A Space Asoke-Ratchada

A Space Asoke-Ratchada is a high-rise condominium located at 624 Din Daeng, Din Daeng, Bangkok 10400. The project sits in the Asoke-Rama 9-Ratchada area, close to MRT Phra Ram 9 at around 750 meters and MRT Thailand Cultural Centre at about 1.4 kilometers, making it convenient for commuting to Bangkok's new CBD.

Developed by Areeya Property Public Company Limited, the project was completed in 2010. It consists of 2 residential buildings with 8 and 14 floors, totaling around 543 units. Parking is available for approximately 40 percent of the units. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with sizes starting from about 25-60 square meters, suitable for both end-users and rental investors.

Facilities include a swimming pool, fitness center, garden, library, multi-purpose area, on-site shops, and passenger elevators. The security system includes 24-hour security guards, CCTV, and key card access. Property management is handled by the condominium juristic person, helping maintain the common areas and overall living environment.

The project stands out for its location near Central Rama 9, Fortune Town, and major office buildings in the Rama 9 district, which supports strong rental demand. This makes it an appealing option for both homebuyers and investors seeking a city-fringe condo with practical access to work and lifestyle destinations. A nearby project worth noting is Atmoz Ratchada-Huaikwang.

A Space Asoke-Ratchada in 2026 is positioned as a mid-market resale condo supported by rental demand from Rama 9-Ratchada offices and commuters working around Din Daeng-Asoke. Pricing is generally more accessible than premium Asoke-Rama 9 towers, while competing with newer supply around Huai Khwang.

• Resale price per unit (1-bed, 32 sq.m.): ~THB 2.55M
• Price per sq.m.: ~THB 79,700 (2.55M - 32 sq.m.)
• Common asking range: THB 2.3-2.9M depending on renovation, floor, and view

• Average rent (1-bed): ~THB 11,500 per month
• Achievable rent for fully furnished, better view units: THB 12,000-13,000 per month

• Rental Yield (simple): (11,500 x 12) - 2.55M = ~5.4% per year (before common fees and vacancy)
• At THB 12,500 per month, yield improves to ~5.9% per year

Capital gain outlook: assuming a steady 2-3% annual appreciation typical for the Ratchada-Rama 9 corridor, the unit may trade around THB 2.70-2.80M within 2-3 years (capital gain ~THB 150k-250k). Key risk is price pressure from nearby alternatives such as Ashton Asoke - Rama 9 and Atmoz Ratchada-Huaikwang, which can temporarily cap resale upside during high-supply periods.