Condolette Light Convent

Condolette Light Convent is located at 9 Soi Pipat 2, Silom, Bang Rak, Bangkok 10500. This is a High Rise condominium developed by Pruksa Real Estate Public Company Limited and completed around 2015. The project consists of 1 residential building with 20 floors and approximately 111 units, with about 60 parking spaces or around 54% of total units. This parking ratio is considered practical for a condominium in the Silom CBD, where mass transit access is a major advantage.

The unit types are designed for urban living and include 1-bedroom and 2-bedroom layouts, with sizes starting from around 28 - 50 square meters. The project is suitable for office workers in Silom and Sathorn as well as investors looking for rental demand near major business districts. The location is close to BTS Chong Nonsi, about 500 meters away, BTS Sala Daeng, about 700 meters away, and MRT Si Lom, about 850 meters away, making daily travel highly convenient.

Facilities include a swimming pool, fitness room, garden, lobby, and passenger lifts. The security system includes 24-hour security guards, CCTV, and key card access. Building management is generally handled by the condominium juristic person, helping maintain common areas and building systems efficiently. The surrounding area includes office towers, BNH Hospital, Silom Complex, and lifestyle destinations in the Sathorn - Silom area, giving the project strong appeal for both residential use and long-term investment.

Nearby project: Bangkok Feliz Krungthonburi Station

Condolette Light Convent (Phiphat 2, Silom-Bang Rak) is a CBD-oriented condo where demand is driven mainly by office workers in Silom-Sathorn and expats. In 2026, leasing performance remains relatively resilient thanks to proximity to transit: BTS Sala Daeng about 750 m and MRT Si Lom about 850 m, supporting real end-user rentals rather than purely speculative demand.

• Resale price per unit (1-bed 33-35 sq.m.): THB 5.6-6.5 million
• Average resale price: THB 170,000-190,000 per sq.m. (good condition, furnished)
• Average rent: THB 23,000-28,000 per month

Rental Yield example (gross): buy at THB 6.0M and rent at THB 25,000 per month. Annual rent = 25,000 x 12 = THB 300,000. Gross yield = 300,000 - 6,000,000 = 5.0% (before common fees, taxes, and vacancy). In this micro-location, realistic gross yields typically fall around 4.3-5.2% depending on unit condition and tenant profile.

For capital gain, using a 2024 market baseline of roughly THB 160,000-175,000 per sq.m., the 2026 level of THB 170,000-190,000 per sq.m. implies about 3-8% growth over two years. Upside is supported by limited new supply in Silom and stable rental depth, while pricing power is more sensitive for units needing renovation; budgeting a 2-4% negotiation discount is prudent.