Aspire Asoke-Ratchada

Aspire Asoke-Ratchada

แอสปาย อโศก - รัชดา Ratchadaphisek 3 Alley, Ratchadaphisek Road, Bang Mueang Subdistrict, Din Daeng District, Bangkok, 10400

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Project Type

Condo

EIA Permission

In Progress

Quantity

1025 Unit

Completed

2020

Developed By

AP (Thailand) PLC

Floor Plan

No information

Project Location

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Project Concept

Aspire Asoke-Ratchada is shaped by a design concept that balances fast-paced city living with genuine downtime. Set in Din Daeng-Ratchada, an area defined by office clusters and dense residential fabric, the project adopts a clean, modern architectural language. The massing emphasizes lightness through rhythmic vertical and horizontal lines, helping the building read as contemporary and airy rather than heavy along the main road.

The core idea lies in planning for everyday comfort: layouts are arranged to invite daylight and airflow into both residences and shared areas, while minimizing dead corners and improving privacy. Circulation is designed to feel intuitive from arrival to relaxation zones, supporting a “smooth flow” that fits urban routines - leave early, return late, and still feel at ease at home.

Common spaces are conceived as restorative pockets within the city. Instead of purely decorative amenities, the atmosphere prioritizes calm functionality - places to work, read, and unwind with open city views. This approach strengthens the project’s appeal for end-users and rental investors alike, especially with convenient access to transit: MRT Phra Ram 9 is about 650 m away, and MRT Thailand Cultural Centre is about 900 m away.

Project Highlights

Aspire Asoke-Ratchada stands out with an inner-city Din Daeng location that links Asoke and Ratchada efficiently. It fits both owner-occupiers and rental investors thanks to proximity to Rama 9 offices and Ratchada lifestyle hubs, supporting steady tenant demand.

  • Strategic city location near Rama 9, Ratchadaphisek, and Din Daeng, surrounded by offices, eateries, and daily services, enabling quick access to key CBD areas.
  • Transit and road connectivity close to MRT Phra Ram 9 (about 1.2 km) and MRT Thailand Cultural Centre (about 1.6 km). Convenient links to Ratchadaphisek-Asoke-Din Daeng roads and the Din Daeng Expressway entrance.
  • Facilities for urban living with practical common areas such as a fitness room, swimming pool, and work-friendly spaces, helping residents spend less time and money outside.
  • Investment angle offers a strong balance between “Ratchada pricing” and access to Asoke-Rama 9, suitable for rental portfolios targeting office employees and New CBD workers.

Description

Aspire Asoke-Ratchada is a High Rise condominium located at Aspire Asoke - Ratchada, Din Daeng, Bangkok 10400. The project is positioned near Rama 9 Intersection and Ratchadaphisek Road, offering convenient access to key business and lifestyle destinations. It is approximately 900 meters from MRT Phra Ram 9 Station and about 1.3 kilometers from MRT Thailand Cultural Centre Station, making it suitable for both residents and investors seeking strong rental demand in the Rama 9 - Ratchada area.

Developed by AP Thailand Public Company Limited, the project consists of 8 residential buildings, each 12 storeys high, with around 1,025 units in total. Parking is available for approximately 40% of the units. Room types include studio, 1-bedroom, and 2-bedroom layouts, with usable sizes ranging from about 25 to 46 square meters.

Facilities include a swimming pool, fitness center, landscaped garden, common lounge areas, multi-purpose room, on-site shops, and passenger lifts. The security system includes 24-hour security guards, CCTV, and key card access control.

The project was completed in 2014 and is managed under standard condominium juristic management for a large-scale AP development. A nearby project in the same broader location is Atmoz Ratchada-Huaikwang.

Price Trend

Aspire Asoke-Ratchada in 2026 is positioned as a practical investment condo serving office workers around Rama 9-Asoke and tenants seeking strong connectivity. Resale pricing shows steady, not speculative, growth, while rental demand remains the key driver compared with nearby Ratchada-Huai Khwang projects competing mainly on rent and furnishing.

  • Resale price per unit (1-bed 26-30 sq.m.): THB 2.85-3.40M
  • Average resale price: ~THB 115,000 per sq.m.
  • Average rent: THB 14,000-17,000 per month (avg. THB 15,500)

Rental Yield (quick math): THB 15,500 x 12 = THB 186,000 per year. Using a THB 3.10M purchase price, Yield = 186,000 ÷ 3,100,000 = 6.0% p.a. (before common fees, taxes, and vacancy). This level is relatively attractive versus prime CBD condos such as Thonglor or Ploenchit where yields are often lower due to higher entry prices.

Capital Gain outlook: assuming a realistic 2-4% annual appreciation from the 2024-2025 base, 2026 upside is roughly THB 60,000-120,000 per unit per year. The main constraint is new supply along Ratchada-Sutthisan that can cap price acceleration. Units with move-in-ready furnishing and proven rental history typically maintain better liquidity and resale negotiation power.

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