Iris Avenue On Nut-Lat Krabang
Ladkrabang Road, Lat Krabang Subdistrict, Lat Krabang District, Bangkok, 10520
Sell0Listing
Rent0Listing
Project Type
EIA Permission
Quantity
Completed
Floor Plan
No information
Project Location
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Nearby Locations
ARL Ban Thap Chang (A3)
2.0 km.
ARL Lat Krabang (A2)
2.1 km.
ARL Suvarnabhumi (A1)
3.0 km.
MRT Sammakorn (OR23)
4.9 km.
MRT Nomkhlao (OR24)
4.9 km.
Project Concept
Iris Avenue On Nut-Lat Krabang is shaped by a practical design concept aimed at everyday comfort in Ladkrabang, an area influenced by long-established neighborhoods as well as airport-related and industrial employment. Instead of relying on flashy styling, the project emphasizes real usability: building placement is planned to create a central open void that becomes the project’s main breathing space, supporting airflow and easing the sense of density across the residential blocks.
Landscape design acts as a connector between buildings and shared facilities, with continuous walkways and small green pockets that offer visual rest. This approach suits residents with late working hours by making the arrival experience feel calmer and more secure. The overall palette typically leans toward clean, simple tones and easy-care finishes, a choice that supports long-term living while also helping control maintenance costs over time.
Inside the units, the concept focuses on layouts that can be furnished without awkward corners, with clear functional zoning and an emphasis on natural light so compact rooms feel more open. From an investor perspective, the “comfortable to live in, easy to rent out” positioning matches Ladkrabang’s rental demand from airport staff, logistics workers, and local students. The result is a condominium identity built around value, livability, and consistent rental relevance rather than short-lived trends.
Project Highlights
Iris Avenue On Nut-Lat Krabang is located in the Lad Krabang residential zone, an area supported by steady rental demand from airport-related workers, logistics staff, and nearby employment hubs. This positioning makes it practical for both end-users and budget-conscious investors seeking stable occupancy.
- Location Set within the On Nut-Lad Krabang pocket, surrounded by everyday conveniences such as local eateries, markets, and neighborhood services - a key factor for long-term livability and tenant retention.
- Connectivity Convenient road access linking Lad Krabang Road, On Nut Road, and Rom Klao Road. Driving to Suvarnabhumi Airport is straightforward, which suits residents who rely mainly on private vehicles.
- Facilities Usable common areas designed for daily routines, typically including a swimming pool, fitness space, relaxation zones, and security systems. These features help strengthen rental appeal and support consistent pricing.
- Differentiation Competes within the same micro-market as nearby projects such as D Condo and Lumpini developments, while retaining a neighborhood feel and potential value gap. It fits investors targeting mid-term upside from improving local activity alongside recurring rental income.
Description
Iris Avenue On Nut-Lat Krabang is a low-rise condominium located on Lat Krabang Road, Lat Krabang Subdistrict, Lat Krabang District, Bangkok 10520. The project is positioned in a convenient area with easy access to On Nut-Lat Krabang Road, Suvarnabhumi Airport, and the Lat Krabang industrial zone, making it suitable for both owner-occupiers and investors seeking rental demand from airport staff, students, and office workers in eastern Bangkok.
Developed by Iris Group, the project consists of 8 low-rise buildings, each 5 storeys high, with approximately 1,179 residential units and parking for around 35% of total units. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with sizes starting from about 28-64 square meters, designed for practical urban living at an accessible price point.
Facilities include a swimming pool, fitness center, garden, playground, on-site shops, and common relaxation areas. The security system features 24-hour security guards, CCTV, and key card access. The project was completed around 2012 and is managed by a juristic management team responsible for maintaining the common areas.
A key advantage of the project is its proximity to Airport Rail Link Lat Krabang Station, approximately 3.5 kilometers away, with convenient access to Suvarnabhumi Airport. Nearby landmarks include Robinson Lifestyle Lat Krabang, The Paseo Lat Krabang, King Mongkut's Institute of Technology Ladkrabang, and Sirindhorn Hospital. For comparison with a related development, see Iris Avenue Ladkrabang-Onnut.
Price Trend
Iris Avenue On Nut-Lat Krabang in 2026 remains positioned as an entry-level condominium in the Lat Krabang pocket. Demand is driven more by real rental needs than aggressive speculation, supported by workers around Suvarnabhumi Airport and Lat Krabang industrial areas. Connectivity is helped by Airport Rail Link Lat Krabang Station (approx. 6.5 km), which keeps leasing liquidity relatively stable versus nearby mass-market competitors (Lumpini and D Condo cluster in the same zone).
- Resale price per unit (studio to 1-bed, 24-30 sq.m.): THB 1.25-1.65M
- Average resale price: THB 52,000-60,000 per sq.m. (renovated, fully furnished units trend higher)
- Average rent: THB 6,500-8,500 per month
Rental yield example (gross): buy at THB 1.45M and rent at THB 7,500 per month. Annual rent = 7,500 x 12 = THB 90,000. Gross yield = 90,000 / 1,450,000 = 6.2% per year (before common fees, vacancy, and maintenance).
Capital gain outlook is moderate and fundamentals-led. Assuming a realistic 2-4% annual price growth, resale levels could move to roughly THB 53,000-62,000 per sq.m. over the next 12 months. Key risks are leasing competition from nearby projects and tighter mortgage conditions, which may cap price appreciation even if rents hold up.
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