Pets are not allowed in The Residences at Sindhorn Kempinski Bangkok

No, foreigners cannot buy a condo at The Residences at Sindhorn Kempinski Bangkok, as it is a leasehold property. However, foreigners can lease a condo there on a 30-year leasehold basis. This arrangement allows foreign buyers to occupy and use the property for the duration of the lease, but they do not own the property outright.

The Residences at Sindhorn Kempinski Bangkok is located near Chitlom BTS Station and Lumphini MRT Station

Chitlom BTS Station: About 800 Meters away or approximately a 11-minute walk.
Ratchadamri BTS Station: About 1.4 KM away or approximately a 19-minute walk
Lumphini MRT Station: About 1.7 KM away or approximately a 23-minute walk

No, The Residences at Sindhorn Kempinski Bangkok is a leasehold condominium. Units are offered with an initial lease term of 30 years, with the option to renew for an additional 30 years.

A condo, which is short for condominium, refers to an independently owned residential unit that is situated in a building or complex with other residential units.

The owners of these condos usually share common spaces and are required to pay association fees to ensure the upkeep of the shared resources, amenities, and common spaces (CAM Fees)

The leasehold process for leasing a condo in The Residences at Sindhorn Kempinski Bangkok, generally involves the following steps:

1. Property Search and Selection

2. Lease Agreement Negotiation

Leasehold specifics: Since the property is on a leasehold basis, the agreement will specify the duration of the lease, typically 30 years for long-term leases. The lease may have options for renewal or extensions but must be agreed upon in advance.

3. Reservation and Payment

Reservation fee, Deposit and rent: A deposit is usually required, which is often equal to 2 months’ rent, plus the first month’s rent. The deposit will be refunded at the end of the lease, assuming there are no damages or outstanding fees.

Additional payments: Be prepared for any additional payments such as maintenance fees, utility deposits, or other administration fees.

4. Signing the Lease Agreement

Review terms: Carefully review the lease agreement, which will outline all terms, including the rental price, deposit, payment schedule, and responsibilities of both the lessee and the lessor.

Legal requirements: Both parties will sign the lease agreement, and in many cases, the lease will be registered with the Thai government to ensure legal protection.

5. Move-In

Inspection: Before moving in, it is advisable to conduct a thorough inspection of the property and document any existing damages to avoid disputes when moving out.

Move-in: Once the lease is signed, the first month's rent is paid, and all deposits are confirmed, you can move into the condo.

6. During the Lease Term

Payment schedule: You will need to make monthly rent payments as per the terms of the lease agreement. Be sure to keep a record of all payments.

Maintenance: The lease may specify who is responsible for maintenance and repairs. Common areas (such as the pool or gym) are typically maintained by the building's management, while you may be responsible for maintaining the interior of your unit.

7. Lease Expiry and Renewal

Lease termination: At the end of the lease, you will either need to vacate the property or negotiate an extension or renewal with the landlord.

Deposit return: If you leave the property in good condition, your security deposit will be refunded, minus any costs for repairs or outstanding utility bills.