Land Department. Whether, the buyer or the seller is paying for this fee, is depending on the Sale and Purchase Agreement. Normally the buyer partly pays for this fee. This fee will be paid to the officer at the land office, upon the day of the transfer of ownership.
2. Stamp Duty
The stamp duty shall be collected at the rate of 0.5% of the actual purchase price of the appraised value of the Land Department, whichever is the higher. The stamp duty shall be imposed unless the special business tax is paid.
3. Withholding Tax
The withholding tax is a tax payable by the seller of the immovable property to Land Department immediately at the occurrence of the purchasing.
Individuals selling their property :
The withholding is determined under to Revenue code of Thailand. The seller shall withhold such tax and pay to the Revenue Department, when he/she earn an income from the sale of immovable property (including condominium unit). Withholding tax rate are calculated based from government assessed price with a deduction of possession year, which are varied depending on the year of your possession (the more years of possession, the more the deduction) and calculate that amount based on the income form the progressive tax rate (range from 0 – 37 percent).
Companies selling their property :
The withholding tax of 1% from appraised value of property or actual selling price, whichever is higher, must be paid by the Seller. However, there are no property taxes as such in Thailand that are exactly equivalent to the property taxes in the West. Commercial properties incur a small tax which is collected infrequent. In term of registering a lease agreement, a registration of a lease for duration of more than 3 year required to pay a registration fee rate of 1% plus a 0.1% rate of stamp duty. Rates are calculated from the total amount of the rental fee or the key money or both.
4. Specific Business Tax
The specific business tax shall only be collected from the sale of immovable property with trade of profit seeking purpose at the rate of 3.3% of the appraised value or the actual purchase price, whichever is the higher. The special business tax shall be imposed if you are selling your property, which you have own less than 5 years or you have registered in house registration less than 1 year. XXXX