Cobe Ratchada - Rama 9 by SC Asset

By SC Asset Corporation — 27 Storeys — 1,612 Residences

Location

Ratchada – Rama 9, Bangkok

Size

25–55 sqm

Ownership

Foreign Freehold

Storeys

Units

1,612

BTS Access

MRT Phetchaburi (600m)

About This Development

COBE Ratchada-Rama 9 | The First Co-Being Community

COBE Ratchada-Rama 9 is a completed 27-storey, 1,612-unit development by SC Asset set on a 12-rai site adjacent to Thiam Ruam Mit Road, introducing SC Asset's "Co-Being Community" concept built around a central community hub. MRT Phetchaburi is approximately 600 metres away.

Project Highlights

Retail on the Doorstep: The Street Ratchada, The One Ratchada, Esplanade Ratchada and Central Rama 9 are all within the immediate surrounding area.
Wide Unit Range: Studios (23–28 sqm) up to 3-bedroom layouts (106 sqm), fully furnished, across 1,612 units in total.
Community-First Design: Built around SC Asset's Co-Being concept, prioritising shared community space across the 12-rai site.
Institutional Access: Close to MRT Cultural Center with easy reach to office buildings, international schools and private hospitals.

Available Units

Price (Starting From)	Price / sqm	Enquire
฿3,380,000 Starting from	—	Enquire
฿4,970,000 Starting from	—	Enquire
฿5,480,000 Starting from	—	Enquire

All prices are in Thai Baht (THB). Foreign freehold ownership available subject to building quota. Contact us for the latest unit availability and pricing.

Starting From

฿3,380,000

Thai Baht — Foreign Freehold

LocationRatchada – Rama 9, Bangkok

DeveloperSC Asset Corporation

CompletionCompleted

BTS / MRTMRT Phetchaburi (600m)

OwnershipForeign Freehold

Enquire About
This Property

Or email us at hello@sellingbangkok.com

Buyer’s Guide

Common Questions

Yes. Foreigners can own a condominium unit outright in their own name on a freehold basis in Thailand. There is no lease or intermediary required. The only restriction is that foreign ownership across an entire building is capped at 49% of total unit area — the remaining 51% must be held by Thai nationals. All developments on this site have foreign freehold units available, subject to the current quota status of each building.

Thai condominium law (Condominium Act B.E. 2522) allows up to 49% of the total floor area of any condominium building to be owned by foreigners on a freehold basis. Once this quota is reached in a given building, new foreign buyers must either wait for existing units to come back to market, or purchase in the Thai quota (which requires a Thai company or long-term lease structure). We verify quota availability before recommending any unit to our clients.

Most Bangkok new developments follow a staged payment structure. A typical schedule looks like this: a reservation deposit (฿50,000–฿200,000) to secure the unit, followed by a signing deposit of 10–15% within 30 days, then progress payments of 5–10% tied to construction milestones, and finally the balance (typically 70–80%) paid at transfer. Payment terms vary by developer and project — contact us for the specific schedule for this development.

The main costs at the Land Department transfer are: Transfer Fee (2% of appraised value, typically split 50/50 between buyer and seller), Specific Business Tax or SBT (3.3% of sale price or appraised value, whichever is higher — applies if the seller has owned for less than 5 years), Stamp Duty (0.5%, only applies if SBT is not payable), and Withholding Tax (varies by seller type). Use our Property Transfer Tax Calculator for a full breakdown.

Yes. As a freehold owner you are free to rent out your unit. Long-term rentals (12 months+) are common in Bangkok and straightforward to arrange. Short-term rentals (Airbnb-style) are technically subject to the Hotel Act in Thailand, though enforcement varies. Many developments in Thonglor, Ekkamai, and Sukhumvit achieve gross rental yields of 4–6% annually. Use our Rental Yield Calculator to estimate returns on any unit.

Not necessarily. The reservation and contract-signing stages can be completed remotely via email and international bank transfer. For the final Land Department transfer, you can either attend in person or grant a Power of Attorney to a trusted lawyer or our representative to act on your behalf. Many of our international clients complete the full purchase without visiting Thailand until they collect their keys.

Foreign buyers must transfer funds from overseas in a foreign currency and convert to Thai Baht upon arrival in Thailand. The receiving Thai bank issues a Foreign Exchange Transaction (FET) form — also known as a Thor.Tor.3 form — for amounts over USD 50,000. This document is essential: it proves the funds originated abroad and is required by the Land Department to register foreign freehold ownership. Always ensure the bank records the purpose as “purchase of condominium” and keep all FET forms safely.