Asakan Place Ramkhamhaeng 105/1

Asakan Place Ramkhamhaeng 105/1

Ramkhamhaeng Road, Hua Mak Subdistrict, Bang Kapi District, Bangkok, 10240

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Project Type

Condo

EIA Permission

In Progress

Quantity

593 Unit

Completed

2003

Floor Plan

No information

Project Location

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Project Concept

Asakan Place Ramkhamhaeng 105/1 is shaped by a practical design concept: a condominium made for everyday living in the Huamark-Bangkapi neighborhood, where local communities, street food, and multiple shortcut routes define the area. Instead of flashy styling, the project emphasizes simplicity, durability, and easy maintenance-qualities that matter for long-term residence and rental operations.

The architecture adopts a calm, modern look with restrained detailing, helping the building feel visually lighter and remain relevant over time. The massing and window openings are planned to bring in natural daylight while supporting airflow, an important response to Bangkok’s hot and humid climate. This approach also helps reduce the “closed-in” feeling often found in dense urban housing.

Common areas are arranged around daily convenience: functional arrival space, practical seating corners, and circulation that prioritizes privacy. The overall planning leans toward safety and straightforward usability, matching the lifestyle of residents who spend most of their day outside and return home for rest and recharge.

From an investor’s perspective, the “live-comfortably, maintain-easily” concept supports stable demand in the Ramkhamhaeng rental market, particularly among working professionals and students seeking affordable housing with flexible commuting options.

Project Highlights

Asakan Place Ramkhamhaeng 105/1 is located in the Huamak-Bangkapi area, on the outer stretch of Ramkhamhaeng Road with convenient links toward Srinakarin and Lat Phrao. It suits both end-users and long-term rental investors, thanks to a genuine residential catchment and everyday amenities nearby. The neighborhood is practical: food options, local markets, and daily services are typically within easy reach, reducing the need for long trips.

  • Demand-driven location Positioned for residents who work or study around Huamak and Bangkapi, with continuous connectivity to Ramkhamhaeng, Lat Phrao, and Srinakarin zones.
  • Flexible commuting Multiple route choices via Ramkhamhaeng and connecting local roads help residents adjust travel paths to avoid peak congestion. The project is not dependent on rail transit as the only option.
  • Everyday convenience Surrounded by convenience stores, eateries, and community services, supporting a low-friction daily lifestyle.
  • Value angle versus newer supply Compared with newer condominiums along the broader Ramkhamhaeng corridor closer to the Rama 9 area, this project often offers a more approachable entry cost per unit, appealing to investors targeting stable, long-hold rental income in a real residential market.

Description

Asakan Place Ramkhamhaeng 105/1 is a low-rise condominium located on Soi Ramkhamhaeng 105/1, Hua Mak, Bang Kapi, Bangkok 10240. The project sits in a convenient residential area with easy access to Ramkhamhaeng Road and Seri Thai Road, close to community amenities, universities, and major retail destinations in Bang Kapi.

The development is an 8-storey residential building with approximately 79 units. Parking is provided within the project in a proportion suitable for a small to mid-sized condominium. Unit types mainly include studio and 1-bedroom layouts, making the project suitable for both owner-occupiers and rental demand from students and working residents in the Ramkhamhaeng area.

Facilities include a passenger lift, parking area, in-building shops, and basic common areas in line with a low-rise condominium format. Security features include on-site staff, CCTV, and controlled building access for residents' safety.

The project was completed around 1995 and developed by Asakan Co., Ltd. Building management information may change over time, so buyers and tenants should verify the current juristic management office directly with the project before making a decision.

In terms of location, the project is near The Mall Bangkapi, Bangkapi Market, and Ramkhamhaeng University, with convenient access to the Saen Saep canal boat. A nearby project can be viewed here: iCondo Serithai Green Space

Price Trend

Asakan Place Ramkhamhaeng 105/1 (Huamak, Bang Kapi) in 2026 sits in the “value-for-money” segment of outer Ramkhamhaeng condos. Demand is driven by tenants working around Bang Kapi-Srinakarin and renters who prefer road-based commuting along Ramkhamhaeng, making the project more cashflow-oriented than speculative.

  • Resale price per unit: THB 1.25-1.55M (studio to 1-bedroom, approx. 26-32 sq.m.)
  • Average price per sq.m.: about THB 48,000-55,000/sq.m. (varies by floor, condition, and furniture)
  • Average rent: THB 6,000-7,500/month (fully furnished units can achieve the upper band)

Rental Yield (2026): Example 28 sq.m. unit priced at THB 1.35M, rented at THB 6,800/month. Annual rent = 6,800 x 12 = THB 81,600. Gross yield = 81,600 ÷ 1,350,000 = 6.0% (before common fees, vacancy, and maintenance).

Capital Gain outlook: Based on the gradual price movement seen in comparable Ramkhamhaeng-Serithai condos, a realistic appreciation range is 1%-3% per year (around THB 13,000-40,000 per unit annually). Upside depends more on unit quality and building upkeep than on short-term market hype.

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