A Space I.D. Asoke-Ratchada

A Space ID Asoke-Ratchada is a high-rise condominium located at 624 Din Daeng, Din Daeng, Bangkok 10400. Positioned near Rama 9 and the Asoke-Din Daeng intersection, the project is suitable for both residential living and rental investment. It was developed by Areeya Property Public Company Limited and completed around 2014.

The project consists of 1 residential building with 29 floors and approximately 543 units, with parking spaces for about 40% of the total units. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with usable areas starting from around 28 square meters. The design focuses on practical urban living for residents who need convenient access to Asoke, Rama 9, and Ratchada business areas.

Facilities include a swimming pool, fitness room, garden, lobby, multipurpose area, and passenger lifts. Security systems include 24-hour security guards, CCTV, and key card access control.

In terms of transportation, the project is located about 1.4 kilometers from MRT Phra Ram 9 Station and around 1.6 kilometers from MRT Thailand Cultural Centre Station. It also offers convenient connections to Asoke-Din Daeng Road, Ratchadaphisek Road, and Si Rat Expressway. Nearby landmarks include Central Rama 9, Fortune Town, and Esplanade Ratchada.

Property management is handled under the condominium juristic person structure, helping maintain common areas and building systems on an ongoing basis. For buyers comparing inner-city condominium options, this location may also be considered alongside projects such as Ivy Thonglor.

A Space ID Asoke-Ratchada in Din Daeng, near the Rama 9 business zone, shows a 2026 profile that many investors classify as “mid-city value”. Compared with newer projects around Rama 9 such as Ideo Mobi Rama 9 and Ashton Asoke - Rama 9, its entry price per sq.m. is typically lower, helping rental yield stay competitive.

• Resale price per unit (1-bed 30-35 sq.m.): THB 3.2-4.0M
• Average resale price: THB 115,000-135,000 per sq.m. (example: 33 sq.m. x 125,000 = THB 4.13M)
• Average rent: THB 14,000-18,000 per month (fully furnished units lease faster)

Rental Yield (simple math): buy at THB 3.60M and rent at THB 16,000 per month. Annual rent = 16,000 x 12 = THB 192,000. Yield = 192,000 ÷ 3,600,000 = 5.33% per year (before common fees, taxes, and vacancy).

Capital gain view: With office demand tied to Rama 9-Asoke and continuous new supply nearby, price growth is likely gradual rather than aggressive. A reasonable base case for 2026-2028 is around 2-4% per year, with better upside for high-floor, open-view units in strong condition, which typically face less negotiation at resale.