A Space Hideaway Asoke-Ratchada

A Space Hideaway Asoke-Ratchada is a high-rise condominium located at 622/159 Din Daeng, Din Daeng, Bangkok 10400. The project sits in a convenient city location connecting Asoke, Rama 9, and Ratchadaphisek, with MRT Phra Ram 9 around 1.2 km away and MRT Thailand Cultural Centre around 1.3 km away. It is suitable for both self-living and rental investment in the inner Bangkok zone.

Developed by Areeya Property Public Company Limited, the project was completed around 2008. It consists of 8 buildings, each 14 storeys high, with approximately 1,998 residential units and around 700 parking spaces. Unit types mainly include 1-bedroom, 2-bedroom, and duplex layouts, designed for working professionals and small families.

Facilities include a swimming pool, fitness room, garden, playground, on-site shops, and common areas for daily living. The security system includes 24-hour security guards, CCTV, and key card access. The property is managed by the juristic management team to maintain the buildings and common areas on an ongoing basis.

A key advantage of the project is its relatively private atmosphere compared with many condominiums in the central business area, while still offering easy access to Central Rama 9, Fortune Town, and the Ratchada office district. Those comparing city condo options may also look at Ivy Thonglor as a nearby reference project.

A Space Hideaway Asoke-Ratchada (Din Daeng, near the Rama 9-Ratchada business zone) shows a steady 2026 resale market supported by rental demand from office workers and young professionals. Pricing typically stays below prime, main-road projects nearby, helping the project remain competitive for leasing.

• Resale price per unit (1-bedroom around 30 sq.m.): THB 2.55-2.85M
• Average resale price: about THB 90,000 per sq.m. (range 85,000-100,000)
• Average rent: THB 12,000-14,000 per month (30 sq.m.)

Rental Yield (2026): Example buy at THB 2.70M and rent at THB 13,000 per month. Annual rent = 13,000 x 12 = THB 156,000. Gross yield = 156,000 - 2,700,000 = 5.8%, before common fees, tax, and vacancy.

Capital Gain outlook: Using a realistic 2-4% annual price growth for the Ratchada-Rama 9 area, potential appreciation is roughly THB 54,000-108,000 per year per unit on a THB 2.70M base. Upside is driven by affordability and stable tenant demand; however, growth may lag newer premium launches. Investors should focus on entry price, layout, and units that rent quickly.