Downtown Forty Nine

Downtown Forty Nine is a low-rise condominium located on Sukhumvit 49/12, Khlong Tan Nuea, Watthana, Bangkok 10110, in the Phrom Phong - Thonglor residential area. The project is approximately 1.6 kilometers from BTS Phrom Phong Station and about 1.7 kilometers from BTS Thong Lo Station, offering convenient access to Sukhumvit Road, Sukhumvit 49, and nearby city routes.

Developed by Downtown Forty Nine Co., Ltd., the project was completed in 2013. It consists of 1 residential building with 8 floors and around 128 units, with approximately 60 parking spaces. Unit types include 1-bedroom, 2-bedroom, and penthouse layouts. The room sizes are relatively spacious, making the project suitable for both owner-occupiers and rental investment, especially among expatriate tenants in central Sukhumvit.

Facilities include a swimming pool, fitness center, garden, passenger elevators, lobby, and common area spaces for daily use. Security features include 24-hour security guards, CCTV, and key card access. The property is managed under condominium juristic person administration for common area maintenance and project management.

A key advantage of the project is its private location in Sukhumvit 49, surrounded by international schools, Samitivej Sukhumvit Hospital, restaurants, and lifestyle venues. It is suitable for buyers seeking a residential condominium in a well-established Watthana neighborhood. For a nearby comparison, see Ivy Thonglor.

Downtown Forty Nine (Sukhumvit 49/12) benefits from steady rental demand driven by Japanese tenants and professionals working around Thonglor-Phrom Phong. In 2026, the resale market remains selective, but well-maintained, fully furnished units still transact smoothly, with rents generally more stable than sale prices.

• Resale price per unit (2026): 1-bedroom, 40 sq.m. averages THB 6.6M (typical range THB 6.2-7.2M)
• Resale price per sq.m.: average THB 165,000 per sq.m. (range THB 150,000-180,000)
• Average rent: THB 32,000 per month for a furnished 1-bedroom, 40 sq.m.

Rental Yield (shown calculation): annual rent THB 32,000 x 12 = THB 384,000. Divide by purchase price THB 6,600,000 = 0.0582, or about 5.8% per year (before common fees, taxes, and vacancy).

Capital Gain outlook: Using an estimated 2024 benchmark of ~THB 155,000 per sq.m., moving to THB 165,000 per sq.m. in 2026 implies roughly 6-7% growth over two years, or about 3-4% per year. The key support is limited supply within Sukhumvit 49, while newer nearby projects (for example, Ivy Thonglor and Culture Thonglor) may cap aggressive resale upside but also reinforce the area’s rental competitiveness.