Condo Me Onnut - Rama 9

Condo Me Onnut-Rama 9 is located at 87 Prawet, Prawet District, Bangkok 10250. This is a Low Rise condominium developed for practical urban living in Bangkok's eastern zone, with convenient access to On Nut Road, Phatthanakan Road, and Kanchanaphisek Ring Road. The project was completed around 2018 and developed by Sansiri Public Company Limited, targeting first-jobbers, young residents, and buyers seeking an affordable condominium in a growing residential area.

The project consists of 2 residential buildings, each 8 storeys high, with approximately 346 residential units in total. Parking spaces are available for about 35 percent of the units. Room types mainly include studio and 1-bedroom layouts, designed for efficient use of space and suitable for 1-2 residents. Facilities include a lobby, common area, garden, fitness room, and controlled access entry system for residents.

Security features include 24-hour security guards, CCTV, and key card access. The project is managed by the condominium juristic person in line with standard residential management practices. The location is especially suitable for residents who travel by private car, while Airport Rail Link Ban Thap Chang Station is approximately 4.5 kilometers away. For a nearby condominium in a related area, see Iris Avenue Ladkrabang-Onnut.

Condo Me Onnut-Rama 9 in 2026 sits in the Onnut- Prawet submarket where demand is driven by tenants working around Rama 9 and Bangna, plus airport-related mobility. This supports leasing liquidity, while resale price growth tends to be moderate versus true rail-adjacent locations. Nearby projects such as D Condo Onnut-Rama 9 and several Lumpini-branded condos help frame a competitive, price-sensitive segment.

• Resale price per unit: 1-bedroom 28-30 sq.m. typically 1.65-1.95M THB (avg. 1.80M THB)
• Price per sq.m.: about 55,000-65,000 THB (avg. 60,000 THB)
• Average rent: 7,500-9,000 THB per month (avg. 8,500 THB) for 1-bedroom

Rental Yield (2026) quick math: 8,500 x 12 = 102,000 THB per year; Yield = 102,000 ÷ 1,800,000 = 5.67% per year (before common fees and vacancy). This level is attractive for cashflow-focused investors, provided the unit is competitively priced and maintained.

Capital Gain outlook: using an indicative 2024-2025 range of 56,000-58,000 THB per sq.m. moving to an average 60,000 THB per sq.m. in 2026 implies roughly 3%-7% growth over 1-2 years. Upside is more tied to road connectivity and tenant demand than a rail premium, so the best strategy is buying below market and prioritizing units with strong rentability to reduce exit risk.