iCondo Green Space Sukhumvit 77 Phase 2

iCondo Green Space Sukhumvit 77 Phase 2 is located at Soi Lat Krabang 20/3, Lat Krabang, Bangkok 10520. This is a Low Rise condominium developed with a green living concept, suitable for both owner-occupiers and investors seeking rental demand in the Lat Krabang area, where working professionals and students continue to support the market.

The project consists of 4 residential buildings, each 8 storeys high, with approximately 470 units in total. Parking is available for around 35% of the units. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with sizes starting at approximately 24 - 50 square meters. The room layouts are practical and fit everyday urban living.

Facilities include a swimming pool, fitness room, garden areas, common sitting space, lobby, and landscaped green zones throughout the project. Security features include 24-hour security guards, CCTV, and key card access control. The project was completed around 2018 and developed by Property Perfect Public Company Limited. Management is handled under standard condominium juristic person administration.

The location offers convenient access to Lat Krabang Road, Sukhumvit 77, and Suvarnabhumi Airport. It is also about 3 - 4 kilometers from Airport Rail Link Lat Krabang Station, making travel into the city and nearby business zones more convenient. A nearby project of interest is Iris Avenue Ladkrabang-Onnut.

iCondo Green Space Sukhumvit 77 Phase 2 (Lat Krabang 20/3) targets the Lat Krabang-On Nut rental market. Core demand is driven by Suvarnabhumi Airport staff, nearby industrial employment, and students in the Lat Krabang area. This helps occupancy remain resilient even with competition from nearby projects such as Iris Avenue and multiple Lumpini developments.

• 2026 resale price: 1-bedroom 26-28 sq.m. typically trades around THB 1.75-1.95M per unit
• Price per sq.m.: about THB 65,000-72,000 per sq.m., with well-maintained fully furnished units holding the higher range
• Average rent: THB 8,500-10,000 per month for a 1-bedroom

Rental Yield (quick math): assume purchase at THB 1.85M and rent at THB 9,500 per month. Annual rent = 9,500 x 12 = THB 114,000. Gross yield = 114,000 - 1,850,000 = 6.16% per year (before common fees, taxes, and vacancy).

Capital Gain view: Based on the area’s historically moderate price growth, a conservative 2026 expectation is 2-4% per year, roughly THB 35,000-75,000 per unit. Key risk is a sizeable second-hand supply in the same corridor; however, the project’s strength is real tenant demand, making it more suitable for cash-flow investors than aggressive short-term speculators.