Aspire Ngamwongwan

Aspire Ngamwongwan is located at 222 Thung Song Hong, Lak Si, Bangkok 10210. This is a High Rise condominium developed by AP Thailand Public Company Limited and completed around 2014. The project is positioned for urban residents seeking convenient access to the Ngamwongwan area, close to Pong Phet Intersection, The Mall Ngamwongwan, and key employment zones along Prachachuen and Chaeng Watthana.

The development consists of 1 building with 28 floors and approximately 1,400 residential units, with parking for around 35% of total units. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with sizes starting from about 28 - 46 sq.m. This mix suits both owner-occupiers and rental investors, especially those targeting tenants working in Ngamwongwan, Lak Si, and Vibhavadi Rangsit.

Facilities include a swimming pool, fitness center, garden, lobby, on-site shops, passenger lifts, and common areas designed for daily living. Security features include 24-hour security guards, CCTV, and key card access control.

For transportation, the project is near the SRT Red Line Bang Khen Station, about 3.8 km away, and MRT Purple Line Nonthaburi Civic Center Station, about 6.5 km away. While the location is more practical for car users than walking commuters, it offers good connectivity to Ngamwongwan Road, Prachachuen Road, Vibhavadi Rangsit Road, and Chaeng Watthana Road. Property management is handled by the condominium juristic person. For a nearby project, see Aspire Rattanathibet 2

Aspire Ngamwongwan (Thung Song Hong, Lak Si) shows a steady, income-driven market in 2026. Resale prices are moving gradually, supported by rental demand from the Government Complex area, universities, and offices along Ngamwongwan Road. Compared with nearby projects such as Notting Hill Phahol-Kaset and iCondo Kaset, this project typically remains more affordable on a baht-per-sqm basis, which helps liquidity for both resale and leasing.

• Resale price per unit (1-bed 28-32 sq.m.): THB 1.85-2.25M
• Average resale price: ~THB 70,000/sq.m. (range THB 65,000-78,000/sq.m.)
• Average rent: THB 9,500/month (range THB 8,500-11,000/month depending on floor, view, and furnishing)

• Rental Yield (brief calc): (9,500 x 12) - THB 12,000 annual common fee = THB 102,000 net rent per year. On a THB 2.00M purchase price, yield is ~5.1% per year.

Capital gain view: using an estimated 2024 market level of ~THB 66,000/sq.m. rising to ~THB 70,000/sq.m. in 2026 implies about +6% total, or roughly +3% per year. This is not a high-speculation play; instead, the investment case leans toward stable occupancy and manageable resale competition in the secondary market. For investors prioritizing cash flow and easier tenant matching, the risk-return profile is relatively balanced.