Ivy Sathorn 10

Ivy Sathorn 10 is located at 88 Silom, Bang Rak, Bangkok 10500. This is a High Rise condominium in the Sathorn-Silom area, positioned within Soi Sathorn 10. The project is close to BTS Chong Nonsi Station at about 450 meters and BTS Sala Daeng Station at about 700 meters, making it suitable for both urban living and rental investment in Bangkok's central business district.

The project was developed by Pruksa Real Estate Public Company Limited. It consists of 1 residential building with 29 floors and around 301 units. Parking is available for approximately 70 percent of total units. Room types include 1-bedroom, 2-bedroom, and penthouse units, with sizes starting from around 35-140 square meters. The project was completed in 2010.

Facilities include a swimming pool, fitness center, sauna, garden, lobby, passenger lifts, and common relaxation areas. Security features include 24-hour security staff, CCTV, and key card access. Project management is generally handled by the condominium juristic person responsible for common area maintenance and resident services.

A nearby project of interest is Bangkok Feliz Krungthonburi Station.

Ivy Sathorn 10 (Silom-Bang Rak) in 2026 remains supported by CBD demand, especially office workers in Silom-Sathorn and expatriate tenants. The project benefits from transit access: BTS Chong Nonsi is about 700 m away and BTS Sala Daeng about 1.0 km, helping stabilize occupancy compared with nearby mid-high condo stock in the same corridor.

• Resale price per unit: 1-bedroom 35 sq.m averages THB 5.6M
• Price per sq.m: around THB 160,000 (commonly THB 145,000-175,000 depending on floor and condition)
• Average rent: THB 22,000 per month (typical range THB 20,000-26,000)

Rental yield (simple): annual rent THB 22,000 x 12 = THB 264,000. Divide by purchase price THB 5,600,000 gives ~4.7% per year (before common fees, taxes, and vacancy). This level is considered reasonable for CBD assets where investors prioritize liquidity and lower downside risk over high yields.

Capital gain view: if we benchmark 2024 pricing near THB 150,000 per sq.m and compare to ~THB 160,000 per sq.m in 2026, that implies ~6.7% growth over two years, or ~3.3% per year. Upside is likely gradual, with key drivers being building upkeep, unit renovation quality, and competitive pressure from newer launches in the Sathorn-Silom area.