Chewathai Residence Asoke

Chewathai Residence Asoke is a high-rise condominium located at 295 Makkasan, Ratchathewi, Bangkok 10400, in the Asoke - Phetchaburi area, one of Bangkok’s key residential and business districts. The project was developed by Chewathai Public Company Limited and completed in 2017.

The development consists of 1 residential building with 29 floors and 315 units, with approximately 192 parking spaces, or around 61 percent of total units. Unit types include 1-bedroom, 2-bedroom, and penthouse layouts, suitable for both owner-occupiers and rental investment, especially for working professionals in Asoke, Rama 9, and Phetchaburi.

Facilities include a lobby, swimming pool, fitness center, sauna, steam room, garden, and common areas designed for daily living. The security system features 24-hour security guards, CCTV, and key card access control.

In terms of transportation, the project is about 350 meters from MRT Phetchaburi Station and around 500 meters from Airport Rail Link Makkasan Station, offering convenient access to Asoke, Sukhumvit, Rama 9, and other central business areas. It is also close to expressways and major lifestyle destinations such as Terminal 21, Singha Complex, and Central Rama 9. Overall, this project is suitable for both self-living and investors seeking a condominium near mass transit in Bangkok’s inner city.

Building management follows standard mid to upper segment condominium practices, with a focus on privacy and consistent maintenance of common areas. For a nearby project, you may also explore Ivy Thonglor.

Chewathai Residence Asoke (Makkasan, Ratchathewi) in 2026 is supported by office-driven demand from the Asoke-Rama 9 corridor and strong connectivity to MRT Phetchaburi (about 900 m) and Airport Rail Link Makkasan (about 1.1 km).

• Resale price per unit: typical 1-bed 35 sq.m. around THB 5.6M
• Price per sq.m.: roughly THB 160,000 (commonly THB 145,000-175,000)
• Average rent: THB 23,000 per month (range THB 20,000-28,000)

Rental Yield (2026): annual rent THB 23,000 x 12 = THB 276,000. Divide by purchase price THB 5,600,000 gives 4.9% gross yield (before common fees, taxes, and vacancy). This level is competitive for the Asoke-Rama 9 rental market, where many nearby condos tend to land around 3.8-5.0% depending on unit size and condition.

Capital Gain outlook: based on the 2024-2026 recovery pattern, a reasonable expectation is 2-4% per year. Upside comes from CBD-adjacent positioning and newer launches in the wider area pricing higher, which helps anchor resale values. Key risk is leasing competition from new supply around Rama 9 that can pressure rents in certain periods.