The Prime Suites

Sukhumvit , Bangkok

2
Bedroom
1
Bathroom
BTS Asoke , MRT Sukhumvit
ID : C1303180012
Usable Area : 73.00 sq.m.
Type : Condominium
Price : 7,300,000 Baht
Description
Amenties
Location
The Prime Suites - Condominium for Sale in Sukhumvit area
  
Developer : The Prime Suites 
  
Year completion : 1995
  
Ownership :Free Hold
  
No. of stories :8 storey 
  
No. of units :92 Units
  
Parking space :N/A
  
Nearby amenities
  
Shopping mall/supermarket :
  
 Terminal 21
 Singha Complex
 Emquatier
 Emporium 
 Emsphere
 Central Embassy
 Central Chidlom
 Central Wold
 Siam paragon
 Siam Square 
 Siam Discovery
 Gaysorn Plaza
 Amarin Plaza
  
Hospital : 
 Bumrungrad Hospital
 Samitivej Hospital
 Camillian Hospital
 Sukhumvit Hospital
 Bangkok hospital
 Rama 9 Hospital
  
Park :  
 Benjakiti Park
 Benjasiri Park
  
School/University : 
 Srinakharinwirot University
 Wattana College
 NIST International School
 MR. Prasarnmit
 RC International School
 Siri Suksa English Language School
 Saint Dominic's School
 Preparatory School
 Mater Dei College
  
Please don’t hesitate to contact us. We, MDC (Major Development Property Consultant), and our professional property agent are ready to help you.  for sale, for rent in Bangkok
Outdoor swimming pool with pool sun lounge
Gym
Sauna room
CCTV
24 hours security
Garden
MORTGAGE CALCULATOR
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RELATED TAX
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)
*If you pay Stamp Duty, you shall not pay Specific Business Tax and vice versa.

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

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Update November 19, 2019