City Lake Tower Sukhumvit 16

City Lake Tower Sukhumvit 16 is a high-rise condominium located at 15 Soi Sukhumvit 16, Khlong Toei, Khlong Toei, Bangkok 10110. The project sits in the Asoke - Sukhumvit area, one of Bangkok’s well-connected residential and business districts. It is approximately 700 meters from BTS Asok Station and around 650 meters from MRT Sukhumvit Station, with convenient access to Queen Sirikit National Convention Center and Benjakitti Park.

Completed in 1992, the project was developed by City Lake Group. It consists of 1 residential building with 28 floors and around 54 residential units. The layout focuses on large living spaces, with unit types including 2-bedroom, 3-bedroom, and selected penthouse units. Compared with many newer condominiums in the same area, the rooms here are notably spacious, making the project suitable for families and residents who prefer generous usable space.

Facilities include a swimming pool, fitness room, tennis court, garden area, passenger lifts, and resident parking. The security system includes 24-hour security guards, CCTV, and controlled building access. Property management is handled by the condominium juristic person, which oversees common area maintenance and day-to-day management.

The project stands out for its privacy, thanks to a relatively low number of units, and for its convenient location within Sukhumvit 16, offering easy access to Asoke. It is suitable for long-term living and for buyers seeking large-unit condominiums in a prime inner Sukhumvit location. For comparison with another urban condominium project, see Ivy Thonglor.

City Lake Tower Sukhumvit 16 in 2026 remains supported by its prime inner-Sukhumvit location near the Asoke-Phrom Phong office and lifestyle cluster. Access is practical: BTS Asok is about 900 m away and MRT Sukhumvit about 950 m, helping rental demand from expats and CBD employees who prioritize short commutes.

• Resale price per unit: 1-bed 50 sq.m. averages THB 6.5M
• Price per sq.m.: around THB 130,000 per sq.m. (commonly THB 120,000-150,000)
• Average rent: THB 28,000 per month for a 1-bed 50 sq.m. (range THB 25,000-35,000)

Rental Yield (quick math): annual rent THB 28,000 x 12 = THB 336,000. Divide by purchase price THB 6,500,000 gives about 5.2% per year (before common fees, vacancy, and taxes). This is relatively competitive for Asoke, where newer projects often carry higher entry prices per sq.m., compressing yields.

Capital gain outlook is moderate rather than aggressive, as pricing is already elevated and the building is older than many new launches. A reasonable base case is 2-4% per year, with upside for renovated, move-in-ready units that can be marketed faster. Compared with nearby benchmarks such as Noble Ploenchit or Siri at Sukhumvit, the project can appeal to value-focused buyers seeking larger usable space at a lower price per sq.m.