Iris Avenue Ladkrabang-Onnut

Iris Avenue Ladkrabang-Onnut is a low-rise condominium located at 17 Ladkrabang, Ladkrabang District, Bangkok 10520. The project is positioned near Ladkrabang Road and Onnut-Ladkrabang Road, making it suitable for residents working in the Ladkrabang area, nearby industrial zones, and Suvarnabhumi Airport.

Developed by Iris Group, the project was completed around 2011. It consists of 5 residential buildings, each 8 storeys high, with approximately 1,179 units in total and parking spaces for around 35% of the units. Room types include studio, 1-bedroom, and 2-bedroom layouts, with usable areas starting from about 28-60 sq.m., suitable for both owner-occupiers and rental investors.

Facilities include a swimming pool, fitness center, garden, on-site shops, passenger lifts, and common areas for daily living. Security systems include 24-hour security guards, CCTV, and key card access control.

For transportation, the project is about 2.7 km from Airport Rail Link Ladkrabang Station and offers convenient access to Suvarnabhumi Airport. This location supports both residential use and rental investment potential in an area with steady housing demand. The property management is handled under the condominium juristic person structure for common area maintenance and management.

Nearby project: D Condo Onnut-Rama 9

Iris Avenue Lat Krabang-Onnut in 2026 shows a steady, non-speculative market profile, supported by rental demand from Lat Krabang employment hubs, airport-related staff, and commuters connecting to the Airport Rail Link corridor. Pricing typically sits in the mid-range versus nearby On Nut-Lat Krabang mass-market projects (often similar) and tends to be below newer, more “city-edge” options such as D Condo Onnut-Rama 9.

• Resale price per unit (studio-1 bed, 24-30 sq.m.): THB 1.25-1.55M
• Average price: about THB 52,000-58,000 per sq.m. (example: 28 sq.m. at THB 1.45M = ~THB 51,800 per sq.m.)
• Average rent: THB 6,500-7,500 per month (basic furnishing)

Rental Yield calculation (simplified): buy at THB 1.45M and rent at THB 7,000 per month. Annual rent = 7,000 x 12 = THB 84,000. Gross yield = 84,000 - 1,450,000 = 5.8% p.a. (before common fees, vacancy, and maintenance). This is broadly competitive for the area, where typical gross yields cluster around 4.8-6.2% depending on unit condition and tenant profile.

Capital gain outlook remains moderate at roughly 2-4% per year, driven more by stable end-user and tenant demand than rapid price re-rating. Over a 3-year hold, a THB 1.45M unit could reasonably trade around THB 1.54-1.63M. To improve exit liquidity, prioritize well-maintained units, open views, and floors that match the most active rental segment.