The Lumpini - Sukhumvit 24 (Listing # PL150054)
The Lumpini 24 is located on Sukhumvit soi 24 in the Phrom Phong neighborhood of central Bangkok. This property is located within walking distance to the Phrom Phong BTS station. The station is about a 12 minute walk from the property which is about 950 meters away from the station. The building amenities include swimming pool, fitness center, sauna, garden, childrens play room and rooftop lounge in addition to full-time on-site security.
Unlike the other areas of mid Sukhumvit, Phrom Phong does not have a main road. There are 3-4 sois which could be considered the main roads in Phrom Phong, those being Sukhumvit 24, 26 which go deep in the soi all the way to Rama IV in the south and soi 39 which runs all the way to Petchaburi Road in the north. .
Phrom Phong is full of high-end luxury residences making it one of the toughest areas to find budget condo or apartments to rent or buy. Phrom Phong is home to a large percentage of Bangkok’s Japanese community and it is common to see signs written in Japanese at various locations in addition the plentiful supply of Japanese restaurants and business which cater to the Japanese residents of Bangkok. Phrom Phong is not only home to Japansese but is also a very popular area for expats from Western countries as well as Thai high society.
- Kiddycare International Kindergarten (Sukhumvit soi 26)
- Anglo Singapore International School (Sukhumvit soi 31)
- IPC Club House (Sukhumvit soi 31)
- IPC International Kindergarten (Sukhumvit soi 31)
- Modern International School (Sukhumvit soi 39)
- Chez Noodles (Sukhumvit soi 39)
- Ladybird International Kindergarten (Sukhumvit soi 39)
- The First Steps International PreSchool (Sukhumvit soi 43)
- Wells International Kindergarten (Sukhumvit soi 47)
- American School of Bangkok (Sukhumvit soi 49)
- City School (Sukhumvit soi 49/4)
- Emporium Shopping Center (Sukhumvit soi 24)
- K Village Open-Air Lifestyle Mall (Sukhumvit soi 26)
- Benjasiri Park (Sukhumvit Rd.)
- Racquet Club (Sukhumvit soi 49/9)
- Rain Hill Boutique Shopping (Sukhumvit soi 47)
- Samitivej Hospital (Sukhumvit soi 49)
- Prommitr Hospital (Sukhumvit soi 39)
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 into an apartment or condo requires a refundable security deposit equal to 2x your agreed monthly rent or in this case ฿110,000 THB (Thailand Baht) in addition to your 1st month’s rent of ฿55,000 which is due on the day you move in. Your total move-in costs for this Bangkok rental property will be ฿165,000. 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.
In order to get your ฿110,000 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.