Asoke Towers

Asoke Towers is a high-rise condominium located at 215 Khlong Toei Nuea, Watthana, Bangkok 10110. The project sits in the prime Asoke area with convenient access to both Sukhumvit Road and Asoke Montri Road. It is approximately 350 meters from MRT Sukhumvit Station and around 500 meters from BTS Asok Station, making it suitable for both residential living and long-term rental demand.

Completed in 1986, the project was developed by Asoke Towers Co., Ltd. It consists of 1 residential building with 28 floors and around 100 units. Parking is available within the project and is considered reasonable for a condominium developed in the early phase of the Asoke neighborhood. Unit types mainly include spacious 2-bedroom, 3-bedroom, and penthouse layouts, appealing to residents who prefer larger living areas than many newer condominiums in the area.

Facilities include a swimming pool, fitness room, passenger lifts, lobby, and common relaxation areas. The security system includes 24-hour security guards, CCTV, and controlled building access. Management is handled by the condominium juristic person, which oversees common area maintenance and day-to-day order within the property.

A key advantage of the project is its large unit sizes in a central business district location. Nearby landmarks include Terminal 21, Interchange 21, Rutnin Eye Hospital, and Srinakharinwirot University Prasarnmit Campus. It is well suited to buyers seeking a centrally located Asoke condo with more privacy and lower unit density than many modern developments.

Asoke Towers in 2026 remains a resale-driven asset in the Asoke CBD pocket, supported by stable rental demand from office workers and expats. The project is roughly 700 m from BTS Asok and about 650 m from MRT Sukhumvit, which helps sustain occupancy even as newer nearby condos push higher price per sq.m.

• Resale price per unit: 1-bed 45 sq.m. averages THB 5.2M
• Average selling price per sq.m.: ~THB 115,000 per sq.m.
• Average rent: ~THB 25,000 per month (1-bed 45 sq.m.)

Rental Yield (2026): simplified calculation = (annual rent ÷ purchase price) x 100 = (25,000 x 12 ÷ 5,200,000) x 100 = 5.77% p.a. (before common fees, taxes, and vacancy).

Capital Gain outlook: Based on typical resale appreciation in the Asoke area during 2024-2025 at around 2-4% p.a., a realistic 2026 expectation is a more conservative 2-3%, or about THB +100k to +160k on a THB 5.2M unit. Upside comes from prime CBD access and higher pricing of new launches that indirectly supports resale levels. The key constraint is building age, which usually caps price acceleration versus newer projects. As a result, the investment profile leans more toward cashflow from rent than aggressive capital gains.