Baan Pathumwan

Baan Pathumwan is a high-rise condominium located on Phaya Thai Road, Thanon Phaya Thai, Ratchathewi, Bangkok 10400. Positioned in a prime central area, the project offers convenient access to Siam, Pathumwan, and nearby business districts. The condominium was completed in 1997 and developed by L.P.N. Development Public Company Limited, one of Thailand’s established residential developers.

The project consists of 1 high-rise building with 31 floors and around 160 residential units. Unit types include 1-bedroom, 2-bedroom, and larger family-sized layouts. The room sizes are relatively spacious compared with many newer condominiums in the same area, making the project suitable for both owner-occupiers and long-term investors. Parking is available for residents based on the project allocation.

Facilities include a swimming pool, fitness room, garden area, passenger elevators, and common areas designed for daily living. Security features include 24-hour security personnel, CCTV, and controlled access system. The property is managed under the condominium juristic person for ongoing maintenance and common area supervision.

A major advantage of Baan Pathumwan is its central location near BTS Phaya Thai, approximately 350 meters away, Airport Rail Link Phaya Thai, approximately 350 meters away, and BTS Ratchathewi, approximately 700 meters away. Nearby landmarks include Siam Paragon, MBK Center, Chulalongkorn University, and Phyathai 1 Hospital, reinforcing its appeal for urban living and investment.

Nearby project: Lumpini Place Rama 8

Baan Pathumwan on Phaya Thai Road (Ratchathewi) remains a CBD-ready condominium where demand is driven by real end-users and tenants working around Siam-Ratchathewi and nearby hospitals. In 2026, pricing is expected to stay resilient, with gradual upside rather than aggressive jumps, especially versus newer launches that started at higher entry points.

• Resale price per unit (typical 1-bed 45 sq.m.): around THB 8.1-9.3M
• Average resale price: THB 180,000-205,000 per sq.m. (prime corner, open-view units may reach ~THB 215,000 per sq.m.)
• Average rent: THB 30,000-38,000 per month (45 sq.m.)

Rental Yield calculation (example): assume a 45 sq.m. unit bought at THB 8.55M (THB 190,000 per sq.m.) and rented at THB 34,000 per month. Annual rent = 34,000 x 12 = THB 408,000. Gross Rental Yield = 408,000 ÷ 8,550,000 = 4.77% per year (before common fees, taxes, and vacancy).

Capital Gain outlook: As a completed, central-city asset, price appreciation typically follows a steady path. A realistic range is 2-4% per year if the unit is high-floor, well-maintained, and positioned for rental demand. Over 2-3 years, an 8.55M entry could target a resale band of roughly THB 9.0-9.6M, while nearby benchmarks such as The Address Phaya Thai and Wish Signature Midtown Siam help support the area’s pricing ceiling. Investors should prioritize entry cost and unit quality to protect returns.