InterContinental Residences Bangkok Asoke

InterContinental Residences Bangkok Asoke is a luxury high-rise condominium located on Sukhumvit 19 Road, Khlong Toei Nuea, Watthana, Bangkok 10110, in the prime Asoke area. The project is positioned near the Asoke Montri intersection with convenient access to Sukhumvit, Phetchaburi, and Rama 9 roads. It is approximately 350 meters from BTS Asok Station and around 400 meters from MRT Sukhumvit Station, making daily travel highly convenient for both drivers and public transport users.

Developed by Raimon Land Public Company Limited, the project consists of 1 residential tower with 39 floors and approximately 381 residential units, with about 309 parking spaces. Unit types include 1-bedroom, 2-bedroom, 3-bedroom, duplex, and penthouse layouts. The residences are designed for premium urban living with a strong focus on privacy, spacious layouts, and branded residence standards.

Facilities include a lobby, residents' lounge, swimming pool, fitness center, yoga room, spa, relaxation areas, meeting room, and private function spaces. A major highlight is its management under InterContinental Hotels Group, or IHG, bringing hotel-style services to long-term residential living. Security features include 24-hour security personnel, CCTV, key card access, and controlled entry points. The project is expected to be completed around 2026. Those interested in nearby luxury condominium options may also explore Ivy Thonglor.

InterContinental Residences Bangkok Asoke in 2026 sits in the luxury Asoke-Rama 4 pocket where rental demand is led by expat executives and CBD professionals. This makes the project more “income-driven” than purely speculative. Connectivity to BTS Asok and MRT Sukhumvit (approx. 700-900 m) supports occupancy, comparable to nearby demand nodes such as Ashton Asoke - Rama 9 and parts of the Ploenchit corridor (e.g., Noble Ploenchit) where tenant profiles overlap.

• Resale price per unit: 1-bed 34 sq.m. around THB 9.5M
• Average selling price: about THB 280,000 per sq.m. (commonly seen range THB 260,000-320,000 per sq.m.)
• Average rent in 2026: THB 50,000 per month (THB 45,000-60,000 depending on view and fit-out)
• Rental Yield (brief math): (50,000x12) - 1 vacant month (50,000) = 550,000 per year; minus annual common fees ~30,000 = 520,000 net; Yield = 520,000-9,500,000 = 5.47% p.a.

Capital gain view: using a 2024 benchmark near THB 260,000 per sq.m. rising to ~THB 280,000 per sq.m. in 2026 implies roughly 7-8% over two years (about 3-4% p.a.). Upside is supported by higher-priced new luxury launches and resilient rental demand, while downside risk comes from competing rental listings if multiple owners release units simultaneously.