Formosa Ladprao 7

Formosa Ladprao 7

Lat Phrao 7 Alley, Lat Phrao Road, Chom Phon Subdistrict, Chatuchak District, Bangkok, 10230

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Project Information

Project Type

Condo Low Rise

Land Size

1 Rai30 Sq.wa

EIA Permission

approved

Quantity

8 Floor 1 Building 97 Unit

Parking

64 Parking

Completed

2017

Developed By

Thai-one Property

Floor Plan

No information

Project Location

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Nearby Locations

Project Concept

Formosa Ladprao 7 is shaped around a compact, genuinely livable condominium concept in inner Bangkok. The design takes cues from Soi Ladprao 7 - typically calmer than the main road yet well connected to the broader Ladprao-Ratchada area - and translates that neighborhood character into a quiet, efficient residential environment.

The architectural language focuses on clean lines, light-toned materials, and carefully placed openings to bring in natural daylight. This approach helps units feel brighter and more spacious, an important advantage in compact layouts, while also reducing the sense of enclosure created by surrounding urban buildings.

Planning emphasizes short walking distances and practical circulation. Common areas are arranged to support everyday convenience for working residents, keeping movement simple and direct rather than overly elaborate. The overall interior mood leans modern and uncluttered, aiming for long-term usability rather than trend-driven decoration.

Landscape design introduces low-maintenance greenery at key visual breaks and resting points, creating a calmer atmosphere against the busy Chatuchak-Ladprao context. From an investment perspective, the concept positions the project as “simple, functional, and private,” a profile that can stay competitive in a neighborhood with many nearby condominium options.

Project Highlights

Formosa Ladprao 7 stands out for its location in Soi Ladprao 7 (Chomphon, Chatuchak), close to the Ladprao intersection - a key hub linking lifestyle destinations and major employment areas toward Ratchada and Rama 9. This positioning supports both end-users and rental investors, with steady demand reinforced by multiple nearby condominium projects.

  • Prime inner-soi setting: quieter than the main road, yet convenient access to Ladprao Road, with Union Mall and Central Ladprao nearby.
  • Transit connectivity: approximately 1.2 km to MRT Phahon Yothin and about 1.4 km to BTS Ha Yaek Lat Phrao, enabling smooth commutes toward Asok and the CBD.
  • Everyday conveniences: a dense mix of local eateries, cafes, and supermarkets across the Ladprao-Phahonyothin area, plus Chatuchak Park for outdoor relaxation.
  • Investor angle: dual-line access (Green and Blue lines) broadens the tenant pool, appealing to office workers and students in surrounding districts.
  • Differentiation: walkable rail access in a highly competitive neighborhood helps protect liquidity and supports long-term rental absorption.

Description

Formosa Ladprao 7 is located on Soi Ladprao 7, Chom Phon, Chatuchak, Bangkok 10230. It is a low-rise condominium developed by Formosa Property Co., Ltd. The project consists of 1 building, 8 floors, with approximately 79 residential units and parking for around 40% of total units. The project was completed in 2014 and is suitable for residents looking for a compact condominium in the early Ladprao area with convenient access to the city.

Unit types include studio, 1-bedroom, and 2-bedroom layouts, with usable areas starting from around 28 - 56 sq.m. Facilities include a lobby, swimming pool, fitness room, passenger lift, parking area, and common relaxation space. Security systems include CCTV, key card access, and 24-hour security personnel.

The project stands out for its location near MRT Phahon Yothin, approximately 700 meters away, and MRT Lat Phrao, about 1.2 kilometers away. Nearby landmarks include Union Mall, Central Ladprao, Suan Lum Night Bazaar Ratchadaphisek, and Paolo Kaset Hospital, making it attractive for both owner-occupiers and rental investors. A nearby project for comparison is COBE Ratchada-Rama 9. The building management is handled by the condominium juristic person of the project.

Price Trend

Formosa Ladprao 7 (Chomphon, Chatuchak) sits in early Ladprao, benefiting from rental demand tied to the Ratchada-Rama 9 job hub and the Ladprao intersection lifestyle zone. In 2026, pricing is framed by nearby projects such as Metris Ladprao and Life Ladprao Valley, which lift area benchmarks, while this project typically remains more affordable on an absolute unit price basis.

  • Resale price (2026): 1-bedroom 28-32 sq.m. about THB 2.30-2.75M, or roughly THB 82,000-92,000 per sq.m.
  • Average rent: THB 11,500-14,000 per month for 1-bedroom, around THB 410-470 per sq.m. per month
  • Rental Yield (quick math): THB 13,000 x 12 = 156,000 per year; 156,000 ÷ 2,500,000 = 6.24% gross yield (before common fees, taxes, and vacancy)

Capital gain view: using a 2024-2025 reference band of ~THB 78,000-86,000 per sq.m., a move to 82,000-92,000 per sq.m. in 2026 implies roughly 3-6% annual growth. Upside comes from higher-priced new supply in the Ladprao-Ratchada corridor. The key risk is leasing competition from larger projects near stations, so achieving stable occupancy may require market-aligned rents rather than aggressive pricing.

Facilities

Lobby
Swimming Pool
Fitness
Jacuzzi
Library
Garden
Shower Room
No. of Parking Space
Elevator
Security system
Entrance & Exit  Access Key Card
CCTV system
Security Guard: 24 hours service

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