Lake Avenue Sukhumvit 16

Lake Avenue Sukhumvit 16

1 Sukhumvit 16 Alley, Sukhumvit Road, Khlong Tan Subdistrict, Khlong Toei District, Bangkok, 10110

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Project Information

Project Type

Condo

EIA Permission

In Progress

Quantity

160 Unit

Completed

1985

Floor Plan

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Project Location

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Project Concept

Lake Avenue Sukhumvit 16 is shaped around the idea of a “quiet inner-lane residence” that still connects seamlessly to the Asoke-Phrom Phong business lifestyle. The architecture leans toward clean, contemporary lines rather than short-lived trends, aiming for a timeless look that fits both end-users and rental demand in a location favored by expatriate tenants who value privacy.

The design concept draws inspiration from a calm, waterside mood associated with the nearby Benjakitti Park area. This is expressed through soft, relaxing color palettes and natural-feel finishes, paired with openings planned to bring in daylight and airflow, helping the home feel less confined than many central-city condos.

Shared spaces are planned with practical daily use in mind, including dedicated relaxation corners and fitness areas that open to city views, supporting a balanced routine between work and rest. Connectivity reinforces the concept: the project sits about 1.0 km from MRT Sukhumvit and around 1.1 km from BTS Asoke, making the promise of “peace in the lane, speed to the city” tangible. For investors, that combination of livability and transit access is a key driver of long-term rental resilience.

Project Highlights

Lake Avenue Sukhumvit 16 stands out for its inner-city residential setting in Sukhumvit Soi 16, offering a calmer neighborhood feel while staying close to Asoke’s business and lifestyle hub. This positioning suits both end-users and investors, especially targeting office workers and expats who value walkable conveniences without the noise of main-road frontage.

  • Prime Soi 16 location near the Asoke-Phrom Phong zone, surrounded by everyday services, dining options, and cafés within easy reach.
  • Convenient rail access with MRT Sukhumvit about 1.2 km away and BTS Asoke about 1.3 km away, enabling smooth connections to Sukhumvit and Ratchadaphisek corridors.
  • Close to retail and green space such as Terminal 21 (approx. 1.4 km) and Benjakitti Park (approx. 1.7 km), supporting a work-life balance lifestyle.
  • Complete facilities including a swimming pool, fitness room, and relaxing common areas that enhance daily living and rental appeal.
  • Differentiated value a quiet-soi atmosphere paired with quick access to a major CBD, helping sustain steady rental demand over time.

Description

Lake Avenue Sukhumvit 16 is a high-rise condominium located at 1 Khlong Tan, Khlong Toei, Bangkok 10110, in Sukhumvit 16, close to the Asok and Phrom Phong areas. Completed in 1985, the project was developed by Lake Avenue Condominium. It consists of 1 residential building with 29 floors and around 160 units, with parking spaces available for residents.

The unit types mainly feature large layouts, including 2-bedroom, 3-bedroom, and penthouse units, making the project suitable for families and residents seeking spacious living in a prime city location. Facilities include a swimming pool, fitness center, tennis court, garden, lobby, and elevators. The security system includes 24-hour security, CCTV, and key card access.

For transportation, the project is approximately 700 meters from BTS Asok and about 750 meters from MRT Sukhumvit. It also offers convenient access to Sukhumvit Road, Ratchadaphisek Road, and Rama 4 Road. Nearby landmarks include Terminal 21, Emporium, EmQuartier, Benjakitti Park, and Samitivej Hospital. The property is managed by the condominium juristic person. For another project in a nearby prime location, see Ivy Thonglor.

Price Trend

Lake Avenue Sukhumvit 16 in 2026 sits in a rental-driven pocket between Asoke and Phrom Phong, supported by steady expatriate demand. Access is practical: BTS Asoke is about 950 m away and MRT Sukhumvit about 1.0 km, helping resale prices stay resilient versus newer nearby launches with higher price per sq.m.

  • Resale price per unit: 1-bed 45-55 sq.m typically around THB 7.2-9.2M
  • Average selling price per sq.m: roughly THB 155,000-175,000 per sq.m
  • Average rent: THB 30,000-38,000 per month (1-bed) and THB 45,000-60,000 per month (2-bed)

Rental Yield example (gross): buy a 50 sq.m 1-bed at THB 8.0M and rent at THB 35,000 per month. Annual rent = 35,000 x 12 = THB 420,000. Gross yield = 420,000 ÷ 8,000,000 = 5.25% per year (before common fees, vacancy, and maintenance).

Capital Gain view: with limited new supply in Sukhumvit 16, price growth is likely gradual at about 2-4% per year through 2026. Units with good condition or refreshed interiors tend to outperform, while resale negotiations commonly require a 3-6% discount to close, especially when competing with nearby Asoke inventory.

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