Ideo Morph 38

Ideo Morph 38 is a high-rise condominium located at 88 Soi Sukhumvit 38, Phra Khanong, Khlong Toei, Bangkok 10110. The project is approximately 300 meters from BTS Thong Lo Station, placing it in one of Sukhumvit's well-established residential areas with convenient access to Thong Lo, Ekkamai, and Rama 4. This location is suitable for both owner-occupiers and investors seeking rental demand in a prime urban neighborhood.

Developed by Ananda Development Public Company Limited and completed in 2012, the project comprises 1 residential building with 10 floors and around 162 units. Parking capacity is approximately 60 cars. Unit types include studio, 1-bedroom, 2-bedroom, and duplex layouts. One of the project's distinctive features is its modern loft-style design with high ceilings in selected units.

Facilities include a swimming pool, fitness center, garden, lobby, passenger elevators, and common areas for daily use. The security system includes 24-hour security guards, CCTV, and key card access. Building management is handled under standard condominium juristic management.

For a nearby project in a related location, see THE BASE Phetchaburi-Thonglor

Ideo Morph 38 sits in Sukhumvit 38, a Thonglor-Phra Khanong pocket with steady rental demand from office workers and expats. The project is about 650 m from BTS Thong Lo (typically a walk to the main road, then along the sidewalk). In 2026, the key theme is stable leasing performance, while competition comes from nearby options such as Ivy Thonglor and newer supply toward Rama 4, which can cap rent growth.

• Resale price (2026): Typical 1-bed 34 sq.m. trades around THB 5.3M, or roughly THB 156,000 per sq.m.
• Average rent (2026): About THB 25,000 per month (around THB 735 per sq.m. per month)
• Rental Yield: (25,000 x 12) ÷ 5,300,000 = 0.0566, or 5.7% p.a. (before common fees, taxes, and vacancy)

Capital gain outlook: Using an estimated 2024 benchmark of ~THB 145,000 per sq.m. for inner Sukhumvit resale stock, moving to ~THB 156,000 per sq.m. in 2026 implies about +7.6% over two years, or roughly 3.7% per year. This is a moderate appreciation profile, better suited to investors prioritizing cashflow and tenant-ready units rather than aggressive speculation.