Baan Kasemsan 1

Baan Kasemsan 1 is a low-rise condominium located on Soi Kasemsan 1, Wang Mai, Pathum Wan, Bangkok 10330. The project sits in the Siam - Pathum Wan area, only about 300 meters from BTS National Stadium and around 850 meters from BTS Siam, making it convenient for both daily commuting and city living near major shopping and lifestyle destinations.

Completed in 1993, the project consists of 1 residential building with 7 floors and approximately 33 units. Parking is available within the project in proportion to the unit count. Unit types mainly include 2-bedroom and 3-bedroom layouts, with relatively spacious living areas compared with many newer condominiums in the same location. This makes the project suitable for owner-occupiers and long-term investors seeking rare larger units in central Bangkok.

Facilities include passenger lifts, parking, and basic common area features. Security is provided through security personnel and controlled building access. The property is managed under condominium juristic person administration for common area maintenance. However, the specific developer name and management company name are not clearly available from verifiable public sources.

Baan Kasemsan 1, located in Soi Kasemsan 1, Pathumwan, is a CBD-fringe condominium supported by real end-user demand from offices and universities around Siam-Phaya Thai. In 2026, pricing is expected to be stable to slightly rising due to limited inner-city supply, while the rental market faces competition from newer projects nearby.

• Resale price per unit (typical): 1-bedroom 32 sq.m. around THB 4.30M
• Price per sq.m.: about THB 135,000 (practical range THB 125,000-150,000 depending on condition)
• Average rent: THB 17,000 per month (range THB 15,000-20,000)

Rental yield (simple calculation): annual rent THB 17,000 x 12 = THB 204,000. Divide by purchase price THB 4,300,000 = 4.74% gross yield per year (before common fees, taxes, and vacancy). This is a “moderate” yield level for Pathumwan where entry prices are high.

Capital gain view: assuming inner-city appreciation and value uplift from unit renovation, a 2-4% annual price growth is reasonable. That implies THB 4.30M could move to roughly THB 4.56-4.83M over 2 years. The key is buying below market and prioritizing units with good layout and condition to minimize renovation time and vacancy risk.