Asakan Place Srinakarin

Asakan Place Srinakarin is a low-rise condominium located in Suan Luang Subdistrict, Suan Luang District, Bangkok 10250. Positioned on Srinakarin Road near the Phatthanakan intersection, the project suits residents looking for an urban home with convenient access to Phatthanakan, On Nut, and Bang Na areas.

The project is an 8-storey residential building with approximately 132 units. Unit types include studio and 1-bedroom layouts, suitable for single residents, couples, and buy-to-let investors seeking rental demand in the Srinakarin area. Parking is available for residents in line with the typical format of a low-rise condominium.

Facilities include passenger elevators, parking area, nearby retail options, and common-use spaces that support everyday living. Security features include security guards, CCTV, and controlled building access for resident 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 latest juristic management details directly with the condominium office.

In terms of location, the project is within about 1.5-2 kilometers of MRT Yellow Line Kalantan Station and about 2-2.5 kilometers from Si Nut Station, offering an additional transport option to connect with Lat Phrao, Samrong, and Bang Kapi. Nearby landmarks include Seacon Square Srinakarin, Paradise Park, Samitivej Srinakarin Hospital, and Kasem Bundit University, making this condominium a practical residential choice in the Srinakarin neighborhood.

Asakan Place Srinakarin in 2026 shows a steady, non-speculative price tone, supported mainly by real demand in the Suan Luang- Srinakarin area and rental demand from office workers around Phatthanakan- Rama 9 looking for affordable units.

• Resale price per unit (typical 30 sq.m.): THB 1.65-1.95M
• Average resale price per sq.m.: THB 55,000-65,000
• Average rent: THB 7,500-9,000 per month (studio to 1-bed)

Rental Yield (gross) quick math: buy at THB 1.80M and rent at THB 8,500 per month. Annual rent = 8,500 x 12 = THB 102,000. Yield = 102,000 divided by 1,800,000 = 5.67% per year. This level is relatively attractive versus newer nearby condos with higher price per sq.m., where yields are often compressed.

For Capital Gain, a realistic expectation is about 2-4% per year over the next 1-3 years. From a THB 1.80M entry, a reasonable target range is roughly THB 1.84-1.95M, depending on unit condition, renovation, and the broader resale supply. Key risk: rental competition from newer projects along Srinakarin, which may require owners to refresh interiors and keep rent pricing practical to maintain occupancy.